The valuation of cryptocurrencies has increased dramatically in the past 12 months, as has their adoption by investors around the world — individuals as well as institutions. Until a few years ago, most retail investors would have required the use of a broker or investment professional to handle their investments. Today, consumers flock to apps
Month: November 2021
SEC Chair Gary Gensler has assigned his team the difficult task of assessing how data analytics are used by an industry already concerned about regulatory overreach. In a virtual session at the annual meeting of the Securities Industry and Financial Markets Association, Gensler pointed out that members of the trade group representing brokerages, investment banks
Analysts have been eager to weigh in on the Financial sector with new ratings on Capital Southwest (CSWC – Research Report), Regional Management (RM – Research Report) and Tpg Re Finance (TRTX – Research Report). Capital Southwest (CSWC) JMP Securities analyst Devin Ryan maintained a Buy rating on Capital Southwest yesterday and set a price
Federal Reserve Chairman Jerome Powell testifies during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the Hart Senate Office Building in Washington, DC, U.S., September 28, 2021. Kevin Dietsch | Reuters This week, the Federal Reserve is widely expected to announce the unwinding of its monthly bond-buying program –
Sharing is Caring! by Michael Snyder Even in the best of years we struggle to feed everyone in the world, and the last two years have definitely not been the best of years. Global weather patterns have gone completely nuts, major natural disasters are happening with alarming frequency, and the COVID pandemic has played havoc
Chipper Cash was founded in 2018 as way of providing no-fee, peer-to-peer cross-border payment services for Africans. Its services are used across Ghana, Uganda, Nigeria, Tanzania, Rwanda, South Africa and Kenya, and recently expanded to provide people in the U.K. and the U.S. with the ability to send money to Chipper’s African markets.
Real estate sellers care about two things: How much they can get for their property, and how long it will take to get it. Buyers, on the other hand, care about discounts: How low will a seller go? These questions are united by a simple measure: time. For instance, a look at the average listing
The billionaire behind one of the UAE’s biggest property developers is taking the company he founded private, saying Dubai’s nascent real estate rebound is here to stay. “Amazing,” Damac Properties founder Hussain Sajwani said on Monday when asked to describe the recovery in Dubai’s bust-to-boom property sector, which is on an upswing after years of
Coinbase is acquiring an AI-powered support platform Agara in an effort to deliver “world-class support for customers.” The exchange explained that “Through this acquisition, we’ll be able to provide our customers with new personalized, intelligent, and real-time support options.” The acquisition also reconfirms Coinbase’s strategy to build out its tech hub in India. Coinbase to
Today’s Social Security column addresses questions about retirement benefit rates and whether they can be increased, what people could be referring to by the term “spousal bump” and when Social Security might review disability status. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc.
President Joe Biden said he’ll announce soon his choice of nominees for chair and other vacancies on the Federal Reserve, amid a scandal over stock trades by central bank officials. “We’ll be making those announcements fairly quickly,” he said Tuesday at a press conference at a climate summit in Glasgow, Scotland. President Joe Biden said
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) – The Federal Reserve is on the cusp of shifting its monetary policies, but it won’t be enough to stop the
“…biggest institutional and retail surge into the metals in the history of…” by Stewart Thomson of Graceland Updates Nov 2, 2021 1. From 2008 to 2020, America’s bankers and government could tell a lot of fabulous “mightiest fiat nation of all time” stories to the citizens, and the citizens believed most of these stories. 2. Please click here
During bull markets, altcoins tend to accrue gains when Bitcoin price consolidates and at they run in tandem with BTC price during breakouts. This dynamic appears to be at play today because multiple altcoins went parabolic at the same time that BTC made a run at $64,000 and Ether (ETH) hit a new all-time high
It is important for everyone to reset their personal finances and their goals for the New Year. Did you make any resolutions concerning your personal finances last January? If so, how did you do? Did you attain your goals or miss the mark? While the days leading up to New Year’s Eve are often spent reflecting
