Month: January 2022

Texas, The Citadel For Bitcoin: A Gubernatorial Election Race

2022 Texas gubernatorial elections have become a race for promising Bitcoin (BTC) adoption by several candidates. Republicans Don Huffines, Allen West, and the current governor Greg Abbott have all jumped in to offer voters policies like making Bitcoin a legal tender, using Bitcoin mining to bolster the power grid, leading the world in leveraging Bitcoin infrastructure, and more. The Promises

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Jeff Reeves’s Strength in Numbers: AT&T and 4 more unloved dividend stocks to buy in a ‘risk-off’ era

With stocks off to one of their worst starts to the year since the 2008-2009 financial crisis, it’s no longer crazy to talk about a sustained period of market volatility or a prolonged “risk off” environment on Wall Street. The S&P 500 index SPX, +1.89% has fallen 5.3%% year-to-date through Monday’s closing bell. And many one-time growth darling as doing

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The Tell: Here are the ‘good things’ RBC sees in the U.S. stock market following January’s selloff

After a tumultuous January for U.S. stocks, analysts at RBC Capital Markets have spotted some “good things” in equities amid investor concern over high valuations and the Federal Reserve’s pivot toward tightening monetary policy in the face of high inflation. There are five “big things you need to know,” RBC analysts, led by head of U.S. equity strategy Lori Calvasina,

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Coronavirus Update: CDC data confirm boosters offer high level of protection against severe COVID, bolster case for unvaccinated to get their shots

The risk of developing severe COVID-19 for people who are fully vaccinated and have received a booster dose is close to zero, according to the latest data from the Centers for Disease Control and Prevention, further bolstering the case for unvaccinated people to get their shots. Results from a study released Friday to the CDC’s website compare COVID incidence and

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: Amazon, Target and other corporate giants pace record ‘clean’ energy buying and show little sign of stopping

Influential companies, including retail giants Amazon.com and Target; and tech powerhouses Microsoft and Meta — parent company of Facebook FB, +2.81% bought a record 31.1 gigawatts of renewable energy to run their operations in 2021. That’s a jump of nearly 24% from the previous year’s record of 25.1GW of renewables, mostly solar and wind. The latest tally comes from research

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Project Syndicate: Germany must stand to Russia, and stand up for the principles of a united Europe

BERLIN (Project Syndicate)—What will happen when Russia’s deployment of troops along the Ukrainian border is complete? Will Russian President Vladimir Putin give the order to attack in his effort to deprive one of Russia’s neighbors—a sovereign state and a member of the United Nations and the Council of Europe—of its independence and force it back under the Kremlin’s yoke? We

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: ‘The science about the benefits of cannabis is limited’: Does legalizing marijuana lead to an increase in tobacco use?

The smoke signals surrounding marijuana and tobacco usage are mixed. Legalizing the recreational use of cannabis does not appear to be getting more Americans hooked on tobacco. At least that was the conclusion of a new working paper distributed by the National Bureau for Economic Research. The study was co-authored by researchers from Georgia State University, San Diego State University

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Outside the Box: The record $1 trillion trade deficit doesn’t even count hundreds of millions of small packages mailed directly from China

It looks like the United States just set a record in 2021—and not a good one. When complete December data comes out on Feb. 8, it will mark the first time the nation ever racked up an annual goods trade deficit exceeding $1 trillion. That’s a staggering sum, and it represents a massive, ongoing shift in production away from U.S. factories

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Market Snapshot: What to expect from markets in the next six weeks, before the Federal Reserve revamps its easy-money stance

Federal Reserve Chairman Jerome Powell fired a warning shot across Wall Street last week, telling investors the time has come for financial markets to stand on their own feet, while he works to tame inflation. The policy update last Wednesday laid the ground work for the first benchmark interest rate hike since 2018, probably in mid-March, and the eventual end

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Project Syndicate: The Fed is determined to stop wages from rising

AUSTIN, Texas (Project Syndicate)—Federal Reserve Chair Jerome Powell has now committed to putting monetary policy on a course of rising interest rates, which could boost the short-term rate (on federal funds FF00, -0.01% and Treasury bills TMUBMUSD03M, 0.195% ) by at least 200 basis points by the end of 2024. Thus, Powell yielded to pressure from economists and financiers, resurrecting a playbook that the Fed has followed

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Washington Watch: U.S. lawmakers traded an estimated $355 million of stock last year. These were the biggest buyers and sellers.

Congress resembled a Wall Street trading desk last year, with lawmakers making an estimated total of $355 million worth of stock trades, buying and selling shares of companies based in the U.S. and around the world. At least 113 lawmakers have disclosed stock transactions that were made in 2021 by themselves or family members, according to a Capitol Trades analysis

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Understanding Social Security: Why did my Social Security go down?

In spite of the largest cost-of-living adjustment in 40 years, some people will open their statement from Social Security and see that the payment they received actually went down from last year’s. What are the possible reasons this could have happened? There are several reasons, and I’ll run through some of the most common reasons I see, and how to

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Kelley Blue Book: The 2022 Lucid Air: a luxury electric vehicle that’s quick, quiet and refined

Pros Distinctive design Maximum range of 520 miles 0-60 mph performance of 2.5 seconds Available all-wheel drive Cons All-new vehicle from a new manufacturer Available in limited numbers in a handful of states No established record for quality, dependability and resale What’s new? All-new luxury electric vehicle Dual motor versions make up to 1,111 horsepower Underfloor mounting of battery and

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