Month: November 2020

PayPal has been around since 1998 when it emerged as a safe and secure way to pay for purchases on eBay. If PayPal wasn’t as safe or safer to use than a credit card, cash, or a check, it would have been consigned to the rubbish heap of dead websites long ago. In fact, it
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The UK is poised to become the first western country to approve a Covid-19 vaccine, with the independent regulator set to grant approval within days. Deliveries of the vaccine developed by BioNTech and Pfizer would begin within hours of the authorisation, according to government officials. The first injections could take place from December 7. The
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New York apartment owners are open to generous concessions to renters getty Here’s The “2020 State of the American Renter Report” from Zumper.com, the largest privately held rental marketplace in the United States. This year’s report included Zumper’s 2020 Annual Renter Survey Results and 2020 US Rental Market Analysis. It’s no surprise that the country’s rental market
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An investor is issued a share certificate, also known as a stock certificate, when they buy shares of a publicly-traded company. The share certificate serves as a receipt for the stock purchase. The certificate includes important details about the investor’s stock ownership such as the number of shares purchased. But exactly how important is it
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HSBC is weighing up a complete exit from retail banking in the US after narrowing the options for how to improve performance at its struggling North America business, according to two people familiar with the situation. Senior management aim to present the plan to the bank’s board in the coming weeks, the people said, as
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Impact investing is a major topic on investors’ radar screen, boasting huge growth, and widespread acceptance among those seeking to align their portfolios with their personal values. But impact investing has always been more than a fad. Key Takeaways Socially responsible investing’s origins in the United States began in the 18th century with Methodism, a
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It has taken just 10 months, in UK prime minister Boris Johnson’s flamboyant assessment, for “the scientific cavalry” to arrive. When three groups announced in quick succession this month that the vaccines they had developed against Covid-19 had proved highly effective in clinical trials, the news offered not only a blazing ray of hope for a
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U.S. Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell are seated to testify before a House Financial Services Committee hearing on oversight of the Treasury Department’s and Federal Reserve’s coronavirus disease (COVID-19) pandemic response on Capitol Hill in Washington, U.S., September 22, 2020. Joshua Roberts | Reuters The Federal Reserve could provide clues
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Demonstrators display signs calling for an end to evictions and foreclosures during a rally at Boston Housing Court outside the Edward W. Brooke Courthouse on Oct. 29, 2020. David L. Ryan/The Boston Globe via Getty Images Expiring state eviction bans have led to hundreds of thousands of additional coronavirus cases, new research finds, raising alarm
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Major stock exchanges, like the Nasdaq, are exclusive clubs—their reputations rest on the companies they trade. As such, the Nasdaq won’t allow just any company to be traded on its exchange. Only companies with a solid history and top-notch management behind them are considered. The Nasdaq has four sets of listing requirements. Each company must meet
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Federal Reserve officials discussed providing more guidance on their bond-buying strategy during their Nov. 4-5 policy meeting. “Many participants judged that the Committee might want to enhance its guidance for asset purchases fairly soon,” according to meeting minutes published Wednesday by the Fed. In addition, “most participants judged that the guidance for asset purchases should
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Global stocks were on track for their best month on record on Friday, propelled by a series of Covid-19 vaccine breakthroughs and optimism over Joe Biden’s victory in the US presidential election. MSCI’s index of developed and emerging markets is up almost 13 per cent so far in November with a slim gain of 0.1
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A margin account lets you leverage your buying power and buy more stocks than you could with your available cash by taking on a loan from your broker. The stocks purchased themselves are then held as collateral by the brokerage firm. The brokerage firm and the investor must follow many rules when buying securities on margin. The
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Illinois will borrow $2 billion through the Federal Reserve’s short-term lending program that expires at the end of the year, Gov. J.B. Pritzker announced Wednesday. The state had been weighing how much to tap of the $5 billion in authority granted by state lawmakers in the spring when they signed off on the $43 billion
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Hey everybody, Dave Bartosiak with Trending Stocks for Zacks.com. Roku is nearing a distribution deal with AT&T for HBO Max. Not to be confused with Boeing’s Death Trap that is the 737 MAX nor HBO GO nor HBO Now. It’s HBO’s standalone streaming service that will set you back $15 a month. Rumors about a
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Today’s seesaw markets can be worrisome to investors saving for retirement. Watching account values rise and fall can cause you to feel anxious about your simplified employee pension (SEP) plan. However, your SEP has more advantages than disadvantages, even during times of market volatility. Key Takeaways A simplified employee pension (SEP) is a type of individual retirement
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Donald Trump on Wednesday issued a full pardon to Michael Flynn, his former national security advisor who pleaded guilty to lying to federal investigators about conversations with the Russian ambassador. “It is my Great Honor to announce that General Michael T Flynn has been granted a Full Pardon. Congratulations to @GenFlynn and his wonderful family, I
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