A child learning mathematics from a computer at home. getty For countless American students, classrooms in the new school year will be next to the living room, or in the kitchen. For parents, this presents a new challenge: finding room and creating an environment conducive to in-house learning, often while they are working from home
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Russian authorities have blocked a number of websites related to cryptocurrency ahead of the country’s crypto regulation taking effect. A popular exchange aggregator website has already been blocked twice and has now received a third notice. Russia Determined to Block Crypto Sites Russia’s Federal Service for Supervision of Communications, Information Technology and Mass Media (Roskomnadzor)
Municipals finished weaker Thursday, with yields on long-dated maturities rising by as much as four basis points on the AAA GO scales. Lipper reported $1.017 billion of inflows into muni mutual funds in the latest reporting period, the 16th week in a row of positive results. Action was quieter in the primary as deals from
We have outlined many factors that impact deferred variable annuity performance: rollup rates and the frequency of their vesting, as well as how long they are applied, step-ups and their frequency, whether rollups stack on step-ups, guaranteed withdrawal rates, death benefits, investment choices, allowed asset allocation and the range of investment offerings, use of volatility-managed
Introduction The Meeting of the Central Bankers at Jackson Hole has just concluded with the main item of interest being the speech made by The Chairman of Federal Reserve, Jay Powell. A major policy shift was the theme in that the U.S. Central Bank was to allow “average inflation targeting.” Roughly interpreted means the Fed
It’s almost like Western civilization is rejecting the idea that actual work has to be done to produce the food, clothing, and shelter humans need to survive… by Simon Black of Sovereign Man The old joke about the 1990s TV show Seinfeld was that it was a show about nothing. Now it looks like Germany
September is known for being a seasonally volatile month, but long-term, some are looking at the glass half full. Goldman Sachs has become more optimistic about U.S. economic growth, as it expects that by Q2 2021, an effective COVID-19 vaccine will be “widely distributed.” Based on this assumption, the firm’s chief economist Jan Hatzius bumped
by Daisy Luther As an American, most of us strongly support the concept of peaceful protests. However, when things turn violent, when property gets destroyed, when buildings and cars are set on fire, and when businesses are looted, rational people can agree that this is wrong. Unfortunately, a whole bunch of irrational people are being
Are mutual fund performance numbers reported net of fees? In other words, is the reported performance of a mutual fund calculated after all expenses are taken out? The answer depends on how you define operating expenses. Let’s look at a cinematic metaphor to clear up this apparent ambiguity. A mutual fund‘s cost is similar to
The mayors of Turkey’s two biggest cities have accused the central government of covering up the true scale of a coronavirus resurgence in the country. Ekrem Imamoglu, the mayor of Istanbul, and Mansur Yavas, mayor of Ankara, said there was a mismatch between the statistics being published by the health ministry and the data they
DraftKings CEO and Co-Founder Jason Robins speaks during the unveiling of DraftKings headquarters March 26, 2019 in Boston, Massachusetts. Darren McCollester | Getty Images Stocks are once again at record high levels — with the S&P 500 now up over 21% on a one-year basis. That’s following Fed Chair Jerome Powell’s more-relaxed inflation targeting strategy,
One of the world’s largest insurance brokers has been accused of forging documents to deceive a client about a policy payout and retain a lucrative relationship with industry giant Axa. In a legal claim filed in London, lawyers for British property investor Aubrey Weis allege that individuals working in the UK office of Lockton altered
Having a star fund manager is an easy way for an asset management firm to attract client money. But for Franklin Resources’s CEO, it’s not worth the disruption when they leave. “Clients get nervous by a star manager, if you appoint one, because then it becomes a succession issue,” Jenny Johnson said. Franklin should know.
