US deaths rise by more than 1,000 for third straight day Peter Wells The number of coronavirus cases in the US topped 4m on Thursday, with the world’s hardest-hit country reporting back-to-back days of more than 70,000 new infections and more than 1,000 new deaths for the third straight day. A further 71,027 people in
The Department of Labor’s proposed regulatory guidance that would restrict the use of ESG funds in retirement plans is not sitting well with global financial services firm Morningstar. “Simply stated, the department’s proposed rule is out of step with the best practices asset managers and financial advisors use to integrate ESG considerations into their investment
Carlos Ghosn — the ex-Nissan head who made a dramatic escape from house arrest in Japan in December — paid the extraction team half a billion dollars worth of crypto. According to U.S. prosecutors in a court filing, Ghosn’s son arranged for a payment to Peter Taylor — one of the two men who assisted
Millennials surveyed have shifted away from real estate and toward stocks as the preferred way to … [+] invest over the long-term. getty In the age of a coronvirus pandemic, it might be tempting to hide your money under a mattress and accept uncertainty about the economy, employment and finances. But, as it turns out,
Peopleimages | E+ | Getty Images Financing a home might be more accessible than you think. You’ve probably heard of Fannie Mae and Freddie Mac, two entities created by Congress that buy and guarantee mortgages through the secondary mortgage market to expand opportunities for homeownership and affordable rental housing. “Those are the biggest chunk [of home
Tether Freezes Millions of Dollars USDT in 40 Addresses Amid Regulatory Pressure Stablecoin issuer Tether has blacklisted 40 Ethereum addresses holding millions of dollars of the tether cryptocurrency, 24 of which were banned this year. This finding follows the Centre Consortium taking a similar action due to a request by law enforcement. … read more.
As benefits expire, rent comes due, the school year looms and states struggle, Washington’s warring factions are racing to rescue the economy—and their political fortunes. Tom Williams/CQ-Roll Call, Inc via Getty Images, Mario Tama/Getty Images, Alex Wong/Getty Images, Doug Mills-Pool/Getty Images. Design by Forbes The coronavirus pandemic has taken an inconceivable toll on the American
Republican Sen. Mitt Romney of Utah said he will vote against Judy Shelton, one of two Trump administration nominees to the Federal Reserve’s Board of Governors. ”I’m not going to be endorsing,” Romney told reporters Thursday. “I will be voting against it.” Shelton, an informal adviser to President Trump’s campaign in 2016, is nominated along
[embedded content] The founder and CEO of First Majestic Silver spoke with Kitco on Wednesday–the same day silver hit a 6.5-year high with September Comex silver prices trading up to $1.1403 at $22.96 an ounce. First Majestic (NYSE:AG, TSX:FR) is benefitting having traded up 14% on Wednesday and hitting a multi-year high of $14.05 a
Why the strong stock market in a weak economy? (Silver Doctors Editors) A good number of gold & silver investors keep up with the writings of Jim Rickards. He’s out with a new article, via The Daily Reckoning. In his latest article, Jim acknowledges the disconnect between the stock market and economic reality. Jim begins:
On a strange day in an even stranger year, the market reached a pandemic milestone. Monday July 20 saw the S&P 500 finish the session slightly ahead of June 8’s close, marking a new pandemic high. In the following two sessions, it extended its winning streak. Progress in the advancement of a COVID-19 vaccine certainly
Hundreds of unemployed Kentucky residents wait in long lines outside the Kentucky Career Center for help with their unemployment claims on June 19, 2020 in Frankfort, Kentucky. John Sommers II Persistently high unemployment claims show the impact of the spreading virus on the workforce, and economists are already warning that July’s employment report could show
From Birch Gold Group Thanks to the pandemic, Americans on the verge of retiring could be forced to deal with some adverse effects. NBC Connecticut provided some insight on the developing situation: Your Social Security payments have been determined in part by a formula that includes your earnings at age 60, two years before you’re eligible. Connecticut Congressman
Life insurance policies that include accelerated benefit riders provide several types of coverage to policyholders while they are still alive. They pay benefits on top of the traditional death benefit and cash value to policyholders who have a chronic illness, critical illness, or need long-term care if certain conditions are met. If you are
CNBC’s Jim Cramer on Thursday praised Tesla CEO Elon Musk for building a company that promises to be much more than just electric vehicles. “This man is selling technology, and he’s talking about fully assisted and then he’s talking about driverless. He’s thinking so much bigger,” Cramer said on “Squawk on the Street.” ”He’s a big thinker.
