In this article CSGP JLL UMH HHC Americans who are short on cash to make rent may need to face an uncomfortable reality: Conditions will likely get worse before they get better. U.S. housing supply fell to the lowest levels observed in over 20 years, according to the National Association of Realtors. That’s dramatically pushing
On April 6, one of the largest cryptocurrency payment platforms in the world, Bitpay, announced the Atlanta-based company has integrated bitcoin payments via the Lightning Network. According to the announcement on Wednesday, the youth-focused American retail clothing brand Pacific Sunwear (Pacsun) will be the first merchant to leverage Bitpay to accept Lightning Network payments. Payment
The ratings of Providence, a not-for-profit healthcare system, were downgraded to A1 from Aa3 by Moody’s Investors service following its split with Hoag Hospital in Orange County, California. The downgrade comes as a result of a disaffiliation with Hoag Hospital and the expectation that weaker operating, balance sheet and debt measures will continue for the
The US has imposed its most severe level of sanctions on Sberbank, Russia’s largest financial institution, and Alfa-Bank, the country’s biggest private bank, escalating its economic punishment of Moscow in response to atrocities committed by Russian forces in Ukraine. The announcement on Wednesday of “full blocking sanctions”, which prevent the lenders from transacting with any
Dogecoin (DOGE) continues its rebound move four weeks after bottoming near $0.10 and is now promising more upside moves in Q2/2022. Dogecoin price nears two-month highs DOGE’s price had risen by nearly 6.5% week-to-date to $0.15 a token. The coin’s recent gains surfaced after Elon Musk disclosed his $3-billion stake in Twitter on Monday, reiterating
Municipals greatly outperformed a large selloff in U.S. Treasuries Tuesday with yields rising to multi-year highs in the global safety benchmark curve following Federal Reserve officials’ hawkish remarks about shrinking its balance sheet and a likely 50 basis point interest rate increase as soon as May. Equities end in the red. Munis lagged, as they
Take a look at some of the biggest movers in the premarket: Carvana (CVNA) – Carvana was downgraded to “sector perform” from “outperform” at RBC Capital Markets, with the price target for the online car seller’s stock cut to $138 per share from $155 per share. RBC bases its call both on valuation and potential
The institutional adoption of cryptocurrencies has been gaining momentum over the past couple of years due to venture capitalists and money managers looking to the crypto market as the next investment class that will offer the greatest return. The Boba Network (BOBA) is the most recent protocol to benefit from institutional interest and the long
Economic fallout from continuing Covid lockdowns in Shanghai and elsewhere in China is hard to predict. Overall declines in China share prices this year, especially in Hong Kong, contributed to a drop in the number of mainland billionaires on the new 2022 Forbes Billionaires List unveiled today. (See related post here.) Ultimately, however, the current
The average rate on the popular 30-year fixed mortgage just crossed 5%, now standing at 5.02%, according to Mortgage News Daily. This is the first time it has crossed that threshold since 2011, save two days in 2018. It stood at 3.38% one year ago today. Mortgage rates, which follow loosely the yield on the
Bitcoin retail buying rates have been surging in recent times. These metrics show how much Bitcoin retail investors are buying and at what prices they are purchasing these tokens. Now, this metric had hit a previous all-time high in 2017/2018 right at the peak of the bull market at that point. Since the same thing
The Metropolitan Pier and Exposition Authority’s tourism-related taxes — which took a pandemic-driven beating — have generated enough revenue to meet this year’s scaled-down debt service but challenges loom as debt service ramps up. The agency last year restructured debt service coming due in fiscal 2022, providing some breathing room by lowering the overall tab
Municipals were steady to firmer in spots Monday, while U.S. Treasuries strengthened inside five years but key parts of the curve remained inverted while equities ended in the black. Triple-A municipal yield curves were relatively stable, while the two-, three-, five- and seven-year UST were still sitting above the 10- and 30-year. More activity surfaced
Welcome to Traders TV Tuesday and in this video session I had a question from Emily and Emily asked what are some other great books out there that you can learn stock trading from or which ones do I personally recommend. Typically every book has something for you to learn from and by learn I
