UK prime minister Boris Johnson, his wife Carrie Johnson and chancellor Rishi Sunak have been issued with fines as part of an investigation by the Metropolitan Police into breaches of Covid-19 rules in Downing Street and Whitehall during the pandemic. The force said on Tuesday that more than 50 fines had been issued. Downing Street
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A bill to restore fiscal independence to Puerto Rico on an expedited pace was introduced in the House and stands a good chance of passing, analysts said. The Territorial Relief Under Sustainable Transitions for Puerto Rico of 2022 bill would eliminate the Congressionally mandated Financial Oversight Board when Puerto Rico provides two consecutive balanced budgets
Triple-A benchmarks were cut up to nine basis points to start the holiday-shortened week ahead of a smaller new-issue calendar, while long U.S. Treasuries hit three-year highs and equities sold off on inflation concerns. Triple-A yields continue to rise, with the two-year muni just below 2%, the five well above and the 10-year approaching 2.5%.
Bitcoin (BTC) and most major altcoins have broken key support levels to start the week on a weak note. The crypto markets seem to be following the U.S. equity markets lower which are being pulled down as investors reduce exposure to risky assets because of rising rates. Arthur Hayes, ex-CEO of derivatives giant BitMEX, said
Protocols in the Cosmos ecosystem have seen a significant amount of growth in 2022 due to the intensifying focus on blockchain interoperability and compatibility with the Ethereum network. One protocol that has seen a buildup in momentum since the middle of March is Kava, a project that is developing a co-chain architecture for the Cosmos
In this article SHOP-CA The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, September 28, 2018. Chris Wattie | Reuters Ecommerce start-up Shopify said Monday it is planning a 10-for-1 stock split, while seeking shareholder approval for a “founder share” for its CEO Tobi Lutke to increase his voting power. Upon
Catherine Wood, chief executive officer of ARK Investment Management LLC, applauds during the Bitcoin 2022 conference in Miami, Florida, on Thursday, April 7, 2022. Eva Marie Uzcategui | Bloomberg | Getty Images Exchange, the biggest ETF conference in the world, starts Monday in Miami Beach. It’s both good times, and difficult times for the exchange-traded fund
A customer selects food from a freezer at a supermarket on January 12, 2022 in New York City. Liao Pan | China News Service | Getty Images Consumer price inflation in March is expected to have risen the most since December 1981, driven by higher food costs, rising rents and runaway energy prices. The consumer
Rolling Hills is a bucolic luxury community set behind gates on the Palos Verdes Peninsula, about 26 miles from downtown Los Angeles. Known for equestrian estates and a rural atmosphere, the city has various microclimates that are ideal for growing grapes. The sprawling single-story home contains 6,200 square feet of living space. Hilton & Hyland
Anchiy | E+ | Getty Images Many individual investors often look at public markets like they are the only game in town to make money and meet their financial goals. But with lofty valuations of public companies and depressed bond yields, the traditional 60/40 stock-to-bond portfolio has been thrown to the wayside, so the next
On-chain shows Bitcoin miner outflows have been elevated recently, suggesting miners were involved in the recent selloff that took the price of the crypto below $42k. Bitcoin Miner Outflows Spiked Up Before The Crash Below $42k As pointed out by an analyst in a CryptoQuant post, BTC miners seem to have been one of the
Signs that Russia is nearing a significant new offensive in eastern Ukraine mounted on Monday as US defence officials reported that troops withdrawn from Kyiv and the surrounding areas were being resupplied and reinforced by the Kremlin for redeployment in the Donbas region. Although Ukrainian officials have reported escalating Russian bombing in the region already
Milwaukee-based attorney Frank DeGuire returned to his legal roots this week at Quarles & Brady LLP to work in the public finance and business law practices. DeGuire will serve as bond counsel for a range of tax-exempt and taxable financings for the state and local governments, non-profit corporations including conduit and qualified private activity bond
The District of Columbia is coming to market on Tuesday with its first public-private partnership issue, a largely tax-exempt municipal green bond deal boosted by a provision in the Infrastructure Investment and Jobs Act. The District Department of Transportation’s “Smart Street Lighting Project” will convert D.C.’s network of more than 75,000 streetlights into energy-efficient LED
In this article NFLX SPOT ZS AAPL DIS The Spotify logo hangs on the facade of the New York Stock Exchange with U.S. and a Swiss flag as the company lists its stock with a direct listing in New York, April 3, 2018. Lucas Jackson | Reuters Stocks were volatile in the past week as
In this article KR DBI WDFC HOOD SAVE BIIB Check out the companies making headlines before the bell: Biogen (BIIB) – Biogen fell 1% in premarket trading after the government announced that Medicare will limit coverage for Aduhelm, Biogen’s Alzheimer’s disease treatment. Coverage will only be provided for patients enrolled in clinical trials. Spirit Airlines
Architects George Washington Smith and Lutah Maria Riggs did much to shape the architecture of coastal Santa Barbara, California. Smith helped popularize the Spanish Colonial Revival style in the region in private homes and public buildings that are now National Historic Landmarks. Riggs – who would go on to become an architect in her own
gradyreese / Getty Looking for an apartment or house to rent can be stressful. Rental prices have rebounded well above their pandemic lows and are now among the major inflation pain points for American consumers, along with food and gas prices. Several factors have contributed to the rising rents, including low housing inventories. It is
Bitcoin (BTC) dropped from a high of $47,200 on April 5 to a low of $42,107 on April 8, indicating possible selling by short-term traders who may have preferred to lock in their profits. However, the price action is still stuck in a tight range during the weekend, indicating that supply and demand are in
Emmanuel Macron and his far-right rival Marine Le Pen will face each other in the second and final stage of the French presidential election on April 24 after beating the other candidates in the first round of voting on Sunday, according to early estimates. Macron won 28.6 per cent and Le Pen 24.4 per cent