Nonfungible tokens (NFTs) have been in the headlines for the past few years. While swaths of the population have tried to get their head around why NFTs exist, demand has soared, institutions have been built, and the lingo has entered our collective consciousness. There is an elephant in the room, though: NFTs are difficult to
Month: May 2022
Several American cities are experiencing a renaissance because they are redefining themselves with new attractions. As it turns out, attractions that draw people include music, theater, museums, galleries and gardens: in other words, the arts. Until very recently, Fayetteville, North Carolina, was best known as the home of Fort Liberty, previously called Fort Bragg. One
Federal Reserve Chair Jerome Powell. Xinhua News Agency | Xinhua News Agency | Getty Images Americans are dealing with a period of rapidly rising interest rates for the first time in years. The Federal Reserve on Wednesday released the minutes from its latest meeting, showing that the central bank plans to deliver more 50 basis
Bitcoin bears re-entered the marketplace on Saturday, as prices moved closer to a multi-week low to start the weekend. BTC once again fell below $29,000, whilst ETH continues to move lower, and now hovers around $1,750. Bitcoin Following a brief rebound on Friday, BTC once again moved lower, with prices falling under the $29,000 mark
The Chicago City Council signed off on Mayor Lori Lightfoot’s choice of Bally’s Corporation to hold the city’s first and only casino license, a project billed as central to structurally balancing the city’s books. The council vote of 41-7 came Wednesday several hours of contentious debate during which many members, even some who eventually cast
Gold, Silver Rates Today News Updates: Prices of gold and silver opened higher across the key spot markets on Friday, May 27, 2022. The opening price for 999 purity gold was Rs 51,163 per 10 grams, up Rs 218 from Thursday’s closing price of Rs 50,945, while that of 999 purity silver was Rs 62,173
The overwhelming majority of the market and even precious metals investors still don’t understand what the world is facing… by Steve St Angelo of SRSrocco Report The Global Market isn’t prepared for the coming economic collapse as we head over the Energy Cliff. Even with a falling stock market, many institutions and investors are still
Exchange-traded funds (ETFs) buy shares of a number of stocks on behalf of their investors, and when those stocks pay dividends, the money is passed along to the investor. Most ETFs pay out these dividends quarterly on a pro-rata basis. That is, the payments will be based on the number of shares the investor owns.
The clash between Liverpool and Real Madrid in the final of this year’s Uefa Champions League, Europe’s most prestigious and richest football tournament, will pit the champions of Spain against the English runners-up. It is a match between two teams with global fanbases and a European football pedigree underpinned by 19 Uefa Champions League and
A very good Champions League final morning to one and all — later this evening, English Premier League runners-up Liverpool FC will meet La Liga titans Real Madrid for the most coveted cup in European football. Before the action kicks off at 9pm Paris time, we recommend this brilliant magazine dispatch from our man in
Less than a day after the SEC proposed a sweeping set of new disclosure rules for money managers, one of the investment industry’s most powerful trade groups is already blasting a key aspect of the plan. The Investment Company Institute, whose members manage more than $40 trillion globally, came out Thursday against the SEC’s bid
Canadian Imperial Bank of Commerce (TSE: CM) (CM), commonly known as CIBC, is a financial institution, which provides banking and wealth management services to personal, business, public sector, and institutional clients. It operates through the following segments: Canadian Personal and Business Banking, Canadian Commercial Banking and Wealth Management, U.S. Commercial Banking and Wealth Management, and
Stocks could carry the momentum of this latest rally into next week as investors look ahead to Friday’s jobs report. All three major indice scored big gains in the past week, each rising higher than 6%. Both the S&P 500 and Nasdaq Composite broke a seven-week losing streak, while it had been eight weeks of
“The Metaverse” and “Web3” are the buzzwords of the moment, with their concepts permeating across the worlds of fintech, blockchain, and now even mainstream media. With decentralization thought to be at the core of the Web3 Metaverse, the promise of a better user experience, security and control for consumers is what’s driving its growth. But
The housing market is sending clearer signals that the pandemic-driven housing frenzy is coming to an end, according to a new report from Redfin, a technology-powered real estate brokerage. Price drops are becoming increasingly common, particularly in hot migration destinations. In Boise, Idaho, where home prices are up 62% in the past two years, 41%
