Cryptocurrency markets have gathered fresh gains this weekend, as bitcoin’s value spiked above the $60k handle touching $61,222 per unit during the early morning trading sessions on Saturday (EST). Moreover, a number of digital assets saw price jumps as well, as the entire market capitalization of all 9,190 crypto-assets in existence is over $2 trillion
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For decades, the conservative story of trickle-down economics—including, particularly tax cuts for the wealthy and corporations, cutting funding for the common good, and deregulation to promote corporate profits at the expense of workers—, was all the rage. Supposedly, it would create much faster growth. Yet massive inequality amid sluggish growth has proven this argument wrong.
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The municipal market took a breather on Friday after a busy week which brought with it continued strength as triple-A general obligation yield curves were largely unchanged and Treasuries were stronger. A hefty slate of taxables, corporate CUSIP and university-led issues will dominate the calendar next week. An estimated $7.33 billion of new supply is
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People making money are indulging in new cars. At the same time other people are too broke to cover their payments. This is the result of a seriously screwed-up financial system and… by John Rubino of Dollar Collapse Before the pandemic, auto sales were booming, mostly because car loans were available to pretty much anyone with
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From Birch Gold Group It’s been a little while since we examined China’s aim to weaken the dollar through forming its own state-controlled digital currency (also called cryptocurrency). But now it appears that China is moving forward with its own central bank digital currency (CBDC), per the Wall Street Journal. That move could have global implications: A thousand years ago,
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There are many benefits to owning your own condo—chief among them the fact that you own your property. However, along with the benefits, there can be unforeseen hassles. For example, a condo can be more than a financial commitment; it’s a social commitment as well. In this article, we’ll examine these considerations to make sure
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Chinese regulators have fined Alibaba a record Rmb18.2bn ($2.8bn) after finding that the ecommerce group had abused its market dominance. The penalty, which was set at 4 per cent of Alibaba’s 2019 revenues, concludes an antitrust investigation into the company founded by Jack Ma. It comes as Chinese authorities have stepped up scrutiny on dealmaking
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As a locked-down cook, I still have a long way to go. I have continued to try, of necessity. Bad gardeners blame their soil and tools. Bad cooks blame their ingredients. After two failures last weekend, I am blaming my local Co-op store. They have served me loyally all year, for which I am grateful,
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Over the last 12 months, the remarkable growth in decentralized finance has been driven by one thing: the ability of users to earn strong yields on their crypto assets by lending, staking and providing liquidity. Depending on your risk appetite, gains from DeFi investments can run tens or even hundreds of times higher than standard
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Chicago will host a virtual investors’ conference May 6 with the municipal market looking for insights into how the city will use its $1.8 billion of new federal relief, manage rising pension payments and the long-term COVID-19 fiscal fallout. The city has so far only sent out a “Save the Date” for the May 6
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What if we do not need corporate governance, corporate owned pompous politicians, misleading media and central bank debt finance? Submitted by David Bryan author of Two World Systems We never properly question the hierarchy structure and how it interrelates. A very dangerous globalist best selling non fiction book is being heavily promoted. It is called ‘Sapiens’
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Established on Dec. 16, 1998, the Financial Select Sector SPDR Fund (XLF) aims to provide investment results similar to the performance of the S&P Financial Select Sector Index by allocating its holdings similar to the index’s holdings. XLF aims to track the financial sector and allocates its fund in the banking, insurance, real estate investment
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Belfast was braced for another night of unrest on Friday evening as police faced off against a small group that ignited at least one petrol bomb and set bins, trolleys and a car on fire in the loyalist Tiger’s Bay. Leaders from the loyalist and nationalist communities had appealed for calm earlier in the day
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