The signs that the breakpoint is nearing continue to emerge at a rapidly accelerating rate… by Chris Marcus of Arcadia Economics What you’re not being told about #silver right now I like to think that I can understand and associate with the frustration in the silver community over having seen the price manipulation go on
admin
Over the last year, Roku (ROKU) has been a prime beneficiary of coronavirus-driven trends. The acceleration of cord cutting – the shift from linear to CTV (connected TV) – has provided the company both with strong market gains and real-world growth. Heading into the steaming platform’s fourth-quarter earnings, expectations were set pretty high. In the
Take a look at some of the biggest movers in the premarket: Deere (DE) – The heavy equipment maker earned $3.87 per share for its fiscal first quarter, compared to a consensus estimate of $2.14 a share. Revenue also beat forecasts, and Deere increased its full-year earnings outlook amid improvements in the agricultural and construction
The failure of a small hedge fund doesn’t come as a particular surprise to anyone in the financial services industry, but the meltdown of a multi-billion fund certainly attracts most people’s attention. When such a fund loses a staggering amount of money, say 20% or more in a matter of months, and sometimes weeks, the
The first image beamed back to Earth from Mars rover Peseverance after landing on the surface. NASA NASA successfully landed its fifth robotic rover on Mars on Thursday, with the U.S. space agency confirming that Perseverance touched down safely on the red planet’s surface. “Touchdown confirmed,” NASA’s Jet Propulsion Laboratory mission control said. “Perseverance safely
Joe Biden and leaders of the G7 group of rich democracies will on Friday vow to boost vaccine supply to the developing world, although divisions remain over the speed at which the west should share “surplus” doses. Boris Johnson, UK prime minister, will host the virtual meeting, which will focus on the fight against Covid-19
A strong manufacturing recovery partly offset a downturn in services across the eurozone in February, according to a widely watched survey of businesses which suggested that the bloc’s two-speed economic performance is intensifying. The IHS Markit flash German purchasing managers’ index for manufacturing surged to a three-year high of 60.6, up from 57.1 in January
A midsize Advisor Group firm tapped its head recruiting executive to be CEO, as the private-equity-backed firm seeks a leg up in the highly competitive advisor talent race. SagePoint Financial picked Desireé Sii to replace retiring CEO Jeff Auld after his 13-year tenure, the independent broker-dealer said Feb. 8. Only five other firms out of
The United States Securities and Exchange Commission has alleged that Ripple Labs executives Bradley Garlinghouse and Christian Larsen manipulated the XRP price by ramping up or slowing down their coin sales depending upon market conditions. In an amended complaint filed Feb. 18, the plaintiff — the U.S Securities and Exchange Commission —reiterated its stance that Ripple
Beneficial owners of small LLCs will soon need to disclose their identity to the federal government. RANJAN SAMARAKONE Small limited liability companies, including many that own commercial real estate, will soon have to disclose to the federal government details on their ultimate ownership, thanks to anti-money-laundering legislation in the 2021 national defense authorization act. Owners
Paying for a roof over your head is usually the top-line item of any budget. Rob and Reshawn Lee viewed their mortgage payment as one of the biggest barriers keeping them from quitting their jobs and becoming entrepreneurs. Rob had a successful career in IT, and Reshawn worked in sales. Together, they would take home
The Binance token has toppled the stablecoin Tether to become the third-largest crypto asset by market capitalization. After starting the month of February a little under $50, the token had raced past the $250 mark on February 19. At the time of writing the token is fluctuating around its all-time high (ATH) and stood at
This article is part of a series. Click here to read the previous articles. Another way to use life insurance as part of a lifetime plan is to view the death benefit as the psychological support needed to purchase a life-only income annuity as part of an integrated plan combining investments, whole life insurance, and
Federal lawmakers and others critical of providing more aid to state and local governments say the money should be more targeted than currently proposed, and warn overspending on relief poses a risk to U.S. financial stability. During a Senate Banking Committee hearing Thursday, Sen. Pat Toomey, R-Pa., criticized the $350 billionof direct federal aid to
TipRanks J.P. Morgan Says These 3 Gold Stocks Could Surge 40% (Or More) Let’s talk about gold. The precious metal is the traditional safe haven investment, backed by its use – starting 5,000 years ago – as a reliable store of value. Investors looking to protect their portfolio and secure their wealth traditionally bought heavily
