Frances Haugen, who calls herself an “advocate for public oversight of social media,” testified before the U.S. Senate subcommittee on Consumer Protection, Product Safety and Data Security on Oct. 5, 2021. In her testimony, Haugen alleged that her former employer—Facebook, Inc. (FB)—has a culture in which profits take precedence over the safety of users, including
Month: October 2021
In this article SPWR Construction workers install SunPower tiles on homes in San Ramon, Calif. Robert Nickelsberg | Getty Images SunPower said Tuesday it’s restructuring its operations in a bid to focus exclusively on the fast-growing residential solar market. The company is acquiring residential solar provider Blue Raven, while also looking to sell its commercial
YouTube has shut down R Kelly’s official video channels on its website, the first big action taken to wipe his music off the internet after the R&B artist was last week convicted for sex trafficking and racketeering. The RKellyTV and RKellyVevo channels have been closed, yielding an error page, and the artist will not be
Spurious claims detected by UK insurers fell by a tenth last year, a drop attributed by the industry to the knock-on effects of closing business premises and locking down drivers during pandemic restrictions. General insurers identified 96,000 fraudulent claims in 2020, the lowest number since 2007, according to the latest data from the Association of
Two RIAs managing several billions of dollars in client assets in their second generation of ownership are folding into bigger firms in an effort to ramp up their growth. Dallas-based Quest Capital Management, a hybrid RIA with $1.5 billion in client assets and 24 employees and advisors previously affiliated with Raymond James Financial Services, sold
As we head into the tail end of the year, markets are giving conflicting signals. The steady upward movement, that we saw in all of the main indexes through much of the year, has given way to short-term slips and increased volatility. Inflation is up, the job market remains stuck in an ugly combination of
Take a look at some of the biggest movers in the premarket: Lordstown Motors (RIDE) – The electric truck maker was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes that the recently announced sale of Lordstown’s Ohio plant to Foxconn values the plant at less than a fifth of prior estimates. Lordstown tumbled
Sharing is Caring! from Kerry Lutz’s Financial Survival Network [embedded content] John Rubino returns… As our economy drifts into bankruptcy and financial crisis, we are experiencing a widespread loss of trust. I sit down and chat with John to dissect this, and it seems that we are within a system and cycle that isn’t working so well
Mike S. Shapiro, Chairman HOM Real Estate Group, Co-Founder + Managing Director Plunk, Forbes Author + Podcast, Speaker, Mentor, Investor. I’m often asked if I think it’s smart to buy a house. In a word, I’d say “yes,” but with the caveat that while I believe residential real estate is nearly always a sound investment,
US Bank has launched its cryptocurrency custody services. “Investor interest in cryptocurrency and demand from our fund services clients have grown strongly over the last few years,” the bank said. US Bank’s Crypto Custody Services Now Live U.S. Bank announced Tuesday that its cryptocurrency custody services are now live and available to its Global Fund
If you recently retired or are planning to, you likely have questions about how to position your investments going forward. Conventional wisdom suggests investors should change their asset allocation in retirement to be more conservative. However, depending on your pre-retirement asset allocation, income sources/needs, and long-term goals, that may not be advisable. Here are a
California Gov. Gavin Newsom started the week with a trio of proclamations: to aid schools impacted by wildfires, to aid the Orange County beach areas affected by a massive oil spill, and to support the state’s ongoing response to the COVID-19 pandemic. The order related to schools ensures continuity in education for displaced students and includes waivers
Vladimir Sindeyeve / NurPhoto Robert Kiyosaki, famed investor and author of the “Rich Dad” series of personal finance books, is yet another finance personality speaking out in favor of cryptocurrency investments, along with gold and silver. Explore: 10 Cheap Cryptocurrencies To BuyFind: Treasury Yields To Blame for Dip in FAANG Stocks, Expert Claims ‘Their Achilles’
The boring market action in gold, a form of money that has protected against financial and societal chaos for all of recorded history, looks like… by John Rubino of Dollar Collapse The recent back-and-forth precious metals action has left a lot of people frustrated with both the metal and the “permabulls” in this space. Fair
Every week, subscribers of Cointelegraph’s Markets Pro data analytics platform receive a detailed breakdown of the top performers of the week and the VORTECS™ Score indicator’s performance in tracking potential bullish and bearish developments. Here are some of the highlights of the latest report: Axie Infinity Shard (AXS) recorded a new all-time high following a
Who Are Nordstrom’s (JWN) Main Competitors? Nordstrom (JWN) is a high-end retail sales department store offering fashion, shoes, and accessories for men, women, and children. A smaller portion of Nordstrom’s revenue is generated by the use of Nordstrom-branded VISA credit cards. The retailer brings these two business segments together by building customer loyalty and increasing
In this article SWX Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn on Tuesday announced a sizeable stake in Southwest Gas, and the activist investor is pushing the Las Vegas-based utility company to drop its rumored acquisition of natural gas company Questar Pipeline.
