Modern litigation entitles either party in a dispute to require the other party to dig through its files and computer records and hand over all sorts of documents and other information that could be “relevant” to the litigation. This process, called “discovery” or sometimes “disclosure,” often requires more work and creates more visits to the
Laguna Niguel, California May 11, 2022- Firefighters battle a brush fire at Coronado Pointe in Laguna Niguel Wednesday. Wally Skalij | Los Angeles Times | Getty Images Raging New Mexico and California wildfires may offer an ominous outlook for a growing swath of America, and not just in the West. Wildfire risk is increasing, likely
Binance’s Changpeng Zhao (CZ) has said the exchange supports the proposal to compensate retail LUNA users ahead of larger investors. He also said the LUNA tokens received by Binance in exchange for a $3 million investment in Terra have not been sold or moved. Binance’s LUNA Tokens Not Sold After his exchange faced criticism for
Federal Reserve Bank of Cleveland President Loretta Mester backed raising interest rates by half percentage points at the central bank’s next two policy meetings in order to tamp down surging inflation. “Unless there are some big surprises, I expect it to be appropriate to raise the policy rate another 50 basis points at each of
China’s economic activity contracted sharply in April as a wave of lockdowns across the country posed the most significant challenge to its growth prospects since Covid-19 emerged over two years ago. Retail sales, the country’s main gauge of consumer activity which had already entered contraction in March, slumped 11.1 per cent year on year, compared
As gas prices hit a fresh record high Friday, some analysts wonder when they will begin to impact the credit quality of transportation assets, like toll roads and airlines. Not now, S&P Global Ratings said in a report, but that could change if high prices stick around. “From a historical perspective, volatile fuel prices have
Changpeng “CZ” Zhao, the CEO of crypto exchange Binance, recently questioned the idea of hard forking the Terra blockchain as a means to revive the once-thriving LUNA and UST ecosystems. Following up on the same, CZ revealed his perspective on the appropriate course of action for falling projects across the crypto community. “This won’t work,”
Today’s trading strategy video is not one for the faint-hearted. False breakouts are one of those setups that require skill to identify and even more skill to trade successfully. Luckily we have an experienced trader like David Jones with us to pinpoint the factors that make the difference between winning and losing using this aggressive
In this article ZI COST CI COUR GDOT Megan Leonhardt | CNBC Friday’s rally gave investors a bit of respite from the latest bout of stock market tumult, but more volatility is likely ahead. It doesn’t help that inflation continues to bite, and the Federal Reserve’s move to raise rates has created further uncertainty. Wall
In this article TWTR AFRM HOOD Traders work on the floor of the New York Stock Exchange. NYSE Check out the companies making headlines in midday trading. Twitter — Shares of the social media platform slid 8% after Elon Musk said his take-private deal is on hold until he receives more information about how many fake accounts
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Dominik Schiener, a co-founder of the Iota Foundation, a nonprofit organization, and the creator of the Tangle, a permissionless,
So, you found the perfect home (nice!) and you put in an offer (very nice!) and your offer was accepted (SUPER nice!)… now it’s time to have your new purchase inspected. Buyers pay for inspections in order to do their due diligence and ensure that the home is in good shape before completing the purchase.
