Mike McMullen is the CEO of Prominence Homes and the author of Build. Rent. Sell. Repeat! getty Renting out property in 2020 is no easy task. The CDC’s eviction moratorium expires at the end of December, and before then, landlords will be faced with some hard decisions. When a tenant’s rent is late, landlords will still have
A potential home buyer reviews paperwork during an open house in Columbus, Ohio. Ty Wright | Bloomberg | Getty Images November is not historically a strong season for homebuying, but this one, like the rest of 2020, isn’t following any rules. Homebuyer demand is surging again, after taking a slight break around the election. Mortgage
The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the disappearance of tokens worth millions of dollars. Confirming the attack, one of the project’s leaders say they are now working
Peter Mallouk, President & Chief Investment Officer of Creative Planning Photo courtesy of Peter Mallouk Peter Mallouk knows how to make a good investment. In 2004, Mallouk bought Creative Planning, a Registered Investment Advisory firm based in Overland Park, Kansas that was managing $30 million; this year, the firm crossed $50 billion in assets under management. Mallouk
Municipal bond market participants want the next U.S. Secretary of Transportation to have more issuer experience and understand the inner workings of the muni bond market. Many candidates on the table for the next Secretary of Transportation have experience as issuer officials or as legislators dealing with tax issues, which gives localities some comfort. “When
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Gold and silver both trade 0.09% higher overnight leading into the European open in a pretty lacklustre Asian session. The
It’s surprising that the role of insurance has gotten so little attention in this crisis. After all, us and future generations will have to pay for… by Peter Krauth via Streetwise Reports Bailouts and stimulus are not the best solution to the Covid pandemic. What is? Possibly…insurance. I know it’s far from perfect, but I
Johnson & Johnson expects to have all the data needed to seek U.S. authorization for its experimental COVID-19 vaccine by February or earlier, the US drugmaker’s chief scientist Paul Stoffels told Reuters. J&J’s (JNJ) Stoffels said that the drugmaker is recruiting over 1,000 people per day for the late-stage trial of its COVID-19 vaccine candidate.
Check out the companies making headlines midday on Monday: Moderna — The drugmaker’s stock soared more than 7% after announcing preliminary phase three trial data shows its coronavirus vaccine is more than 94% effective in preventing Covid-19. Moderna is the second U.S. company in a week to report positive results from its coronavirus trial. Simon
Godaddy comments are brutaldowndetector.com/status/go-daddy/ All my websites with Godaddy are currently down and I am unable to log into the Godaddy Console either. — Tajender Singh Virk (@techn0h0lic) November 18, 2020 GoDaddy has completely shit the bed I guess? Another “24/7 easy always up” cloud service failing me? How many people are going to get a
On Nov. 12, 2020, President Donald Trump signed an executive order forbidding U.S. investors from investing in companies that he designated “Communist Chinese military companies.” The ban takes effect at 9:30 a.m. on Jan. 11, 2021 and currently includes 31 companies listed here. China’s economy has expanded at a torrid pace in recent decades to become
Tesla is joining the S&P 500 in December, but given the electric vehicle company’s size, adding it to the index is no easy feat, said CNBC’s Jim Cramer. “I think they’re baffled,” he said Tuesday of the index provider S&P Dow Jones Indices. “I really don’t think they know how to handle this … they
Donald Trump has fired the top US election security official after he contradicted the president by saying that the November 3 election had been the “most secure” in history. Mr Trump ousted Chris Krebs, director of the Cybersecurity and Infrastructure Security Agency, on Tuesday in the latest purge of an official who had contravened the
Peter Wells The US on Tuesday reported a single-day increase in deaths on par with levels previously experienced in May, while hospitalisations again climbed to a new peak. States attributed a further 1,565 deaths to coronavirus, according to Covid Tracking Project data, up from 581 on Monday, and compared with 1,347 on Tuesday last week.
