Author: Jeanna Smialek

WHAT IS AN OFFSHORE COMPANY & WHAT ARE THE BENEFITS?

If you are thinking about starting your own organization, then you might have considered the possibility of establishing it as an offshore company. An offshore company offers benefits that regular companies cannot match. Before you decide what kind of organization to establish, you should learn a bit about how starting an offshore company might benefit you.…
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8 Important Facts About Investing That People Often Forget

These days, learning about personal finance and investment is as easy as searching online. However, this is a double-edged sword because while information has become more accessible, not everything you’ll read on the Internet will be true or helpful. I’ve seen websites with misleading data, people telling false stories, and the worst of them all…
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An attendee at a job fair in Miami last month. An improving labor market has lifted wages and left more Americans with jobs, but many remain on the edge financially.

Many Adults Would Struggle to Find $400, the Fed Finds

Four in 10 American adults wouldn’t be able to cover an unexpected $400 expense with cash, savings or a credit-card charge that could be quickly paid off, a new Federal Reserve survey finds. About 27 percent of people surveyed would need to borrow or sell something to pay for such a bill, and 12 percent…
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Stocks making the biggest moves midday: Apple, CVS Health, Clorox & more

These are companies making headlines midday Wednesday, May 1st 2019: Apple — Apple gained 4.9% after the release of its fiscal second-quarter results. Apple reported earnings of per share of $2.46, 10 cents above a Refinitiv estimate. Revenue also topped expectations. Apple raised its revenue guidance for the next quarter to between $52.5 and $54.5…
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Citigroup has created a new, less risky way of investing in crypto — and it may be a game changer for the industry

Citigroup may have cracked the cryptocurrency code. The New York-based bank has come up with the most direct way to invest in cryptocurrency without actually having it, according to people who know the plan. This structure will place the cryptocurrency in the existing regulatory regime and give large Wall Street investors such as asset managers…
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Goldman Sachs is ditching near-term plans to open a bitcoin trading desk, instead focusing on a key business for driving Wall Street investment in crypto

Even Goldman Sachs, a giant Wall Street that trades the most esoteric assets of the market, cannot find a way to trade bitcoin. The bank has ditched plans to open a table for cryptocurrency trading in the future, according to people familiar with the matter, because the regulatory framework for crypto is still unclear. As…
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Why the first pioneered of oil ETF not holding his breath for a bitcoin ?

U The bitcoin world was dealt a big blow when regulators rejected nine exchange-traded funds tied to bitcoin futures on Wednesday. These include two products from ProShares, two from GraniteShares, and five other proposals from Direxion.Markets Insider It means the world is still waiting for its first fully regulated bitcoin ETF product. The funds would…
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Wall Street Regulators are stepping up enforcement actions against cryptocurre

Two US financial regulators are used for clients who have been involved with cryptocurrency, in the first attempt to regulate a growing industry. In the first case, the SEC took action against crypto hedge funds, alleging that California’s Crypto Asset Management LP management funds misrepresented itself as “the country’s first crypto fund of regulated assets”…
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BAML survey : Investors raise cash buffers as gloom gathers over global economy

LONDON Investors cut equity exposure this month as they grew more wary that economic growth may slow, but kept a long-standing preference for mega-cap tech stocks, Bank of America Merrill Lynch’s monthly survey indicated on Tuesday. BAML’s September survey found investors’ outlook on economic growth had worsened significantly, driving them to increase cash holdings. A…
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