A former registered client associate for one of the largest wealth managers alleges two financial advisors sexually harassed her and the company retaliated against her for reporting it. Stephanie Henninger accuses Ameriprise of a hostile work environment due to the conduct of advisors Michael S. Maher and Stephen M. Waite II and unlawful retaliation including
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There’s an old saying on Wall Street — almost certainly accurate, as yesterday’s news shows — that when Wall Street analysts say “buy,” they mean buy; when they say “hold,” they mean sell; and when they say “sell,” they mean “it’s already too late — you should have sold yesterday.” Well, Chardan analyst Keay Nakae
Entrance of the Restoration Hardware store in the Meatpacking District of New York. Source: RH RH – Shares of RH surged about 15% after the retailer’s first-quarter financial results beat Wall Street expectations. The home furnisher, known formerly as Restoration Hardware, reported adjusted earnings of $4.89 per share on revenue of $861 million. Analysts were
Sharing is Caring! From Birch Gold Group The last time the Fed was noticeably hawkish was back in August 2018. Starting October 3 of that year, the market imploded (you might remember the Dow losing 5,000 points). Now there could be a “second verse same as the first.” According to CNBC, the Fed appears to be preparing markets to
Combine the best of the Catskills with a rock ‘n’ roll sensibility, Mid-Century Modern design and natural beauty, wrap it in an income property envelope and you get Kate’s Lazy Meadow. Offered by B-52s singer Kate Pierson and her wife, renowned artist Monica Coleman, it is a once in a lifetime chance for anyone looking
The Basel Committee on Banking Supervision has proposed dividing crypto assets into two groups and regulating them based on their market, liquidity, credit, and operational risks to banks. Cryptocurrencies, such as bitcoin, will be subject to “a new conservative prudential treatment.” Crypto Regulation Proposed by Basel Committee on Banking Supervision The Basel Committee has proposed
Charlie Eaton Courtesy: Charlie Eaton The odds of student loan forgiveness happening have never been greater, experts say. Yet a number of large obstacles stand in the way, some practical and others ideological. Does the president have the authority to cancel the debt? Officials at the U.S. Department of Education and the U.S. Department of
The private operator of Puerto Rico’s electric transmission and distribution systems has been plagued by outages and protests since it took over June 1, culminating in a 900,000-customer outage Thursday. LUMA Energy’s takeover of these systems is a central part of the Puerto Rico Oversight Board’s plans to transform the Puerto Rico Electric Power Authority
By David Jarmul, Next Avenue Reed Kimbrough, 70, a former Army pilot and management executive, and his wife Charlcye, 65, who worked in broadcasting and sales, traveled widely before he retired in October 2018 and she in March 2020. They leapfrogged from Colorado to New York City and internationally from China to South Africa. A year
[embedded content] Investors need to keep five main investment themes in mind for the medium to long term: monetary policy, fiscal policy, de-carbonization, restrictive capital policies, and de-globalization, said Robert Minter, director of investment strategy for ETFs at Aberdeen Standard Investments. Commodities are the best way to ensure that all these themes are met, Minter
Economic bust is going to emerge regardless of whether the Fed is going to tighten its interest rate stance or not… by Frank Shostak via Mises The increase in the growth rate of the Consumer Price Index (CPI) has fueled concerns that if the rising trend were to continue the Fed is likely to tighten
This is Part Four of a multipart series that aims to answer the following question: What is the “fundamental value” of Bitcoin? Part One is about the value of scarcity, Part Two — the market moves in bubbles, Part Three — the rate of adoption, and Part Four — the hash rate and the estimated
Barter System vs. Currency System: An Overview The primary difference between barter and currency systems is that a currency system uses an agreed-upon form of paper or coin money as an exchange system rather than directly trading goods and services through bartering. Both systems have advantages and disadvantages, although currency systems are more widely used
One day in 1998, David Diop came across a published collection of letters written by French soldiers in first world war. “That was the point of departure: 23 years ago,” he laughs. That reading culminated in 2018 in his second novel Frère d’âme (“soul brother”). It had already raked in several awards before the English
When Peter Wong announced his retirement this week after a decade as HSBC’s chief executive for Asia, he told staff that turning crisis into opportunity was “embedded” in the bank’s DNA. HSBC has lurched through a series of crises in Europe, the US and South America in the past 10 years — while Wong has
