Investing News

Michael Sonnenshein, chief executive officer of Grayscale Investments LLC, speaks virtually during a Crypto Summit Feb. 25, 2021. Daniel Acker | Bloomberg | Getty Images Grayscale Investments plans on filing an application to convert the world’s biggest bitcoin fund into a spot ETF early next week, according to a person with knowledge of the matter.

Individual investors have continued to surge into the market in 2021, with the pandemic playing a key role in giving people the time to take control of their portfolios. Comparing costs has become less straightforward, however, as most online brokers have eliminated the trading fees that were the easiest method of direct comparison. To evaluate

Elon Musk, Tesla CEO, stands in the foundry of the Tesla Gigafactory during a press event. year. Patrick Pleul | picture alliance | picture alliance | Getty Images Elon Musk on Thursday touted SpaceX’s plan to use Starlink for in-flight Wi-Fi, emphasizing that his company is in discussions with airlines to add the high-speed satellite

The state of Texas experienced peak oil production in 1972. Afterward, production dwindled until the early 2000s. Production has more than doubled since Jan. 1999 when over 39 million barrels were produced in the state.  For 2019, 1.85 billion barrels were produced across the state of Texas, marking the highest year of oil production in

Carrier aircraft VMS Eve takes off from Spaceport America in New Mexico, carrying spacecraft VSS Unity on July 11, 2021. Virgin Galactic Virgin Galactic is delaying the beginning of its commercial space tourism service to fourth quarter 2022, with the company on Thursday announcing a reorganization of its development and test flight schedule. The space

The Reserve Bank of India (RBI) is India’s central bank. The RBI handles many functions, including implementing monetary policy and issuing currency. India has reported some of the best gross domestic product (GDP) growth rates in the world. It is also known as one of the four most powerful emerging market countries, collectively part of

The shrinking U.S. workforce during the Covid pandemic is “going to cripple” the economic recovery, billionaire investor and businessman Barry Sternlicht warned Wednesday. The founder of Starwood Capital Group, which operates hotels as part of its broader portfolio, said the federal government should pay people go back to work, not to stay home. “The whole

The National Bureau of Economic Research (NBER) defines a recession as “a significant decline in activity spread across the economy, lasting more than a few months, visible in industrial production, employment, real income, and wholesale-retail trade.” A recession is also believed to be signaled when businesses cease to expand, the GDP diminishes for two consecutive

Global investor Barry Sternlicht told CNBC on Wednesday he continues to hold a cautious view on investing in China. “We’re not investors directly in China,” the chairman and CEO of Starwood Capital Group said in an interview on “Squawk Box.” “It’s not a China thing, so much as countries where we think the deck is stacked or we can’t

Alphabet Inc. (GOOG, and GOOGL) is a holding company and parent of Google. The company provides software and Internet-related services including web browsing and search, cloud computing, streaming entertainment, and mobile operating systems, among others. The parent also is involved on a broad array of businesses, including cloud computing, software and hardware, advertising services, and mobile

Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the Bloomberg Global Business Forum in New York, U.S., on Wednesday, Sept. 25, 2019. Tiffany Hagler-Geard | Bloomberg | Getty Images JPMorgan Chase is scheduled to report third-quarter earnings before the opening bell Wednesday Here’s what Wall Street expects: Earnings: $3 per share,

What Is a Monopolistic Market? A monopolistic market is a market structure with the characteristics of a pure monopoly. A monopoly exists when one supplier provides a particular good or service to many consumers. In a monopolistic market, the monopoly, or dominant, company exerts control over the market, enabling it to set the price and supply. Key Takeaways Monopolistic markets exist

Spacecraft commander Jared Isaacman speaks into a microphone as he peers out the cupola window. Inspiration4 The historic Inspiration4 mission, launched and operated by Elon Musk’s SpaceX, returned safely from orbit last month. CNBC spoke to the mission’s commander and benefactor Jared Isaacman about the experience. He spent three days in SpaceX’s Crew Dragon capsule

Former President Donald Trump drew intense criticism from many in the international community for his protectionist stance and strict adherence to an “America First” agenda on the matter of trade. Among other concerns for the Trump administration, one of the primary targets of the former president’s ire was the North American Free Trade Agreement (NAFTA).

The main benefit of life insurance is to create an estate that can provide for survivors or leave something to charity. Single-premium life (SPL) is a type of insurance in which a lump sum of money is paid into the policy in return for a death benefit that is guaranteed until you die. Here we look at some of

Chipotle Mexican Grill Inc. (CMG) is a market leader in the fast-casual dining sector and faces five main rivals. They include Qdoba Mexican Eats, Moe’s Southwest Grill, Baja Fresh Mexican Grill, and Rubio’s Coastal Grill. Chipotle also competes on a less head-to-head basis against Taco Bell, the market leader in the Mexican-style fast-food sector. Competition

IMF vs. WTO vs. World Bank: An Overview The International Monetary Fund (IMF), the World Bank, and the World Trade Organization (WTO) are highlighted in the financial press or on television nearly every day. From loans to Greece to trade deals in Asia, these organizations make headlines across the globe. Understanding these entities and their missions will

In this article GOOGL FB PTON Shannon Stapleton | Reuters Rising oil prices, the prospect of the Federal Reserve dialing back its easy-money policy and tension among lawmakers in Washington are just a few of the factors behind the latest bout of volatility in the markets. Top analysts are sticking by these names amid the

For John Rogers, founder and lead portfolio manager for Ariel Investments, becoming a highly acclaimed investment manager is the realization of an ambition carried since he was a teenager. He started his own investment management firm within a few years of graduating from college. Ariel Investments managed $16.8 billion as of June 2021, and its

Some lawmakers have predicted bankruptcy for Social Security, pushing cuts in benefits or even privatization of the program to ensure its survival. What’s more, the latest (2021) annual report from the Social Security Board of Trustees suggests things have weakened with Social Security since the start of the COVID-19 pandemic. However, there might be some