Sell in May and go away? Not so fast. These money and investing stories, popular with MarketWatch readers over the past week, can help you position your portfolio as the U.S. stock market enters its typically weaker six-month stretch — although that certainly wasn't the case in 2020. So while it makes sense to seek out market sectors that are stronger in the summer months, it doesn't change the fact that time in the market, and not market-timing, has been the most reliable creator of wealth.
Miami money manager gets 4 years in Venezuela bribery case - ABC News
But Judge Kathleen Williams late Friday found that Hernandez's role in the conspiracy didn't justify the nearly 10-year sentence prosecutors were seeking since he had no involvement in the original bribery scheme.
She did, however, scold Hernandez for undermining the pledge he made as part of his plea deal to assist prosecutors in locating and forfeiting $12 million in assets — the equivalent of the amount that he managed on behalf of a corrupt executive at oil giant PDVSA.
Denver Basic Income Project will give homeless people money instead of services - Denverite, the
The Denver Basic Income Project wants to find out. In conjunction with the University of Denver’s Center for Housing and Homelessness research, the organization will study the effects of giving cash to people experiencing homelessness. Participants in the study will be split into three groups: One group will receive $1,000 per month, another will receive $6,500 up front and $500 every month afterward, and the third group, the control group, and will receive $50 per month.
According to the annual Point in Time survey , a one-night count of people experiencing homelessness in Denver, 4,171 people were unsheltered in 2020.
Watch Highlights from "How Memes Become Money" | The New Yorker
In the clip above, you can view highlights of the evening's discussion, "How Memes Become Money," a consideration of the growing influence of Internet culture on the economy and our notions of value. Joining Beeple on the virtual stage were Neha Narula, the director of the Digital Currency Initiative at the M.I.T. Media Lab, and the technologist and essayist Anil Dash.
As with many Internet-based technologies that preceded these latest tools, proponents have touted their potential to democratize society and spread prosperity by widening access and lowering institutional barriers. But, just as with earlier inventions, cryptocurrencies and N.F.T.s have raised concerns about their potential for misuse―and, paradoxically, sparked fears about the further consolidation of wealth and power by those who already have plenty.
The AWS Printing Press Keeps Spitting Out Money
What is the difference between a row of servers at one of the 80 availability zones in 25 geographic regions run by Amazon Web Services and a printing press at one of the four facilities run by the US Mint? I don't know, but it sure looks like somebody is gonna make a whole lotta money .
In the quarter ended in March, online retail giant and IT capacity supplier Amazon just made it all look easy, and admitted openly that the company is benefitting mightily from the cultural and business changes that have happened – and will be in some cases permanent – in the wake of the coronavirus pandemic.
Stock market peak?
Another week of booming U.S. economic data and strong corporate earnings, including blowouts by some of the world's largest technology companies, is in the books, yet stocks still managed only a mixed performance, feeding fears that market participants have already priced in a post-pandemic economic boom.
"The way the markets are behaving has to do with investor concerns over whether the easy money has been made," Saira Malik, chief investment officer for Nuveen's $420 billion global equity division, told MarketWatch in an interview.
Your Money: When caring for your parents, balance your needs – Twin Cities
You might be reaching the age where your parents are going to be depending on you to provide some level of care. For many of you, this is compounded by the need to also provide for your own children.
There's even a name for it, the "sandwich generation.” But really, it's more like the "pulled apart" generation. Whether it's supporting kids in college or providing long-term care for a parent, it can seem like you are being torn in different directions.
Premiere: Chris Lane Spends It All on Love in "Summer Job Money" | CMT
In his new video for Chris Lane’s new track “Summer Job Money,” one of the first scenes features a brief shot of a shirt emblazoned with the logo “Lane’s Lawn Service”—an homage to the singer/songwriter’s own years spent earning extra spending cash by working in his father’s landscaping business.
John Byron and Blake Pendergrass wrote the track, which finds Lane musing that if he’d met his current flame when he was in high school, he likely would have spent all of his hard-earned summer cash on romance, rather than saving for college. The song follows Lane’s current radio single, “Fill Them Boots,” which is making its way up the charts.
West Virginians eager for Biden money despite senator’s concerns | The Mighty 790 KFGO |
WASHINGTON (Reuters) – Shortly before President Joe Biden’s speech urging Congress to pass his $2.3 trillion infrastructure plan, fellow Democrat Senator Joe Manchin told reporters he was “uncomfortable” with the vast sums of money Biden was proposing to spend.
Back in Manchin’s home state of West Virginia, several elected officials, including Republicans, have a different message: The more money the better to draw new workers to the state, especially with high-speed broadband services.
Happening on Twitter
Flagging off rightwing groups who are collecting money for covid in the diaspora. Keep away from these guys. https://t.co/feYUwh1AZq meenakandasamy (from India/London) Sat May 01 05:49:21 +0000 2021
Saudi funded think tanker praising Saudi funded doc. It's cool though because the money was laundered through an "i… https://t.co/SYVXtXIysD adamjohnsonNYC (from Chicago, IL) Fri Apr 30 15:26:08 +0000 2021
The only way we could possibly do this would be to hire and train these professionals, which save take a lot of mon… https://t.co/qwHZ1YC00R michaelharriot (from The Southside of Wakanda) Fri Apr 30 08:00:49 +0000 2021
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