The Federal Reserve will ban top officials from buying individual stocks and bonds as well as limit active trading after an embarrassing scandal that led two officials to resign and clouded Chair Jerome Powell’s path to renomination. “These tough new rules raise the bar high in order to assure the public we serve that all
Join Cointelegraph host and analyst Benton Yaun alongside resident market experts Jordan Finneseth and Marcel Pechman as they break down the latest news in the markets this week. Here’s what to expect in this week’s markets news breakdown: Then, special guest Big Cheds shares some technical analysis on trending charts, the factors he looks at
Gold mining ETFs are leveraged plays on the price of gold. Here is what investors need to know. VanEck Vectors Gold Miners ETF: https://www.zacks.com/funds/etf/GDX/profile?cid=CS-YOUTUBE-FT-VID IShares MSCI Global Gold Miners ETF: https://www.zacks.com/funds/etf/RING/profile?cid=CS-YOUTUBE-FT-VID Sprott Gold Miners ETF: https://www.zacks.com/funds/etf/SGDM/profile?cid=CS-YOUTUBE-FT-VID Van Eck Funds International Investments Fund: https://www.zacks.com/funds/mutual-fund/quote/INIVX?cid=CS-YOUTUBE-FT-VID Newport Mining: https://www.zacks.com/stock/quote/NEM?cid=CS-YOUTUBE-FT-VID Barrick Gold: https://www.zacks.com/stock/quote/GOLD?cid=CS-YOUTUBE-FT-VID Agnico Eagle Mines: https://www.zacks.com/stock/quote/AEM?cid=CS-YOUTUBE-FT-VID Kirkland Lake:
In this video David discusses the mental hurdle of placing your first trade with any type of instrument, regardless if it’s in forex, stocks or commodities. Trading can seem daunting and complex and beginners can make mistakes when they open their first active position. He takes you through the actual process of making that first
In this article GSBD A trader works on the floor of the New York Stock Exchange (NYSE) in New York, Sept. 20, 2021. Michael Nagle | Bloomberg | Getty Images Goldman Sachs just closed its second billion-dollar blank-check deal ever as the Wall Street firm seeks to change the struggling SPAC market by building a
In this article CSX IBM CROX T Crocs store in New York City. Michael Brochstein | SOPA Images | LightRocket | Getty Images Check out the companies making headlines before the bell: AT&T (T) – AT&T rose 1.5% in premarket trading, after the company beat estimates by 9 cents with an adjusted quarterly profit of
Muncie, Indiana’s weak investment grade rating survived a S&P Global Ratings review of several debt restructurings. S&P placed the city’s BBB-minus general obligation credit and several other ratings on CreditWatch with negative implications in August as it reviewed the motives and impact of the restructurings and resolved the action this week. “We removed the ratings
The European Central Bank is pushing banks to add hundreds of extra staff and billions of extra capital to their post-Brexit operations in continental Europe. One of the big surprises of Brexit was how few jobs moved from the City to the EU, with Financial Times research showing only a minimal reduction of London bank
With a career as a renowned art auctioneer and founder of Los Angeles Modern Auctions, Shannon Loughery knows a valuable masterpiece when she sees one—and Loughery’s recently listed Midcentury Modern-style home in Encino is just that. Determining the value of a work of art is not so different from that of a home. Ask any
China Evergrande Group started returning a small portion of the money owed to buyers of its investment products, weeks after people protested against missed payments at its Shenzhen headquarters, pictured here on Sept. 30, 2021. Gilles Sabrie | Bloomberg | Getty Images BEIJING — China Evergrande shares briefly dropped more than 10% in opening trade
A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risks and keep consumers safe has proven wholly insufficient,”
Municipal benchmark yield curves were little changed on average trading Wednesday as the primary was the focus while the Investment Company Institute reported another week of inflows into municipal bond mutual funds. There was some uncertainty and a tentative mood hanging over the market, but traders said the large deals got done. Bids-wanted lists have
Bitcoin (BTC) surged to a new all-time high today, hitting close to $67,000. Ether (ETH) also broke above its immediate resistance and has started its march toward the all-time high. This pushed the total market capitalization of the crypto sector to a new all-time high above $2.64 trillion. The successful debut of the ProShares’ Bitcoin
Billionaire investor Paul Tudor Jones told CNBC on Wednesday he views cryptocurrencies right now as a better hedge against inflation than gold. “It would be my preferred one over gold at the moment,” Jones said in a “Squawk Box” interview. He added, “Clearly, there’s a place for crypto. Clearly, it’s winning the race against gold
In this article WDFC NFLX VZ WGO BIIB A customer enters a Verizon store in San Francisco, California, U.S., on Tuesday, July 20, 2021. Bloomberg | Getty Images Check out the companies making headlines before the bell: Anthem (ANTM) — The health insurer reported adjusted quarterly profit of $6.79 per share, beating the $6.37 per
Municipals were softer with small cuts to benchmarks on Tuesday as the focus was mostly on the sizable new-issue calendar and deals were repriced to lower yields. Spreads have been widening, but secondary trading was on the light side and triple-A benchmarks were cut by only a basis point in spots even as U.S. Treasury
Jens Weidmann has decided to step down after a decade as head of Germany’s central bank in a move that comes weeks after the country’s general election and shortly before a crucial decision on the future of eurozone monetary policy. Since he joined the Bundesbank, Weidmann has been one of the most vocal critics of
Where does the host of “Jack Hanna’s Into the Wild” go to kick back? Into his own private wilderness, of course. Wildlife expert, retired zookeeper and reality TV personality Jack Hanna and his wife Suzi have put their hideaway in Bigfork, Montana, on the market at US $3.988 million. Jack Hanna, known to TV viewers
A house for rent in Corona Del Mar, California. Scott Mlyn | CNBC Demand for single-family rental homes is showing no sign of easing up, and that is pushing rents through the roof, especially for the highest-priced properties. As a result, investors are now flooding into the market again, after falling back a bit during
ProShares’ Bitcoin Strategy exchange-traded fund (BITO) saw the highest ever first day “natural” volume for an ETF, with the figure reaching a little over $1 billion by the end of the opening day. It is second overall, tailing just behind the Blackrock US Carbon Transition Readiness ETF which booked $1.16B in volume on its debut