Since their introduction in 1993, exchange-traded funds (ETFs) have exploded in popularity with investors looking for alternatives to mutual funds. Both institutions and individuals could see the benefit of these instruments—a basket of assets designed to track an index—that offered low management fees and higher intraday price visibility. But of course, no investment is perfect,
An artist’s illustration of the difference in size between the company’s Terran 1 rocket, to the left, and the planned Terran R rocket. Relativity Space Relativity Space, the 3D-printing rocket builder, is making another big bet: Developing a fully reusable rocket, designed to match the power and capability of SpaceX’s workhorse Falcon 9 rockets. Called
Some of Britain’s most promising tech businesses are considering stock market listings in the US, amplifying the pressure on the UK to change listing rules at a time when ministers are keen to show an ambitious strategy for the City after Brexit. UK tech businesses, including used car site Cazoo and health app Babylon, are
A woman who left the UK to join Isis in Syria on Friday lost her legal battle to return to contest the removal of her citizenship when the Supreme Court ruled against her in three related legal cases. The ruling overturns a decision by the Court of Appeal in July last year that would have
Thasunda Brown Duckett, the highest-ranking Black executive at JPMorgan Chase, is set to exit the company after 17 years to take over as president and CEO of TIAA in New York. The CEO of Chase Consumer Banking since 2016 and one of the most powerful female bankers in the industry, Duckett will succeed Roger Ferguson
Rumors of a possible investigation by the United States Securities and Exchange Commission into Tesla CEO Elon Musk’s alleged impact on Dogecoin’s price moves have been circulating on social media over the past day — a phenomenon that one Twitterer has quipped is “peak 2021.” I hope they do! It would be awesome — Elon
Matt Avital is the Principal & Founder of Ascenda Capital, located in Los Angeles, CA. getty Build-to-rent (BTR) is a relatively new asset class that has been quietly gaining traction among both boutique and institutional investors. This exciting new asset class is exactly what it sounds like: a community of high-quality detached single-family rental properties rife
Philippine crypto exchange Pdax recently suffered a costly technical failure – one that led to bitcoin trading at 300,000 Philippine pesos (around $6,000) – a discount of 88% to its current price. In the melee, some users managed to buy at these ridiculously low prices and quickly moved the bitcoin (BTC) away from their exchange
Getty getty Required minimum distributions (RMDs) from IRAs and other qualified retirement plans are more complicated than they need to be. There are a number of little-known rules that can be helpful to taxpayers or trap them into paying higher taxes or penalties. Most people believe IRA stands for “individual retirement account.” But the tax
Municipal bond yields continued their ascent, following U.S. Treasuries higher, as markets adjust to rising rates and an improving economy that created an environment in which stocks sold off not because of economic uncertainty but stabilization. The atypical relationship — falling stocks and rising USTs — is likely temporary as global markets essentially recalibrate, moving
Silver is suffering heavy losses for the second straight day on Friday. Next support for XAG/USD is located ar $26.60. Sellers are likely to remain in control unless silver rebounds above $27.30. The XAG/USD pair lost nearly 2% on Thursday after the surging US Treasury bond yields provided a boost to the greenback in the
We could experience a short squeeze in the coming months. If we see a good move higher, that would probably be an excellent… Chris Vermeulen on Palisades Gold Radio Tom welcomes Chris, founder of Technical Traders, back to the show. Chris explains his sector trading strategy and their approach to determining which sector and stocks
Last year was among the worst years for the energy sector. The global recession triggered by the novel coronavirus ensured that oil prices remained depressed. However, in 2021, a turnaround seems imminent. 2020 saw global GDP contract by 3.5%. Looking ahead, the International Monetary Fund expects the world economy to grow 5.5% in FY2021, and
A staff member displays a burger with a Beyond Meat plant-based patty at VeggieWorld fair in Beijing, China November 8, 2019. Jason Lee | Reuters Check out the companies making headlines after the bell on Thursday: Beyond Meat – Beyond Meat shares rose as much as 14.7% in volatile trading on news that the plant-based
The most common basic personal finance advice anyone gets is this—max out your 401(k) contributions. But what does that mean? How much is the maximum, and what do you do if you exceed it? And yes, you can exceed it—under certain circumstances. For 2021, the maximum allowed contribution to a 401(k) is $19,500 per year.
