Month: November 2020

Cameron (L) and Tyler (R) Winklevoss. Adam Jeffery | CNBC Early bitcoin investors and founders of crypto-exchange Gemini, Tyler and Cameron Winklevoss, see bitcoin gaining more than 25 times its current value as more investors adopt the cryptocurrency as an inflation hedge. “We think it will be the best performing asset of the current decade,”
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In 1985, Ivan Boesky reportedly told the graduates of the Haas School of Business at the University of California, Berkeley that greed was “healthy.” Legend has it the sentiment and Boesky himself inspired the iconic character Gordon Gekko in the 1987 movie “Wall Street.” Today, Boesky‘s name may no longer be synonymous with Wall Street
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Bill Clark | CQ-Roll Call, Inc. | Getty Images “If we are going to get another round of stimulus, I can’t imagine that won’t be included in it,” said Michael Strain, director of economic policy studies at right-leaning think tank American Enterprise Institute, of a new weekly subsidy. Strain added, however, that he thinks “it’s
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More than 40 million Americans have student loan debt, and outstanding student loans nationwide total more than $1.5 trillion. Soon, the government’s pause on federal student loan payments will expire, leaving millions of borrowers grappling with how they’ll pay what they owe in 2021. But Brandon Leake, a 28-year-old husband and father, figured out a
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Demonstrators display signs calling for an end to evictions and foreclosures during a rally at Boston Housing Court outside the Edward W. Brooke Courthouse on Oct. 29, 2020. David L. Ryan/The Boston Globe via Getty Images Expiring state eviction bans have led to hundreds of thousands of additional coronavirus cases, new research finds, raising alarm
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Read ‘Why bond yields are so low’ : http://on.ft.com/2e9kOE0 Negative yielding bonds are bonds which have a negative interest rate. It means that when a person buys those bonds, instead of generating profit, they lose money. Why would anyone buy such bonds then? Some institutions are forced legally, others are betting and hope to make
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VioletaStoimenova | E+ | Getty Images Occasionally, a financial advisor grabs national attention by swindling clients out of millions, evading arrest via a bizarre escape plan or, sometimes, both. Luckily, there are ways investors can guard against high-profile cons or more under-the-radar criminality, according to financial experts. “These guys are very convincing in a very
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