Pension cuts and spending measures remain an obstacle to restructuring Puerto Rico’s debt, with the president of the Puerto Rico House of Representatives asking the Oversight Board to provide written commitment to support no pension cuts and a slew of spending measures before he would sign off on a bond restructuring. “Until some accommodation can
Municipals were mostly steady on a day when U.S. Treasuries sold off and equities rallied in a risk-on trade from debt-ceiling news in Washington while Refinitiv Lipper reported a mere $37 million of fund inflows and a near half-billion of high-yield outflows. Triple-A benchmarks were little changed on the day with Refinitiv MMD cutting the
Municipal advisors’ most common examination deficiencies are maintaining books and records, travel and entertainment expenses, and service contracts, officials from the Securities and Exchange Commission said in a virtual conference on Thursday. Karla Serna, a senior staff accountant at the SEC’s Chicago regional office said that one of the largest problems municipal advisors face in
In today’s episode of let’s talk stocks, we will go into some technical analysis basics, and we’ll take a look at the cup and handle pattern. This can be both a reversal and a continuation pattern. We’ll talk about what the pattern looks like, it’s previous trend, volume, as well as some projections, entry points
You can invest in the growing space economy with these ETFs. Procure Space ETF: https://www.zacks.com/funds/etf/UFO/profile?cid=CS-YOUTUBE-FT-VID SPDR S&P Kensho Final Frontiers ETF: https://www.zacks.com/funds/etf/ROKT/profile?cid=CS-YOUTUBE-FT-VID Virgin Galatic: https://www.zacks.com/stock/quote/SPCE?cid=CS-YOUTUBE-FT-VID Maxar Technologies: https://www.zacks.com/stock/quote/SPCE?cid=CS-YOUTUBE-FT-VID Dish Network: https://www.zacks.com/stock/quote/SPCE?cid=CS-YOUTUBE-FT-VID Intelsat: https://www.zacks.com/stock/quote/I?cid=CS-YOUTUBE-FT-VID Northrup Grumann: https://www.zacks.com/stock/quote/NOC?cid=CS-YOUTUBE-FT-VID Lockheed Martin: https://www.zacks.com/stock/quote/LMT?cid=CS-YOUTUBE-FT-VID
The basic building blocks of trading. The first signs of where to buy and sell. Support and Resistance are the two most widely used indications of where to open and close a trade. David is on hand to share his wisdom about them and show you some tips and tricks on how to get the
Boeing’s Starliner capsule sits on to an Atlas V rocket on the launchpad before the launch of the OFT-2 mission. United Launch Alliance NASA moved a pair of astronauts off Boeing’s first two crewed missions to a SpaceX mission next year, in a rare reassignment as the aerospace giant’s Starliner capsule remains delayed in development.
In this article MDP CTXS APP LEVI TWTR RKLB An employee holds a shopping bag while ringing up a customer at the Levi Strauss & Co. flagship store in San Francisco, March 18, 2019. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell Wednesday: Levi Strauss &
Protocol upgrades are one of the biggest drivers of momentum because they show developers’ dedication to fixing bugs, incorporating user requests and adding new features that make the protocol competitive and shore up the token’s value. One project that has seen its token price rally to a new all-time high following the launch of a
The waterfront estate once owned by former Miami Heat star Chris Bosh is on the market for $42 million. The fully renovated 11,709-square-foot mansion is the only move-in-ready residence available on the prestigious North Bay Road in Miami Beach. Celebrity neighbors include Cindy Crawford, Rande Gerber, Karlie Kloss and Joshua Kushner. Upon arrival onto the lush verdant landscape, guests will
Alexandra Lashner of Bensalem, Pennsylvania, became frustrated after attempting to buy a house this year and decided to postpone homeownership. Source: Alexandra Lashner Alexandra Lashner and her husband were excited to buy their first home earlier this year. They saved up enough for a 20% down payment and had no debt. Yet they still couldn’t
EOS began a descending trend 53 days ago and despite the recent 27% weekly gain, the altcoin is not showing any signs of a reversal. As a result, investors are questioning whether the former top-5 cryptocurrency has what it takes to turn around after Daniel Larimer, CTO of the development company behind EOS, resigned in
Bitcoin (BTC) skyrocketed above the $1 trillion market capitalization today, pulling the total crypto market capitalization close to $2.3 trillion. This marks a complete 100% recovery from the June 22 lows when the total crypto market capitalization had plunged to about $1.15 trillion. According to Chainalysis, the Central and Southern Asia and Oceania region has seen
Municipals were a touch weaker as U.S. Treasuries and equities seesawed throughout the day on debt ceiling news out of Washington while new issues in the primary were in high demand and repriced to lower yields. Triple-A benchmarks saw cuts of one to two basis points. Refinitiv MMD cut two on the 10-year and one
US energy secretary Jennifer Granholm has raised the prospect of releasing crude oil from the government’s strategic petroleum reserve, declaring that “all tools are on the table” as the Biden administration confronts a politically perilous surge in the price of gasoline. With the average price of petrol at the pump hovering at $3.19 a gallon
In this article SWX Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Carl Icahn on Tuesday announced a sizeable stake in Southwest Gas, and the activist investor is pushing the Las Vegas-based utility company to drop its rumored acquisition of natural gas company Questar Pipeline.
