A view of NASDAQ in Times Square during the coronavirus pandemic on May 7, 2020 in New York City. Noam Galai | Getty Images Entertainment | Getty Images In the ETF space, success begets success. Just look at what Invesco is doing today. They’re launching a new product, the NASDAQ Next Gen 100 ETF (QQQJ).
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Bitcoin (BTC) is winning the battle of the safe havens as another corporate buy-in sees $115 million enter its books. Asset management giant Stone Ridge confirmed that it made the significant purchase via its spin-off New York Digital Investment Group or NYDIG, which now has over $1 billion in assets under management. Economist: Fed must
A Kasa rental in Austin, Texas. Kasa Kasa Living, a startup that offers short-term rentals inside hotels and multi-family properties, has raised $30 million in Series B funding to improve its software and streamline its operations, the company says. The fundraise adds to a previously unannounced $20 million Series A that it closed last year.
The Bank of England has moved closer to adopting a negative interest rate policy. The central bank has asked commercial banks in the U.K. to provide details of how ready they are to deal with negative interest rates, asserting that for the policy to be effective, commercial banks need to be ready to implement it.
This isn’t the only important point when it comes to Medicare, the flu, and the flu vaccine. getty The flu season is coming. We don’t know exactly when it will arrive or how long it will last but it’s on its way. In the United States, flu season generally begins in October, peaks between December and February,
As New York City’s library systems cope with tighter budgets during COVID-19, state-authorized design-build project delivery could help them cut through a capital construction system fraught with delays and cost overruns. The city’s three public library systems have a capital needs backlog of roughly $1 billion. In addition, the city cut $2.5 billion from the
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) - See on the daily bar charts for 10 popular gold/mining stocks that their near-term technical postures have generally improved the past
A radical left-wing group has posted detailed battle plans to take down the U.S. infrastructure and bring the nation to its knees following a Trump victory… by Mike Adams of Natural News (Natural News) A radical left-wing group that claims it is working to stop the “violent white supremacist machine that is the Trump administration
Nestlé S.A. has announced that its wholly-owned subsidiary, SPN Merger Sub, has now bought all of the outstanding shares of food-allergy specialist Aimmune Therapeutics. Nestle said that it has completed the cash tender offer to buy all of the outstanding shares of Aimmune (AIMT), it doesn’t already own at $34.50 per share in cash. Aimmune shares
The big banks start off third quarter earnings season, and investors will be most focused on guidance to see if earnings can propel the market back to its highs. The S&P 500 closed at 3,534 Monday, about 1.5% from its previous high. Banking bellwether JPMorgan reports Tuesday morning, as do Citigroup and BlackRock. Delta Airlines
by Michael Snyder There was a time when preppers were relentlessly mocked, but nobody is laughing now. Today, most Americans are thinking about stockpiling food, and this massive shift in our national mindset has been sparked by concern about what is going to happen in the months ahead. Many Americans believe that another wave of
The capital adequacy of banks is tightly regulated worldwide in order to better ensure the stability of the financial system and the global economy. It also provides additional protection for depositors. In the United States, banks are regulated at the federal level by the Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board, and the Office
Shares across Asia Pacific struggled to push higher in spite of a rally on Wall Street as investor fears waned over the potential for a disputed result in the US presidential election. Japan’s Topix index edged up 0.2 per cent on Tuesday as South Korea’s Kospi dropped 0.2 per cent. China’s CSI 300 index of
Peter Wells in New York The US reported its smallest increase in coronavirus deaths in two weeks on Monday, but hospitalisations topped 35,000 for the first time in nearly six weeks. States attributed a further 284 deaths to coronavirus, according to Covid Tracking Project, down from 464 on Sunday and compared with 326 on Monday
Remember when finding a home close to your office, in a trendy neighborhood, or zoned to a specific school district was a top priority? These days, things are different. In this post-pandemic world, the classic real estate motto of “location, location, location” is no longer what’s driving buyers. Now, it’s all about “deal, deal, deal”
