The US Senate has voted to extend the debt ceiling until December 3, providing short-term relief to investors and executives who had fretted about a government default as soon as this month. The upper chamber of Congress voted late on Thursday along party lines, 50-48, to extend the public borrowing limit by $480bn and avoid
admin
Dividing RIAs by their size and whether they have a brokerage affiliation reveals differences in the types of clients and amount of assets managed among the industry’s more than 5,000 firms. Despite the difficult year for the world in 2020, retail-facing RIAs of all types grew substantially last year in terms of the number of
Sharing is Caring! 91% of small business owners hiring or trying to hire reported few or no “qualified” applicants for the positions they were trying to fill. In a random sample of 10,000 small business owners, the NFIB reports Staggering 50 Percent of Small Business Owners Report Job Openings They Can’t Fill. “Small employers are struggling
In this article CAG MDP TLRY-CA LEVI HELE TWTR Check out the companies making headlines before the bell: Conagra Brands (CAG) – The company behind food brands like Healthy Choice, Hunt’s and Hebrew National earned an adjusted 50 cents per share for its latest quarter, 1 cent above estimates, while revenue also came in ahead
The Vail real estate market is on pace to set even more records this year, with sales volume more than doubling from even the ultra-hot 2020. After approaching $600 million last year in sales volume (based on more than 460 transactions), Vail recorded more than $1.4 billion in sales across 972 transactions by Q2 2021,
Global investment bank JPMorgan says institutional investors are returning to bitcoin, seeing the cryptocurrency as a better hedge than gold. The firm’s analysts describe three key drivers boosting the price of bitcoin in recent weeks, including assurances that U.S. policymakers will not ban cryptocurrencies. JPMorgan Sees Renewed Interest in Bitcoin JPMorgan published a research note
As public pensions across the nation continue to spiral downward, pension trustees and participants, unions, and taxpayers in states including Alabama, California, Florida, Kentucky, Illinois, Ohio, North Carolina and Rhode Island are increasingly raising their voices to urge the SEC to stop rampant mismanagement of pension investments and looting by Wall Street. While the SEC
Municipals were mostly steady on a day when U.S. Treasuries sold off and equities rallied in a risk-on trade from debt-ceiling news in Washington while Refinitiv Lipper reported a mere $37 million of fund inflows and a near half-billion of high-yield outflows. Triple-A benchmarks were little changed on the day with Refinitiv MMD cutting the
TipRanks 2 “Strong Buy” Stocks With at Least 7% Dividend Yield September is behind us, fall is here, and we’re well into the swing of Q4. Later this month, we’ll get a better picture of market conditions when the Q3 earnings start coming out. In the meantime, however, there’s some cause for caution in the
There are a lot of reasons why people in China would want to buy more physical gold… by Jason Burack of Wall St For Main St There are a lot of reasons why people in China would want to buy more physical gold. Commit to tipping us monthly for our hard work creating high level,
Tether (USDT), the largest stablecoin issuer by market capitalization, has refuted the details of a Bloomberg story on its reserves holdings. In a Thursday report, Bloomberg journalist Zeke Faux made numerous claims against Tether, including that its chief financial officer Giancarlo Devasini has used the company’s reserves to make investments, that seem to contradict Tether’s
The Autopilot mode in Tesla’s (TSLA) electric cars is turning out to be the company’s Achilles Heel following news of yet another crash involving a car equipped with the Autopilot feature. On Aug. 28, 2021, a Tesla Model 3 hit a state highway patrol cruiser in Orlando, missing the officer who stopped to help a
France is planning to grant its backing to Kristalina Georgieva when the IMF’s 24 board members meet on Friday to assess whether they should retain the fund’s managing director following allegations challenging her ethics in her previous job at the World Bank. But it was unclear on Thursday whether Paris’ support would help sway other
Mohammed bin Salman dislikes criticism. Saudi Arabia should therefore spend heavily on players now it hasacquired Newcastle United with minority investors. This would buy the Gulf State ruler some of the popularity he has lacked in the UK since Saudi agents murdered dissident journalist Jamal Khashoggi in 2018. Fans would be less likely to chant
Americans amassed $464 billion in tax-advantaged college savings investment plans as of June, up $91 billion from a year ago, according to new data from the Federal Reserve. Spread among the estimated 15 million families with so-called 529 accounts, that means that the average plan holds less than $29,000, which would pay for about half
