A recent collaboration between social influencers Estefannie and Look Mum No Computer, the pseudonym of musician Sam Battle, has resulted in a device that creates sounds (or music, perhaps, to some?) based on the price volatility of various cryptocurrency markets. Battle constructed a mechanism to generate voltage fluctuations as derived from changes in crypto price,
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If you were offered $100 today or $100 a year from now, which would you choose? Would you rather have $100,000 today or $1,000 a month for the rest of your life? Net present value (NPV) provides a simple way to answer these types of financial questions. This calculation compares the money received in the
Mark “Forger” Stucky, after piloting the company’s first successful spaceflight on December 13, 2018. Virgin Galactic Mark “Forger” Stucky, Virgin Galactic‘s flight test director and pilot, is no longer with the space tourism company. “I am now a former Director of Flight Test and former SpaceShipTwo pilot,” Stucky wrote in a post on LinkedIn. He
Artificial intelligence has solved one of the greatest puzzles in biology, by predicting the shape of every protein expressed in the human body. The research was carried out by London AI company DeepMind, which used its AlphaFold algorithm to build the most complete and accurate database yet of the human proteome, which underpins human health
Bitcoin, which dipped below $30,000 earlier this week, is back above $32,000 today, after influential tech chiefs Elon Musk and Jack Dorsey voiced their support at a conference on Wednesday. Musk disclosed for the first time that his private rocket company SpaceX holds bitcoin and that Tesla would “most likely” resume accepting it as payment
When Direxion’s new budget-stock fund starts trading on Thursday, its biggest holding will be one of the most famously expensive shares in the country. A quirk of indexing means that AMC Entertainment Holdings — currently pricier than about 90% of S&P 500 members — has yet to exit the gauge of cheap shares tracked by
In this article DHI LVS LUV NTGR UNP Blackstone Group office in Luxembourg. Geert Vanden Wijngaert | Bloomberg | Getty Images Check out the companies making headlines in midday trading. DiDi – The Chinese ride-hailing giant’s shares shed more than 9% after Bloomberg News reported that Beijing is considering harsh penalties from a massive fine
Sharing is Caring! 30,000 websites down. About to surpass the price of bitcoin — zerohedge (@zerohedge) July 22, 2021 UPDATE – Major websites are offline worldwide, not just in Germany. — Disclose.tv 🚨 (@disclosetv) July 22, 2021 JUST IN – Many major websites go offline in widespread internet outage as Akamai is reportedly experiencing an
n what many continue to term post-pandemic times, a commonly-asked question is whether the suburban housing boom will continue or downtown city living will make a vibrant comeback. With apologies to those who love the decisive ability to come down on one side or the other, it may be possible both outcomes will be realized.
Spacex and Tesla CEO Elon Musk has revealed that he personally owns bitcoin, ethereum, and dogecoin. Meanwhile, his companies, Spacex and Tesla, own bitcoin. He also said that bitcoin’s energy usage “is shifting a lot more toward renewables,” and Tesla will likely resume accepting the cryptocurrency after he does more due diligence. Elon’s Cryptocurrencies: Bitcoin,
SWS Capital Management’s Clear Vision Impact Fund is bulking up on funding and staff. SWS serves as the investment manager for the fund launched by Siebert Williams Shank & Co. LLC last summer as an affiliate. It has built its initial $25 million fund up to $100 million and hired Shannon Smith as a vice
People frequently tell me that they took a financial action at least partly “because it would save a few tax dollars.” Too often, a careful analysis of the situation reveals the action leaves them with fewer after-tax dollars. A classic case is the mortgage interest deduction. People often believe that owning a home with a
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) – BHP, a leading global resources company, announced today the signing of a nickel supply agreement with Tesla Inc., one of
When inflation creates some economic problems while economic growth slows down, gold could finally benefit from the… by Arkadiusz Sieron of Sunshine Profits Powell admits that inflation is well above the Fed’s target, but he still considers it transitory. Gold increased in response – only to fall again. Last week, Powell testified before Congress. On the
New York-headquartered fund manager Global X Digital Assets has filed an application for a Bitcoin (BTC) exchange-traded fund (ETF) with the United States Securities and Exchange Commission. Global X Digital Assets, which is the sponsor of the proposed trust, is affiliated with Global X Management Company, also known as Global X, and Mirae Asset Global
