SeventyFour | iStock | Getty Images Company: SLM Corp. (SLM) Business: SLM originates and services private education loans to students and their families to finance the cost of their education in the United States. It also offers retail deposit accounts, including certificates of deposit, money market deposit accounts, and high-yield savings accounts. In addition, it
Traders on the floor of the NYSE, Feb. 24, 2022. Source: NYSE March’s employment report is coming up in the week ahead, but developments in Ukraine, the price of oil and an inflation report are likely to steer the market. Stocks notched gains for the week, while interest rates ripped higher and oil prices jumped.
Filling multiple needs within the cryptocurrency community is one way a project can set itself apart from the competition and new attract users and liquidity to its ecosystem. Loopring aims to do exactly this by aiming to offer a EVM-based solution with low fees where DeFi and NFT developers and investors can transact. The layer-two
A-list actor Leonardo DiCaprio has found a buyer for a property in the Los Feliz Oaks neighborhood of Los Angeles, records show. The 1926 Tudor-style home, which hit the market last year for $5.75 million, recently sold to famed musician Miguel for $4.9 million. The purchase continues the property’s long line of celebrity homeowners. Prior
A home with a sign indicating that it is under contract to be sold is seen in a neighborhood of downtown Washington. Jim Bourg | Reuters In a grim sign for the housing market’s busiest season, pending home sales, which measure signed contracts on existing homes, fell 4.1% in February compared with January, according to the
The Puerto Rico Oversight Board conditionally approved renewable energy agreements that are projected to save the Puerto Rico Electric Power Authority millions and expand its reliance on renewables. On Friday the Puerto Rico Oversight Board said it conditionally approved 18 power purchase and operating agreements between the Puerto Rico Electric Power Authority and 15 companies
Municipal yields rose Friday to close out a rough week, with the short end of the curve again seeing the brunt of the damage, with double-digit cuts to triple-A scales. U.S. Treasuries yields rose another 14-15 basis points on the short end, while equities ended mixed. Munis saw up to 12 basis point cuts on
Investing in any financial asset can be a tricky exercise, but this is especially true for the fast-paced cryptocurrency market, which comes with its own unique set of pitfalls and challenges. A popular saying dictates that it takes 10,000 hours to master a skill and become an expert. In cryptoland time, this is measured in
In this article GME NurPhoto | NurPhoto | Getty Images GameStop chairman Ryan Cohen just bought another 100,000 shares of the video game retailer on Tuesday, bringing his ownership to 11.9% as the activist investor tries to push the company into e-commerce. The meme stock jumped as high as about 20% in after-hours trading Tuesday
In this article DIDI PDD 9618-HK BABA FTNT HNST TEVA-IL JOBY 9866-HK BBBY A person enters a Bed Bath & Beyond store in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in midday trading Friday. Bed Bath & Beyond – Shares of the home
Every month, there are thousands of searches in Google for terms related to: “Is there a housing bubble?” Clearly, it’s a question on many people’s minds. For this to be a bubble, it’s not just about high prices; investment needs to be driving demand way beyond where it should be. So, is there a real
The rate for the most common kind of mortgage just surged again. The average rate on the 30-year fixed mortgage shot significantly higher Friday, rising 24 basis points to 4.95%, according to Mortgage News Daily. It is now 164 basis points higher than it was one year ago. “That’s the second time this week, and
This week Bitcoin (BTC) and select altcoins broke above their immediate resistance levels and moved higher, which propelled the total crypto market capitalization above $2 trillion on March 24. One of the triggers that could have driven crypto prices higher was BlackRock CEO Larry Fink’s letter to shareholders where he said that the Russia-Ukraine conflict
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Illinois in on track to put $2.7 billion of its American Rescue Plan Act relief toward paying down a $4.5 billion federal loan needed to cover the COVID-19-induced spike in unemployment claims. Bonds, unemployment insurance premiums and benefit cuts are the subjects of negotiations with business and labor about how to cover the balance. Senate
Municipals were hit hard Thursday with up to nine basis point cuts on the short end, but the damage was felt across the curve. U.S. Treasury yields rose while equities rallied in another see-saw day for markets. Trading was weaker out of the gates, with large blocks of high-grades changing hands at higher yields. Long
In this article BLK Larry Fink David Orrell | CNBC Russia’s invasion of Ukraine could accelerate the adoption of digital currencies by central banks, according to BlackRock’s Larry Fink. The CEO of the $10 trillion-asset money manager called it one of the “less discussed” outcomes of the war, which began one month ago, in his
Gas prices hit over $6 dollars per gallon at a petrol station in Los Angeles, California on February 23, 2022. Frederic J. Brown | AFP | Getty Images Gasoline prices have been fluctuating but are likely to keep moving sporadically higher, and more drivers could pay over $5 and even $6 a gallon for unleaded
Ether (ETH) bulls have a few good reasons to celebrate the 20% gain between March 14 and March 24. The price increase surprised many and led to the first daily close above $3,000 in 34 days. Even with this move, Friday’s $2.4 billion Ether options expiry is somewhat uncertain because bears can easily profit by
It would be inaccurate to call young interior designer and entrepreneur Francesca Grace “up and coming” after her television debut in March 2022 on HGTV’s Fix My Flip. She has officially arrived. You may not have heard her name yet, but reality television fans will recognize Grace’s work from Bravo’s Real Housewives of Beverly Hills.