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Solana (SOL) price is meeting resistance near its all-time high again, but solid fundamentals and the impressive growth of its decentralized finance (DeFi) and non-fungible token (NFT) ecosystem are likely to drive the altcoin above $250 before year-end. Institutional investor interest is likely a key factor behind Solana’s impressive 490% gain since August. For example,
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Eric Glyman and Karim Atiyeh, cofounders of corporate card startup Ramp Corporate charge card start-up Ramp is going after publicly-traded competitor Bill.com with a free invoice management and payments platform, CNBC has learned. The start-up has grown rapidly this year by offering small and medium-sized businesses a cash back card paired with software that identifies
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Tesla has become the first carmaker to be valued at $1tn after rental group Hertz said it had ordered 100,000 Tesla Model 3 sedans to electrify its fleet. Tesla shares rose 9.84 per cent in mid-day trading on Monday to $998.74, bringing year-to-date gains above 40 per cent and lifting the company’s market cap to
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The U.S. Department of Housing and Urban Development (HUD) announced today that it has reached a conciliation agreement/voluntary compliance agreement with MGM Investment Company, the owner of Roosevelt Plaza Apartments in Phoenix, as well as its property manager, resolving allegations that they violated the Fair Housing Act and Title VI of the Civil Rights Act
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It appears the Puerto Rico Plan of Adjustment will collapse as the Senate lacked the votes to approve a bill to back the plan and missed the Oversight Board’s deadline for such action. “It is a stunning development,” CreditSights Senior Municipals Analyst John Ceffalio said. “It had seemed the legislature had gotten all of its
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Facebook’s senior executives interfered to allow US politicians and celebrities to post whatever they wanted on its social network, overriding rules designed to curb misinformation and harmful content, leaked internal documents suggest. In particular, employees claim in the documents that while Facebook has long insisted that it is politically neutral, it allowed rightwing figures to
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In oral argument before a federal appeals court, the Securities Industry and Financial Markets Association contended that a Securities and Exchange Commission temporary exemption for municipal advisors during the height of the pandemic, was “arbitrary and capricious and unsupported by substantial evidence.” Making SIFMA’s case before the U.S. Court of Appeals for the D.C. Circuit
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