Stranded container ship Ever Given, one of the world’s largest container ships, is seen after it ran aground, in Suez Canal, Egypt March 26, 2021. Suez Canal Authority | Reuters The massive Ever Given container ship, stuck in the Suez Canal, provides a vivid image for a world economy whose global supply chains were already
By Chris Black Motto: Corn Pop was a bad dude because he got Jim Eagled. Alleged president Joe Biden just gave his first-ever press conference on Thursday night; he waited longer than any POTUS in history to do that, but let that go for now. If you had the gumption to watch it ‘till the
Are you looking for a job? Then you should know that the latest (April 2018) jobs report from the U.S. Bureau of Labor Statistics showed a gain of 164,000 jobs added in April and the unemployment rate dipped to 3.9 percent, the lowest it’s been in 18 years. So, it’s not a bad time to be out
In this article MAXR SZU-DE Maxar Technologies Satellite images give a unique vantage point of the stuck ship Ever Given, as crews work to free the mega container vessel that’s been blocking the Suez Canal for four days. Maxar Technologies‘ WorldView-2 satellite captured high-resolution images on Friday morning, with a close-up look at the dredging
Evan Greenberg does not mind putting his head above the parapet. At the height of the first Covid-19 wave last April, the chief executive of New York-listed insurer Chubb took to the opinion pages of the Wall Street Journal to warn against the risks of “unchecked litigation for any injury linked to the coronavirus”. Forcing
US equities rose and global bond markets weakened on Friday as investors reckoned with a tepid Treasury auction result and data showing a rush to cash after weeks of volatile trading. The blue-chip S&P 500 index climbed 0.6 per cent in New York, while the technology-focused Nasdaq Composite added 0.4 per cent. Yields on the
Raymond James’ Alex. Brown division picked up five advisors managing approximately $700 million in client assets, according to the company. The unit, which Raymond James bought from Deutsche Bank in 2016, serves high-net-worth and ultrahigh-net-worth clients. And like its corporate parent, Alex. Brown, has been trying to recruit talent from its rivals. Last year, the
An unusually rowdy (and informative) virtual panel at the Security Token Summit yesterday reveals the fractious difficulties of bringing regulated assets on-chain — as well as the promise and progress of the tokenized real estate use case despite those hurdles. Michael Flight of the Liberty Fund, Jude Regev of Jointer.io, and Mohsin Masud of AKRU
Don is CEO of DLP Real Estate Capital, a leader in single/multi-family RE brokerage, investment/asset/property mgt., construction, lending. It’s one thing to dream about striking it rich, but quite another to steadily create and grow your wealth through hard work and discipline over many years. So, why do so many — even the very successful —
In this article SQ TWTR BOWX WeWork CEO Sandeep Mathrani told CNBC on Friday the office-sharing firm expects to see a strong recovery in demand as Covid vaccines help control the pandemic. “There’s going to be a huge shift in coming back to work, and we’re a flex provider so we’re completely the person who would
Following the interview with Ma Changchun, the head of the People’s Bank of China-run Digital Currency Research Institute, a recent report indicates that residents from Beijing and Shanghai can now apply for a digital yuan wallet. According to the report, six different Chinese banks will participate in the process. Beijing and Shanghai Residents Can Apply
By Chris Farrell, Next Avenue Age discrimination is deeply ingrained in the job market. Nearly anyone laid off after 50 can tell stories of dismissal, frustration and ageist moments in the hunt for work. Worse yet are the experiences of many older job seekers who are Black, women or have a high school education or
Gov. Tom Wolf wants to put Pennsylvania ahead of a national curve by phasing out the gas tax as a funding source. Wolf, a second-term Democrat, said the tax has become unreliable for funding Pennsylvania’s vast transportation network. He signed an executive order establishing the Transportation Revenue Options Commission, which he said will develop funding
Silver Video 26.03.21. Silver Remains Stuck Near The $25 Level Silver is currently trying to settle back below the support at $25.00 while the U.S. dollar is mostly flat against a broad basket of currencies. The U.S. Dollar Index has recently made an attempt to settle below the nearest support level at 92.70 but failed to
The coming upmove in gold will be extremely strong and surprising. There will be no reason for a major correction before the $3,000 level… by Egon von Greyerz of Gold Switzerland Instant gratification is what drives the world and especially investment markets. I often hear complaints that gold is a useless investment since it doesn’t
They say that politics are downstream from culture – but so are the stock markets. And sometimes, culture informs our investment decisions in ways that we could never have predicted just a decade earlier. The electric vehicle sector is one such sector, in the early stages of its takeoff. EVs are more than just the
In this article MO PRGS NIO LYFT UBER ROOT MSFT F NLY MSGN MSGE BOWX WFC C BAC JPM ZM Take a look at some of the biggest movers in the premarket: BowX Acquisition (BOWX) – The special purpose acquisition company will take office-sharing company WeWork public in a deal worth $9 billion, including debt.
