Author: iannouncethis.com

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Sam Callahan, lead analyst at Swan Bitcoin, breaks down the cryptocurrency’s performance this year. Chapters: 00:00 – CNBC Crypto World, May 16, 2023 0:21 – Bitcoin slips 0:35 – The headlines 2:45 – Sam Callahan of Swan Bitcoin For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe…

Torsten Asmus As explained in Prof. Robert Jarrow’s book cited below, forward rates contain a risk premium above and beyond the market’s expectations for the 3-month forward rate. We document the size of that risk premium in this graph, which shows the zero-coupon yield curve implied by current Treasury prices compared with the annualized compounded yield on 3-month Treasury bills that market participants would expect based on the daily movement of government bond yields in 14 countries since 1962. The risk premium, the reward for a long-term investment, is large and widens over most of the maturity range, narrowing slightly…

Bitcoin has had a depressing week following the approval of spot Bitcoin ETFs in the US, becoming what many feared might be a sell-the-news event. The top crypto dipped below $38,700 during the week for the first time since early December, following a sell-off from digital asset fund manager Grayscale. However, the crypto is now showing signs of recovery and is now trading above $42,600.  According to a social media post by John Bollinger, the legendary creator of the Bollinger Bands, Bitcoin might be done with the selloff, suggesting that the downtrend is already at a bottom.  Bollinger’s Bullish Stance…

Building inspections are the most in-demand property management service in London, SBA Property Management has found. This is likely a consequence of wider reforms to building health and safety, which recommend that landlords RMCs and other ‘responsible persons’ conduct more regular inspections of their properties. Over the previous three years, searches for ‘building inspections’ in London rose by an average rate of 19.67% year on year. Tim Darwall-Smith, director at SBA Property Management, said: “The property management industry is fast-moving, with constant shifts in demand from customers. Recent updates to safety regulations have led to increased demand for site inspections…

Dear Quentin, I have been in a committed, long-term relationship for 14-plus years. My partner does not want to marry and believes he is taking care of me legally and financially should he precede me in death. He is a loving and generous partner and I do trust him, but I know his arrangements are designed to protect himself while trying to look out for me at the same time.    We are both retired. We both have our own annuities and IRAs (traditional and Roth), and we serve as partial beneficiaries on these investments. He has siblings, no children, while…

Some young people open individual retirement accounts (IRAs) as soon as they start getting a regular paycheck. But actually, they would have benefitted greatly from starting much younger. Children are in the best position to take full advantage of the power of time and compounding offered by a tax-advantaged savings plan. Your child, regardless of age, can contribute to an IRA provided they have earned income, defined by the IRS as “all the taxable income and wages from working either as an employee or from running or owning a business.” Below, we’ll take a look at two types of IRAs…

A record number of online returns has created a booming $644 billion liquidation market. As supply chain backlogs cause shortages of new goods and Gen Z shoppers demand more sustainable retail options, pain points for one sector of retail are big business for another. The nation’s only major public liquidator, Liquidity Services, resells unclaimed mail, items left at TSA checkpoints, and outdated military vehicles. It also refurbishes highly sought after electronics, from noise-canceling headphones to the machines that make microchips. CNBC takes you on an exclusive tour inside a Liquidity Services returns warehouse outside Dallas, Texas, where unwanted goods from…

Dear MarketWatch,  I’m 72 and married to my spouse, 71. We have one son, 45, who lives in California. We give him and his family $20,000 a year. Between us, with pension income and Social Security, we’re now receiving a little over $100,000 a year (gross) living in Florida. We own a $400,000 home paid for, along with two cars.  My wife and I aren’t sure what we should do with our money. We don’t need the money so our IRA and Roth accounts sit and keep growing. Our combined IRAs total about $1.3 million, with $690,000 in Roth accounts,…

People living in Vancouver on average have C$360,683 consumer debt – six times the national average in Canada, research from savvynewcanadians.com has found. Vancouver is an expensive place to live, with the average home price in the city coming to C$1,242,527. And indeed three quarters (74%) of Canadian debt is from mortgages, highlighting rising housing costs and affordability challenges. People are also increasingly using HELOCs, which enable people to flexibly borrow against the value of their home. Consumer debt has surged by 17.7% since 2019, reaching an unprecedented high in 2023. The area with the second biggest debt per capita…

With a rough 2023 in the rearview mirror, Levi Strauss & Co. this year is trying to tackle its problems with new pants. That includes jeans with lighter-weight denim; pants for women that can be worn as high-rise or low-rise; and even non-denim pants that management, during Levi’s LEVI, +1.27% earnings call on Thursday, referred to as a “tech pant” for men with “moisture control and 360 mobility.” The company also plans to expand its offerings of Performance Cool pants intended to keep the wearer cool and dry on hotter days. But as those products roll out, the retailers that…