Adrian Black / Getty Images Dogecoin co-founder Jackson Palmer had some harsh words about cryptos, calling them “an inherently right-wing, hyper-capitalistic technology built primarily to amplify the wealth of its proponents through a combination of tax avoidance, diminished regulatory oversight and artificially enforced scarcity,” in a Twitter rant yesterday. Palmer added that he will wholeheartedly not “return to cryptocurrency.” See: Which Cryptocurrency Are You Invested In? Take… Source link

Come 2034, incoming revenues will be enough to pay about 76% of scheduled Social Security benefits, a 2020 Social Security Administration trustees report predicts. Given that, how might different generations plan for this? Should they plan for a 24% decline in their scheduled benefit? Should they not factor Social Security benefits into their retirement income plan at all? Or might they do something else. “Though I think it far more likely that some combination of reforms will eliminate the… Source link

In this May 2000 file photograph, sheep graze at the base of Ben Nevis in Scotland. Photo: Lisa Marie Pane (AP) A few years ago, instead of leading my best friend and I through a lovely and picturesque Spanish mountain trail, Google Maps took us to an isolated field with some cows. While I learned then not trust the internet when it comes to nature, it appears that an increasing number of visitors to the Scottish mountain Ben Nevis continue to do so, which could endanger their lives. In… Source link

Student borrowers with certain types of private loans inched closer to being able to discharge that debt in bankruptcy after a New York court ruling. On Thursday, the U.S. Court of Appeals for the Second Circuit sided with student debtor Hilal Homaidan against student loan giant Navient (NAVI), which had argued that private student loans could not be erased under the existing bankruptcy laws. A three-judge panel determined that certain private student loans can be discharged in certain cases… Source link

New Street raised the price target for the Yandex N.V. (NASDAQ:YNDX) stock to “a Buy”. The rating was released on April 06, 2021. The stock was upgraded by BofA Securities, who disclosed in a research note on November 24, 2020, from Neutral to Buy and set the price objective to $80. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report… Source link

In this article, we discuss the 10 stocks Reddit’s WallStreetBets is now targeting. If you want to skip our detailed analysis of these stocks, go directly to Beyond GameStop: Reddit’s WallStreetBets is Now Targeting These 5 Stocks. Retail investors have been exercising ever greater influence on the overall market dynamics the past few months, as the record stock rallies of GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings, Inc. (NYSE: AMC) have demonstrated. However, as their… Source link

Google Chrome continues to dominate the web browser market with more than two billion users worldwide. The flipside is it also dominates the attention of hackers causing Google to issue its third urgent upgrade warning in a month.  Google has urged Chrome around the world to upgrade after it discovered a serious ‘zero day’ … [+] vulnerability in its web browser LightRocket via Getty Images MORE FROM FORBESGoogle Confirms 7th Chrome ‘Zero Day’ Vulnerability, Upgrade NowBy Gordon… Source link

How do authorities dispose of confiscated cryptocurrency mining rigs? In a city in Sarawak, Malaysia, authorities got rid of 1,069 rigs at once by crushing them with a steamroller, Vice reports. According to Malaysian publication Dayak Daily, the PCs were confiscated over six raids conducted between February and April this year. Sarawak Energy Berhad, the electric utility company of the Malaysian province, is accusing the mining operators of stealing electricity for their activities. The… Source link

Higher demand and reduced supply could be drivers for higher reads on inflation. Another reason? Simple math. Consider, for example, if prices increase by 30%. But what if prices fell by 30% before? Would that mean prices are back up to where they were? Percentages don’t tell the whole story, which is why looking at price levels can be just as important as looking at inflation rates. Economists refer to the distortions in relative price changes as “base effects.” What are base… Source link

Photo: Yandex.ru Russian tech giant Yandex announced last week that it would withdraw its contract to buy online fashion retailer Kupi VIP, but said it was considering alternative retailers in the fashion arena. In May, we agreed to purchase online retailers on private terms to enhance Yandex.Market, a free platform for displaying products in retail stores and online stores. The transaction was expected to close in the third quarter of this year. “Yandex.Market does not exercise the… Source link