Getty Images Interest rates are almost undoubtedly going up this month, for the first time in three years. The Federal Reserve is expected to raise its benchmark interest rate by 0.25% next week to curb inflation, which is running at a 40-year high. Additional hikes are likely later this year. American households will feel that
On Friday, Yuga Labs, the firm behind the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, announced the company acquired the intellectual property behind the Cryptopunks and Meebits brands. Furthermore, after obtaining the IP from Larva Labs, Yuga has decided to give “full commercial rights to the NFT holders.” Bored Ape Creators Yuga Labs
Franklin Templeton hired Lloyd Nemerever to help the asset manager capitalize on growing interest from retail investors in separately managed accounts for municipal bonds. In the newly created role, Nemerever will lead portfolio management for Franklin Templeton Fixed Income’s retail municipal bond separately managed account strategies, including the construction of new portfolios customized to meet
Cup and Handle Pattern: -It is a continuation pattern. -Discovered in 1988 by William O’Neil. I recommend his book How to Make Money in Stocks. -You need a previous trend in order to have a continuation pattern. -When the pattern trickles down the “handle” the volume will be slowly declining. -Once it breaks the “handle,”
Kevin Matras goes thru a step by step tutorial on how to use the stock screener on Zacks.com.
The Municipal Securities Rulemaking Board’s request for information on environmental, social and governance considerations in the muni market represents a dangerous attempt by the board to bring politics into the realm of public finance and should be abandoned immediately. That’s according to Utah State Treasurer Marlo Oaks, who helped lead the coalition of officials from
In this article MRT.UN-CA CNE-CA CFW-CA Thomas Barwick | Stone | Getty Images Less than a third of corporate board seats are now held by women, despite evidence that has shown that gender diversity in boardrooms can lead to higher credit ratings and improved stock performance. Women are gaining ground in the boardroom. In 2022,
In this article FB RIVN DOCU A sign of Meta, the new name for the company formerly known as Facebook, is seen at its headquarters in Menlo Park, California, October 28, 2021. Carlos Barria | Reuters Check out the companies making headlines in midday trading Friday. Meta Platforms — Shares of the Facebook parent fell
Whether living in the city or country, it’s important to connect with nature. These properties, from an equestrian facility in the Pacific Northwest to a ski chalet in Switzerland take advantage of their natural surroundings. Wild Turkey Farm in Oregon was designed to be a world-class estate for sport horse breeding. LUXE Prime equine in
A “For Sale” sign is seen outside a home in New York. Shannon Stapleton | Reuters The war-induced drop in U.S. mortgage rates was short-lived. Rates popped up again this week to the highest level in nearly two years. The average rate on the popular 30-year fixed mortgage hit 4.19% and then fell to 3.90%
Municipal yields rose up to seven basis points Thursday pushing the one-year triple-A muni to 1%, a level not seen since April 2020 during the initial COVID-led selloff. U.S. Treasuries pared back some losses near the close, but the two-year hit its highest level in over two years after inflation hit its highest in 40.
