Yearly Archives: 2021

SEC Chair Gensler eyes corporate disclosures to curb consolidation

U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler will lean on corporate disclosures as the Biden administration sets its eyes on curbing anti-competitive behavior. In a meeting of the newly-formed White House Competition Council set to take place later this week, Gensler will also emphasize the agency’s examination of the impact of revenue models like payment for order flows, a senior SEC official told Yahoo Finance. The SEC is one of six independent agencies scheduled to… Source link

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Bitcoin is the future despite billionaire haters: Ark Invest’s Cathie Wood

In not so many words, uber popular money manager Cathie Wood told Yahoo Finance Live billionaire and money manager John Paulson should put a few books about bitcoin (BTC-USD) on his fall reading list because the leading cryptocurrency is here to stay.  “John Paulson made an incredible call during the mortgage crisis. He has been a gold bug, I would say, for most of his career. And many investors who have spent their careers focused on gold cannot understand the digital concept associated… Source link

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Using Early Yahoo ADP & Rankings to Your Advantage (21-22 Fantasy Basketball)

The NBA season doesn’t get underway until October 19, but if you’re itching to draft, you can take full advantage of Yahoo’s fantasy basketball ADP. Because player values have yet to catch up with general consensus and available data, there are plenty of guys who are being highly overvalued and many more who are being slept on. In this piece, I’m going to highlight players from each of the top-10 rounds who are values or fades at current ADP. I’ll close the article… Source link

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2 things to cheer in August’s jobs letdown — and one big worry: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Tuesday, September 7, 2021 With unemployment down and pay up, Delta variant is clearly ‘scaring off customers’ The usual summer doldrums — and one particularly implacable virus — clearly took its toll on U.S. job creation last month. The market’s most closely watched high-frequency data series was an unmitigated letdown in August, with new… Source link

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FTSE falls as Johnson unveils tax rises

UK prime minister Boris Johnson plans to raise national insurance rates by an expected 1.25 percentage points. Photo: Toby Melville/Pool/Reuters Markets made moves lower on Tuesday in London as an announcement by prime minister Boris Johnson that the UK will implement a tax rise of more than £12bn a year reverberated. The tax rise will finance a new tranche of spending on health and social care and has been met with a wave of opposition from Conservative MPs. It is the largest tax increase in… Source link

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Google’s Incredible New Photo AI Makes ‘Zoom And Enhance’ a Real Thing

You may well have seen sci-fi movies or television shows where the protagonist asks to zoom in on an image and enhance the results – revealing a face, or a number plate, or any other key detail – and Google’s newest artificial intelligence engines, based on what’s known as diffusion models, are able to pull off this very trick.   It’s a difficult process to master, because essentially what’s happening is that picture details are being added that the camera didn’t originally capture,… Source link

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Stocks Climb as Japan, China Gain; Treasuries Dip: Markets Wrap

(Bloomberg) — Most Asian stocks rose Tuesday as Japan extended a rally and traders took heart from indications that the global recovery is weathering challenges from the delta virus variant. Japan’s Nikkei 225 hit 30,000 for the first time since April as an index reshuffle added to optimism that a new prime minister will usher in favorable policies. China climbed, aided by a continuing rebound in technology stocks and better than expected trade data. S&P 500 and Nasdaq 100 futures edged up… Source link

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George Soros Calls BlackRock’s China Investment ‘Tragic Mistake’

(Bloomberg) — George Soros criticized BlackRock Inc.’s China push as a risk to clients’ money and U.S. security interests, in the billionaire financier and philanthropist’s latest broadside against investment in the world’s second-largest economy. “Pouring billions of dollars into China now is a tragic mistake,” Soros wrote in an op-ed in the Wall Street Journal. “It is likely to lose money for BlackRock’s clients and, more important, will damage the national security… Source link

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10 Trending Stocks on Reddit

In this article, we discuss the 10 trending stocks on Reddit. If you want to skip our detailed analysis of these stocks, go directly to the 5 Trending Stocks on Reddit. The finance world has been rocked in recent months by the dramatic influx of retail investors on the marketplace. According to a report by professional services firm Deloitte, the COVID-19 pandemic played a central part in this story, as more than 10 million Americans opened a brokerage account in 2020. In January 2021, at the… Source link

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