Silver markets have gapped higher to kick off the trading session on Monday, only to turn around and reach down towards the bottom of the gap to fill it quite quickly. After that, we have bounced a bit during the trading session, and now it looks as if we are trying to get closer to
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The Governor of Texas, who won a “wind leadership” award just this month, oversaw the near-collapse of wind energy generation last week. Yet the… by Ron Paul of Ron Paul Institute for Peace and Prosperity Last week Texas experienced a cold snap that resulted in serious statewide damage, death, and destruction. The collapse of the
Shares of Cooper Tire & Rubber Co. shot up by 28% in US late morning trading as the tire company agreed to be snapped up by peer Goodyear Tire & Rubber Co. in a transaction valued at $2.8 billion. Shares of Goodyear jumped 18% and were trading at $16.42. According to the terms of the
Take a look at some of the biggest movers in the premarket: Dish Networks (DISH) – The satellite TV provider rose 3.2% in premarket trading after it reported quarterly earnings of $1.24 per share, well above the consensus estimate of 75 cents a share. Revenue came in above estimates as well. Dish lost a net
Everybody has an opinion on how much cash you should keep in your bank account. The truth is, it depends on your financial situation. What you need to keep in the bank is the money for your regular bills, your discretionary spending, and the portion of your savings that constitutes your emergency fund. Emergency money
The Walt Disney company is in Europe breaking with tradition and ramping up local-language productions, as it pushes to broaden the appeal of the Disney Plus streaming service beyond families. Jan Koeppen, the president of Disney in Europe, told the Financial Times that commissions from France, Germany, Italy and the Netherlands would help to fuel
European equities fell on Monday after three consecutive weekly gains, as concerns over the inflation outlook continued to undermine investor confidence. In Europe, the region-wide Stoxx 600 lost 0.7 per cent in late-morning trading. London’s FTSE 100 benchmark and Germany’s Xetra Dax were both down by 0.6 per cent. A sell-off in US government bonds
Although there are as many as seven to nine million Americans estimated to be living abroad at any given time, widespread knowledge among U.S. financial advisors on how to advise expat clients is lacking — particularly in those parts of the U.S. where few residents leave for more than a few weeks of vacation or
In what seems to be another anti-crypto move by regulators in India, IPO promoters may soon be forced to sell their crypto holdings before being allowed to participate in raising funds. According to a report by the Economic Times, the Securities Board of India may disqualify IPO promoters from raising funds if they hold cryptocurrencies.
Real estate investor, Founder/CEO of TurboTenant: free landlord software – rental marketing, tenant screening and rental applications. getty As 2021 kicks off, there are still various unknowns going on in the world. You might be wondering what rental investing, and specifically your rental investing strategy, is going to look like this year. Since last year took many
Nvidia announced that it will start limiting the efficiency of mining ethereum or any other crypto using its new range of upcoming graphics processing units (GPUs). In a blog post published Feb. 19, the U.S. hardware maker said this limitation will feature first on its new Geforce RTX 3060 card, which is scheduled for release
California revenues for January came in $7.5 billion ahead of projections included in the governor’s proposed budget for fiscal year 2022, according to the state’s Department of Finance. The cash receipts report comes just after Gov. Gavin Newsom and the Legislature announced Wednesday they had reached an agreement on a $9.6 billion stimulus package that
A closer look at what is driving silver prices While the grind higher continues for most securities this February, silver has remained in the spotlight for several reasons. Kicking off the month was a historic level of volatility in the physical silver space, with coordinated attention coming from Reddit via Wall Street Bets. This saw silver
The gold miners’ stocks have had a tough week, sinking to marginal new correction lows. So far this is a technical retest, driven by… by Adam Hamilton of Zeal LLC The gold miners’ stocks have had a tough week, sinking to marginal new correction lows. So far this is a technical retest, driven by a
Music streaming and podcast powerhouse Spotify (SPOT) is another name that outperformed in 2020, with pandemic-led tailwinds being reflected in the stock’s price appreciation over the past year (148% gain in the past twelve months). However, like other COVID-19 “stay-at-home” plays, some may fear this growth story is starting to cool. As a result, Spotify
Fannie Mae—known officially as the Federal National Mortgage Association (FNMA)—is a government-sponsored enterprise (GSE) chartered by Congress to stimulate home-ownership and provide liquidity to the mortgage market. It was established in 1938 during the Great Depression as part of the New Deal. Its purpose is to help moderate to low-income borrowers obtain financing for a home.