In this article CAR A customer boards an Avis Budget Group Inc. shuttle bus at the Denver International Airport (DEN) in Denver, Colorado, U.S., on Wednesday, Oct. 28, 2015. Luke Sharrett | Bloomberg | Getty Images Car rental stock Avis Budget surged Tuesday after the company reported a stronger-than-expected third quarter that sparked massive trading
Democrats have reached an agreement on a package of measures to reduce drug prices that would result in the US government negotiating directly with pharmaceutical companies over pricing for the first time. Chuck Schumer, the Senate majority leader, announced on Tuesday that he and his colleagues had agreed to a range of measures designed to
More than 100 global leaders committed on Tuesday to halt deforestation by 2030, while 30 financial institutions promised to eliminate the harmful practice from their portfolios by 2025. In what is being billed as one of the first significant steps of the COP26 summit in Glasgow, leaders from countries that are home to more than
Vestwell is moving beyond workplace retirement programs and into college savings. The digital recordkeeping startup — and one of Financial Planning’s best fintechs to work for — plans to acquire Sumday, a BNY Mellon subsidiary that manages and administers 529 college savings, 529A ABLE accounts and state-sponsored savings programs. Terms of the deal were not
In this article BBBY ZG The Lyft logo is seen on electric bicycles in Oakland, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell Tuesday: Bed Bath & Beyond — Bed Bath & Beyond shares soared 74% after the company announced various strategic changes to speed
Sharing is Caring! by confoundedinterest17 Yes, home prices are still growing at a super-hot pace of 18%, according to Corelogic. But the forecast for home price growth is for 1.9% YoY in 2022. As home price growth crashes back to earth as wages don’t keep pace with home prices. Home prices have been growing in most states
“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Dark Crazed
The Berman Buckskin Ranch in low-key Placerville, Colorado, has had no shortage of high-stakes owners. The glass, wood and stone main house was originally designed for Academy Award-winning writer and director Oliver Stone and later re-envisioned by Lyle Berman. The professional poker player and business executive got his start working at his dad’s leather business, for whom
3715 S. Ocean Blvd in Highland Beach is a three level storm-proof fortress elevated on pilings and constructed of poured concrete and storm-proof glass. Daniel Petroni A waterfront megahome in Highland Beach has sold twice this year, and each time it has raised the bar for for this South Florida town, which has become one
On November 2, 2021, the Ethereum network’s global hashrate tapped an all-time high (ATH) at 873 terahash per second (TH/s) or close to 1 petahash. Alongside Ethereum’s ATH, a myriad of hashrates have returned back to the highs the network’s once held before the crypto mining crackdown in China. Hashrates Return Following China’s Crypto Mining
In August 2019, the Centers for Medicare and Medicaid Services (CMS) completely revamped the Plan Finder. A promotional video said the new design would make it easier to learn about and compare coverage options and select the best plan. In a press release, the CMS Administrator at that time said, “Try it out and let us know what
Municipal market provisions booted out of the Build Back Better bill last week remain important but “compromises had to be made,” House Ways and Means Committee Chair Richard Neal said Tuesday. Neal’s comments came during remarks at the Securities Industry and Financial Markets Association’s annual meeting. “I tried my best to guard these provisions in
Reuters Dollar ticks lower with Fed policy decision in focus The dollar eased versus its main rivals on Monday, after posting its biggest daily rise in more than four months in the previous session, as traders position themselves ahead of this week’s highly anticipated U.S. Federal Reserve policy meeting. Monetary policy in the United States,
The precious metals’ market has been out of favor for over a year, and it is in the early stages of potentially starting to become a… by Chris Vermeulen of The Technical Traders In this week’s trader tip, Chris went over Silver’s charts and its potential strong-looking pattern. The Precious Metals market has been out
Shares of crypto miners, which have the highest correlation to the bitcoin price, started November on a bullish tone, tracking gains in the price of the largest cryptocurrency. Bitcoin climbed above $64,000 on Nov. 2, after exiting October near $60,000 levels. Ether, the native token of Ethereum, also rallied to an all-time-high above $4,500.