I’m not going to lie: My palms were sweating, and I could feel the heat of the overhead lighting. I was about to lead a conversation with two finance industry veterans who almost need no introduction. To my right sat Jason Wenk, CEO at Altruist and a four-time founder who has successfully started and scaled
Month: January 2022
Sharing is Caring! by Charles Hugh-Smith What seemed so permanent for 13 long years will be revealed as shifting sand and what seemed so real for 13 long years will be revealed as illusion. Magical thinking isn’t optimism, it is folly. Predictions are hard, especially about the future, but let’s look at what we already
Although 2021 was a good year for the cryptocurrency industry in terms of market performance, the number of jurisdictions banning crypto has more than doubled since 2018. A report by the Library of Congress (LOC) details the nine jurisdictions that have now applied an absolute ban on crypto and the 42 with an implicit ban.
This past year was remarkable for its deal volume, but below the surface, several trends emerged which may be instructional heading into the new year. From a growing divide of luxury coops and condos, to townhouses finding a bid, to New York City investment metrics, the prodigious deal volume in 2021 backlit these trends with
In this article SIL-IN When Elon Musk unveiled the Tesla Solar Roof in 2016, it was the first that many people had heard of solar shingles. But the idea of a roofing product that can both generate energy and blend in with regular asphalt shingles has been around for decades. Companies from Dow Chemical Company
The U.S. Commodity Futures Trading Commission (CFTC) has ordered a “decentralized” prediction market platform to shut down non-compliant markets and pay a fine of $1.4 million. “Polymarket had been operating an illegal unregistered or non-designated facility for event-based binary options online trading contracts, known as ‘event markets,’” said the derivatives regulator. CFTC Takes First Crypto
It is the first work week of 2022 and 358 very special American workers already paid their Social Security taxes, or FICA (at least if 2020’s numbers are any guide). Because they make more than $50 million a year, they hit the Social Security cap sometime in the first working day of 2022. Some American
The U.S. Treasury market sold off in double-digits to start 2022 and equities were better on Monday while munis saw a softer tone, but most triple-A yield curves only saw a basis point cut in spots. Municipal to UST ratios fell on the moves in UST. The five-year was at 44%, 64% in 10 and
Anglo American (LON:AAL) said last week that it is holding preliminary discussions with Vale to jointly develop Vale’s Serpentina iron ore resource. Serpentina is contiguous to Anglo American’s integrated Minas-Rio iron ore operation in Brazil. Minas-Rio is an integrated iron ore operation with a mine, benefication plant, 529 km slurry pipeline and dedicated port facility,
A gold break above $1880 would go a long way to confirming that the bottom is… by David Brady via Sprott Money With little in the way of events over the holiday period, I’ll keep this week’s report brief… GOLD Gold is currently trading at 1815. If we close here, it’ll be a higher high
Buying a house is absolutely possible with bad credit, but it is harder and more expensive than buying a house with excellent credit. Before starting the homebuying process, you should consider why you want to be a homeowner. Homeownership has many large, unexpected costs that can be difficult to cover if your financial situation is
Apple has become the first company to hit a market capitalisation of $3tn, after its value rose by $1tn in less than 16 months as the coronavirus pandemic turbocharged Big Tech. The iPhone maker became a $1tn company in August 2018 and two years later became the first company to be valued at $2tn. On
The New York attorney-general has expanded her investigation into Donald Trump’s business empire, issuing subpoenas to the ex-president’s two eldest children in addition to the former property developer himself. Letitia James issued the subpoenas to Donald Trump, Ivanka Trump and Donald Trump Jr last month, according to court documents filed with the New York Supreme
Wall Street’s push to refill office towers across the country has been derailed again. This time it’s the highly transmissible omicron variant of the COVID-19 virus that’s forced executives to rethink their plans. A record 10 million people were diagnosed with COVID-19 in the seven days through Sunday, almost twice the pandemic’s previous weekly high,
In this article AMD NCLH RCL M WFC TSLA The logo marks the showroom and service center for the US automotive and energy company Tesla in Amsterdam on October 23, 2019. John Thys | AFP | Getty Images Check out the companies making headlines in midday trading. Tesla — Shares of the electric vehicle company
