Check out the companies making headlines before the bell: Didi Global (DIDI) – Didi rallied 4.3% in the premarket following a Bloomberg report that Beijing was considering taking a stake in the ride-hailing company and possibly bringing it under state control. It is unclear what size stake Beijing would consider taking in the company. Netflix
admin
In 2021, financial institutions operating in Nigeria have been the lever of a government crackdown on cryptocurrencies, beginning with February’s notorious central bank ban on lenders providing services to crypto exchanges in the country. With much of the Nigerian crypto market of necessity peer-to-peer, Nigeria’s Securities and Exchange Commission (SEC) now aims to introduce regulations
There’s an unexpected find inside this architecturally appealing villa in San Pedro de Alcantara, Malaga, Spain. The second level of the double-height living room is lined with hundreds of books accessed by clear banister catwalks that lead to the loft library’s reading area. Exposed heavy wooden beams and crossbars embellish the vaulted ceiling. José Ribes Bas of
Singapore has hinted that unvaccinated travelers may be subject to longer quarantine periods and additional testing. franckreporter | E+ | Getty Images SINGAPORE — Housing prices have shot up across cities in Asia-Pacific this year, fueled by record low interest rates amid the pandemic. Optimism has also gained steam as vaccination rates gain pace, and
sponsored BlockBank will be enabling its users to earn interest on the stablecoin USD Coin (USDC), with rates up to 60x the US national average of a traditional savings account. Best of all, your USDC is guaranteed by BlockBank, giving you complete certainty whilst you earn interest. With the BlockBank application V2 update arriving in
By Mark Ray, Next Avenue If you hate Zoom meetings, imagine how Heidi Carles, 56, of Bernville, Pa., feels. Carles, an auction lead, cataloger and photographer for an online auction company, has hearing loss, which makes videoconferencing challenging at best. Early in the pandemic, Carles often struggled during calls that included dozens of co-workers. Between the
Puerto Rico Gov. Pedro Pierluisi asked the bankruptcy judge to pause an Oversight Board suit against a law the board says would scuttle the Plan of Adjustment. Pierluisi’s lawyers filed the request with Judge Laura Taylor Swain Wednesday evening in an adversary proceeding part of the bankruptcy. Puerto Rico Gov. Pedro Pierluisi, left, argued that
Silver price is still within the week-long horizontal channel as investors focus on the nonfarm payrolls. Analysts have predicted a reading of 750,000, which is lower than the prior month’s 943,000. As for the unemployment rate, the forecasted 5.2% is lower than July’s 5.4%. Positive will continue to exert pressure on the US dollar while
Gold could go straight up to new record highs… by David Brady via Sprott Money After a week of waiting for Powell’s pivotal Jackson Hole speech, it was a complete dud. He punted the decision on a possible taper to the next FOMC meeting on September 22. The only words of interest from Powell today
There are distinct advantages and disadvantages of using systematic sampling as a statistical sampling method when conducting research of a survey population. Systematic Sampling: An Overview Systematic sampling is simpler and more straightforward than random sampling. It can also be more conducive to covering a wide study area. On the other hand, systematic sampling introduces
Myanmar’s junta has approached foreign banknote companies to help it print more money as it faces a shortfall in tax and export revenues, according to the shadow government formed by supporters of ousted leader Aung San Suu Kyi. The approach, which was confirmed by a second person with knowledge of the situation, comes amid a
Huge inflows to a BlackRock China bond exchange traded fund have helped sustain a 25 per cent rise in Europe-domiciled China fund assets under management in the first seven months of the year. The investment manager’s iShares China CNY Bond UCITS ETF was the best-selling China fund over the period, attracting net flows of €4.5bn. The second most
Bad brokerages all too willing to look past an advisor’s checkered past have a new hoop to jump through before potentially bringing them on board. Under new rules that began on Sept. 1, the Financial Industry Regulatory Authority, or FINRA, is forcing brokerages that want to hire financial advisors with sketchy records to undergo a
Salesforce’s (CRM) strategy of growing through acquisitions continues to pay off in an “all-digital world.” Last week, the world’s most powerful customer relationship management (CRM) platform reported second-quarter earnings that beat analysts’ expectations. It also raised its guidance for third-quarter operating margins and revenues, citing the positive impact of its latest string of acquisitions. I
A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Five Below — The retail stock tumbled more than 10% after the
Sharing is Caring! by Chris Black I hate to tell you I told you so, but I told you so: mRNA vaccines don’t protect you from the deadliest virus in history (/s), and this is proof: NBC Boston: Nearly 20,000 fully vaccinated Massachusetts residents have now tested positive for COVID-19 and more than 130 of
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. There are a lot of narratives to keep an eye on as China enjoyed a relatively quiet week on the regulatory front and
Kevin is the Founder of Marker Real Estate, an innovative firm with a transparent, inclusive, client-focused strategy. In early July 2021, Fannie Mae confirmed something that most real estate professionals already knew: Buyers and sellers are currently on a very different page. Over half of buyers (64%) think it is now a bad time to buy.
