China’s strengths as a cyber power are being undermined by poor security and weak intelligence analysis, according to new research that predicts Beijing will be unable to match US cyber capabilities for at least a decade. The study, published on Monday by the International Institute for Strategic Studies, comes as a series of hacking campaigns
Institutional exposure to cryptocurrencies via derivatives continued to grow in the second quarter, as CME Group’s newly launched Bitcoin (BTC) micro contract received considerable uptick in its first two months of trading. Since launching on May 3, CME’s Micro Bitcoin futures contract has already surpassed 1 million contracts traded, the Chicago-based derivatives market announced earlier
Municipal securities dealer groups said Friday they are opposed to the creation of a $20 billion Infrastructure Financing Authority as part of a $1.2 trillion bipartisan infrastructure framework announced Thursday. Other public finance groups have varying positions. National Association of Counties spokesman Paul Guequierre said in an email, “Counties support federal investments in infrastructure using
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Zillow home page Source: Zillow Investors looking for stock ideas into the second half of 2021 may want consider some of these fresh ideas. These are stocks that Wall Street analysts believe are primed to surge over the long run and offer good value now. The names highlighted in this article not only fit the
Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike reported quarterly earnings of 93 cents per share, well above the 51 cents a share consensus estimate. Revenue beat forecasts by a wide margin and exceeded $12 billion for the first time. Nike benefited from pent-up demand for its
Perhaps for the average person from Switzerland, the charms of small Alpine villages like Grimentz are found in daily life—but for those from the rest of the globe, the sun-blackened granaries, the rustic barns, and a hushed, ambling brook lined with centuries-old waterwheels will seem so timeless and unreal that it’s as if the setting
Many things have been in short supply during the coronavirus crisis, and that includes housing. When the country went into lockdown, Americans were on the move. The sudden shake up caused a spike in home prices. Even now, potential buyers continue to be shut out of the housing market as prices head higher and higher.
The U.S. core personal consumption expenditure (PCE) price index increased 0.5% in May, below market estimates of 0.6%. However, when compared year-over-year, the PCE index surged to 3.4% recording its largest gain since 1991. While the U.S. Federal Reserve expects inflation to be transitory, analysts at BofA differ in their estimation. The bank anticipates U.S.
Altcoin traders and investors should look for cover if Bitcoin (BTC) undergoes major price declines. So believes Filbfilb, an independent market analyst and co-founder of Decentrader trading suite. In a tweet published late Friday, the pseudonymous entity said a 30% crash in the Bitcoin market could prompt altcoins to drop twice as harder. When Bitcoin
Municipals called it a summer Friday with the secondary lightly traded and benchmarks little changed, even as U.S. Treasury yields rose, munis took a break from the relative volatility since the FOMC meeting midmonth. After a week and change of underperformance to U.S. Treasuries, where ratios moved higher for the first time since early in
The UK’s financial watchdog has ordered Binance to stop all regulated activities in Britain and imposed stringent requirements in a stinging rebuke of one of the world’s biggest cryptocurrency exchanges. The intervention by the Financial Conduct Authority in recent days is one of the most significant moves any global regulator has made against Binance, a
Iranian authorities have so far authorized 30 facilities for cryptocurrency mining. The crypto mining farms are spread across several regions, including Tehran Province. The government has put out the data amid a crackdown on illegal miners in the country. A Third of Authorized Mining Farms Are Based in Two Provinces The Iranian Ministry of Industries,
Puerto Rico’s government may soon adopt a 24% increase in the island’s minimum wage, with local observers saying it would raise costs for businesses and actually cut employment participation. On Tuesday the Puerto Rico Senate approved a bill raising the minimum wage to $9 per hour from the federal $7.25 per hour. The Puerto Rico
In order to really hone in and understand what a portfolio is, let’s take a look at a business example so we took a look at a regular business and how that business can look at its inventory as a portfolio. For example, if we start breaking the business down into a few segments, you’ll
Todd Bunton, CFA, Growth & Income Stock Strategist at Zacks Investment Research, discusses a stock that might be worth a closer look by investors: Omega Healthcare Investors (OHI). This healthcare REIT is a dominate player in the skilled nursing facility space. It recently delivered a solid ‘beat and raise’, prompting analysts to revise their estimates
In this article SPCE VSS Unity is released from carrier aircraft VMS Eve during the launch of its third spaceflight on May 22, 2021. Virgin Galactic Virgin Galactic announced on Friday that the Federal Aviation Administration granted the company the license it needs to fly passengers on future spaceflights, a key hurdle as the venture
Virgin Galactic SpaceShipTwo spacecraft Unity during a glide flight test in New Mexico. Virgin Galactic Virgin Galactic — Virgin shares soared more than 36% after it announced the Federal Aviation Administration has given it the green light to fly paying customers into space. It’s the first such license approved by the FAA. The company has
Horse ranches, expansive estates, premier vineyards, and boutique wineries define California’s Santa Ynez Valley. Located over the San Marcos Pass about 26 miles from downtown Santa Barbara, the rolling hillside landscapes of the region are dotted with vineyards, olive trees, Scrub oak, and early California-style architecture under impossibly blue skies. A population of around 23,000