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Business
Jobs data shows fewer openings as labor market shifts toward employers
Two years ago, when Richard Jordan switched manufacturing jobs, he reaped the benefits of an employer feeding frenzy for his services.In the end, Jordan, 58, a senior manager who oversees purchasing and production planning, was offered a 15% to 20% raise from his prior salary and negotiated an additional bump.Now, with his auto supply company…
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Futures: Apple Near Buy Point, Musk Scolds FSD User
Dow Jones futures tilted higher Wednesday morning, along with S&P 500 futures and Nasdaq futures. The stock market rally closed slightly lower on Tuesday after big retreats in the prior two sessions. Investors are cautious about making big bets ahead of Fed chief Jerome Powell's big Jackson Hole speech on Friday.
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Apple (AAPL) is…
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How Social Security’s overpayment mistakes can become your responsibility
Each month, about 71 million Americans - retirees, disabled workers and others – receive checks from Social Security. But each year, about a million people get something else in the mail – a bill. They're told they owe the government money, sometimes tens of thousands of dollars, because the Social Security Administration miscalculated their…
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Halifax Plantation home was custom designed
This well-maintained home, sitting on a private half-acre cul-de-sac in Halifax Plantation, hit the market for the first time since it was custom designed and built 25 years ago. Soaking in natural light provided by the expansive windows and soaring ceilings, the split plan offers five bedrooms and five bathrooms, including a large owner's…
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Australia’s NEM: Urgent need for energy storage in ‘world’s most volatile electricity
The NEM interconnects power markets in the Australian states of Victoria, Queensland, New South Wales (NSW), South Australia and Tasmania. Drivers of the volatility being seen are outages at coal power plants, the impacts of natural disasters on transmission infrastructure and the increasing penetration of variable renewable energy on the…
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UK regulator advocates for asset managers to tokenize funds
Investment managers in the United Kingdom are receiving regulatory support to leverage blockchain technology for the tokenization of funds, breaking away from conventional record-keeping systems.In a recent report published by The Investment Association (IA), it argued that fund tokenization – which refers to issuing tokenized units or shares on…
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Bitcoin battles 2-month resistance amid ‘most hated’ stocks rally
Bitcoin (BTC) pierced the top of a stubborn trading range on Aug. 11 as a decidedly awkward rally took hold of risk assets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin retracement warnings intensify near $25,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting highs of $24,750 on Bitstamp, marking…
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Pfizer Has Cash To Burn — So It Might Buy This Soaring Biotech
Rumors that Pfizer (PFE) is in "advanced talks" to acquire Global Blood Therapeutics (GBT) for about $5 billion sent GBT stock flying for a second consecutive day Friday.
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Global Blood Therapeutics makes a sickle cell disease treatment called Oxbryta for patients age 4 and older. According to the Wall Street Journal, Pfizer is set to…
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Want True Passive Income? Do This Instead of Buying a Rental Property
(Maurie Backman)
Passive income is an investor's dream. You get to sit back and get paid on a regular basis without having to go out and hustle.Meanwhile, investing in real estate is a great way to set yourself up with passive income. But that doesn't necessarily mean going out and purchasing a property you…
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