press release PRESS RELEASE. Vasyl Virastyuk, the strongest man on the planet in 2004 and 2007, tokenized his autograph through the innovative NFT project PHILOGRAPHY. The strongman was the first to start a partnership with PHILOGRAPHY.BIZ. He provided his original autograph to produce a limited edition of collectible NFT autographs and sell them. This is
The U.S. housing market has been an unlikely beneficiary from the Covid-19 pandemic. During the pandemic, home prices have climbed at a record pace. The median price for an existing home reached over $363,000 in June 2021, a 23.4% year-over-year increase. “You can see in just basically the last 15 months or so, we’ve seen
By Al Emid, Next Avenue There’s a growing phenomenon in the stock market — “fad investing” — and it’s something you don’t want to do with your money. Fad investing means buying a stock just because some type of activity is trending, regardless of the prospects of the actual company issuing the stock or any serious underpinnings behind
The municipal market traded sideways and activity was muted on Thursday as U.S. Treasuries were steady and equities in the black ahead of the much-anticipated employment report to be released Friday. Refinitiv Lipper reported $1.044 billion of inflows into municipal bond mutual funds for the week ending Sept. 1, down from the $1.9 billion a
Over the course of 2021, the United States Federal Reserve has communicated optimism with respect to the economic recovery from the Covid-19 virus and inflation as it looks to move toward tightening monetary policy. While the Fed’s position is that the recent spike in inflation across a range of products, services and metrics is a
Recent data from the United States should worry us. Amid the reopening and the biggest fiscal and monetary stimulus in recent history… by Daniel Lacalle via Mises Recent macroeconomic data from the United States should worry us. Amid the reopening and the biggest fiscal and monetary stimulus in recent history, and with all the possible tailwinds from policy decisions,
Nearly 15 years ago, Alphabet Inc.’s (GOOGL, GOOG) Google purchased YouTube for the hefty sum of $1.65 billion. The actual date the news hit was Oct. 9, 2006. That may seem like a small sum for the behemoth that YouTube is today. But back then, the video site had been around for less than two
Joe Biden has accused the US Supreme Court of unleashing “unconstitutional chaos” after it made a ruling that allows Texas, the second most populous state, to enact a law banning abortions after roughly six weeks of pregnancy. The US president hit out at the court after it issued an overnight judgment permitting the southern state
Wall Street’s leading stock benchmark hit record highs on Thursday ahead of Friday’s keenly watched US labour market report which will help set the path of monetary policies that have shored up markets during the pandemic. The blue-chip S&P 500 was up 0.1 per cent by mid-afternoon in New York, hitting a high, while the
Three percent of RIAs relocated during the coronavirus pandemic, seeking affordable office spaces and more remote work options. Florida saw headquarters increase by 25% between 2020 and 2021, a SmartAsset report found. Small advisory firms were more likely to change their headquarters: Almost 96% of moves were by RIAs with less than $10 billion in
McDonald’s (MCD) stock has really run out of steam in recent months, amid renewed concerns over the Delta variant of COVID-19. Undoubtedly, many restaurants have seen their reopening plans derailed. As the spread worsens over the coming weeks, a number of McDonald’s franchisees can be expected to roll back their recent reopening of dining rooms.
In this article IYG A sign advertising job openings is seen while people walk into the store in New York City, New York, U.S., August 6, 2021. Eduardo Munoz | Reuters August’s employment report is expected to show another strong month for hiring, but it could also give a glimpse at how the Covid delta