In this article COTY ZM MRK DIS RIDE WFC Check out the companies making headlines before the bell: Merck (MRK) – Merck shares surged 7.5% in the premarket after it announced that its experimental Covid-19 pill cut the risk of death and hospitalization by 50% in a late-stage study. Merck plans to file for emergency
Month: October 2021
Living amongst natural beauty is no longer just for ascetics in cabins—luxury housing options are popping in nature-adjacent towns all over the country from Northern California to western Colorado to South Carolina. The increase comes as more Americans seek alternatives to the fast-paced lifestyles of big cities and long for the tranquility of smaller cities
Argo Blockchain, a London-based cryptocurrency mining company, has announced an expansion of its mining capacity that will more than double its current hashrate. The expansion will be done through the acquisition of 20,000 S19J Pro bitcoin miners from Bitmain, which will be delivered in several installments. These miners will populate the facility the company plans
By Nancy J. Altman, Next Avenue When people think of paid family and medical leave, they often think of parents taking time off to bond with their newborns. As important as that is, an often-overlooked group that also urgently needs a robust system of paid leave is older Americans — even those who are retired. Congress
Michigan entered fiscal 2022 Friday with a new budget director and a $70 billion budget after Gov. Gretchen Whitmer signed the final pieces that were negotiated with lawmakers amid a flood of federal relief and surging state tax revenues. On Thursday, Whitmer named Christopher Harkins, director of the Michigan Senate Fiscal Agency, to replace outgoing
Horizonte Minerals (TSX: HZM) announced yesterday it had secured a project finance facility of up to $346.2 million to fund the construction and development of its Araguaia ferro-nickel project. The project is located south of the Carajás Mining District in the Pará State, north Brazil. The company said that its feasibility study shows an open
This is not going to end well… by Dave Kranzler of Investment Research Dynamics “There was a complete rout of net favorable views of buying conditions: household durables fell to the lowest level since 1980, vehicles fell to the lowest level since 1974, and homes to the lowest level since 1982. These record drops were
Airdrops have become the cryptocurrency ecosystem’s equivalent of stimulus checks over the past couple of years and further proof of this can be evidenced from popular protocols like Uniswap and dYdX which rewarded their early adopters with token drops that are now worth $30,000 to $2 million. The latest protocol to surprise its userbase with
I’m seeing a lot of artificial influences on the economy right now, including low interest rates and the statements made by Fed officials and various politicians. It can be hard to keep track of all that noise, not to mention the company-specific specific news that may affect the investments in your portfolio. It’s for that
Billionaire American businessman Jeff Bezos walks with Blue Origin’s President and CEO Bob Smith after Bezos flew on the company’s inaugural flight to the edge of space, in the nearby town of Van Horn, Texas, U.S. July 20, 2021. Joe Skipper | Reuters Jeff Bezos’ Blue Origin is suffering from an elevated turnover rate, CNBC
Joe Biden insisted that Democrats would pass his ambitious domestic spending agenda despite internal party feuding that has stymied its passage through Congress, saying “we’re going to get this done” after a rare Capitol Hill visit to lobby lawmakers. Biden’s party is split over the two pillars of a sweeping legislative agenda on which he
A retired general has been drafted in to shake up the leadership of the NHS and social care in England as the government seeks to wring value for money from billions to be raised from a new health and social care levy. General Sir Gordon Messenger, former vice-chief of the defence staff, will launch the
Though it’s a difficult conversation to have, families and caregivers should plan ahead for the financial burden of long-term and end-of-life-care, especially for older clients and those with diagnoses like dementia or ALS, Dr. Carolyn McClanahan, a physician and financial advisor, told an audience at the Morningstar Investment Conference in late September. For clients who
For the second time this year, Roku (ROKU) stock has suffered a bear market sell-off, with a peak-to-trough decline of 34.9%. For investors in the streaming hardware firm, it’s been nothing short of a turbulent ride. Roku is still likely in the early stages of its growth story. Its second quarter, however, revealed growth that
In this article DIS REGN UAL LUV PENN Check out the companies making headlines in midday trading. Merck — Shares surged more than 9% after it announced its new antiviral pill cut the risk of death or hospitalization by 50% for Covid patients. The pharmaceutical company plans to file for emergency use authorization. Moderna, Regeneron —
A new analysis by property analytics provider CoreLogic shows that nearly three-in-four loans (1.2 million loans) in forbearance reached the 18-month maximum limit as of the end of September. Forbearance is when a mortgage servicer or lender allows a borrower to pause or reduce mortgage payments for a limited time while the homeowner regains financial
On September 30, the Italian luxury fashion house Dolce & Gabbana sold an NFT collection for $5.7 million or 1,885 ether. The designers’ Collezione Genesi collection was sold via the platform UNXD, a Polygon network-powered marketplace. Dolce and Gabbana’s Collezione Genesi Rakes in 1,885 Ether Dolce and Gabbana’s first-ever non-fungible-token (NFT) drop, Collezione Genesi raked
By Kerri Fivecoat-Campbell, Next Avenue In August, while checking her email, Deb (she prefers not to reveal her last name) was alarmed to read one she received that looked like it came from the online payment company PayPal PYPL . It said someone had accessed her PayPal account and taken $500 from her linked bank account.
