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Finance

Expert Handicapper Jeff Johnson Breaks Down the NFL 2018 Draft Class: Who Will Make the Biggest Impact?

The 2017 NFL draft produced a pretty impressive crop of players. Mitchell Trubisky, Patrick Mahomes, and Deshaun Watson are quarterbacks who were picked in the first round in 2017 and will be counted on to lead their respective teams in 2018. Of the 26 running backs that were drafted, it was Jacksonville’s Leonard Fournette, Carolina’s Christian McCaffery, and Kansas City’s Kareem Hunt who got a heck of a lot of attention for being such immediate impacts. It was looking like Dalvin Cook might join that group until an injury derailed his rookie campaign while Alvin Kamara raised a lot of eyebrows as the season wore on.  Jeff Johnson the handicapping expert who runs PremiumPicks.com and has developed an algorithm for successfully picking games against the spread breaks down the newest class of NFL players for the 2018 season.

Now, those guys that we just mentioned get a lot of love because those are the guys that score points. There were also some defensive rookies that made big impacts like cornerbacks Tre’Davious White, Desmond King, and Marshon Lattimore who immediately made their defenses better. Defensive ends Myles Garrett and Carl Lawson will put pressure on opposing quarterbacks for years to come while wide receiver Cooper Kupp will be a key part of the Rams’ air attack.

So, what about the 2018 class? Who are the players that are going to step right in and make a difference? Let’s take a look at some of the newcomers on both sides of the ball that will make an immediate impact.

Shoe-Ins

Calvin Ridley, Atlanta Falcons

It’s almost a given that Julio Jones and Mohamed Sanu are going to be key parts of the Atlanta Falcons’ pass attack. Well, opposing defensive coordinators know this too and will be sure to focus attention on those guys which could open things up for a guy like wide receiver Calvin Ridley who was chosen 26th overall in 2018. Ridley’s speed, route running, and 6’1” frame should make him a frequent target. Don’t be surprised if Ridley racks up around 1,000 receiving yards.

Saquon Barkley, New York Giants

Selected number 2 overall at the 2018 NFL Draft, running back Saquon Barkley looks like he’s ready to add something that has been missing from New York’s offense for a few years. While he will need time to adjust, this explosive running back has drawn comparisons to Tiki Barber although we shouldn’t get too far ahead of ourselves. New York’s one-dimensional attack has been a serious problem in recent years and defenses will now need to make adjustments in their approach especially with Odell Beckham Jr. back on the field. Look for Barkley to rush for 1,000 yards and pitch in with some key receptions.

D.J. Moore, Carolina Panthers

If there is one thing that the Carolina Panthers can use it’s a bit more depth at the wide receiver position and they got it when they picked D.J. Moore at the 2018 draft. Moore is 6-feet tall and weighs 215 pounds which makes him tough enough for defenders to deal with but add in the fact that he’s got good speed and can jump and it’s even tougher to defend against him. Devin Funchess is developing nicely and will be a favorite target of Cam Newton as will veteran tight end Greg Olsen. Torrey Smith is decent but he hasn’t had a ton of success in recent years. The opportunity for D.J. Moore to become an immediate impact is there for the taking but he will likely be eased into his role and become more of a target as the season progresses.

Rashad Penny, Seattle Seahawks

The Seahawks have had a revolving door of running backs ever since the departure of Marshawn Lynch but it looks like the 27th overall pick at the 2018 NFL Draft could bring some stability to the position. Rashad Penny will automatically become number one on the depth chart and he’s going to get more than his fair share of touches. Seattle has been moving away from pounding the ball in recent years and Penny gives them a great reason to make that a big part of their attack once again. One of the biggest issues for the rookie might be running behind such a weak offensive line.

Maurice Hurst, Oakland Raiders

We had to pay a bit of attention defensive rookies and a few game changers were drafted in 2018. Bradley Chubb, Roquan Smith, and Marcus Davenport will all be difference makers but the defensive rookie that should have the biggest impact should be Oakland’s Maurice Hurst. Oakland needed to shore up their defense and they did just that by drafting Hurst. Oakland wasn’t too bad against the run in 2017 but they will be much tougher to run against in 2018.

Outside Chance

Baker Mayfield, Cleveland Browns

It’s been years since the Cleveland Browns have been strong at the quarterback position. DeShone Kizer, Robert Griffin III, Johnny Manziel, and Brandon Weeden are just a few of the busts that have found themselves under center on this awful team in recent years. Now they are pinning their hopes on Baker Mayfield who was the first overall pick in the 2018 draft. It appears as though the Browns will let Tyrod Taylor lead the way heading into the season but if Mayfield gets a shot he will have a talented set of receivers to throw to. It also helps that running back Carlos Hyde is there to add another dimension to Cleveland’s attack.

