Month: July 2018

There’s no secret to scoring a coveted 90210 mailing address in California. All it takes is $692,388. From Beverly Hills to Greenwich, Connecticut, personal finance website GOBankingRates determined the exact annual income needed to live comfortably in the country’s most expensive ZIP codes, based on local home values and the cost of living (including groceries,
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Tesla shares will fall dramatically the rest of this year due to its high valuation and rising competition, according to J.P. Morgan. The firm reaffirmed its underweight rating on Tesla shares, saying other automakers may price their electric cars aggressively. Tesla has a “highly differentiated business model, appealing product portfolio, and leading-edge technology, which we
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The crypto world’s most used cryptocurrency index, CoinMarketCap, has recently been under the line of fire lately for its protocols. Now, CoinMarketCap addresses issues, at least some of them. It all started with Reddit… We’re happy to announce our new subreddit! Please join the discussion at https://t.co/FQowKFktV5. — CoinMarketCap (@CoinMarketCap) July 9, 2018 CoinMarketCap Adopts
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Nextdoor’s partnership with HouseCanary will offer members new property valuation and appreciation toolsNextdoor Nextdoor announced Tuesday a partnership with HouseCanary, a real estate data analytics company, to offer property valuation  and comparison tools for its members. Since last year, Nextdoor has been building out the Real Estate offering on its platform, where users can find
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President Donald Trump‘s criticism of monetary policy won’t have much impact on how the Federal Reserve goes about its business, judging by initial market reaction. While making for more eye-popping headlines out of the Oval Office, the president’s complaints that rising interest rates are hampering economic progress did not move the fed funds futures market,
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If you’re a regular viewer of C-SPAN or CNBC, you probably know that Federal Reserve Chairman Jerome “Jay” Powell visited the Senate Banking Committee on Tuesday, and delivered his economic outlook to members of the House of Representatives on Wednesday. The Fed chair’s semiannual monetary report to Congress has been required by the Humphrey–Hawkins Full
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Photographer: Stefan Wermuth/Bloomberg Introduction Many investors like to keep some gold in their investment portfolio — “just in case”.  This may be especially true now, considering recent geopolitical strife — which is about as acute as it has been in a long time.   However, in our view, adjusting your portfolio allocations based on what you
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So far, the second quarter has revealed American companies have not reached peak earnings yet. With 10 percent of companies in the S&P 500 reporting as of Wednesday morning, it looks like another above-trend quarter. Forty-eight companies have disclosed second quarter profit and revenue well above expectations. (48 companies reporting) Earnings: up 25.3 percent Revenue:
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Comcast shares are more attractive after the company decided to walk away from its bidding war for Twenty-First Century Fox assets, according to Raymond James. The firm raised its rating to outperform from market perform for Comcast shares, predicting investor sentiment for the company will improve over the next year. On Thursday Comcast said it
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Bitcoin (BTC) is having a phenomenal 24 hours on the market; a bull run we haven’t seen from the digital currency in months. Let’s check in on the Bitcoin price. Source: CoinMarketCap Bitcoin Price Movement Last week, Bitcoin had an unimpressive week on the market, but it seems to have turned itself around as BTC
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