finance

As the market nosedived last year, my older brother advised me to sell. I lost $80,000. How can I ever forgive him?

Around this time last year, when the market crashed, my older brother advised me to get out of the market and buy cash to save my fortune. The Moneyist: "Warren Buffett and Harry Potter Couldn't Retire These Two Early": Our wasteful neighbors said our advisor was "lousy".

Want to see more?

Dr. Fauci on J&J COVID-19 vaccine: ‘I would have no hesitancy whatsoever to take it’

Anthony Fauci, the director of the National Institute of Allergies and Infectious Diseases, said, "Be careful when trying to analyze this percentage against this percentage."

Want to see more?

Bitcoin’s Long-Term Value Doubted Due to ESG, Tighter Regulation

(Bloomberg) - Bitcoin has posted losses after its worst weekly slump in nearly a year, and at a glance, the longer-term outlook could be even worse due to environmental concerns and tightened regulations.
The sheer amount of energy it takes to mine Bitcoin, and the prospect of governments creatin...

Want to see more?

WSJ Opinion: Nancy Pelosi's False Truth Commission

Journal Editorial Report: The proposed January 6 investigation is too partisan. Image: Brendan Smialowski / AFP via Getty Images
Video transcript
- Republicans kicked back this week over a plan by Nancy Pelosi to set up a commission to investigate the January 6 attack on the U.S. Capitol after th...

Want to see more?

Trump Says His Political Journey Is Far From Over

February 28 - Former President Donald Trump speaks at the Conservative Political Action Conference in Orlando, Florida.

Want to see more?

Hong Kong Charges 47 Opposition Activists Under Security Law

February 28 - Hong Kong police have accused dozens of opposition activists of violating the city's comprehensive national security law. Bloomberg's Daniel Ten Kate reports on Bloomberg Daybreak: Asia.

Want to see more?

Philippine Peso Eyes Technical Support to Brave U.S. Yield Storm

(Bloomberg) - The Philippine peso has been beset by rising government bond yields and buoyant crude oil prices. However, the specifications may offer assistance.
The peso fell to its lowest level in six months last week after coronavirus-led curbs expanded across the nation and vaccine rollouts w...

Want to see more?

Philippines launches virus vaccinations amid supply problems

MANILA, Philippines (AP) - The Philippines launched a vaccination campaign on Monday to contain one of the worst coronavirus outbreaks in Southeast Asia. However, they face supply problems and public opposition, which they seek to alleviate by vaccinating top officials.
Cabinet officials, along w...

Want to see more?

A Better Breed of DOGE? Developers Release New Core With Faster Synch Speed

Developers of Dogecoin, the meme-based cryptocurrency that brought the cuteness to a market value of more than $ 6 billion, are trying to ensure that the technology of the coin represented by Shiba Inu is as good as its hype.
The developers announced on Sunday evening that they had released a new...

Want to see more?

Biden Calls Saudi Prince Plot Against Khashoggi ‘Outrageous’

(Bloomberg) - President Joe Biden called it "outrageous" that Saudi Crown Prince Mohammed bin Salman approved the assassination of Washington Post columnist Jamal Khashoggi and made an announcement about the kingdom next week.
Biden said in an interview with Univision News that he told Saudi King...

Want to see more?

UPDATE 3-'The Crown' sweeps Golden Globes for television

(Updates with Top TV Winners, Quotes) (Updates with Best TV Drama and Comedy Awards, Other Awards)
By Jill Serjeant
LOS ANGELES, February 28 (Reuters). British royal drama "The Crown" and comedy "Schitt's Creek" were honored on Sunday at the Golden Globes in a largely virtual bicoastal ceremony h...

Want to see more?

Certain pockets of America are feeling a 'disproportionate impact' from the coronavirus pandemic

It was January 2021 in McKinley County, New Mexico, and George Munoz was desperate. Ten months after the coronavirus pandemic, he was weighed down by the devastating impact on his community.
"We live in a small town, so everyone kind of knows everyone, right?" Munoz, an elected representative to ...

Want to see more?

Johnson & Johnson Secures Emergency Authorization For Its Single-Shot COVID-19 Vaccine

Johnson & Johnson (NYSE: JNJ) single-shot coronavirus vaccine candidate was approved as the third emergency vaccine in the United States one day after unanimous support from an independent panel of experts from the Food and Drug Administration.
What Happened: J & J's vaccine has received approval...

Want to see more?

Oil prices climb after progress on huge U.S. stimulus bill

By Jessica Jaganathan
SINGAPORE (Reuters) - Oil prices surged more than $ 1 on Monday on optimism in the global economy, thanks to progress on a huge US stimulus package and hopes of improving oil demand with vaccine rollouts.
May Brent crude oil futures rose $ 1.07, or 1.7%, to $ 65.49 a barrel ...

Want to see more?

Canada’s $373 Billion Fund Chooses Safety After CEO Flames Out

(Bloomberg) - Mark Machin's big mistake got him out of Canada's national pension manager in a matter of hours. It is a turn of events that puts the fund in the hands of a former industrial scientist who has made few waves in the financial world.
John Graham was promoted to Chief Executive Officer...

