In this article WRBY RIDE RIVN TSLA The Lordstown Motors Corp. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Johnson & Johnson — Shares of the health care
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Sharing is Caring! by Martin Armstrong This was the second year our World Economic Conference was unable to bring in our staff from China, SE Asia, the Middle East, and Europe. Our staff had to appear by video while the Biden Administration allows unlimited UNVACCINATED people from south of the Border free access, gives them money, and
The U.S. Securities and Exchange Commission, or SEC, has officially disapproved asset manager VanEck’s spot Bitcoin exchange-traded fund months after the firm submitted its application. According to a Nov. 12 filing, the SEC rejected a proposed rule change from the Cboe BZX Exchange to list and trade shares of VanEck’s Bitcoin (BTC) Trust. Specifically, the
CEO of Snappt and President of Berlind Properties. At the heart of the American dream is the core belief that there is the ability to improve one’s lot, for oneself and one’s children. Acting upon that dream, ordinary citizens saved their pennies and took a leap of faith to invest in what always seemed to be the “sure
Source: Douglas Elliman Pent-up demand, a roaring stock market and extremely low interest rates are melding together to create a record-breaking luxury real estate market in Manhattan. “Leading up to the pandemic, the high end of the market was the weakest segment of the market. However, since the end of the lockdown, it’s inverted –
At the World Digital Mining Summit in Dubai, the leading application-specific integrated circuit (ASIC) bitcoin mining rig manufacturer, Bitmain, revealed the company’s most powerful bitcoin mining device to date. The new Antminer S19 XP will boast up to 140 terahash per second (TH/s) and uses 27% less electricity per terahash than the most efficient and
As environmental, social and governance factors have become more important to investors in the municipal market, more market participants are jumping into the space to provide ESG data and analytics. Intercontinental Exchange this week expanded its reference data coverage to now include two million fixed-income instruments, including municipals, in an effort to provide greater transparency
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 is retracing slightly after six sessions of gains. The yellow metal is -0.17% lower leading into the European open
Podcast: Play in new window | Download Subscribe: Apple Podcasts | Stitcher | Email | It’s way more than skyrocketing food prices. Everything about the way America eats is changing, and we all will have to adapt and change whether we want to or not… Brian Ochsner with Paul “Half Dollar” Eberhart in a new
Getting married changes your financial life in profound ways. It’s not just that you’re living together or sharing expenses—you don’t need marriage to do that. It’s that your legal and tax statuses change. And while your credit score remains individual, your future choices could be changed by what your spouse brings into the financial picture.
Jonathan Slone will resign as Asia chair at Jefferies, the US investment bank, after less than three years in the role to pursue opportunities in private equity. Slone is among the most high-profile finance veterans in Hong Kong, having previously worked in leadership roles at CLSA, a brokerage in the territory, for three decades. Slone
A view from a petrol station shows gas prices over $4, in Arlington-Virginia, United States on October 30, 2021. Yasin Ozturk | Anadolu Agency | Getty Images Stagflation fears have plagued investors in recent months, as prices start to rise in an economy that hasn’t quite picked up pace yet. But investors can employ a
Wood Group has warned that its earnings and revenues for the year will be lower than previously expected, as the lingering effects of the pandemic have deferred more projects than anticipated into 2022. The Aberdeen-based engineering and consulting group said on Friday that full-year revenues would be about $6.4bn, down from the previously expected range
As wealth managers seek to hire and serve more Black Americans and other historically excluded minorities, financial advisors have a new roadmap for racial equity investing. The Croatan Institute, a nonprofit research organization that focuses on using finance to advance social equity and sustainability, compiled a list of public and private funds, fixed-income products and
BTIG analyst Gray Powell maintained a Hold rating on OneSpan (OSPN – Research Report) on November 2. The company’s shares closed last Thursday at $19.98. According to TipRanks.com, Powell is a 5-star analyst with an average return of 22.3% and a 67.5% success rate. Powell covers the Technology sector, focusing on stocks such as Ping
