The Puerto Rico House of Representatives voted to end the commonwealth’s contract with LUMA Energy — under which it handles the electrical transmission and distribution grid — in the aftermath of a several-day long blackout. The House voted 29-16 with one abstention for the measure Tuesday. Members of the pro-statehood New Progressive Party provided the
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One of the main narratives of hope for cryptocurrency investors is that there will be a major shift in public perception that sparks a new wave of capital from retail and institutional traders. Unfortunately for these hopeful bulls, data indicates that they opposite has occurred for nearly a year, a fact evidenced by the declining rate
In this article CSX TSLA CVNA UAL LRCX An aerial view shows the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Check out the companies making headlines after the bell: Tesla — Shares of the electric vehicle maker rose 4% in extended trading after a better-than-expected
For 100 years, the grand brick and limestone apartment buildings of Park Avenue, Fifth Avenue, and Central Park West telegraphed an aura of New York City power and prestige. Their beautiful marble and terrazzo lobbies whispered of privilege. Being acknowledged as worthy by the co-op boards who held sway over these properties and creating a
New York State Attorney General Letitia James in New York City, November 19, 2019. Lucas Jackson | Reuters Former President Donald Trump asked a judge to reject New York Attorney General Letitia James’ bid to hold him in contempt for allegedly failing to comply with a subpoena as part of a civil investigation into his
Data shows the weekly average Bitcoin trading volume has stabilized around the same lows as July 2021 as market activity remains low. Bitcoin Trading Volume Has Stayed Low In Recent Weeks According to the latest weekly report from Arcane Research, the BTC trading volume has sunk down to July lows recently. The “trading volume” is
US stock futures dropped and Treasuries extended their losses, following disappointing earnings from Netflix and further signs that the Federal Reserve will raise interest rates aggressively to curb inflation. Contracts tracking Wall Street’s technology-heavy Nasdaq 100 index were down 1 per cent during the early European morning after Netflix said its decade-long run of subscriber
The Internal Revenue Service has closed its audit of the San Diego County Regional Airport Authority’s Series 2013B bonds with no change to the tax-exempt status of the securities. The bonds in question were part of an issuance of $379.6 million of senior airport revenue bonds, divided up between a Series 2013A of $107.3 million
Municipals sold off Tuesday, with triple-A benchmarks seeing cuts up to 11 basis points and the 30-year topping 3% on some scales. U.S. Treasuries were weaker, experiencing double-digit cuts on the short end, and equities rallied. Triple-A muni yields rose nine to 11 basis points, depending on the scale, while UST yields rose 10 to
Everyone knows the Metaverse is coming, but no one knows what it will be like. At present, people say it’s clunky and difficult to use and are waiting for further development. Are brands just jumping on a PR bandwagon in hyperspeed? Is this the future? Is it a place or a time that is coming?
STEPN (GMT), a so-called “move-to-earn” token using the Solana (SOL) blockchain, has soared incredibly since its market debut in March. GMT’s price jumped from $0.01 on March 9 to a record high of $3.45 on April 19 — a 34,000% upside move in just 41 days (data from Binance). Its massive uptrend appeared primarily due
Gold House Gold House Megan Ruan knows firsthand how representation can impact funding for entrepreneurs. She recalled being the only woman of color working at a family office earlier in her career and running a portfolio of venture investments. “I saw the decisionmaking and how it differed between the people that were check-writers at these
Fans gather at the Netflix booth at a trade show. Mike Blake | Reuters Check out the companies making headlines after the bell: Netflix — Shares of the streaming giant plummeted 25% after reporting a loss of 200,000 subscribers in the first quarter. It marked the first time Netflix reported a loss in subscribers in
With the white-hot real estate market and so many people moving from place to place, making a house feel like a home can be challenging. Previous owners may leave but pieces of them remain from their overall sense of style, to their paint color preferences and sometimes even furniture. While renovating changes those things, cleansing
An aerial view of the grounds of Villa Firenze in Beverly Hills, California. Concierge Auctions When high-priced mega mansions for sale languish on the market — sprawling, flashy and unable to attract a buyer — some owners turn to a double-edged option: a real estate auction. The auction block can move trophy properties with nosebleed-worthy
On this week’s show, Cointelegraph’s resident experts reveal exactly what percentages of their portfolios are allocated to what coins and why. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook for the next few months? Pechman is
Netflix shares fell more than 20 per cent on Tuesday after it warned its decade-long run of subscriber growth had ended in the first quarter and admitted that it is becoming “harder to grow membership” in many markets. The streaming pioneer also warned that the number of subscribers would fall by another 2mn in the
Los Angeles Mayor Eric Garcetti emphasized climate change, infrastructure and the homelessness crisis in his final State of the City speech as he foreshadowed the 2022-23 budget he releases this week. His choice of venue for his speech Thursday, the nearly complete Sixth Street Viaduct replacement project, underscored the infrastructure theme. Garcetti said he plans
Jerome Powell wants to put the Federal Reserve at “the forefront of technological changes” in the financial sector. The central bank is beefing up its tech acumen to get there. Calling it imperative to “evolve with the rest of the financial system,” the Fed chair said during an event hosted by the Bank for International
In this article MS In this photo illustration, the Twitter logo is displayed on the screen of an iPhone in front of a computer screen displaying Twitter logos. Chesnot | Getty Images Check out the companies making headlines in midday trading. Twitter — Shares rose 3.4% after Twitter announced Friday that the board adopted a