Acorns mobile application Acorns Acorns is expanding into the hiring market. The eight-year-old fintech company announced a partnership with online job market ZipRecruiter on Monday, which allows Acorns clients to browse and apply for jobs within the app. Acorns’ hiring portal is the first of its kind for a financial services company. The launch had
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Peter Wells in New York The US reported more than 57,000 new coronavirus cases on Monday, in line with its average over the past week, which in turn is at its highest level since early August. States collectively reported 57,148 new cases, according to Covid Tracking Project data, up from 48,922 on Sunday and compared
Charles Schwab’s $22 billion acquisition of TD Ameritrade may be closed, but there are still lingering questions around what Schwab will do with Veo, its former rival’s popular technology platform for independent advisors. While fintech startups worry that Schwab may not offer the same integration support they enjoyed with Veo, industry insiders say the deal
Juan Benet, the creator of blockchain-based data storage platform Filecoin, has called allegations that miners of its token have been on strike since last week “nonsense.” According to a report by 8btc.com, five of the largest Filecoin miners turned off thousands of rigs to protest the platform’s economic model. Under this system, miners are required to
Beware of unknown callers promising stupendous purchase prices for commercial real estate. RANJAN SAMARAKONE Even in today’s uncertain commercial real estate market, long-term family owners of commercial real estate often get phone calls or emails out of the blue from someone offering to buy their property. Often those communications include a very impressive number that
A great number of Non-fungible tokens (NFTs) have been selling on various marketplaces this year creating tens of thousands of dollars in NFT sales. One particular platform called The Sandbox has been selling virtual land parcels for thousands of dollars worth of ether. The Sandbox is a virtual world that lets players create and own
getty This year marks the 100 year anniversary of the ratification of the 19th Amendment, guaranteeing women the right to vote. Yet issues of gender discrimination both within and outside of the workplace continue to be problematic, putting women at higher risk when it comes to retirement security than their male counterparts. While the recent
It was all about the states Monday as the municipal market saw Hawaii’s rating get slashed ahead of its GO sale on Wednesday while Illinois, Wisconsin and Nevada prepared to competitively sell bonds Tuesday. Meanwhile, the New York City Transitional Finance Authority said Monday it will issue about $1.1 billion of future tax secured tax-exempt
Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! (Kitco News) – The mining sector continues to be undervalued and under-owned by generalist investors and institutions, but that is expected to change very soon,
Weren’t we supposed to be locked in our homes back in March to prevent the spread of this virus? Now they don’t even want us around our own family? by Mac Slavo of SHTFplan Authoritarian Dr. Anthony Fauci wants us to “sacrifice” and give up our traditions and time with family. He is urging Americans
It’s a mixed bag when it comes to opinions on penny stocks. These tickers trading for less than $5 per share divide Wall Street like no other; market watchers either love them or hate them. It’s easy to understand the appeal. First and foremost, you get more bang for your buck. On top of this,
Check out the companies making headlines midday Monday: Halliburton — Shares of the oil field producer popped 2% after the company reported better-than-expected earnings for the previous quarter. Halliburton earned 11 cents per share, topping a Refinitiv estimate 8 cents per share. Revenue, however, missed analyst expectations. American Airlines — American Airlines shares rose more
Dow component Intel Corporation (INTC) reports third quarter 2020 earnings this week after stumbling in July, beating second quarter estimates but lowering guidance due to delays in the rollout of the company’s 7nm-based CPUs. The stock fell 16% after the news, battered by shareholder disappointment and at least seven Wall Street downgrades. The decline stretched
CNBC’s Jim Cramer said on Monday that “we’re in some wacko market” because normally chasing stay-at-home stocks trading at off-the-charts multiples to sales would not make sense, but now the market is rewarding investors who do so. Cramer cited Zoom Video Communications at about 50 times sales and cloud company Snowflake at about 100 times
President Emmanuel Macron’s government has launched a crackdown on Islamists in France after the decapitation of a history teacher by a Chechen Muslim refugee, questioning dozens of militants suspected of promoting violence and announcing plans to ban radical organisations. “Islamists should not be able to sleep easy in our country,” Mr Macron said after an
