Inter Milan, Italy’s reigning soccer champion, has signed a partnership agreement with blockchain company Zytara Labs. The collaboration aims to provide users of the club’s mobile app with access to crypto products and allow Inter to create digital collectibles for fans around the world. Italy’s Inter Finds Sleeve Sponsor in the Crypto Industry The €85
Month: September 2021
When Congressional Democrats began the legislative process to enact President Biden’s Build Back Better agenda last month, Sen. Bernie Sanders insisted on adding a costly expansion of Medicare benefits to the bill. But a new report from the program’s trustees makes clear that this expansion would be unwise: Medicare is already expensive and growing faster
The Municipal Securities Rulemaking Board has asked the Securities and Exchange Commission for permission to extend the deadline to pass the Series 54 exam two weeks to Nov. 30, 2021, from the previous date of Nov. 12. The extension comes, as promised, shortly after the agency began offering remote examinations following news that a municipal
(Bloomberg) — Gold jumped to a seven-week high after a report showed the U.S. economy added fewer jobs than forecast, easing concerns that the Federal Reserve will soon pare back stimulus. Nickel and aluminum led gains in most base metals. Data on Friday showed the U.S. nonfarm payrolls increased 235,000 in August, the smallest gain
Calling attention to the conflicts of interests makes you a science denier— a heretic. Questioning the ulterior motives of the people involved makes you a conspiracy theorist… by Simon Black of Sovereign Man More than 400 years ago in the year 1615, the Catholic Church hired eleven ‘expert consultants’ and asked them to review the
Uber Technologies Inc.’s (UBER) explosive growth and constant controversy make it one of the most fascinating companies to emerge over the past decade. The global ridesharing application, founded in 2009, disrupted modern transportation as we know it and at one point grew to become the highest valued private startup company in the world. Ten years after
In this article XOM A view of the ExxonMobil Baton Rouge Refinery in Baton Rouge, Louisiana, May 15, 2021. Kathleen Flynn | Reuters Activist firm Engine No. 1 after winning three board seats at Exxon is meeting with other oil companies in its climate change fight, a source familiar told CNBC’s David Faber. The hedge
Like a Bat out of Hell pounds from a ghetto blaster outside one of the small terraced houses on Beaumont Street. For the couple and their two children who sit on garden chairs in the potholed road listening to it, this is what passes for entertainment in the most deprived part of the most deprived
Viewed through a snorkel, a seagrass meadow in the clear waters of Scotland’s Loch Craignish is a fine sight. Long green blades of the underwater flowering plant, also known as eelgrass, sway gently in the tidal current, while in their shade multicoloured crabs face off near the half-buried shell of a native oyster. It is
Wealthy Americans are scrambling for places to hide from plans by Democrats to hike their taxes. Many on Wall Street think they’ve found just the thing. A niche strategy called private placement life insurance, or PPLI, was already gaining popularity among the very rich for its ability to shield fortunes from taxes. Now some advisers
Electric car maker Nio (NIO) modified its third-quarter guidance on Wednesday, citing supply chain constraints. Given the circumstances, Nio has likely done the right thing. This move, and the overall state of the EV market, leaves me bullish on Nio. Nio’s been under some pressure this year. Its stock price reached a high of $66.99
Visitors crowd around the Nvidia booth at the 2016 China Digital Entertainment Expo, known as ChinaJoy, in Shanghai. STR | AFP | Getty Images Check out the companies making headlines in midday trading. Didi Global — Shares of the Chinese ride-hailing giant climbed 3%, on pace for double-digit gains on the week amid a Bloomberg
Sharing is Caring! by Michael Snyder Things just continue to get crazier and crazier. In all of the years that I have been writing about the economy, I have never seen anything like this. The latest employment report that was released on Friday is being described as a “huge disappointment” because the number of Americans that were
An important part of preserving investing profits is knowing when an asset or sector is showing signs of exhaustion and when a sector rotation is underway. This is especially important in the rapidly moving cryptocurrency markets, which can change direction in a heartbeat and turn crypto millionaires into depressed bag holders. Most investors know that
Like nearly every industry, the Covid-19 pandemic has rattled the commercial real estate (CRE) sector. As businesses reopen, owners are being forced to make tough decisions, such as whether or not they should continue to rent office space. Consequently, landlords and other CRE investors may see a continued impact on their revenue stream. As experts
