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Monthly Archives: November 2021

Staples Center to become Crypto.com Arena in reported $700 million naming rights deal

[ESPN News] LOS ANGELES — Staples Center is getting a new name. Starting Christmas Day, it will be Crypto.com Arena. The downtown Los Angeles home of the NBA’s Lakers and Clippers, the NHL’s Kings and the WNBA’s Sparks will change its name after 22 years of operation, arena owner AEG announced Tuesday night. Crypto.com is paying $700 million, according to multiple reports, […]

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A Legendary Billionaire Market-Maker Issued A Serious Bitcoin Price Warning—And A Bold Ethereum Prediction

[Forbes, Getty Images] Bitcoin and ethereum have rocketed to fresh all-time highs this week, propelling the combined crypto market to around $3 trillion. The bitcoin price has since fallen back slightly, dropping toward $60,000 per bitcoin, while ethereum has also retreated from highs of near $5,000 per ether. Bitcoin’s market capitalization is currently around double ethereum’s […]

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A record 4.4 million people quit in September as Great Resignation shows no signs of stopping

[CNBC, Getty Images] A record-high 4.4 million people, or 3% of workers, quit their job in September, according to the Labor Department’s latest Job Openings and Labor Turnover Survey released Friday. The tight market, where workers have more leverage to move around and employers are doing everything they can to staff up, is already impacting the holiday shopping […]

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Did Shiba Inu Just Land Its First Major Merchant?

This global company may soon incorporate SHIB tokens as a form of payment. [The Motley Fool, Getty Images] Dating back multiple generations, no investment vehicle has been a more proven wealth-builder than the stock market. Since the beginning of 1980, the average annual total return (i.e., including dividends) of the broad-based S&P 500 is over 11%, which […]

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Experts say the 4% rule, a popular retirement income strategy, is outdated

[CNBC, Getty Images] The 4% rule, a popular strategy to gauge withdrawals from one’s retirement portfolio, won’t work as well in coming decades due to lower projected stock and bond returns, according to a Morningstar paper published Thursday.The withdrawal rate should instead be 3.3%, the paper said. That can have a big financial impact on […]

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Robinhood’s data breach involved about 7 million customers. Here’s how to protect your credit from fraudsters

[CNBC, Reuters] The online brokerage said Monday that a Nov. 3 data breach involved about 7 million customers.Most of them had either their email address or full names exposed, while a small group had more extensive information compromised.The incident is a good reminder that there are ways to prevent criminals from using your personal information […]

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The House passed the bipartisan infrastructure bill⁠—here’s how crypto investors will be impacted

[CNBC, Twenty/20] The House passed the $1.2 trillion bipartisan infrastructure bill late Friday. Now, it’s off to President Joe Biden’s desk to be signed. The legislation includes tax reporting provisions that apply to digital assets like cryptocurrency and nonfungible tokens, or NFTs. There are two potential ways crypto investors will be impacted. Here’s a look at each. […]

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‘Ethereum Killers,’ Metaverse Tokens Seen as Next Millionaire Makers

[Nasdaq, Adobe] After surging nearly 12,000% in the past year, Solana and Polygon – dubbed ‘Ethereum killers’ as they are faster and cheaper than the world’s second-largest cryptocurrency – have stolen headlines this year. And the party is just getting started with the fast-growing networks and a slew of rivals poised to see even bigger […]

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Millennials own nothing because the economy screwed us over for 25 years – but older generations still try and blame it on our work ethic

[Business Insider, Leung/Insider Intelligence] My parents don’t understand why I don’t own a house, a car, or a retirement savings account.My generation has fewer job opportunities, more student debt, and outrageous housing prices.It’s far worse for us than it was for previous generations.Ingrid Cruz is a freelance writer based in Mississippi.This is an opinion column. […]

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Evictions are still banned in these states

[CNBC, iStock | Getty Images] Months after the national ban on evictions expired, a number of states and cities have either kept in place or implemented policies curbing the proceedings.Here’s where renters are still protected.Months after the national ban on evictions expired, a number of states and cities have either kept in place or implemented […]

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