In this article OSTK Attorney Sidney Powell looks at attorney L. Lin Wood as he speaks during a press conference on election results in Alpharetta, Georgia, December 2, 2020. Elijah Nouvelage | Reuters A lawyer allied with former President Donald Trump hosted numerous conspiracy theorists looking to overturn the results of the 2020 election at
2021 has been a breakout year for the cryptocurrency market as a whole despite the year-end struggles that have kept the price of Bitcoin (BTC) pinned below $48,000, much to the chagrin of the cadre of folks who had been calling for a $100,000 BTC moonshot. Data from Cointelegraph Markets Pro and TradingView shows that
We‘ve all heard stories of billion-dollar future contracts liquidations being the cause of 25% intraday price crashes in Bitcoin (BTC) and Ether (ETH) but the truth is, the industry has been plagued by 100x leverage instruments since BitMEX launched its perpetual futures contract in May 2016. The derivatives industry goes far beyond these retail-driven instruments,
The U.S. Virgin Islands is nearing a vote on a proposed $1 billion matching fund bond refunding to address a multibillion-dollar pension shortfall. Unless there is an unexpected infusion of cash or reduction of benefits before fiscal 2024, Moody’s Investors Service projects the USVI Government Employees Retirement System will run out of money by that
Municipals saw some pressure on long rates as U.S. Treasuries sold off and equities made gains. Triple-A benchmarks saw a basis point cut on bonds outside of 2035 but were largely unchanged otherwise. Ratios fell on the moves in UST. The five-year was at 46%, 67% in 10 and 76% in 30, according to Refinitiv
Traders work on the floor of the New York Stock Exchange (NYSE) on December 02, 2021 in New York City. Spencer Platt | Getty Images It’s time for my best guesses for next year: 2022 is a year to go big and bold, because a boom is coming. Not a boom in everything, but certainly a
In this article DIDI VSCO Scott Mlyn | CNBC Check out the companies making headlines in midday trading Wednesday. Victoria’s Secret — Shares of Victoria’s Secret jumped more than 10% after the intimate apparel retailer announced a $250 million accelerated share repurchase program. The company also reaffirmed fourth-quarter guidance provided in November, including an up
The S&P 500 is trading near its all-time high but Bitcoin (BTC) has plunged about 30% from its all-time high at $69,000. Even after the sharp drop, Bitcoin is up 63%, year-to-date, outperforming the S&P 500, which is up about 30% in 2021. Gold, which is popular as a hedge against inflation, is down roughly
From above it may look like a giant green oasis snaking along the flat top of a ridge, but this 120-acre Beverly Hills site just became a landing pad for $65 million. That’s what a property owned by a trust of the late Microsoft co-founder and philanthropist Paul Allen has garnered on L.A.’s Westside. “This
The Covid-19 pandemic upended the home-buying process. Historically-low mortgage rates coupled with an inventory shortage created a red hot market, with houses selling within hours of being listed, often for well over asking price. No one knows exactly what the future has in store. But housing experts tell CNBC Make It that in 2022, buyers
A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto users. Just recently, Opendao gave Opensea users an airdrop and many people accrued thousands of dollars in SOS tokens. Now, another project called Gas
In this video, I want to share with you How to Eliminate Stress When it Comes to Trading Stocks or trading in your account. In either case, how do you eliminate that Stress caused by when you’re trading in the stock market? Well, a lot of times people take on this stress because they don’t
Puerto Rico bankruptcy Judge Laura Taylor Swain approved a settlement between the Oversight Board and the governor on contested pension laws, removing a large roadblock to the island’s bankruptcy deal. Under the deal, Swain declared the laws illegal with the stipulation the board and Gov. Pedro Pierluisi would craft a deal for better employee pensions
The year winds down with another day of an unchanged muni market and slightly weaker U.S. Treasury market while equities were mixed. Triple-A benchmarks were left unchanged and ratios were also little changed. The five-year was at 47%, 70% in 10 and 78% in 30, according to Refinitiv MMD’s 3 p.m. read. ICE Data Services
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Dec. 13, 2021. Michael Nagle | Bloomberg | Getty Images Farr, Miller & Washington is a “buy-to-hold” investment manager, which means we make each investment with the intent to hold the position for a period of
Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021. Kyle Grillot | Bloomberg | Getty Images Cathie Wood started the year as a bona fide superstar in the rarified world of active stock picking. She ends the year
In this article VIPS BA CCL UAL Coinbase signage in New York’s Times Square during the company’s initial public offering on the Nasdaq on April 14, 2021. Robert Nickelsberg | Getty Images Check out the companies making headlines in midday trading. Coinbase — Shares of the crypto exchange fell 6.9% on Tuesday as digital currencies
The cryptocurrency market slid lower on Dec. 28 as the price of Bitcoin (BTC) lost nearly $4,000 in value in a matter of hours with bulls now looking to secure support at $48,500 to prevent further losses. In the midst of the market-wide drawdown, the decentralized finance (DeFi) sector of the crypto ecosystem has offered
While most oceanfront hotels are known for traditional beach style with seashell decor and lots of kitsch, Tower23 in San Diego couldn’t be a more unique getaway. This modern hotel appeals to tourists, surfers, or simply anyone who needs a chic retreat in the area. Located in the Pacific Beach neighborhood, it has the vibe
As many as one third of 40 Chinese property developers rated by Fitch Ratings could suffer a cash squeeze in a severe scenario where home sales revenue drops by 30% next year, says the ratings giant. “The longer the stresses on China’s property sector last, the greater the risk of a loss in consumer confidence,”
Several Puerto Rico bankruptcy parties objected to the Oversight Board’s proposed bankruptcy deal documents, saying they were discriminatory, did not respond to the judge’s directions, and attempted to breach applicable bankruptcy law. Among the objecting parties filing objections to revised documents the board filed with the bankruptcy court were Puerto Rico’s Fiscal Agency and Financial
Colin Fitzpatrick is a Dubliner based in Dubai who turned a bad time during quarantine into a business that promises to bring your favorite artists to a metaverse near you. His company Animal Concerts, which launches in January, is in the process of signing world-class artists to perform in the decentralized worlds of the Metaverse.
Municipals were thinly traded and benchmark yields little changed while U.S. Treasuries were a tick better on the 10- and 30-year and equities continued their march upward. Triple-A benchmarks were left unchanged and ratios were also little changed. The five-year was at 47%, 70% in 10 and 78% in 30, according to Refinitiv MMD’s 3
In this article GDDY Spencer Platt | Getty Images Activist investor Starboard Value has taken a 6.5% stake in GoDaddy, sparking a rally in shares of the web services company. The hedge fund bought more than 10,000 shares of GoDaddy, worth about $800 million, according to a regulatory filing. The new stake became the biggest
In this article APA GDDY AAL AEO RL GoDaddy logo SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. GoDaddy — The web hosting company saw its shares jump nearly 9.2% following a Wall Street Journal report that activist investor Starboard Value has taken a 6.5% stake in it,
Is the pandemic causing a major reshuffling of America’s population? Although we’re seeing some movement, we are at an historic low for household relocations. The bigger population story is lower immigration. The relocation theme was recently sounded by one of our leading urbanists, Richard Florida. Linking to a report from the National Association of Realtors, Florida tweeted that the report provided
Migrant workers build a scaffold at the construction site of Huayang Commercial City Phase II in Huai ‘an City, east China’s Jiangsu Province, Feb. 7, 2021. Costfoto | Barcroft Media | Getty Images BEIJING — China’s struggling real estate developers face a growing number of repayment deadlines in the next few months. Real estate giant
Bitcoin (BTC) and most major altcoins have bounced off their immediate support levels, indicating that the sentiment is improving and traders are buying on minor dips. Billionaire and Mexico’s third-richest person Ricardo Salinas Pliego said in his Christmas and New Year message to stay away from fiat money, terming it as “fake money made of
U.S. Commerce Secretary Gina Raimondo looked out at the Economic Club of New York luncheon gathering. “It’s been a hard year. We can’t sugarcoat that,” the former Rhode Island governor said. “But there are a lot of reasons to be optimistic … We ought to take a second to look at the bright side.” One
In this article TSLA BABA KMX BB CAT CAMP Check out the companies making headlines before the bell: CarMax (KMX) – The auto retailer’s stock jumped 5.1% in premarket trading after CarMax beat estimates on the top and bottom lines for its latest quarter, as well as posting comparable dealer sales that were above analyst