Sat.Nov 12, 2022

article thumbnail

A Federal Judge Strikes Down Biden's Student Loan Forgiveness, the Right Move?

Mish Talk

NPR reports A federal judge calls student loan relief unlawful, deepening limbo for borrowers. But let's get to the heart of the matters because most article discussing the ruling didn't. Unquestionably, Biden's forgiveness was unconstitutional. He forgave $400 billion in student loans by executive power he did not have. The real question was finding someone with standing to sue.

article thumbnail

Saturday links: doing right by the environment

Abnormal Returns

Autos The physics of large SUVs mean they are a greater risk to pedestrians and cyclists. (slate.com) How the U.S. fell behind in traffic safety. (bloomberg.com) Cars may soon have drunk driving sensors. (axios.com) There's finally a female crash test dummy. (popsci.com) Energy Some technologies being tested to create grid-scale storage. (vox.com) New parking lots in France will soon require solar panels.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

MiB: Dave Nadig, Financial Futurist at VettaFi

The Big Picture

?. This week, we speak with ETF industry pioneer Dave Nadig, who currently serves as financial futurist at the data and analytics firm VettaFi. Nadig, who has more than 25 years of experience in the field — including as managing editor at ETF.com — co-authored a definitive book on ETFs, “A Comprehensive Guide To Exchange-Traded Funds,” for the CFA Institute.

article thumbnail

Sam Bankman-Fried vs. The Match King

A Wealth of Common Sense

“Everything in life is founded on confidence.” – Ivar Kreuger On October 28, 1929, Swedish businessman Ivar Kreuger appeared on the cover of Time Magazine. He was the most talked about person in the United States at the time because he was rich, powerful and mysterious. Kreuger controlled three-quarters of the production and sales of matches, owning more than 200 match factories in 35 different countries all ar.

Sales 119
article thumbnail

Register Now: Sneak Peek Into Close Automation SkyStem Web Demo

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, email, and shared drives no longer have to slow us down. Join us as we present a "sneak peek" recorded demo of SkyStem's month-end close solution – ART. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

article thumbnail

US, Japan-Led Climate Pact Set to Offer Indonesia $15 Billion

Advisor Perspectives

The US, Japan and other countries will offer a climate finance deal worth as much as $20 billion to help Indonesia shift its coal-dominated power grid away from the polluting fossil fuel.

97

More Trending

article thumbnail

Entrepreneurship and Financial Risk: What You Need to Know 

James Hendries

Entrepreneurs tend to be natural risk-takers but this doesn’t mean committing to uncompensated risk. A wise entrepreneur considers their potential exposure before leaping into a new business venture, moving forward only on those opportunities that present enough potential upside to make the risks worthwhile. Below, we discuss some financial risks an entrepreneur may face and how they may be mitigated.

Startup 52
article thumbnail

Musk Warns Twitter Bankruptcy Possible as Senior Executives Exit

Advisor Perspectives

Elon Musk, in his first address to Twitter Inc. employees since purchasing the company for $44 billion, said that bankruptcy was a possibility if it doesn’t start generating more cash, according to people familiar with the matter.

52
article thumbnail

Schedule for Week of November 13, 2022

Calculated Risk

The key economic reports this week are October Retail Sales, Housing Starts and Existing Home sales. For manufacturing, October industrial production, and the November New York, Philly and Kansas City Fed surveys, will be released this week. -- Monday, November 14th -- No major economic releases scheduled. -- Tuesday, November 15th -- 8:30 AM: The Producer Price Index for October from the BLS.

Retail 95
article thumbnail

Cathie Wood’s ARKK ETF Heads for Best Day Ever as Risk Assets Surge

Advisor Perspectives

Cathie Wood’s flagship fund clocked its best session on Thursday as riskier assets bounce following a softer-than-expected inflation report.

Assets 52
article thumbnail

2024 Lending Outlook: Innovations and Evolutions in the Financial Sector

As we step into 2024, the lending landscape evolves rapidly with technology, regulations, and market dynamics driving change. For banks and financial institutions to stay competitive and meet the evolving needs of their customers, these drivers must be understood and engaged with. Lenders can anticipate significant transformation fueled by technological advancements, regulatory shifts, and changing consumer behaviors.

article thumbnail

10 Weekend Reads

The Big Picture

The weekend is here! Pour yourself a mug of Dan9ish blend coffee, get comfy om bed, and get ready for our still-Covid-positive, longer-form weekend reads: • Was Jack Welch the Greatest C.E.O. of His Day—or the Worst? As the head of General Electric, he fired people in vast numbers and turned the manufacturing behemoth into a financial house of cards.

Food 246
article thumbnail

Biggest Junk-Bond ETFs Post Record Inflow in Dash Back to Risk

Advisor Perspectives

Investors trying to gauge the strength of the risk-on shift that gripped markets Thursday should look no further than two of the biggest high-yield credit exchange-traded funds.

article thumbnail

Biden’s Student Loan Forgiveness Plan Ruled Unlawful

Advisor Perspectives

A federal judge in Texas struck down the Biden administration’s sweeping student loan forgiveness plan, calling it “one of the largest exercises of legislative power without congressional authority in the history of the United States.