With only two full days of trading under its belt, the first Bitcoin (BTC) exchange-traded fund in North America reached more than $400 million in volume and is expected to go even higher. According to a tweet from Bloomberg analyst Eric Balchunas, the Bitcoin exchange-traded fund, or ETF, recently debuted by Canadian firm Purpose Investments
If you’ve looked at the temperature gradient maps of the continental U.S. over the past few weeks, it’s not hard to see one main reason why Miami and South Florida’s real estate markets are on fire. Lock down and snowed under in Brooklyn, NY on February 18th, 2021 LightRocket via Getty Images With partial lock
Renowned gold bull and CEO of investment management firm Doubleline, Jeffrey Gundlach says bitcoin may be the “stimulus asset” while adding it “doesn’t look like gold is.” Gundlach, a self-professed long-term dollar bear, had preceded his comments about bitcoin by remarking that “lots of liquid poured into a funnel creates a torrent.” BTC Outperforming Gold
Ask Larry Economic Security Planning, Inc. Today’s column addresses questions about how spousal benefits are calculated, a potential way to reverse a benefit reduction due to a temporary circumstance and paying Social Security taxes when self-employed. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning,
A public-private partnership agreement announced by Maryland this week that would be the largest P3 project in the world is a significant and positive development for the U.S. as a P3 market. The Maryland Department of Transportation made the announcement Thursday that Transurban and its partner Macquarie Capital will start predevelopment work to build out
[embedded content] (Kitco News) Could anything go right for gold this week? Prices are trading below $1,800, and bitcoin is no longer the only asset stealing attention away from gold. Here are the top three stories from this week. Now it seems that gold has to compete not only with bitcoin, which DoubleLine CEO Jeffrey
The notion that third parties can pick the right starting wage for every employee, in every job, in every business, in every industry is folly. Those who… by Martin Jones via Mises In recent years a number of economic studies have concluded that small to moderate increases in the minimum wage do not necessarily cause
Danone has clinched a deal to buy US plant-based foods producer, Earth Island, as part of the French food and beverage firm’s plan to generate €5 billion from global plant-based sales by 2025. Financial terms of the takeover were not disclosed. As part of the deal, Danone (0KFX) has entered into a share purchase agreement to
by Martin Armstrong Spain has imprisoned a rapper for insulting the government in his Tweets. Barcelona and many other Catalan cities, along with Madrid have been erupting in civil unrest as people protest to demand the freedom of rapper Pablo Hasel, who the government sentenced to prison for nine months because of his tweets which were insults against
Hedge funds employ some of the best-paid business professionals anywhere, but landing your first job in the industry is no cakewalk. Building a hedge fund career takes determination, networking stamina, and a fierce competitive streak. Here are some steps to help get you to that interview and then land that job. Whether you are looking for
Outgoing Federal Reserve Chair Janet Yellen holds a news conference after a two-day Federal Open Market Committee (FOMC) meeting in Washington, U.S. December 13, 2017. Jonathan Ernst | Reuters Treasury Secretary Janet Yellen told CNBC on Thursday that there could be parts of the U.S. stock market in which investors should exercise caution. In an
Former Bank of England governor Mark Carney has joined the board of Stripe, an online payments provider and one of Silicon Valley’s most valuable private companies. Carney, who stepped down from the Bank of England last year, is currently head of impact investing at Brookfield Asset Management — his first big business role since his
Deaths in Mexico last year were 52 per cent higher than in previous years, putting the rate of excess deaths during the coronavirus pandemic well above that in some countries seen as suffering the worst outbreaks in the world, including the US, UK and Brazil. New official data showed Mexico has registered 977,081 deaths since March 2020,
Taxpayers can expect a smooth filing season despite monumental challenges in getting pandemic relief to millions of people, according to the nation’s top tax official. IRS Commissioner Charles Rettig told a virtual event held Jan. 17 by the New York City Bar Association that the annual season “is going seamless.” With two rounds of stimulus
Blockchain technology is revolutionizing the way we interact, transact and share information, with many experts predicting it will be the most disruptive technology in the next decade. After little structural innovation since the 19th and 20th centuries, decentralization has brought industries such as finance, media and technology closer to transparency, freedom from intermediaries and heightened