Many businesses offer some form of qualified retirement plan and, in doing so, they fall under the governance guidelines of the Employee Retirement Income Security Act of 1974, better known as ERISA. ERISA establishes guidelines and minimum standards designed to protect employees of private sector companies who participate in retirement and welfare benefit plans. Businesses
Tokyo 2020 has fired the director of its opening ceremony a day before it takes place after footage of him joking about the Holocaust appeared on social media. The departure of Kentaro Kobayashi, who made the reference during a 1998 comedy routine, threw the opening ceremony into further chaos, following the resignation of composer Keigo
The UK business secretary confirmed the government was “monitoring” the situation as supermarkets apologised for empty shelves due to workers being forced to self-isolate after having contact with people with coronavirus. “I know we are seeing shortages,” he said. “I’ve seen the pictures today. We are very concerned about some developments,” said Kwasi Kwarteng. Business
Prudential Financial said it would sell its full-service retirement business to a unit of Canada’s Great-West Lifeco for $3.55 billion as the life insurer continues implementing Chief Executive Officer Charles Lowrey’s three-year transformation plan. The business will be purchased by Great-West’s Greenwood Village, Colorado-based Empower Retirement division. Prudential expects total proceeds of about $2.8 billion
Cassava Sciences (NASDAQ: SAVA) is a clinical-stage biopharmaceutical company that is focused on developing novel solutions for Alzheimer’s disease. The company currently has two clinical-stage biopharmaceutical assets that are under development. This includes the company’s lead therapeutic product, simufilam, a novel treatment for Alzheimer’s disease (AD), and SavaDx, an investigational diagnostic product to detect the
Check out the companies making headlines before the bell: Johnson & Johnson – J&J shares rose roughly 1% in the premarket after the company beat quarterly forecasts and raised its earnings outlook amid strong sales of drugs and medical devices. J&J reported adjusted quarterly earnings of $2.48 per share, beating the $2.27 consensus estimate, with revenue
Sharing is Caring! by Michael Snyder At a time when food prices are already rising aggressively, agricultural production in the United States is being absolutely devastated by a drought that many are calling “the worst” in American history. Once again this week, the latest U.S. Drought Monitor map has extremely bad news for us. In all the
designer491 | iStock | Getty Images The rollout of the $45 billion in federal rental assistance allocated by Congress has been slow and rocky, but more families are starting to get the relief. Some 290,000 households received the aid in June, up from 160,000 in May and 100,000 in April, according to new figures released
Dave Panozzo is the co-founding owner of The Panozzo Team-HomeSmart, a real estate team in Phoenix, Arizona. As a real estate agent diving back into the post-pandemic era of socialization, are you finding it hard to transition back to in-person meetings and talking directly with clients? Last year, in response to Covid-19 lockdown orders, so many
In another world-first for the non-fungible token (NFT) space, Steve Job’s handwritten job application letter in its physical form and an accompanying digital NFT of the same item will go head to head in respective auctions. Auction to Expose How Collectors Value Different Formats As NFTs continue to push the boundaries of possibilities, whether introducing
What do Americans believe about Social Security? A new poll by Nationwide Financial, with splits by generation, gives us some answers. Here are four key items from the survey: Millennials are much less informed about the general nature of benefits: on average, this age group (ages 25 – 40) guessed that the full retirement eligibility
Municipal yields rose slightly outside of 10-years after U.S. Treasuries swung back up double-digit basis points from Monday’s lows as stocks rebounded from large losses on Monday. Municipals largely ignored the losses in UST as triple-A benchmark curves saw cuts of two to four basis points out longer while the short end of the curve
Silver prices rebounded on Wednesday after falling below trend line support earlier in the week. The dollar moved lower, which failed to buoy gold prices, but copper gained a foothold as concerns over the spread of the virus disappeared slightly. U.S. Yields were mixed following the U.S. 20-year auction, where the yield needed to rise
This will continue to cause an earthquake of poverty and wealth inequality which so many blame on wages without understanding the… by Josh Sigurdson via World Alternative Media Josh Sigurdson reports on the inflation apocalypse we are currently facing, not just in the US, but worldwide as unthinkable quantities of currency are printed daily.President Joe
Tesla CEO Elon Musk has revealed for the first time that his firm SpaceX owns Bitcoin (BTC). The company is yet to officially announce how much Bitcoin it has purchased, however Musk’s other company Tesla purchased $1.5B of the cryptocurrency earlier this year which sparked a major Bitcoin price rally. That rally came to an