Mad Times FinancialYour World...Your Money...Your News

SpaceX Begins Accepting $99 Preorders for its Starlink Satellite Internet Service as Musk Eyes IPO

February 10, 2021 RickMad Comments Off

CNBC: Elon Musk’s SpaceX has widened the scope of the public beta test of its Starlink satellite internet service. Starlink’s website emphasizes that preorders are “fully refundable,” but notes in fine print that “placing a […]

Nasdaq Nears Record After Google, Amazon Earnings

February 3, 2021 RickMad Comments Off

FoxBusiness: Amazon CEO Jeff Bezos will step aside later this year The Nasdaq took the lead at the start of trading Wednesday as investors weighed another batch of big tech earnings and the possibility Democrats could forge ahead with their […]

Expect New iPad Air and Apple Watch 6 at Apple’s Tuesday Event, Analyst Says

September 14, 2020 RickMad Comments Off

CNBC: Apple could release new iPad Air and Apple Watch models as soon as its launch event on Tuesday, TF Securities analyst Ming-Chi Kuo predicted in a note on Monday. New iPhones won’t be announced […]

Economy

Fed Holds Rates Near Zero, But Lifts Growth Outlook as US Economic Recovery Strengthens

FoxBusiness: Economic outlook has changed drastically since policymakers met at the end of January. Advertisements Advertisements The Federal Reserve said Wednesday that it would continue holding interest rates near zero and reaffirmed [...]
Economy

Here’s How Much Cash Retirees Really Need, According to Financial Advisors

CNBC.com: With inflation fears high and interest rates at rock-bottom lows, retirees may wrestle with how much cash they need during their golden years. Advertisements Advertisements The consumer price index, [...]
Real Estate

Real-Estate Agents Gear Up for Fight to Save Their Commissions

WSJ.com: The residential real-estate industry is bracing for a challenge to the commissions charged by its sales agents, one that could put downward pressure on the fees paid by home [...]
Economy

Powell Says Fed Could Start Scaling Back Stimulus This Year

WSJ.com: Federal Reserve Chairman Jerome Powell reaffirmed the central bank’s emerging plan to begin reversing its easy-money policies later this year while explaining in greater detail why he expects a recent [...]
Housing Market

US Home Prices Still Face A ‘Steep And Sustained’ Decline This Year, Economist Warns

FoxBusiness.com: Economist warns ‘the bulk of the drop in home prices is yet to come’ The U.S. housing market has defied expectations for a crash so far this year, but [...]
Election News

Fasten Your Seat Belts: Markets Could Have A Bumpy Election Season

Forbes: With the Democratic and Republican political conventions behind us, election season is in full swing. This month seems like a good time to review the historical patterns of previous [...]