JPMorgan Chase said it plans to hire 300 additional Black and Latino wealth advisors by 2025 to serve more clients from those communities and allow employees from diverse backgrounds to advance in their careers. “We want to drive a step change in the representation of financial advisors” at JPMorgan, Kristin Lemkau, chief executive officer of
Decentralized finance has taken a back seat to nonfungible tokens over the past month but this hasn’t stopped the top DeFi projects from developing and strategizing how to grow their ecosystems and market share. One project that has outperformed the field as of late is PancakeSwap (CAKE), the Binance Smart Chain-based automated market maker (AMM)
Forbes Global Properties is the preeminent consumer marketplace for luxury real estate, featuring the world’s finest homes for sale and the agents representing them. Established in 2020 by real estate luminaries Jeff Hyland and Bonnie Stone Sellers, the company is owned and operated by brokerages and features offices in more than 75 locations worldwide. The
Galaxy Digital CEO Mike Novogratz has predicted that as much as a trillion dollars could flow into bitcoin over the next year as wealthy baby boomers get into cryptocurrency. With the example of Morgan Stanley, he says that more banks will start offering bitcoin exposure to their customers. $1 Trillion Could Flow Into Bitcoin Michael
Many retirees and people who took Covid-related retirement plan distributions might need some extra time to work through their 2020 tax returns. Those who took distributions from traditional IRAs at any point during 2020 will receive a Form 1099-R reporting the distributions to them and the IRS. Putting these on your tax return to minimize
A retired broker has agreed to pay $5,000 to settle Financial Industry Regulatory Authority charges that he violated a municipal securities rule by stuffing the account of a more than 100 year-old customer with risky high-yield muni bonds. Jeffrey Fladell, who retired from RBC Capital Markets in 2017, agreed to pay that fine and be
Silver prints mild losses but stays above the key support zone comprising 200-day SMA. Bearish MACD failures to extend last week’s recovery favor sellers. Monthly resistance line, 50-day SMA restrict immediate upside. Silver trims intraday losses from $24.88 while taking rounds to $25.00, down 0.13% on a day, during Monday’s Asian session. Even so, the
An inflation supercycle is beginning… by Morris Hubbartt Super Force Signals A Leading Market Timing Service We Take Every Trade Ourselves! Email: [email protected] [email protected] Here are today’s videos and charts. The videos are viewable on mobile phones as well as computers. Double-click to enlarge the charts. SGS Key Charts, Signals, & Video Analysis Super Force
What goes up must come down, as we all know. This fact of physics is the underlying worry of the stock market, that fuels our suspicions of bubbles. But investment firm Goldman Sachs doesn’t believe we should worry; the firm’s chief global equity strategist Peter Oppenheimer gives several reasons to expect that the market’s current
What Is Polybius? The Polybius project, established by the Estonian company Polybius Foundation, is a digital cryptoproject focused on creating a financial institution that utilizes blockchain technology. When it was launched, it was the first fully digital European bank to be crowdfunded by its users. The Polybius Foundation was founded in 2017 in Tallinn, Estonia.
