Bitcoin (BTC) has been struggling to sustain the $47,500 support since the Dec. 4 crash, a movement that wiped out over $840 million in leveraged long futures contracts. The downside move came after the emergence of the Omicron variant of the Coronavirus and recent data showing U.S. inflation hitting a 40-year high. Bitcoin/USD price at
admin
Quincy, Massachusetts, is planning a $475 million pension obligation bond sale for Tuesday that is projected to fully fund its retirement system. City officials say they are getting out front of a state directive for its municipalities to reach full pension funding by 2037 and borrowing while interest rates are still low. Ramirez & Co.
In this article QUOT SDI Productions | E+ | Getty Images Company: Quotient Technology, Inc. (QUOT) Business: Quotient Technology operates as a digital media and promotions technology company that offers power integrated digital media and promotions programs for brands and retailers. The company operates through two segments: (i) Promotions segment, which offers digital coupons and
In this article AMCX Shopping carts are lined up in front of a Costco store on February 25, 2021 in Inglewood, California. Mario Tama | Getty Images Check out the companies making headlines in midday trading Friday: Costco — Costco shares rose more than 6% after the warehouse retailer posted its latest quarterly numbers a day
Crypto trading platform AscendEX suffered a loss of $77.7 million in a hot wallet compromise that allowed hackers to access and transfer tokens hosted over the Ethereum (ETH), Binance Smart Chain (BSC) and Polygon (POLY) blockchains. Soon after realization, AscendEX proactively warned its users about the stolen funds, confirming that the hackers were not able
Rita Jenrette scandalized Washington in the 1980s when, as the wife of a disgraced congressman, she posed for Playboy. After reinventing herself as a New York real estate broker and eventually marrying into Italian nobility, she’s now saying arrivederci to the historic villa that’s been in her late husband’s family for 400 years. Seated in
Poorer neighborhoods are hotter than wealthier ones. That’s the overriding finding from the New York City component of a national project to map urban heat islands. Scientists have long known that urban areas generate heat, but until now they’ve not been able to map them street by street. On a searing summer day in New
Amid rising prices, supply chain disruptions and labor shortages, governments are increasingly eying so-called progressive development agreements, or PDAs, as a way to minimize uncertainties as they embark on complex infrastructure projects. The move can reduce risks and costs and deliver a project faster, said Moody’s Investors Service analyst John Medina. “Construction costs are very
The author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says a crash and a depression are coming, predicting that “Gold, silver, bitcoin, real estate will crash too.” He added that he is getting ready to buy all four types of investments after the crash. Robert Kiyosaki Predicts a Crash Is Coming Robert
Chicago wrapped up the pricing on $1.45 billion of refinancing bonds Thursday after structural tweaks and a $1 billion tender and exchange allowed the city to scale back on the deal’s size and still meet a $250 million savings target. A look at the 10-year in the tax-exempt pieces showed spreads narrowed sharply from the
Why do crypto traders “buy the rumor, sell the news”? Simple. Because whispers of exchange listings or big-name partnerships reach very few people… while an article in Cointelegraph can reach hundreds of thousands of crypto enthusiasts in seconds. While insiders are quietly amassing tokens on rumors, the rest of us are completely ignorant of what
Federal Reserve Chairman Jerome Powell attends the House Financial Services Committee hearing on Capitol Hill in Washington, U.S., September 30, 2021. Al Drago | Reuters In the coming week, the Federal Reserve could decide to speed up the end of its bond-buying program and signal that 2022 is the year it expects to start hiking
The fan token market has been growing in value this year, surging around $157 million in terms of total market capitalization since June. According to data from major fan token website FanMarketCap, the market cap of all fan tokens is estimated to amount to slightly over $417 million at the time of writing. This is
This Gordon Kaufmann-designed home on L.A.’s Westside has deep roots in local history. One of the first properties ever built in Bel-Air, the trophy estate dates to the 1920s when contracting and engineering company owner Arthur S. Bent and his wife Eliza commissioned the architect to design their new home. At the time, the London-born
David Paul Morris/Bloomberg via Getty Images Inflation grew at its fastest clip in almost four decades last month — and rising costs are hitting the biggest areas of household budgets. Inflation measures changes in the price consumers pay for goods and services. It jumped 6.8% in the year through November 2021, the largest annual spike
Turmoil at the Los Angeles Department of Water and Power, including a former general manager’s guilty plea to felony bribery, should not affect its Kroll Bond Rating Agency ratings. LADWP holds Kroll’s AA-plus rating on its water system revenue bonds and AA on its power system revenue bonds. The outlook on both ratings is stable.
Municipal bonds were steady for the eighth straight session Friday as U.S. Treasuries were slightly better and stocks rose after Consumer Price Index data came as expected, though the highest since 1982. “U.S. stocks rallied after the latest inflation report did not come in as hot as many were expecting. Wall Street did not see
In this article .DJI CNBC’s Jim Cramer said Tuesday the market’s snapback has taken many investors off guard, and it’s being fueled by the rush to get back into stocks as emerging evidence indicates that the omicron Covid variant might not be as serious as first thought. “I think this caught a lot of people
The Oracle logo is displayed on the exterior of Oracle headquarters on December 09, 2021 in Redwood Shores, California. Justin Sullivan | Getty Images Check out the companies making headlines in after-hours trading. Oracle — Shares of Oracle jumped 6.5% after reporting earnings and revenue beats for its fiscal second-quarter. Oracle brought in $1.21 per share
San Miguel de Allende in central Mexico is often associated with baroque architecture, a historic central core and captivating city views. This country home, set on 10 acres about 8 kilometers or 5 miles from the city, offers a different perspective. The gated hacienda near the tiny town of Loma de Cabras takes in the