It is a mass delusion on an epic scale, beyond that of any known mental illness or fallacious belief. It is neither genetic nor viral nor bacterial, yet it has spread to each corner of the world and overtaken it. Statism, the belief in a forceful and coercive government, is an affliction that almost all
While the Puerto Rico Electric Power Authority assured a congressional committee Thursday it is prepared for the next hurricane, the utility hasn’t fully rebuilt its hurricane- and earthquake-damaged grid, it has large debts and an underfunded pension system. PREPA CEO Jose Ortiz presented a mixed picture to members of the House Natural Resources Committee, acknowledging
By Peter Nurse and Geoffrey Smith Investing.com — Like its more illustrious relative gold, silver has been on a tear this week, climbing to a new seven-year high above $23 an ounce, only four months after hitting an 11-year low of under $12 in March. If 2020 hasn’t been volatile enough for you, then you
The gold price will be fueled by four incredibly strong factors… by Egon von Greyerz of Gold Switzerland Zeus punished the hubristic King Sisyphus to roll a huge boulder up a very steep hill in Hades. Before Sisyphus reached the top, the stone rolled down and he had to start all over again. Hubris is
Artificial intelligence (AI) is a buzzword in tech these days. The term, which encompasses a range of technologies including machine learning and data analysis. The goal is to create systems that can perceive, learn, and reason in ways that mimic human capabilities. At its best, AI will allow machines to understand the gestalt of a
If you are a homeowner and at least 62 years old, you may be able to convert your home equity into cash to pay for living expenses, healthcare costs, a home remodel, or whatever else you need. Two options for doing so are reverse mortgages and home equity loans. Both allow you to tap into
India plans to take its model for digital payments global as online transactions thrive in an economy that is among the hardest hit by coronavirus. Since it launched in 2016, India’s Unified Payments Interface has helped propel the growth of online payments in the country of 1.4bn people. The system allows people to make cheap,
The US recorded two further coronavirus milestones on Saturday, with deaths increasing by more than 1,000 for the fifth day in a row and Florida overtaking New York to become the state with the second-highest number of confirmed infections. The 1,037 fatalities registered, down from 1,178 on Friday, marked the first time since May 23
Peter Huminski, founder of Thorium Wealth Management, first downloaded TikTok to watch videos sent by his oldest child, who will be a college freshman this fall. After starting with “cute cats and people doing silly things,” TikTok’s algorithm was soon recommending videos aligning with Huminksi’s professional life as a financial advisor: real estate, insurance strategies,
It’s been a good week for Bitcoin. The dollar price is up more than 3 percent to around $9,500. That $10,000 ceiling is looking more fragile than ever. One sign that the ceiling may be about to break is the decline in Google searches for “Bitcoin.” According to Google Trends, search interest is the lowest since
NEW YORK, NEW YORK – JULY 22: A woman waits in line as food is distributed at the Ebenezer … [+] Seventh-day Adventist church on July 22, 2020 in the Brooklyn borough of New York City. Getty Images On March 27, the CARES Act was signed into law and included a moratorium through July 24 on evictions for those
Study: Exchanges Accepted $1.3 Billion in Bitcoin Stemming from ‘High-Risk Addresses’ A recently published report from the research and analysis firm Peckshield indicates that during the last two quarters of 2020, cryptocurrency exchanges accepted 147,000 BTC ($1.3 billion) from high-risk addresses. During the last few years, blockchain research and surveillance firms … read more. Grayscale
By Lisa Fields, Next Avenue Contributor getty Public libraries have long been known for helping people with job searches, through one-on-one résumé advice and classes teaching computer skills. Since many libraries have been closed physically due to the pandemic, they’re now often offering job-search help virtually so people can benefit from the resources at home.