This is how to trade options, more specifically, the vertical spread. The vertical spreads are fantastic option spreads to trade when you’re looking to trade out larger dollar stocks because it allows you to use less capital for trading those bigger stock. First I want to show you the diagram behind what it looks like
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Waves (WAVES) continued its price rally further into this week, even as its top crypto rivals wobbled between losses and gains elsewhere in the market. A 230% Waves boom The WAVES/USD trading pair surged by nearly 75% this week to reach around $31, its best level since Oct. 28, 2021. Its rally came as a part
In this article OXY Vicki Hollub, President and CEO, Occidental Petroleum Corporation, participates in a panel discussion during the annual Milken Institute Global Conference at The Beverly Hilton Hotel on April 29, 2019 in Beverly Hills, California. Michael Kovac | Getty Images As oil prices surge to the highest levels since 2008, Occidental Petroleum CEO
Traders on the NYSE Feb. 28, 2022. Source: NYSE Select Chinese stocks have declined sharply on Thursday. China watchers believe this is likely because the Securities and Exchange Commission has identified five U.S.-listed American depositary receipts of Chinese companies (Yum China, BeiGene, Zai Lab, ACM Research and HUTCHMED) for failing to adhere to the Holding
In this article AMD MU BKR CVX AMZN CRWD A worker sits on a wall dividing an informal settlement from the new Amazon fulfillment center, which is under construction at RMSG Alamar Industrial Park, in Tijuana, Mexico September 7, 2021. Jorge Duenes | Reuters Check out the companies making headlines in midday trading. Amazon —
Gas fees for transactions on the Ethereum (ETH) blockchain have dropped to the lowest levels since August. But they’re still not cheap. According to data sourced from Coinmetrics and shared by CryptoRank Platform, the seven-day moving average cost of an Ethereum transaction as of March 9 totaled $11.14, placing it back amongst the levels recorded
The real estate industry isn’t exactly known for finding dynamic solutions to common problems. Yet, that is how Tripalink, which is a real estate brand that develops and manages co-living and standard apartments came to be. When Founder and CEO, Donghao Li had a challenging experience renting an apartment as an international graduate student at
David Sacks | Getty Images Consumer prices are rising at their fastest pace in decades — and that inflation has been most acute in household staple items like food, housing and transportation, making it hard to escape the budgetary sting. The Consumer Price Index jumped 7.9% in February relative to a year earlier, the largest
Bitcoin (BTC) turned back time to February on March 10 as the latest U.S. inflation data sparked a bout of volatility. BTC/USD 1-minute candle chart (Bitstamp). Source: TradingView Wheat gives Bitcoin a run for its money Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reacting strongly to February’s consumer price index (CPI) readout. Despite
Tackling California’s housing crisis and alleviating the financial blow of rising gas prices and inflation are hot button issues as the governor’s May budget revision draws near. Gov. Gavin Newsom promised a gas tax rebate in his State of the State speech Tuesday night and unveiled a CARE Court program last week aimed at getting
Detroit’s post-Chapter 9 fiscal progress despite the COVID-19 pandemic’s revenue blows drew an upgrade from Moody’s Investors Service that moves the city two notches away from investment grade. Moody’s raised the rating Wednesday one notch to Ba2 from Ba3 and signaled by leaving a positive outlook on the rating that another upgrade could be in
What Is the Double Top Reversal Pattern? -You need a prior trend that is positive in order for it to be a reversal -There are usually two points that force a stock to reverse -As the stock climbs upward, it hits the first top, the stock goes down (sentiment is saying the stock is too
Understanding VIX contango and ETF leverage can save you a small fortune.
Noah Kerner, CEO of Acorns. Adam Jeffery | CNBC Acorns, the fintech start-up that scrapped plans to go public in January, has raised $300 million from private investors, CNBC has learned. The savings and investing app is now valued at $1.9 billion after the transaction, more than double its last private round valuation, according to
Traders on the floor of the NYSE, March 2, 2022. Source: NYSE The Securities and Exchange Commission is voting on Wednesday to propose new cybersecurity rules for public companies. There are two components to the proposal: Mandatory cybersecurity incident reporting: “Material” incidents would have to be reported on an 8-K form within four business days
In this article AMZN BMBL SFIX JBHT SBUX GE Netflix logo Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Bumble — Shares of the online dating company surged more than 43% in midday trading. Fourth-quarter revenue was just short of expectations from Refinitiv. Still, BMO
Bitcoin (BTC) soared on March 9 as the Dow futures recovered sharply and United States Treasury Secretary Janet Yellen’s statement on President Joe Biden’s executive order regarding digital assets, which was released a day earlier by error, contained positive statements about the crypto industry. For the past few days, investors seem to have been accumulating
REITs have been on a buying spree, making $67.8 billion of net acquisitions in 2021. Several factors have contributed to these purchases, including a robust recovery in underlying property markets and solid outlook for future growth, a low cost of capital, and strong balance sheets that are in a good position to support this expansion