The failure by the US to bring Covid-19 cases under control is scrambling business expectations of a rapid economic revival, forcing companies to reset plans and revise forecasts as they also grapple with a new federal vaccine mandate. Revenues have fallen at a quarter of US small businesses in each of the past three weeks
Bitcoin (BTC) miners officially produced their 700,000th block on Sept. 11, marking a major milestone for a network whose detractors claim it has died 428 times since 2009. It took Bitcoin less than two years to produce 100,000 more blocks after reaching the 600,000 milestone on Oct. 18, 2019. At the time of the last
In today’s episode of let’s talk stocks, we are going to go back into some technical analysis basics and we’ll talk about the triple bottom stock chart pattern, which is a reversal pattern. In this episode, we will cover what the pattern looks like, its previous trend and volume, as well as some projections, entry points
Is now the time to invest in banking stocks after the recent Fed stress test?
VanEck launched a municipal exchange-traded fund with a sustainability designation, the first ETF of its kind in the municipal space. The VanEck HIP Sustainable Municipal fund, SMI ticker, introduced Friday, is an actively managed fund focusing on investment-grade state and local government debt that funds projects promoting sustainable development, including affordable housing, green spaces and
Maskot | Maskot | Getty Images Company: Vonage Holdings Corp. (VG) Business: Vonage is a collection of three main businesses: (i) the legacy consumer VOIP business; (ii) Application Programing Interface (API) business, which helps companies communicate to their customers through text messaging and (iii) Cloud-based Enterprise Communication as a Service business (CaaS). Stock Market Value:
Investors are paying close attention to any reading on inflation these days, and the consumer price index will be the big one to watch in the coming week. The latest snapshot of the economy comes just a week before the Federal Reserve’s important September meeting. At that meeting, the Fed is expected to discuss more
When it comes to Southern California luxury homes, the Ellen DeGeneres touch is akin to that of the mythological King Midas. Except instead of gold, every house the longtime talk-show host and her wife Portia De Rossi touch turns into a gem. The serial home-flippers’ latest real estate purchase, however, is already a jewel in
courtneyk | E+ | Getty Images The end of eviction protections combined with the snail-paced distribution of federal rental assistance means that the struggles for renters aren’t going away anytime soon. More than 6 million households remain behind on rent payments, a figure that has only worsened of late, despite an unprecedented allocation of funding
Municipal bonds were little changed, ignoring another reversal in U.S. Treasuries on Friday ahead of a larger-than-average $10 billion-plus calendar led by California, Texas and New York issuers. Triple-A benchmarks were unmoved again Friday while the 10-year UST rose four basis points and the 30-year four. As such, ratios fell slightly with the 10-year muni-to-Treasury
The US judge presiding over Epic Games’ high-profile antitrust case against Apple declined to give either side a full victory. Kate Adams, Apple’s chief counsel, called the verdict “a huge win”, pointing to the court’s ruling that “Apple is not a monopolist under ‘either federal or state antitrust laws’”. However, the iPhone maker is being
Bitcoin’s recent plunge does not seem to have shaken the investors and data shows that exchange reserves were down to 2.399 million (BTC), which is close to the May all-time low at 2.390 million Bitcoin. Ki Young Ju, CEO of on-chain analytics platform CryptoQuant, said this could result in a “sell-side liquidity crisis on Bitcoin.” Although
Universal Air Travel Plan (UATP) is bringing more than 300 airline members and travel merchants cryptocurrency payment options. Airlines in the UATP network include Air Canada, Air China, Delta, Frontier, Japan Airlines, Jetblue, Qantas, Southwest, and United. UATP Gets Into Crypto UATP is an airline-owned global payment network accepted by thousands of merchants worldwide for
Todd Bunton, CFA, Growth & Income Stock Strategist at Zacks Investment Research, discusses in this article, http://www.zacks.com/stock/news/180276/this-weeks-growth-amp-income-stock-lyondellbasell-lyb, a stock that might be worth a closer look by investors: LyondellBasell (LYB). This plastics, chemicals and refining company recently delivered a big positive earnings surprise as profit margins expanded rapidly for its products. This prompted analysts to
First of two parts Visceral memories of the Sept. 11 terrorist attacks on the World Trade Center in New York City — and more positively, the response from the capital markets — linger 20 years later. The anniversary comes as the city is trying to emerge from a newer crisis, the COVID-19 pandemic. Meanwhile, generational
The pandemic has put hundreds of thousands of businesses out of action, saw others fold and decimated great swathes of the economy. But, crypto thrived in this distributed environment. As the world clamped down and everyone was forced to decentralize, the crypto world shone. Perhaps crypto, born of a crisis, is most at home in
In this article MA The MasterCard logo on a smartphone arranged in Saint Thomas, Virgin Islands. Gabby Jones | Bloomberg | Getty Images Mastercard has agreed to acquire blockchain analytics start-up CipherTrace, in the latest sign of how major companies are warming to cryptocurrencies. The payments giant said Thursday it entered into an agreement to
On the floor, a trader comforts another during a moment of silence on September 17, 2001. David L Ryan | Boston Globe | Getty Images As we reflect on the 20th anniversary of 9/11 and on the friends and family no longer with us, it’s important to remember that disaster was followed by one of
In this article WFC BHC-CA ENDP AFRM 7203.T-JP NLSN Check out the companies making headlines before the bell: Affirm Holdings (AFRM) – Affirm soared 22.4% in the premarket as the “buy now, pay later” company’s revenue easily topped estimates. Active merchant numbers more than quintupled and Affirm issued a positive outlook as well. Toyota Motor
The hottest thing in residential development is built-for-rent single-family communities (BFR), and billions of investment dollars are lined up to serve the growing need. Investors seeking yield are having difficulty finding enough built homes to buy, so they are shifting more attention to “ground-up” development of brand-new rental single-family neighborhoods. The land-rush is intense. Land