Josh Rosen, Arizona Cardinals

With quarterback Sam Bradford now in Arizona, it is quite likely that the 10th overall pick, Josh Rosen, will find himself in a backup role to start the season. Of course, this is a guy that has a lot of upside and a high football IQ so it could be hard to keep him on the bench if Bradford struggles. A strong pre-season out of Rosen would also boost his chances of stepping into the lineup. With guys like Larry Fitzgerald and dual-threat David Johnson in the offense’s mix, Rosen could acquit himself nicely if given the opportunity. Arizona is the least favorite team to make it to the Super Bowl this year where as the Seattle Seahawks were 20-1 favorites right after the Super Bowl.

Lamar Jackson, Baltimore Ravens

The Ravens showed that they are ready to transition out of the Joe Flacco era when they chose quarterback Lamar Jackson in the first round of the 2018 draft. It’s all but certain that it will the veteran Flacco under center to start the season but it wouldn’t be shocking if Jackson was given an opportunity as the season wears on. Especially if the fading Flacco continues to regress as he has in recent years. It looks like Jackson is the future of this franchise but it remains a mystery as to when this future will begin.

Don’t Forget About…

Denzel Ward, Cleveland Browns

Cornerback Denzel Ward was picked 4th overall by the Cleveland Browns who will start him at the left cornerback position. The 21-year-old could surprise a lot of people.

Quenton Nelson, Indianapolis Colts

The Indianapolis Colts have had one of the worst offensive lines in the NFL for years. They gave up the most sacks in 2017 and their quarterback was hit frequently. With Andrew Luck returning from injury, Indy can ill-afford to allow this trend to continue and Quenton Nelson should help the cause. No. Nelson won’t be able to do it on his own but he will definitely make life a little easier for Luck.

Vita Vea, Tampa Bay Buccaneers

The Tampa Bay Buccaneers have had a ton of issues in recent years such as their inability to pressure opposing quarterbacks. They were last in sacks last year with just 22 but they should be better this year with the addition of Jason Pierre-Paul and their first-round pick Vita Vea. The 23-year-old Vea is 6’4” and weighs in at 247 pounds. The 2017 Pac-12 Defensive Player of the Year will make Tampa’s defense a lot harder to play against

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Crypto Finance News

The Leading Credit Institution In China Issued A Loan Using The Blockchain Technology

The Agricultural Bank of China (ABC), the fourth largest bank in China, has issued its first loan based on the blockchain, according to a July 31st report by the local news channel Financial News.

Agricultural Bank of China (ABC) had granted a loan via the blockchain technology

ABC, one of China’s leading credit institutions, announced that it had issued a credit of around $300,000, guaranteed by a piece of agricultural land in the province of Guizhou.

According to Financial News, the bank will bring together “local people, resource offices as well as agriculture and livestock offices” through the blockchain system, adding that the loan “will support the local tea industry.”

The ABC’s blockchain project received the participation of third parties, including the provincial branch of the Chinese People’s Bank, which acted as nodes for verifying the validity of credit data.

More blockchain-based loans to be granted in the future, according to ABC

In the future, as the bank says, other types of loans will be under the auspices of the blockchain technology, with decentralized ledger technology enabling ABC to prevent the issuance of customers applying for loans from different banks using the same property as a guarantee.

Accordingly, more blockchain technology-based loans would be granted in the future, as the distributed ledger technology wins more and more ground in China.

The Chinese government and local FinTech companies work on IoT and blockchain technology standardization

China continues to deploy blockchain technology at a significant pace, and the government plans to introduce industry-wide standards next year.

In July, China’s Joint Technical Committee of the International Organization for Standardization (ISO) and the International Electrotechnical Commission (IEC) announced that they would lead an international research group on standardization of the Internet of Things (IoT) and blockchain technology.

Be it as it may, China is making huge leaps towards becoming a blockchain nation, although cryptocurrencies are still considered high-risk assets for the Chinese economy.

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Finance

Big Payday as Global Online Gambling Forecast to Reach $97 Billion

Massive interest in online gambling is propelling the industry to a global valuation of $96.89 billion by 2024 and many are now also seeing apps, as well as desktops, laptops and tablets, driving the enormous growth in consumer betting.

That’s according to a new forecast by research firm Transparency Market Research, which made the projection despite policy and regulation restrictions in some regions which make it hard, if not impossible, for new players to get a piece of the market action. But the rise of mobile computing and the popularity of smartphones is giving nearly everyone access to a live casino online where they can place bets and gamble, the report notes.

“The global online gambling and betting market is primarily being driven by an increasing adoption of high-speed internet services in mobile devices,” the research-based forecast says. “The overall demand for live streaming of sports and games videos through online portals and mobile devices is growing at a very high rate and provides players from the global online gambling and betting market the opportunity to integrate their betting services into live streams directly, further enhancing the growth rate of the market.”

