Disney has come under fire for filming parts of Mulan, its latest blockbuster movie, in a Chinese region where Muslims are held in internment camps. The entertainment group released Mulan for sale on its Disney+ streaming platform on Friday after the pandemic devastated cinemas across the world, with many cinemas remaining shut. Disney charges $30
India’s media has had plenty of substantive stories to dig into lately. Covid-19 infections are surging, with more than 90,000 new cases a day, as New Delhi struggles to resuscitate an economy that contracted 24 per cent year on year in the second quarter. Around 73,000 Indians have died and 270m children have been out of
A $750 billion industry still struggling to bounce back from the last crisis is cracking under the Fed’s lower-for-longer mantra on U.S. interest rates. Prime money-market funds — a long-time favorite for anyone seeking a cash-like investment with a little extra yield — are facing an existential challenge, just four years after a regulatory overhaul
If you ask people what they know about cryptocurrency, chances are you’ll hear the words Bitcoin (BTC) or blockchain — or even both. However, what many individuals aren’t aware of is that over 5,000 cryptocurrencies exist in the market today. This huge number makes things a little confusing for investors. With so many options to
Mortgage delinquencies are expected to continue to rise this year. getty The nation’s serious delinquency rate for mortgage loans more than doubled from May to June, reaching its highest level since February 2015, according to a new loan performance insights report by property data analytics provider CoreLogic. On a national level, 7.1% of mortgages were
Latin Americans have embraced cryptocurrency as a store of value while their fiat currencies depreciate, a new report shows. Bitcoin adoption in the region is further driven by the lack of banking access and remittance needs. Latin American Bitcoin Adoption Blockchain data analytics firm Chainalysis released a new study of cryptocurrency usage in Latin American
US President Donald Trump signs executive orders extending coronavirus economic relief, during a … [+] news conference in Bedminster, New Jersey, on August 8, 2020. (Photo by JIM WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) AFP via Getty Images President Trump’s payroll tax holiday started last week. But what does this mean
Southwest Airlines’ willingness to take the slots JetBlue is vacating at California’s Long Beach Airport by JetBlue is good for the A3-rated airport, according to Moody’s Investors Service. “The award is credit positive for the airport because it removes the uncertainty of the airport’s ability to reallocate the 17 available slots, which equal one-third of
Editor’s Note: Get caught up in minutes with our speedy summary of today’s must-read news stories and expert opinions that moved the precious metals and financial markets. Sign up here! (Kitco News) – Armadale Capital (LON: ACP) announced today it submitted the environmental and social impact assessment to the National Environment Management Council of Tanzania.
The downside target of $1,700 was just confirmed… by Przemyslaw Radomski via Sunshine Profits A picture is worth a thousand words, so let’s get straight to the gold chart itself. As far as gold is concerned, we previously wrote the following: After topping at its triangle-vertex-based reversal, gold declined and is now trading at its
Google has cancelled its plan to rent massive office space in Dublin, Ireland, Bloomberg reported. The search giant’s latest move scraps one of the biggest real-estate deals for the city in recent years, according to the report. Shares of Alphabet were trading 2.9% lower in the pre-market trading. In an e-mailed response to Bloomberg, a
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla shares are under pressure after it was not included in S&P 500 index changes announced by S&P Dow Jones Indices. Online crafts marketplace Etsy (ETSY), semiconductor equipment maker Teradyne (TER) and pharmaceutical technology provider Catalent (CTLT) were added to the
by Michael Snyder A giant tsunami along the west coast has been very heavy on my heart for the last 24 hours, and then when I saw a new Fox News article about a simulation that was just run by officials in Washington state I knew that I had to write an article. Experts at the Washington
Key Takeaways The ECB will announce monetary policy as Eurozone inflation sags. China announces trade balance data, how is the world’s commerce recovering? U.S. releases July JOLTs data. After the first weekly losses for U.S. markets in five, investors will get an extra day next week to gather themselves. U.S., Canadian, and Brazilian markets and
Valdis Dombrovskis has been named as the new EU trade policy chief following the shock departure of Ireland’s Phil Hogan last month. European Commission president Ursula von der Leyen said she had chosen Mr Dombrovskis, the EU’s executive vice-president for economic policy, to take on the key role as part of a switch that also
