Municipals were steady to firmer in spots in lighter secondary trading amid an active primary while U.S. Treasuries were range-bound and equities were in the black. Muni to UST ratios were at 62% in five years, 80% in 10 years and 95% in 30 years, according to Refinitiv MMD’s 3 p.m. read. ICE Data Services
Cherise Jackson fills up her Toyota Prius after visiting six other gas stations that ran out of fuel as demand for gasoline surges following the cyberattack that crippled the Colonial Pipeline, in Durham, North Carolina, May 12, 2021. Jonathan Drake | Reuters Gasoline prices may have peaked for the summer and are now heading towards
The Ethereum-centric and decentralized protocols software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.” Consensys details that TURN tokens will create a new market for tokenized security auditing via Consensys Diligence, the firm’s smart contract audit service. Consensys Diligence to Launch TURN Tokens in Mid-August From August 15th to the
The Municipal Securities Rulemaking Board will continue its efforts to improve post-trade transparency, as it plans to discuss a potential request for comment on Rule G-47 on time of trade disclosures during its quarterly meeting July 27-28. “The Board will discuss the status of its ongoing retrospective rule review and consider authorizing a new request
Climate mitigation efforts in cities with high risks of flooding will pay less in bond and insurance premiums if measures are taken to curb such activity. That’s according to a recent paper by Anya Nakhmurina, assistant professor of accounting at Yale School of Management and Shirley Lu, assistant professor at Harvard Business School’s accounting and
Crypto enthusiasts are finally getting some respite from the ongoing bear market as the price of Ethereum (ETH) has increased 48% before the looming Merge upgrade that transitions the blockchain into one powered by a proof-of-stake consensus. As a result, the future of Ethereum has become one of the highly discussed topics during the annual
Cryptocurrency investors continue to enjoy this week’s bullish price action after Bitcoin (BTC), Ether (ETH) and a handful of altcoins rallied on July 20 alongside gains in the traditional markets. Data from Cointelegraph Markets Pro and TradingView shows that a midday rally by Bitcoin bulls managed to lift the top crypto to a daily high of
Hospitals will need to raise rates, cut costs and implement “transformational” change to combat inflationary-driven pressures that are damaging margins and setting back the sector’s COVID-19 pandemic recovery, according to a Fitch Ratings report. “Not-for-profit hospital operating margins, which declined during the pandemic, will see further erosion due to ongoing inflationary pressures of elevated labor,
Existing home sales dropped for the fifth straight month in June, according to the National Association of Realtors. Three out of four major U.S. regions experienced month-over-month sales declines and one region held steady. Year-over-year sales sank in all four regions. Total existing home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops,
Doom, gloom, fear and uncertainty have darkened the bright landscape of domestic real estate. Rising mortgage rates and inflation have dampened the enthusiasm of would-be homebuyers and narrowed the outlook of once-confident sellers. But experienced real estate professionals in Manhattan and coastal Orange County, California, predict healthy real estate markets, especially at the high end.
Cryptocurrency exchange Zipmex has halted withdrawals due to “volatile market conditions, and the resulting financial difficulties of our key business partners.” The exchange operates in Singapore, Australia, Indonesia, and Thailand. Zipmex Pauses Withdrawals Crypto exchange Zipmex, which operates in Singapore, Australia, Indonesia, and Thailand, has become the latest crypto company to halt withdrawals. The platform
In this article WYNN ELV NFLX BKR BIIB LVS The Netflix logo is seen on their office in Hollywood, California. Lucy Nicholson | Reuters Check out the companies making headlines in midday trading. Netflix — Shares of the streaming company popped 4.4% a day after Netflix posted a smaller-than-expected subscriber loss in the recent quarter.
sponsored With the development of the public chain and the growing adoption of blockchain technology, public chains initiated by crypto exchanges are getting more attention. Relying on the advantages of the exchange’s cutting-edge technology team, the exchange public chain has differentiated itself clearly from the rest. KuCoin Community Chain (KCC) has been established for more
Following the recent U.S. consumer price index report that indicated inflation in America has reached a 40-year high, many expect the Federal Reserve to hike the benchmark interest rate by 75 to 100 basis points (bps) on July 26. Blackstone’s Private Wealth Solutions expects the Fed to raise the rate by 75 bps and bankrate.com
Both the ongoing downturn across cryptocurrency markets, and Ethereum’s upcoming merge were under the spotlight on the second day of ETH Community Conference. The wider Ethereum community descended on Paris for the largest annual European Ethereum event, with key roleplayers, companies and individuals taking part. Related: Will Ethereum Merge hopium continue, or is it a bull
Prices for existing U.S. homes extended their climb in June, with the median rising to a record despite the fifth straight month of falling sales. The data indicate higher mortgage rates are dampening homebuyer interest, though not enough to restrain prices. The average price of existing homes sold in June grew to $416,000, a 13.4%
Fresh off a whirlwind of visits to investors and meetings with rating agencies, Florida officials are confident the state’s finances will remain in good shape no matter what the future holds. In a yearly deep dive into its finances, Florida officials met with analysts at Moody’s Investors Service, S&P Global Ratings and Fitch Ratings as
Dogecoin rose by over 10% in today’s session, as the meme coin closed in on its highest point in almost one month. The token was higher for an eighth consecutive session, while cardano was also in the green, rising for a ninth straight day. Dogecoin (DOGE) Dogecoin (DOGE) was a notable mover on Wednesday, as
To keep up with the surging cost of living, consumers are spending more and saving less — and rising interest rates aren’t helping the matter. Next week, the Federal Reserve likely will raise rates by another three-quarters of a percentage point, although some on Wall Street still think it could opt for a full percentage point increase.
Trading is not the only way to explore the world of digital currencies — you can create content, make Youtube videos, listen to podcasts, etc. When your friend or relative shares their success with crypto trading, you also feel driven toward it. As a result, people start with a minor trade and then expand to