A two-advisor team managing $975 million at Truist has joined Raymond James’ employee channel. Advisors John Gill and Bryan Horner were joined in the move by Mari Hurd, business practice coordinator, and Katie Bosler, senior registered client service associate. John Gill “As financial advisors, we feel a responsibility to choose a partner that shares our
Despite the high volatility, it’s been a positive week for investors in Clover Health Investments (CLOV), but it’s ending in a downgrade to Sell from Bank of America. From Monday’s opening price through Wednesday’s intraday high of $28.85, Clover stock appeared to be on track to triple in share price by week-end. But enthusiasm for
In this article PLAY ZM SNOW VRTX Signage is seen ahead of the IPO for Chewy at the New York Stock Exchange, June 14, 2019. Andrew Kelly | Reuters Check out the companies making headlines in midday trading. Snowflake – Shares of the cloud computing company dropped nearly 4%. The firm presented its financial targets
Sharing is Caring! by Jim Quinn Full transcript of George Carlin’s “Dumb Americans,” excerpted from “Life is Worth Losing, his 13th live comedy stand-up special, performed at the Beacon Theatre in New York City for HBO From Life Is Worth LosingRecorded on November 5, 2005, Beacon Theater, New York City, New York “It’s called the American
Li Ka-shing’s real estate flagship company is said to be mulling a sale of UBS AG’s London headquarters, according to a Bloomberg report on Thursday. CK Asset Holdings is reportedly in discussions with several buyers for 5 Broadgate, a Grade A office building adjacent to the Liverpool Street train and subway station. The company acquired
On Friday, June 11, 2021, data shows that Taproot could get locked-in this coming weekend, as the signal ratio is 98.3% and a touch more than 100 additional signaling blocks are needed to lock in the upcoming soft fork. Bitcoin Upgrade Taproot Inches Toward Lock-in, Success Means Activation in November Participants involved with the Bitcoin
People and students from Worker’s Circle of Boston and members of City Life Vida Urbana protest to rally support behind house bill HD3030, which seeks to stop evictions during the ongoing coronavirus pandemic, at the Massachusetts State House in Boston on March 14, 2021. Jim Davis | Boston Globe | Getty Images Sabrina Floyd doesn’t
By Ivy Eisenberg, Next Avenue Countless people have launched a second act in their 50s. But how many have attempted a third? Had I not been kicked to the curb at 56, I might not be living my best life now in my third act — eight years later. Prologue I knew half a century ago
As the market for ESG-certified bonds grows, Oregon-based Kestrel Verifiers is growing along with it. The eight-person women-owned firm has added two new employees this year and gained marquee clients like Stanford University, the American Museum of Natural History in New York City and the cities of Boston and Seattle, the latter a joint project
BMO Capital markets lauded Ivanhoe Mining’s quick progress on its giant Kamoa-Kakula copper complex that recently started production. Andrew Mikitchook published a note yesterday rating Ivanhoe Mining (TSX:IVN) as an outperform. “Ivanhoe has guided for 2021 production of 80-95,000 tonnes of copper, suggesting a quick ramp up to deliver almost half of the annual 200,000
It is essential to have one’s ducks in a row with with silver being right before breakout to new highs… by Korbinian Koller via Midas Touch Consulting We don’t learn much about the principles of money-making in school. After basic living costs and security, money-making motivation is extending one’s self-expression. That next big purchase, that
Significant price corrections like the one see in May inflict widespread pain for a majority of market participants and can be a death sentence for struggling projects as token holders capitulate and dump their holdings for any price offered. While these periods are useful to help shakeout the weak hands and weed out unnecessary projects,
Profit potential is increased when a trader understands and uses pivots. The term pivot refers to a turning point in the price of an asset and often coincides with key levels of support and resistance. There are two basic types of pivots: calculated pivots (those determined by using mathematical formula) and price pivots (determined by
The clean energy company Invenergy said on Friday that it had been hacked but that it did “not intend to pay any ransom”, after one of the world’s most notorious ransomware gangs threatened to leak embarrassing details about its billionaire chief executive. The Chicago-based private company, best known for building big wind and solar farms,
Turkey 0 — Italy 3 Italy emerged from Friday night’s opening match of the Euro 2020 football tournament in Rome as plausible contenders for the title. Their co-ordinated pressing game tired out the Turks and belatedly paid off with three second-half goals — the biggest haul for the Azzurri in a European Championship game. A