The municipal secondary was quiet after a volatile week that moved municipal rates higher and ratios into a range that investors say are a more satisfactory level to engage in the asset class following months of stagnant rates. Triple-A benchmarks were little changed Friday while U.S. Treasuries ended the week at lower yields — sub
[embedded content] (Kitco News) - An asset that “came along for the ride” during a transaction is now a sizeable economic moat for a battery metals junior. First Cobalt’s CEO Trent Mell spoke to Kitco last week from the company’s refinery in Ontario. Popularized by Warren Buffett, economic moats are any factor that provides a business
If the conspiracy theory that the alleged cartel, the bullion banks and/or central banks, sold silver futures in mass quantity were true… by Keith Weiner of Monetary-Metals The price of silver dropped a dollar, or over 4% on Wednesday. Some voices in the precious metals press want you to think that there is only one
The month of September stayed true to its billing as a historically weak period for cryptocurrencies. Bitcoin (BTC) closed the month with a loss of about 7%. However, October may bring cheer to the bulls because Bitcoin has risen in six of the past eight years, falling only in 2018 and 2014. The bulls started
Monday, Oct. 19, 1987 is known as Black Monday. On that day, stockbrokers in New York, London, Hong Kong, Berlin, Tokyo and just about any other city with an exchange stared at the figures running across their displays with a growing sense of dread. A financial strut had buckled, and the strain brought world markets
The political fight over the US debt ceiling spilled into the $22tn Treasury market for the first time on Friday, as investors dumped short-term bills that mature around the time the US could run out of cash. The yield on Treasury bills that mature on October 21, three days after the date by which Treasury
Wall Street stock markets nudged lower after closing September with the worst monthly performance since the coronavirus-induced rout of March 2020. The blue-chip S&P 500 index slipped 0.2 per cent, after dropping almost 5 per cent last month, pushed lower by concerns about economic stagflation and US monetary policy, surging energy prices and risks of
The Biden administration’s tax proposal to treat certain transfers as income tax realization events would create significant administrative issues for individual taxpayers and their financial advisors. If enacted, taxpayers will need to track — and prove — their tax basis in assets they gift during their lives or transfer at death and clients will expect
Consumer-direct eyewear specialist Warby Parker (WRBY) made a splash on its first day on the New York Stock Exchange. The company saw a massive surge in its first morning trading on Wednesday. Before the end of the day, the stock was up over 30% from its initial asking price. Let’s settle in and take a
A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, August 9, 2021. Andrew Kelly | Reuters October may have a bad reputation, but the fourth quarter has mostly been a positive time for stocks. Despite worries about central bank tightening, the debt ceiling, Chinese developer Evergrande, and
Sharing is Caring! Below, we look at The hidden bankruptcy of the US in the wake of even more inflationary forces confirmed by cost-of-living-adjustments, Uncle Sam’s interest expenses, objectively unloved Treasuries and a roaring as well as convenient COVID narrative. Math vs. Double-Speak Given the fact that just about everything coming out of the mouths of debt-cornered policy makers requires
New York City’s third quarter 2021 market came in like a lion and continued roaring throughout much of the summer. The lion, however, did take a nap during the final weeks of August, and remained drowsy throughout most of September. But now that lion is waking up again. He’s still hungry — and game is