Municipals were firmer Tuesday in a constructive secondary market while two large new-issues from the New Jersey Transportation Trust Fund Authority and the Commonwealth of Massachusetts led the primary. U.S. Treasuries were weaker, and equities ended down. Triple-A benchmark yields fell up to seven basis points on the short end, depending on the scale, while
Britain is poised to relax one of the biggest restrictions on the banking sector as part of “Big Bang 2.0”, the long promised liberalisation of post-Brexit financial services rules. The “ringfencing” of banks with retail and investment arms was introduced after the 2008 financial crash with the aim of reducing risk and preventing banking collapses.
Anchorage, Alaska, received two rating downgrades ahead of plans to sell $105 million in general obligation bonds competitively on Dec. 6. Fitch Ratings downgraded the city’s issuer default rating to AA from AA-plus Nov. 22, maintaining a stable outlook; and S&P Global Ratings downgraded the city to AA from AA-plus Nov. 23, maintaining a negative
Residential villas on the waterside of the Palm Jumeirah in Dubai on Feb. 24, 2022. Russians were always among the top 10 nationalities investing in Dubai property, according to Tahir Majithia, managing partner at Dubai-based Prime Capital real estate. Christopher Pike/Bloomberg via Getty Images Wealthy investors betting on luxury real estate would do best by
Crypto executives and politicians are becoming louder in their calls for crypto regulation as the aftermath of the FTX collapse continues to reverberate through the industry. In just the last 24 hours, the European Central Bank (ECB) president Christine Lagarde called regulation and supervision of crypto an “absolute necessity” for the European Union, while United
Municipals were better to start the week in constructive secondary trading while U.S. Treasuries pared back earlier gains to close the session mixed and equities ended in the red. Triple-A yields fell three to five basis points along the curve while UST were little changed to weaker by a basis point on the short end.
You’re probably not going to buy new countertops or floor coverings online to improve the wellness potential of your home, but there are plenty of purchases worth considering this Cyber Monday. Here are eight ideas to enhance the wellness potential of your kitchen, bathrooms and bedrooms — all easily purchased through your favorite websites: Kitchen
Rishi Sunak on Monday warned that the so-called “golden era” of UK relations with China was over, but he signalled his determination to engage with Beijing as he stopped short of describing the superpower as a “threat”. The new prime minister, in an implicit criticism of the pro-China policies of predecessor David Cameron, said there
House members led by Suzan Delbene, D-Wash., and Brad Wenstrup, R-Ohio, are urging House leaders to extend the 12.5% low-income housing tax credit allocation increase and lower the private activity bond requirement to 25% from 50% in a bid that responds to inflation as well as the affordable housing shortage gripping cities. That ask was
Web3 returns content rights to the author, enhances the security level, eliminates unfair censorship, ushers in transparency, automates the functioning of software and facilitates a creator economy. Thanks to the characteristics of Web3, businesses can take advantage of opportunities that are beyond imagination. Concepts like decentralization and permissionless cybersphere were just in sci-fi. Nonetheless, Web3
As it reels from the effects of what it termed a global economic downturn, the Nigerian digital asset exchange platform, Quidax, recently said it had laid off employees who constituted 20% of its workforce. Despite the layoffs, Quidax reportedly told its customers it is ‘not going anywhere, anytime soon.” ‘No Relationship With FTX’ The Nigerian
Estate agents “Sold” and “For Sale” signs outside residential properties in the Maida Vale district of London, UK, on Thursday, June 30, 2022. Bloomberg | Bloomberg | Getty Images Demand for U.K. residential properties has nearly halved following September’s government budget that spooked financial markets and toppled the prime minister, research Monday showed. The fiscal
Billionaire entrepreneur Elon Musk has confirmed that he intends to integrate payments into what he describes as Twitter 2.0 — “The Everything App” — fuelling a short-lived 19.4% price surge for meme-inspired cryptocurrency Dogecoin (DOGE). The new Twitter CEO revealed his plans in a Nov. 27 tweet to his 119.2 million followers, in which he
Are you struggling to understand what is the stock? How the stock market works? Or how you can make money from the stock market? In this video, I will share with you the basics behind how a company issues stock, how money is made in the stock market, and how you can profit from trading
Protests in Shanghai escalated on Sunday evening as police struggled to disperse large crowds who gathered in the city, part of a nationwide movement that poses one of the most brazen challenges to the Chinese Communist party’s authority in decades. The unrest began on Saturday night and centred on a road named after the Chinese
In this article COST MRVL NVDA Follow your favorite stocksCREATE FREE ACCOUNT Jensen Huang, CEO of Nvidia, shows the NVIDIA Volta GPU computing platform at his keynote address at CES in Las Vegas, January 7, 2018. Rick Wilking | Reuters Even though the holiday week ended on a positive note for stocks, more volatility is
We have seen the oil and materials stocks get killed by the Saudis. Think of it from their perspective. They think they have a great ally in the USA. Then, the USA makes a deal with the Iranians. Oil will flow from Iran now, and the USA is production shale oil using new technologies. Then,
New York City mayor Eric Adams is still focused on making New York a crypto hub, but he believes that goal can be combined with statewide efforts to curb environmental costs related to crypto mining, according to reports on Nov 25. The comments follow the new law signed by New York governor Kathy Hochul, banning proof-of-work
Emily Dickinson was born December 10, 1830; the coming anniversary will mark her 193rd birthday. Few 19th century women have had her staying power. Little known during her life, she is regarded as one of the greatest figures of American letters who wrote 1,800 poems that continue to hold our attention and evoke our admiration.
Elon Musk’s tumultuous reign at Twitter has led to a damaging rift with top brands and marketers, with the social media company’s $5bn-a-year advertising business hit by tensions over content moderation and resources. Multiple top advertising agencies and media buyers told the Financial Times that nearly all of the big brands they represent have paused