Over the past few months, there have been some major developments coming out of China that have rocked the cryptocurrency market and the global financial markets. China’s Evergrande debt repayment crisis sent shockwaves throughout global equities markets, as well as the United States Securities and Exchange Commission’s (SEC’s) consistent signaling of upcoming regulation for stablecoins
CareCredit is a healthcare credit card designed to assist families and individuals pay for out-of-pocket healthcare expenses that may not be fully covered or covered at all by their primary insurance. This specialized card can help you pay for cosmetic procedures, dental care, health and wellness programs, and, yes, even healthcare for your pet. And
SpaceX’s Starship rocket production facility in Boca Chica, Texas, as CEO Elon Musk (third from the right) and President Gwynne Shotwell (third from the left) tour. Steve Jurvetson on flickr The valuation of Elon Musk’s SpaceX crossed $100 billion following a share sale by existing investors announced this week, CNBC has learned. SpaceX has an
Donald Trump received preferential treatment from Deutsche Bank to ease a loan for his Trump International Hotel while in office, and also failed to disclose the source of $3.7m in billings the property generated from foreign governments, according to a report released by a congressional committee on Friday. In a letter to the administrator of
The pace of US jobs growth stalled for a second straight month, raising questions about whether the Federal Reserve can begin scaling back its enormous pandemic-era monetary stimulus as early as next month. Employers in the world’s largest economy added just 194,000 jobs in September, falling short of the 366,000 gains posted in August and
In today’s market environment, one of the smartest moves an advisor can make in their client’s portfolio construction is to “own volatility.” What do we mean by that? First, let’s think about what a client is trying to accomplish: pursuing or preserving the comfort that comes with knowing their expenses can be met for life
The iPhone’s major selling season is here but J.P. Morgan’s Samik Chatterjee thinks there are “potential risks on the horizon” for Apple’s (AAPL) flagship product and latest model – the iPhone 13. As it is 2021, those risks naturally involve supply chain headwinds. Disruptions are a possibility due to a resurgence of COVID-19 cases in
In this article MRO FANG MRNA OTLY The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico February 11, 2021. Daniel Becerril | Reuters Check out the companies making headlines in midday trading. Energy — Energy stocks dominated the top performing spots in
Sharing is Caring! By Graham Summers, MBA The market has rallied aggressively on the belief that a Debt Ceiling deal will be made. Celebrating a Debt Ceiling deal is like polishing the brass on the Titanic. The U.S. has $28.8 trillion in debt. Two years ago, it was just $22.7 trillion. The Trump administration, despite
As Manhattan real estate enters the fall busy season, it bears asking: What does the market look like today, and where is it headed? After recovery from the pandemic lows last year, the market appears poised for further gains. There are four primary points that we can look at that suggest Manhattan may be at
Over the last few days, cryptocurrency advocates have been discussing the Sat Symbol initiative, a goal that aims to get a specifically designed symbol to represent the smallest unit of bitcoin and also get the symbol widely adopted. The Sat Symbol has been promoted by a number of crypto luminaries but others have offered alternative
By Kerry Hannon, Next Avenue Every once in awhile, while covering the older workers and personal finance beats, I run across a research report that stops me cold. “Hidden Workers: Untapped Talent” fits that bill, revealing the cruel underbelly of hiring. I’d even call it explosive. The findings of the 74-page “Hidden Workers: Untapped Talent” come
When COVID-19 hit in 2020, many concerned New York City residents fled the city, trading their cramped urban apartment lives for the wide-open and relatively safe spaces of suburbia and exurbia. As the pandemic took its toll, many people — especially the wealthier ones — began moving out, along with their tax dollars, at an
Stocks struggled for direction on Friday as investors digested a key report on the labor market’s recovery, which showed a much weaker-than-expected pace of hiring last month. The S&P 500, Dow and Nasdaq each fluctuated between gains and losses, trading choppily after three consecutive sessions of advances. The moves to the upside earlier this week
Gold will reach new highs shortly… by Egon von Greyerz of Gold Switzerland It serves no purpose to hold gold. Why should anyone hold gold when it has lost value against most other assets since 2009. At the end of this article, I will tell you when you must not hold gold and why I
