Conspiracy theories about the facemask’s role in combating the spread of the deadly coronavirus refuse to fizzle away. People are increasingly questioning their need even as the U.S continues to register record numbers of infections at the back of one of the world’s highest death rates. Some people have already found a way to fuel
Staff Writer
Tether (USDT) has seen its market capitalization surge to over $10 billion as the most trusted and liquid stablecoin continues to experience substantial growth. Following the surge, the stablecoin has cemented its position in the industry as the third-largest crypto by market cap surpassing XRP. Tether is the third-largest crypto by market cap The announcement
Going green is the new norm in the real estate sector as the race to cut long term carbon footprint heats up. Green properties are increasingly cropping up around the world has become as developers look to leverage their synergies in addition to conserving the environment. Green Property Standardization In the race for a more
Exchange-traded Funds are powering high as investors continue to bet on the U.S stock market on optimism over stimulus and earnings amid the tepid environment fuelled by COVID-19. ETF trading volumes have surged in recent weeks as investors look to gain exposure to the broader stock market with exposure to some of the biggest and
Treasury Yields are being hammered as uncertainty continues to grip the capital markets amid the havoc-causing COVID-19 pandemic. The 10-year Treasury note and the 30-year Treasury bond are on a downward spiral now that it has become clear that a new round of fiscal stimulus is highly needed to stabilize the struggling U.S economy. Bonds
The U.S stock market and the economy are lacking many of the underlying principles previously used to explain them historically. Those are sentiments echoed by hedge fund billionaire, Leon Cooperman. He is the chairman and CEO of Omega Advisors, a New York-based investment advisory firm managing over $3.3 billion in assets under management. According to
The investment landscape in Europe is slowly changing. Retail investors are increasingly taking the fight to institutional investors as the race for investment opportunities in the equity markets gather speed. Trading volumes in some of Europe’s big Exchange Traded Funds have more than doubled since the start of the year. Europe’s ETF Demand The spike
As you get close to retirement age you may start becoming worried that you will not be able to afford retirement. This is the predicament that older adults are finding themselves in and thus some have to work longer or find alternative ways of ensuring they have saved enough for retirement. Most importantly, when thinking
Twitter’s biggest security breach that targeted high-profile accounts belonging to the likes of Bill Gates, Elon Musk, and Barrack Obama, was not the work of a sophisticated hacking group. Instead, it started as a prank between a group of teenagers who used the opportunity to scam users out of thousands of dollars worth of Bitcoin’s.
The housing market is heating up after starting the year on a roll. The COVID-19 pandemic has taken a toll on various sectors of the economy, with the housing industry not spared a bit. Uncertainty is the theme that continues to take a toll on the once burgeoning segment of the U.S economy. U.S Real
Twitter’s vulnerability was yet gain laid bare as a number of high profile twitter account fell in the hands of hackers who ended up propagating a Bitcoin giveaway scam. While most people are increasingly blaming Bitcoin, the social networking giant also has some blame to bear given the way the hackers were able to access
The U.S bond market has always been bigger than the stock market, and the trend is not expected to change anytime soon amid a dovish outlook in the sector. Immediate data indicates that over $40 trillion is invested in the bond market against $30 trillion in the stock markets. Bond Markets Outlook Bonds have always
Demand for Exchange Traded Funds is at an all-time high as would-be investors look to profit from one of the longest bull runs in the equity markets. ETFs have become increasingly popular with total assets under management in the space clocking record highs of $4 trillion from just $530 billion in 2008. Strong demand for
One year since it started, the U.S-China trade war is far from over, having had casualties and disrupting the way countries trade with each other. The most significant casualties have been U.S and Chinese companies that have had to change their investment plans in the two countries and how they do business. U.S-China Trade War
The electric vehicle market is the subject of intense biding tone in the wake of Tesla Inc. (NASDAQ:TSLA) surging to record highs. With the auto industry experiencing one of the most significant transformations away from fossil-fuels, investors are increasingly turning to the likes of Nio Inc. (NYSE:NIO) and Spartan Energy Acquisition Corp (NYSE:SPAQ.UN) in pursuit
The COVID-19 Pandemic has dramatically affected the social and financial lives of people. Many businesses have been impacted, resulting in reduced salaries and even furloughing employees as uncertainty continues to grow. The pandemic has taught several lessons about personal finances that they can adapt to when facing an economic downturn. Here are five personal finance
Pfizer Inc. (NYSE:PFE) stock edged higher and closed in the green as most areas of the market closed in the red amid growing concerns over the second wave of coronavirus infections in the U.S on Monday. The U.S drugmaker is the subject of attention in the market after it emerged that the company’s experimental coronavirus
Gold has been on an incredible roll since 2018 and continues to gather steam with the precious metal flirting with eight-year highs after a meteoric rise the past few weeks. The positive investor sentiment around the precious metal has come at the backdrop of growing concerns about the long-term impact of the COVID-19 pandemic. A
Interest rates, at record lows, have made it extremely difficult for investors to generate solid current income in the capital markets. The situation is the same in many countries, given the meager interest rates from government bonds. Traders are increasingly turning to Exchange Traded Funds, or ETFs, to bolster investment portfolios given their sizeable and
The real estate bubble was the catalyst behind the 2009 financial crisis. Fast forward, the global economy is on the cusp of yet another economic meltdown, fueled by the COVID-19 pandemic. Even as key sectors in the U.S economy continue to reel from the effects of COVID-19, real estate has emerged as a soft spot,
Dogecoin has taken the cryptocurrency space by storm, exploding by over 100%, with trading volumes spiking by more than 2000%. A spike on huge volume stems from a viral Tik Tok challenge, urging traders to take the meme-based cryptocurrency price above the $1 mark. Tik Tok Price Pumping It all started with Tik Tok user