Justice Department Investigating Whether DOJ Officials Tried To Alter Election Outcome

Share to Facebook Share to Twitter Share to Linkedin Topline Department of Justice Inspector General Michael Horowitz announced Monday that his office has launched an investigation into whether any current or former department officials engaged in an “improper attempt” to alter the outcome of the 2020 election.  Michael Horowitz testifies before the Senate Committee On […]

Justice Department Investigating Whether DOJ Officials Tried To Alter Election Outcome

Share to Facebook Share to Twitter Share to Linkedin Topline Department of Justice Inspector General Michael Horowitz announced Monday that his office has launched an investigation into whether any current or former department officials engaged in an “improper attempt” to alter the outcome of the 2020 election.  Michael Horowitz testifies before the Senate Committee On […]

Behind The Austin FC Q2 Stadium Naming Rights Deal

Share to Facebook Share to Twitter Share to Linkedin A rendering of the new Q2 Stadium in Austin, set to open in 2021. Austin FC Austin FC, the first professional sports team in one of the country’s fastest-growing large cities, has kept the club’s major sponsorship deals close to home, including a long-term stadium naming […]

Biden Reverses Trump's Transgender Military Ban

President Biden on Monday repealed former President Trump’s ban on transgender individuals serving in the US military – signing an executive order that “sets the policy that all Americans who are qualified to serve in the Armed Forces of the United States should be able to serve,” according to a fact sheet circulated by new […]

Budweiser Won’t Advertise at the Super Bowl: Live Updates

Here’s what you need to know: A still from the Budweiser advertisement shows two health care workers getting vaccinated.Credit…Budweiser, via Associated Press Budweiser, the beer giant whose commercials featuring Clydesdale horses, croaking frogs and winsome puppies made it one of the most beloved Super Bowl advertisers, is opting out of the game-time broadcast this year […]

Five Market Trends Driving Energy Transition

Share to Facebook Share to Twitter Share to Linkedin After 2020 the art of prediction may seem like an imprudent luxury. While no one could have forecast how the year would play out, there were trends in play which continue to drive fundamental shifts in the energy markets. Energy transition is firmly underway and there […]

Blockchain Bites: ETH Pumps, Coins Leave Exchanges

Ethereum’s and Chainklink’s native cryptocurrencies, ether and link, have set new record highs while bitcoin is in motion to recover losses from its worst week in at least five months. Meanwhile, an early blockchain-based digital collectible sold for $762,000 … what!? Top shelf Calling bitcoin bulls:The Income Strategy fund for Miller Value Partners, a legendary […]

Stocks Are Doing Something They Haven't Done Since The Dot Com Bubble

With 66 S&P 500 companies, representing 22% of S&P 500 earnings, having already reported Q4 earnings, there was some good, some not so good, and some downright bizarre news this earnings season. First, the good news: as Bank of America’s Savita Subramanian reports, S&P EPS rose 2% last week to $38.70 (-8% YoY) and 73% […]

RespectAbility Brings Accessibility And Inclusion Series To Sundance

Share to Facebook Share to Twitter Share to Linkedin ‘CODA’ courtesy of Sundance. All photos are copyrighted and may be used by press only for the purpose of news or editorial coverage of Sundance Institute pro RespectAbility, the disability advocacy non-profit that works to combat stigmas and promote opportunities for people with disabilities, is making […]

Biden Ends Ban On Transgender Military

Share to Facebook Share to Twitter Share to Linkedin From left: Retired Army lieutenant colonel Ann Murdoch; Transgender American Veterans Association … [+] Vice President Gene Silvestri; Yvonne Cook-Riley; retired Army major and Transgender American Veterans Association President Evan Young; petty officer first class Alice Ashton; and retired Air Force major Nella Ludlow pose for […]

Roundup: How to Set Achievable Financial Goals

A few weeks into the new year, how are your resolutions going? Have you veered off course? If you have, you’re not alone: Most people ditch their resolutions by February. If your resolutions are already losing steam, don’t worry: You still have plenty of time to make a plan that works for you. Here’s how […]

Vietnam’s Oldest Bitcoin Exchange Adds Support for Lightning Network

Vietnamese Bitcoin exchange VBTC has integrated the Lightning Network. In an announcement on Sunday, Vietnam’s oldest (and reportedly only Bitcoin-exclusive) exchange revealed that Lightning Network withdrawals are now open to its users.  According to an article by BitcoinVN News, the media arm of BitcoinVN, a parent company which also owns VBTC, Lightning Network withdrawals are […]

