Amid fresh controversy surrounding a December Federal Highway Administration memo, the U.S. Department of Transportation said the memo does not in fact restrict the use of infrastructure funds for new highway capacity projects as feared by some state transportation advocates. The controversy stems from a Dec. 16 FHWA memo that advised states to spend federal
2021 was not just the year of institutionalization of crypto and new all-time highs; it also turned out to be the biggest year for crypto philanthropy. According to research data from The Giving platform, crypto donation volume rose to $69.6 million in 2021 compared to $4.2 million in 2020. Crypto donation volume spiked 1,558% or nearly
Illinois would pump up now near-empty rainy day fund, pay more of its bills down, bolster scheduled pension contributions, and provide one-time tax relief under budget plans Gov. J.B. Pritzker laid out Wednesday. The state expects an additional $2.2 billion of revenue, about 5% of general funds, in fiscal 2022 and another $2 billion in
The bathroom is a very intimate place. In the very contradictory world of sexy technology countering the fear of hyper surveillance, the bathroom seems like the last and final place for the internet of things to hang its towel. So, it’s rare for homeowners to chat about what happens between the four walls of the
A real estate agent stands in the doorway as Giovani and Nicole Quiroz of Brooklyn, New York visit an open house in West Hempstead, New York. Raychel Brightman | Newsday LLC | Newsday | Getty Images Mortgage rates continued to surge higher last week, and that brought borrowers out of the woodwork, looking to refinance.
The Wormhole token bridge experienced a security exploit today, resulting in the loss of 120,000 wETH tokens ($321 million) from the platform. Wormhole is a token bridge that allows users to send and receive crypto between Ethereum, Solana, BSC, Polygon, Avalanche, Oasis, and Terra without the use of a centralized exchange (CEX). This is the
In this article MSTR BTC.CM= Tighter government crypto regulations would actually be a positive catalyst for bitcoin, MicroStrategy co-founder and CEO Michael Saylor told CNBC on Wednesday. “Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and accelerate institutional adoption of that asset,” Saylor said on “Squawk on the Street,” stressing as
In this article QRVO SPOT ALGN QCOM FB A smartphone with Facebook’s logo is seen in front of displayed Facebook’s new rebrand logo Meta in this illustration taken October 28, 2021. Dado Ruvic | Reuters Check out the companies making headlines after the bell Wednesday: Meta Platforms — Shares of the Facebook parent plunged more
Washington state’s continuing fiscal stability earned it affirmation of its AAA rating and stable outlook from Moody’s Investors Service ahead of plans to sell $743.5 million in general obligation bonds competitively to fund a variety of projects. S&P Global Ratings and Fitch Ratings also affirmed AA-plus ratings with stable outlooks. The state’s tax revenues increased
Bitcoin (BTC) fell on the Wall Street open on Feb. 2 as another tech stock rout panicked traders. Bitcoin: “Macro FUD is driving all” Data from Cointelegraph Markets Pro and TradingView tracked BTC/USD as it dipped below $38,000 as Wall Street began, giving back half of the gains secured on Monday. At the time of writing,
A Tanzanian fintech startup revealed it has raised $10 million in its latest funding round and is planning to use the funds to finance an expansion into other African countries. Fintech Plans to Enter 12 More Countries by Year’s End The Tanzanian fintech behind an app that enables payments from the U.K. to Africa, Nala,
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
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