Chrissy Teigen and musician John Legend have sold an 8,520-square-foot home in Beverly Hills for $16.8 million. The seven-bedroom, nine-bathroom mansion has been on the market for a year. Listing agent Marshall Peck of Douglas Elliman, Beverly Hills, says a private-equity executive purchased the house. Joyce Rey of Coldwell Banker represented the buyer, who wants
teekid | E+ | Getty Images Although the national ban on evictions that’s been in effect for almost a year will expire tomorrow, there’s still time for struggling renters to apply for federal aid. Congress has allocated more than $45 billion in rental assistance to address the crisis, and only a sliver of the money
Bitcoin (BTC) and most major altcoins seem to be faltering near their respective overhead resistance levels. This suggests that some investors are continuing to sell at higher levels. However, 21st Paradigm co-founder Dylan LeClair said that on-chain data shows “big transfer volumes from over-the-counter (OTC) desks over the last week.” Cointelegraph also recently highlighted a
Triple-A benchmarks were little changed on Friday while U.S. Treasuries ended the week stronger amid mixed economic data. Muni participants await a new month with growing issuance, but perhaps not quite enough as issuers are hesitant to add more debt before final word from Washington on infrastructure. The net negative supply likely will keep interest
China-based companies will have to disclose more about their structure and contacts with the Chinese government before listing in the US, the Securities and Exchange Commission said on Friday. Gary Gensler, the chair of the US corporate and markets regulator, has asked staff to ensure greater transparency from Chinese companies following the controversy surrounding the
As climate change accelerates, electric grids are expected to experience severe weather events that are well beyond the historical conditions for which they were built. In this session, moderator Donald J. Gonzales, senior managing director of the San Antonio office of Estrada Hinojosa & Co., Inc. is joined by panelists Chris Jumper, director of Assured;
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. It was a tumultuous week in China outside the financial world with severe flooding hitting Zhengzhou and typhoon In-Fa lashing into cities around
A worker hoists a flight chain at the Calder Brothers’ facility in Taylors, South Carolina, U.S., July 19, 2021. Brandon Granger | Calder Brothers Corporation | Reuters The U.S. economy is now larger than it was before the pandemic, but its growth rate may have peaked this year at a much slower pace than expected.
Traders on the floor of the New York Stock Exchange, June 25, 2021. Source: NYSE We’re halfway through second-quarter earnings. The results not only continue to beat forecasts by a wide margin, but estimates for the third and fourth quarter — and now even for 2022 — are continuing to rise. And most say estimates
In this article AMZN SWKS GILD TMUS PINS A worker assembles a box for delivery at the Amazon fulfillment center in Baltimore, Maryland, U.S., April 30, 2019. Clodagh Kilcoyne | Reuters Check out the companies making headlines Thursday after the bell: Amazon — Amazon shares fell more than 6% in after-hours trading after the company reported its first
The Biden administration announced Thursday that it will permit a nationwide ban on evictions to expire Saturday, arguing its hands are tied after the Supreme Court signaled the moratorium would only be extended until the end of the month. According to The Associated Press, the White House said President Biden would have preferred to extend
In this article KIM Foot traffic at Kimco Realty‘s shopping centers has returned to pre-pandemic levels, CEO Conor Flynn told CNBC on Thursday. “Traffic is back to 2019 levels, and we have a real playbook now that we can follow thanks to all the lessons learned through the pandemic,” Flynn said on “The Exchange.” “We
Bitcoin (BTC) bulls are locked in a battle with bears in order to take control of the $40,000 level and dovish comments from U.S. Federal Reserve Chair Jerome Powell suggest that loose monetary policies will remain in place for the foreseeable future. Generally, the crypto ecosystem is “cautiously optimistic” about further price rises as the fallout
A cyberattack on the city of Oldsmar in Florida was a watershed moment in the changing nature of municipal cyber risk. Despite its failure, the attack demonstrated the growing frequency of these events and the serious risks they pose to public finance agencies. It also emphasizes that cyber events pose a financial risk that could
Amazon’s revenue rose in the second quarter but fell short of Wall Street’s lofty expectations, even though the ecommerce giant increased its overall profits by 50 per cent compared with the same period last year. Net income for the three months from April to June came in at $7.8bn, or $15.12 per diluted share, comfortably
Municipals were a touch weaker outside of 15 years Wednesday as U.S. Treasury yields rose after the Federal Open Market Committee minutes were released but pared back losses as the afternoon progressed and were back at Tuesday’s levels near the close. The tapering conversation continues, but Federal Reserve Board Chair Jerome Powell said the FOMC
The bitcoin rewards platform Lolli has announced the company has closed a $10 million Series A funding round on Wednesday. Lolli says the new financing will help the firm expand, hire and develop new partnerships. Lolli Raises $10 Million The New York-based Lolli has raised $10 million from investors, according to the company’s announcement on
Bitcoin (BTC) and most major altcoins are attempting to break above their respective overhead resistance levels, indicating the return of the bulls. Data from Bybt shows that the Grayscale premium has been climbing and reached -5.88% on July 27, its closest level to zero since May 25. This suggests that institutional investors may have again started
Yuriko Nakao | Getty Images The U.S. Marshals Service, one of the primary law enforcement agencies of the Department of Justice, has hired custodian Anchorage Digital for cryptocurrency seized or forfeited in various criminal cases. The Marshals Service has spent more than a year seeking a custodian and financial services provider for its stockpile of
The 20th anniversary of the 9/11 tragedy is less than two months away. There will be many commemorations, many reflections on how downtown New York and the country has changed since then. But for the people who lived and worked downtown during that time and are still with us, this is also time to take