The Puerto Rico Oversight Board reiterated its position on pension cuts in the Plan of Adjustment Friday, the biggest source of tension it has with the local government, but was unclear on how willing it was to accommodate the government’s demands. Puerto Rico Gov. Pedro Pierluisi and many of the legislators have called for zero
When Antony Blinken came to Paris on June 25, French leaders told the US secretary of state that France attached the “utmost importance” to its strategic submarine deal with Australia — a deal now sunk by the new Aukus pact, according to senior French officials. Jean-Yves Le Drian, France’s foreign minister, also stressed that he
Something is brewing, and those with finely tuned noses can smell it. As traders have come to expect, Bitcoin (BTC) is doing “Bitcoin things” by bouncing around between the usual “key” support and resistance levels, and to be honest, it’s all starting to feel a bit boomerish. Bitcoin’s long-awaited “moon” depended on institutional investor buy-in,
Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the decentralized stablecoin DAI’s market capitalization has also swelled significantly as DAI’s market valuation jumped more than 800% during the last 12 months, increasing from $696
6 Primary Risks in the Stock Market: 1 – Trade Risk: What you put on the trade 2 – Market Risk: What can happen in the market 3 – Margin Risk: If you are borrowing money on margin. 4 – Liquidity Risk: stocks that you can not get out of quickly 5 – Overnight Risk:
Why Silver ETFs are Outshining Gold.
Municipals were a touch softer Friday as U.S. Treasuries rose and equities sold off as global concerns over China and COVID were heightened and participants prepared for the FOMC meeting and potential for tapering next week. Triple-A benchmark yields rose a basis point beginning in 2028 while UST were off another three to four on
American CryptoFed DAO, a Wyoming-based decentralized autonomous organization, has filed two forms with the United States Securities and Exchange Commission, or SEC, to launch two variants of inter-dependent stablecoins named Locke and Ducat. According to CryptoFed’s Form 10 submission, the tokens are awaiting their registration as utility tokens hosted on the in-house CryptoFed blockchain. However,
[This webcast is scheduled to begin at 5 p.m. EDT. Please refresh the page if you do not see the video player above.] SpaceX is broadcasting a livestream from orbit on Friday, with the crew of the historic Inspiration4 mission giving an update during their second day in space. Commander Jared Isaacman, pilot Sian Proctor,
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Thursday, July 15, 2021. Bloomberg | Bloomberg | Getty Images The Federal Reserve’s much-anticipated meeting in the coming week may not be quite as exciting for markets as some investors had been expecting in the
When shopping for a new home, some people get excited about a giant walk-in closet with built-in shelving; Others daydream about a private outdoor space with panoramic views. But what you think sells a home is different from what actually sells a home. The room that tends to make the biggest impact and tip homebuyers
Brick-and-mortar real estate may seem like the only tangible thing left in an increasingly virtual world, but it too is being taken over by artificial intelligence. Some of the biggest names in the business, such as Compass, Zillow and LoanSnap, are now employing AI to help find buyers the perfect mortgage and the perfect home.
The Louisiana State Bond Commission this week approved the sale of $50 million in revenue bonds to help the Calcasieu Parish School Board resume work on those schools damaged last year by two hurricanes. Construction has been halted because of delays in reimbursement from the Federal Emergency Management Agency. “A year after two devastating hurricanes,
France has recalled its ambassadors from Washington and Canberra for consultations, in a diplomatic protest against a new security pact under which Australia will buy nuclear-powered submarines from the US and cancel its existing contract with Paris. Jean-Yves Le Drian, French foreign minister, issued a statement on Friday night saying he had been told to
Bitcoin’s (BTC) recovery is facing stiff resistance near $48,500, indicating that bears are active at higher levels. By combining the popular stock-to-flow Bitcoin price model and the illiquid supply data, analyst William Clemente projects $39,000 to act as a strong floor on any declines. On the upside, analysts remain bullish. Bloomberg Intelligence chief analyst Mike
Many people don’t understand that you can actually sell option contracts without having the stock, or without owning the other option side of the trade. Selling options is more popular among professionals than buying option contracts. That is because when you sell option contracts, you can allow the time decay to work in your favor.
You will need to move fast on a market correction because I have no doubt that the dip will be bought quickly
RBC Capital Markets LLC and two of its municipal market officials have agreed to pay more than $800,000 to settle Securities and Exchange Commission charges that they improperly allocated new issue bonds, the latest development in a three-year SEC investigation into muni bond flipping. The SEC announced the action Friday, and all three defendants neither
In this article GSBD David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs is acquiring digital lender GreenSky for $2.24 billion as the investment bank pushes further into consumer finance. The all-stock deal for GreenSky, called the biggest fintech platform for home improvement loans in a release announcing the transaction, is
In this article UNM ACCD 788-FF TTWO IVZ MANU Check out the companies making headlines before the bell: Manchester United (MANU) – The soccer team operator reported a quarterly loss that was 5.9% narower than what it lost a year ago amid a 15.9% increase in revenue. Manchester United is not providing full-year revenue or