In this article UWMC Tony Andrews | Twenty20 Starting later this year, U.S. homebuyers will have the option to pay for their mortgage in bitcoin. United Wholesale Mortgage, which made its public debut in January via a special purpose acquisition (SPAC) merger, announced plans this week to accept cryptocurrency for home loans, in what is
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Municipals remained steady on an otherwise lackluster Thursday as the New York Liberty Development Corp. came to market with $1.22 billion of green bonds. Thursday saw the pricing of the last of the week’s large deals and a typical slow summer Friday lies ahead. A New York underwriter said the secondary continued to trade sideways
The US Federal Trade Commission has refiled its antitrust complaint against Facebook, doubling down on its accusations that the social media group maintains monopoly power and uses a “buy or bury” strategy to neutralise competitors. Initially filed in December, the original lawsuit accused Facebook of conducting a “years-long course of anti-competitive conduct”, as it sought
Avalanche blockchain platform’s native asset AVAX fell on Thursday as traders decided to secure their profits from its 100% upside move. The AVAX/USD exchange rate plunged more than 16% after hitting a three-month high of $36.64, putting a brake on a seven-day upside boom that saw its price rising by 111%. It appears that traders
In this video, we’re going to talk about the difference between buying a call and selling a put. You’ll understand this quickly because we will go into details that will be a real eye-opener for you. You’re going to see in which scenarios you’re going to make money. Also, I’ll show you when you need
Gold is one of the best performing assets this year; should investors invest in gold ETFs? (SPY, GLD, IAU). SPDR S&P 500 ETF: https://www.zacks.com/funds/etf/SPY/profile?cid=CS-YOUTUBE-FT-VID SPDR Gold Share: https://www.zacks.com/funds/etf/GLD/profile?cid=CS-YOUTUBE-FT-VID iShares Gold Trust: https://www.zacks.com/funds/etf/IAU/profile?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
It was once said that the internet would make it possible for anyone with 1,000 fans to make a living, but Li Jin believes that in the age of NFTs, one or two serious supporters may be enough. Jin is a flag bearer for the “passion economy,” which she describes as an economic system that
HilltopSecurities has hired two key financial services leaders from Piper Sandler for its public finance division in Florida and Minnesota. John Pellicci, former managing director at Piper Sandler, will serve as senior managing director, head of municipal high yield underwriting and sales at Hilltop. Yaffa Rattner, also formerly managing director at Piper Sandler, joined Hilltop
Popular retail trading app, Robinhood, has revealed crypto trading surged in popularity on the platform and now represents 41% of its revenue. According to its second-quarter financial results published Aug. 18, the firm generated $233 million from crypto trading services for the quarter, up from $5 million for the entirety of 2020. More than 60%
In this article PSTH Bill Ackman’s troubled SPAC was hit with a lawsuit Tuesday alleging the blank-check company promised “staggering compensation” to directors and asking that the entity’s special status be revoked. The plaintiffs — former Securities and Exchange Commission commissioner Robert Jackson and Yale law professor John Morley — claim that Pershing Square Tontine
In this article WFC NVDA CSCO HOOD People wait in line for t-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an IPO earlier in the day on July 29, 2021 in New York City. Spencer Platt | Getty Images Check out the companies making
During the week ending August 16th, Manhattan saw 282 listings added to its real estate roster, while 302 contracts were signed, almost 100 more than the historical average (see chart courtesy of UrbanDigs below). This suggests the residential real estate version of an inverted yield curve, and it has been happening week after week for
This is an excerpt from CNBC Make It’s weekly newsletter. Subscribe here. Sorry to be the bearer of bad news. But if you’re currently renting your place, you might see the price tick up when it’s time to renew your lease. In fact, rent is forecast to be even higher this year than it would have
Investors digested three mammoth deals of $1 billion or more in the primary market on a heavy day of issuance as municipals remained unchanged, Treasuries were mostly steady, and more than $2.5 billion flowed into long-term municipal bonds. The primary market activity was brisk Tuesday as all eyes turned to the Federal Open Market Committee’s
The Taliban is rushing to work out how to govern Afghanistan after the militant Islamist group’s exiled leaders came back to a country that has changed profoundly since it was driven from power 20 years ago. While the Taliban has been setting up shadow governors and administrators to rule its conquered territory, the US has
In this episode of let’s talk stocks, we are going to go back into the basics of technical analysis, and we’ll talk about the ascending triangle pattern, which is a continuation pattern. We’re going to take a look at what the pattern looks like, its previous trend, volume, projection, entry points and finally, I’ll give
As interest rates rise, investors should avoid high dividend ETFs and instead focus on dividend growth ETFs (DGRO, DGRW). IShares Core Dividend Growth ETF: https://www.zacks.com/funds/etf/DGRO/profile?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
The football ecosystem has stepped up its adoption game as more clubs continue to involve crypto in mainstream operations. Netherland-based top tier football club PSV Eindhoven has partnered with a local crypto trading platform, Anycoin Direct, which will pay the club an undisclosed amount of Bitcoin (BTC) in a new sponsorship deal. According to the
Fitch Ratings has upgraded Sacramento, California’s issuer default rating to AA from AA-minus. The outlook is stable. Monday’s upgrade “reflects the city’s steady improvements in financial resilience based on incremental gains in reserves. Sacramento’s underlying economic growth coupled with a voter-approved sales tax, which has been permanently renewed, have fueled the increase in reserves,” Fitch
Spire CEO Peter Platzer rings the opening bell of the New York Stock Exchange (NYSE) during their listing in Manhattan, New York City, U.S., August 17, 2021. Andrew Kelly | Reuters Small satellite builder and data specialist Spire Global began trading on the New York Stock Exchange on Tuesday, becoming the latest space company to