Sharing is Caring! by Michael Snyder A decline in morality has preceded the collapse of almost every great society throughout history. Moral decay is often cited as one of the primary reasons for the decline and fall of the Roman Empire, the level of wickedness in ancient Greece reached a frightening crescendo before it finally
Month: February 2022
El Salvador, the first country to adopt Bitcoin (BTC) as a legal tender, has relaunched its in-house Chivo wallet to address the existing challenges of BTC transfers locally. With AlphaPoint integration, the updated Chivo wallet is expected to carry out instantaneous low-fee Bitcoin transactions while fixing concerns related to stability and scalability. Within the first
More than one-third (34.1%) of U.S. single-family homes for sale in December were new construction, up from 25.4% a year earlier and the highest share on record, according to real estate firm Redfin. Newly built homes have taken up an increasing portion of housing inventory over the last 10 years, with a major acceleration in
America’s suburbs are sprawling again. Last year, single family housing starts rose to 1.123 million, the highest since 2006, according to the National Association of Home Builders, however, options for prospective homebuyers remain lean. Experts say the problems of America’s housing market relate to past policy decisions. In particular, they say restrictive zoning codes are
The Indian government has announced the upcoming launch of the country’s central bank digital currency. The digital rupee will be issued by the Reserve Bank of India (RBI) in the financial year 2022-23, Indian Finance Minister Nirmala Sitharaman said during her budget speech. RBI’s Digital Currency, the Digital Rupee, Coming Soon India’s finance minister, Nirmala
Presuming that you’ve seen the caregiving commercials and are even more worried about caring for your parents – you’re not alone – over 53 million Americans are currently caring for an elderly relative or friend who needs help just navigating daily life. Yep, that many – 1 in 5 – spend an average 24 hours
Federal Reserve Bank of St. Louis President James Bullard said he would like to raise interest rates at the central bank’s meetings in March and May but played down the benefits of a larger-than-expected move. “Fifty basis points, I don’t think helps us — at least sitting here today, I don’t think that really helps
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) – After gold‘s disappointing performance in 2021, analysts are tempering their enthusiasm, according to the London Bullion Market Association’s 2022 forecasts.
How will gold handle the next clashes? by Arkadiusz Sieron of Sunshine Profits Gold fought valiantly, gold fought nobly, gold fought honorably. Despite all this sacrifice, it lost the battle. How will it handle the next clashes? Have you ever felt trapped in the tyranny of the status quo? Have you ever felt constrained by
The stock market reflects all known information as stated by the efficient market hypothesis, processing and assimilating new data rapidly through the mechanism of buying and selling. The stock market is also forward-looking, which explains why a company’s stock may fall, even when reported earnings improve from the previous quarter. Apple’s stock history is a
CNBC’s Jim Cramer said Tuesday that now is the time to ditch stocks of unprofitable companies. “This is your chance to free yourself of those companies … that don’t have any revenues, don’t have any earnings, all 50 times sales,” Cramer said on “Squawk on the Street,” referring to stocks that sell at high price-to-sales
Peru’s embattled leftwing president Pedro Castillo announced the third cabinet of his turbulent six months in office on Tuesday, naming a new prime minister and replacing all his top ministers. The move came after a chaotic week in which his prime minister, finance minister and interior minister quit amid allegations that Castillo lacked leadership and
When France decreed last month that EDF should foot the bill for the state’s latest measures to rein in energy costs as wholesale prices soar, it made no bones about the politics of the move. Keeping the lights on for consumers and businesses was priority number one, ministers said — and it would be unseemly
According to the US SIF Foundation’s 2020 Report on US Sustainable and Impact Investing Trends, as of year-end 2019, one out of every three dollars under professional management in the United States—$17.1 trillion—was managed according to sustainable investing strategies. As the interest in ESG (environmental, social and governance) investing continues to surge and expenses and minimums decline
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Check out the companies making headlines after the bell: Alphabet — Shares of the Google-parent rose more than 7% in extended trading after the company beat on the top and bottom lines for its quarterly results. The
Sharing is Caring! by Charles Hugh-Smith We are in effect so busy arranging the beach umbrellas per our instructions that we don’t notice the approaching tsunami. Economists focus on what can be easily measured: sales, profits, prices, tax revenues, etc. Since the decay and failure of institutions isn’t easily quantified, this decay doesn’t register in the realm of
The New York Digital Investment Group, or NYDIG, has launched a benefit program allowing employees of participating companies to convert a portion of their paychecks into Bitcoin. In a Tuesday announcement, the NYDIG said several firms involved with sports, entertainment, and digital currencies would be among the first to offer the crypto payments, including Everbowl,
Smart home technology has been gaining acceptance in American households for the last five years, with the pandemic doubling usage, according to research quoted in Security Infowatch in May 2021. While concerns remain, especially among older adults, users of all ages are seeing the advantages these services offer, including to their health, safety and well-being.
