Federal Reserve Bank of St. Louis President James Bullard said he would like to raise interest rates at the central bank’s meetings in March and May but played down the benefits of a larger-than-expected move. “Fifty basis points, I don’t think helps us — at least sitting here today, I don’t think that really helps
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Smart home technology has been gaining acceptance in American households for the last five years, with the pandemic doubling usage, according to research quoted in Security Infowatch in May 2021. While concerns remain, especially among older adults, users of all ages are seeing the advantages these services offer, including to their health, safety and well-being.
lvcandy | DigitalVision Vectors | Getty Images Sales of real estate in the metaverse topped $500 million last year and could double this year, according to investors and analytics firms. Real estate sales on the four major metaverse platforms reached $501 million in 2021, according to MetaMetric Solutions. Sales in January topped $85 million, the
Nonfungible tokens (NFTs), gaming protocols and the dawn of the Metaverse were all trending topics in 2021 and they are shaping up to be even bigger in 2022. NFTs and Metaverse-related projects are also bouncing back quickly from the market-wide downturn and Vulcan Forged (PYR) is one of the top movers this week. The project
In this article ASTR The company’s rocket LV0008 stands on the launchpad ahead of the ELaNa 41 mission for NASA. Astra | John Kraus Rocket builder Astra is preparing to launch from Florida for the first time as early as this weekend, with the company expecting to soon receive its Federal Aviation Administration license for
The PayPal application can be seen on a mobile phone. Felix Kästle | picture alliance | Getty Images Check out the companies making headlines after the bell: Alphabet — Shares of the Google-parent rose more than 7% in extended trading after the company beat on the top and bottom lines for its quarterly results. The
The U.S. Virgin Islands appears poised to refund $811 million of speculative grade matching fund bonds after its Senate approved a bill authorizing the transaction. On Monday afternoon the U.S. Virgin Islands Senate voted 14-0 to approve the refunding that officials said would prevent the USVI pension system from running out of money, which the
Municipals ended the month in the red but yields rose only a basis point or two on most triple-A scales on Monday while U.S. Treasuries were also softer and equities rallied hard. Triple-A benchmark yields rose slightly as did UST, keeping muni to UST ratios in a higher range. The municipal to UST ratio five-year
Valentine’s Day is almost here. If the pressure is on to find a meaningful gift is on, why not consider something special for the home? After all, Valentine’s Day gifts for the home last far longer than yet another box of chocolates. Whether you are looking for a gift for a husband, a wife, a
Rohit Chopra, director of the Consumer Financial Protection Bureau. Alex Edelman/Bloomberg via Getty Images The Consumer Financial Protection Bureau on Wednesday signaled a broad crackdown on hidden and excessive fees charged by banks, mortgage lenders and other financial entities. The federal agency, created in the wake of the 2008 financial crisis, is seeking consumers’ input
JohnnyGreig | E+ | Getty Images Embracing diversity is good for business. More diverse companies, both at board level and throughout the workforce, can outperform on financial metrics such as return on equity and higher earnings per share. They can also generate higher returns compared to their indices, according to GS Sustain 2020. Moreover, embracing
In this article TSLA WBA K CTXS SPOT BYND The Spotify app on an iPhone. Fabian Sommer | picture alliance | Getty Images Check out the companies making headlines in midday trading. Tesla — Tesla shares surged more than 9% after Credit Suisse upgraded the stock to outperform from neutral. The firm said the pullback
Chicago-based investment bank Loop Capital Markets LLC acquired the Miami-based investment advisory firm Taplin, Canida & Habacht LLC from BMO Asset Management Corp. in a deal that extends its asset management reach. The deal closed Jan. 28 and was announced Monday. BMO reported last June that it had signed a letter of intent that set
Solana (SOL) looks poised to paint its first “death cross” this week, raising fears that its ongoing selloff would continue further into February. Real selloff threat Notably, the SOL price’s 50-day exponential moving average (50-day EMA; the red wave) will eventually close below its 200-day EMA (the blue wave), signaling a bearish crossover, called death
Bitcoin (BTC) starts a new week with a bang — but not in the right direction for bulls. A promising weekend nonetheless saw BTC/USD attract warnings over spurious “out of hours” price moves, and these ultimately proved timely as the weekly close sent the pair down over $1,000. At $37,900, even that close was not
The Puerto Rico Oversight Board has discussed completing the Puerto Rico Electric Power Authority restructuring without a local law supporting it, since members of a Senate panel appear opposed to such legislation. The board reached preliminary terms with the bondholders on a Restructuring Support Agreement in spring 2019. As currently proposed, the Puerto Rico Senate
San Miguel de Allende’s vibrant culture and colonial architecture continue to attract retirees from the United States. Recently, however, more young families have chosen to call the charming city home in 2022. San Miguel de Allende is located about a three-hour drive from Mexico City at 6,135 feet above sea level in the state of Guanajuato.
Citigroup is offering its vision for the future of flexible work with the release of new plans to transform its London headquarters. The Wall Street bank is to overhaul its iconic Canary Wharf Citi Tower — home to its U.K., Europe and Middle East operations — in a major bet on the continued relevance of
Interoperability is shaping up to be one of the main themes for the cryptocurrency market in 2022 as projects across the ecosystem unveil integrations that make their networks Ethereum (ETH) Virtual Machine (EVM) compatible. While this has been one of the long-term goals of the ecosystem as a step on the path to an interconnected
In this article SHOP-CA FB UBER HUBS NOW People wear protective masks in front of Uber Technologies Inc. headquarters in San Francisco, California, U.S., on Wednesday, June 9, 2021. David Paul Morris | Bloomberg | Getty Images The latest bout of market volatility has been nothing short of stomach-churning for short-term investors. Indeed, a sell-off