Former U.S. President Donald Trump looks on during a press conference announcing a class action lawsuit against big tech companies at the Trump National Golf Club Bedminster on July 07, 2021 in Bedminster, New Jersey. Michael M. Santiago | Getty Images A judge on Friday dismissed a federal lawsuit by former President Donald Trump that
Bitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the cryptocurrency market. The exchange, which has a workforce of 800 workers, has decided to let go of more than 10% of its staff citing a change in the long-term strategy for the company,
As you celebrate National Hamburger Day (May 28th) this Memorial Day Weekend, retirement is probably the last thing on your mind. But as the sizzling aroma of those grilling burgers captivates your nostrils, consider for a moment how your retirement is like a mouth-watering juicy hamburger. “A hamburger represents all you’ve achieved and accumulated from
Municipals made further gains on Friday, pushing yields down as much as another eight basis points, to close out a seven-day rally, the likes of which haven’t been seen since the end of March 2020 as the market began to rebound from the COVID-19-led turmoil. Triple-A yields have fallen more than half a percentage point
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) – Inflation continues to dominate market headlines as consumers feel the real-world effects of rising prices. Friday, consumers got a little
Power grids are already being stretched thin by fuel shortages, droughts and heatwaves, commodity disruptions, soaring prices due to the war, and… by Mac Slavo of SHTFplan The ruling classes of the globe are continuing to warn that the power grids all across the globe will be stretched thin this coming summer. There will not
We can’t prevent the unexpected from happening, but sometimes we can protect ourselves and our families from the worst of the financial fallout. Many types of insurance are available, but nobody wants to spend more than they really need to. Selecting the right type and amount of insurance must always be based on your specific
At the start of this school year, Eva Mireles introduced herself to her 4th grade students with a few details about her life. She had been teaching for 17 years. She had a “supportive, fun and loving” family — and three “furry friends”. She cherished outdoor exercise. “I love running, hiking, and now you just
Michelle Bachelet, the UN human rights chief, has staked her reputation and that of the 193-member organisation on an investigation into China’s crimes against Uyghur Muslims in Xinjiang. The former Chilean president, long considered a contender to be the first woman head of the UN, this week made a landmark trip to the north-western Chinese
With most Merrill Lynch financial advisors now working together on teams, the wirehouse plans to get to a 100% team approach by the end of the decade without any mandates from the home office. The firm’s share of advisors on teams has reached roughly 80% from only 45% a decade earlier, Merrill Lynch Wealth Management
Semiconductor industry leader Monolithic Power Systems (MPWR) develops and markets high-performance power solutions. In particular, Monolithic employs its deep system-level and applications expertise to develop highly integrated monolithic systems utilized in the computing and storage, automotive, industrial, communications, and consumer applications industries. Monolithic’s value proposition to its clients includes lowering the total energy consumption needed
In this article BIG ADSK ULTA Ulta Beauty store. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Friday. Ulta Beauty — The beauty retailer surged 10% following better-than-expected quarterly earnings and revenue. Ulta Beauty also shared a better-than-expected outlook for the full year. American Eagle — The stock dropped 4.2%
Sharing is Caring! by Chris Black During the Uvalde school shooting in Texas parents showed up with guns and attempted to enter the building. Not only did cops with long guns have their tasers out, ready to stop parents from saving their own children, it looks like the cops have one parent pinned to the
Buying low and selling high is easier said than done, especially when emotion and volatile markets are thrown into the mix. Historically speaking, the best deals are to be found when there is “blood on the streets,” but the danger of catching a falling knife usually keeps most investors planted on the sidelines. The month
When it comes to supply chain issues, frustrations are at an all-time high for consumers. Model and influencer Allison Weiss Brady has been furnishing her entire home for several years but everything has been delayed. From a toilet that never arrived to a seven-month wait for a storage piece, she’s reached a breaking point. “I
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