Americans receiving Social Security benefits in 2022 will see the largest increase in their payments in four decades, according to the Social Security Administration. The 5.9% cost-of-living adjustment (COLA), announced in mid-October, will translate to an additional $92 for retirees’ average monthly benefit next year, bringing that estimated amount to $1,657. While that’s a significant
Municipals were softer with small cuts to benchmarks on Tuesday as the focus was mostly on the sizable new-issue calendar and deals were repriced to lower yields. Spreads have been widening, but secondary trading was on the light side and triple-A benchmarks were cut by only a basis point in spots even as U.S. Treasury
Oil could hit $90 a barrel and copper could see between $11,000 to $12,000 a tonne, said Goldman Sachs’ Global Head of Commodities Research Jeff Currie on Bloomberg. Currie’s interview was released early this week. Copper prices rose today on decades-low supplies and an extreme shortages, according to a report from Reuters. Three-month copper on
It’s a signal for gold bugs of the world, to prepare to feel very happy, while getting much richer! by Stewart Thomson of Graceland Updates 1. Is climate change real? If so, is it the result of burning dirty fossil fuels, or do government airplane “chemtrails” play the main role? 2. What about gold? Price is often soft on
ProShares’ Bitcoin Strategy exchange-traded fund (BITO) saw the highest ever first day “natural” volume for an ETF, with the figure reaching a little over $1 billion by the end of the opening day. It is second overall, tailing just behind the Blackrock US Carbon Transition Readiness ETF which booked $1.16B in volume on its debut
The ProShares ETF is structured to invest in bitcoin futures contracts traded on the Chicago-based CME, rather than investing in the cryptocurrency directly. So the ETF by itself won’t introduce any new demand for bitcoin. However, traders might buy more bitcoin as they look to hedge against the futures price or take advantage of pricing
A car is one of the largest investments you will ever make next to a home. It’s common knowledge that a car depreciates in value the minute a new car leaves the sales lot. What you may not realize, though, is that depreciation is often the single largest cost associated with owning a car. Depreciation
10/19/2021, 10:54:53 PM IMF’s first woman chief economist Gopinath to return to Harvard in January Mamta Badkar in New York IMF chief economist Gita Gopinath will leave the fund and return to Harvard University in January 2022 after a three-year term. Gopinath’s public service leave of absence from Harvard University’s economics department had been extended
Canadian National said on Tuesday that its chief executive Jean-Jacques Ruest will leave the company as soon as January, weeks after UK hedge fund manager Chris Hohn called for his resignation. The Montreal-based railway group said Ruest’s departure was a planned retirement after just over three years in the role. But his exit comes as
As the RIA market continues its inexorable expansion, client service will get more personalized, Charles Schwab executives told advisors at their annual IMPACT conference this week. These were two of the trends of an opening keynote with Schwab CEO Walt Bettinger and head of advisor services Bernard Clark to kick off the conference. Direct indexing,
In this article OMC IBKR NFLX UAL Mario Tama | Getty Images News | Getty Images Check out the companies making headlines after the bell: United Airlines — Shares of United added about 2% in after-hours trading following the airline’s better-than-expected financial results as travel rebounded in the third quarter. United posted a loss of
Sharing is Caring! by Chris Black The Amish were the first large community to achieve herd immunity in the US, have reached zero covid, and don’t have a higher hospitalization or death rate than even the highest vaccinated community in the US. brandnewtube.com/watch/amish-covid-no-media-no-vax-no-problem_AcyLXHa8zEhgptF.html
Investment Specialist, Team Denver Homes - RE/MAX Professionals. If you’ve ever binged a real estate reality TV series, you know how satisfying a before-and-after home reveal can be. With big teams and big budgets, these shows renovate, reconstruct and redesign houses to boost their resale value. It’s entertaining TV, but if you’re an average homeowner, it’s probably
A house for rent in Corona Del Mar, California. Scott Mlyn | CNBC Demand for single-family rental homes is showing no sign of easing up, and that is pushing rents through the roof, especially for the highest-priced properties. As a result, investors are now flooding into the market again, after falling back a bit during
On Tuesday, Concierge.io, the exclusive travel service backed by Travala.com announced it added new luxury services in order to give crypto investors “a more premium experience to live out their travel dreams.” The concierge service for “the crypto world’s elite” details its added experiences like a seven-star igloo in Antarctica, all-inclusive African safaris, and a
