Welcome readers, and thanks for subscribing! The Altcoin Roundup newsletter is now authored by Cointelegraph’s resident newsletter writer Big Smokey. In the next few weeks, this newsletter will be renamed Crypto Market Musings, a weekly newsletter that provides ahead-of-the-curve analysis and tracks emerging trends in the crypto market. The publication date of the newsletter will
Pending home sales, a measure of signed contracts on existing homes, dropped a much worse-than-expected 10.2% in September from August, according to the National Association of Realtors. Economists had predicted a 4% decline. Sales were down 31% year over year. This marks the lowest level on the pending sales index since June 2010, excluding April
The New Jersey Turnpike Authority is scheduled to close next week on a $700 million revenue bond deal. The Series 2022B bonds priced Oct. 13. Proceeds are destined for improvement projects across the 290 miles of roadway that make up the New Jersey Turnpike and Garden State Parkway. The scheduled work will include “capacity enhancements
A poll from the non-partisan Public Policy Institute of California predicts Gov. Gavin Newsom will be re-elected and three state-wide measures — two that would increase sports betting and another that would tax the wealthy to pay for water and fire prevention — are likely to fail. Dean Bonner, a PPIC associate survey director and
Bondholders and the Puerto Rico Oversight Board reached a deal on the payment of Puerto Rico appropriation debt that was structured to pay 6.4% of what is owed plus some interest. The deal on Public Finance Corp. bonds was announced Wednesday on the Municipal Securities Rulemaking Board’s EMMA disclosure website. There is $1.09 billion in
Elon Musk has joined the elite club of social media barons after clinching a $44bn takeover of Twitter in the same week that investors wiped hundreds of billions of dollars from Big Tech valuations. Musk’s drawn-out acquisition of Twitter, which he launched in April but attempted to abort in July, has closed just as a
As New York observes the 10th anniversary of Hurricane Sandy this week, the Army Corps of Engineers has unveiled an elaborate flood protection plan it says will protect the nation’s most urbanized area from future storm surges that are expected to become more frequent and intense. The $52.6 billion design features 12 floating storm surge
Issuers of transportation infrastructure debt now need to manage risks from cyber-attacks on multiple fronts, as potential targets for hackers include mass transit systems, airports, ports, toll roads and even parking facilities. That’s the warning sounded by S&P Globl Ratings, which recently issued a report entitled, “Cyber Risk in A New Era: U.S. Transportation Infrastructure
Ether (ETH) is setting liquidation records this week as a comparatively modest price uptick reveals how bearish the market has become. Data from on-chain analytics platform CryptoQuant confirmed that United States dollar-denominated short liquidations hit a new all-time high on Oct. 25. Two days, half a billion dollars of ETH shorts It is not just
In this article CVX XOM AMZN AAPL Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Exxon Mobil (XOM) – Exxon Mobil added 2.2% in premarket trading after record profits exceeded analyst forecasts. Higher natural gas prices and cost controls helped offset the slide in crude oil prices. Chevron
Costa Rica could be one of the next countries to adopt bitcoin as a regulated payment method. This week, Congresswoman Johana Obando introduced a bill to allow bitcoin and other cryptocurrencies to serve as a form of payment. The bill also proposes that traditional banking institutions be able to serve as crypto exchanges, including custody
Many Australian borrowers are ahead on their mortgage repayments, and this should cushion them from a hard landing as interest rates rise, according to Shayne Elliott, chief executive officer at major Australian bank, ANZ. The Reserve Bank of Australia has hiked the official cash rate six times in a row this year to 2.6%, forcing
Elon Musk has closed his $44bn deal to take Twitter private, according to three people familiar with the matter, bringing an end to one of the most high-profile and dramatic buyout sagas in recent memory after months of legal wrangling between the world’s richest man and the social media platform. As the billionaire entrepreneur took
On Nov. 8, voters in Chittenden County, Vermont, will decide on a $22 million bond measure local officials say is necessary replace the area’s aging recycling plant and to future-proof its waste infrastructure. The existing plant is technologically outdated, said the board chair of the Chittenden Solid Waste District, Paul Ruess, and straining to meet new
Years before the pandemic upended established workplace dynamics, leading property managers predicted the emergence of experiential office. Inspired by hospitality, it was a vision of tenant-first office management aimed at fostering meaningful relationships and rich experiences. The post-pandemic prevalence for hybrid work has quickly made that vision a reality. While some of the details have
It seems that every time one turns on the TV, something, somewhere, is going catastrophically wrong. Whether it be Hurricane Ian tearing through Cuba and Florida, war raging in Eastern Europe, or floods devastating Pakistan, there has been no shortage of crises in 2022 — both natural and human-caused. And as the climate continues to
Blocks of condominiums in Singapore. The rising cost of borrowing is unlikely to have a major impact on Singapore’s property market, analysts told CNBC. Ore Huiying | Bloomberg | Getty Images SINGAPORE — The rising cost of borrowing is unlikely to have a major impact on Singapore’s property market, analysts told CNBC. That’s because of
A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters Check out the companies making headlines after the bell: Meta Platforms — The Facebook parent plunged more than
Municipals sold off out long in secondary trading while two billion-dollar-plusnew-issues from California and the New York City Transitional Finance Authority made concessions in primary pricings. Munis continued to play catch up to the rise in U.S. Treasury yields, though taxables improved Wednesday and equities ended mixed. Municipal bond mutual funds saw more losses with
Oakland and San Francisco’s city attorneys won an appeal to have a multi-year climate change lawsuit against several oil companies heard in state court. The decision came Monday in a ruling handed down by U.S. District Judge William Alsup of San Francisco. The ruling frees the cities to sue major oil companies in California state