Bitcoin (BTC) faced stiff resistance near previous highs on Oct. 8 as a fresh push over $56,000 quickly ended. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Buying the dip? $53,000 is “logical” Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it came off four-month highs of $56,150. The area near $58,000, which had
Majoring in entrepreneurship can be a good idea, but it is not necessary to become a good business owner or manager. Many people succeed in business without any degree, let alone one in entrepreneurship. The real question is whether you need the extra focus on entrepreneurship. Otherwise, a degree in business or a related field
The Pentagon has been sending special operations forces to Taiwan for several years to help the country prepare for a possible Chinese attack. People familiar with the deployments, which involve rotating special forces for short periods, said the US was training Taiwanese forces partly in connection with the island’s purchase of American arms, such as
This week’s question is from a member of the audience at last month’s FT Weekend Festival, where Luke was in conversation with FT editor Roula Khalaf. I’m getting bored of buying online. Any tips on where to source things that have character and uniqueness? I know the feeling. Over the past 18 months I have
RIAs were consolidated and advisor teams shuffled amongst firms, with Wealthspire and Janney making significant noise. FINRA gave its highest honor to a financial education consultant working with Native American tribes, Envestnet will help customers choose health insurance, the North American Securities Administrators Association wants your input on rules that would make it difficult for
Texas-based YETI Holdings, Inc. (YETI) provides innovative outdoor products, including coolers, drinkware, backpacks and bags. Let’s look at YETI’s recent Q2 2021 performance and understand what has changed in its key risk factors that investors should know. Revenue increased 44.8% year-over-year to $357.7 million, outperforming analysts’ estimates by $29.1 million. YETI witnessed double-digit growth across
Sharing is Caring! by confoundedinterest17 Alarm! It was great to be a “Master of the Universe” (Treasury and MBS trader) since October 1981 when the US 10Y Treasury yield peaked at 15.84% and mortgage rates peaked at 18.63%. Treasury and mortgage rates have generally fallen ever since. But what happens if Treasury and mortgage rates rise?
Looking at the exterior of this chateau in France’s Dordogne River Valley, it’s hard to guess what lies within. The stately, rectangular-shaped house spans matching witches’ hat turrets on either end. The symmetrical stone façade is broken up by three levels of windows – the bottom rung are arch-topped, the others are shuttered. A dark
The central bank of Georgia is advancing its digital currency project. The monetary authority is preparing to launch the CBDC as early as next year and plans to use the blockchain-based version of the national fiat, the Georgian lari, to facilitate retail sales. Georgia to Introduce Digital Lari in 2022 The National Bank of Georgia
Pension cuts and spending measures remain an obstacle to restructuring Puerto Rico’s debt, with the president of the Puerto Rico House of Representatives asking the Oversight Board to provide written commitment to support no pension cuts and a slew of spending measures before he would sign off on a bond restructuring. “Until some accommodation can
Gold Price and Silver Price Today. Here’s the latest update on spot gold prices, currency exchange rates and other precious metal rates in India as on Friday, Oct 08, 2021 Today Gold Price, Silver Price: Gold Rate and along with other precious metal prices in India on Friday, Oct 08, 2021 Published on Oct 08,
The Biden administration’s rhetoric on the debt ceiling has become nothing short of apocalyptic… by Ryan McMaken of Mises Institute The Biden administration’s rhetoric on the debt ceiling has become nothing short of apocalyptic. The Treasury Department has announced that a failure to increase the debt ceiling “would have catastrophic economic consequences” and would, as NBC
Abracadabra Money’s stablecoin Magic Internet Money (MIM) has surged past a $1 billion total supply this month as the project works to provide competition to MakerDAO. Abracadabra is a cross-chain stablecoin lending protocol that operates on Ethereum, Binance Smart Chain (BSC), Fantom, Avalanche, and Arbitrum. Along with MIM, the project also has a SPELL governance
The exponential moving average (EMA) is one of the most commonly utilized forex trading tools. Traders use the EMA overlay on their trading charts to determine entry and exit points of a trade based on where the price action sits on the EMA. If it is high, the trader may consider a sale or short
From the paddocks of rural New Zealand and Australia’s beachside suburbs to Singapore’s high rises, people are facing a daunting new reality: living with coronavirus in their communities. After more than 18 months of relentless virus elimination regimes, governments across Asia-Pacific are forging into the unknown, hoping vaccination rates are high enough to justify the