Fidelity has launched a new wealth management platform in a bid to to help independent financial advisors keep pace with technology innovation happening at the wirehouses. Like Merrill Lynch did with its Personal Wealth Analysis, the new Fidelity Managed Account Xchange, or FMAX, brings together financial planning and investment management tools into a single digital
Matthew Piercey, the accused operator of two fraudulent firms that solicited tens of million to ostensibly invest in cryptocurrency mining, life insurance, and other assets, has been apprehended by authorities after a failed attempt to escape FBI agents using a sea scooter. According to Californian media outlet The Sacramento Bee, the 44-year-old Shasta County man
Zell in 2019. Getty Images Sam Zell is one of the legendary investors of his generation, known for his love of dealmaking, gold chains, and telling it like it is. The title of his 2017 autobiography borrows his favorite phrase: “Am I Being Too Subtle?” Real estate has long been Zell’s dominion, and he scored
A contractor carries wood studs while building a home in Park City, Utah, U.S., on Friday, Aug. 14, 2020. George Frey | Bloomberg | Getty Images The nation’s homebuilders have never been this happy. In November, builder confidence in the construction market for single-family homes soared to its third record high in as many months.
Every Major Bank Will Have Exposure to Bitcoin, Says Renowned Fund Manager Bill Miller Veteran investor Bill Miller says that all major banks, investment banks, and high net worth firms will eventually have some exposure to bitcoin or something like it. He said that bitcoin’s staying power is getting better every day. Bill Miller’s …
WILMINGTON, DELAWARE – NOVEMBER 16: President-elect Joe Biden delivers remarks about the U.S. … [+] economy. (Photo by Joe Raedle/Getty Images) Getty Images An amazing thing happened in this year’s presidential election. A major party candidate proposed raising Social Security payroll taxes. And won. More than that, it was never even an issue. What ever happened
Judy Shelton’s nomination to the Federal Reserve Board was blocked in the Senate Tuesday, a stunning defeat for Senate Majority Leader Mitch McConnell and a blow to President Donald Trump’s drive to reshape the U.S. central bank before he leaves office. After COVID-19 exposure forced two Republican senators into quarantine, the GOP was left short
Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) - It could only be a matter of time before platinum prices start to rise as the precious metal is expecting to
About that raid in Germany… Cynthia McKinney and Robert David Steele interviewed by Sean on SGTreport Six term Congresswoman from Georgia Cynthia McKinney PhD, and former CIA officer Robert David Steele join me to discuss the attempted coup against President Donald J. Trump, and Steele offers insights about that raid in Germany and leaves us
Semiconductor stocks have enjoyed a bountiful 2020. The industry’s overall barometer, the SOX (the PHLX Semiconductor Index) has added 38% year-to-date, easily outgunning the S&P 500’s 12% returns. The sector has been led by several outperformers, among them Nvidia (NVDA). Heading into Wednesday’s FQ3 earnings, the GPU leader boasts year-to-date gains of a massive 128%,
Take a look at some of the biggest movers in the premarket: Walmart (WMT) – The retail giant earned $1.34 per share for the third quarter, compared to a consensus estimate of $1.18a share. Revenue beat forecasts as well. Walmart’s comparable-store sales also rose more than expected. The shares gained 0.8% in premarket trading as
by Lance Roberts In this past weekend’s newsletter, we discussed the exceedingly deviated price and overbought conditions. When we combine the technical backdrop with the “bulls going ballistic,” it once again makes sense to reduce risk in our portfolios. “The rally from the October lows was a ‘sellable rally.’ The current rally is as well. Given the more overbought condition, we
Telecommunications companies use various technologies to transmit information globally. Some of the largest companies in the telecommunications sector provide fixed-line telephone and wireless services, as well as Internet data and video communications. The telecommunications sector is changing rapidly. Traditional technologies such as wireline telephone, radio, and television once dominated the telecommunications universe, but wireless mobile
Relativity Space’s third generation 3D-printer in its new headquarters, with CEO Tim Ellis standing by for scale. Relativity Rocket builder and 3D-printing specialist Relativity Space is raising $500 million of fresh capital in a new round being led by Tiger Global Management, people familiar with the financing told CNBC on Tuesday. The new fundraise, expected
Deutsche Börse has agreed to buy a majority stake in Institutional Shareholder Services in a deal that values the shareholder advisory group at €1.9bn and marks the latest in a string of deals among the world’s largest exchanges. The German group said on Tuesday that it will buy an 80 per cent stake in ISS,
US equities slipped on Tuesday after disappointing consumer spending data added to worries about rising coronavirus infections. The S&P 500 fell 0.4 per cent in mid-afternoon trade, a day after optimism about the prospect of a Covid-19 vaccine drove the benchmark to a closing high. The tech-heavy Nasdaq Composite was 0.1 per cent lower, and