Facebook repeatedly chose to maximise online engagement instead of minimising harm to users, as it struggled to retain staff and younger users, a whistleblower told Congress on Tuesday. During testimony before the Senate commerce committee, Frances Haugen, a former Facebook employee, described how the company prioritised social interaction on its platforms, even when those interactions
How serious a threat to the Chinese economy might the difficulties of Evergrande, the world’s most heavily indebted property company, and now Fantasia, become? The answer is not that China will experience a devastating financial crisis. It is rather that the economy’s dependence on demand from investment in real estate must end. That will impose
As large wealth managers aim to reach clients historically excluded from financial services, a financial advisor teamed up with an academic researcher to look into the most common planning questions among affluent Blackhouseholds. More than 80% of the 115 clients of Keith Beverly’s Washington, D.C.-based RIA, Grid 202 Partners, identify as African American, and the
Technology shares have been in a perfect storm in the last couple of weeks, fueled by rising bond yields, regulation concerns, and geopolitical events that have raised investor anxiety. The storm will pass, and technology shares will resume the leadership they have enjoyed on Wall Street in the last 18 months. Rising Treasury Bond Yields
In this article SWX NKE NFLX Seen through a store window, a Nike employee stands in the entryway of the Nike SoHo store in New York City. Drew Angerer | Getty Images Check out the companies making headlines in midday trading. Facebook, Amazon, Apple – Shares of major technology companies led Tuesday’s market rebound. Facebook shares rose
Sharing is Caring! by Michael Snyder Where were you when Facebook and Instagram went down for six hours? For many Internet addicts, the trauma of the “mini apocalypse” that Facebook and Instagram experienced on Monday will linger for quite some time to come. Millions of users suddenly cried out in terror when they tried to
When we look at the many ways that COVID-19 has impacted our homes and lives, cooking and nutrition have to be included. “Since the start of the pandemic, virtually all appliances have been relied on to keep families nourished and healthy,” observes Jill Notini, vice president and industry spokesperson for the Association of Home Appliance
Even in the current low interest rate environment, mortgage payments are becoming increasingly unaffordable for the median American family, according to a report from the Federal Reserve Bank of Atlanta. A median-income household would need to spend 32.6% of its yearly income on a median-priced home, the Atlanta Fed reported. And the median existing home
Bank of America’s Global Research has begun covering crypto, debuting with a report stating that “digital assets are too large to ignore.” Noting that digital assets are “creating a whole ecosystem of new companies, new opportunities, and new applications,” the bank said, “This is growing, this is mainstream, and it’s not just bitcoin.” Bank of
Today’s column addresses questions about whether and how public pensions could affect survivor’s benefits, the merits of delaying until 70 to file if possible and whether spousal benefits are available after long term separation. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See
WASHINGTON — Sen. Elizabeth Warren sought to tie the controversy over trading by senior Federal Reserve officials with her opposition to another term for Fed Chair Jerome Powell. Last month, Eric Rosengren and Robert Kaplan announced their resignations as heads of the Federal Reserve banks of Boston and Dallas, respectively, over scrutiny of trades they
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) - Gold and silver prices are weaker in early U.S. trading Tuesday, following modest overnight rebounds in the U.S. stock indexes. The
Everything is in the process of breaking down. Food production, trucking, health services, millions… Clif High interviewed on USA Watchdog by Greg Hunter Clif High is an Internet data mining expert who has many well-documented correct forecasts. He predicted that Bitcoin would rise to $64,000 (it did) when it was less than $10 per unit.
- « Previous Page
- 1
- …
- 35
- 36
- 37
- 38
- 39
- …
- 43
- Next Page »