At last, something is happening! Rising oil and gas prices sparked inflation worries among… by Arkadiusz Sieron of Sunshine Profits At last, something is happening! Rising oil and gas prices sparked inflation worries among investors. However, gold hasn’t benefited so far… It took Wall Street a while to find out about inflation above 5%, but it seems
Month: October 2021
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Indian crypto exchange CoinSwitch Kuber raises $260M Indian crypto exchange
RSI and Forex The relative strength index (RSI) is most commonly used to indicate temporarily overbought or oversold conditions in a market. An intraday forex trading strategy can be devised to take advantage of indications from the RSI that a market is overextended and therefore likely to retrace. The RSI is a widely used technical
In this article ELAN Marko Geber | DigitalVision | Getty Images Company: Elanco (ELAN) Business: Elanco is one of the largest global animal health pharmaceutical companies, developing and marketing products for both pet health and farm animals. It offers pet health disease prevention products, such as parasiticide and vaccine products that protect pets from worms,
The Czech opposition won a majority of seats in Saturday’s parliamentary elections, giving them a chance to oust billionaire prime minister Andrej Babis. With 99.9 per cent of votes counted, the rightwing Together coalition and the centrist PirStan coalition of the Pirate Party and the Mayors and Independents were on course to win 108 of
Austrian chancellor Sebastian Kurz has resigned, just days after he was named as a suspect in an investigation by state prosecutors into grand corruption at the heart of the Austrian government. In a brief statement on Saturday evening at the Ballhausplatz — the seat of the chancellery in Vienna — Kurz said it had been
Gulf Coast Educators Federal Credit Union in Pasadena, Texas, is working with CUSO Financial Services, a subsidiary of Atria Wealth Solutions, to expand its investment services program. The $1.2 billion-asset credit union announced Wednesday that it has entered into a multiyear agreement with the San Diego-based broker-dealer to improve the services offered to members and
The Cambridge Dictionary defines a museum as “a building where objects of historical, scientific or artistic interest are kept.” While Santa Fe’s Museum Hill may not be an individual building, the streets and structures that make up this cultural hub are certainly a display of rich and expressive history. Located in Eastside, Santa Fe’s original
U.S. Senator Cynthia Lummis has disclosed her bitcoin purchase worth between $50K and $100K. The senator from Wyoming sees bitcoin as an “excellent store of value” that should be in every investment portfolio. Senator Lummis Buys Bitcoin The pro-bitcoin senator from Wyoming, Cynthia Lummis, disclosed her recent bitcoin purchase in a periodic transaction report (PTR)
Municipal advisors’ most common examination deficiencies are maintaining books and records, travel and entertainment expenses, and service contracts, officials from the Securities and Exchange Commission said in a virtual conference on Thursday. Karla Serna, a senior staff accountant at the SEC’s Chicago regional office said that one of the largest problems municipal advisors face in
Silver prices edged higher but whipsawed after attempting to move higher. The dollar declined and yields moved higher. Gold prices also edged higher generating little price trend in the precious metal space. Treasury yields continue to rise despite a softer than expected U.S. Jobs report. According to the Department of Labor, Nonfarm payrolls rose by
This obviously coordinated attempt to sink the supply chain, the grid, and bring in lockdowns as food is rationed and… by Josh Sigurdson via World Alternative Media Josh Sigurdson reports on the clear collapse of the supply chain by governments around the world as people are pushed out of jobs for not having a jab
Experienced analysts and media outlets including Cointelegraph recently highlighted some indicators suggesting that the Bitcoin (BTC) price rally could be overextended. Those bearish views include one from Bollinger bands creator John Bollinger, suggesting traders use a trailing stop, as signs of a “top” were building up. However, it is worth noting that Bollinger Bands and
In a purely economic sense, inflation refers to a general increase in price levels due to an increase in the quantity of money; the growth of the money stock increases faster than the level of productivity in the economy. The exact nature of price increases is the subject of much economic debate, but the word
When the mayor and other dignitaries gathered a year ago to cut the ribbon on One Vanderbilt, one of Manhattan’s newest and most advanced office towers, the festivities were marred by a pandemic that has raised existential questions about the future of such buildings. Yet One Vanderbilt is now more than 90 per cent leased.
