[CNBC] 1. Nasdaq futures fall as tech stocks continue to sink Tech stocks extended their worst rout since March, with Nasdaq futures tracking for a nearly 3% decline at Tuesday’s open. A plunge of that magnitude at the close would bring a three-session loss in the Nasdaq to the brink of a correction, […]
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[Forbes] Featuring an Updated Philanthropy Ranking and the Third Annual Impact 50 List of Impact Investors NEW YORK – September 8, 2020 – Forbes today released the 39th annual Forbes 400 list, the definitive ranking of the wealthiest Americans—including a comprehensive report of not only what these billionaires are worth, but how they […]
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[MarketWatch, AP Photo] September is a notoriously weak month for investors and October also has the hallmarks of a rough patch for Wall Street, with the Nov. 3 presidential election looming. A bout of volatility returned to financial markets with a vengeance last week, disrupting a nearly uninterrupted climb to […]
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[DeCrypt] Texas Securities Commissioner issued the cease and desist order for a crypto fraud scheme that promises large returns. The Texas Securities Commissioner on Thursday demanded the immediate shutdown of a cryptocurrency investment program it alleges is operated by a would-be guru, one Eric Darwin Balusek, a.k.a. “Bitcoin Pope”. Texas […]
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[MarketWatch, Getty Images] Critical information for the U.S. trading day On no obvious catalyst, the winners of 2020 were absolutely hammered on Thursday — a sea of red for the likes of Apple, Microsoft, Tesla TSLA and Zoom Video Communications ZM . And the selling wasn’t limited to technology stocks — small-caps RUT and value stocks VLUE also fell. […]
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[Forbes, Getty Images] Bitcoin has declined sharply this week, losing over 5% in under 24 hours and causing traders to nervously eye the psychological $10,000 per bitcoin level. The bitcoin price lost $1,000 in a matter of hours, falling under $11,000 per bitcoin on Thursday morning with the U.S. stock market posting […]
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[Forbes, Getty Images] It is a little annoying when you see an obvious trading set up but you don’t press the button. This is one such instance I wrote about in July: “I should buy Berkshire Hathaway BRK.B, but again while the Nasdaq zooms with Fed new money, the time is not […]
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[CNBC, GETTY IMAGES] Despite lingering global economic risks from the Covid-19 pandemic and geopolitical tensions, Wednesday saw the S&P 500 and Nasdaq both notch record highs. A “Minsky moment,” named after economist Hyman Minsky, refers to a sudden market collapse following an unsustainable bull run, which in this case could […]
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[Bloomberg, Getty Images] Largest cryptocurrency drops after hitting $12,000 threshold Alt coins Bitcoin Cash, Ether, Litecoin tumble as least 10% Bitcoin posted its largest one-day decline in about a month just a day after reaching $12,000. Other digital currencies registered deeper declines. The world’s largest cryptocurrency fell as much as […]
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[Fox News] Suzan Bryant’s finances are tight. Tuesday, the Jacksonville mom told Action News Jax she’s furloughed because of the pandemic. “Its been really rough. Luckily, my husband works. We have a teenager so that makes it even harder,” Bryant said. Action News Jax started helping hundreds of families facing […]
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