The writer, a former permanent under-secretary of the Foreign and Commonwealth Office, is a managing partner at Flint Global, a consultancy Does the UK have a foreign policy? The failures in Iraq and Afghanistan curbed our Blairite appetite for intervention. Then the Brexit referendum and the advent of Donald Trump as US president upended the
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JPMorgan Chase is requiring its most senior sales and trading employees to return to their offices by Sept. 21, the strongest move yet by a U.S. bank to restaff its workplaces. The new order applies to managing directors and executive directors who oversee subordinates, according to a person briefed on the plans, which were communicated
A fund launched in March with the aim of tokenizing up to $20 million worth of whiskey has announced its first successful investment round and the purchase of its first tranche of Kentucky bourbon. Wave Financial Group announced Sept. 11 that its Kentucky Whiskey 2020 Digital Fund had bought an initial 1,000 barrels from the
The duplex apartment has three terraces. Elegran Actor Anthony Edwards, best known for roles in the movie Top Gun and TV series ER, is selling his prewar penthouse on Manhattan’s Upper East Side. Edwards, who played Goose to Tom Cruise’s Maverick in the 1986 Air Force movie and Dr. Mark Greene on the first eight
A massive Bitcoin ad campaign has launched in the heart of Hong Kong’s financial district, featuring three Bitcoin trams and 20 matching billboards. It is a community initiative coordinated by the Bitcoin Association of Hong Kong, an organization with more than 5,000 members. The Bitcoin Tram Campaign The Bitcoin Association of Hong Kong announced Friday
By Bob Blancato, Elder Advocate and Next Avenue Contributor Pundit Joel White of Horizon Government Affairs offers his views Panel of Pundits 2020: The Decision Year What’s in store for older Americans from the 2020 presidential election? For answers, the American Society on Aging (ASA) just hosted its Panel of Pundits — an annual event
Congressional lawmakers are showing an increased interest in what they think is the poor functioning of the Federal Reserve’s Municipal Liquidity Facility, and some lawmakers believe changes should be made to expand it to more local governments. During a Municipal Analysts Group of New York webinar, Emily Brock, director of the Government Finance Officers Association’s
What have we learned? by Chris Martenson of Peak Prosperity After nine months of intensive coverage of the covid-19 pandemic, it’s time to start focusing these videos on other subjects just as important to our future well-being. But before I do, what have we learned over the course of these coronavirus videos? Well, for starters:
Red-hot tech stocks fell off a cliff this month, and Netflix (NFLX) stock was no exception — the stock tumbled nearly 13%. Nevertheless, 2020 so far has been bountiful enough for a stock boosted by the coronavirus tailwinds, with shares up by 49% year-to-date. So, can Netflix resume the accumulation of share gains? Or
Buying and owning real estate is an investment strategy that can be both satisfying and lucrative. Unlike stock and bond investors, prospective real estate owners can use leverage to buy a property by paying a portion of the total cost upfront, then paying off the balance, plus interest, over time. While a traditional mortgage generally
The Hyliion Hypertruck ERX Source: Hyliion Inc. Special purpose acquisition company Tortoise Acquisition Corp. and electric truck company Hylioon will vote on their merger on September 28, meaning there will likely soon be another EV player on the market, according to a recent filing with the Securities and Exchange Commission. The companies announced their intention to
Jean-Sébastien Jacques was battling right to the very end to stay at the helm of Rio Tinto. After enduring a two-week hotel quarantine in Perth, the hard-charging chief executive of the Anglo-Australian mining group managed to secure a meeting this week with the Puutu Kunti Kurrama and Pinikura people — traditional owners of an ancient
Shortly after Wirecard collapsed this year, renowned short-seller David Einhorn hit out at auditors for failing to find a fraud that was “hiding in plain sight”. The German payments group, which had been investigated by the Financial Times for years, filed for insolvency after admitting that €1.9bn of its cash probably did not exist. EY,
Citigroup picked Jane Fraser as its next CEO, placing the first woman atop a major Wall Street bank. Fraser will succeed Mike Corbat, who is retiring in February after more than eight years in the top job. Fraser, who was named the company’s president last year in a move that marked her as the heir
Decentralized finance, in a nutshell, promises transparency and offers beneficial terms for borrowers. DeFi platforms are supposed to build an alternative financial system for offering/receiving loans, exchanging currencies, making payments, etc. There are no banks, brokers or trusted third parties, governments are not involved, and finally, notorious middlemen are eliminated. There is just secure, transparent
