Sharing is Caring! by Michael Snyder Are we in danger of stumbling into a major military conflict? This week, a couple of startling revelations have really shaken up those that closely watch U.S. relations with China. The relationship between our two nations continues to deteriorate, and we are now closer to a war with China
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Bitcoin (BTC) is leading the recovery in the crypto sector and the cryptocurrency briefly rallied to $48,429 on Sept. 15, before pulling back to test the underlying support levels. While speaking during a live stream at the SALT conference, Ark Invest CEO Cathie Wood said that Bitcoin is the default currency of the crypto space
Perched on a prime corner of Pacific Heights, just steps from the Presidio and boasting some of the greatest views offered by the City by the Bay, this 7,675 square foot, six-bedroom home is the pinnacle of San Francisco elegance. It was the home of Charles “Kip” C. Thieriot, who passed away of Covid 19 on
NICHOLAS KAMM | AFP | Getty Images The uber rich may be cheering House Democrats’ proposed tax reforms on investment income relative to the Biden administration’s earlier plan. The White House called for a 39.6% top federal tax rate on long-term capital gains and dividends — nearly double the current 20%. Long-term capital gains tax
Unnamed sources familiar with the matter indicate the Biden administration may allow Federal Reserve chairman Jerome Powell to continue as the central bank’s lead. The news follows three U.S. representatives asking Biden to replace Powell with a central bank leader that addresses equality and climate change. Jerome Powell to Stay for Second Term, Sources Say
Not since the 1960s have so many critical policy issues that affect older adults come together in Congress at one time. Over the next few months, lawmakers will decide whether to both increase and fundamentally refocus federal support for older adults and younger people with disabilities. Those reforms would assist those who need long-term services
Stifel Financial Corp. has added a pair of financial veterans to lead its fixed-income capital markets division with the hiring of David Rubulotta and promotion of Brant McDuffie. The team will share the role of deputy co-heads of the department, which is a first for the financial services holding company headquartered in St. Louis, Mo.,
Motley Fool China Is Breaking Up Alipay: Time to Sell Alibaba? One year ago, Alibaba was the starting point for the regulatory crackdown on Chinese tech giants, when regulators canceled the IPO of Alibaba financial subsidiary Alipay following inflammatory comments by founder Jack Ma. Nearly one year later, Beijing returned to the subject of Alipay,
What is one to do in this era of money printing, where determining the value of anything is challenging? Marc Faber on GoldCore TV This week on GoldCore TV Dave Russell chats with Dr. Marc Faber, Editor and Publisher of the “Gloom, Boom & Doom Report”. Dr. Faber is well known for his outspoken views
Mortgage rates dropped slightly Tuesday, with the 30-year fixed-rate average falling to just above 3%. The flagship rate has been hovering within an eighth of a point range above 3% since the first week of August. National Averages of Lenders’ Best Rates Loan Type Purchase Refinance 30-Year Fixed 3.02% 3.13% FHA 30-Year Fixed 2.84% 2.98%
The Inspiration4 crew in their SpaceX spacesuits, from left: Chris Sembroski, Dr. Sian Proctor, Jared Isaacman, and Hayley Arceneaux John Kraus / Inspiration4 KENNEDY SPACE CENTER, Florida — SpaceX is set to make history as Elon Musk’s space company prepares to launch four civilians to orbit. They will become the first full crew of non-professional astronauts to fly to
Gunfire was reported outside Haiti’s parliament building on Wednesday as rumours spread that a leading senator was to be sworn in as interim replacement for Jovenel Moïse, the president whose assassination in July plunged the Caribbean nation into turmoil. Videos on social media, which could not be independently verified, showed gunmen outside the building in
Premium drinks company Fevertree has been hit by global supply-chain bottlenecks and shipping costs in the first half of the year, squeezing its earnings even as business in Europe and the US has rebounded from the depths of the pandemic. Earnings at the company, best known for making top-shelf tonic waters and cocktail mixers, were
Elizabeth Warren wants the Federal Reserve to break up Wells Fargo. That is sort of funny and silly in equal measures. The U.S. senator wrote to Fed Chair Jerome Powell to demand that Wells Fargo ditch its investment bank so management could focus solely on fixing the problems in its Main Street business. The latter
ReneSola Ltd. (SOL) designs, builds, operates and sells solar power projects in the United States and Europe. I am bearish on the stock. (See SOL stock charts on TipRanks) The PolySilicon Crisis After falling rapidly for over a decade, Solar module prices have taken an upturn for the worse in 2021. The catalyst for the
