Most members of the House Municipal Finance Caucus appear to have won re-election in Tuesday’s tight midterm elections, while key advocates of state and local tax reform will be exiting the stage next year. As results continued to trickle in Friday, Republicans were on track to gain a narrow majority in the House and Democrats
Up until the start of this week, Bitcoin (BTC) had been demonstrating record-low volatility, and this gave altcoins enough latitude to paint some nice technical setups. At the same time, on-chain data and technical analysis were beginning to suggest that BTC was midway through carving out a bottom, and many analysts believed that brighter days
This video provides a basic introduction to the notion of valuation ratios — simple guides that attempt to provide a yardstick by which to compare the value of companies. The video also introduces the Price/Earnings ratio (P/E ratio), probably the most well known valuation ratio. Explore the opportunities for unlimited commission-free investing in Stocks &
Despite being underpinned by blockchain technology that promises security, immutability, and complete transparency, many cryptocurrencies like Bitcoin SV (BSV), Litecoin (LTC) and Ethereum Classic (ETC) have been subject to 51% attacks several times in the past. While there are many mechanisms by which malicious entities can and have exploited blockchains, a 51% attack, or a
In this article DOCS LZ IMAX RL DUOL COIN AMZN GM WYNN MCK VRTX HUM ELV CI NFLX BZH WBA Follow your favorite stocksCREATE FREE ACCOUNT A Walgreens store is seen on August 07, 2019 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Doximity — The online
While your home should reflect your personal style, it may also reflect the current trends. However, according to interior designer and star of HGTV’s Unfinished Business, Shay Holland, trends shouldn’t be the dominating influence over your home’s aesthetic. “Trends are a great way to glean inspiration and information; not to dictate your home’s design,” she
It looks more like a project at NASA than a home construction site. Just outside Austin, Texas, massive machines are squeezing out 100 three- and four-bedroom homes, in the first major housing development to be 3D-printed on site. One of the nation’s largest homebuilders, Lennar, is partnering with ICON, a 3D printing company, to develop
Chicago could win an upgrade into the single-A category if its new pension funding policy remains on track, S&P Global Ratings said in shifting the city’s general obligation outlook to positive from stable. S&P revised the outlook on the city’s BBB-plus general obligation rating Thursday, the same day Kroll Bond Rating Agency lifted the outlook
FTX is investigating abnormal transactions as analysts said hundreds of millions of dollars worth of assets had been withdrawn, in the latest blow for Sam Bankman-Fried’s crypto empire following its collapse into bankruptcy. The potential hack is the latest blow for FTX, the cryptocurrency empire formerly controlled by 30-year-old entrepreneur Sam Bankman-Fried and until recently valued
Chester, Pennsylvania, has filed for Chapter 9 bankruptcy. The petition was filed Thursday in the United States Bankruptcy Court for the Eastern District of Pennsylvania. In its Chapter 9 filing, the city’s receiver listed estimated liabilities of between $100 million and $500 million with assets of between $10 million and $50 million. The city has
Each month many economic indicators are released containing data that can help inform your view of the economy. In this video, we run through five pieces of information to bear in mind when checking the release of economic news. Test and practice your investment strategies in real market conditions with virtual money. Learn to trade
The embattled crypto exchange FTX has informed the public that the FTX parent firm West Realm Shires Services, Alameda Research, and approximately 130 additional affiliated companies have filed for Chapter 11 bankruptcy protection in Delaware. FTX’s Parent Company, Alameda Research, and 130 Associated Firms Voluntarily Commence Bankruptcy Proceedings After days of confusion and speculation, the
In this article ARKK Follow your favorite stocksCREATE FREE ACCOUNT Catherine Wood, chief executive officer of ARK Investment Management LLC, participates in a panel discussion during the Milken Institute Global Conference in Beverly Hills, California, May 2, 2022. Lauren Justice | Bloomberg | Getty Images Cathie Wood’s flagship ARK Innovation ETF staged a dramatic relief rally Thursday
In this article WBA LVS INTC DOCS USB WYNN Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Walgreens (WBA) – The pharmacy chain operator’s stock added 1.5% in the premarket after Deutsche Bank upgraded the stock to buy from hold. Following a recent meeting with management, the firm
The annual supply rate of Ether (ETH) slipped below zero for the first time since Ethereum’s transition to proof-of-stake via the Merge in September. The reason? A spike in on-chain activity amid a massive cryptocurrency market crash. Ether turns deflationary for real As of Nov. 9, more Ether tokens are being burned than created as a
Americans disagree on many social issues, but one we’re strongly united on is appreciation for our fellow countrymen and women who have served in our nation’s military – especially today, Veteran’s Day. It’s likely that the greatest expression of gratitude our nation has ever given to those who have worn the uniform is the Servicemen’s
Mortgage rates fell sharply Thursday after a government report showed that inflation had cooled in October, prompting a decline in bond yields. The average rate on the 30-year fixed plunged 60 basis points from 7.22% to 6.62%, according to Mortgage News Daily. That matches the record drop at the start of the Covid 19 pandemic.
