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Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013. Andrew Harrer | Bloomberg | Getty Images Securities and Exchange Commission Chairman Gary Gensler kicked off an ambitious regulatory agenda this year – and his agency is pushing forward
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Municipal yields were little changed Wednesday and the primary saw some action while U.S. Treasuries were slightly better on the day and equities were in the black ahead of Thursday’s CPI numbers. Triple-A benchmark yields were little changed while UST yields were slightly better outside of two years. The municipal to UST ratio five-year was
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The increasing pressure of inflation on the American economy, and household, is making cost of living an even greater issue than it had already been. According to the Bureau of Labor Statistics (BLS), the consumer price index for all items increased by 7% over the last 12 months from December 2020 to December 2021. That’s
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press release PRESS RELEASE. Not only are the financial markets experiencing a revolution due to blockchain technology and cryptocurrencies, but NFTs are changing the digital space for artists and consumers and investors. NFTs, already a multi-billion dollar sector, have witnessed an incredible rise of art collectors and investors, from professionals to hobbyists and newbies. Digital
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Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines after the bell: Chipotle — Shares of the Mexican fast-food chain rose more than 8% in after-hours trading after the company reported quarterly earnings that topped analyst expectations. Menu price hikes helped offset inflation without hurting customer demand. However, Chipotle said it
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Municipals were weaker Tuesday amid another spike in U.S. Treasury yields while equities rallied. The primary market was active, with Washington selling $743.5 million of general obligation bonds at similar spreads to its last deal in November. The South Carolina Public Service Authority priced $930 million of revenue refunding bonds while the state of Ohio
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China’s property troubles will make it harder for developers in the country to gain access to U.S. debt markets, according to Moody’s Investors Service. “We are seeing the trend of China property turmoil continuing to dampen enthusiasm for some high-yield issuance,” Annalisa Di Chiara, a senior vice president at Moody’s, told CNBC “Squawk Box Asia”
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Today, Singapore-based crypto exchange, Bybit, announced a new partnership with digital assets institution Cabital for EUR and GBP on-ramp integration.  Bybit crypto exchange platform users can now use EUR and GBP to buy cryptocurrency directly on the system through Cabital’s fiat on-ramp solution, with no transfer fees between their Bybit and Cabital wallets. According to
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The United States national governing body for the sport of figure skating, the U.S. Figure Skating, is the latest organization in the country to enable donations in cryptocurrencies like Bitcoin (BTC). The association has partnered with the enterprise-level donation platform Engiven in order to start accepting donations and gifts in cryptocurrency, the U.S. Figure Skating
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Claire G. Cohen, 87, one of the first women professionals in the municipal bond industry, whose career in public finance spanned over 49 years died at home on Feb. 3. “She was a pioneer in many ways, never shy to express an opinion which was always thoughtful and without rancor,” said Hy Grossman, who began
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Two Good Defensive Plays. Southern Company: https://www.zacks.com/stock/quote/SO?cid=CS-YOUTUBE-FT-VID Johnson & Johnson: https://www.zacks.com/stock/quote/JNJ?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
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Bob Cortright of DriveWealth Source: DriveWealth DriveWealth, the SoftBank-backed start-up that helps fintech firms like Revolut offer stocks, is getting into cryptocurrency trading, CNBC has learned. The New Jersey based start-up, valued at $2.85 billion in a recent fundraising, is acquiring a crypto firm founded by Harvard-trained quants and launching two subsidiaries to handle and
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