In this article ALC-CH UPST CURI SMTC ALXO The logo of Alcon is seen on the company’s corporate headquarters in Huenenberg, Switzerland, on Monday, Jan. 4., 2010. Peter Frommenwiler | Bloomberg | Getty Images As the first quarter of 2021 winds down, analysts are taking a look at the stocks in their coverage universes and
Archegos Capital, a private investment firm, was behind billions of dollars worth of share sales that captivated Wall Street on Friday — a fire sale that has left traders scrambling to calculate how much more it has to offload, according to people with knowledge of the matter. The fund, which had large exposures to ViacomCBS
The latest UK economic data has been significantly better than economists expected, suggesting households and companies have been more resilient to the latest lockdown and Britain will climb international economic performance league tables in the months ahead. Most of the important economic data for the period of the lockdown that began on January 4, including
The race to the bottom continues as two of the largest ETF issuers are slicing what investors pay in the $6 trillion industry’s battle to manage the most cash. Just a day after BlackRock cut fees on $7.6 billion of its style ETFs, competitor State Street Global Advisors slashed them on two of its bond
An IT security researcher has been able to adapt Nintendo’s first major handheld game console to mine cryptocurrency. According to a recent YouTube video, user Stacksmashing used the hardware from a Nintendo Game Boy first released in 1989 as a starting point to mine Bitcoin (BTC). Because the gaming console has no built-in wireless capabilities
One of the brightest spots in New York City’s real estate market has been the increasingly high interest in affordable housing investment from a range of market players. Particularly now in a more risk-averse market, affordable housing presents a great deal of stability and security for owners, and more housing stock is on the way
Since well before the Covid-19 outbreak was found in America, the U.S. Federal Reserve invoked a number of monetary easing policies. Then throughout 2020, the central bank created a quarter of all the USD ever issued in less than 12 months to help the economy during the outbreak. Despite Fed Chair Jerome Powell and other
Today’s column addresses questions about benefit rates after filing early, who can still file restricted applications for spousal benefits only and what happens when a disabled child turns 18. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc, which markets Maximize My Social Security
The Internal Revenue Service has made a preliminary determination that 2017 tax-exempt refunding bonds for an Arizona county jail and law enforcement center should be treated as retroactively taxable. The IRS said in a March 10 letter the $29.5 million in jail refunding bonds issued in 2017 by Santa Cruz County meet the private business
Subscribe to Kitco Roundtable on iTunes The adjustments miners had to make during the pandemic may have resulted in speeding up automation, said Eric Winsborrow, EVP Corporate Strategy, Wenco International Mining Systems. On Friday Winsborrow joined editor Neils Christensen, Kitco correspondent Paul Harris and mining audiences manager Michael McCrae to record a podcast. A subsidiary
Socialism leads to rapid ruin, while Fascism leads to a longer and drawn out ruin. The destination is the same regardless of… byRon Paul of Ron Paul Liberty Report Socialism & Fascism are two sides of the same totalitarian coin, with the latter ideology being an offshoot of the former. While Socialism preaches the State
For investors seeking a strong growth option, and willing to take on some added risk, the biotech sector offers an unparalleled opportunity. Unlike other names, biotech companies often rely on only a few key milestones like data readouts or FDA approvals. So, when a particular result goes a company’s way, the news can act as
by Martin Armstrong While the general overview of this market by most technicians has been bearish simply based upon how high the market has risen, we are also in an interesting position where the fiction of vaccines is providing some underlying support. Based upon RELIABLE sources, this entire Build Back Better motto and a scheme
Mortgage rates hit all-time lows repeatedly in 2020 and through early 2021 amid the impact of the COVID-19 pandemic. Rates have started to drift higher over the last few weeks and may continue to rise modestly through the year. If you’re thinking of getting a mortgage or refinancing the one you already have, there are
Myanmar suffered its deadliest day since last month’s military coup, as an army rampage across the country left more than 100 people dead and drew rebukes around the world and accusations of “mass murder”. At least 114 people were killed on Saturday, according to local media, the most in a single day since the military
María Antonia Llull’s Mallorca-based hotel chain is losing at least €1.5m a month, but she hopes this summer will be its salvation. The coronavirus pandemic has shuttered almost all of its 30 hotels for months and the group, Hipotels, has put nearly all its 3,000 staff on furlough. Only its Cancún establishment — its sole
It used to be the ultimate Wall Street insider deal: Buy into the latest hot company before its shares start trading. Now, at least two retail brokerages are looking at giving their customers early access to initial public offerings and the opportunity to buy shares at the same time as professional asset managers. SoFi, which
It is not known if Satoshi Nakamoto created Bitcoin (BTC) alone, if they had help from others, or whether they themself are just a pseudonym for a developer collective. However, after the launch of Bitcoin on Jan. 9, 2009, Nakamoto worked to improve the software by receiving feedback and opinions from several collaborators. Among them
Rising high on the Sydney skyline is a trophy home like no other. The mansion-sized penthouse, perched atop a triangular-shaped glittering bank tower, is one of the crowning jewels of the city’s residential high-rise market. It’s private, secure and unexpected. At some 600 feet up from the pavement, the Boyd Residence can be reached only
Bitcoin prices surpassing the $60,000 milestone undoubtedly woke up a massive wave of joy across the crypto community. However, such an accomplishment didn’t bring happiness to a married couple, who split up after a dispute on whether to sell bitcoins at that price level or not. Wife Left the House to Stay With Her Sisters