Propane tanks are placed in a line as people wait for the power to turn on to fill their tanks in Houston, Texas on February 17, 2021. Mark Felix | The Washington Post | Getty Images Power outages intensified in Louisiana and Mississippi as conditions from a historic winter storm curbed the region’s supply just
George Russell in New York The World Health Organization has pleaded with Tanzania to take more measures to control the coronavirus pandemic as more than nine months have passed since the east African nation provided any update on cases. John Magafuli, Tanzania’s president, last year declared the country “coronavirus free” but doctors and health officials
Dozens of Boeing 777 aircraft have been grounded in the US and Japan after an engine failure that caused debris to be strewn across a Denver suburb. The US Federal Aviation Administration on Sunday ordered inspections of the Boeing 777 planes with Pratt & Whitney PW4000 engines after the incident that resulted in an emergency
For financial advisors looking to move their practice to a new firm, making the transition is rarely a simple process. With so much at stake, there is a long list of complexities and considerations that must be taken into account, from compliance issues and fiduciary responsibilities, to professional ethics and legal and procedural obligations. Understanding
Uniswap and SushiSwap have emerged as two of the top decentralized exchanges (DEXs) that are leading the current DeFi bull run higher. Despite a controversial start for SushiSwap, the last few months have seen it catching up to Uniswap in terms of activity on the platform, total value locked, and the price of its SUSHI
A rendering of the Hilton Hotel Santa Monica Restaurant Avenue Interior Design Renovating a large hotel isn’t an easy project, especially during a pandemic. Still, Andrea DeRosa and Ashley Manhan, founders of Avenue Interior Design have managed a full-scale renovation of the Hilton DoubleTree Santa Monica in Los Angeles converting the property to Hilton’s West
The founder of asset management firm Skybridge Capital, Anthony Scaramucci, has predicted that the price of bitcoin will reach $100,000 before the year-end simply due to supply and demand. “You don’t have a lot of supply out there and very heavy demand,” he said. His firm currently has over half a billion dollars in bitcoin.
“Are you measuring yourself in the gap or the gain?” No, this isn’t a question pitting retail clothing against laundry detergent. It’s a question posed by Greg McKeown, the author of the essential book Essentialism, in his recent 1-Minute Wednesday newsletter. Your answer matters, both in the way you approach money and life—but especially money. “Gap thinking means
Even with a gubernatorial transition on hold for two months, Rhode Island is moving ahead with its March 2 referendum on seven bond issues. Voters on March 2 will decide on $400 million overall to benefit projects in transportation infrastructure, housing, educational building improvements and parks. Outgoing Gov. Gina Raimondo, whose appointment for U.S. Commerce
Americans have clearly lost their way. The same failed ideas are being played out in all the various aspects of our lives. Fortunately… by Ron Paul of Ron Paul Liberty Report Americans have clearly lost their way. The same failed ideas are being played out in all the various aspects of our lives. Fortunately, the
When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at
Adam Jeffery | CNBC After experiencing unusually broad market momentum since November, stocks are overdue for a lengthy pause or a correction. Stock picking will matter from here as the economic reopening determines different winners and losers. According to a team of J.P. Morgan strategists, “it wouldn’t be surprising to witness consolidation” given the current
Small-caps are having a moment. After years of underperformance, companies with a smaller market capitalisation are rising faster than the bigger, blue-chip names that make up America’s mainstream stock indices. The Russell 2000 index of smaller US-listed companies is up by more than 47 per cent since the start of November, when markets began to shoot
The writer is UN High Commissioner for Refugees The decision this month by Iván Duque, president of Colombia, that his government will grant temporary protection status to almost 2m Venezuelan refugees and migrants could turn the tide on one of the biggest crises of its kind in recent history. A move that is both compassionate