President Donald Trump looks on during a campaign rally in Battle Creek, Michigan. Leah Millis | Reuters A New York judge said Wednesday that he would lift a contempt of court finding against former President Donald Trump by next week if Trump’s legal team provides more information about a search for documents sought by the
Illinois’ rosier near-term fiscal landscape and state bond rating momentum helped lift the ratings of public transit agencies and the state’s public universities and more than $5 billion of rated debt. Earlier this month, Moody’s Investors Service upgraded the Illinois Regional Transportation Authority’s $1.7 billion of general obligation bonds to Aa3 from A1 due
UniCredit and Citigroup are exploring asset swaps with Russian financial institutions as western banks exiting the country scramble to avoid hefty writedowns on their operations, according to people with knowledge of their plans. The banks are among a small number of western lenders with a significant presence in Russia. Moscow’s invasion of Ukraine and the
California Gov. Gavin Newsom rolled out an $18 billion inflation-relief package during his May budget revision that included $400 rebates to car owners as well as expanded rental assistance and help covering past-due utility bills. The state budget boasts a $97.5 billion surplus, according to the governor’s estimates, but lawmakers also face spending restrictions from
Just so you can see when the market is open, and just some other things that go on and happen throughout the day within the markets. What I’ve done over here is just write down the few notes throughout the trading day and trading session. All about Time Frames These are just guidelines in terms
In this article CVNA A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of online used car retailer Carvana surged Thursday amid a wild trading session in which several heavily-shorted stocks popped. The stock was up about 23% around 11:50 a.m. ET. Trading was halted
In this article HD .SPX A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, May 5, 2022. Andrew Kelly | Reuters Investors could get a reprieve in the week ahead from the vicious selling cycle that has gripped the stock market since late March. Stocks bounced off
Gone are the days of the humble log cabin, or so you’d think walking through this more than 11,000-square-foot getaway perched on the slopes of Arrowhead Mountain. Newly listed at $17.495 million, the seven-bedroom, eight-bathroom home features luxury amenities not often found in your average log cabin-style design, including a wine room, movie theater and
Marc & Tiffany Angeles An over-the-top modern mansion in Bel Air was listed for $87.8 million for an auction this week. But the highest bid came in just under $45.8 million, according to the home’s seller, dermatologist-turned-developer Alex Khadavi. “Horrible, Horrible, Horrible!” was how Khadavi characterized the auction results to CNBC. He filed for Chapter
The world of decentralized finance (DeFi) is gradually expanding to encompass a significant share of the global financial lending space by virtue of the inherently trustless manner of operation and the ease of accessing capital. As the crypto ecosystem has grown to a $2-trillion industry by market capitalization, new products and offerings have emerged thanks
A reversal of U.S. Treasuries added more selling pressure on municipals Friday with another day of cheaper trading in the secondary leading to cuts in triple-A scales after a week of underperformance to taxables that pushed ratios firmly above 100% out long. Municipal triple-A benchmark yields rose up to five basis points in another rough
Elon Musk on Friday tweeted that he had put his $44bn deal to take Twitter private “temporarily on hold” pending details supporting the calculation that spam and fake accounts represented fewer than 5 per cent of users. Musk posted his remarks on the microblogging site with a report from the Reuters news agency about the
New York City got some good news just as it prepares to come to market with more than $1 billion of general obligation bonds next week. Fitch Ratings revised the outlook on the city’s AA-minus rated GOs to positive from stable citing improved revenue performance as the city sees a recovery from the COVID-19 pandemic.
Cardano (ADA) pared a big portion of the weekly losses incurred during this week’s crypto market rout. ADA’s price reached an intraday high of $0.60 on May 13, a day after rebounding from its week-to-date low of $0.38 — a 58% rally. The huge upside retracement appeared in the wake of similar price action in the
Ethereum co-founder Vitalik Buterin has donated $4 million worth of USD Coin (USDC) to the University of New South Wales (UNSW) to support the development of a pandemic detection tool. The capital, which equates to roughly $5.3 million Aussie dollars, is part of Buterin’s self-described “moonshot anti-COVID effort” dubbed Balvi Filantropic Fund in partnership with
Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Robinhood shares jumped 26% on Friday, a day after the CEO of a major crypto exchange took a
In this article TWTR AFRM HOOD TOST MSTR Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter tumbled 14.6% in premarket trading after Elon Musk tweeted that his deal to buy the company was “temporarily” on hold, as he awaits details on the number of fake and spam accounts on the
Albi, set on the Tarn River in the south of France, has many claims to fame. The Episcopal city boasts the Cathedral Basilica of Saint Cecilia with its fortress-like brick exterior and lavish interiors. The consistent French Gothic architecture earned the cathedral, built over 200 years from the 13th and 15th centuries, a UNESCO World