It wasn’t such a great start to the new year. S&P 500 SPX, -1.48% Fell 1.5% to start the trading year 2021, the worst single-day decline since October 28. Maybe one day represents the trend. “2020 bought the rumor, and 2021 will sell the news,” wrote Kirk Spano, author of …
Read More »Venezuelan opposition allowed to take biden set to take fees
When Venezuela’s government takes charge of the National Assembly on Tuesday, it will put US-backed opposition leader Juan Guido in its most ambiguous position since he became the head of the movement to oust dictatorial President Nicolas Maduro two years ago. For the current government, Mr Gowda will no longer …
Read More »Carl Eikan sells more than half of his herbalife stakes
Carl Ika sold half of his stake in Herbalife Nutrition Ltd. HLF 0.54% And Nutrition-Supplements is relinquishing its seats on the company’s board, and its long-held investment has strongly defended itself against the onslaught of rival activist investor William Ackman. Mr Ukah had sold about 600 600 million of the …
Read More »How the American Mortgage Machine Works
Every family needs a home, and so many risks are created by a standard 30-year mortgage in America. Finding an investor to take every risk is the work of Rub Goldberg’s paradox, which is the US housing-finance industry. How it all fits together investors will one day be seen wandering …
Read More »Israel vaccinates more than 10% of its population in two weeks
TEL AVIV – Israel has inoculated nearly half of its vulnerable citizens and more than 10% of its population in two weeks as authorities stepped up the Covid-19 vaccination campaign after an outbreak of hiccups. With a population of about nine million as much as New York City, this small …
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