When the coronavirus pandemic swept through the world’s cities this spring, office workers had to hurry home. Taking their laptops with them, they entered a new world of meetings by Zoom call and remote working with their families, or flatmates, in the next room. A surprising number found they liked it. Not having to take
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Insurance providers and consumer advocates agreed on little during the recent five-and-a-half-hour Labor Department hearing on its new fiduciary rule replacement, except this: The whole process was rushed. Interested parties had 30 days to comment on the department’s new proposal — less than half the time allotted to the Obama administration’s iteration before it was
The South Asian nation of Bangladesh will soon get its first blockchain remittance system that will allow Bangladeshi expats in Malaysia to instantly transfer wage remittances to their home country. According to a report from The Business Standard, the British national banking service firm Standard Chartered Bank (SCB) today announced the blockchain-based cross-border remittance service
Pixbay One of the familiar refrains of the pandemic is that it is the epitaph of the city. No longer are we working from home, we are now living at work. Consequently, people, like salmon, are retreating to the rural utopias from whence they spawned. Equipped with wifi and a Nespresso machine, they have all
LONDON, the United Kingdom – CEX.IO, one of the largest international exchanges in the cryptocurrency market, is set to launch a digital asset-backed lending service in September. Available in 217 countries and territories – including Australia, the United Kingdom, the European Union, and most nations in Asia – CEX.IO LOAN will allow various cryptocurrency market
The Sorting Office that Google was planning to lease in Dublin, Ireland. Google Dublin Sorting Office Google has decided not to press ahead with plans to lease an office in Ireland with enough space for 2,000 staff. The news was first reported by Bloomberg and confirmed to CNBC by Google. Based in Dublin’s Docklands area,
By Richard Eisenberg, Next Avenue Managing Editor getty Usually, when my “Friends Talk Money” podcast hosts and I record an episode, we’re sharing advice about how to earn more money and manage what you’ve got. But our newest episode is full of warnings on how to not lose money — specifically, to Covid-19 identity theft
Municipals were little changed on Tuesday and off to a slow start post the Labor Day holiday. Triple-A benchmarks showed steady levels from last week while trade volume remained light ahead of the week’s $7 billion new-issue slate. With the “fall fling” about to occur with municipal issuance, yields have reset back to levels of
Silver 4 Hour Price Update Updated September 09, 2020 07:17 AM GMT (03:17 AM EST) Silver entered the current 4 hour candle at $26.626, down 0.94% ($0.25) from the previous 4 hours. Relative to other instruments in the metals asset class, Silver ranked 3rd since the previous 4 hours in terms of percentage price change.
The use of gold swaps and derivatives by the BIS has been extensive… By Robert Lambourne via GATA Monday, September 7, 2020 Use of gold swaps by the Bank for International Settlements increased again in August, according to the bank’s statement of account for the month: https://www.bis.org/banking/balsheet/statofacc200831.pdf The bank’s gold swaps rose by 10 tonnes
Tech stocks took a beating at the past three trading sessions, as the Nasdaq pulled back nearly 10%. In what was possibly the first instance of bad timing in a while for e-signature specialist DocuSign (DOCU), the release of its beat-and-raise fiscal Q2 report was discarded along with the rest of the market’s tech stocks.