The Metropolitan Opera Hires Its First Chief Diversity Officer

Advertisement Continue reading the main story Supported by Continue reading the main storyThe Metropolitan Opera Hires Its First Chief Diversity Officer Marcia Sells has been brought on to rethink equity and inclusion at the largest performing arts institution in the United States. Marcia Sells, who has been hired as the first chief diversity officer in […]

Bitcoin News Roundup for Jan. 25, 2021

With bitcoin bouncing and ether hitting a new all-time high, CoinDesk’s Market’s Daily is back with the latest news roundup. Add Markets Daily to your Alexa Flash Briefing here. This episode is sponsored by Nexo.io. Today’s stories: First Mover: Bitcoin Flushes ‘Weak Hands’ as Ethereum Hits New All-Time High  Last week’s rout in bitcoin market looks like […]

CFTC Attorney Who Let Regulators Trade Crypto Joins Private Law Firm

Daniel Davis, the Commodity Futures Trading Commission’s (CFTC) general counsel, is joining Katten Muchin Rosenman LLP, a law firm based in Chicago. Davis, who joined the CFTC in 2017 under former Chair Chris Giancarlo, headed the agency’s legal division for four years, overseeing the regulatory agency’s compliance with the law in rulemaking as well as […]

With A New Podcast, Victoria Azarenka Evolves As A Major Voice In Tennis

Share to Facebook Share to Twitter Share to Linkedin Victoria Azarenka of Belarus celebrates in her round one match against Venus Williams of The United … [+] States during day three of the Internazionali BNL d’Italia at Foro Italico on September 16, 2020 in Rome, Italy. (Photo by Riccardo Antimiani – Pool/Getty Images) Getty Images […]

Will Venezuela Go To War Over Oil?

By Viktor Katona of Oilprice.com January 2021 is still far from over yet the pages of Oilprice already boast 6 articles about Guyana being the hottest drilling spot in the world. This is hardly surprising, considering the hot streak that ExxonMobil had over the past 5 years, with new companies coming in and stepping up […]

Morgan Wallen Repeats at No. 1 With Big Streaming Numbers

Advertisement Continue reading the main story Supported by Continue reading the main story The Charts Morgan Wallen Repeats at No. 1 With Big Streaming Numbers Songs from the country star’s “Dangerous: The Double Album” were streamed 177 million times in its second week out. Morgan Wallen’s “Dangerous: The Double Album” had the equivalent of 159,000 […]

Biden Reverses Trump’s Transgender Military Ban

Share to Facebook Share to Twitter Share to Linkedin Topline President Joe Biden signed an executive order Monday that reversed former President Donald Trump’s ban on transgender Americans serving in the U.S. military, with Biden saying  he “believes that gender identity should not be a bar to military service.” Activists participate in a rally at […]

Adviser links: making ourselves useful

Mondays are all about financial adviser-related links here at Abnormal Returns. You can check out last week’s links including a look at what roadblocks stand in the way of greater diversity in wealth management. Quote of the Day “The Go-Giver” teaches us that by making ourselves useful and available to the needs of others, we […]

California Gov Lifts COVID Stay-At-Home Order; Dr. Fauci Worries Jabs Won't Stop Mutant Strains: Live Updates

Summary: California Gov is lifting stay at home orders Dr. Fauci criticizes US COVID approach, worries vaccines wont’ stop mutations US cases, deaths, hospitalizations decline Biden signs COVID travel bans BoJo approves border crackdown South Africa approves AZ vaccine for vaccinations Moderna developing booster shot to fight South African strain Macron expected to announce 3rd […]

For Sale: Souvenirs of Capitalism's Failures

Advertisement Continue reading the main story Supported by Continue reading the main storyThey Say Capitalism Is Over. Want to Buy a Piece? A bustling market for souvenirs of Lehman Brothers, Enron, and other casualties of the system. We’re bullish on…tchotchkes that symbolize the heyday of financiers.Credit…Wall Street Treasures Jan. 25, 2021, 11:11 a.m. ET When […]

Markets Are Breaking Left And Right As Stocks Tumble

Whether it is due to the absolute insanity taking place among the most shorted names, or the broader market suddenly tumbling (perhaps as the PPT forgot to keep an eye on the S&P transfixed by the action in GME), Downdetector and Bloomberg report that a slew of trading platforms are reporting problems on Monday, and […]

