Munis rallied Wednesday as outflows lessened and U.S. Treasury yields fell in lockstep even as minutes from the Federal Open Market Committee meeting showed participants agreeing rate cuts are not expected in 2023. Equities ended up. Triple-A benchmark yields were bumped four to 15 basis points, depending on the curve, while U.S. Treasury yields fell
The Municipal Securities Rulemaking Board is now accepting applications for four positions on its board of directors for the 2024 fiscal year and will be accepting applications until Feb. 6. The board will elect two public members and hopes that one of them will be an investor in municipal securities, either institutional or retail. The
The fundamental aspects of Bitcoin (BTC) continue to power global financial inclusion, financial privacy and autonomy in conflict-affected nations despite difficult macroeconomic and cryptocurrency market conditions over the past year. These are the key takeaways of an in-depth interview with Prince Philip of Serbia and Yugoslavia conducted by Cointelegraph Brasil’s Cassio Gusson as 2023 gets
Rishi Sunak on Wednesday outlined five promises on which he wants the public to judge him at the next general election, including growing the UK economy and cutting NHS waiting lists. In his first big domestic policy speech as prime minister, Sunak said he wanted to deliver “peace of mind” to a country confronted by
In this article 9961-HK BIDU 9999-HK JD BABA Follow your favorite stocksCREATE FREE ACCOUNT Alibaba has faced growth challenges amid regulatory tightening on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jiemian News
The 939 Coast complex rises above La Jolla Cove Beach along the Southern California coast. The oceanview condo building is a local landmark, a secure haven and, for many, a home. Both residents and rental guests can avail themselves of such luxury services as 24-hour concierge, valet parking, doormen, a community pool, spa and gym.
A ‘For Sale’ sign stands in a vacant lot near new homes in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images After a brief reprieve in the first half of December, mortgage interest rates shot up again to end the year, weighing on mortgage demand. Mortgage application volume was down 13.2% at the end
Passenger counts at the three Port Authority of New York and New Jersey airports were higher in November than in November 2019, marking the first month they beat a pre-pandemic comparison. Air travel was up 2% when compared to the same time period in 2019, as Newark Liberty International Airport, John F. Kennedy International Airport,
Cameron Winklevoss, co-founder of the cryptocurrency exchange Gemini, published an open letter to Digital Currency Group (DCG) CEO Barry Silbert on Jan. 2, 2022, stating that it had been 47 days since withdrawals from Genesis had been halted. In the letter, Winklevoss claimed that DCG owes $1.675 billion to Genesis. Silbert, however, responded on social
Most analysts are willing to commit to a slowdown in inflation in 2023, but a recession remains a trickier call. “I think the bond market is right, a recession is coming,” said Liz Young, head of investment strategy at SoFi, “and the economic indicators reinforce that message.” The debate over the likelihood of a recession
On Oct. 1, 2019, Cointelegraph Magazine’s founding editor, Jon Rice, pressed publish on the first-ever feature story for the publication — a story by Swedish fintech writer Jinia Shawdagor about the country’s embrace of a cashless economy. The brainchild of former Cointelegraph CEO Jay Cassano — who was managing editor at the time — Magazine
German inflation slowed more than expected in December, sliding below 10 per cent and providing some relief for the European Central Bank in its battle to control price rises. Partly because of measures by Berlin to shield consumers from high gas prices, the annual pace of harmonised consumer price inflation dropped to 9.6 per cent
A Tesla vehicle is displayed in a Manhattan dealership on January 30, 2020 in New York City. Spencer Platt | Getty Images Check out the companies making the biggest moves in the premarket: Tesla — Shares fell 5% after reporting a record 40% growth in deliveries. However, the numbers missed analyst expectations. JPMorgan analyst Ryan
The S&P 500 index (SPX) fell 19.4% and the Nasdaq nosedived 33.1% in 2022, their worst performances since 2008. The crypto markets also had a horrendous year, with Bitcoin (BTC) falling roughly 65%. In comparison, the United States dollar, which is perceived to be a safe haven, rallied nearly 9%, its best performance since 2015.
Growing numbers of retail investors are being drawn into commodity trading after two consecutive years of bumper returns, despite concerns that they could suffer huge losses or disrupt the complex and volatile markets. Retail trading volumes in commodity futures and the largest commodity-focused investment funds surged in 2022. But while activity has been spurred by
The Dogecoin Foundation announced a new fund for Dogecoin Core developers to promote the Dogecoin ecosystem further in the new year. On Dec. 31, the foundation stated that it is allocating 5 million Dogecoin (DOGE), which is around $360,000 at the time of writing, to the new fund to support the development of the Dogecoin
Bitcoin (BTC) begins the first week of 2023 in an uninspiring place as volatility stays away — along with traders. After failing to budge throughout the Christmas and new year break, BTC price action remains locked in a narrow range. Having sealed yearly losses of nearly 65% in 2022, Bitcoin has arguably seen a classic
Every style comes back sooner or later, they say, and this may well be the year we reawaken our passion for the early-20th century style called Art Nouveau. Popular between 1890 and 1910 during the Belle Epoque period, the short-lived style quickly became wildly popular as a reaction the academic art, eclecticism and historicism of
Jared Grey, CEO of the decentralized exchange SushiSwap, has plans to redesign the tokenomics of the SushiSwap (SUSHI) token, according to a proposal introduced on Dec. 30 in the Sushi’s forum. As part of the new proposed tokenomics model, time-lock tiers will be introduced for emission-based rewards, as well as a token-burning mechanism and a liquidity
In this article MDB VZ GOOGL PZZA STAA Follow your favorite stocksCREATE FREE ACCOUNT Source: Papa Johns We step into the new year with a largely unchanged macroeconomic backdrop and a recession waiting for us. However, investors can maintain a healthy portfolio if they keep a longer-term view, shutting out all the noise. In that context, we kickstart