A worker wields hinges to the company’s largest commercial asphalt paver at the Calder Brothers’ facility in Taylors, South Carolina, U.S., July 19, 2021. Brandon Granger | Calder Brothers Corporation | Reuters Hiring is expected to have picked up at a solid pace and wages likely continued to climb in October, as Covid receded and
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Four years after California launched a massive 10-year transportation upgrade program that was billed as a game-changer for the state’s infrastructure, questions linger about whether the program is living up to its promise. The Road Repair and Accountability Act of 2017, also known as SB 1, is expected to generate $54 billion by 2027 primarily
Opec and its allies declined to accelerate plans to increase oil production, rejecting calls from President Joe Biden to help ease rising crude prices and increasing the odds of a retaliatory move by the US. The Opec+ group, which has included Russia since 2016, said on Thursday it would stick with a plan formulated this
From the very beginning, the history of Switzerland’s Gstaad has been the stuff of legend. According to local lore, it was God’s resting hand that shaped the illustrious hills and valleys of the Saanenland region where Gstaad is located—divine intervention seemed the only plausible explanation for such remarkable scenic beauty. Even if you’ve never heard
In this article COLM CLBK Even though the Federal Reserve didn’t raise its benchmark rate Wednesday, the days of low rates are clearly numbered. Reports of hotter-than-anticipated inflation have paved the way for the central bank to unwind last year’s bond buying. While the Fed said that interest rates will stay near zero for now,
The leading crypto industry association in Iran has slammed authorities for their passive stance regarding crypto regulation. The government’s inaction is a source of concern, the organization said, offering its assistance to regulators whom it considers not sufficiently qualified to deal with the complex issue. Blockchain Association Proposes Public-Private Partnership on Crypto Rules in Iran
Puerto Rico’s economic activity index for August showed improvements from July and from August 2020. The index’s value was up 0.2% from July and up 3.3% from August 2020. August was the second consecutive month the index went up on a month-to-month basis. “The recovery in economic activity continues but at a weaker pace,” said
Ether (ETH) bulls are probably very pleased with the 368% gains accrued so far in 2021 and it seems like not a day passes where the altcoin doesn’t hit a new all-time high. Even with Ether on the path to $5,000, there are still plenty of concerns about the network’s capability to absorb the strong
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(Click here to subscribe to the Delivering Alpha newsletter.) While much of the world has been focused on environmental, social, and governance issues over the past few years, more recently, cracks are starting to show in the way companies are working to solve ESG challenges. Eileen Murray is the chairperson at the Financial Industry Regulatory Authority and
In this article GPS DE CVS Pedestrians pass in front of a GAP store in New York. Scott Mlyn | CNBC Check out the companies making headlines in midday trading. Activision Blizzard — The video game company tumbled more than 15% despite reporting better-than-expected quarterly earnings of 72 cents per share, compared to analysts’ estimates
As vacation cruising makes its return and demand for cargo remains strong, the outlook for Florida’s seaports is looking up. That’s the latest view from Fitch Ratings, which Friday revised its outlooks to stable from negative on both the Canaveral Port Authority and Port Everglades. At the same time, Fitch affirmed the A-minus rating on
The US has added NSO Group, the Israeli military spyware company that created software that has been traced to the phones of journalists and human rights activists, to a trade blacklist in a bid to tackle the growing surveillance threat posed by technology companies. NSO and a smaller Tel Aviv-based company, Candiru, were among four
The Berman Buckskin Ranch in low-key Placerville, Colorado, has had no shortage of high-stakes owners. The glass, wood and stone main house was originally designed for Academy Award-winning writer and director Oliver Stone and later re-envisioned by Lyle Berman. The professional poker player and business executive got his start working at his dad’s leather business, for whom
3715 S. Ocean Blvd in Highland Beach is a three level storm-proof fortress elevated on pilings and constructed of poured concrete and storm-proof glass. Daniel Petroni A waterfront megahome in Highland Beach has sold twice this year, and each time it has raised the bar for for this South Florida town, which has become one
American multinational investment bank JPMorgan has put a price on Bitcoin and it is a lot less than the asset currently trades for. In a report to investors as part of the bank’s inaugural outlook focused on alternative investments, strategists stated that alternative assets which include cryptocurrencies “should continue to outperform into 2022.” They also
President Joe Biden said he’ll announce soon his choice of nominees for chair and other vacancies on the Federal Reserve, amid a scandal over stock trades by central bank officials. “We’ll be making those announcements fairly quickly,” he said Tuesday at a press conference at a climate summit in Glasgow, Scotland. Biden has started meeting
During bull markets, altcoins tend to accrue gains when Bitcoin price consolidates and at they run in tandem with BTC price during breakouts. This dynamic appears to be at play today because multiple altcoins went parabolic at the same time that BTC made a run at $64,000 and Ether (ETH) hit a new all-time high
We highlight the top performing small cap ETFs of 2018 and the reasons behind their outperformance. (PXSG, FYC, SLYG). PowerShares Russell 2000 Pure Growth Portfolio: https://www.zacks.com/funds/etf/PXSG/profile?cid=CS-YOUTUBE-FT-VID First Trust Small Cap Growth AlphaDEX Fund: https://www.zacks.com/funds/etf/FYC/profile?cid=CS-YOUTUBE-FT-VID SPDR S&P 600 Small Cap Growth ETF: https://www.zacks.com/funds/etf/SLYG/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on
In this article CAR A customer boards an Avis Budget Group Inc. shuttle bus at the Denver International Airport (DEN) in Denver, Colorado, U.S., on Wednesday, Oct. 28, 2015. Luke Sharrett | Bloomberg | Getty Images Car rental stock Avis Budget surged Tuesday after the company reported a stronger-than-expected third quarter that sparked massive trading