Age of ILCOIN: A Revolution in The Merger of VR With Blockchain-Based Gaming

Gaming is the fastest-growing form of entertainment in the world with revenues increasing globally at around 9.7% per year. Video game revenues totaled $139 billion in 2019, and the market is estimated to be worth nearly $200 billion by 2022. Such development is being accelerated by the introduction of blockchain technologies into the industry and […]

Housing Inventory Weekly Update: At Record Lows

One of the key questions for 2021 is: Will inventory increase as the pandemic subsides, or will inventory decrease further in 2021? Tracking inventory will be very important this year, and I’ll be using some weekly sources. Click on graph for larger image in graph gallery. This inventory graph is courtesy of Altos Research.As of […]

Budweiser Won't Advertise at Super Bowl LV

#masthead-section-label, #masthead-bar-one { display: none }Covid-19 VaccinesVaccine QuestionsWhich States are Increasing AccessRollout by StateHow 9 Vaccines Work Advertisement Continue reading the main storyBudweiser Won’t Advertise at the Super Bowl: Live UpdatesAfter 37 years, Budweiser will sit out the Super Bowl.Jan. 25, 2021, 10:28 a.m. ETJan. 25, 2021, 10:28 a.m. ET A still from the Budweiser […]

Bitcoin Could be Coiling Up for a Massive Push Higher as Bulls Take Control

Bitcoin’s recent underperformance against altcoins came to a swift end today, with bulls allowing the crypto to rocket higher while bears struggle to slow its ascent The cryptocurrency is now in the process of erasing much of its recent losses, with bulls targeting further upside This rally has taken the wind out of many altcoins’ […]

Supreme Court Dismisses Suits Over Trump Finances

The US Supreme Court on Monday ordered the dismissal of a pair of lawsuits accusing former President Trump of illegally profiting from his presidency, after several foreign and state government officials patronized his properties – including the Trump International Hotel in Washington, located a few blocks from the White House. The plaintiffs included hotels, restaurants […]

Dallas Fed: “Texas Manufacturing Expansion Moderates” in January

From the Dallas Fed: Texas Manufacturing Expansion ModeratesTexas factory activity continued to expand in January, albeit at a markedly slower pace, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, fell from 26.8 to 4.6, indicating a sharp deceleration in output growth. Other […]

Hedge Fund CIO: “It's An Orgy”

By Eric Peters, CIO of One River Asset Management “The big boys are no longer bullish,” bellowed Biggie Too in baritone. “The big boys are now bubble bullish,” continued the chief investment strategist for one of Wall Street’s Too-Big-To-Fail affairs. “They ask Biggie, why can’t the S&P trade 5,500?” said Too, easing into third person. […]

Sarah Huckabee Sanders Announces Run For Governor Of Arkansas

Since she left the West Wing, Sarah Huckabee Sanders, it has been assumed, would be running for office in her home state, perhaps as a senator, or maybe even the governorship, an office once held by her father, Mike Huckabee, and former president Bill Clinton. On Monday, Sanders made it official by releasing a lengthy […]

Wall Street C.E.O.s Return to Saudi Arabia's 'Davos in the Desert'

Advertisement Continue reading the main storyDealBook Business and Policy Supported by Continue reading the main story DealBook Newsletter Wall Street Returns to Riyadh Is there a statute of limitations on attending “Davos in the Desert”? Andrew Ross Sorkin, Jason Karaian, Michael J. de la Merced, Lauren Hirsch and Jan. 25, 2021Updated 10:09 a.m. ET Crown […]

Amazon Union Drive Takes Hold in Unlikely Place

Advertisement Continue reading the main story Supported by Continue reading the main storyAmazon Union Drive Takes Hold in Unlikely Place Workers at a warehouse in Bessemer, Ala., are to vote next month on whether to unionize, the largest and most viable effort of its kind involving the technology giant. Union organizers talk to Amazon workers […]

Daytrading Army Unleashes Furious Cascade Of Short Squeeze Meltups

In another insane day for small-cap stocks, which has seen the relentless forced short squeeze in GME continue, more than doubling the stock in the premarket before settling up some 40% higher… … with the squeeze now moving to the second most shorted stock (as per our Friday preview) namely FIZZ… … which as a […]

It’s IRS 1099 Time, Beware New Gig Form 1099-NEC

The most common type is Form 1099-MISC, for miscellaneous income. But the newest is Form 1099- NEC. Up until 2020, paying to independent contractors went on 1099-MISC, in Box 7, for non-employee compensation. Now use 1099-NEC, and get ready to pay self-employment tax.