A case in Arkansas involving two brokerages resulted in an $18 million arbitration award to the firm claiming it was raided. It may be a sign of things to come, according to a compliance expert. Stephens Inc., based in Little Rock, accused Benjamin F. Edwards & Co., a regional rival, of poaching four of the
Month: February 2022
In this article @W.1 Armored personnel carrier (APC) of the 92nd separate mechanized brigade of Ukrainian Armed Forces move to park in their base near Klugino-Bashkirivka village, in the Kharkiv region on January 31, 2022. Sergey Bobok | AFP | Getty Images The highly unpredictable nature of Russia’s threat against Ukraine has rippled across financial
Sharing is Caring! By Michael Lebowitz A week before the January 26th Fed policy meeting we asked Instability or Inflation, Which Will The Fed Choose? Liquidity is the lifeline of markets, and the Fed, directly and indirectly, manages its flow via QE and zero rates. With inflation raging, the pandemic subsiding, and economic activity normalizing, the Fed
Operator-led venture capital firms Velvet Sea Ventures and 01 Advisors invested $100 million into Pixel Vault, a large nonfungible token collection of superheroes, to jointly launch the rebranded multi-franchise nonfungible token (NFT) entertainment company, Pixel Vault Inc. According to Pixel Vault, the aim of the new venture is to leverage NFTs and intellectual property to
The bathroom is a very intimate place. In the very contradictory world of sexy technology countering the fear of hyper surveillance, the bathroom seems like the last and final place for the internet of things to hang its towel. So, it’s rare for homeowners to chat about what happens between the four walls of the
Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted figure amounts to over a tenth of the global holdings and may serve as an impetus for the government to regulate Russia’s crypto market rather than outlaw it. Estimated 12% of Crypto Allegedly Held by
Most people aren’t very excited to read an article about taxes. Unless, of course, that article describes how they may be able to pay up to $20,000 per year less than they otherwise would have to pay. This may be one of those articles. As you might imagine, as the CEO of Best Mexico Movers,
Automated vehicles are more than just a transportation issue for cities and states, and could mean declining transportation revenue and increased sprawl and congestion. Those are some of the possible “cascading” impacts on communities brought about by the rise of driverless vehicles in the future, according to Nico Larco, director of the Urbanism Next Center
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) - Gold and silver futures prices a bit higher again in early U.S. trading Wednesday, on continued short covering and perceived bargain
We are being warned that this is going to have a catastrophic impact on food production. This is going to affect every person on the entire planet… by Michael Snyder of The Economic Collapse Blog I am going to try to make as much noise about this crisis as I can, because we have never
If you are a Canadian citizen but you live and work in the United States, then you may not contribute to a registered retirement savings plan (RRSP) account. RRSP contribution rules allow you to contribute a certain percentage of your earned income to your account. But because you are employed and reside in the U.S.,
In this article MSTR BTC.CM= Tighter government crypto regulations would actually be a positive catalyst for bitcoin, MicroStrategy co-founder and CEO Michael Saylor told CNBC on Wednesday. “Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and accelerate institutional adoption of that asset,” Saylor said on “Squawk on the Street,” stressing as
A Northern Ireland minister has ordered a halt to post-Brexit customs checks on agriculture-related goods in the most concrete defiance to date of trading rules put in place when the UK left the EU a year ago. Edwin Poots, the agriculture minister, announced his decision in Belfast on Wednesday after taking legal advice which he
More than two years after Boris Johnson came to power with a promise to “level up” the UK, his government published a policy prospectus on Wednesday on which it intends to be judged by voters at the next general election and beyond. In a 332-page document delivered by Michael Gove, the levelling up minister, the
In the recent market tumult, the largest ESG-focused exchange-traded funds in the U.S. are again showing that they are little more than market-trackers — with even worse performance. The iShares ESG Aware MSCI USA (ticker ESGU), which claims to invest in U.S. companies with positive environmental, social and governance characteristics, has dropped 5.3% since the