In this article MRO WYNN SOFI KSU A worker cleans an escalator on Las Vegas Boulevard in Las Vegas, Nevada, U.S., on Tuesday, March 17, 2020. Joe Buglewicz | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Casino stocks — Casino stocks were under pressure for a second day Wednesday amid heightened
Sharing is Caring! by mapi Whether it is consent decrees or cries for police reform, America’s law enforcement agencies always reacts the same. Deny and discredit any who oppose them. For nearly a year now, law enforcement has used a new tactic to convince the public that BLM protests over police violence and reform should
Uniswap (UNI) was among the best performers among the top cryptocurrency tokens by market capitalization in the previous 24 hours, logging better gains than other top cryptocurrencies, namely Bitcoin (BTC), Ether (ETH) and Binance Coin (BNB). On Wednesday, the UNI/USD exchange rate jumped 13.26% to hit a seven-day high of $25.68. Traders continued to bid
Andrew Lanoie is a Best Selling Author, Investor and Podcaster at The Impatient Investor, as well as Co-Founder of Four Peaks Partners. Real estate is a well-established path to riches. Many self-made millionaires and 38 of the Forbes 400 list of wealthiest Americans have made their fortunes from real estate. Most of these millionaires and billionaires didn’t
The Emerald Bay residential project developed by China Evergrande in the Tuen Mun district of the New Territories in Hong Kong, China, on Friday, July 23, 2021. Lam Yik | Bloomberg | Getty Images China Evergrande has committed “two cardinal sins” which have led to the debt crisis it’s now facing — and investors are
Interactive Brokers, one of the largest online brokerage firms, has announced today it is offering cryptocurrency trading services in alliance with Paxos. Users of the platform now have a complete suite of cryptocurrency trading options, along with traditional trading offerings like stocks and bonds. The company recognized the importance of digital assets for traders to
Here is a dilemma many Medicare beneficiaries face: My physician ordered a new medication to treat a longstanding medical problem. The pharmacist said my drug plan doesn’t cover this drug. I really need to take it. What can I do? This is not a rare event. Yet, many beneficiaries are surprised to discover that an
The government of Guam has settled on a $937 million budget for fiscal 2022, which starts Oct. 1. Gov. Lourdes “Lou” Guerrero on Saturday said she would let the budget go into effect without her signature. The legislature transmitted the budget to her on Aug. 31. The budget includes $623.6 million of total General Fund
[EDITOR’S NOTE: Written with material from Rio Tinto news release] Rio Tinto and Caterpillar have signed a Memorandum of Understanding (MoU) for Caterpillar’s development of zero-emissions autonomous haul trucks for use at one of Rio Tinto’s Western Australian mining operations. The collaboration will see Rio Tinto work with Caterpillar to advance the development of the
Despite this reticence the BIS is almost certainly acting on behalf of central banks in… By Robert Lambourne via GATA The recently released August statement of account of the Bank for International Settlements – https://www.bis.org/banking/balsheet/statofacc210831.pdf — contains information suggesting a decrease of about 38 tonnes in the bank’s gold swaps in August, from 502 tonnes
A bear market is traditionally defined as a period of negative returns in the broader market where stock prices fall 20% or more from recent highs. Several strategies can be used when investors believe that this market is about to occur or is occurring; the best approach depends on the investor’s risk tolerance, investment time
The Macau government’s drive to increase oversight of casinos wiped $18.4bn off the market value of listed gambling operators, as analysts warned that stringent regulations could squeeze margins already strained by the Covid-19 pandemic. Shares of Sands China tumbled 32.5 per cent, Wynn Macau fell 29 per cent and rival MGM China lost almost 27
Tullow Oil’s finance director is to depart after securing the company’s future via a critical $1.8bn bond offering in May. The Africa-focused explorer and producer said on Wednesday that Les Wood, who has been chief financial officer since 2017, had “mutually agreed” with its board to step down at the end of March next year.
Legal troubles are mounting for Charles Schwab’s robo advisor. Two months after the Westlake, Texas-based brokerage announced it was setting aside $200 million for an SEC probe into Schwab Intelligent Portfolios, a group of clients have filed a class action lawsuit alleging the digital advisor violated its fiduciary duty by over-allocating portfolios to cash. While
There’s a lot to be optimistic about in the Technology sector as 1 analysts just weighed in on and VIZIO Holding (VZIO – Research Report) with bullish sentiments. TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3