Workers walk outside the Tesla Inc. Gigafactory in Shanghai, China, on Friday, Nov. 1, 2019. Qilai Shen | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Tesla – Shares of the electric vehicle company slid more than 14% after it was not added to the S&P 500, despite widespread speculation
by Michael Snyder All over the globe, thousands upon thousands of Christians are being ruthlessly killed simply because of what they believe. But if you only rely on corporate-controlled media sources for your news, you literally never hear about this relentless persecution. In fact, in this article I don’t link to a single mainstream news
What We Know About Buffett’s Successor Investors around the world have wondered who would take the reins of Berkshire Hathaway (BRK.A), once the 87-year-old CEO and the world’s third-richest man Warren Buffett passes away. The answer has yet to be revealed, but the Oracle of Omaha continues to provide hints in his annual reports. Not just that, Berkshire Hathaway
A decline in Italy’s retail sales ended two months of improvement to raise fears for the fragility of recovery in the eurozone’s third-biggest economy that risks widening the region’s north-south gap. Sales fell 2.2 per cent in July compared with the previous month, marking a setback from June’s 12 per cent expansion. Sales in July
Critics of the 2003 US invasion of Iraq have always believed the real motivation was taking control of the world’s second-largest proven oil reserves. Even the architects of Operation Iraqi Freedom were convinced Iraqi oil revenues would quickly fund reconstruction of a US client state that would help redraw the contours of the Middle East
Fidelity’s National Financial Services agreed to its largest regulatory payout in at least 13 years to settle an SEC case involving delivery of prospectuses. The Fidelity Investments subsidiary underwrote the public sale of more than 70 million shares of stock in a fuel cell technology firm for $148 million over a dozen years without providing
The decentralized finance (DeFi) bubble appears to have popped for the time being, with half a dozen top DeFi tokens shedding half of their fiat value over the past seven days. According to crypto market data firm Messari’s list of DeFi assets, 32 of 34 markets are down over the past week — with only
As the pandemic rages on, many people have one less thing to worry about: Getting evicted. No-Mad | iStock | Getty Images What does the ban do? It bans evictions due to non-payment of rent in most residential properties between Sept. 4 and Dec. 31. Who’s eligible? You’ll need to attest on a declaration form that
Eric is real estate investor and founder of MartelTurnkey. MartelTurnkey sells rental properties to investors looking for passive income. getty The Covid-19 pandemic has left millions of people stressed over their finances. The unemployment claims have passed 40 million as more people find themselves in need of assistance. The challenges brought about by the pandemic are
The infamous “Bitcoin Obituaries” has seen another addition to the long list of deaths since bitcoin’s oldest death on December 15, 2010. According to the list of articles with 382 deaths to-date, bitcoin was declared dead again on September 4, 2020. Ever since Satoshi Nakamoto released the decentralized network, a number of people have doubted
Economic Security Planning, Inc. Today’s column addresses questions about restricted applications, 401(k)s and the Windfall Elimination Provision (WEP) and what methods are available to increase benefits after filing. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize My Social Security and
While municipalities will clearly have more budgetary flexibility thanks to a recently enacted New York law that allows municipalities to extend rollover periods on bond anticipation notes by two years, its impact on long-term issuance will be determined largely by the length of the COVID-19 pandemic. “When the economy can recover will dictate what happens
Wallbridge Mining (TSX:WM) said today that initial drilling has greatly expanded the ultimate size potential of the Fenelon Gold System located in northwestern Québec. Recent drilling has extended gold mineralization 500 metres to the west and 850 metres to the south of Area 51. “The new, greatly expanded, footprint of the Fenelon Gold System, together
President Trump signed another EO in May to wean the U.S. off Chinese-made grid components. But that’s not going to happen before the election… by JD Heyes via Natural News (Natural News) A new report from the Department of Homeland Security said the agency is continuing to prepare for a potential electromagnetic pulse (EMP) attack
Explosive seems like the only word that adequately describes Trillium Therapeutics’ (TRIL) gains in 2020. The immuno-oncology company has taken off on an upward trajectory, and is up by a whopping 833% year-to-date. However, over the last few days, shares have experienced a pullback. Does the sell-off indicate the tides are turning? No, says JonesTrading’s
A customer looks at athletic apparel inside a Lululemon store. Xaume Olleros | Bloomberg | Getty Images Check out the companies making headlines after the bell: Slack — Shares of the messaging platform tanked 14% in after hours trading on Tuesday despite its better-than-expected quarterly results. Revenue came in at $215.9 million, higher than the estimated
by Lance Roberts Over the last few months, the markets have become engulfed by a palpable feeling of exuberance. I remember the last time investors were engulfed in a near “panic” to invest. It was 1998, where following a correction, the market began a seemingly endless run to the peak in 2000. I’m not too fond of
Tesla CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai on Jan. 7. Aly Song | Reuters Most investors can relate to the dilemma faced by the S&P Dow Jones Indices committee as it bypassed Tesla for inclusion in the S&P 500 last week. Tesla had more than
Artificial intelligence (AI) exchange-traded funds (ETFs) seek to provide exposure to a fast-growing segment of the technology industry. AI aims to simulate human intelligence, leveraging powerful algorithms to make machines think and act like human beings. While the automation of repetitive tasks and substitution of human labor by machines is nothing new, AI is accelerating