Janet Yellen has warned that the US Treasury will run out of cash next month unless Congress increases the borrowing limit, as Joe Biden’s administration grows increasingly worried about a possible debt default. In a letter to congressional leaders on Wednesday, the US Treasury secretary said she could not offer “a specific estimate” of when
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Today we’ll talk about Iron Condors vs Butterflies when it comes to option trading. Are they useful and effective? Do they really work? Can you actually make money with them? which one should you use? These are some of the questions we’ll answer in this episode. We’ll also talk about the differences between iron condors
Positive Stories for This Solar and Cloud Based Company.
Municipals were little changed to a touch weaker out longer Tuesday, outperforming U.S. Treasuries, which saw yields rise as much as five basis points, while equities were mixed on the day. Ratios fell slightly out longer with the municipal to UST 10-year ratio at 70% and the 30-year at 77%, per Refinitiv MMD. The 10-year
The crypto market is back to major price swings followed by a Bitcoin (BTC) price crash on Tuesday, the day the largest cryptocurrency became legal tender in El Salvador. But it was not unexpected for many crypto veterans, including Galaxy Digital CEO Mike Novogratz. Speaking to Bloomberg, the billionaire Bitcoin bull said that crypto is
Melissa Norcia was appointed the chief administrative officer for the California State Teachers’ Retirement System on Tuesday. Norcia starts September 15 and replaces Lisa Blatnick, who became CalSTRS chief operating officer in August. CalSTRS was established by law in 1913 to provide retirement benefits to California’s public school educators from prekindergarten through community college. Today,
An executive with responsibility for Apple’s secretive car project has left for Ford in a stinging departure that potentially spells the end of the iPhone maker’s automotive ambitions. Doug Field, who joined Apple in 2018 as vice-president for special projects from Tesla, will become Ford’s chief advanced technology and embedded systems officer with immediate effect, the
The CEO of the investment firm running the world’s biggest bitcoin fund sounded off on comments made by Securities and Exchange Commission chair Gary Gensler about the likely approval path for the first U.S. bitcoin ETF. Michael Sonnenshein, CEO of Grayscale Investments, warned on Tuesday that the SEC would be making a mistake if it
In this article PPG MRK SPOT MTCH Mario Tama | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Spotify — The streaming company saw shares rise 2.8% after KeyBanc upgraded Spotify to overweight from sector weight. The firm said in a note to clients that the company was
This French Provincial chateau in Toronto, Ontario, looks as though it could easily be set in the south of France. Yet it’s an ocean away — across the street from the Toronto Botanical Garden in a North York community known as The Bridle Path. Once farmland, the leafy upscale neighborhood is today sown with gated
Westend61 Forty-eight percent of renters worry they won’t be able to buy a home during their lifetimes, according to a new Lending Tree survey. That concern is largest among renters in Generation X (41 to 55 years old) and millennials (25 to 40 years old). To that point, 55% of Gen X renters and 52%
A look at two more stocks for your aggressive growth stock radar screen. Synaptics: https://www.zacks.com/stock/quote/SYNA?cid=CS-YOUTUBE-FT-VID NeoPhotonics: https://www.zacks.com/stock/quote/NPTN?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
As California coastal cities look for methods to avert the harsh realities of the state’s second drought in a decade, desalination has returned as a hot topic. In San Diego County, the drought makes the argument that the controversial choice to build a coastside desalination plant was correct. The Claude “Bud” Lewis Carlsbad Desalination Plant
FTX, a spot and cryptocurrency exchange, announced the launch of an NFT marketplace on its trading platform today. According to the information provided by CEO Sam Bankman-Fried, the marketplace will be available both for customers in the U.S. and in other locations. FTX is likely trying to capitalize on the popularity of these instruments, which
Bitcoin (BTC) has been the uncontested cryptocurrency market leader since its creator launched the digital asset in 2009 and to date, it continues to be the dominant force in the industry. This truth was put on display on Sep. 6 when BTC price rose to the $52,000 level and ignited a market-wide rally that lifted
Chicago’s finance team dug in this week on it plan to scrap $950 million of scoop-and-toss borrowing amid pushback from council members who want the city to put more federal COVID-19 pandemic relief toward social investments. Several council members pressed Mayor Lori Lightfoot’s finance team to consider some limited form of debt restructuring to free
Germany has accused Russia of launching a spate of cyber attacks on politicians amid suspicions that Moscow is interfering in this month’s election to decide who succeeds Angela Merkel as chancellor. Germany’s foreign ministry said it held Russia responsible for illegally targeting a number of national and regional politicians with “phishing” emails to gain access
A Solid Retailer and a Leader in Technologies for Glass Products.
A dog sits in front of the New York Stock Exchange (NYSE) during Chewy Inc.’s initial public offering (IPO) in New York, U.S., on Friday, June 14, 2019. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Five Below — The retail stock tumbled more than 10% after the
Bitcoin’s (BTC) market capitalization is nearing the $1 trillion mark and several altcoins have also been rallying hard in the past few days. This has driven the Crypto Fear and Greed Index into the extreme greed territory where the range fluctuates between 79 and 100. Generally, tops are made when the index hits around 95,