Economy - Finance

January 24 COVID-19 Test Results and Vaccinations

January 24 COVID-19 Test Results and Vaccinations

4 minutes ago   |   Calculated Risk

Note: Bloomberg has great data on vaccinations. "Vaccinations in the U.S. began Dec. 14 with health-care workers, and so far 22.4 million shots have been given, according to a...
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Sunday Night Futures

4 minutes ago   |   Calculated Risk

Weekend: • Schedule for Week of January 24, 2021 • FOMC Preview Monday: • At 8:30 AM ET, Chicago Fed National Activity Index for December. This is a composite index of other...
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Overall bitcoin-related crime fell last year, but one type of crypto hack is booming

6 hours ago   |   CNBC

Crypto-related crime fell last year to a small fraction of overall trading volume. But some crimes boomed as criminals exploited people working from home.
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China Passes U.S. As No. 1 Destination For Foreign Investment As Coronavirus Upends Global Economy

6 hours ago   |   Forbes

Foreign direct investment in the United States plummeted 49% in 2020 while investment in China rose 4%.
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Here Are The Biggest Risks To Derail An Economic Recovery In 2021, Goldman Sachs Warns

8 hours ago   |   Forbes

The investment giant is expecting GDP growth of 6.6% in 2021, unless any of these three things happen.
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Regional Report: NY Real Estate Investments and Residential Sales Decline

9 hours ago   |   RIS Media

The Real Estate Board of New York recently reported that year-to-date investment and residential sales totaled $47.1 billion, representing a 46 percent decline compared to 2019...
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Moving Parts: Pandemic Reshuffles Hot and Cold Housing Markets

9 hours ago   |   RIS Media   |   2 articles

Like any major market disruption, the COVID-19 pandemic has created its share of winners and the less fortunate across the real estate economy. Generally, the residential...
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FOMC Preview

9 hours ago   |   Calculated Risk

Expectations are there will be no change to rate policy when the FOMC meets on Tuesday and Wednesday this week. Here are some comments from Goldman Sachs economists: "The...
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As a financial planner, I always say your home will never be a good investment - but that doesn't mean you shouldn't buy one

As a financial planner, I always say your home will never be a good investment - but that doesn't mean you shouldn't buy one

11 hours ago   |   Business Insider

Summary List Placement As a financial planner, I tell my clients to treat their homes as utilities rather than investments - something you use rather than something that makes...
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China's century: Yuan to dethrone US dollar as major global currency, trend forecaster tells Max Keiser

China's century: Yuan to dethrone US dollar as major global currency, trend forecaster tells Max Keiser

12 hours ago   |   RT

China has become the only major economy left standing after the coronavirus pandemic rattled global trade and is set to strip the US of its leading positions soon, Gerald...
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The stock market is in risk-on mode as a sharp decline in COVID-19 cases...

The stock market is in risk-on mode as a sharp decline in COVID-19 cases means a big economic surprise is possible, Fundstrat's Tom Lee says

Summary List Placement A sharp decline in COVID-19 cases is leading to a newfound risk-on mode for the stock market, Fundstrat's Tom Lee said in a note on Thursday. The bullish... Read more ...

Wall Street analysts expect Apple to set a new milestone by topping $100...

Wall Street analysts expect Apple to set a new milestone by topping $100 billion in holiday quarter sales

Summary List Placement Apple on Wednesday is expected to post quarterly revenue topping $100 billion for the first time, according to Wall Street analysts. The consensus... Read more ...

January 23 COVID-19 Test Results and Vaccinations

January 23 COVID-19 Test Results and Vaccinations

Note: Bloomberg has great data on vaccinations. "Vaccinations in the U.S. began Dec. 14 with health-care workers, and so far 21.1 million shots have been given, according to a... Read more ...

Warren Buffett's Berkshire Hathaway has scored a 30x gain on its BYD...

Warren Buffett's Berkshire Hathaway has scored a 30x gain on its BYD investment. Here's the story of its bet on the Chinese electric-vehicle company

Summary List Placement Warren Buffett's Berkshire Hathaway has scored a 30-fold gain on its BYD investment. It spent $232 million in 2008 for a stake worth $7.4 billion... Read more ...

AOC says FEMA is preparing to cover $2 billion in COVID-19 funeral costs...

AOC says FEMA is preparing to cover $2 billion in COVID-19 funeral costs across the US: 'We finally got it done'

Summary List Placement The Federal Emergency Management Agency will reimburse up to $2 billion in costs for coronavirus funerals, said Rep. Alexandria Ocasio-Cortez, who pushed... Read more ...

As a financial planner, I always say your home will never be a good...

As a financial planner, I always say your home will never be a good investment - but that doesn't mean you shouldn't buy one

Summary List Placement As a financial planner, I tell my clients to treat their homes as utilities rather than investments - something you use rather than something that makes... Read more ...

China's century: Yuan to dethrone US dollar as major global currency, trend...

China's century: Yuan to dethrone US dollar as major global currency, trend forecaster tells Max Keiser

China has become the only major economy left standing after the coronavirus pandemic rattled global trade and is set to strip the US of its leading positions soon, Gerald... Read more ...

How Nigeria is becoming a top hub for open source development, with strong...

How Nigeria is becoming a top hub for open source development, with strong community, Big Tech investments, and successful startups like Paystack which Stripe just bought for $200 million

Summary List Placement When Nigerian developer Gift Egwuenu first started learning computer science as a student in 2012, she felt isolated: She was learning on her own most of... Read more ...

$7 billion Deliveroo is preparing for a blockbuster float. Here's the who's...

$7 billion Deliveroo is preparing for a blockbuster float. Here's the who's who of executives and investors steering it to IPO

Summary List Placement Amazon-backed food delivery startup Deliveroo is anticipated to float in 2021, marking a rare high-profile British technology float. Like rival Uber... Read more ...

China's forex reserves grow by over $100 BILLION in 2020 despite Covid-19...

China's forex reserves grow by over $100 BILLION in 2020 despite Covid-19 pandemic

China boosted its foreign exchange reserves by $108.6 billion last year to $3.22 trillion, in spite of the economic fallout of the coronavirus crisis, data from the State... Read more ...