Correction The job title of Alexander Vaisman and the number of members in California Muni Pride were incorrect in the original version of the story. June 10, 2021 2:48 PM EDT Correction The job title of Alexander Vaisman and the number of members in California Muni Pride were incorrect in the original version of the
Puerto Rico General Fund net revenues through March were 19% above Oversight Board projections for the first nine months of the fiscal year. The Puerto Rico Treasury Department reported the results Thursday. Net revenues for March came in 6.1% above the board’s original projection. Diners and shoppers in the Old San Juan neighborhood of Puerto
The pandemic has highlighted the importance of basic functional infrastructure, budget management and affordable housing to the vitality of cities. That’s the takeaway from the 2021 State of the Cities report released Thursday by the National League of Cities. Nearly 600 cities, towns and villages were surveyed along with 57 mayoral speeches that provided additional
Municipal bonds were mostly steady Thursday after a report showing an unexpectedly high increase in consumer prices pushed U.S. Treasuries and stocks higher. Yields on 10- and 30-year munis were firm on the AAA scales while the 10-year benchmark Treasury yield fell to 1.46%, its lowest level since March 4. For the 14th week in
As the fallout from UBS Puerto Rico closed-end fund losses soared past $100 million in arbitration settlements last month, a central figure in a drama still unwinding years later warns that something just like it could happen again. Jose G. Ramirez Arone, Jr. seems far removed from the man who was once one of UBS’
Credit Suisse has lost ground to rival banks in winning new business for its prime brokerage unit this year after suffering a $5.5bn loss on credit extended to Bill Hwang’s Archegos family office and pledging to scale back risk. The bank has won about 2.5 per cent of new hedge fund clients served by prime
Europe’s top banking regulator is pushing Deutsche Bank to find a successor to chair Paul Achleitner, who will leave in May 2022 when his second five-year term expires. The European Central Bank has repeatedly urged Germany’s largest lender to come forward with a clear succession plan in recent months, people briefed on the matter told
What Is a Gap? -When a stock ends the day at a certain level and then starts at a new level even though no trades took place. -Gaps are usually from one day to the next. -The reason is that something within the company or industry can change: earnings report, etc. -Weekly charts can also
The rate of Covid-19 vaccinations reported in the US rose for a fifth straight day, stemming a slide that had brought daily inoculations to levels last seen in January. The US budget deficit has exceeded $2tn in the first eight months of the fiscal year on the back of stimulus spending, however a change in
Understanding VIX contango and ETF leverage can save you a small fortune.
Luxembourgish is considered an endangered language by Unesco. It is almost only spoken in the Duchy of Luxembourg, a statelet with a population of 600,000, equivalent to the city of Baltimore. So bringing a drama in this language to the screen — any screen — might appear a supremely quixotic pursuit. But Claude Waringo tried.
The private capital industry has grown to more than $7tn thanks to demand for higher-returning but pricey and opaque strategies, spurring the likes of Schroders and JPMorgan to launch new divisions and sending others on the prowl for acquisitions. Although still dwarfed by the traditional asset management industry — which primarily invests in mainstream, public
No, not the band ‘Iron Butterfly’. But the options strategy. Quite possibly one of the best strategies for a sideways market.
As per your requests David will take us through a review of Fibonacci Retracements – one of the most common and trusted indicators used by Forex and stock traders alike. Based on the work of an 11th century mathematician and found in many places in nature, this method has a loyal and numerous following. But
Trading 212 shows you how to identify reversals with pin bars. We guide you through what constitutes a valid pin bar setup and detail the three best ways to enter and exit your position when trading pin bar reversals. Learn how to trade reversals for free with virtual money: https://www.trading212.com/en/Free-FOREX-Practice-Account-GBP/ At Trading 212 we provide
Onchain data indicates that bitcoin transactions per day have plummeted to lows not seen since October 2018. Further, bitcoin transaction fees have dropped 93% after touching a high of $62 per transaction in April 2021. Bitcoin Daily Transaction Rate Dips by 35%, Google Trends Data Shows Interest Has Dropped Since May While bitcoin (BTC) prices
Switzerland-based 21shares announced it’s going to offer its crypto exchange-traded product (ETP) to institutional investors in Britain. The platform said the aim is to provide U.K. investors with exposure to bitcoin without the need to deal with crypto custody and security. New Bitcoin ETP to Be Offered on London-Based Aquis Exchange The 21shares bitcoin ETP
sponsored The Internet was once a bastion of freedom and was hoped to bring economic power to everyday people. These days a few centralized platforms such as Google, Facebook and Amazon dominate the online world, deciding what we can and cannot say, while keeping all the value for themselves. In an upcoming 4-session live event
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, bank transfers remain the scammers’ favorite way to extract money. Australians Lose $670 Million to Scammers in a
On Monday, the San Francisco-based retirement plan provider for small to medium-sized businesses, Forusall, announced the launch of an alternative 401(k) plan that offers in-plan cryptocurrency access. According to the alt 401(k) investment option, Forusall is working with Coinbase Institutional as its retirement plan partner. Forusall and Coinbase’s Institutional Arm Offer Crypto-Infused Alt 401(k) Plan