In this article COIN POSH FUBO DASH PLTR WEN Check out the companies making headlines before the bell: Coinbase (COIN) — Shares of Coinbase sunk more than 11% premarket after the company reported lower-than-expected quarterly revenue. The cryptocurrency exchange reported revenue of $1.31 billion versus the Refinitiv consensus of $1.57 billion.Monthly transacting users declined from the
Sharing is Caring! by Charles Hugh-Smith Which is more valuable: Wall Street’s debt/asset bubbles or the global empire? You can’t have both, so choose wisely. The consensus makes sense: the U.S. dollar is doomed because the Federal Reserve and the Treasury will conjure trillions of new dollars out of thin air to prop up the status
Bitcoin (BTC) shook out leveraged traders in classic style this week, but new data suggests that the market is broadly healthier than earlier in the year. Highlighting findings from its latest weekly newsletter, data analysis firm Arcane Research showed how aligned futures markets have become in Q4 2021. “Healthier” market keeps bullish bias sustainable With
For the last 35 years, banks have made floating rate loans based on an interest rate index called the London Interbank Offered Rate (LIBOR), which was determined using interest rate quotes from a panel of money center banks. In the real estate business, LIBOR loans have historically been priced in one-month intervals, with the rate
While Nigerians have seemingly embraced the Central Bank of Nigeria (CBN)’s digital currency, skeptical analysts believe a lack of trust in the government will ultimately limit the e-naira’s prospects for success. Threat From Fintech Startups In addition, some analysts insist the digital currency’s already tenuous position is made worse by the fact that it has
There’s been a growing awareness of a significant risk that retirees face as they age into their 80s and 90s: They may not be capable of managing their money due to forgetfulness, distracting health issues, or diminished cognitive capacity. This makes them vulnerable to financial losses that could come from simply making mistakes, being exploited
A registered general securities representative has agreed to pay $10,000 to settle Financial Industry Regulatory Authority charges that he violated the Municipal Securities Rulemaking Board’s fair dealing rule when he provided incorrect and misleading account reports to a customer. Antoine Nabih Souma agreed to pay the fine and be subject to a two-month suspension from
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) – Metals Focus, a leading independent precious metals research consultancy, reported yesterday that it expects over a 40% increase in gold
This isn’t rocket science, it’s basic high school economics… by Simon Black of Sovereign Man More than four thousand years ago around 2112 BC, King Ur-Nammu of ancient Sumeria gathered his scribes together to dictate a series of royal decrees, all of which were chiseled onto cuneiform tablets. A handful of these tablets were discovered
The internet has put a wealth of facts and figures at everyone’s fingertips—and in real time, too. While highly publicized data breaches have understandably prompted concerns, the widespread availability of data has also emerged as a source for good. Investors and research analysts have increasingly found inventive ways to capitalize on newly available information. This trend has
A surge in festive spending has boosted hopes that India will regain its title as the world’s fastest-growing large economy, even as analysts warn of deep challenges facing a country whose consumers and businesses are still bruised by the coronavirus pandemic. Sales over Diwali, the Hindu festival of lights that was celebrated last week, surged
Telecoms company Millicom said on Thursday it will buy out its venture partner in Guatemala and take full control of its operations in a $2.2bn deal, the largest ever single foreign investment in the Central American country. Millicom, which sells mobile and broadband services in Latin America and Africa, previously owned 55 per cent of
Much as it did this summer, CI Financial is celebrating another record quarter powered by a rapid stateside expansion. The Toronto-based firm reached new all-time highs for asset levels and the best net flows in its asset management business in more than six years, CI Financial CEO Kurt MacAlpine said in the firm’s third-quarter earnings
In this article TSLA WEN FUBO POSH A woman walks past a Westpac bank advertisement in central Sydney, Australia. Daniel Munoz | Reuters Check out the companies making headlines in midday trading. Poshmark — The online marketplace’s shares tumbled nearly 30% Wednesday after reporting quarterly results late Tuesday. Poshmark reported a loss of 9 cents
Climate-change focused Klima DAO has accumulated over 9 million tonnes of carbon offsets according to a Nov. 8 announcement. The USD value of those offsets has surpassed $100 million. In a blog post, the project explained that those offsets are equivalent to the annual emissions of Georgia, Jamaica, or Papua New Guinea. The Klima DAO protocol