Mentions of GameStop increased on Reddit days before shares of the video-game retailer took off again, according to Justin Zhen, co-founder of Thinknum, a tech firm that compiles alternative data sets for investors. “In the last 24 hours, we saw the number of occurrences of mentions for GameStop spike. It actually started spiking about four
A rout in government bonds in international markets due to rising inflation fears eased in Asia on Friday, while global stocks continued their retreat. In early trading in the region, the yield on 10-year US Treasuries fell 0.06 percentage points to 1.456 per cent. The drop came after the yield shot up as much as
On his final day in the White House last month, Donald Trump told a small crowd of supporters at Joint Base Andrews, the military airport, that he had no intention of leaving the stage quietly. “I will always fight for you, I will be watching,” the outgoing president said before boarding Air Force One for
A financial advisor who says his practice has expanded by more than $200 million in the past six years dropped his longtime broker-dealer after launching an RIA. Assets under management at Palash Islam’s Synergy Financial Group surged to $225 million this year from $21 million at the end of 2013, according to Islam, who onced
The Massachusetts Institute of Technology’s Digital Currency Initiative has revealed a new “Bitcoin Software and Security Effort” intended to foster research into bolstering the Bitcoin network’s defenses. The open-source initiative has received support from a diverse group of crypto industry leaders, including Gemini’s Cameron and Tyler Winklevoss, MicroStrategy’s CEO Michael Saylor, Square CEO Jack Dorsey,
Kitchen remodels are a popular and expensive home improvement project. getty Sooner or later you might join the millions of Americans who remodel or renovate their homes each year. Perhaps it’s at that moment when you realize your kitchen says 1975, but you would prefer to cook in the moment. Or you have decided you
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best interests of Nigerians.” Crypto Not Money Immediately following the announcement of the
Roger, 90 and Mark, 85 have been off and on friends for 50 years. Mark has no family of his own. Roger’s adult kids call him “Uncle Mark”, as he’s shown up for family events for decades. He once had plenty of money, or so it seemed. There was the apartment in Paris, the home
The fate of Illinois’ S&P bond rating will depend on its recovery from COVID-19, federal stimulus and the final form of its fiscal 2022 budget, the rating agency said Thursday. In its first published review of Gov. J.B. Pritzker’s proposed spending plan, S&P Global Ratings laid out the risks, uncertainties and potential positives of the
(Repeats Feb. 25 column with no changes. The opinions expressed here are those of the author, a columnist for Reuters) * Silver price and IShares holdings: https://tmsnrt.rs/2NTTf5v * Money manager positioning on CME silver: https://tmsnrt.rs/3aUBIDr By Andy Home LONDON, Feb 25 (Reuters) – This month’s crowd surge on the silver market quickly dissipated after the
Gold bulls may be disappointed as the Fed Chair didn’t sound too dovish. He neither… by Arkadiusz Sieron of Sunshine Profits Powell testified before Congress and reiterated the Fed’s dovish stance, but nevertheless, gold continued to slide. On Tuesday, Powell testified before the United States Senate Committee on Banking, Housing, and Urban Affairs. He offered no big
Despite the recent market-wide pullback, oncology drug-maker Celsion (CLSN) is enjoying a breakout year, with shares up by 210% year-to-date. One Street analyst thinks the stock has a way to run yet. Brookline Capital analyst Kumaraguru Raja reiterated a Buy rating on CLSN shares, while boosting his price target from $3 to $4. The new
People walk past the New York Stock Exchange in the Manhattan borough of New York, November 10, 2020. Carlo Allegri | Reuters Growing inflation concerns, optimism the economy could surge and some technical factors are combining to drive interest rates higher at a rapid clip. But on Thursday, for the first time, the market has
The telecommunication sector is made up of companies that make communication possible on a global scale, whether it is through the phone or the Internet, through airwaves or cables, through wires or wirelessly. These companies created the infrastructure that allows data in words, voice, audio, or video to be sent anywhere in the world. The
Bonds have been shunned by many investors as rock-bottom rates made them unattractive relative to equities. On Thursday, the bond market may have gained an upper hand in the eyes of some investors. The 10-year Treasury yield soared more than 16 basis points to a high of 1.614%, its highest level since February 2020. The