Former White House chief of staff under U.S. President Donald Trump Mick Mulvaney is running a hedge fund. Since 2014 Mulvaney has been recognized as a pro-Bitcoin (BTC) official, encouraging practical regulation of cryptocurrencies. The new fund called Exegis Capital was announced during a podcast with S&P Global Market Intelligence. Mulvaney would collaborate with former
Palm Springs’ real estate market is hotter than ever getty The Palm Springs real estate market is hotter than ever. Despite average daytime temps in the 115 range, this summer’s real estate market is going down as the busiest long-time area brokers remember. Valery Neuman, founding partner of Compass Greater Palm Springs continues to be
Beleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending as was the case in the last attack.
getty Price rules. Everything else is just talk. Let’s see, now. There’s a pandemic, and people can’t gather in groups like humans naturally like to do. There’s massive unemployment. Congress is absent, literally and figuratively. There’s a U.S. election coming, and it’s getting nasty. There’s a growing number of global hot-spots, and I’m talking about
The Federal Reserve has already given enough guidance about the likely path of interest rates at this juncture and doesn’t need to offer more, Dallas Fed President Robert Kaplan said. “I would prefer to wait,” Kaplan said Friday during a Bloomberg Television. “I would prefer to get more clarity on the path of the virus.
Gold Quanto futures and Silver Quanto futures contracts will be settled in cash in US dollars. India International Exchange, a subsidiary of the BSE, will launch Gold Quanto and Silver Quanto futures on August 31, i.e. Monday. The Gold Quanto futures will have Indian Gold spot purity 995 as the underlying and Silver Quanto futures
You have to hand it to the sociopaths running U.S. foreign policy, they are very adept at creating no-win scenarios for their opponents… by Tom Luongo via Strategic Culture Foundation You have to hand it to the sociopaths running U.S. foreign policy, they are very adept at creating no-win scenarios for their opponents. Secretary of
Apple (AAPL) has announced that it has terminated the Epic Games account on its App Store, as the dispute between the two companies continues. This means Epic will no longer be able to submit new apps or updates, and the game can no longer be downloaded or re-downloaded. The dispute hinges on Epic’s use of
Authored by Charles Hugh Smith via OfTwoMinds blog, The extremes are not visible to the vast majority of participants, and so they are exposed to high levels of risk they don’t see or understand. The question “Is the weather becoming more extreme?” opens up endless debates because our perceptions may differ from actual measurements since we’re
Approximately 77% of Americans have dental insurance, but it does not tend to cover any sort of cosmetic procedures, including teeth whitening procedures. Key Takeaways Most dental insurance policies do not cover any cosmetic treatments. There are three types of coverage generally covered by dental insurance: preventive, basic care, and major work. Often dental plans
China’s inclusion of new technologies on an export restrictions list could hamper TikTok’s sale in the US, according to state media reports, in the latest ratcheting up of trade tensions between the two countries. China’s Ministry of Commerce revealed late on Friday the government had added items including those related to computing and artificial intelligence
Huawei is focusing on its budding cloud business, which still has access to US chips despite the sanctions against the company, to secure its survival. The Chinese group’s cloud computing business, which sells computing power and storage to companies, including giving them access to AI, is far behind Alibaba and Tencent, the market leaders in
Platinum holdings in ETFs have surged to a record, raising the prospect of a catch-up rally for the precious metal after months of lagging gold and silver. More than 600,000 ounces of platinum have been added to ETFs since mid-May, according to data compiled by Bloomberg, as investor demand partially offsets a drop in consumption
Yearn.finance’s native token YFI has surged by more than 75% in the last 24-hours, achieving a new all-time high at $38,883 on Binance in it’s (USDT) pair. The strong upside move also brought the DeFi-token’s market capitalization above $1 billion. YFI/USDT 1-hour chart. Source: TradingView.com Traders are excited but is YFI overvalued? The general sentiment around
Piggy bank on floor concept for saving, accounting, banking and business account getty This article was previously published in the August 2020 edition of the Forbes Real Estate Investor We believe that most REITs will survive the pandemic, continue to operate, continue to pay their cumulative preferred dividends, and have minimal impairment. This month we
The science of mine and thine – the science of justice – is the science of all human rights; of all a man’s rights of person and property; of all his rights to life, liberty, and the pursuit of happiness. The essay “Natural Law- The Science of Justice” or a “Treatise on Natural Law, Natural
By Kerry Hannon, Next Avenue Contributor Getty Lots of retirees have regrets about their retirement choices. The primary problem: they were too optimistic about their anticipated retirement benefits, which led to them not saving enough during their working years. If they could go back in time, they’d have postponed retiring, paid off debts before leaving