Over half a million silver coins just vanished – now the metals dealer behind the ‘fraudulent’ scheme must pay $146 million

A precious metals dealer has been asked to pay up $146 million in damages after over half a million silver coins went missing. Robert Higgins ran a “fraudulent and deceptive scheme” linked to the purchase and sale of precious metals, the CFTC said. From 2014 to 2022, Higgins led a ‘fraudulent silver leasing program’ that… Continue reading Over half a million silver coins just vanished – now the metals dealer behind the ‘fraudulent’ scheme must pay $146 million

The pain is just starting for commercial real estate – and plunging prices could reignite the banking crisis and choke the US economy, Columbia professor says

A Columbia professor has issued a bleak outlook for commercial real estate in the US. Office values are plunging and threaten to cause an “urban doom loop,” Stijn Van Nieuwerburgh said. The sector’s challenges could spill into the banking sector and hurt the wider economy, he said. Loading Something is loading. Thanks for signing up!… Continue reading The pain is just starting for commercial real estate – and plunging prices could reignite the banking crisis and choke the US economy, Columbia professor says

Stocks’ bull run from the first half won’t last – high interest rates and slumping growth will kill the rally, UBS says

The stock-market rally will fade over the second half of 2023, according to UBS. Further rate hikes  and weak economic data “could quickly unravel optimism,” strategists said. Equities have started the year on a tear, with tech stocks posting their best first half since 1983. Loading Something is loading. Thanks for signing up! Access your… Continue reading Stocks’ bull run from the first half won’t last – high interest rates and slumping growth will kill the rally, UBS says

Emerging economies are decoupling from China, helping them stay strong despite rising interest rates, market veteran says

Emerging markets are proving resilient amid post-pandemic challenges, Ruchir Sharma wrote in The Financial Times. They are also seeing new opportunities after moving away from Chinese dependence. “The old notion that ’emerging’ is another word for reckless no longer applies,” Sharma said. Loading Something is loading. Thanks for signing up! Access your favorite topics in… Continue reading Emerging economies are decoupling from China, helping them stay strong despite rising interest rates, market veteran says

The stock market has 70% chance of crashing in a few years, according to legendary investor Jeremy Grantham

Stocks have a 70% chance of crashing in a few years, legendary investor Jeremy Grantham said. The GMO co-founder pointed to parallels between the current market and previous crashes. Grantham originally estimated an 85% chance the market was in another bubble on the verge of bursting. Loading Something is loading. Thanks for signing up! Access… Continue reading The stock market has 70% chance of crashing in a few years, according to legendary investor Jeremy Grantham

Upgrading to Windows 11 Pro could renew your older computer

Older machines may require you to purchase a license separately Published Jun 23, 2023  •  Last updated 5 days ago  •  2 minute read Photo by StackCommerce This article was created by StackCommerce. Postmedia may earn an affiliate commission from purchases made through our links on this page. Advertisement 2 This advertisement has not loaded yet,… Continue reading Upgrading to Windows 11 Pro could renew your older computer

Stock Market Today: Tesla Stock Soars in Quiet Day for Markets

Stocks made modest moves in Monday’s abbreviated session as most market participants got a head start on their Fourth of July festivities. (As a reminder, the stock and bond markets closed today at 1 pm Eastern time and are closed Tuesday, July 4, for the Independence Day holiday.) Still, there was plenty to take in… Continue reading Stock Market Today: Tesla Stock Soars in Quiet Day for Markets