Kevin Matras shows the right way to find great growth stocks at an excellent value. Highlighted stocks include DB, NEU, SBS and SEPR. http://www.zacks.com/research/screening/index.php
In this article TSLA TWTR Elon Musk speaks during a press conference at SpaceX’s Starbase facility near Boca Chica Village in South Texas on February 10, 2022. Jim Watson | AFP | Getty Images Outspoken Tesla CEO Elon Musk purchased a giant stake in Twitter that makes him the largest outside shareholder in the social media stock, not long
In this article TSLA WFC HTZ LOG.N-CH CTRN Andrew Burton | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Twitter — The social media company soared 26.6% after a filing revealed that Elon Musk has taken a 9.2% passive stake in the firm, worth about $2.9 billion. The
Air fryers have been a top wellness design trend for more than a year, and are likely to inspire new countertop appliance sales for Mother’s Day soon. Air frying capability has also been built into ranges, ovens and microwaves. One manufacturer even sent the capability as an upgrade to existing owners. Other companies followed suit,
Real estate accounts for an estimated 40% of global greenhouse gas emissions, with 12% of that in the United States alone, according to the EPA. Buildings mostly operate on fossil fuels, and their surfaces leak a lot of air, releasing cooling and heating out into the atmosphere. Add the construction industry to that and the
The total crypto market capitalization reached its highest close in three months on April 3 at $2.23 trillion, but the performance between March 28 and April 4 was a mere 1.9% gain. During this time, Bitcoin (BTC) presented a 2.6% negative performance, although that was more than offset by the gains from altcoins. Total crypto
Pennsylvania is calling for private firms to submit unsolicited proposals for transportation projects across the state as part of the commonwealth’s public-private partnership program. Interested companies have until April 30 to submit proposals that focus on “innovative ways to deliver transportation projects across a variety of modes including roads, bridges, rail, aviation and ports,” the
COVID-19 has changed the economic as well the physical landscape of living and working in New York City, according to panelists at an symposium hosted by the Federal Reserve Bank of New York, but the city will survive and thrive. “The Future of New York City: Charting an Equitable Recovery for All,” was a day-long
It is important to have a diversified portfolio in order to minimize risk. What Is Diversification? -A variety in your pool (a mix of companies, e.g. tech, oil, industrial, pharmaceutical) -You want to have a mix of industries so that if one industry has a bad year, the rest of your investments still have the
SGH has been on a tear since Mark Adams took the helm and began its systemic transformation from a legacy memory-focused chipmaker to a one-stop-shop innovator (hardware & software) for niche next-gen end-markets like HPC, AI, cloud computing, datacenters, etc. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo
In this article 9866-HK TWLO FB MU AMZN Chinese electric vehicle start-up Nio Inc’s first employee Tianshu LI, and company’s leadership team celebrate at the New York Stock Exchange (NYSE) Opening Bell to commemorate the company’s initial public offering (IPO) at the NYSE in New York, September 12, 2018. Brendan McDermid | Reuters Stocks ended
In this article 9866-HK 2015-HK WYNN BB AAPL GME Check out the companies making headlines before the bell: GameStop (GME) – GameStop plans to seek shareholder approval to boost the number of shares outstanding in order to enable a stock split. The videogame retailer is proposing an increase to 1 billion shares from 300 million.
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 Chen Li, the co-founder and CEO of Youbi Capital, a venture capital firm investing in blockchain technologies and disruptive
Inventory is up. Mortgage rates are up (and climbing.) Do these indicators presage a slowdown in the white-hot New York City real estate market? Will the uncertainty around the ongoing Ukraine war freeze homebuyers in their tracks? How have buyers and sellers fared during the first quarter of 2022? Sales have remained brisk throughout the
In this article CTRN Real estate and related sectors account for at least 25% of China’s economy, according to Moody’s. Costfoto | Future Publishing | Getty Images BEIJING — China’s economy faces so much new pressure from Covid that Beijing may increase stimulus — boosting overall growth, Citi said Thursday. “Given the strong start of
A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit. What do you think about the court dismissing the lawsuit against Binance over unregistered securities sales? Let us know in the comments section below. Disclaimer: This article is for informational purposes