In this article VIACA PFE DISCA APO RUN BIDU PTON TME BILI BA MSFT AZN-GB BNTX Take a look at some of the biggest movers in the premarket: AstraZeneca (AZN) – The drugmaker’s stock fell 2.9% in premarket trading after an independent monitoring board told U.S. health officials that the company may have given incomplete
by Charles Hugh-Smith Borrowing a quarter of the nation’s entire economic output every year to prop up an ineffective, corrupt status quo is putting a Band-Aid over a tumor. If we misdiagnose the disease, our treatment won’t work. We’re all familiar with medical misdiagnoses, which lead to procedures and prescriptions that can’t possibly fix the patient’s
Bank guarantees and medium term notes (MTNs) are different types of instruments that serve different purposes for corporations. Bank guarantees are instruments issued by a bank or other lending institutions ensuring that the money owed by a debtor will be paid. In other words, the bank or lending institution is promising to be liable if
A man looks at GameStop at 6th Avenue on February 25, 2021 in New York. John Smith | Corbis News | Getty Images GameStop snapped a five-day losing streak with a significant surge on Thursday, as shares of the retail company rose roughly 50% and showed that their wild swings are not yet over. The
Joe Biden doubled his goal for coronavirus vaccinations to 200m in his first 100 days in office as he used to his first presidential press conference to claim progress against the pandemic and set the stage for new battles with Republicans on immigration, the economy and voting rights. After waiting 64 days to meet formally
Rape allegations against two members of Australia’s ruling Liberal party have already sparked widespread protests and demands for an end to violence against women. But the leak of a shocking video this week showing a male staff member masturbating on a female MP’s desk plumbed new depths of depravity, igniting fresh calls to stamp out what critics say is
Thousands of advisors are working from home due to Covid-19. Christian D’Urso took the unusual step of giving up the office for the open water. Since June, D’Urso has been running his $110 million advisory practice from a sailboat off the East Coast. He had long wanted to work remotely, but the pandemic and the
On March 25, concerns surrounding the record-breaking $6.1 billion (BTC) options expiry this Friday sparked an overnight sell-off that dropped Bitcoin price to $50,400. The downturn was not a surprise for many traders and some called for a possible test of the $47,000 support level. Despite Bitcoin’s loss of bullish momentum, several derivatives indicators, including a
Luxury Portfolio International (LPI) takes a deep dive into the state of luxury real estate. New research from LPI shows that the ratio of affluent consumers looking to buy residential real estate over $1 million versus sellers is estimated to be 3:2, thus setting the stage for an inventory crunch within the high-end property segment.
National and foreign buyers acquired a “tokenized” apartment in Spain with ethereum, which involved a domestic crypto exchange and a real estate investment firm. The city of Sevilla was the scenario for the crypto deal between the parties. Transaction Was Worth Over $64,000 According to El Correo Web, the Spanish crypto exchange Criptan and the
For months, families and operators of long-term care facilities have been telling me about the indirect toll the covid-19 pandemic has taken on residents. Not on those who have sickened or died from the virus, but on those whose quality of life has been severely harmed by the social isolation it caused. Now, we are
The story was updated with details on Illinois plans for American Rescue Plan funding and the amount the state borrowed through the Municipal Liquidity Facility. March 25, 2021 5:43 PM EDT The story was updated with details on Illinois plans for American Rescue Plan funding and the amount the state borrowed through the Municipal Liquidity
While everyone was paying attention to the FOMC, Gold & Silver, and the Treasury Yields, it appears the recent commodity rally trend took a big hit on Thursday, March 18, 2021. Our guess is that the FOMC statement did nothing to support the continued commodity price rally as the US Fed continued with near-zero interest
Who dropped the Ball when it comes to standing up to the Silver Price Riggers? by Bix Weir of Road to Roota Who dropped the Ball when it comes to standing up to the Silver Price Riggers? #1 culprit is the Silver Mining Company CEO’s…WHO REFUSE TO STAND UP TO THE PRICE RIGGERS!! [embedded content]
Wedbush analyst Michael Pachter’s latest assessment of GameStop (GME) is something of a double-edged sword. Following the headline-hogging game retailer’s latest quarterly results, the analyst was full of praise for the company’s top brass. “GameStop has navigated an exceedingly difficult competitive environment and has managed to reduce its net debt from a balance of over
