Month: June 2020

On a year-to-date basis, shareholders of the ProShares UltraShort Bloomberg Natural Gas ETF (NYSEARCA:KOLD) have seen quite a strong return, with shares delivering over 88% at the time of writing. While these returns have been very beneficial for long traders in the ETF, I believe that the tide is turning and that in the coming
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Debentures vs. Fixed Deposits: An Overview Debentures and fixed deposits are two different ways of investing money through relatively low-risk financial instruments. A debenture is an unsecured bond. Essentially, it is a bond that is not backed by a physical asset or collateral. A fixed deposit is an arrangement with a bank where a depositor places money into
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Shoppers ascend and descend escalators at the King of Prussia Mall, owned by Simon Property Group, United State’s largest retail shopping space, in King of Prussia, Pennsylvania. Mark Makela | Reuters Check out the companies making headlines after the bell. Micron Technology — The technology company’s stock jumped as much as 6% in extended trading
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Fidelity Management & Research is one of the largest, most recognizable mutual fund and brokerage providers in the United States. Edward Johnson founded the company in Boston in 1946, and today it is led by his granddaughter, chairman and chief executive officer Abigail Johnson. Fidelity services 32 million investors and 75 million customer accounts. A
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The LKS Foundation is an Italian non-profit foundation that aims to promote initiatives that use the principle of sharing information through blockchain technology and spread the culture of fintech to innovate in sectors such as crowdfunding, ICO, and decentralized finance technologies. The Foundation’s President, Federico Olivo, is chairman and co-founder at Vistra SRL, a company
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Known to millions as the Queen of Domestic Arts, Martha Stewart is a successful entrepreneur who built a media empire from scratch out of the old adage “there is no place like home.” During her pinnacle moments as a prominent media mogul, she found her name among the world’s wealthiest and powerful business leaders on the Forbes
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EY has told its partners how to prepare for difficult conversations with clients about its audits of Wirecard, the German payments company that has filed for insolvency after admitting that €1.9bn of cash probably never existed. In an internal note to senior partners on Friday, EY advised them to tell clients that the “objective” of
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A passenger walks through Reagan National airport as the novel coronavirus (COVID-19) pandemic continues to keep airline travel at minimal levels and the U.S. economy contracts in the first quarter at its sharpest pace since the Great Recession, in Washington, April 29, 2020. Kevin Lamarque | Reuters Direction requests Data from navigation tool Apple maps
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The market (NYSEARCA:SPY) just hit a speed bump by trying to rocket to the old high after a Covid-19 market crash. Everyone was amazed at the quick bounce-back in the market despite the enormous unemployment and the continuing bear market in the economy. The market was optimistically looking for a rare “V” bottom and a
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Housing choices are abundant, especially in urban areas, leaving many first-time homebuyers wondering which type of residence to buy. Each style of dwelling—condominium, townhouse, and detached home—has its pros and cons. Buyers should consider their lifestyles and budgets, as well as their level of desired involvement in home maintenance when deciding which style of home
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Getty Images Banks have pulled back from a popular credit card promotion on concerns that borrowers struggling during the coronavirus crisis may leave them with defaulting loans. Balance transfer offers, which typically entice borrowers to move their debt to a new lender in exchange for a temporary 0% interest rate, have been sharply reduced at banks
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Palm Springs’ luxury market is seeing increased activity Getty Here’s the luxury housing market update from realtor.com.  The latest numbers tell a positive story according to Javier Vivas, realtor.com’s director of research. “I was surprised when I saw the data telling us luxury buyers are back in full force.”  As stock market volatility continues Vivas,
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The number of new daily coronavirus cases hit records in several US states on Saturday, as officials started closing venues they had recently reopened and workers demanded new safety protections. Florida’s cases increased by 9,636 to 132,545, the state’s health department said Saturday. The state, the third-largest in the US, reported 8,942 new cases on
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Mid-cap stocks are the unsung heroes of the stock market, often holding their own against their large-cap counterparts. The S&P MidCap 400 Index has returned an average of 8.94% annually over the past 10 years. Mid-cap stocks likewise hold competitive advantages and greater financial resources than small-cap names. Investors seeking diversified mid-cap exposure may wish
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Philippine regulators said they are investigating the local partner businesses of Wirecard in a probe that may finally map out the full extent of the south-east Asian country’s exposure to one of Europe’s worst accounting scandals. The investigation by the country’s National Bureau of Investigation and Anti-Money Laundering Council comes after the dramatic collapse of
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