John Malone chairman of Liberty Media Michael Kovac | Getty Images | Vanity Fair) Liberty Media Chairman John Malone told CNBC that Amazon, Apple or Roku could dominate in the crowded streaming space given their ability to scale globally. “I think these global platforms will be enormously powerful,” Malone said in an interview that aired Thursday with
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The European Council president has warned that the EU faces serious obstacles to approving a €1.8tn budget package after Hungary and Poland vowed to veto the measures over concerns on conditions attached to the funding. Charles Michel told a news conference on Thursday that the EU would start intensive negotiations to resolve the impasse as
As many taxpayers are aware, U.S. income taxes are a pay-as-you-go system. Accordingly, taxpayers are generally required to pay their income tax liability throughout the year as they earn their income, with any amounts owed upon the filing of an income tax return serving merely as a truing up between what the taxpayer thought they’d
Since topping out at $18,476 on Nov. 17, Bitcoin price has been flirting with the $18,000 level as bulls fight to flip the level to support and chase after the all-time high at $19,789. While this battle takes place and the bulk of crypto and mainstream finance outlets focus on Bitcoin price, a number of
Spencer Rascoff, cofounder of Zillow Group Inc. © 2016 Bloomberg Finance LP Spencer Rascoff, former CEO of the real estate search site Zillow Z , has bought another Brentwood Park property minutes away from the one he purchased for $20 million a few years ago. This latest acquisition is a more modest three-bedroom, 3.5-bath home
The Trump International Hotel in Washington, D.C. Adam Jeffery | CNBC The Trump Organization’s efforts to sell the Trump International Hotel Washington DC have been put on indefinite hold, casting doubts on the future of one of the President’s biggest financial bets, according to industry executives. The Trump Organization hired Jones Lang LaSalle to shop
The cryptocurrency exchange Coinflex has announced the launch of a unique interest-bearing stablecoin called Flexusd. The new stablecoin is considered to be the first dollar-backed crypto that pays interest at the base level. Moreover, the new token is built on the Ethereum blockchain and the Bitcoin Cash network as well by leveraging the Simple Ledger
Economic Security Planning, Inc. Today’s column addresses questions about whether — and when — severance and paid time off count as wages under Social Security’s earnings test, some potential effects of filing early and some requirements for divorced spousal benefits to be paid. Larry Kotlikoff is a Professor of Economics at Boston University and the
United States Virgin Islands Gov. Albert Bryan Jr. is trying to find ways to avoid a possible 42% cut to its pensions effective January 1. In addition to refinancing its matching funds bonds, and taxing legalized marijuana, the governor is now suggesting a sales tax on retail items imported to the island. U.S. Virgin Islands
TipRanks Shift Into 5G Could Fuel a Rally in These 3 Stocks The tech world is in the midst of a shake-up. Since the end of 2017, the new 5G wireless technology has been moving forward, bringing with it a combination of faster connection speeds and lower latency, and the promise of great changes in
The Great Depression of 1930s occurred because of the Fed’s loose monetary stance from October 1920 to August 1924, which undermined the… by Frank Shostak via Mises In his writings, Milton Friedman blamed central bank policies for causing the Great Depression. According to Friedman, the Federal Reserve failed to pump enough reserves into the banking
Stocks have turned up since the end of October, buoyed by an election that may offer stability and by news that effective vaccines for the novel coronavirus are closer than we had dared to think. The quick market shifts are enough to make investors dizzy – or at least, to get them looking to the
Here are the companies making headlines in midday trading: Shopify – Shares of the e-commerce company advanced more than 5% after Jefferies upgraded the stock to a buy rating. “We have a greater appreciation for SHOP’s ability to deliver robust growth for the next several years and reach ~$10B of revenue in 2025,” the firm
Investors and analysts use a wide range of technical indicators to assess the relative risk associated with a given stock. Optimal risk management involves being able to assess an investment’s risk and profitability potential from all angles, including its performance relative to that of the broader market. Consistent underperformance may be an indicator of limited growth potential
Another 742,000 Americans filed for first-time unemployment benefits last week, as the number of claims increased for the first time in five weeks while the US grapples with a record rise in coronavirus cases. Weekly jobless claims increased by 31,000, alongside a rise of 23,863 in claims for federal pandemic unemployment assistance, the US labour