The ever-growing legal marijuana industry has inspired a wave of confidence among eager investors who expect cannabis-related stocks to continue to rise. There are ample reasons to expect that this trajectory will play out, including the recent move toward national legalization in Canada and the increasing number of states in the U.S. which have legalized
Investors are finally getting a look at GameStop‘s fundamentals following a Reddit-fueled trading frenzy earlier this year. Here’s what the company did after the bell Tuesday. It released fourth-quarter results that missed Wall Street’s estimates on the top and bottom lines. In its latest executive shake-up, the company named former Amazon and Google executive Jenna
China has imposed sanctions against UK politicians, entities, lawyers and academics over criticism of its mass internment campaign in Xinjiang, in the latest salvo of an escalating diplomatic spat between Beijing and western nations. Beijing responded angrily to co-ordinated sanctions by the UK, EU, US and Canada this week targeting Communist party officials in the
Shipping companies from multiple countries have contacted the US Navy about the potentially elevated threat of piracy to rerouted vessels after a container ship ran aground and blocked the Suez Canal. The incident, which salvage experts indicated could take weeks to resolve, has forced the industry to contemplate anchoring billions of dollars of cargo at
BNY Mellon Pershing has bolstered the digital connections between its custodial platform and Orion Advisor Solutions growing suite of technology for advisors. Pershing’s advisor workstation, NetX360, now supports bi-directional data flow with Orion’s software, letting advisors move more easily between the two platforms without having to manually re-enter data. Advisors can also use Orion’s digital
Just a few weeks before the filing deadline for U.S. taxpayers, cryptocurrency accounting and data company Lukka said it had raised an additional $53 million in a new funding round. In an announcement today, Lukka said it had completed a $53 million Series D funding round led by Soros Fund Management — a fund created
Here’s why Millennial homebuyers are braving today’s real estate market. Realtor.com’s recent survey with Harris X looks at the reasons Millennial homebuyers are chasing the American dream. Many have been in the market a year encountering multiple offers and bidding wars as roadblocks to homeownership. According to the survey one-third of first-time homebuyers haven’t been able
press release PRESS RELEASE. Tidal Finance, a high-yield insurance platform, offers the ability to hedge against the failure of a DeFi protocol or asset. While reinventing the way decentralized insurance works, Tidal Finance plans to attract participation from the community through a Balancer liquidity bootstrapping pool on 25th March. The Tidal IDO on Polkastarter was
Today’s column addresses questions about how stopping work years before claiming benefits can affect benefit rates, when exactly to submit an application to begin benefits the mont you turn 70 and potential effects of marriage on existing benefits. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic
Municipals maintained a mostly steady tone to firmer by some accounts Thursday following the midday rise in U.S. Treasuries, but primary deals got done with some repricing to lower yields. Refinitiv Lipper reported more inflows into municipal bond mutual funds to the tune of $592.4 million for week ended March 24 and high-yield funds reported
Gold price on Friday jumped to Rs 48,160 from Rs 48,060, while silver price was trending at Rs 65,700 per kg, according to the Good Returns website. Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making changes. In New Delhi, the price of 22-carat
Seemingly overnight, a large segment of America has gone insane… by Sam Jacobs via Ammo.com Seemingly overnight, a large segment of America has gone insane. We’re not talking about the culture of paranoia and safety that has metastasized in the wake of COVID-19 hysteria. We’re talking about the ideological shift, particularly on cultural issues, that has
Shares of Science Applications International Corporation fell 11.1% in Thursday’s extended trading session after the company reported 4Q revenues that fell short of analysts’ expectations. Furthermore, the consulting services provider’s FY22 outlook also missed the Street’s estimates. Science Applications (SAIC) reported revenues of $1.72 billion, which missed analysts’ estimates of $1.78 billion. However, top-line results