On the heels of her election, New York Gov. Kathy Hochul returns to Albany to face the stiffest resistance yet to her $8 billion plan to redevelop Manhattan’s Penn Station, as a recently filed lawsuit seeks to halt the project before it breaks ground. The lawsuit, filed in New York Supreme Court late last month
Global regulators are closing in on embattled crypto exchange FTX as fallout spreads in digital asset markets and founder Sam Bankman-Fried pursues a last-ditch effort to raise up to $8bn in fresh funds. Authorities in Japan, Australia and the Bahamas, where FTX is based, have all taken actions as worries mount that customers in one
Municipals rallied hard Thursday with the greatest gains seen out long after a lower-than-expected consumer price index report showed inflation is cooling, boosting all markets. U.S. Treasuries rallied out of the gates seeing yields close the session up to 31 basis points lower on the short end of the curve, while equities made massive gains,
In April 2022, the Tron network launched USDD, a token pegged to the United States dollar as an “over-collateralized stablecoin,” meaning its likelihood of slipping below $1 should be lower due to excessive reserves backing its valuation. USDD stablecoin slips below $1 peg But it was not enough to keep USDD’s price anchored to $1 on
Cryptocurrencies extended their slide for a second day Wednesday as the market absorbed the potential collapse of popular crypto exchange FTX. Prices were pressured to start the day and plunged by late afternoon as Binance, the largest global exchange by volume, abandoned plans to acquire Sam Bankman-Fried’s FTX after a due diligence exam and recent
In this article BROS RIVN SIX WE 9866-HK TPR Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Tapestry (TPR) – The company behind the Coach and Kate Spade brands beat top and bottom line estimates for its latest quarter, but cut its full-year forecast for the impact of
Bitcoin (BTC) and crypto markets saw fresh volatility on Nov. 10 after stablecoin Tether (USDT) unpegged from the U.S. dollar. USDT/USD 1-day candle chart (Binance U.S.). Source: TradingView Tether exec: “No issues” with USDT Data from Cointelegraph Markets Pro and TradingView showed USDT hitting lows of $0.971 on Bitstamp on the day amid fears that
Moltrasio has long been a popular destination on the western shore of Lake Como, in the Lombardy region of northern Italy. The mountain and lakeside town, made up of multiple villages, is known for its luxurious villas, historic churches and mild, sunny weather. Among notables to frequent the area over the centuries have been Napoleon
Ridofranz | Istock | Getty Images We adamantly want to age in place, say experts. A recent AARP report shows that 85% of respondents 65 or older wish to stay in their current residences as long as possible. Retirement-focused financial advisors can help with both the financial and non-financial preparations to do so. “We’re often
Democrats Erick Russell and James Diossa won open-seat campaigns for the state treasurer’s offices in Connecticut and Rhode Island. Russell will replace Connecticut State Treasurer Shawn Wooden, who didn’t seek re-election, and Diossa will replace Rhode Island General Treasurer Seth Magaziner, who ran for and won a seat in the U.S. House of Representatives. Russell,
FTX is on the brink of collapse as chief Sam Bankman-Fried races to secure billions of dollars to salvage his empire after Binance ditched an eleventh-hour rescue of one of the world’s biggest crypto exchanges. Venture capital firm Sequoia Capital said it would mark down its $214mn investment in FTX to zero after a run
Municipals were firmer 10 years and in Wednesday while another week of mutual fund outflows clocked in at $3.8 billion. U.S. Treasuries closed out the session better while equities sold off on weaker earnings. The focus shifted from midterm election results to Thursday’s monthly consumer price index report. “U.S. stocks declined as the midterm election
If you’re looking to invest your money, such as your investment capital and you want some exposure to the stock market in hopes of your money appreciating but you’re a little more hands-off – you might have been looking at mutual funds. I want to explain the differences between Mutual Funds, Index Funds, and ETFs