lvcandy | DigitalVision Vectors | Getty Images Sales of real estate in the metaverse topped $500 million last year and could double this year, according to investors and analytics firms. Real estate sales on the four major metaverse platforms reached $501 million in 2021, according to MetaMetric Solutions. Sales in January topped $85 million, the
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News
Today’s Social Security column addresses questions about published maximum Social Security benefit rates, payment of delayed retirement credits when filing after full retirement age and how spousal benefit rates are calculated. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc. See more Ask Larry
Democratic Sen. Joe Manchin praised all five of President Biden’s nominees for the Federal Reserve, an important signal for their confirmations in the 50-50 Senate. “They all look extremely qualified,” the West Virginia senator, who is a pivotal vote, said Tuesday of the nominees. While Federal Reserve Chair Jerome Powell likely faces easy confirmation to
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 bulls were put on the defensive after hedge funds increased their speculative long positions ahead of the Federal Reserve,
Maybe they genuinely fear negative-wealth-effect-driven recessions or depressions. Maybe they hate the by Adam Hamilton of Zeal LLC At mid-December’s Federal Open Market Committee meeting, Fed officials began discussing quantitative tightening. Effectively selling previously-monetized bonds to unwind quantitative-easing money printing, this revelation from the minutes rattled markets in early January. But hawkish-jawboning talk is cheap,
Electric carmaker Tesla, Inc. (TSLA) is recalling 53,822 vehicles in the U.S. due to a feature in its Full Self-Driving (FSD) software that prevents them from coming to a full stop at intersections. The “rolling stop” functionality enables drivers to drive past traffic intersections at slow speeds, ranging from five to six miles per hour.
In this article ASTR The company’s rocket LV0008 stands on the launchpad ahead of the ELaNa 41 mission for NASA. Astra | John Kraus Rocket builder Astra is preparing to launch from Florida for the first time as early as this weekend, with the company expecting to soon receive its Federal Aviation Administration license for
US tech stocks slid in afternoon trading on Tuesday, adding to their worst month of losses since the start of the pandemic, as investors braced themselves for a further batch of earnings reports. The technology-heavy Nasdaq Composite index was 0.3 per cent lower, while the S&P 500’s tech sector had declined 0.8 per cent. In
Marks and Spencer and Aldi have called a truce to their caterpillar cake war, after the high street stalwart settled its lawsuit with the German discount supermarket. M&S had last year launched legal action against Aldi over the design and packaging of its “Cuthbert the Caterpillar” cake, saying Aldi’s version copied its own “Colin the
Feeling isolated as the only Black men in the room during a packed industry conference spurred Emlen Miles-Mattingly and Dasarte Yarnway to create the Onyx Advisor Network to support underrepresented financial professionals. Now — on the first day of Black History Month and just a month removed from Onyx’s launch — the two men are
In this article XOM PBI CRUS UPS AMC SIRI A medical worker wearing a mask walks near the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. Alexi Rosenfeld | Getty Images Check out the companies making headlines in midday trading. Exxon Mobil – Exxon shares