(Photo illustration by Chesnot) Getty Images Bitcoin (BTC) has been on the rise since trading as low as 29,283.97 on July 20. Based upon its September close of 43,438.50 my proprietary analytics shows a risky level for October at 57,814. This level was exceeded in today’s trading. Gapping above its quarterly pivot at 45,713 on… More
Ecuador’s newly sworn-in President Guillermo Lasso. He allegedly transferred assets to trusts in … [+] South Dakota in 2017 amid reports that questioned his interests in a bank in Panama. (Photo by Cristina Vega RHOR / AFP) (Photo by CRISTINA VEGA RHOR/AFP via Getty Images) AFP via Getty Images In recent decades, South Dakota has… More
A charging order is by statute the exclusive remedy for a judgment creditor seeking to collect … [+] against a debtor’s interest in an LLC. getty As I have written on many occasions, it is often procedurally difficult for our courts to enter charging orders because they have so little statutory guidance. The so-called Harmonized… More
When it comes to prison, the inmates may stay inside but staff and contractors go in and out of the facilities at all hours of the day. This activity presents a risk for introduction of contraband goods into the prison. While those who are tasked with supervising prison inmates is high, so is the temptation… More
getty Mercifully, it’s the final trading day of September. While the market did not have a correction per se, it was a turbulent month, even by September’s standards. Before the market’s open on September 30th, the Dow DOW was down 2.7% for the month, the S&P 500 was down 3.6%, and the Nasdaq NDAQ was… More
(Photo by Yichuan Cao/NurPhoto) NurPhoto via Getty Images Cisco Systems CSCO set its 52-week intraday high at $60.27 on August 25. The stock is up 28.6% year-to-date and is 4.5% below the high. Longer-term the network equipment company is 63.1% above its October 19, 2020 low of $35.28. On Wednesday, September 15 the stock traded… More
Ask Larry Economic Security Planning, Inc. Today’s column addresses questions about how even with the deeming rules, it can still be possible to receive only retirement benefits before later spousal benefits, survivor’s benefit rates is the record holder dies before claiming and how the WEP and the GPO work. Larry Kotlikoff is a Professor of… More
Topline Capital One Cofounder and CEO Richard Fairbank has been ordered to pay a $637,950 civil penalty to settle charges he violated antitrust laws by repeatedly failing to report stock transactions associated with his compensation package over the past two decades, the Federal Trade Commission announced Thursday. Capital One signage adorns a window of a… More
Artificial intelligence and a hologram of a house and a percent sign. Mortgage concept for housing … [+] mortgage interest rates. Copy space, 3D illustration, 3D rendering getty Artificial Intelligence and its inherent bias seems to be an ongoing contributing factor in slowing minorities home loan approvals. An investigation by The Markup found lenders were… More
The cost of a college education continues to soar with no end in sight. College tuition rises at more than twice the rate of inflation, growing by about 8% per year, on average. At this rate, the cost of a college education will double every nine years. This has many parents understandably concerned about paying… More
In trading on Tuesday, shares of Vornado Realty Trust were yielding above the 5% mark based on its quarterly dividend (annualized to $2.12), with the stock changing hands as low as $41.33 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock… More
Portrait of pretty charming positive cute successful lucky cheerful girl standing under shower from … [+] money having a lot of money in hands isolated on pink background getty Looking to make a little extra cash? Is the stimulus check not doing it for ya? I love a side hustle, I really do. But they… More
A barista prepares cups of Geisha Natural coffee variety at the Elida farm, in Boquete, Panama, on … [+] January 24, 2020. – Panamanian coffee Elida Geisha Natural was cataloged the most expensive coffee in the world on 2019, when it was auctioned at 1,029 US dollars the pound. (Photo by Luis ACOSTA / AFP)… More
A Crown Resorts logo at the entrance to the Crown Melbourne casino and entertainment complex in … [+] Melbourne, Australia, on Wednesday, March 24, 2021. Carla Gottgens/Bloomberg Star Entertainment Group said Friday it pulled its proposed merger with Crown Resorts—controlled by billionaire James Packer—amid allegations of tax evasion and lax money laundering controls at Crown’s… More
Getty Images Getty Images Key Takeaways: Alphabet’s lagging cloud may be the linchpin to its future profitability and market dominance Some of the most significant developments in Alphabet’s portfolio are those that remain unnoticed Alphabet’s market performance year to date is soaring well above its FAANG peers by a wide margin Alphabet (GOOGL) arguably hit… More
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