Author: News Room

Co-produced with PendragonY When you have a diversified portfolio, not every position will experience good times at the same time. That also means that not every position will be experiencing bad times at the same time. A well-diversified portfolio means that your portfolio will always have relative outperformers and underperformers at any given time. Last year was a very tough year for fixed income, and so far, this year hasn’t been much better. Many fixed-income funds experienced distribution cuts, including one we hold, Flaherty & Crumrine’s Dynamic Preferred & Income Fund (NYSE:DFP). With dozens of dividend hikes last year, why…

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The blockchain ecosystem is disrupting a lot of industries. The nascent technology has so far enabled more enhanced financial recording systems and how transactions are executed.The blockchain space has also touched on healthcare, gaming, entertainment, and music.Not to be left out, the freelance industry is experiencing a wave of decentralized collaborative solutions via DeeLance.Currently, in its presale stage, DeeLance is a Web3 space for recruitment.The innovative platform enables freelancers and employers to hire and create value for a fraction of the cost when using traditional freelancing platforms.Given the growing interest in remote and independent job roles, DeeLance might become the front-runner…

The BBC is seeking a swift resolution after Twitter branded it as “government funded media.” Britain’s national broadcaster is predominantly funded by UK households via a license fee, which is also required to watch non-BBC channels or live services. This is supplemented by income from commercial operations. The @BBC account – which has 2.2 million followers – is currently branded as government funded. The label has not been given to the BBC’s other accounts, including BBC News (World) and BBC Breaking News. Twitter has not given a definition for what it considers “government funded media” to constitute. In a statement…

Bloated warehouse inventories are an expensive pressure eating away at the bottom line of many companies, and for many, the excess supply and associated costs of storage won’t abate this year, according to a new CNBC Supply Chain Survey.Just over one-third (36%) said they expect inventories to return to normal in the second half of this year, with an equal percentage expecting the gluts to last into 2024 — 21% saying a return to normal can occur in the first half of the year, and another 15% expecting normal activity by the first half of 2024. But uncertainty about inventory…

Traveling abroad is one thing, but starting a new life overseas is another.Expats who’ve moved abroad say Bahrain, the United Arab Emirates and Singapore are the top three places where it’s relatively easy to settle in, according to a 2022 Internations survey of nearly 12,000 expats around the world.Internations, the expat community group with 4.5 million members in 420 cities around the world, ranked locations based on what it calls the Expat Essentials Index, which considers newcomers’ assessments of their digital life (like access to administrative services online), housing (affordability and ease of finding housing for expats in particular), administrative topics…

Just For You Café, the San Francisco restaurant that inspired the animated sitcom “Bob’s Burgers”, closed down this week, partially due to soaring food inflation. The quirky breakfast joint, known for its New Orleans-style beignets and home-baked bread, was located in the Dogpatch neighborhood of San Francisco. It originally opened in 1980 and moved to its Dogpatch location in 2002.The café’s owner cited inflation and pandemic-related debt as reasons for its closure.  “The long and short of it is that we really haven’t been making money since COVID, and it’s just been kind of a battle,” Owner Reid Hannula told…

For multiple reasons, senior living has long been associated with leafy suburban settings. Locations close to seniors’ suburban homes, on land affordable enough for the development numbers to easily pencil out, just made sense. So did catering to folks who at younger ages had fled city life and never intended to look back. But as Baby Boomers reached retirement age, the model appeared to grow steadily less fail-safe. Many Boomers returned to cities as empty nesters, embracing the culture, vibrancy, nightlife and walkability of city living. Once they became old enough to seek senior living, they didn’t want to leave…

On Thursday, March 16, 2023, The New York Times NYT published, I Was an S.V.B. Client. I Blame the Venture Capitalists, by Elizabeth Spiers, a depositor at Silicon Valley Bank. In this article she states: “There’s plenty to say about how the bank brought this about — making risky investments, issuing communications that did more to alarm than explain. But as I hit refresh on my account balance Monday morning, I was thinking of the high-prestige venture capitalists who herded start-ups like mine to S.V.B. They’re the reason the bank was so overloaded with risky clients, and they’re also the…