Polygon’s native token (MATIC) experienced a 16.4% rally that coincided with the launch of Polygon 2.0 Goreli testnet on Oct. 4. However, the resistance at $0.60 proved stronger than anticipated, and was followed with a 10.6% decline over the six days leading into Oct. 10. This decline was exacerbated by negative news regarding the departure
In a recent study, we analyzed and identified the richest cities in New Jersey based on scoring several key financial factors. This time around, we’re looking at New Jersey’s neighbor to the west — Pennsylvania, the Keystone State. We analyzed over 17,00 cities in the state in order to identify the richest cities in Pennsylvania.
In the late 19th century, Manhattan’s elite lived largely in tony brownstones around Madison Square Park. The neighborhood remains a hot address, with a glass skyscraper redefining luxury living near the historic 6.2-acre green space. There are just 83 condominiums, two per floor, at the glass-walled Madison Square Park Tower at 45 East 22nd Street.
In this article 2007-HK Follow your favorite stocksCREATE FREE ACCOUNT Signage at a residential project developed by Country Garden Holdings Co. in Baoding, Hebei province, China, on Tuesday, Aug. 1, 2023. Bloomberg | Bloomberg | Getty Images Chinese real estate developer Country Garden Holdings said it expects it will not be able to make all
New homes under construction in Miami, Florida, Sept. 22, 2023. Joe Raedle | Getty Images Top real estate and banking officials are calling on the Federal Reserve to stop raising interest rates as the industry suffers through surging housing costs and a “historic shortage” of available homes for sale. In a letter Monday addressed to
California and Illinois are the largest contributors to an expected $1.3 trillion in unfunded pension liabilities for the 50 states in fiscal 2023, according to a Reason Foundation study. California’s public pension systems are projected to be $245 billion short of where they need to be after 2023, the largest miss in the nation, followed
Preliminary Puerto Rico net general fund revenues for the first quarter of fiscal 2024 were 19.7% above Oversight Board projections. Net general fund revenues for July, came in 17.4% above board projections and 16.2% over the collections for July 2022. July net income was $811 million, $121 million more than the board projected. Puerto Rico
Transportation and issuer groups have expressed support for a Republican Senate bill that would require electric vehicle owners to pay a fee to help support the struggling Highway Trust Fund. Senate Bill 2882, the Stop EV Freeloading Act, would impose a $1,000 fee at the manufacturer level and a one-time fee of $550 on each
Municipals were firmer Tuesday, underperforming a U.S. Treasury flight-to-safety rally. Equities ended in the black. Triple-A muni yields fell up to 10 basis points while USTs rallied upwards of 15 basis points. The two-year muni-to-Treasury ratio Tuesday was at 73%, the three-year was at 73%, the five-year at 74%, the 10-year at 75% and the
Israeli soldier Gilad Shalit was held for five years by Hamas in Gaza before he was extracted in a 2011 prisoner swap. The price: more than 1,000 jailed Palestinians. Now Israel faces a hostage dilemma of a different magnitude. During Hamas’ surprise assault on southern Israel on Saturday, the militant group that runs the Gaza
The Israeli military bombarded targets in the Gaza Strip overnight and said it had secured its breached border barrier with the enclave, three days after an unprecedented incursion by the militant group Hamas into Israel triggered the country’s worst war in decades. Tens of thousands of Palestinians have fled their homes, according to the UN, after
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As much of Israel slept on Saturday, Hamas militants launched an unprecedented, multipronged dawn assault on the country from the Gaza Strip. The Middle East’s most powerful security force was caught off guard. Hundreds are
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Israeli military bombarded more than 200 targets in the Gaza Strip overnight and said it had secured its border with the enclave, three days after an incursion by Hamas triggered the worst war on
The muni market may be several years away from fully integrating artificial intelligence, but firms are taking small steps already. “AI is a big deal if you want to personalize your approach, differentiate your products,” James Pruskowski, chief investment officer of 16Rock Asset Management, said during MuniTech NYC, a conference hosted by Munichain and Spline
Bitcoin (BTC) kept up renewed pressure on $28,000 into the Oct. 8 weekly close as geopolitical uncertainty entered traders’ radar. BTC/USD 1-hour chart. Source: TradingView Trader: Bitcoin behavior at resistance “not the best” Data from Cointelegraph Markets Pro and TradingView showed BTC price performance avoiding downside volatility over the weekend. The pair recovered from a