Según la autoridad monetaria brasileña, en mayo se dio el pico de adquisición de criptomonedas, con $756 millones en compras. Desde entonces la cifra bajó a $695 millones en junio y a $583 millones en julio, pero fue superior a las de febrero y marzo. En ese momento se adquirieron $386 millones y $357 millones,
When estate planners get together after work, inevitably they swap stories about the rancorous family battles they witnesses over dividing estates. Often, the worst estate battles are over items that seem of little or no value to outsiders. Old furnishings or household items, mementoes that seem to have little value, and similar items often stir
Passing a bipartisan infrastructure bill by month end without also reaching a deal on a reconciliation measure may endanger key municipal market priorities. “Now absolutely is the time,” said Emily Brock, director of the GFOA’s Federal Liaison Center. If lawmakers do not meet the Halloween deadline to pass both the bipartisan infrastructure framework, or BIF,
MarketWatch Gold futures mark first gain in 3 sessions Gold futures settled higher on Tuesday for the first time in three sessions, as weakness in the U.S. dollar helped fuel demand for the precious metal. The market seemed realize that the Federal Reserve’s minutes from the September meeting, released last week, were “leaning a little
There are two ways of getting things done: persuasion or coercion. You either convince someone of the value of… by Sam Jacobs via Ammo.com There are two ways of getting things done: persuasion or coercion. You either convince someone of the value of your ideas or you hold a (literal or metaphorical) gun to their head.
Blockchain analytics firm Chainalysis plans to purchase an undisclosed amount of Bitcoin for the firm’s balance sheet through New York Digital Investment Group’s brokerage services. In a Tuesday blog post, Chainalysis said it will expand its partnership with the New York Digital Investment Group, or NYDIG, to buy an undisclosed amount of Bitcoin (BTC), the
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There are two tax-smart ways to set aside money for college: 529 plans and Roth IRAs. While 529 plans are designed to pay for education, you can also tap a Roth IRA for college even though it’s intended for retirement. Key Takeaways 529 savings plans and Roth IRAs are both tax-advantaged options to save for
Starship prototype 20 is stacked on top of Super Heavy Booster 4 on August 6, 2021. SpaceX Elon Musk’s SpaceX has become one of the world’s most valuable private companies, and Morgan Stanley believes the Starship rockets the venture is developing will have wide-reaching implications. Starship is the massive, next-generation rocket SpaceX is developing to be
The first US bitcoin exchange traded fund launched on Tuesday, capping an almost decade-long push for a cryptocurrency-linked product to appear on a major Wall Street venue. The ProShares Bitcoin Strategy ETF launched on the New York Stock Exchange after the opening bell. While similar ETFs already trade in other jurisdictions, the listing in the
Procter & Gamble has said it will raise prices on more household goods, warning that supply chain costs would be higher than it had previously anticipated. Andre Schulten, chief financial officer, said P&G recently informed retailers that it will begin charging more for some grooming, skin care and oral care products. That follows price increases
After much anticipation, the ProShares Bitcoin Strategy ETF is scheduled to begin trading on Tuesday. To be clear, this isn’t an exchange-traded fund that is backed by actual Bitcoin. Instead, it is backed by futures tied to the cryptocurrency. Before you rush headlong into this market, it’s important to understand that there are crucial differences.
Take a look at some of the biggest movers in the premarket: Procter & Gamble (PG) – The consumer products giant beat estimates by 2 cents a share, with quarterly earnings of $1.61 per share. Revenue also topped Wall Street forecasts. P&G said it was facing increasing commodity and transportation costs, however, and its shares
Sharing is Caring! by Martin Armstrong Italians are taking to the streets to protest the country’s “Green Pass” mandate that requires public and private sector workers to present a vaccine passport or risk facing a suspension and a $1,730 (€1,500) fine. Workers also have the ability to prevent a 48-hour negative test, but that is
Manhattan’s Upper West Side has long been associated with a number of character-laden pre-war co-op properties coveted by household name celebrities. Think John Lennon’s last home, The Dakota. Another example might be the San Remo, favored residential setting for Steven Spielberg, Demi Moore and Bruce Willis. These buildings may be sought by the rich and