The EU has demanded that Google make major concessions relating to its $2.1bn acquisition of fitness-tracking company Fitbit if the deal is to be allowed to proceed imminently, according to people with direct knowledge of the discussions. Since it was announced last November, the acquisition has faced steep opposition from consumer groups and regulators, who
Boris Johnson is preparing to unveil sweeping curbs on how unhealthy foods are sold in Britain, with advertising, retail and food executives braced for one of the world’s most restrictive marketing regimes. Executives briefed on the government plans, which could be announced as early as next week, expect a ban on online advertising of unhealthy
UBS must pay more than $10 million to resolve charges that it engaged in a so-called flipping scheme, improperly allocating bonds meant for retail customers to “flippers” who then immediately resold the bonds to other broker-dealers at a profit. The SEC alleges that UBS registered representatives were involved with “flipping” and they knew or should
For years, tribalism has plagued the blockchain industry. Developers align to specific consensus protocols and defend technologies that use them, regardless of their limitations. These deeply rooted divisions are slowing the innovation needed to scale blockchain for future adoption. The enterprise market is only beginning to understand the promise of blockchain, and that promise will
A Landon Homes LP “Sold” sign is displayed at the Lexington Country development in Frisco, … [+] Texas, U.S. Photographer: Laura Buckman/Bloomberg © 2018 Bloomberg Finance LP Despite the double-whammy of an oil price collapse and a global economic shutdown, the housing market in Texas is hotter than a stolen tamale. New home permitting activity
A beachfront residence is seen in East Hampton, New York. Jeffrey Basinger | Reuters Home prices in the Hamptons hit new records as wealthy New Yorkers fled the Covid-19 troubles of the city for the beach, according to a new report. The median price of a single-family home in the Hamptons reached $1.1 million in
Tether Freezes Millions of Dollars USDT in 40 Addresses Amid Regulatory Pressure Stablecoin issuer Tether has blacklisted 40 Ethereum addresses holding millions of dollars of the tether cryptocurrency, 24 of which were banned this year. This finding follows the Centre Consortium taking a similar action due to a request by law enforcement. … read more.
Steps to take now in the last five years before retirement some you can travel the world once work … [+] becomes and option. getty For many people, retirement has always seemed like a far-off goal. With the Coronavirus lockdown, I’ve seen an uptick in people getting more serious about setting a retirement date. I’ve
Better than anticipated tax revenues for June put California in better financial shape than anticipated a few months back, but a rocky road still lies ahead. With the fuzzy numbers California used to pass a budget about to get clearer, state leaders will now have a better picture of just how much havoc the coronavirus
US Dollar, Gold, Silver Price Analysis & News Liquidity in Abundance with Cross-Asset Correlations Elevated Silver in the Roaring 20s, Gold looks to Record High Trend Continuation in Cross-Assets as Volatility Drifts Lower Liquidity in Abundance with Cross-Asset Correlations Elevated As liquidity stemming from monetary and fiscal policy remains rife, cross-asset correlations are elevated, most
Mnuchin says the tax holiday won’t be part of CARES 4.0, but may be in CARES 5.0. Here’s what else he said about the next round of stimulus this Thursday… Half Dollar’s Note: Wow! Not to hijack this article, but Gold is in the $1890s right now: Which is less than 2% from ALL TIME
Shares of Equifax (EFX) rose 5.5% in after-hours trading on Wednesday, thanks to its better-than-expected 2Q earnings. The credit-data company’s adjusted earnings of $1.60 per share topped analysts’ expectations of $1.30. Moreover, quarterly earnings jumped 14% year-over-year, reflecting higher revenues and improved margins. Equifax 2Q revenues grew 12% year-over-year to $982.8 million and beat Street estimates of
Chinese President Xi Jinping (R) and US President Donald Trump attend their bilateral meeting on the sidelines of the G20 Summit in Osaka on June 29, 2019. Brendan Smialowski | AFP | Getty Images The growing divide between China and the U.S. is expected to accelerate, disrupting long-running economic ties and forcing investors to reassess
by ahjhrfhKL43746DDf The current global economic system is based on the hyperglobalism and selective capitalism that has evolved from Adam Smith’s classic emancipatory capitalism into selective globalism that is supported by the IMF, the World Bank, and WTO and is dominated by the neo-imperial elite. This neo-imperial elite that is less than 1% of the
Riders are additional benefits that can be bought and added to a basic life insurance policy. They allow you to customize a policy and can provide several kinds of protection if you meet their conditions. Buying a rider means paying extra, but generally the additional premium is low because relatively little underwriting is required. Here are eight common