Sharing is Caring! Guest Post by Jeff Thomas via International Man Today, more than at any time previously, Westerners are justifying a move toward collectivist thinking with the phrase, “Capitalism has failed.” In response to this, conservative thinkers offer a knee-jerk reaction that collectivism has also had a dismal record of performance. Neither group tends to
Samsung Electronics America announced Monday at the CES Tech Conference in Las Vegas its partnership with veritree, a blockchain-based climate solutions platform, to plant two million mangrove trees in Madagascar over the next three months. veritree uses blockchain technology to manage the reforestation process and verify each tree that is planted. The tree-planting initiative is
The 2021 real estate market took New York by surprise. Once again, those pundits who predicted the demise of the city turned out to be wrong, as 2021 developed into one of the most robust sales and rental years within memory. Manhattan proved especially resilient in the luxury new development market, where sales topped all
U.S. inflation is red hot and a number of analysts and economists are predicting America will face further economic issues as politicians and the Biden administration blame corporations. This perspective on rising inflation has led finance authors like Isabella Weber to believe that price controls could ease America’s economic burdens. Biden Administration Blames Inflation on
Is it possible that Congress will do nothing to improve long-term services and supports for older adults and younger people with disabilities or assist their families? Even after 603,000 people over age 65 were killed by Covid-19 in the past two years. Yes, it is possible. The House version of President Biden’s Build Back Better
FactSet has reached a deal with S&P Global to buy CUSIP Global Services for $1.925 billion in cash, helping expand its role in the global capital markets and advancing its open data strategy. FactSet, a global provider of integrated financial information and analytical solutions located in Norwalk, Connecticut, will become the CUSIP system’s second operator
KATHMANDU, Jan 3: The price of gold in the Nepali market dropped by Rs 300 per tola on Monday. The price of the yellow metal in the domestic market has been fixed at Rs 93,100 per tola. Gold was traded at Rs 93,400 per tola on Sunday. According to the Federation of Nepal Gold and
“…better earnings for producers and more choices and affordable prices for consumers…” ***** Half Dollar‘s Note: Thinking people may want to check out a recent Silver Doctors podcast with a Kansas Wheat Farmer. ***** A January 3, 2022 Biden Administration FACT SHEET, pasted in its entirety below and presented with no further comment (from whitehouse.gov):
As of today, January 3, 2022, the 10-year fixed mortgage rate is 2.54%, 10/1 ARM is 2.46% and 10/6 ARM is 4.06%. These rates are not the teaser rates you may see advertised online and based on our methodology should be more representative of what customers could expect to be quoted depending on their qualifications.
Tesla shares surged on Monday after the electric-car maker smashed its own production and delivery records in the final months of last year. The company shrugged off supply chain problems and other issues to hand customers the keys to more than 308,000 vehicles in the fourth quarter, sending its stock up as much as 10
In the depths of another challenging winter, it is tempting to seek out listening that reminds us of better times. Or if not better, just different. The series One Year, from US online magazine Slate, revisits past events and the human stories behind them. As the title suggests, each season focuses on a single year,
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla surged 7.4% in the premarket following news that it delivered 308,600 vehicles during the fourth quarter, well above the consensus estimate of 263,026. The quarter’s deliveries were 70% above year-ago levels and about 30% higher than the prior quarter.
The Bank of Jamaica (BoJ) has successfully completed its first central bank digital currency (CBDC), targeting a national rollout in the first quarter of 2022. After proceeding with initial CBDC prototype testing in March 2021, Jamaica’s central bank finished an eight-month-long pilot last Friday, the Jamaica Information Service reported. As part of the pilot, the
Affluence is nothing new to the town of Paradise Valley, Arizona. For decades, this small suburb of Phoenix has been the most expensive ZIP Code in Arizona, with residents the likes of the Kellogg family, Michael Phelps and Muhammad Ali. But even for a town that former U.S. Vice President Dan Quayle, Mike Tyson and
Yosuke Matsuda, president of Square Enix, a leading game developing company, has voiced his opinion about the rise of new technologies and trends like NFTs, blockchain gaming, and the metaverse concept in the gaming space. Matsuda explains the business strategy around these, detailing how Square Enix is moving to include them in their upcoming games.