Want to see more?

A PlayStation Network outage is affecting certain games

Just one day after a massive Xbox Live outage, Sony's PlayStation Network has been having problems for several hours. The problem in this regard is slightly different and based on reports it may only affect certain games. Sony's PSN status page reports that platforms such as PS Vita, PS3, PS4, an...

Want to see more?

Oil Price Fundamental Daily Forecast – Stronger Dollar, Supply Risk Likely to Fuel Short-Term Correction

The U.S. West Texas Intermediate and International Reference Brent Crude Oil futures fell more than 2.5% on Friday as a sharp rise in the U.S. dollar dampened foreign demand for the dollar-denominated asset. In the meantime, traders began to price in the possibility of an increase in supply from ...

Want to see more?

Is Phillips 66 Stock a Buy?

Leading downstream oil giant Phillips 66 (NYSE: PSX) had its worst year ever. Given that horrific performance, investors might be scratching their heads as to why Phillips 66 stocks are up around 20% so far this year. Let's dive into Phillips 66's refining business to see what went wrong in 2020 ...

Want to see more?

5 Top Stocks For March

The company is in the middle of a turnaround that began in 2019 with the takeover of the new management. Under CEO Lev Peker, Carparts.com shed sub-brands and consolidated the company's operations, which previously included banners such as JC Whitney and Auto Parts Warehouse, under the Carparts.c...

Want to see more?

'Farms are going to need different kinds of robots'

Ceres Tag's Smart Tags are linked to satellites
In a lush, green patch of rolling farmland in Queensland, Australia, cows graze quietly in a scene that repeats itself around the world.
However, a closer look would reveal that these particular cattle are a bit more high-tech than normal.
Behind ea...

Want to see more?

Dow futures up 200 points as Treasury yields retreat

US stock market futures rose Sunday evening as government bond yields continued to retreat from their highs last week.

Want to see more?

Reddit CEO: WallStreetBets ‘exposed a gap’ between financial insiders and outsiders

Reddit chief executive Steve Huffman on Sunday reiterated his praise for the r / WallStreetBets forum, which has rocked Wall Street's "meme stocks" in recent weeks - despite saying he doesn't get his own financial advice there .

Want to see more?

Why Big Oil Expects Record Cash Flow In 2021

The world's largest oil companies are facing a cash flow bonanza this year, likely at record levels, as massive cost cuts as a result of the 2020 oil price and the collapse in oil demand have significantly lowered corporate cash flow breakevens for many companies.
After losing record losses in 20...

Want to see more?

Pakistan’s efforts to mend fences with Saudi-led bloc bear fruit

Pakistan has suddenly gained stronger standing in a Saudi-led bloc of Arab nations after successfully closing a rift while maintaining ties with another alliance challenging the Saudis' leadership in the Muslim world. The most recent sign of this rapprochement was in mid-February when Pakistani F...

Want to see more?

Japanese companies go high-tech in the battle against food waste

By Tetsushi Kajimoto
TOKYO (Reuters) - Japanese companies are increasingly using artificial intelligence and other advanced technologies to reduce waste and cut costs in the pandemic, while trying to score some sustainability scores.
Disposing of Japan's more than 6 million tons of food waste cos...

Want to see more?

AstraZeneca has sold its stake in Moderna for more than $1 billion: The Times

(Reuters) - AstraZeneca Plc sold its 7.7% stake in Moderna Inc for more than $ 1 billion after the U.S. biotech company's shares rose on the coronavirus vaccine breakthrough, The Times reported.
The report added that it was not clear during what period the UK company AstraZeneca sold its stake in...

Want to see more?

3 Reasons You Shouldn’t Receive a Tax Refund Next Year

© Shutterstock.com / Shutterstock.com
The weather is warming up, birds are singing, snow is melting and people are smiling. You know what that means? The tax refund season is in full swing.
I am always a little amazed when people pretend they just won the lottery or received an unexpected bonus w...

Want to see more?

Forget Dogecoin: These Are the Smartest Stocks to Buy Now

Since hitting the bear market low on March 23, the benchmark S&P 500 and tech-driven Nasdaq Composite have returned 73% and 96%, respectively, through February 23, 2021. For example, Bitcoin, the largest digital currency by market capitalization, was up nearly 620% on the stock market by February...

Want to see more?

House Set to Pass Covid Relief Bill as Dems Scramble to Save $15 Minimum Wage

The House is expected to pass a $ 1.9 trillion aid package to Covid late Friday and send the legislation to the Senate for further scrutiny and almost certain revision. The bill contains a controversial provision that increases the minimum wage to $ 15 an hour over a period of years. However, the...

Want to see more?

Dr. Fauci on J&J’s COVID-19 vaccine: ‘I would have no hesitancy whatsoever to take it’

Anthony Fauci, the director of the National Institute of Allergies and Infectious Diseases, said, "Be careful when trying to analyze this percentage against this percentage."

Want to see more?