A 16-year-old New Jersey Supreme Court case has reemerged to play a central role in Republican efforts to try and halt New Jersey Gov. Phil Murphy’s $9.9 billion borrowing plan. A lawsuit filed by the New Jersey Republican State Committee last week argued that the debt legislation Murphy signed violates the state constitution and conflicts
The recent surge in the silver price to above US$20 an ounce has pushed the gold-silver ratio back towards a much more sustainable level and away from the record peak of 124 in March this year. Anglo Pacific Group PLC (LON:APF, TSE:APY), the mining royalties company, said it is expecting a better second-half performance as demand for
While regular Americans were forced to give up their livelihoods others got paid to do nothing just to push the coronavirus plandemic propaganda… by Mac Slavo of SHTFplan New York City spent $52 million on a hospital for patients with the coronavirus. The hospital treated only 79 patients and say unused even as nearby hospitals
When you’re looking for strong investments that will protect your resources and provide returns, even during these crazy coronavirus days, take a cue from Wall Street’s best analyst. Brent Bracelin, of the Piper Sandler research firm, rates 5 stars from TipRanks – but even better, he currently holds the #1 spot out of 6,815 analysts
Take a look at some of the biggest movers in the premarket: Biogen (BIIB) – The drugmaker reported quarterly earnings of $10.26 per share, compared to a consensus estimate of $8.03 a share. Revenue came in above estimates as well, helped by about $100 million in accelerated sales due to the Covid-19 pandemic. Biogen also slightly
Chances are that you or someone you know has experienced a layoff at some point. No matter how stable and safe your career might seem, getting the so-called pink slip can happen to anyone. Indeed, the COVID-19 pandemic has been the epitome of unexpected. Nearly 21 million people were unemployed in May 2020 and 17.7
With just over three months to go until November’s presidential election, Donald Trump is trying a new tactic: humility. With more and more national opinion polls giving Joe Biden, the presumptive Democratic presidential nominee, a widening lead over Mr Trump, the president returned to the White House podium last week for his first coronavirus press
In April, John Matthews’ private jet business, AirX, went into a terrifying nosedive. After coronavirus lockdowns, monthly charter requests fell from almost €100m to just €200,000. “There was pretty much nothing. Terrifying may be an understatement,” said Mr Matthews, chairman of the Malta-based private jet operator. His company faced a grave threat to its survival
The year 2020 has certainly been an interesting one so far. (I can think of plenty of other adjectives that would be even more fitting.) And just when I start to think that maybe the second half of this year will be a little less eventful, I remember we have an election coming up. I’m
The price of Bitcoin (BTC) held the crucial support level of $9,000, after which a rally to $9,600 occurred, as anticipated in last week’s technical analysis. Nevertheless, the overall market trend for BTC price has not broken out of its range since the halving in May. The support area is $8,800-9,000, while the resistance can
Study: Exchanges Accepted $1.3 Billion in Bitcoin Stemming from ‘High-Risk Addresses’ A recently published report from the research and analysis firm Peckshield indicates that during the last two quarters of 2020, cryptocurrency exchanges accepted 147,000 BTC ($1.3 billion) from high-risk addresses. During the last few years, blockchain research and surveillance firms … read more. Grayscale
This strategy offers a safe balance between too much frugality and too much spending in retirement Getty Images/iStockphoto Many retirees are spending their retirement savings quite frugally, according to a handful of recent reports and studies. These studies—from the Employee Benefits Research Institute, United Income, and the Boston College Center for Retirement Research—reveal that as
“No matter what state, no matter what municipality you are in, there’s going to be some effect from all this.”said Johnny Hutchinson, a partner at Squire Patton Boggs in Houston and Chair of NABL’s Tax Law Committee. State and local governments would be better able to manage their cash flow during the financial stress of
Gold prices in India continued their record-breaking rally this week with rates piercing through the ₹51,000 barrier. On MCX, August gold futures settled 0.6% higher on Friday at ₹51,010 per 10 gram after hitting a new high of ₹51,184 earlier in the session, tracking a rally in global markets. Silver futures on MCX edged higher
While the bad guys — the government-underwritten riggers of the gold market — are not going away quietly, they’re on the run now… by Chris Powell of the Gold Anti-Trust Action Committee (GATA) Dear Friend of GATA and Gold: While the bad guys — the government-underwritten riggers of the gold market — are not going
Monday July 20 offered hope that the fight against the coronavirus might be progressing to the next stage. Interim data for AZD1222, a COVID-19 vaccine candidate AstraZeneca is developing with Oxford University, showed “strong” antibody and immune T-cell responses were generated in an ongoing Phase 1/2 trial. So, what does this mean for other biotechs
Take a look at some of the biggest movers in the premarket: Verizon (VZ) – Verizon reported quarterly profit of $1.18 per share, 3 cents a share above estimates. Revenue beat forecasts as well. Verizon said it experienced a negative impact from Covid-19, which hurt wireless service and ad spending revenue. American Express (AXP) –