Municipals ended the week little changed ahead of a paltry new-issue calendar as the market winds down for the year. U.S. Treasuries were mixed and equities ended the week in the red. Muni-UST ratios were little changed Friday. The three-year muni-UST ratio was at 62%, the five-year at 67%, the 10-year at 71% and the
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The province of San Luis in Argentina approved a legislation allowing the issuance of its own stablecoin pegged to the United States dollar. The token, dubbed the “Activo Digital San Luis de Ahorro”, will be available to all citizens of the province over the age of 18 and 100% collateralized in liquid financial assets of
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Do you know which investment whales were buying and selling your favorite stocks before the big rally to new highs?
In this article ACN META GS F X CTRA HAL XPEV MAXR Follow your favorite stocksCREATE FREE ACCOUNT The logo of Meta Platforms is seen in Davos, Switzerland, May 22, 2022. Arnd Wiegmann | Reuters Check out the companies making headlines in midday trading. Meta Platforms – Shares of Meta Platforms rose 3.5% after JPMorgan
Bitcoin (BTC), Ether (ETH) and other cryptocurrencies have given back their gains despite cooling inflation. After jumping to one-month highs, BTC price action, as well as that of major altcoins, has reversed downwards — but why? Volatility across the board accompanied the latest United States macroeconomic data and comments on policy from the Federal Reserve.
When Christmas is over, dragging the Christmas tree out to the curb is anti-climactic and, let’s face it, depressing. Following its glorious reign inside the house, fragrant, decorated with lights and ornaments, the centerpiece of festivities and the locus for gifts, putting it out for the trash is an ignominious end. Here is a community
As the housing market cools quickly, house flippers are finding it harder to make fast profits. In the third quarter, gross flipping profit, which is the difference between the median purchase price paid by investors and the median resale price, dropped to $62,000, according to ATTOM, a real estate data provider. That’s down 18.4% from
press release PRESS RELEASE. INTERNET CITY, DUBAI, Dec 16, 2022 – LBank Exchange, a global digital asset trading platform, has recently launched ApeCoin (APE) staking in its “Earn” – “Flexible” section, users will be able to earn APE token with an annual return of 175% (floating adjustment), and withdraw anytime without locking. APE Staking Is
Twitter CEO Elon Musk defended his decision to ban several prominent technology reporters from the platform on Thursday night, claiming they violated Twitter’s policies on “doxxing.” “You dox, you get suspended,” Musk said on a Twitter spaces conversation with journalists. “End of story.” Doxxing is the act of sharing information like addresses, phone numbers and
The current COVID-19 surge is milder than it was this time last year. However, health officials are warning of a nationwide tripledemic of the flu, COVID-19 and Respiratory syncytial virus (RSV) that could fill up hospitals this holiday season. Some health officials are even advising Americans to start wearing masks again in case the surge
Donald Trump's collection of non-fungible tokens, or NFTs all 45,000 of them have been completely sold out, raking in a whopping $4.45 million. What Happened: Over 45,000 NFTs were sold out in about 12 hours, resulting in $4.45 million raised at $99 a piece, with nearly 14,000 people purchasing one or more of the online
The collapse of cryptocurrency exchange FTX FTT/USD has not been the biggest concern for investors this year. Recall the de-pegging of Terras USTC/USD token and the collapse a few weeks later of Celsius and Three Arrows Capital (3AC) investors suffered much bigger losses in those two scenarios. Investors lost $20.5 billion in the case of
Municipals were little changed as secondary trading slowed Thursday but the short-end remains under pressure and outflows returned to municipal bond mutual funds. U.S. Treasuries ended the session mixed and equities sold off hard. Muni-UST ratios were steady Thursday. The three-year muni-UST ratio was at 61%, the five-year at 67%, the 10-year at 72% and
Evidence of a wave of Covid-19 deaths is beginning to emerge in Beijing despite official tallies showing no fatalities since an uncontrolled outbreak began sweeping through China’s capital this week. Staff at one crematorium in Beijing said they cremated the bodies of at least 30 Covid victims on Wednesday and Financial Times reporters saw two
Amazon.com, Inc. AMZN shares are trading lower by 3.73% to $88.16 going into the close of Thursday's session.Shares of retail and e-commerce companies are trading lower following Wednesday's Fed decision. The Fed raised rates by 50 bps and increased its federal funds rate projections while lowering its GDP outlook. These catalysts could negatively impact spending
Floki Inu FLOKI/USD , the doge-themed meme coin, has seen its price surge by 11% in the last 24 hours, topping intra-day gains and outpacing rivals Dogecoin DOGE/USD and Shiba Inu SHIB/USD . What Happened: FLOKI saw its value surge after being listed on OKX, showing an astonishing 30-day high of $0.00001089, as per Coingecko.
close video Crypto industry has been full of Ponzi schemes: Palantir co-founder Crypto and Web3 have unrealized potential, but the lack of regulation over the years has led to speculative bubbles and Ponzi schemes, Joe Lonsdale says. Following the collapse of FTX, the cryptocurrency exchange once valued at $32 billion, much of the attention has
House Republicans are rallying around Elon Musk’s “Twitter Files” to fuel their accusations of anti-conservative censorship, previewing the hostile tech agenda the GOP will launch when the party takes control of the chamber in January. Republicans set to chair key House committees pledged to call in ex-Twitter staff to testify at hearings and probe the
In an attempt to further sever the state’s financial ties with businesses that have divested from the fossil fuel industry, Kentucky lawmakers are mulling new anti-ESG investment regulations. Attorney General David Cameron affirmed his support for expanding disclosure rules for environmental, social, and governance-related investments by major banks and businesses, and giving the state wider