The CEO of real estate brokerage Redfin told CNBC on Friday he believes there has yet to be a serious reckoning among U.S. homebuyers about the dangers climate change presents. “The buyers just keep marching into the jaws of destruction,” Redfin’s Glenn Kelman said in an interview on “Closing Bell.” Wildfire season in the American West is
Reports from Zimbabwe suggest that an individual by the name of Martin Mhlanga, who is the mastermind behind the Cryptoshares bitcoin pyramid scheme, has disappeared along with over $6 million in investor funds. In addition to Mhlanga’s disappearance, the individuals thought to be managing Cryptoshares’ social media channels have similarly vanished. Unrealistic Cryptoshares Promises As
Another week… more disturbing revelations about America’s severely underfunded state and local government pensions… another of a new breed of forensic investigations funded by concerned pensioners whose retirement security is at risk. This week, the Chicago Police Department Pension Board Accountability Group—comprised of retired and active Chicago police officers and their dependents— released the scathing
The municipal market was little changed on Friday as a disappointing August jobs number punctuated an otherwise lackluster day of light trading activity ahead of the Labor Day holiday. Trading fell to a trickle at about $2.1 billion near the close and triple-A benchmarks were unmoved, outperforming a cheaper U.S. Treasury market which saw the
Silver attracted dip-buying near the weekly trading range support, around the $23.80-75 region. The range-bound price action constitutes the formation of a rectangle, pointing to indecision. Mixed technical indicators on hourly/daily charts warrant caution before placing aggressive bets. Silver regained some positive traction on the last day of the week and recovered a part of
If gold shines brightest as real rates go deeper and faster into the… by Matthew Piepenburg via Gold Switzerland Reason 1: The Taper Debate May Not be a Debate at All Here, we look past the taper headlines and ask a simple question: Would a Fed “tapering” of QE really matter? As we’ve written elsewhere,
The Committee on Financial Services of the United States House of Representatives held a virtual hearing on Feb. 18, 2021, with the title “Game Stopped? Who Wins and Loses When Short Sellers, Social Media, and Retail Investors Collide.” The announcement for the hearing noted that “recent market volatility involving GameStop [Corporation (GME)] stock and other
In this article DIDI Budrul Chukrut | LightRocket | Getty Images Shares of Didi are poised for double-digit gains this week amid a Bloomberg News report that Beijing is eyeing a plan to take the troubled ride-hailing giant under state control by acquiring a stake through government-run firms. State-owned Beijing Tourism Group and other companies
The US economy created 235,000 jobs in August, a sharp decline from the previous month and a sign that the more contagious Delta coronavirus variant is having an effect on hiring plans. Non-farm payrolls data released by the Bureau of Labor Statistics on Friday marked a sharp deceleration from the upwardly revised 1.1m jobs created
Many of the large US companies that have spoken out on everything from voting rights and racial equality to transgender recognition in recent years are so far dodging the polarising debate over abortion as some of the country’s tightest restrictions go into effect in Texas. The “heartbeat” law bans abortions after cardiac activity is detected,
HD Financial Specialists, an East Amherst, New York, based firm with $100 million in assets under management, is affiliating with Cetera. HD president Sean Hayden is joined by Samuel Bloomberg, CPA and accounting professional; Dina Dalton, AHIP licensed Medicare professional; Seth Hamilton, financial advisor and tax preparer; Lindsey Gamis, client operations; and Wendy Phelps, client
Hormel Foods Corp. (HRL) turned in an earnings report on Thursday that left a bad taste in investors‘ mouths. The company’s stock price has dropped nearly 6% over the past two days of trading as a result. However, I’m still cautiously bullish on the food maker’s futures. Hormel overall has kept a fairly tight range
Traders on the floor of the New York Stock Exchange, June 18, 2021. Source: NYSE As summer winds down, investor focus may shift to the prospect that another strong earnings season is on the horizon, but trading could remain sluggish in the post-holiday week ahead. Stocks were mixed in the past week, ahead of the
Now that altcoin season is upon us again, multiple tokens are witnessing illustrious price hikes every day. In a sideways market, a key skill for a trader is the ability to anticipate when an asset will break out — and when everything is green, knowing when the rallies are coming to an end becomes equally
As New York City begins a revival, the 1 Hotel in Brooklyn Bridge isn’t simply one of the hottest places for tourists to stay, it embodies everything about Brooklyn that locals love. LEED Gold Certified and designed by INC Architecture and Design, this hotel goes above and beyond even the highest standards of sustainability. With some of the
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