American Economist Stephen Roach: ‘U.S. Dollar in the Early Stages of Sharp Decent’ American economist and former chairman of Morgan Stanley Asia, Stephen Roach said on Sunday that he believes the U.S. dollar will “crash faster and harder.” Roach said similar statements during an interview back in June, and his latest commentary stresses … read
SINGAPORE — Global real estate prices have largely held their own in the face of an unprecedented economic hit from the coronavirus pandemic, says Sean Darby, global head of equity strategy at Jefferies. “It’s been perhaps one of the most fortunate events for policymakers in that we’ve not really seen any significant declines in global
Silver prints mild losses while staying below short-term resistance line, 200-bar SMA. Easing RSI from the overbought conditions, weak MACD favor sellers. Last Monday’s top can lure short-term bears, bulls need an upside break of early-September low for fresh entry. Silver prices remain on the back foot, currently down 0.30% at $24.95, during Tuesday’s Asian
Since the IMF makes a career out of lending money to countries that can’t repay it, why not just give the money away in the first place and keep the gold? by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Since the International Monetary Fund makes a career out of lending money to countries
October is the month of tricks or treats, and Roku (ROKU) investors are hoping for more of the latter. Roku shares are up 17% this month, and according to the Street’s biggest fan, there’s more upside on the way. Needham analyst Laura Martin raised her price target from $190 to a Street high of $255, suggesting
Attendees visit the Disney+ streaming service booth at the D23 Expo on August 23, 2019 at the Anaheim Convention Center in Anaheim, California. ROBYN BECK | AFP | Getty Images Check out the companies making headlines after the bell: Disney — Shares of the media giant rallied more than 4% in after hours trading on
by DCG In April, I did a blog post entitled, “When you prepare for something that is not coming, you just may destroy yourself.” Many of us “non-experts” questioned the rationale for shutting down economies in order to “flatten the curve” of a virus. Social media platforms silenced many who also questioned the rationale of lockdowns. Remember
Some insurance companies have combined with brokerage companies, banks and other financial institutions to offer their customers a wider range of services. That is certainly the case for the Canadian insurance industry, which has experienced a number of acquisitions and mergers. Below we explore the five largest Canadian insurance companies defined by their annual revenue in 2019.
Dillard’s department store. Source: Zereshk | Wikipedia Shares of Dillard’s jumped 45% on Monday after one of Warren Buffett’s investing lieutenants disclosed a personal stake in the embattled retailer. According to filings with the Securities and Exchange Commission, Ted Weschler, who is an investment manager at Berkshire Hathaway, bought roughly 1.08 million shares of Dillard’s,
The first confirmed case of Covid-19 reinfection in the US has added to doubts about “herd immunity” from the virus, and worried experts because the patient became more seriously ill following the second infection. A Nevada man tested positive for Sars-Cov-2, the virus responsible for Covid-19, after developing moderate symptoms in April. He then suffered
Disney has reorganised its operations to put a higher priority on streaming, days after activist Daniel Loeb urged the world’s largest media company to invest more in the business that Netflix has pioneered. Disney said it would separate content production from distribution, with an eye towards making television shows and movies to feed into its
Ledger is mostly known for its consumer-facing hardware wallets, but since last year, a number of enterprises have also begun to use Ledger Vault, according to the company’s vice president of product, Jean-Michel Pailhon. This product is focused on providing custody solutions to enterprise clients. In fact, the Ledger team is currently trying to sell MicroStrategy
Reports show a shortage of millions of affordable homes currently in the US. Adobe The perfect storm of affordable housing crisis is brewing right now; a threat made up of the already low supply that is hitting the increasing post-pandemic demand head on. Before the pandemic, supply was an issue. The National Low Income
The original Silk Road marketplace has been shut down for well over seven years now and to this day, 444,000 bitcoin worth $4.8 billion is still missing. Just recently, a report focused on those funds discusses one of the market’s biggest mysteries and how people have seemingly forgotten about this massive stash. A number of
Bitcoin bounced close to $11,600 before retreating a bit while ether options traders are less active than they were in September. Bitcoin (BTC) trading around $11,552 as of 20:00 UTC (4 p.m. ET). Gaining 1.7% over the previous 24 hours. Bitcoin’s 24-hour range: $11,186-$11,598 BTC is above its 10-day and 50-day moving averages, a bullish