community

Launch House, a tech startup incubator, sold entrepreneurs on the promise of community

The people here are young and friendly and full of hope. And why shouldn’t they be? For one month, they get to live in a mansion in Beverly Hills (Zillow estimate: $12.9 million). It’s not just any mansion, but the one where Paris Hilton used to live, with a precious little pergola overlooking a million-dollar …

Launch House, a tech startup incubator, sold entrepreneurs on the promise of community Read More »

Cardano (ADA) DeFi Ecosystem Has One Major Advantage Over Its Competitors: Community

Vladislav Sopov Cardano (ADA) ecosystem of decentralized applications (dApps) has one major advantage over its key rivals Contents Building DeFis with no VC influence: Case of Cardano (ADA)Cardano (ADA) dApps family surges day by dayAccording to an anonymous community-driven account of supporters of Cardano (ADA), the largest proof-of-stake (PoS) network, its ecosystem of decentralized finance (DeFi) …

Cardano (ADA) DeFi Ecosystem Has One Major Advantage Over Its Competitors: Community Read More »

Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next.

Now might be the time to consider hiding out in short-dated Treasurys or corporate bonds and other defensive parts of the stock market.On Friday, Federal Reserve Chairman Jerome Powell talked of a willingness to inflict “some pain” on households and businesses in an unusually blunt Jackson Hole speech that hinted at a 1970s-style inflation debacle, …

Fed’s Powell sparked a 1,000-point rout in the Dow. Here’s what investors should do next. Read More »

Here are 5 reasons why the bull run in stocks may be about to morph back into a bear market

Some market gurus are starting to worry the summer rally on Wall Street may be starting to fizzle, after stocks quickly lurched from oversold to overbought. Gene Goldman, chief investment officer of Cetera Financial Group, explained that stocks are likely headed for a pullback, even though the economy is in better shape than many Americans …

Here are 5 reasons why the bull run in stocks may be about to morph back into a bear market Read More »

California retirement community hikes elderly couple’s rent by $1,000/month: ‘That has to be a mistake’

Check out what’s clicking on FoxBusiness.com. Residents at a retirement home in California are now facing a surge in their cost of living by more than $1,000 per month for rent and other fees, sparking outrage in the community, according to a report.  Murrieta resident Yvonne Collins, whose mother and stepfather live at Paradise Village …

California retirement community hikes elderly couple’s rent by $1,000/month: ‘That has to be a mistake’ Read More »

Have stocks bottomed? Not until this ‘gorilla’ in equity markets budges, warns BofA

Households, not hedge funds or major corporations, represent the biggest class of owners of the U.S. stock market. That matters because households, the “placid gorilla” in U.S. stocks, haven’t cut and run despite this year’s sharp selloff, which means stocks haven’t hit a bottom yet, according to a BofA Global. Collectively, households hold about $38 …

Have stocks bottomed? Not until this ‘gorilla’ in equity markets budges, warns BofA Read More »

How long will stocks stay in a bear market? It hinges on if a recession hits, says Wells Fargo Institute

When the S&P 500 officially dropped into a bear market on June 13, closing down more than 20% from its last peak, it stirred debate about whether investors should hold tight or think about buying the dip. Battered stock prices SPX, -2.01% might look tempting for investors, but analysts at the Wells Fargo Investment Institute …

How long will stocks stay in a bear market? It hinges on if a recession hits, says Wells Fargo Institute Read More »

Community reacts after SEC’s Gensler affirms BTC’s commodity status

United States Securities and Exchange Commission Chair Gary Gensler riled up Crypto Twitter on Monday after affirming that Bitcoin (BTC) is a commodity. Questions were raised about its impact on Grayscales’ proposed Bitcoin exchange-traded fund (ETF) and why Ether (ETH) wasn’t mentioned.Speaking to Jim Cramer on CNBC’s Squawk Box on Monday, the SEC chair said …

Community reacts after SEC’s Gensler affirms BTC’s commodity status Read More »

‘It’s nuts’: Real estate agents describe chaos in New York City’s hot rental market

Renting an apartment in New York City this summer? Say hello to sky-high prices and a fight to the finish.Amid the heat and the occasional rain, there’s a mad scramble to rent affordable apartments in Gotham, which has been undersupplied for many years. Real estate agents describe the mayhem when it comes to prices. “It’s …

‘It’s nuts’: Real estate agents describe chaos in New York City’s hot rental market Read More »