Big cities across the country are seeing a rise in listings as people move to the suburbs. According real estate company Compass, search traffic has more than doubled with searches for outdoor spaces and pools up substantially since March. Robert Reffkin, CEO and founder of Compass, joins “Squawk Box” to discuss. 04:25 22 minutes ago
Boise, Idaho ranked number one on WalletHubs best overall markets getty Here’s WalletHub’s 2020’s best real estate markets. WalletHub recently crunched the numbers on the best real estate markets comparing “300 cities of varying sizes across 24 key indicators of housing-market attractiveness and economic strength.” The current news of how well many markets are doing
The European Commission, the executive arm of the E.U., has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra. Euractiv, a European news outlet, first reported the news on Sept.10, citing a leaked 167-page draft crypto proposal. According to the report, the regulation will seek to tackle bitcoin’s
getty Compared to generations in the past, millennials have had a tough time in their lives so far. This is a generation of investors who grew up during the Great Recession, are dealing with exorbitant student loan debt, inflated home prices and rent costs, and are now dealing with the economic fallout of COVID-19. Despite
Municipals finished little changed on Friday with yields remaining steady along most of the AAA GO scales. Almost $10 billion of new deals are on the calendar for the upcoming week and once again taxable issuance is well represented with offerings from issuers in Texas, New York and California high on the list. “The theme
Canadian nickel junior Giga Metals (CVE:GIGA) jumped today after Reuters reported that the company and Tesla are in talks. Citing three anonymous sources who are familiar with the meetings, Reuters reported that Giga Metals and Tesla are discussing the development of a large mine that would give the electric carmaker access to low carbon nickel
All this talk about the November 2020 election being close is pure lunacy. It’s going to be a blowout for President Trump in November… Greg Hunter gives The Weekly News Wrap-Up for Friday, September 11th, 2020 All this talk about the November 2020 election being close is pure lunacy. My prediction is it’s going to
The markets might be in turmoil, but spare a thought for the current woes at biotech Amarin (AMRN). Over the past 7 trading sessions, shares have retreated by 44% as investors charged to the exit doors following a botched date in court. Last week, an appeals court rejected Amarin’s appeal concerning a lost patent court
Roberto Machado Noa Check out the companies making headlines midday Friday: Peloton — The exercise equipment maker’s stock jumped 2.5% after the company handily beat earnings expectations for the fourth quarter. The company earned 27 cents per share, compared with the 10 cents expected by analysts polled by Refinitiv. Sales surged 172% during the quarter
The concepts of trading level support and resistance are undoubtedly two of the most highly discussed attributes of technical analysis. Part of analyzing chart patterns, these terms are used by traders to refer to price levels on charts that tend to act as barriers, preventing the price of an asset from getting pushed in a
An antenna for a satellite ground station Amazon Microsoft is looking to challenge Amazon in offering a service that connects satellites directly to the company’s cloud computing network, according to documents the company filed with the Federal Communications Commission last month The effort shows how the two largest providers of cloud infrastructure — data centers in
Firefighters in Oregon were battling 16 separate large fires that have forced authorities to evacuate 40,000 people and alert another 500,000 to prepare to flee, including residents in towns close to the city of Portland. Doug Grafe, the fire chief in the northwestern US state, said on Friday that the three largest fires were in
It’s the women’s style issue (the men’s one is next week). But how do we feel about the “new season”? It’s a weird one, for sure. As the drift of editorial continues to predict “the end of fashion as we know it”, and the market goes long on sweatpants, the idea of autumn trends seems
An ex-Stifel advisor allegedly defrauded an elderly widow of more than $450,000, spending her money on a vacation home, groceries and other expenses for himself, according to the SEC. The regulator filed a legal complaint earlier this month in a federal court in Colorado and ordered Steven Rodemer to pay a civil penalty of more
On September 11, the head of the Seocho regional government proposed a blockchain-powered voting platform for residents, and praised the recent influx of crypto-related developments across the country. According to UpDown Korea, Cho Eun-hee, who is the local government leader of one of Seoul’s most affluent districts, believes that it is the “right time” to