In this article EBAY LHX MAT ALGN NOW CMG STX META Follow your favorite stocksCREATE FREE ACCOUNT Meta headquarters in Menlo Park, California, US, on Thursday, July 21, 2022. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Meta Platforms – Shares of Meta Platforms jumped nearly
Munis were steady to weaker in spots Wednesday, while U.S. Treasuries were firmer after the Fed hiked rates 25 basis points and signaled more may come this year. Equities ended the session in the red. The Fed just “delivered a 25bps hike and by holding firm to their data dependent rhetoric and are trying to
In 2018, Ethereum lead developer Fabian Vogelsteller contacted the community for a new standard for smart contracts he created alongside co-founder Vitalik Buterin. Dubbed ERC-20, Vogelsteller, at the time, only wished for input regarding the novel idea. Little did he know that ERC-20 would ignite a wave of initial coin offerings (ICOs) shortly after its
The Federal Reserve raised its benchmark interest rate by a quarter of a percentage point on Wednesday to the highest level in 22 years, as it wrestles with how much more to squeeze the US economy to bring inflation under control. The Federal Open Market Committee lifted the federal funds rate to a new target
A bigger basketball arena is being pushed by Oklahoma City’s mayor, who wants to put a plan that would include public and team funding before voters this year. Mayor David Holt spent most of his state of the city address last week laying out his case for replacing the city-owned Paycom Center, contending “no tax
Leon Neal | Getty Images News | Getty Images The Securities and Exchange Commission wants corporate America to tell investors more about cybersecurity breaches and what’s being done to fight them. Much more. The SEC is scheduled to vote today on rules that would require public companies to disclose “material” cybesecurity breaches within four days after
The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for the first time in four decades. As interest rates climb, economists say financial conditions are headed back to being more normal. related investing news Stocks,
Jameson Lopp has been on the front lines of the battle between technologists and those who want to preserve Bitcoin as it is since the scaling debates of 2015–2017. The topic arouses such passion that many suspect it was a disgruntled Bitcoiner opponent who called down an armed SWAT team to his home, leading him
Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images Mortgage rates didn’t move at all last week, and are still sitting near a recent high. With home prices continuing to rise, that pushed more potential homebuyers to the sidelines. Total mortgage application
NatWest chief executive Alison Rose has agreed to step down after she admitted to inaccurately briefing a BBC journalist about the closure of Nigel Farage’s bank account. Rose will leave with immediate effect, the bank said in a statement. Paul Thwaite, chief executive of the bank’s commercial and institutional business, will take over for 12
The interest rate on your mortgage determines your monthly mortgage payment as well as how much you’ll pay in interest. A good interest rate can save you thousands upon thousands of dollars over the life of your loan. However, this doesn’t mean that you should agree to a mortgage simply because the lender can offer
Municipals were little changed in secondary trading Tuesday as the focus was on the primary where the state of Washington sold large general obligation bond deals ahead of the FOMC rates decision. Treasury yields rose a basis point or two throughout most of the curve and equities ended the session in the black. The two-year
Ether price is down today, and several data points are beginning to suggest that further downside could be in store. On July 24, Ethereum (ETH) experienced a drop close to its monthly low, reaching $1,825, amid Bitcoin’s negative price action, as uncertainty loomed over macroeconomic conditions and a potential whale sell-off. Several on-chain and technical
The National Federation of Municipal Analysts has released best practices on Clean Water and Drinking Water State Revolving Funds, its first on the subject, which provides a roadmap for state and local governments as these investments become more essential to improving the infrastructure and quality of life around the country. “SRFs were selected because they
Cryptocurrency-friendly trading platform Robinhood is moving forward with plans to launch services in the United Kingdom with a new major local appointment. Robinhood has appointed former Barclays executive Jordan Sinclair as the new CEO to run its United Kingdom entity, according to data from the Financial Conduct Authority. According to FCA, Sinclair was approved by
A view of high-rise buildings is seen along the Suzhou Creek in Shanghai, China on July 5, 2023. Ying Tang | NurPhoto | Getty Images The Chinese economy could be facing a prolonged period of lower growth, a prospect which may have global ramifications after 45 years of rapid expansion and globalization. The Chinese government
US national security officials are scrutinising an Abu Dhabi sovereign wealth fund’s planned $3bn takeover of New York-based Fortress Investment Group amid concerns in Washington over the UAE’s ties to China, people close to the situation told the Financial Times. The review by the Committee on Foreign Investment in the United States, an inter-governmental agency
In this article CDNS NXPI FFIV WHR Follow your favorite stocksCREATE FREE ACCOUNT NXP Semiconductors Source: nxp.com Check out the companies making headlines in extended trading. Cadence Design Systems — Shares fell 4% after the company posted its second-quarter results. Revenue in the company’s product and maintenance category came in at $922.8 million, compared to
The Massachusetts Department of Transportation’s executive board last week approved a $15.7 billion capital plan for 2023 to 2028. Approximately 60% of capital spending called for is “focused on improving the reliability and resiliency” of the existing infrastructure, MassDOT chief Gina Fiandaca wrote in an introduction to the plan, with an additional 23% going towards
Worldcoin (WLD), the native token of the “privacy-preserving digital identity (World ID)” project founded by OpenAI co-founder Sam Altman, soared after listing on major crypto exchanges on July 24. At the time of writing, WLD trades at $2.22, reflecting a 33% gain on the day. Despite criticism from nearly every corner of the crypto sector,