Overwhelming leverage… Chris Powell interviewed by Patrick V. via SBTV SBTV spoke with Chris Powell, Secretary/Treasurer of the Gold Anti-Trust Action Committee (GATA), about the overwhelming leverage in the global gold market. 90% of the gold the investment world thinks it owns doesn’t exist! FULL SHOW NOTES AND LINKS HERE [embedded content]
Roku posted a profit for the fourth quarter, surprising investors. Additionally, the company surpassed 50 million active accounts, ending 4Q with 51.2 million active accounts. The digital media player company reported diluted earnings per share (EPS) of $0.49, when analysts were expecting a loss of $0.05 per share. Roku’s (ROKU) revenues came in at $649.9
A worker wearing a protective mask arranges shopping carts outside a Walmart store in Duarte, California, U.S., on Thursday, Nov. 12, 2020. David Swanson | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Walmart — Shares of the big box retailer dropped more than 5% after disappointing quarterly earnings. Walmart
ETFs vs. Index Funds: An Overview Exchange-traded funds (ETFs) have become increasingly popular since its inception in 1993. But despite investors’ love affair with ETFs, a closer look shows that index funds are still the top choice for the majority of retail index investors. Here we will look at the reasons why ETFs have become so popular and
During Thursday’s GameStop hearing, Citadel Securities’ Ken Griffin defended a controversial method brokerages use to make money, and said his firm would adapt if new regulations prohibited the practice. Lawmakers finally got a chance to press Robinhood, Citadel and Reddit chiefs about the GameStop trading controversy. Members of Congress spent much of their time prodding
First-time claims for unemployment benefits rose to 861,000 last week, in a setback to the US labour market’s recovery from a winter Covid-19 surge. The number of jobless claims filed for regular state programmes increased by 13,000 in the week ending February 13, from 848,000 the previous week. Fast quarterly growth rates “are not a
The US has offered to attend joint talks with Iran on its nuclear programme in the first concrete step by the Biden administration to deliver on its promise to rejoin the 2015 accord. Iran and the US have stopped complying with the deal — which put limits on Iran’s nuclear programme in exchange for sanctions
House Democrats sparred with the leaders of Robinhood Markets and Citadel Thursday, with lawmakers pressing the firms on whether they’re profiting at the expense of retail investors and complaining that they got few satisfying answers. At a closely watched hearing before the Financial Services Committee, Robinhood’s Vlad Tenev and Citadel’s Ken Griffin took fire on
As decentralized finance continues to increase it hold on the wider cryptocurrency market, Binance Smart Chain (BSC) is beginning to emerge as a suitable option for traders looking to escape from high transaction fees on the Ethereum (ETH) network. With more attention being paid to BSC, DeFi projects operating on the chain have also seen
The traditional-style home at 5545 Dixon Road is the latest home project by designer-homebuilder … [+] Travis Grimm. Hilton & Hyland Creating timeless and elegant spaces for clientele across the United States, Travis Grimm of Travis Grimm Interiors has cemented himself as a name to know in the design world. The designer-homebuilder was featured in
Drew Houston, Dropbox Co-Founder and CEO, speaking at CNBC’s @Work conference in San Francisco on November 4, 2019. Arun Nevader | CNBC Dropbox on Thursday reported a $398.2 million one-time charge in the fourth quarter to reflect the company’s shift to remote work. As the coronavirus emerged in the U.S. last year, companies closed offices
The U.S. Department of Justice (DOJ) unsealed new charges against the North Korean state-sponsored Lazarus Group. The hackers are allegedly responsible for stealing over $1.3 billion in cryptocurrencies and fiat during coordinated cyber-heists. North Korean Hackers Also Developed and Deployed Malicious Crypto Apps According to the announcement, law enforcement expanded charges to Park Jin Hyok,
This article is part of a series. Click here to read the previous articles. Scenario 4 also uses term life insurance, but the difference is that partial annuitization takes place with a joint life income annuity at the retirement date. The use of an annuity allows for a slight increase in the distribution rate from
Municipal yields rose on Thursday by as much as six basis points as the correction to higher yields continues, but if inflows are any indication, the technicals (low supply, high demand) surrounding munis won’t allow rates to rise much higher in the near-term. Those inflows keep coming as Refinitiv Lipper reported $1.955 billion into municipal
Silver markets have pulled back just a bit during the trading session on Thursday to reach down towards the bottom of the range that we have been in for almost 2 weeks. Ultimately, this is a market that is trying to figure out where to go next because silver has so many different things pushing