In Memory Of: Designing Contemporary Memorials, by Spencer Bailey, Phaidon, RRP£49.95, 240 pages Just as the memorials of one age are being picked apart, protested and torn down, we seem ourselves to be living in a golden age of memorial construction. From the Holocaust to slavery and terrorism dozens of designers are working with ways
Dimensional Fund Advisors’ ETFs begin trading today, a first step as the quant giant prepares to convert around $20 billion of mutual funds into the new wrapper. The $527 billion manager based in Austin, Texas, released two actively-managed products, one focused on U.S. equities and the other on international stocks. Another fund tracking emerging market
Matic Network, a smart contract platform acting as both a layer one and layer two for Ethereum, announced on Thursday the full launch of five Chainlink (LINK) price feeds that are set to power its ecosystem. Though there are many promised or existing Chainlink integrations outside of Ethereum, the majority of them are still in
From direct mail to “sold by” signs, marketing has always been vital for agents, brokers and other real estate pros to get their name out there. However, as the industry continues to embrace the digital world, many professionals are looking to increase their digital marketing efforts. As top industry professionals, the members of Forbes Real
Bitcoiners on social media have panned remarks by acting U.S. currency comptroller Brian Brooks that bitcoin is owned by China due to the country’s disproportionate share of the crypto’s mining power. The bitcoiners argue that the disproportionate number of miners stationed in China only means the corresponding block rewards will reflect this imbalance. They add
What will retirement look like for those trying to live on just Social Security Benefits? getty There are people out there who can survive on Social Security alone. Maybe they have always been living on a small income. Perhaps, they have paid off a home or have other ways to live frugally. For the rest of
New Hampshire Republicans seizing control of both chambers in the state legislature grants GOP Gov. Chris Sununu increased power to enact fiscally conservative policies, analysts said. Republicans flipped the previously Democratic-held New Hampshire state Senate and House of Representatives and reelected Sununu to a third term on Election Day. The Granite State swing gives the
TipRanks Analysts Say These 3 Stocks Are Their Top Picks for 2021 The year is winding down, and it’s time for Wall Street’s analysts to start flagging their top picks for the coming year. It’s a time-honored tradition, in most walks of life, to take a sometimes tongue-in-cheek look at what lies ahead, and to
There are endless reasons why we must end the pandemic lockdown agenda once and for all. Most importantly, the lockdowns, mask orders and… by Brandon Smith via Alt-Market With the presidential election highly contested and the mainstream media hyping the rising infection numbers, the public is now facing important questions regarding the future of the
Palantir Technologies has been selected by the US Army to receive one of two prototype contracts to accelerate the army’s network modernization. Shares ticked up 1.8% in Wednesday’s after-market trading. Financial terms of the contract weren’t disclosed. Palantir (PLTR) said the contract marks the first time its Gotham software will be integrated with the army’s
Take a look at some of the biggest movers in the premarket: Target (TGT) – Target reported quarterly earnings of $2.79 per share for the third quarter, well above the consensus estimate of $1.60 a share. The retailer’s revenue beat estimates as well, and a comparable-store sales increase of 20.7% beat the consensus estimate of
BY JOHN RUBINO As Washington borrows and spends to keep the pandemic lockdown from turning into a Greater Depression, federal government debt is approaching the same percentage of GDP as during WW II. This is a nice journalistic hook, especially because the story – as told by the typical reporter – has a happy ending: Yes,
Certificates of deposit (CDs) and bonds are both considered safe-haven investments. Both offer only modest returns but carry little or no risk of principal loss. They are much like interest-paying loans, with the investor acting as the lender. Many investors choose these options as a slightly better-paying alternative to a traditional savings account. However, they
Amazon is laying off dozens of R&D and manufacturing staff working on its much-anticipated delivery drone project, as the company turns to outside help to get its heavily delayed ambitions off the ground. In recent weeks the company reached tentative deals with two external manufacturers to build component parts of its long-awaited drone, billed as
Regeneron’s chief executive said US President Donald Trump ticked all the boxes to qualify for receiving the biotech’s antibody treatment on a compassionate use basis. Leonard Schleifer said Regeneron had a “principled approach” to allowing patients to be treated with the drug, which has not yet been approved, outside of clinical trials. New York City