For months, economists predicted that Americans would return to the workforce en masse in September as vaccinations increased, schools reopened and federal unemployment benefits expired. But those predictions were upended when only 194,000 of the 500,000 jobs expected to have been created last month materialised — the least since the start of the year —
(Bloomberg) — Persistent inflation could trigger more spells when bonds and equities move in tandem, according to JPMorgan Chase & Co. analysts, posing a headache for investors who use fixed-income securities to shelter some of their portfolios from stock-market drops. The bond-market selloff in September coincided with the S&P 500 shedding 4.8%, a lockstep move
Facebook (FB) continues to make headlines for all the wrong reasons. Many bears on Wall Street have touted “this time is different” for the controversial social-media behemoth that’s attempting to bounce back from its one-two punch of whistleblower Frances Haugen’s bombshell interview on 60 Minutes, and one of Facebook’s worst outages in over a decade.
Houses designed by Paul Williams have a rich history of ownership by generations of Hollywood players. Tyrone Power, Barbara Stanwyck and Frank Sinatra were among early box-office stars drawn to the architect’s classic Tudor, Georgian and modernist homes. Michelle Pfeiffer, Renee Zellweger and Denzel Washington followed suit. This Los Feliz home, known as the Gray Residence,
The government in Abkhazia has extended an order prohibiting access to internet sites used by cryptocurrency miners. The measure is part of a wider ban on activities related to the extraction of digital coins that also limits the use of electricity and imports of mining equipment in the breakaway Georgian republic. Authorities in Abkhazia Confirm
By Ronni Gordon, Next Avenue Would your loved ones have necessary access to your bank accounts after you die to help carry out your last wishes and handle arrangements? It’s quite likely they won’t unless you take a few essential steps now. “If you have a bank account in a single person’s name, it can take
The municipal 10-year triple-A bond hit a high for the year Friday at 1.18%, beating the yield reached in the March selloff. Municipals were weaker Friday, playing catch-up to another day of U.S. Treasury losses as participants await an $8 billion calendar and a more uncertain market sentiment with the pullback from mutual funds hanging
XAG/USD is steady as the US 10-year T-bond yield sits firmly around 1.61%. The US Dollar Index seems poised to close above 94.00 for the second consecutive week. Silver (XAG/USD) is advancing during the New York session, climbs 0.69%, trading at $22.76 at the time of writing. Price action throughout the American session has been
They bought a window of time to figure out a way to explode the Federal debt by trillions of dollars… Greg Hunter gives The Weekly News Wrap-Up for Friday, October 8, 2021 Mitch McConnell has given the Democrats an out and bought them a window of time to figure out a way to explode the
As September ended, the cryptocurrency markets recovered from the so-called “September curse” handsomely to hit a market capitalization of $2.32 trillion. The decentralized finance (DeFi) market has been an integral part of this growth. The total value locked (TVL) in DeFi protocols grew more than 20%, from $113.5 billion on Sept. 28 to hit $137
There is no single formula for success for trading in the financial markets. Think of the markets as being like the ocean and the trader as a surfer. Surfing requires talent, balance, patience, proper equipment, and mindfulness of your surroundings. Would you go into water that had dangerous rip tides or was shark-infested? Hopefully not.
The executive board of the IMF says it needs more information before coming to a decision about Kristalina Georgieva’s future at the helm of the institution, after failing to reach an agreement on Friday following extensive talks about allegations questioning her ethics in her previous position at the World Bank. In a statement released late on
Apple has asked a US court to postpone an injunction ordering it to open up its App Store to rival payment platforms, a move that, if granted would maintain its iron grip on in-application payments for at least 12 to 18 months. The iPhone maker told the federal court on Friday that “precipitous implementation” of
SEC Commissioner Allison Herren Lee and FINRA CEO Robert Cook’s calls for streamlining the various regulatory databases highlight current barriers to transparent disclosures for investors. Information about an advisor’s legal and regulatory disclosures are often a material component in an investor’s decision to hire or retain a financial professional. Therefore, it is very important that
Facebook (FB) has hogged the headlines among social media stocks lately, and with good reason. While Facebook stock has felt a brunt of the damage, the selling pressure may very well spread to Twitter (TWTR), whose shares look way more expensive. With analysts turning their back against the social-media company, I’m inclined to sit on
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