In keeping with Palantir’s (PLTR) record of signing on the dotted line with mostly huge organizations, the company’s latest business dealing ticks all the right boxes. The U.S. Army has progressed the data specialist to the next stage of a contact to upgrade and replace components of the Army’s Distributed Common Ground System –
Sharing is Caring! by Martin Armstrong Pfizer just filed today with the US corrupt Biden Administration to allow the use of its COVID-19 vaccine in children ages 5 to 11 — and if regulators agree, shots could begin within a matter of weeks. This is very serious. There is absolutely no data to show the
In this article FCX PENN IAC Twitter CEO and Co Founder, Jack Dorsey addresses students at the Indian Institute of Technology (IIT), on November 12, 2018 in New Delhi, India. Amal KS | Hindustan Times | Getty Images Check out the companies making headlines in midday trading. Freeport-McMoRan — The mining company’s shares were more
If I had to pick one thing that has led to more leads, more deals, and more success in this industry than anything else, it’s personal branding. Your “brand” is what you’re known for; It’s the sum of your digital footprint, your appearance, your work ethic, your skills, your connections, your passions, your personality—all of
Members of the parliament in Kazakhstan have proposed the establishment of a state register for cryptocurrency farms operating in the country. Alarmed by the growing consumption of energy in the sector, the lawmakers also want to charge miners a higher price for the electricity they use. Mazhilis Members Want Miners in Kazakhstan to Register With
People walk past office buildings in midtown Manhattan on May 7, 2021 in New York City. Angela Weiss | AFP | Getty Images Before the pandemic, it would take Rob Byrnes at least 15 minutes to wait in line and grab a quick lunch at a fast-casual restaurant in midtown Manhattan. Now, in the minority
Today’s column addresses questions about the potential effects of pensions on the availability of spousal benefits, statistics about what benefit amounts different people receive and potential effects of filing for survivor’s benefits early and while working. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning,
Amid steady recovery from the effects of the COVID-19 pandemic, Dallas Fort Worth International Airport is advancing its $5.4 billion capital improvement program, with the largest project at $2.3 billion for terminal C renovations and added gate capacity. “The goal is to transform Terminal C, which has stood in service at the airport since the
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) – The U.S. labor market remains highly volatile as fewer workers than expected applied for first-time employment benefits. This is the
The price of physical gold is set by “regular traders” in the physical market, and arbitragers that trade… by Jan Nieuwenhuijs via The Gold Observer How the physical gold price is set, and how physical and derivates markets around the world are connected and interact. Founding Members of The Gold Observer may submit a topic for an article.
Bitcoin (BTC) took a trip below $54,000 during Oct. 7 as traders waited to see how far a retracement of Wednesday’s $5,000 gains could go. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC flirts with $1-trillion asset support Data from Cointelegraph Markets Pro and TradingView showed BTC/USD looking decidedly less confident Thursday, down 3% while taking
The Canada Pension Plan and the U.S. Social Security system are publicly provided, mandatory old-age pension systems. They both provide retirement, disability, and survivor benefits. But the amount you pay in and the benefits you receive differ between the two. Key Takeaways Both the Canadian Pension Plan (CPP), and Social Security in the U.S., are
Global gas markets eased and equities climbed on Thursday, as investors banked that Russia would help Europe avoid a full-blown energy crisis. European and UK gas prices fell in morning trades after a chaotic Wednesday that saw UK futures contracts climb almost 40 per cent before Russian president Vladimir Putin said his country was prepared
Some trends are a direct response to discontent – take the Vietnam war contributing to the emergence of the hippy vibe, for example. Some merely reflect the dominant public interest – leading to the continued rise of environmental concerns, perhaps. Others, though, are a reaction, a thrust against perceived constraint. Think punk, or the rise
LPL failed to follow its own anti-money-laundering procedures when it opened a customer account and processed wire transfers for Eugenio Garcia Jimenez, Jr., an unregistered investment advisor who allegedly misappropriated $7.1 million of taxpayer funds from the city of Mayagüez, Puerto Rico, according to documents from the SEC. Garcia presented a plan to invest approximately