Month: February 2022

CEO Rafal Modrzewski inspects some of the company’s satellite hardware. ICEYE Finnish satellite-imagery venture ICEYE has raised $136 million in new funds, the company announced on Thursday, as it looks to add to its spacecraft fleet in orbit and further develop its product line in natural catastrophe detection. The latest round of venture capital fundraising,
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A California man accused of conning elderly clients out of millions while acting as an investment advisor is now facing a host of charges from state and federal authorities. This week, Jeffrey Santulan and his company, Safeguard Metals LLC, became the target of enforcement actions by the SEC, the Commodity Futures Trading Commission and 27
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Grayscale Investments has launched its first exchange-traded fund (ETF). The Grayscale Future of Finance ETF “seeks to invest in the companies and technologies shaping the ‘future of finance.’” Grayscale’s First ETF Grayscale Investments, the world’s largest digital currency asset manager, announced Wednesday the launch of its first exchange-traded fund (ETF) called Grayscale Future of Finance
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Today’s Social Security column addresses questions about taking spousal benefits early before delayed retirement benefits, whether conversion to childhood disability benefits is automatic and switching to spousal benefits after taking early retirement benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See more
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Municipals were stronger on Thursday with yields falling another two to five basis points on triple-A yield curves and new-issues fared well while Refinitiv Lipper reported $2.9 billion of outflows, marking the largest negative flows in nearly two years. The last time outflows were above $2 billion was on April 8, 2020 when they hit
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The basic financial skills American adults need in order to succeed in life aren’t often taught in a classroom. For many people, there are no lesson plans and no standards for minimum financial literacy. They are just sent out into a world overflowing with opportunities to get into debt. At best, their financial sensibilities may
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Ken Griffin, Founder and CEO, Citadel Mike Blake | Reuters Billionaire investor Ken Griffin’s hedge funds scored gains in January despite the tech rout that crushed the market, as the spike in volatility and steep sell-off in growth stocks created an ideal environment for fast-money traders. Citadel’s multistrategy flagship fund Wellington increased 4.71% last month,
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In 2000, the International Association for Financial Planning and the Institute for Certified Financial Planners merged to form the Financial Planning Association (FPA) to unify the financial planning community and advance the profession by focusing on the standards the CFP marks represent. Leaders of both groups embraced this purpose because they recognized that the marks
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What happens after a couple of rate hikes? Answer that, and you’ll find a time table for gold prices in…  by Craig Hemke via Sprott Money News That is the question. Oh sure, The Fed may attempt to hike the fed funds rate as soon as next month. They may even attempt another hike in
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Microsoft Corporation (NYSE: MSFT) was formed in 1975 by Bill Gates and Paul Allen, as they rushed to create an operating system for the Altair 8800 microcomputer. The Altair 8800 was arguably the first microcomputer that kicked off the computer revolution, and with it came Altair Basic, a licensed version of Microsoft Basic. Microsoft Basic
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