Europe: A Safe Bet

The largest growth in online gambling has been in Europe, followed by the Asia-Pacific region, North America, the Middle East and Africa and, then, South American countries, the research found. It says the European market is “marked by the presence of a large number of online operators for gambling and betting and several of its countries hold favourable regulatory environments conducive to the growth of the market. The UK is especially expected to play a key role in the European market, followed by Malta.”

Increasing demand for a quality live casino online also fuelled growth in Asia-Pacific nations, as regulations governing online gambling have eased in some countries in the region in recent years. “The market for global gambling and betting in Asia Pacific is expected to expand at a CAGR of 12.9% in terms of revenue, from 2016 to 2024,” the forecast says.

But it’s not the same in the United States, home to the largest economy in the world. “Conversely, a heavy restriction on online gambling and betting in the US has resulted in a severe loss for market players in North America. This region is expected grow at a much slower pace than others,” says the report. One bright spot in the US, however, is the relaxing of online betting regulations in some states, particularly betting-friendly Nevada, where gambling mecca Las Vegas is located, which is seen as driving fresh growth.

Scoring a Hit for Online Gambling

As for the types of bets taking place at an online casino — many of which are found via live casino reviews — the research found that casino-type games remained the most popular globally, taking a substantial 26.4% of total worldwide revenues in 2015. Sports betting is expected to eclipse casino games at live casinos online, however, due to what the research calls “a higher rate of adoption of live sports betting by multiple players.”

Also powering global online gambling are online lotteries and poker, says the research. It identified a strong demand among users for an enhanced gaming experience and said a large number of people gambling online were willing to bet more money because they have higher disposable incomes.

Overall, with the rise of the internet, and especially mobile computing, people’s gambling desires are increasingly shifting from brick-and-mortar casinos to those that operate online. “Gambling and betting operators are currently evolving with the adoption of online platforms and their preference over traditional, physical operations,” the report said.

Categories
Economy Finance News

Netflix, Prime Time and Global Market Overview This Week

Netflix and sell:

No matter how fast Netflix signs up new users, its investors are not happy. They added 1 million fewer subscribers than expected and the shares got poised. Reed Hastings, Netflix’s CEO, affirmed that it is just how business works, with ups and downs. They had made $3.9 billion in sales and $384 million in profit, and on Monday they closed at $400 per share. Mark Kelley, an Instinet analyst, had a target of $370 being afraid of the competitive landscape.

Prime time for Amazon:

Monday got Amazon suffering from periodic outages on mobile and desktop due to supra-agglomeration because of the Prime Day sale. Because of this error, their sales fell.

Big Tech faces Congress:

Facebook, Google, and Twitter were asked by the Senate and House Intelligence Committees to explain how they filter content while Russia’s meddling in US politics. The shares of Facebook soared after Mark Zuckerberg, Facebook’s CEO, after following the Cambridge Analytica data breach, testified before Congress.

A new deal for Europe and Japan:

Japan and the European Union had made a deal to remove trade barriers and slash tariffs. Furthermore, they made an agreement to recognize each other’s data protection systems as “equivalent.”

“Data is the fuel of [the] global economy, and this agreement will allow for data to travel safely between us to the benefit of both our citizens and our economies,” said EU Commissioner Věra Jourová.

Global market overview:

Even though in early trading European markets were significantly higher, Asian markets ended up mixed. After plunging 4% on Monday, US oil prices posted a small gain. On Monday S&P 500 dropped 0.1%, Nasdaq declined 0.3%, and Dow Jones industrial average added 0.2%.

Earnings:

Before the open Goldman Sachs (GS), Charles Schwab (SCHW), Progressive (PGR) Johnson & Johnson (JNJ), and UnitedHealth (UNH) will release earnings.

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Economy Finance News Personal Finance

What You Need to Start Your Own LLC

An LLC, or limited liability company, is a common format used to set up a business as it allows the owner to limit their personal liability for actions that are taken by the company. You can complete the formation of an LLC online by using such sites as https://www.irs-ein-tax-id.com/. The process is simple once you fully understanding the steps required for an LLC setup.

The first step is to name your LLC. You will need to review state laws to see how naming should be completed. Most states in the US do not allow an LLC to have a duplicate name of an existing business or a similar name.

You will also need to file Articles of Incorporation. This is done with the secretary of state within the state where your business will operate. This is a basic document that is used to set up an LLC company. it can also be called a certificate of organization or a certificate of formation.

As a new LLC, you will also need an employee identification number, also known as an EIN. This number is used for IRS purposes and is often needed to open business bank accounts as well as lines of credit or obtaining a loan. To apply for EIN number IRS, you can easily do so online at the IRS EIN site. Applying takes only a few minutes with basic information provided about your business.

Once you complete the application, hit the submit button and soon, you will be sent your new EIN number via email. You can then use this number for tax filing purposes as well as any business needs you may have, such as opening credit cards for your company or applying for business loans. The new EIN number will be applied to your business and remain as your trust tax id number throughout the duration of your company’s existence

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