Attorney Sidney Powell looks at attorney L. Lin Wood as he speaks during a press conference on election results in Alpharetta, Georgia, December 2, 2020. Elijah Nouvelage | Reuters A lawyer allied with former President Donald Trump hosted numerous conspiracy theorists looking to overturn the results of the 2020 election at his South Carolina plantations,
Month: December 2021
Nasdaq-listed Microstrategy has bought more bitcoin for its corporate treasury. The latest purchase for 1,914 coins has raised the company’s total cryptocurrency holdings to 124,391 bitcoins. CEO Michael Saylor recently said that he expects the price of the cryptocurrency to eventually reach $6 million. Microstrategy Has Purchased More Bitcoin The pro-bitcoin Nasdaq-listed company Microstrategy has
Today’s Social Security column addresses questions about how income earned after previous earnings are inflation indexed at 62 affect how benefits rates are calculated, recalculation of WEP reductions due to substantial covered earnings and the family maximum benefit. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
Municipals ended 2021 little changed and lightly traded. U.S. Treasuries pared back losses and equities saw modest gains. Municipal bond mutual fund inflows hit $1.2 billion in the last reporting week of the year. Refinitiv MMD saw a basis point bump on bonds in 2029 but were largely unchanged otherwise on all triple-A benchmarks. Ratios
Welcome to Kitco News’ 2022 outlook series. The new year will be filled with uncertainty as the Federal Reserve looks to pivot and tighten its monetary policies. At the same time, the inflation threat continues to grow, which means real rates will remain in low to negative territory. Stay tuned to Kitco News to learn
Real estate prices are falling, many industries are announcing that they will fire up to 30% of their work forces soon and Chinese retail investors… by Jason Burack of Wall St For Main St Real estate prices are falling, many industries are announcing that they will fire up to 30% of their work forces soon
What Is Venmo? Venmo has emerged as one of the most popular apps for electronically transferring funds from one party to another. Its explosive growth is largely driven by millennials, who even use its name as a verb, as in: “I’ll Venmo you for the food.” Venmo was originally created by Iqram Magdon-Ismail and Andrew
Global mergers and acquisitions for 2021 have soared to their highest levels since records began more than four decades ago, thanks in part to booming markets and widespread stimulus measures. Deals worth more than $5.8tn were agreed worldwide this year, according to figures from Refinitiv, a 64 per cent rise from last year and the
US stocks slid later in the afternoon on Thursday, as investors trading during the holiday period digested fresh employment data and contemplated the outlook for the year ahead. Wall Street’s blue-chip S&P 500 index had risen as much as 0.3 per cent earlier in the trading day, after inching up 0.1 per cent to a
While the world of wealth management is one of mergers, acquisitions and celebrating growing AUM totals, it is also one that occasionally includes client deception, federal indictments and criminal behavior. The past 12 months have seen several new allegations brought to light, as well as a number of lingering cases finally reaching resolution after years
A pedestrian walks past Biogen Inc. headquarters in Cambridge, Massachusetts, on Monday, June 7, 2021. Adam Glanzman | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Biogen — Shares of Biogen slid more than 7% after Samsung denied a report in South Korean media that it was in talks to
Sharing is Caring! by confoundedinterest17 It has been almost a year since Joe Biden has been President of the United States and a Democrat majority took control of The House and Senate. And what has happened to the US Treasury yield curve slope over the past year? The yield curve is back where it started.