In this article GME DRI VIACA CSCO NKE JEF RH RAD GS Jason Kempin | Getty Images Entertainment | Getty Images Check out the companies making headlines in midday trading. GameStop — Shares rose 31% in midday trading as the volatile video game retailer stock looked to snap a losing streak and curb steep losses
by confoundedinterest17 Freddie Mac’s 30-year mortgage commitment rate keeps on rising. Now to 3.17%. This is happening at the 10-year Treasury yield continues to climb. Note that interest rate volatilty (SRVIX) surged and remains elevated compared to equity volatility (VIX). (Bloomberg) — Federal Reserve Chair Jerome Powell said the U.S. central bank would wait until the economy has
Tax refund advances are described as interest-free and fee-free loans of up to $3,500 that the major tax preparation companies offer during tax season to customers who are due a refund. These aren’t the same as the costly tax refund anticipation loans offered a few years ago, until the FDIC forced the banks to quit
An RS1 rocket booster undergoes acceptance testing. ABL Space Rocket builder ABL Space closed a $170 million round of funding, the company announced on Thursday, making it the latest private space venture to reach the unicorn valuation mark. ABL raised the funds from T. Rowe Price and Fidelity Management, as well as a third unnamed
A junior Vatican official claimed he was blackmailing a cardinal and offered to bribe a businessman with an escort during a negotiation for the Holy See to acquire a luxury London property development in 2018, according to material submitted to an English court. Gianluigi Torzi, a businessman who was arrested and charged with fraud and
Canada’s supreme court has ruled that the federal government can impose a carbon price across the country against the wishes of some provinces, finding that “global warming causes harm beyond provincial boundaries and that it is a matter of national concern”. The ruling will be seen as vindication for Justin Trudeau’s governing Liberal party, which
Analysis of long-term mutual fund outflows reflects an industry in flux. The 20 mutual funds with the biggest net outflows of the past 15 years, and at least $100 million in assets under management, shed nearly $793.4 billion over the period, Morningstar Direct data show. In the past year, the same funds lost almost $83.5
Shares of Riot Blockchain (RIOT) and other cryptocurrency miners sold off sharply on Thursday, as Bitcoin’s (BTC) gravitational pull on the market continued to broaden. RIOT declined by as much as 14.4% during Thursday’s session, extending its losing streak to four days. The stock has declined 29% over that stretch and is down over 44%
The 2021 Outdoor Living Report issued by Brown Jordan Outdoor Kitchens makes it official: 82% of American homeowners recently surveyed reported that they are more interested in updating their outdoor living spaces than they were prior to the pandemic. With data gathered from over 2,000 adults by The Harris Poll, the survey shows that, since
A worker walks on the roof of a new home under construction in Carlsbad, California. Mike Blake | Reuters Higher mortgage rates do not appear to be dampening demand for home purchases but are crimping refinance volume. Mortgage applications to purchase a home rose 3% last week from the previous week, according to the Mortgage
Fidelity has filed with the U.S. Securities and Exchange Commission (SEC) to launch a bitcoin exchange-traded fund (ETF). The ETF will track the price of bitcoin as measured by the performance of the Fidelity Bitcoin Index. Fidelity Seeks SEC’s Approval Launch a Bitcoin ETF FD Funds Management, a subsidiary of Fidelity, has revealed that it
Having a way to save for retirement should not depend on where you live and whom you work for, yet 46% of private sector workers — 57.3 million people — lack access to this critical tool for accumulating savings and generating income when they retire. Recent research by the Georgetown University Center for Retirement Initiatives
Los Angeles may be able to close a $688.7 million budget gap for fiscal 2021-22 without tapping reserves or engaging in deficit borrowing thanks to the recently enacted federal stimulus bill. “After a really, really tough year, things are actually looking up,” City Administrative Officer Richard H. Llewellyn Jr. told City Council members during Monday’s
The Chemours Company CC recently announced the initiation of a strategic review to assess the potential divestment of its Mining Solutions business. This is the next step for its growth and repositioning, which is intended to boost shareholders’ value and enhance portfolio. Mining Solutions is a part of Chemours’ Chemical Solutions segment. It is one
This places gold in a perfect “sweet spot” to… by Peter Krauth via Streetwise Reports This week Fed Reserve Chair Jerome Powell spoke at the “Innovation Summit” hosted by the Bank for International Settlements. During his talk, he dissed Bitcoin and cryptocurrencies saying they were “…highly volatile and therefore not really useful stores of value,