Any lingering doubts about the wave of consolidation engulfing the US oil and gas industry were put to rest by ConocoPhillips’ all stock deal for Concho Resources on Monday. Valued at $13.3bn including debt, this is not only the year’s biggest deal but the third major transaction in the US shale industry in under three
The IRS is giving taxpayers until the end of the year before it stops its temporary procedures for faxing in Forms 1045 and 1139 for claiming tentative tax refunds, instead of mailing them, which it has allowed as part of its response to the COVID-19 pandemic. In April, the IRS began allowing taxpayers to file
Old hands are selling their Bitcoin (BTC) holdings, according to glassnode’s Coin Dormancy metric. As shown below, dormant addresses selling BTC marked previous tops in BTC. Coin Dormancy of Bitcoin. Source: glassnode On-chain analyst Willy Woo said old hands reliably sold the top until the most recent price cycle. He wrote: “Dormancy is a measure
Contractors install shingles on the roof of a home under construction in Park City, Utah, U.S., on Friday, Aug. 14, 2020. George Frey | Bloomberg | Getty Images The nation’s homebuilders are seeing no fall chill in demand from buyers, and that has the industry more confident than ever. Builder sentiment set a record high
Credit: GN & EP One of the big shifts in behavior throughout the Covid-19 pandemic, among so many others, has been the mad rush of people leaving cities for the suburbs and buying homes at an astonishing rate. There are also families taking advantage of low interest rates to upgrade their current home to something
Room 77, the German bar and restaurant that claims to be the first retail outfit in the world to accept bitcoin payments, has shut down. Cypherpunk Holdings chief economist Jon Matonis broke the news on Twitter. Bar owner Jorg Platzer later confirmed it on Reddit. “Room 77 is closing for good,” Platzer revealed in a
Which is better, a Roth or traditional 401(k)? The main difference between a Roth 401(k) and … [+] traditional 401(k) is the tax treatment of your contributions. getty Which is better, a Roth or traditional 401(k)? The central difference between a Roth 401(k) and traditional 401(k) is the tax treatment of your contributions. Investors make
Roberto RuizStifel, Nicolaus & Co. Title: DirectorFirm: Stifel Age: 37 Roberto Ruiz, a director in Stifel’s San Francisco office, was drawn to public finance by time spent studying in China after he earned his undergraduate degree in psychology. While teaching English and studying Mandarin, Roberto took notice of the infrastructure popping up around him, which
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) - Gold and silver futures prices are higher in early U.S. trading Monday. Support comes from a weaker U.S. dollar index to
You could make a case that US defense spending is so high because of inefficiency and enormous profits hidden in “cost overruns.” If so, then… by Paul Craig Roberts via PaulCraigRoberts.org The US Military/Security Complex Is Destroying Both Peace and the US Economy Paul Craig Roberts Secretary of Defense Mark Esper is a former Raytheon lobbyist
Shares in ConocoPhillips are advancing 2.7% in Monday’s pre-market session after the oil producer announced the $9.7 billion acquisition of shale producer Concho Resources in an all-stock deal. Concho shares are up 3.6%. Under the terms of the transaction, each share of Concho’s common stock will be exchanged for a fixed ratio of 1.46 shares
Take a look at some of the biggest movers in the premarket: Concho Resources (CXO) – ConocoPhillips (COP) will buy its rival energy producer in an all-stock transaction valued at $9.7 billion. Concho shareholders will receive 1.46 ConocoPhillips shares for every share they now own. CNBC’s David Faber had reported last week that the two
by Michael Snyder Will you be safe where you currently are if the election results cause chaos to erupt in the streets of our major cities? A lot of Americans are becoming deeply concerned about their personal safety as we approach November 3rd, because they can see what is coming. It is going to take
The year 2020 has brought a lot of surprises: a global pandemic, an economic downturn, millions of jobs lost, and withdrawal of American leadership from the global stage. But it hasn’t slowed down the initial public offering (IPO) momentum and those looking to profit from IPOs. Key Takeaways This year’s record IPO activity could rival
Danone is overhauling its management and structure and is planning to sell underperforming businesses as it seeks to recover from the shock of the coronavirus pandemic. Chief financial officer Cécile Cabanis, a well-respected executive who has been at the company for 16 years, announced she would leave by February. The moves were a sign of