In this article SWX NKE NFLX Seen through a store window, a Nike employee stands in the entryway of the Nike SoHo store in New York City. Drew Angerer | Getty Images Check out the companies making headlines in midday trading. Facebook, Amazon, Apple – Shares of major technology companies led Tuesday’s market rebound. Facebook shares rose
When we look at the many ways that COVID-19 has impacted our homes and lives, cooking and nutrition have to be included. “Since the start of the pandemic, virtually all appliances have been relied on to keep families nourished and healthy,” observes Jill Notini, vice president and industry spokesperson for the Association of Home Appliance
Even in the current low interest rate environment, mortgage payments are becoming increasingly unaffordable for the median American family, according to a report from the Federal Reserve Bank of Atlanta. A median-income household would need to spend 32.6% of its yearly income on a median-priced home, the Atlanta Fed reported. And the median existing home
The Puerto Rico Oversight Board objected to a Puerto Rico bondholder request to further extend the retail bondholder Plan of Adjustment voting deadline. In response to requests by the Retirees Committee, Unsecured Creditors Committee, and bondholder Peter Hein, Puerto Rico bankruptcy Judge Laura Taylor Swain on Sept. 27 extended the voting deadline on the plan
California Gov. Gavin Newsom started the week with a trio of proclamations: to aid schools impacted by wildfires, to aid the Orange County beach areas affected by a massive oil spill, and to support the state’s ongoing response to the COVID-19 pandemic. The order related to schools ensures continuity in education for displaced students and includes waivers
You can compare day traders and swing traders to the Ninja Turtles – always fighting the Foot Clan. They are always battling each other, but which one is better? Let’s break down the differences between day traders and swing traders, so you can decide which style of trading is better for you… Holding Time The
SoFi Technologies (SOFI) is ready to skyrocket as institutional interest floods in at the technically & fundamentally supported levels the stock has come down to
Stock trading can take many forms and many traders confuse the two main types: Equity trading (also known as trading real stocks) and CFD trading (or buying and selling Contracts for Difference on stocks). So if you want to see the differences in terms of leverage, margin, short selling and fees – trading expert David
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that he has more crypto exposure than gold for the first time. He hopes to increase his crypto allocation to 7% in the next few months, emphasizing: “I don’t see a situation where crypto’s ever going away.” Kevin O’Leary Now Has More Crypto Than Gold
What is a call option? You might have heard about option contracts in the past. There are calls and puts. When you’re buying a call, it means you’re looking for the stock to go to the upside, which is a bullish outlook. You can also sell a call, which means you’re looking for the stock
Engine No. 1, the firm that rose to prominence after waging a successful campaign against Exxon, on Monday announced an investment in General Motors. This time, the upstart activist’s stake signals support for the automaker as it transitions to electric vehicles. Engine No. 1 pointed to the similarities between Exxon and GM, noting that each
In this article FB DD UNP F Facebook’s logo displayed on a phone screen. Jakub Porzycki | NurPhoto via Getty Images Check out the companies making headlines in midday trading. Facebook — Facebook shares fell 5.5% after a company whistleblower unveiled her identify and accused the social media giant of a “betrayal of democracy.” The
Bitcoin (BTC) is facing rejection near $50,000, indicating that bears are not ready to give up without a fight. Many analysts expect Bitcoin to soar in the last quarter of the year and stock-to-flow model creator PlanB says the “worst-case scenario” for Bitcoin in October is $63,000 and $98,000 by November. PlanB is not alone in his
In recent years, social media has transformed into an incredibly powerful tool for every industry, including real estate. Social connections and channels have made the industry more accessible than ever before, creating a way for real estate professionals to reach wider audiences with ease. Every real estate professional should be utilizing social media in their