A raft of weak Chinese economic data in May has raised hopes of decisive policy intervention. Market watchers are anticipating the next steps from China’s State Council and a Politburo meeting in July, during which the Communist Party’s top brass will review the country’s economic performance in the first half of the year. related investing
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The Hinman documents were finally unsealed and made publicly available on June 12 after a lengthy back and forth between Ripple and the United States Securities and Exchange Commission (SEC), but what exactly do they reveal? The documents are extensive, and while they can be found in public resources like the Public Access to Court
Moody’s Investors Service put the Guam Power Authority revenue bonds’ Baa2 rating on review for a possible downgrade following damage from Typhoon Mawar that hit the territory in late May. Moody’s on Wednesday said the downgrade review stemmed from Mawar’s damage to the territory and “to a lesser extent to GPA’s infrastructure,” said William Oh,
Federal Reserve Bank of Atlanta President Raphael Bostic disclosed having made prohibited personal trades last year. Bostic said his account managers executed nine sales and 10 purchases on his behalf on May 2, 2022, one day before the Federal Open Market Committee was set to meet. Fed officials are prohibited from engaging in trades for
Boris Johnson, Britain’s former prime minister, has been condemned for lying to parliament over the Covid “partygate” scandal, in a damning report that casts doubt on whether he can ever stage a political comeback. The report by a cross-party committee of MPs published on Thursday is a searing indictment of Johnson’s conduct in high office,
While intuitively, mining Bitcoin may appear like a highly profitable endeavor, research suggests otherwise. After discovering Bitcoin, most users go down the rabbit hole and consider whether it is better to mine or buy Bitcoin directly. They usually give up due to the cost and rigor of running ASIC miners, regulatory uncertainty, and the lack
In this article DPZ TGT SOFI WLY COIN Follow your favorite stocksCREATE FREE ACCOUNT CAVA, at the NYSE during IPO June 14, 2023 Source: NYSE Check out the companies making the biggest moves midday: Cava Group — Shares soared 91% in midday trading during its first day as a public company. Cava Group priced its
Suppose that you sue (or threaten to sue) your landlord and are about to collect a settlement. But someone mentions taxes, so you want to confirm, you won’t pay taxes on this, right? Wrong. In fact, if you use a contingent fee lawyer like most tenants do, you might end up paying taxes not only
Ethan Miller | Getty Images News | Getty Images Mortgage rates are likely to remain high despite the Federal Reserve’s pause on interest rate hikes. While that may be good sign for fixed-income funds in California, the pause is a blow to affordable housing in the state, said Fiona Ma, California state treasurer, during the
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Move-to-earn platform Sweat Economy is set to repurpose over 2 billion native $SWEAT tokens that were locked up in inactive user wallets. The tokens, valued at around $10 billion, were locked up in dormant user accounts following a token airdrop event in Sep. 2022. According to the platform, Sweatcoin users that opted into the Web3
The price of BNB (BNB) is up around 3% today, in part due to bearish traders opening more BNB-tied contracts despite suffering losses via liquidations in the past 24 hours. In addition, BNB stands extremely “oversold,” which may have prompted traders to buy the dip. BNB price bounces after being “oversold” On June 14, BNB
Boris Johnson will be found to have committed “multiple” contempts of parliament in a report by MPs into his conduct as prime minister during the partygate scandal, according to people close to the inquiry. The House of Commons privileges committee is set to publish its long-awaited report about Johnson on Thursday morning following a 14-month
In this article MAXN LI PLAY SOFI FOUR Follow your favorite stocksCREATE FREE ACCOUNT A man walks by a panel with the logo of Logitech on the campus of the Swiss Federal Institute of Technology of Lausanne in Lausanne, Switzerland, Nov. 27, 2019. Fabrice Coffrini | AFP | Getty Images Check out the companies making
After a small dip in the winter months, the luxury real estate market in Arizona’s Valley of the Sun is rising again. According to data provided by Scottsdale-based brokerage RETSY, the number of homes sold in Paradise Valley—Arizona’s wealthiest community—has surpassed that of all of last year, with the average sales price reaching $3.69 million
After more than a year of steady rate hikes, the Federal Reserve held its target federal funds rate steady Wednesday. For households, however, that offers little relief from record-high borrowing costs. “It’s not like rates will go down,” said Tomas Philipson, University of Chicago economist and a former chair of the White House Council of Economic
The United States equities markets rose after the consumer price index print on June 13 came in below expectations but Bitcoin (BTC) and the altcoins failed to recover. This suggests that cryptocurrency traders are focused on crypto-specific issues and are not buying on favorable macroeconomic news. However, there is a ray of hope for the
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