In this article PYPL BSX CPRI The Google logo seen at the entrance to Google Cloud campus in Seattle. Toby Scott | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday. Alphabet – Shares of Alphabet popped 8.6% after the Google parent posted blowout quarterly results and
Sharing is Caring! by Michael Snyder The United States and Russia are on a collision course. Unfortunately, the guys running the show in both countries are not exactly sane, and they deeply, deeply distrust one another. So what happens when a bunch of lunatics decide to play a game of chicken with the fate of
The head of the Central Board of Direct Taxes (CBDT) in India said the recent announcement of a 30% tax on crypto holdings doesn’t necessarily make the crypto trade legal in India. The finance minister of India announced a 30% tax on crypto holdings during the budget session on Feb. 1, triggering several headlines on
Stories of property values increasing by 5,000% over the last fifty years are not uncommon in states like California—in 1970, the statewide average home price was $24,300 and is as of early this year just under $800,000. Nevertheless, it is still shocking to hear of price increases like that of a recently listed home in
A real estate agent stands in the doorway as Giovani and Nicole Quiroz of Brooklyn, New York visit an open house in West Hempstead, New York. Raychel Brightman | Newsday LLC | Newsday | Getty Images Mortgage rates continued to surge higher last week, and that brought borrowers out of the woodwork, looking to refinance.
Blockchain is among six emerging technologies that will be prioritized by the Kingdom of Saudi Arabia (KSA)’s IT decision makers in 2022 and beyond, according to a recent study. Effect of Covid-19 The government of Saudi Arabia’s IT decision makers have named blockchain as one of the six technologies they plan to prioritize in 2022
Starting the new year off with a strong, strategic financial plan to kickstart your financial goals for the next 12 months can have a lasting impact on your future beyond 2022. This, of course, includes the ever-important consideration of retirement planning. Luckily, recent legislative changes have increased contribution limits for the 401(k), as well as
Triple-A benchmark yields were little changed on the shorter end of the curve, while bonds outside of five years saw the first bumps of substance in 2022 to begin the new month. Treasuries were softer to close the session, while equities rebounded to end in the black. The municipal to UST ratio five-year was at
By Asha Sistla (Reuters) – Gold steadied around the important $1,800 level on Wednesday as a pullback in the U.S. dollar and Treasury yields cushioned a jump in investor appetite for riskier assets. Spot gold was last up 0.1% at $1,802.72 per ounce at 1037 GMT. U.S. gold futures GCv1 gained 0.1% to $1,802.90. “Gold
It is a very real threat with potentially disastrous consequences. And, no one seems to be talking about it… By Matt from Silver Fortune via Silver Fortune This threat to the global economy may not be the greatest threat, but it is a very real threat with potentially disastrous consequences. And, no one seems to
General Electric Co. (GE) is a global industrial company that provides power generation, renewable energy, industrial aviation products, and healthcare products and services. The company also offers financial products and services. GE serves customers in 130 countries and has manufacturing and service operations globally. GE operates in industries that require continual investment in research and
The head of Vodafone has hit back against suggestions that the telecom group’s strategy over the past year had been shaped by activist investor Cevian Capital, which has built a stake in the company with the aim of shaking up the business and improving lacklustre shareholder returns. Chief executive Nick Read said that looking for
Boris Johnson is preparing to announce measures to contain soaring energy bills, with a package that could reduce the cost by £200 per household and give extra help to vulnerable people. The UK prime minister wants to unveil the plan to help tackle the cost of living crisis to coincide with an announcement on Thursday
Dealmaking in the wealth management industry chalked up another record in 2021, the ninth straight year with a high-water mark, and private equity capital drove the activity, according to a report by the investment bank Echelon Partners. There were 307 deals in 2021, a jump of almost 50% from the 205 deals recorded in 2020.
Take a look at some of the biggest movers in the premarket: AT&T (T) – AT&T announced plans to spin off its stake in the WarnerMedia/Discovery Communications (DISCA) combination to its shareholders when that merger is completed later this year. Shareholders will receive 0.24 shares of Warner Brothers Discovery for each AT&T share they now