In this article DRI AEP BIP CTRA XOM Follow your favorite stocksCREATE FREE ACCOUNT A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. Sergio Moraes | Reuters Dividend-paying stocks are looking even more attractive as investors grapple with
In this article CARR JNJ STZ LW FCNCA Follow your favorite stocksCREATE FREE ACCOUNT McDonald’s french fries being prepared. Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Rivian Automotive — Rivian Automotive shares tanked 19% after the electric vehicle maker announced plans to raise $1.5 billion in
A 1970s monument to modern architecture is sailing through the test of time in the picturesque hills of Italy’s Chianti region. The long, two-story villa, with strong horizontal lines and a flat roof, is stepped into the countryside terrain of Strada in Chianti, about a 30-minute drive from the Tuscany capital city of Florence. Florentine
Symbotic technology in use at a Walmart facility. Courtesy: Walmart Venture-capital giant Softbank notched a $15 billion-plus gain on its 2016 deal to buy Arm Holdings when the artificial intelligence-enabling semiconductor firm went public last month. But not as many investors know about Softbank’s “other” big AI investment, Wilmington, Mass.-based software and robotics maker Symbotic,
Our weekly roundup of news from East Asia curates the industry’s most important developments. 3AC creditors strike back On Sept. 29, Su Zhu, co-founder of defunct Singaporean hedge fund Three Arrows Capital (3AC) — which prior to its collapse last June managed more than $10 billion in digital assets — was apprehended at Singapore’s Changi
The largest health-care strike in U.S. history hit Kaiser Permanente Wednesday, putting investors who buy and sell hospital bonds on edge as an industry that’s already experienced more than its share of distress struggles to stabilize financially. Kaiser has almost $4 billion in outstanding municipal-bond debt, according to Bloomberg data, including $1 billion in so-called
Stay informed with free updates Simply sign up to the Israeli-Palestinian conflict myFT Digest — delivered directly to your inbox. Benjamin Netanyahu warned that Israel faced a “long and difficult war”, as its forces continued to wage gun battles with Palestinian militants on Sunday morning following the unprecedented multipronged attack by Hamas that stunned the
Top Stories This Week Opening arguments begin in Sam Bankman-Fried trial The trial of former FTX CEO Sam “SBF” Bankman-Fried kicked off on Oct. 4 in New York after jury selection began the previous day. Assistant United States Attorney Thane Rehn told jurors that SBF used FTX customer funds to enrich himself and gain credibility
Enjoy complimentary access to top ideas and insights — selected by our editors. Peter Hayes, one of the most well-known and influential people in the municipal bond industry, plans to relax and enjoy life with his family and friends after he retires early next year. “I’ll be 65 next year — and I didn’t think
Komainu, a cryptocurrency custody firm co-created by crypto investment firm CoinShares, hardware wallet company Ledger and Japanese Nomura, has secured major regulatory approval in the United Kingdom. The company announced on Oct. 6 that it has received approval from the U.K. Financial Conduct Authority (FCA) to register as a custodian wallet provider under the Money
The Tesla logo is seen on a charger station in Virginia on Aug. 16, 2023. Celal Gunes | Anadolu Agency | Getty Images Check out the companies making headlines in midday trading. Pioneer Natural Resources — The energy stock added nearly 10%. The action comes after The Wall Street Journal reported that Exxon Mobil is
Whether you own a residential or commercial property, when it’s time to sell, it’s important that your broker utilizes all the tools available to maximize exposure. The level of marketing involved with a property sale will play a key role in the final outcome. In the previous article of this real estate series for brokers,
A customer inspects a Tesla Motors Inc. Powerwall unit inside a home. Ian Thomas Jansen-Lonnquist | Bloomberg | Getty Images After a summer of extreme weather and wildfires and now during the peak of hurricane season, the power going out again is becoming familiar to more Americans. That means it may be a good time
North Carolina Gov. Roy Cooper is leading a state delegation to Japan next week to attend the Southeastern United States/Japan (SEUS/Japan) economic development conference in Tokyo. The trip, from Oct. 11 to 15, aims to entice businesses to move to the state. The delegation will also meet with officials and business leaders. “Japan is a
Stay informed with free updates Simply sign up to the Israeli-Palestinian conflict myFT Digest — delivered directly to your inbox. Israel declared a “state of alert for war” on Saturday after Hamas launched its biggest attack on the country for years, firing a barrage of rockets and sending militants across the border from the Gaza
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