Bitcoin (BTC) looks set to beat its forked versions Bitcoin Cash (BCH) and Bitcoin SV (BSV) in terms of price-performance in 2021, market data shows. Notably, BTC’s year-to-date (YTD) returns sat near 60% at press time as its price wobbled near $47,500. In comparison, BCH rallied a little over 26% to $435.50, while the BSV
Telluride, Colorado, is a Rocky Mountain gem. A world-class ski resort with luxury real estate, the historic former mining town is surrounded by the towering 13,000-foot mountain peaks of the San Juan Mountains, measures about one square mile and has a population of about 2,500. Located in southwestern Colorado, Telluride has its own distinctive four-season
2021 has been a bullish year for crypto assets. While prices have risen a great deal, the top ten and top twenty rankings in terms of market capitalization have also changed significantly. A great number of coins have either been pushed down or have entered the crypto economy’s top positions in terms of overall market
Several positive economic developments characterized 2021. The economy is on the mend from its steep decline and massive job losses at the beginning of the pandemic. But, a lot of work remains to be done to maintain economic momentum and build a truly inclusive economy. There are already signs of hope for a stronger, more
A majority of municipal market participants say liquidity and equity are a top concern on a high-yield deal. Nearly 69% of respondents to a HilltopSecurities high-yield team survey ranked liquidity and equity as their first or second level of concern for 2022. “Our biggest takeaway from the survey is that there is ample appetite for
About Fresnillo plc Fresnillo plc is the world’s largest primary silver producer and Mexico’s largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES. Fresnillo plc has seven operating mines, all of them in Mexico – Fresnillo, Saucito, Ciénega (including the San Ramón satellite mine, Las Casas Rosario & Cluster
The short-term action is helping put “green shoots” on this gold chart… by Stewart Thomson of Graceland Updates 1. “Stay away from fiat money…. It’s fake money made of paper and lies.” – Ricardo Salinas Pliego, Chairman of Grupo Salinas, Dec 24, 2021. 2. Ricardo is one of Mexico’s most successful business owners, and a bitcoin enthusiast. I’m less
The maximum Social Security retirement benefit that you can receive depends on the age when you start collecting and your earnings history, among other factors. In 2022, the maximum is $3,240 per month for someone who files at full retirement age (FRA) at age 66. But $4,194 is the absolute highest benefit for those who
A new exchange is trying to make it easier to hedge against events in politics and other areas. Kalshi, a firm founded by Tarek Mansour and Luana Lopes Lara, was designated as a contract market by the Commodity Futures Trading Commission in late 2020 and officially launched in June. The exchanges offers binary, yes-or-no contracts
Jimmy Cayne, the irascible, iconoclastic and penultimate chief executive of the defunct investment bank Bear Stearns, has died aged 87 in Long Branch, New Jersey, after suffering complications from a stroke. He led the firm as a top executive for 22 years (including 15 as chief executive) through many of its greatest triumphs — among
Inflation itself proved to be one of the biggest price surprises of 2020. Energy costs supplied the push. In a particularly strong period for commodities, crude oil stood out. Yet even this rally pales beside European natural gas prices. In the UK, near-term costs have soared by roughly four times. What happens next depends on
Like many other industries, the world of wealth management has spent the past 12 months tackling diversity and inclusion (somewhat) head-on after generations of sidestepping the conversation. Built on promises by industry leaders in 2020 to provide opportunity and plant seeds for a more inclusive environment in the years to come, new initiatives were launched
In this article JNJ MU RRD DIDI JBLU BIIB Check out the companies making headlines before the bell: Biogen (BIIB) – Biogen slid 6.5% in the premarket after Samsung denied a report in the Korea Economic Daily publication that it was in talks to buy Biogen and combine it with its biotech unit. Biogen shares
Sharing is Caring! by laflammaster wax.atomichub.io/explorer/asset/1099592519590 wax.bloks.io/account/5yrb4s5lc.gm wax.bloks.io/account/5yrb4s5lc.gm wax.bloks.io/account/5yrb4s5lc.gm Disclaimer: This is a guest post and it doesn’t necessarily represent the views of IWB.
Major South Korean crypto exchanges including Upbit, Bithumb and Korbit will follow Coinone’s lead in banning transfers to non-verified wallets, industry analysts say. Yesterday Coinone announced that it would reject deposits from unverified private wallets starting Jan. 24 to reduce the risk of money laundering. All Korean exchanges, including Upbit, Bithumb, Korbit and 20 others,
From above it may look like a giant green oasis snaking along the flat top of a ridge, but this 120-acre Beverly Hills site just became a landing pad for $65 million. That’s what a property owned by a trust of the late Microsoft co-founder and philanthropist Paul Allen has garnered on L.A.’s Westside. “This
The number of cryptocurrency ATMs around the world has grown exponentially in 2021, with over 20,000 new installations made since last December. That’s more than the total of all crypto teller machines put into operation in the previous seven years. Close to 34,000 Crypto ATMs Available Globally ATM locations offering users options to buy and
The Pew Research Center recently reported that half of U.S. adults 55 and older are retired. While the number of retired Americans age 55 and older grew by about 1 million per year between 2008 and 2019, over the past two years, the number of new retirees grew by 3.5 million. The rise in household
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