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China’s lackluster economic recovery since emerging from strict “zero-Covid” lockdowns has caused weaker sentiment toward the country, prompting investors to look for alternative options — like its near neighbors.In particular, stock markets in Japan, South Korea and India have all been major beneficiaries of the disappointment from China’s reopening, highlighted…
Philanthropist billionaire George Soros confirmed that he is handing control of his $25 billion empire to his son Alex.Soros, 92, has a net worth of $6.7 billion, according to Forbes, and is the one of the top 400 richest people in the world. In 2017, he shifted $18 billion from…
New York City on Sunday announced a new minimum pay-rate for app food delivery workers amid a rise in use of services like Uber Eats and DoorDash since the pandemic. Manhattan’s 60,000 food delivery workers currently make on average about $7.09 an hour, according to a news release from the…
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Russian and Iranian crypto and fintech industry group leaders have discussed ways the nations could use tokens to evade sanctions and facilitate trade.The talks were held at a summit in Tehran named the International Exhibition of Financial Industries.A panel discussion on crypto adoption was uploaded to the event’s official channel…
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Written by Nick Ackerman, co-produced by Stanford Chemist. This article was originally published to members of the CEF/ETF Income Laboratory on June 9th, 2023. Bancroft Fund (NYSE:BCV) continues to trade at a deep discount. In fact, the discount has expanded a bit since our prior update. Since our prior update,…
A defiant Donald Trump will once again be in the spotlight when he appears at a federal court in Miami, Florida, on Tuesday, making him the first former US president to face federal criminal charges as he campaigns for another White House run.Trump over the weekend made his first public…
Anita Dunn saw an opportunity with “Dark Brandon.” The liberal meme, created by Joe Biden’s most online fans as a play on the right-wing “Let’s Go Brandon” code bashing the president, depicts a grinning Biden with red lasers shooting out of his eyes. After Dunn, Biden’s top messaging and communications…
The S&P 500 on Thursday closed above the threshold that marked its exit from the longest bear market since 1948. The large-cap benchmark SPX, +0.11% rose 26.41 points, or 0.6%, to close at 4,293.93 on Thursday, marking a gain of more than 20% from its Oct. 12 low. Here are…