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Glenn Kelman is the chief executive of Redfin, a self-described technology-powered real estate company, a modern way to buy and sell homes. He’s been at the helm for almost two decades and doesn’t seem to have lost his zeal, not during the Great Financial Crisis, not now; he calls himself the luckiest person in the world.  It can’t be easy. Redfin stock reached a high of more than $95 per share during the pandemic and its corresponding housing boom, but it’s trended downward ever since, landing at around $5.50. It’s been a rough ride; revenue dropped last year, and agents…

[embedded content]There’s a lot of hype about Costco’s gold bar sales lately...what is it all about? Why are Costco selling gold and silver bars in the first place? Are buyers getting a good price? Join best selling author Mike Maloney and Alan Hibbard as they dive into the details on this interesting move by the retail giant.Mike Maloney is more than just a legend in the precious metals industry. He’s on a mission to help everyone maximize their individual prosperity. Mike is best known as the host of the hit video series Hidden Secrets of Money and his extremely popular…

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Starting May 1, community associations in Fairfax County interested in installing electric vehicle charging stations for their residents will be able to apply for technical assistance and partial reimbursement through the Charge Up Fairfax program.  Electric vehicles, or EVs, are better for the environment and less expensive to fuel and maintain than gas-powered vehicles. The convenience of at-home charging makes EV ownership more practical, but that can be a barrier for residents of community associations who may not have access to power near their parking space.    Read the article…………………………….

Oil has sold off 4% this week as traders unwind the geopolitical risk premium built into prices over the last two weeks on Israel-Iran tensions. Israel has refrained from immediately striking back against Iran in response to the unprecedented weekend air assault, reducing fears of a major war. File photo showing an oil tanker pass through the Suez Canal, Egypt.  Peter Bischoff | Pb Archive | Getty Images Crude oil futures fell for a fourth day Thursday, as Israel has refrained from immediately striking back against Iran after the unprecedented air assault last weekend, easing fears that the Middle East…

Washington CNN  —  US stocks wavered Tuesday after Federal Reserve Chair Jerome Powell said a “lack of further progress” on inflation means the central bank likely won’t cut interest rates at its upcoming policy meeting just two weeks away, keeping them higher for longer. Stocks seesawed after Powell’s comments, closing mixed Tuesday. The Dow rose 64 points, or 0.2%. The S&P 500 fell 0.2% and the Nasdaq Composite lost 0.1%. Meanwhile, the 2-year Treasury yield topped 5% on Tuesday before retreating below that threshold to about 4.96%. “The recent data have clearly not given us greater confidence” that inflation is headed toward the central…

The Biden-Harris Administration today released its first set of draft rules that propose to provide student debt relief for tens of millions of borrowers across the country. These plans were announced last week by President Biden in Madison, Wisconsin. If implemented as proposed, these plans, and others announced by the President, would bring the total number of borrowers getting relief under the Biden-Harris Administration to more than 30 million. To date, the Biden-Harris Administration has taken historic action to approve debt cancellation for nearly 4.3 million borrowers, totaling $153 billion in debt forgiveness through various actions. “Today's announcement shows that…

The risk of a global recession is "fairly minimal," Pierre-Olivier Gourinchas, the International Monetary Fund's economic counsellor, told CNBC. Good news include strong economic performance by the U.S. and several emerging market economies, along with inflation falling faster than expected until recently, despite weaker growth in Europe. However, threats to economic growth remain from escalating tensions in the Middle East. One of the International Monetary Fund's top economists signals little risk of a global recession, despite the ongoing rumblings of geopolitical uncertainty. The Washington DC-based institute this week nudged its global growth outlook slightly higher to 3.2% in 2024 and…

China’s gold markets under strain as horde of new buyers hunts for stable investment. April has been a busy month for the Hualin International Jewelry Market in Guangzhou. A scrum of eager buyers has descended upon the venue, looking to join a new gold rush as prices soar and the precious metal takes on new life as a vehicle for investment. Standing out as one of the few bets considered safe in China at present – with stocks, property and banking having lost their lustre in an environment of heightened uncertainty – gold has not only attracted new buyers, but…

Submitted by QTR's Fringe FinanceThere are few things I like more about NBA basketball than when a player gets so hot that it seems as though they can't miss a shot, no matter where they are shooting from. The legendary video game NBA Jam captured this beautifully, for those that remember.A “heat check” is when a hot player takes what would normally be a shot that's borderline absurd because they are feeling so good and confident in their ability that they feel like they can “push it” a little. The difficult shot is supposed to be the determining factor as to whether…

(Bloomberg) -- Gold steadied near a record high, even as investors weighed a shift in messaging from Federal Reserve Chair Jerome Powell, who said the US central bank will likely keep rates on hold for longer than originally planned.Most Read from BloombergThe precious metal is up about 15% so far this year, with gains partially driven by haven demand as geopolitical tensions in the Middle East and Ukraine continue to escalate.Bullion closed little changed on Tuesday after Powell said that it’s appropriate to give the Fed’s restrictive policy further time to work, and pointed to the lack of additional progress…

[embedded content]Embark on a thrilling financial journey as we explore the intricate history of silver pricing, highlighting significant chart patterns and predictions that suggest a monumental surge in silver's value. Dive deep into the relationship between the expanding currency supply since 1980 and silver's potential ascent to an astonishing $921 per ounce, supported by technical and economic analyses.This video is not just an exploration but a homage to the steadfast silver investors, offering insights into global trading shifts and strategic investment changes that hint at a lucrative future for silver. Get ready for a blend of nostalgia and sharp financial…