(Reuters) - HoneyBook, a company that helps freelancers with client management and other business functions, said on Wednesday its latest funding round of $250 million, led by investment giant Tiger Global Management, had valued it at $2.4 billion.The latest fund infusion has helped San Francisco-based HoneyBook more than double its valuation from its previous round in May this year, and has broug...Read More
Nov 3 (Reuters) - Shares of Zillow Group Inc were set to open at over a 14-month low on Wednesday, as analysts expressed shock over the online real-estate firm's move to exit its business of buying and selling homes due to unpredictable home prices, three years after it was expected to disrupt the real estate market.Zillow's Class A shares were down 14.1% at $73.39 premarket.Volatility in home pri...Read More
Nov 3 (Reuters) - Britain's Land Securities (LAND.L) has announced its second acquisition in the mixed-use property sector in a week, betting on growing demand for sites that combine commercial and residential spaces in the wake of the COVID-19 pandemic.Landsec said on Wednesday it had bought a 75% stake in Greater Manchester-based MediaCity, the UK's biggest tech and media hub outside London, f...Read More
GLASGOW, Nov 3 (Reuters) - China's central bank governor, Yi Gang, said on Wednesday Beijing was working on a new monetary policy facility to provide low cost funds for financial institutions to support green projects.Addressing a United Nations COP26 climate summit via a video message, Yi said the People's Bank of China (PBOC) and the European Union would soon deliver a shared understanding of wh...Read More
PARIS, Nov 3 (Reuters) - Shipping group CMA CGM has agreed to acquire the Fenix Marine Services (FMS) container terminal at the port of Los Angeles in a deal worth around $2 billion that will extend its presence in a crucial hub for transpacific trade.CMA CGM currently has a 10% stake in FMS and it is to buy the remaining 90% from investment fund EQT Infrastructure III on the basis of an enterpris...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - TheECB have backed themselves into a corner it seems. ECB president Lagarde saidthat "conditions are unlikely to be met next year" and this comesdespite money markets betting otherwise. With Chinese CO...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Gold pricesare modestly down in early U.S. dealings Wednesday, with silver futures pricesslightly up. The markets are pausing ahead of the conclusion this afternoon ofthis week's FOMC meeting, which i...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) -Spot gold prices are holding relatively steady in negative territory even as private-sector jobs grew more than expected in October, according to private-payrolls processor ADP.Wednesday, ADP said that...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Bitcoin-U.S. dollar are weakerin early U.S. trading Wednesday, on a normal corrective pullback after priceshit a two-week high on Tuesday. Bulls are keeping alive a price uptrend on thedaily bar chart....Read More
BERLIN (Reuters) - New car registrations in Germany fell 35%, to around 179,000 vehicles, in October as the global semiconductor shortage continues to cause production bottlenecks, a person familiar with the matter told Reuters on Wednesday."The demand is there," the source said, adding that the industry cannot keep up with supply due to delays in the production of car parts that require semicondu...Read More
BEIJING, Nov 3 (Reuters) - China will strengthen personal protections in the financial technology sector to curb unauthorised data collection and abuses, the country's central bank chief said on Wednesday.Beijing will improve the legal frameworks in the sector and countries should jointly set standards for personal data protection, People's Bank of China Governor Yi Gang said via video at the Hong...Read More
SYDNEY, Nov 3 (Reuters) - Commonwealth Bank of Australia (CBA.AX) will become the country's first main-street bank to offer a platform for retail customers to trade cryptocurrencies, breaking industry ranks as it looks to match offerings from rival fintech firms.Australia's biggest lender said it will partner with New York-based exchange Gemini Trust Company LLC to offer a "crypto exchange and c...Read More
FAIRFAX, Va. (Reuters) - Republicans pushed Democrats out of the Virginia governorship and were running even in heavily Democratic New Jersey on Wednesday, signaling trouble for President Joe Biden's party heading into next year's congressional elections.Republican Glenn Youngkin, a former private equity executive, claimed victory over Democratic former Governor Terry McAuliffe in Tuesday's vote a...Read More
MADRID, Nov 3 (Reuters) - Alphabet (GOOGL.O) plans to reopen its Google News service in Spain early next year after the government passed new legislation that allows media outlets to negotiate directly with the tech giant, the company said on Wednesday.The service closed in 2014 after the government passed a rule that forced Alphabet and other news aggregators to pay a collective licensing fee t...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - The 4-hour chart below shows that the rally in the gold pricesince late September is stalling. The price recently made a lower high lowerlow formation which could indicate a trend change but this is la...Read More
Bob Moriarty ArchivesNov 3, 2021The last time I talked to Tom Larsen of Eloro, the company had 8,000 assays outstanding. They can look at the core and know they are in mineralization but don’t have hard numbers. Progress on the assays are being made and they are down to 3,000 assays outstanding.On November 2, 2021Eloro put out a press releaseagain showing outstanding numbers. They highlight...Read More
Sprott Money, Released on 11/3/21It's been a rough year for the precious metals, but will investors have anything to be thankful for this November? Host Craig Hemke and analyst Chris Vermeulen of the Technical Traders break down all the gold and silver charts you need to see the cornucopia of good news. Chris Vermeulen has been involved in the markets since 1997 and is the founder of Technical Tra...Read More
Rich Dad Radio Show, Released on 11/3/21While it's been predicted that the Fed may soon begin to "taper" the amount of money it creates each month, it is unlikely to stop printing money altogether any time soon. Today's guest describes the Fed's addiction to printing money as "monetary heroin" explaining that 40% of all money in existence in the U.S. has been created in the last 18 months. Peter G...Read More
Kitco News, Released on 11/3/21The Fed announced Wednesday plans to begin tapering its asset purchase program later in November, with a $10 trillion reduction in Treasuries and $5 billion reduction of mortgage-backed securities.Gary Wagner, editor of TheGoldForecast.com, discusses with David Lin, anchor for Kitco News, the impact this decision will have on the gold price.0:00 - Monetary policy7:10...Read More
Carnivore Trades, Released on 11/3/21Become a Patron and receive exclusive swing trade alerts in real time, plus premium market commentary - https://www.patreon.com/carnivoretrades?>>?Weekend Analysis Videos Can Be Found at -https://www.youtube.com/channel/UC0iT...Follow Aaron Basile: Twitter: https://twitter.com/aaronbasileYouTube: https://www.youtube.com/user/aaronbasile/videosWebsite: https://a...Read More