The contemporary-style home in the Aspen core area is just a short walk away from the Lift One … [+] project. Slifer Smith & Frampton Real Estate When it comes to homes in Colorado’s high country, access to ski runs and the mountainside is often at the top of homebuyers’ wishlists. That’s what makes this
A Chinese tea retailer is looking to make its inception into the bitcoin mining business. Publicly-listed Urban Tea announced the expansion of its operations by appointing two executives to pursue its crypto plans. Urban Tea Praises Cryptocurrencies’ Widespread Popularity Per the announcement, Urban Tea Inc. hired Fengdan Zhou as the company’s new chief operating officer
The prospects for new federal aid and a proposed budget that avoids negative rating triggers should preserve Illinois’ investment-grade status, but neither moves the needle on the structural and pension albatrosses. Gov. J.B. Pritzker’s proposed $95.5 billion fiscal 2022 budget, with a $41.7 billion general fund, clears what was estimated late last year as a
[embedded content] (Kitco News) Could anything go right for gold this week? Prices are trading below $1,800, and bitcoin is no longer the only asset stealing attention away from gold. Here are the top three stories from this week. Now it seems that gold has to compete not only with bitcoin, which DoubleLine CEO Jeffrey
How will Google set up an adjudication process if someone identifies as black, but consumers dispute the claim? by Simon Black of Sovereign Man Are you ready for this week’s absurdity? Here’s our roll-up of the most ridiculous stories from around the world that are threats to your liberty, risks to your prosperity… and on
Shares of eHealth gained 6.3% and closed at $57.68 on Feb. 19 after Hudson Executive Capital (HEC) ramped up its stake in the health insurance company as the investment company believes that the stock is “undervaued.” According to a company filing, HEC bought 1.5 million outstanding shares of eHealth (EHTH), and now holds a 5.8%
If you’ve decided to leave your current job for another, you will need to decide what to do with the money that you have invested in your current company’s 401(k) plan. Options typically include leaving it where it is, rolling it over to a new employer’s plan, or opting for an IRA rollover. If you
Former TD Ameritrade CEO Fred Tomczyk told CNBC on Friday he believes retail stock market investors have never had it better when it comes to competing against Wall Street pros. “When you think about what the retail investor has today, they have free trading, free research, free investor education, and they have faster and better
In 1989, an Osaka tempura restaurant owner, who claimed a divine destiny for her stockpicking, hosted share-tipping seances and channelled the advice of a magical toad statue, was Japan’s most successful and influential individual investor. The history of Nui Onoue, who was 59 at the time, whose asset portfolio expanded to billions of dollars and
Calls from pro-Beijing figures in Hong Kong to radically reform the territory’s judiciary could spell “the end of the present legal system”, the new head of the city’s Bar Association has warned. The suggested changes include forcing judges to consult a new council made up of members of the community before handing down sentences, a
Higher savings rates and changing spending patterns drove down unsecured personal lending in 2020, even as other consumer lending in other categories rose. Total balances of unsecured personal loans fell 8% year over year to $148 billion in the fourth quarter of 2020, TransUnion said in a consumer credit report released Thursday. The number of
Fresh institutional and retail investor inflows into the cryptocurrency market have led to bull market conditions for many top tokens from blue-chips like Bitcoin (BTC) and Ether (ETH) to more recently established DeFi projects like AAVE and Synthetix (SNX). Exchange tokens are another easily overlooked sub-sector of the market but they have been performing exceptionally
UKRAINE – 2021/02/17: In this photo illustration the Clubhouse logo of an audio-chat social … [+] networking app is seen on a smartphone screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images Have you heard about Clubhouse? It’s the newest, hottest social media site out there. And everyone is
Day trader Dave Portnoy has admitted that he is an idiot when it comes to bitcoin after the price of the cryptocurrency continually hit all-time highs. He panic-sold his bitcoins when its price was just around $11,000 and has now vowed to never buy the cryptocurrency again. Dave Portnoy Regrets Panic-Selling Bitcoin at $11K American
By Craig Miller, Next Avenue David Pogue, author of “How to Prepare for Climate Change” courtesy of David Pogue You may know David Pogue as the affable gadget guru on “CBS Sunday Morning” who shows up around Christmas in a Santa suit, giving tips on digital gifts — in verse. But for the past two