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WILMINGTON, DELAWARE – SEPTEMBER 04: Democratic presidential nominee Joe Biden speaks during a … [+] campaign event September 4, 2020 in Wilmington, Delaware. Biden spoke on the economy that has been worsened by the COVID-19 pandemic. (Photo by Alex Wong/Getty Images) Getty Images Joe Biden has promised a vast array of new spending — not,
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Austin will price $271 million of debt next week after losing one of its three triple-A ratings. Moody’s Investors Service on Thursday downgraded the city’s general obligation bonds to Aa1 with a stable outlook, citing “high leverage and fixed costs attributable to the city’s pension and other post employee benefit plans.” Moody’s had rated Austin
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The next phase will see massive dark clouds of money covering the sky…  by Egon von Greyerz of Gold Switzerland The buzz word of Central Bank Chiefs at Jackson Hole was INFLATION: “The Fed to tolerate higher inflation” says Powell, “ECB to inject more monetary stimulus to ensure inflation” says ECB Chief Economist, “Bank of England has ample fire power
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Participating in an investor conference call can provide you with a sense of comfort in your investment decision. Alternatively, it may encourage you to walk away and drop the stock from your portfolio. There are many benefits to having a one-on-one conversation with those at the head of the corporations you invest in. For example,
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It was perfect ju-jitsu. After weeks of watching US president Donald Trump pressure Chinese tech company ByteDance to sell its social media app TikTok to Microsoft, Beijing struck back, using one of Mr Trump’s own weapons of choice — export controls. Chinese authorities expanded the Middle Kingdom’s list of controlled exports to include algorithms, which
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Cristina Celestino on Caffè Concerto Cucchi, Milan“I love the exaggerated size of the palm tree and also the surreal effect of the tropical tree in a bourgeois, old-style Milan room, such as the tearoom of the Pasticceria Cucchi. I chose it because it reminds me of a desert oasis.” Sogliano Cavour holiday home, Lecce Ludovica+Roberto Palomba on Sogliano Cavour holiday home, Lecce“For this
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Not unlike many other jurisdictions around the world, Russia has come to recognize the potential benefits and risks flowing from cryptocurrencies by taking its first step to define and codify digital assets. The new Russian legislation dubbed “On Digital Financial Assets” sets a clear direction for the treatment of cryptocurrencies by authorities and how both
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The affects of indoor air quality is top of mind as we spend more time at home Is your vacuum spewing particles back into the air? picture alliance via Getty Images The EPA cites indoor air quality (IAQ) as one of the top five environmental risks to public health. Since the pandemic’s March shut down,
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Rendering of Maude Park, Middlefield Park Source: Google When Google announced plans for its new Mountain View tech campus this week, it didn’t look like the Silicon Valley campuses that preceded it. It’s an even starker contrast from Apple‘s high-profile “spaceship” campus just several miles away, whose completed design garnered worldwide attention just two years
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Saving for retirement is hard enough without having to manage multiple investment accounts. With the proliferation of tax-advantaged accounts, however, many individuals juggle several if not more than a dozen retirement accounts. An investment tracking tool can help manage all of these accounts in one place, and below are the three best investment tracking apps
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A big decline in the unemployment rate in August is “worth celebrating,” but could take the pressure off lawmakers to help the economy, according to economists. The unemployment rate fell to 8.4% from 10.2% the month prior, while nonfarm payrolls climbed by 1.4 million, according to the Labor Department. Economists polled by IFR Markets expected
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6 September 2020 15min read PREVIOUS ARTICLE Irrational Exuberance on Stero… The silver miners’ stocks have had a roller-coaster ride of a year, getting sucked into March’s stock panic before skyrocketing out in a massive upleg. While much-higher prevailing silver prices radically improve silver-stock fundamentals, Q2’s national economic lockdowns to fight COVID-19 wreaked havoc on
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A shocking new video has surfaced that appears to show a compound housing a large number of people who are descried as Antifa agitators… by Mike Adams of Natural News (Natural News) A shocking new video has surfaced that appears to show a tent city compound in Portland, Oregon, housing a large number of people
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When it comes to unemployment, different parts of the U.S. are affected in distinct ways by the current economic circumstances. While the national unemployment rate provides a good indicator of how the country is doing as a whole, it can diverge considerably from what you might be facing in your home state. That’s where the
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The euro’s rapid rise in recent months has set alarm bells ringing at the European Central Bank, with its policymakers worrying that the currency’s strength is holding back the bloc’s economy and dragging down prices. After ECB officials voiced those concerns last week, the euro retreated after briefly touching a two-year high of $1.20. “The
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You cannot sustain a crisis mode forever, Julie Sweet observes, on one of the video calls that have become her default communications tool since Covid-19 hit.  The upheavals wrought by the pandemic have inevitably defined the year since the former head of Accenture’s North American operations became the 500,000-person global consultancy’s first female chief executive.
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Dan Kamensky’s legal crisis deepened Thursday as U.S. prosecutors said the Marble Ridge Capital founder coerced Jefferies Financialinto abandoning an offer for shares in bankrupt retailer Neiman Marcus so his hedge fund could obtain them at a lower price. Kamensky, 47, was arrested and charged with crimes including securities fraud, extortion and obstruction of justice
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Two Electrum software wallet users have recently reported the loss of large sums of Bitcoin (BTC). One victim described the disappearance of 1,400 BTC, totaling $14,595,000 at press time, while another claimed 36.5 BTC, worth $380,512, as stolen. The events appear connected to a long-standing phishing scam affecting Electrum users since 2018.  “Users need to
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Municipals were little changed on Friday ahead of the holiday-shortened trading week. Markets are closed Monday in observance of Labor Day. Munis yields remained steady along most of the AAA GO scale as the day’s trading action was focused on California and New York paper. Primary marketIHS Ipreo estimates supply for the upcoming week at
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[embedded content] In order to transition towards a fully renewable energy-based economy, the problem of intermittency in non-fossil fuel electricity generation first needs to be solved, said Donald Sadoway, professor of materials chemistry at MIT. “I wanted something that was versatile and could go wherever you needed to have the gap, bridge, when the sun
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