New York will require all private sector workers in the city to be vaccinated against Covid-19, in what would be the strictest vaccine mandate to be imposed anywhere in the US. Mayor Bill de Blasio said on Monday the new rule would go into force on December 27 and would apply to all private companies
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The federal government is seeking feedback on the new Infrastructure Investment and Jobs Act and one of the act’s most high-profile sections, the electric vehicle charging infrastructure program. The pair of Requests for Information, published this week, mark the first step toward developing guidance for the $1.1 trillion package. The act features dozens of new
Bitcoin (BTC) and most altcoins sold off on Dec. 4 with massive deleveraging seen in the crypto derivatives markets. Data suggests more than $2.5 billion of crypto liquidations over a 24-hour period. During the recent fall, Ether (ETH) has continued to outperform Bitcoin. While Bitcoin’s market dominance has dropped below 41%, Ether has continued to
The Republic of Singapore is a global financial center of around 5.7 million. The city-state is a contrast of cultures, offering a perfect blend of contemporary living that is unlike any other place in the world. Sammi Lim, founder and executive director of Brilliance Capital, knows the area, having 17 years of experience in development and
Daniel Acker | Bloomberg | Getty Images Home prices are still considerably higher than they were a year ago, when the pandemic caused a massive run on housing, but the gains are finally starting to ease up. Home prices rose 19.5% in September year over year, down from a 19.8% annual gain in August, according
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Mati Greenspan, a crypto analyst and the founder and CEO of Quantum Economics, an investment analysis and consulting
An aerial view of Launch Complex 39A at NASA’s Kennedy Space Center shows where SpaceX had previously started work on a Starship launchpad (bottom right corner), captured during a flyover by the Inspiration4 crew on Sept. 13, 2021. John Kraus / Inspiration4 SpaceX has begun building a launchpad for its Starship rockets in Florida, CEO
Andrew Valenzuela is helped with his application during a job fair at a Post Office in Los Angeles, California on September 30, 2021, as the US Postal Service looks to fill 40,000 seasonal-worker positions in preparation for the winter holidays. Frederic J. Brown | AFP | Getty Images The Federal Reserve is expected to move
Eric Adams has about a month before his Jan. 1 swearing in as New York mayor to prepare for his first budget presentation. While he inherits a city with roughly $15 billion in multiple rounds of emergency federal funding, better-than-expected revenue and diminished outyear budget gaps, a raft of fiscal variables will confront him at
EU and Nato allies have swung behind the Biden administration’s assessment that Russia may be poised to invade Ukraine, following unprecedented sharing of US intelligence on Moscow’s military preparations. Weeks of sustained US diplomatic engagement with European governments, backed by a sharing of intelligence normally reserved for its closest allies, have helped convince some previously
Continuing the series on Price Action, David focuses our attention on several cases where this trading approach can be used to determine entry points in trending markets. He covers both uptrending and downtrending scenarios on real charts and demonstrates the pitfalls that are always lurking around when it comes to timing your entry. It’s not
Mark Zehner has retired from his position as deputy chief of the Office of Municipal Securities and Public Pensions Unit at the Securities and Exchange Commission after almost 25 years with the regulator, passing the torch to Rebecca Olsen, former director of the office of municipal securities. Zehner’s last day with the Commission was Nov.
Crypto exchange Bitmart lost nearly $200 million in a hot wallet compromise hosted over the Ethereum (ETH) and Binance Smart Chain (BSC) blockchains. The $200 million Bitmart hack was first revealed by Peckshield, a blockchain security and data analytics company, who initially identified a transfer of roughly $100 million over the Ethereum blockchain. Further investigation
It’s no secret that Charleston, South Carolina, is fast-becoming one of the world’s most popular cities. The Holy City continues to top lists across the globe as one of the best places to live, and recent forecasts project the housing market in Charleston to be among the top ten in the U.S. for the next
Hundreds of thousands of homeowners could soon lose or sell their homes as Covid-related mortgage bailout programs expire. The federal government, big banks and mortgage servicers started emergency programs when the pandemic hit early last year, shutting down vast swaths of the economy. The bailouts allowed millions of homeowners to miss payments, some for up
In this article ZEN Richard Drury | DigitalVision | Getty Images Company: Zendesk Inc. (ZEN) Business: Zendesk is a software development company that provides “software as a service” solutions for tracking, prioritizing, and solving customer support tickets across various channels. The company’s offerings include Zendesk Chat, a live chat software to connect with customers on
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 29, 2021. Brendan McDermid | Reuters Volatility could continue to plague markets after a week of violent swings that sent many stocks plummeting. In the week ahead, investors await more news on the omicron Covid variant and
The Bay Area Toll Authority’s plans to price $1.3 billion in toll bridge revenue bonds next week are expected to see robust demand, even as the seven-bridge system sees a softer pandemic recovery than other tollway credits in the U.S. Lead managers BofA Securities, Citi and JP Morgan, along with co-manager Goldman Sachs & Co.
The Securities and Exchange Commission has named Ernesto A. Lanza as the new acting director for the Office of Municipal Securities. The announcement of the appointment came after Rebecca Olsen’s move from director to deputy chief became public following the retirement of longtime regulator and former deputy chief Mark Zehner. “I look forward to working
The Federal Bureau of Investigation (FBI) has seized bitcoin worth more than $2.2 million tied to ransomware payments. The cryptocurrency allegedly belongs to an affiliate of Gandcrab and Revil/Sodinokibi ransomware. US Seizes Bitcoin Worth Over $2 Million The Federal Bureau of Investigation (FBI) has seized almost 40 bitcoins from a Russian resident tied to Revil