Elon Musk has spoken about his grueling work schedule as the new owner of Twitter and admitted to having “too much” on his plate. The billionaire businessman gave an insight into his workload during a session at the Business 20 conference in Indonesia on Monday. The conference is the official G-20 dialogue forum and is running alongside the…
Elon Musk Says He’s Working ‘7 Days a Week’ After Taking Over Twitter
Roth IRA Investments to Build Wealth Over Time
November 12, 2022
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Alternative InvestmentsBrightcrowdfundingETFsinvestingInvestmentmutual fundspersonal financereal estateretirementRetirement AccountsRoth IRA
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Don’t tell my wife. But me and Roth IRA Investments—we got a thing going on. After all, it’s the greatest wealth-building tool. Roth IRAs offer one of the best ways to invest for retirement, and many experts even consider them the best retirement account. This is because you can grow your Roth IRA money tax-free…
Pensioners, Investment Firms, Sovereign Funds Lose Big Amid FTX Bankruptcy
FTX, the Bahamian cryptocurrency exchange founded by Sam Bankman-Fried, filed for Chapter 11 bankruptcy protection in the United States on Friday, along with over 130 affiliate companies. This comes after the exchange halted user withdrawals due to insufficient liquidity, an issue Bankman-Fried assured would not affect their U.S. platform. FTX US is, however, among the…
Vanguard Launches Pension Fund to Capture Slice of Australia’s $2 Trillion Savings Pool
U.S. investment giant Vanguard has launched a pension fund in Australia in a bid to win a slice of the world’s fifth-largest pension fund worth $3.3 trillion (US$2.18 trillion). On Nov. 11, Vanguard announced its new product, Vanguard Super, which will attempt to win over local workers by undercutting its competitors. “As the first new entrant…
People Need to Take Great Reset Seriously and Wake Up Before It Is Too Late, Says Michael Walsh
November 11, 2022
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Business & MarketseconomyESGGreat ResetInvestmentU.S. dominanceUSUS FeaturesWorld Economic Forum (WEF)
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People need to take seriously the Great Reset that introduces communist-style living and governance being pushed by the World Economic Forum (WEF), said Michael Walsh, author, filmmaker, and editor. Too many people still treat it as nothing more than a conspiracy theory, Walsh said during an interview on EpochTV’s “Crossroads” program on Oct. 14. Walsh warned…
States Fight Multi-Front Battle Against Government, Banks, Big Tech
November 10, 2022
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Anti-ESGBig Tech CensorshipBusiness & MarketsCompanieseconomyenergyESGESG investingInvestmentMedia & Big TechPoliticsUSUS FeaturesUS News
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News Analysis 2022 has been a year of defiance from red states as they attempt to fight back against what they see as an illicit alliance of the Biden administration, Wall Street, and Big Tech to impose a left-wing agenda on America. The conflict appears to be heating up with each passing month. In October,…
Germany Prohibits Chinese Takeover of 2 Semiconductor Chipmakers, Citing Security Concerns
November 10, 2022
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Business & MarketsChinaChina Business & EconomyChineseeconomic policieseconomyEuropeEurope-China RelationsFinance & Business TiesGermanyInfiltrating the WestInternational RelationsInvestmentsemiconductor chipsSpecial TopicsTech CompetitionWorld
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Germany’s government on Wednesday blocked the sale of two of its semiconductor factories to Chinese-owned companies, citing security concerns. “We have prohibited a non-Union investor from entering into business ventures in Germany,” the country’s economy minister Robert Habeck told reporters in front of the German chancellor’s office on Wednesday. He added that the decision came because…
Amazon Makes History After Losing $1 Trillion in Market Value Amid Tech Stock Rout
November 10, 2022
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Amazon has become the first publicly traded company in history to lose $1 trillion in market valuation amid a volatile economy that has sparked a broad tech selloff. The Jeff Bezos-founded company, valued close to $1.88 trillion on July 2021, saw its shares fall 4.3 percent on Wednesday, pushing its market value down to $878 billion. Amazon stock…
Tech Job Cuts Accelerate to Near Pandemic-Era Levels
Job cuts in the tech sector have accelerated close to levels last seen in the first months of the pandemic, as the industry prepares for a downturn in the months ahead. Big tech companies like Meta, Google, Amazon, Twitter, and Apple have all announced a massive number of layoffs and hiring freezes, according to a…
American Homeowners Lost $1.3 Trillion in Home Equity in the Third Quarter
November 9, 2022
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Business & Marketseconomyhome equityhomeownersInvestmentMarketsreal estaterecessionUSUS NewsUS Real Estate
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In the third quarter, the market lost $1.3 trillion, or 7.6 percent in equity, as home values nationwide began to fall. This marked the largest quarterly decline on record, according to Black Knight, a mortgage software and analytics company. Following the unprecedented real estate boom of the last two years, signs of a slowing housing…
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