Bloomberg This Crypto Kid Had a $23,000-a-Month Condo. Then the Feds Came. (Bloomberg) — Stefan Qin was just 19 when he claimed to have the secret to cryptocurrency trading.Buoyed with youthful confidence, Qin, a self-proclaimed math prodigy from Australia, dropped out of college in 2016 to start a hedge fund in New York he called Virgil Capital. He told potential clients he had developed an algorithm called Tenjin to monitor cryptocurrency exchanges around the world to seize on price… Source link
Read More »28% of Americans bought GameStop or other viral stocks in January: Harris Poll-Yahoo Finance survey
TipRanks 3 Big Dividend Stocks Yielding at Least 9%; BTIG Says ‘Buy’ How important are dividends to a stock investor’s profits? Speaking before the Financial Industry Regulatory Authority (FINRA) on October 15, 2007, investing guru John Bogle laid out the case: “Over the past 81 years… reinvested dividend income accounted for approximately 95 percent of the compound long-term return earned by the companies in the S&P 500. These stunning figures would seem to demand that mutual funds… Source link
Read More »Another 779,000 Americans filed new unemployment claims last week
TipRanks 2 Stocks Flashing Signs of Strong Insider Buying Tracking insiders’ stock purchases can make a viable investment strategy. Corporate insiders – the company officers and board members – are naturally positioned to be in the know, to know how company policies and performance will impact stock prices. They can use that knowledge to inform their own stock purchases – but not unfairly. By law, they must disclose publicly their own stock holdings, and the general public can learn… Source link
Read More »What is ‘vaccine nationalism’ and why should Americans care about it?
The Telegraph Reining in the big hitters: Golf’s governing bodies take steps to tackle game’s distance problem Golf’s leading authorities signalled their intention to rescue the future of the sport from the big hitters on Tuesday by unveiling proposals to rein in the likes of Bryson DeChambeau and Rory McIlroy. The game’s two governing bodies, the R&A and the US Golf Association, have paved the way for restrictions on equipment including limits on the length of drivers and the introduction… Source link
Read More »Google Wants Americans To Subsidize Their Electric Bill
In the Southeast United States, Google GOOG is one of the large industrial actors leading an effort to restructure the region’s energy markets. Google, and other corporations backing this proposal, claim they are acting virtuously to secure more clean energy. However, the reality is that these efforts are best seen as a strategy for reducing their electricity bills rather than carbon emissions, and should it succeed it would result in most other Americans— including low income… Source link
Read More »More than two-thirds of Americans side with Biden on COVID relief — and most support the rest of his agenda
When asked about the 20 policies that define President Biden’s agenda, more Americans support than oppose all 20 of them, according to a new Yahoo News/YouGov poll. The margins are decisive. The majority of Biden’s proposals garner at least twice as much support as opposition. Nearly half are favored by more than 60 percent of Americans. The survey of 1,516 U.S. adults, which was conducted from Jan. 20 to Jan. 21, comes at a time when partisan divisions in Washington are driving a fierce… Source link
Read More »More than two-thirds of Americans side with Biden on COVID relief — and most support the rest of his agenda
When asked about the 20 policies that define President Biden’s agenda, more Americans support than oppose all 20 of them, according to a new Yahoo News/YouGov poll. The margins are decisive. The majority of Biden’s proposals garner at least twice as much support as opposition. Nearly half are favored by more than 60 percent of Americans. The survey of 1,516 U.S. adults, which was conducted from Jan. 20 to Jan. 21, comes at a time when partisan divisions in Washington are driving a fierce… Source link
Read More »60% of Americans believe colleges should drop the SAT
At one point, standardized tests, the SAT and the ACT, were considered the gold standard for evaluating college preparedness — but are they still held in such high esteem today? Following the news that The College Board, the company that administers the tests, is eliminating the essay and subject-specific tests, Yahoo Finance, together with The Harris Poll, asked 1,000 readers their thoughts on standardized testing. [Read more: Why College Board is getting rid of SAT essay and subject… Source link
Read More »Another 875,00 Americans seen filing unemployment in the latest week
The ranks of the unemployed are expected to swell anew, with Wall Street economists forecasting a marginal improvement in weekly jobless claims amid a relentless wave of COVID-19 infections dragging on the economy. The Department of Labor will release its weekly report on new jobless claims Thursday morning at 8:30 a.m. ET. Here is what Wall Street is expecting, according to consensus estimates compiled by Bloomberg: Initial jobless claims, week ended Jan. 23: 875,000 expected vs. 900,000… Source link
Read More »Suze Orman says these are Americans’ biggest money blunders
Suze Orman says these are Americans’ biggest money blunders Best-selling personal finance author and TV personality Suze Orman has been inspiring Americans for decades to make better money moves and avoid serious financial mistakes. She’s been as busy as ever in 2020, providing consumers with advice on how to weather the coronavirus crisis. In times of hardship and prosperity, Orman will be the first to tell you that what you don’t do with your money may be even more important than what you do… Source link
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