Shares in Chinese bottled water company Nongfu Spring surged on their debut in Hong Kong, propelling founder Zhong Shanshan into the position of China’s second-richest man with a fortune of over $50bn. Nongfu’s stock jumped 63 per cent to HK$35.10 in Tuesday morning trading after the company, whose red-capped plastic bottles are a fixture of
A new Bitcoin (BTC) metric says that investors are still much more interested in buying than selling at $10,000. In a tweet on Sep. 7, Ki Young Ju, founder of on-chain analytics resource CryptoQuant, unveiled his latest tool for tracking Bitcoin investor sentiment. CryptoQuant: Bitcoin has “intense buy pressure” Dubbed “Potential BUY/ SELL Pressure,” the
8th September, 2020, Kuala Lumpur, Malaysia – Bridge Oracle may very well be on the cusp of achieving the holy grail of the crypto-sphere: mass adoption. Between blockchain’s theoretical superiority based on hard code, and the nuanced language that is real life, it finally provides the means for the physical world to convey information to
Don’t be too worried about the impact of the election on your retirement savings. getty It’s understandable if pre-retirees and retirees are nervous about the impact of the upcoming presidential election on their retirement savings, especially if they’re keeping up with the news these days. If they are, they might feel as if they’re being
Silver 4 Hour Price Update Updated September 08, 2020 07:18 AM GMT (03:18 AM EST) Silver entered the current 4 hour candle at $26.848, down 0.12% ($0.03) from the previous 4 hours. Relative to other instruments in the metals asset class, Silver ranked 4th since the previous 4 hours in terms of percentage price change.
The Fed did not promise to actually cut rates or expand its QE program. That sounds like a stable rather than an increased dosage. Which means… by John Rubino of Dollar Collapse For the past few years, the US financial system and the Fed have been playing a game of chicken in which the Fed tries to
COVID-19 has wreaked havoc on companies of all shapes and sizes, but not MongoDB (MDB). Not only did the data storage company deliver a bang-up performance in fiscal Q2 2021, but it also lifted FY21 guidance. Digging deeper into the print, revenue hit $138.3 million, reflecting a 39.2% year-over-year gain and surpassing the Street’s $126.8
by Michael Snyder Whenever a major economic downturn happens, churches and charities always get hit really hard. Cutting back on giving is often the very first step that people take when it comes time to reduce expenditures, and that is extremely unfortunate. But of course you can’t get blood out of a rock, and there
A flexible spending account (FSA) is a type of tax-advantaged financial account. Some employers offer FSA accounts to their employees to help offset their medical costs using pre-tax dollars. FSAs are similar to the Health Savings (HSA), but FSAs are only available to those employed by a company. Self-employed individuals have access to HSAs. Key
South Korea is struggling to lure companies with operations overseas back to the country despite expanded incentives aimed at helping local factories compete with China and south-east Asia. Park Young-sun, minister for small to medium-sized enterprises and start-ups, said the government was redoubling efforts to encourage companies to return home, as the country grapples with
India has overtaken Brazil for the grim status as the country with the world’s second-highest total number of confirmed coronavirus infections, after it detected a record 90,000-plus new cases on Saturday, and then again on Sunday. President Donald Trump and his Democratic rival, Joe Biden, have accused each other of politicising a Covid-19 vaccine, threatening
The vast majority of Twitter users trust 18-year-old Spencer Schiff’s investment advice over that of his father, Peter Schiff — a renowned gold bug and Bitcoin critic. “Against my advice my son just bought even more Bitcoin,” said Schiff. “Whose advice do you want to follow?” Against my advice my son @SchiffSpencer just bought even
Onchain data shows that during the market carnage this past weekend the number of ethereum whales increased significantly, while ETH prices dropped by 30%. Analytics from the data firm Santiment shows 68 new whales joined the network during the last three days. During the last three days, cryptocurrency prices dropped considerably but ethereum (ETH) and
Two proposed rulemakings from the Labor Department in the past eight weeks would largely gut sustainable investing options and strategies in retirement plans. These proposals would reverse the Labor Department’s 2015 and 2016 guidance while ignoring the growing consensus among academics, retirement plan fiduciaries and professional money managers that responsible companies are likely to outperform
What’s going to happen to the economy in 2021? Now that we’re approaching the end of the third quarter of 2020, there are three scenarios for the coming year that savers, investors and people planning for retirement should keep in mind. Yellow means proceed with caution Steve Chen The Good Case for 2021 Though some