A sale pending sign is posted in front of a home for sale in San Anselmo, California. Justin Sullivan | Getty Images The pandemic-induced housing boom may not be over quite yet. Despite recent months of softening sales, buyers came back remarkably strongly in May. Pending home sales, a measure of signed contracts on existing
Bitcoin (BTC) price continues to trade in a predictable range which has given traders confidence in trading altcoins and DeFi tokens. This translated to a 110% rally in the price of Alpha Finance Lab (ALPHA) over the past four days. Data from Cointelegraph Markets Pro and TradingView shows that since hitting a low of $0.30
The weekend rally in cryptocurrencies was led by Bitcoin (BTC) but this move was not supported by huge trading volumes. According to on-chain analysts at CryptoQuant, the low trading volume suggests that “whales are staying low without much action.” However, Bitcoin has successfully held the $30,000 support for two weeks, which suggests that accumulation is
After two decades of credit deterioration — with a brief reprieve about a decade ago that lifted the state’s ratings due to a recalibration of municipal credits — the pendulum shifted last week with a one-notch upgrade from Moody’s Investors Service. The upgrade gives the state more breathing room between investment grade and junk. It
Didi shares tumbled in pre-market trading on Wall Street, leading a decline in Chinese companies listed in New York following a clampdown by Beijing’s internet watchdog that rattled investors. Didi, which uses so-called American depository receipts to trade in the US, dropped 25 per cent in early dealings, a day after the Cyberspace Administration of
The amount of Bitcoin (BTC) held on exchanges has been declining steadily since mid-May, offering reassurance that the worst of the market selloff has passed. At current levels, Bitcoin’s exchange supply is at its lowest level since early January, according to crypto analytics firm Santiment. “The 6-month low is a promising sign, as it generally
The Puerto Rico Oversight Board on Wednesday approved a $10.1 billion budget crafted by the Puerto Rico local government for the first time in the board’s history. “The budget developed jointly by the governor, the legislature, and the Oversight Board is a significant achievement and an important step toward achieving fiscal responsibility and economic stability,”
A Software Intelligence and Social Education Company are Featured.
An aerial view of the company’s planned factory near Long Beach Airport in California. Relativity Space 3D-printing specialist Relativity Space is adding a second factory in Long Beach, California on the site of a former Boeing facility, where the company will move its headquarters and focus work on building fully reusable rockets. “This is really
Kyle Roberts fills up his gas tank at the Marathon gas station in Tampa, Florida, May 12, 2021. Octavio Jones | Reuters July fourth gasoline prices are expected to be the highest they’ve been for the holiday weekend in seven years, and they are forecast to rise even higher later in the summer. The national
Stanley Rosenbaum’s father owned 12 movie theaters in northern Alabama at a time when that was the premier entertainment for all – rich, poor, young, old: everyone went to the movies. Stanley himself was an intellectual who attended Harvard at 16, spoke five languages and became an English professor at the local college. In 1938,
Signage is seen outside of The Trump Building in New York City, New York, U.S., June 28, 2021. Andrew Kelly | Reuters The Trump Organization has been told to expect that criminal charges will be filed by Manhattan prosecutors against the company belonging to former President Donald Trump as early as Thursday afternoon, NBC News
Decentralized finance (DeFi) has emerged as one of the most promising real-world applications of blockchain technology, capable of reshaping the face of the global financial markets and transforming the way the average person manages their money. One DeFi focused project that has been gaining attention over the past week as the mainstream world slowly opens
Michigan drew a second dose of positive rating news in June as S&P Global Rating’s lifted its rating outlook to stable from negative as COVID-19 pandemic fiscal worries fade amid a brighter economic picture. S&P’s action Wednesday came as lawmakers approved the school aid portion of the state’s fiscal 2022 budget, and it followed Fitch
Oil prices jumped to the highest level in three years after Opec and its allies abandoned a decision over increasing oil production, as Saudi Arabia, Russia and the UAE struggled to reach a compromise. Opec+ oil ministers had been due to reconvene on Monday after failing to reach a deal at the end of last
EY, the multinational professional services network commonly known as Ernst & Young, has announced the company has contributed a set of tools for privately managing transactions on the Ethereum network. EY’s global media relations executive Joanna Hardy explained on Thursday how the company’s protocol helps ethereum transaction fees become more affordable and it enables the
The Port of Los Angeles received an outlook lift to positive from S&P Global Ratings as it marks the highest level of traffic experienced in the history of the 114-year-old port. S&P rates the port AA. The action affects $665.7 million of bonds, all fixed rate, with no commercial paper draws outstanding, according to the
In this article AMC GME Michael Burry attends the “The Big Short” New York premiere at Ziegfeld Theater on November 23, 2015 in New York City. Jim Spellman | WireImage | Getty Images “The Big Short” investor Michael Burry believes Reddit-favored meme stocks are set to crash like the dot-com and housing market bubbles of
Take a look at some of the biggest movers in the premarket: Virgin Galactic (SPCE) – Virgin Galactic shares soared 28.2% in the premarket after it announced that founder Richard Branson plans to be aboard a planned July 11 space flight. The flight would be 9 days before a scheduled Blue Origin flight would take
Casa Garita, a luxury residence set in the inland Mexico state of Guanajuato, holds more than a few surprises. The property is hidden behind a modest door on a street of historic homes in San Miguel de Allende’s lively Centro district. A step off the cobblestone and across the threshold reveals an elegant courtyard enveloped