Municipals were weaker Thursday as outflows from muni mutual funds continued. U.S. Treasury yields rose, with all maturities now yielding above 4%, and equities ended mixed. Treasury yields rose as initial jobless claims came in below 200,000 for the seventh straight week and unit labor costs for the fourth quarter were revised up to 3.2%
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In this article SBNY SI Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | Lightrocket | Getty Images Shares of Silvergate Capital plummeted Thursday after the bank delayed the filing of its annual 10-K report as it evaluates events that have happened since the end of 2022. The company, which provides banking services to crypto
Rep. George Santos’, R-N.Y., introduction of a bill that would raise the federal limit of deductions to $50,000 for individuals or $25,000 for married individuals adds to the recent pile on of efforts by Congressional members to raise or remove the cap entirely, but it isn’t likely to get anywhere due to the Congressman’s nefarious
Mario Tama | Getty Images News | Getty Images The average rate on the 30-year fixed mortgage jumped back over 7% on Thursday, rising to 7.1%, according to Mortgage News Daily. Growing fears that inflation is not cooling off are pushing bond yields higher. Mortgage rates loosely follow the yield on the U.S. 10-year Treasury.
In this article OKTA M CRM BOX SI SNOW DLTR TSLA Follow your favorite stocksCREATE FREE ACCOUNT The Salesforce West office building in San Francisco, California, on Wednesday, Jan. 25, 2023. Marlena Sloss | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Salesforce — Shares of the cloud software maker
just drive — Why its time to get over your EV range anxiety New research comes to some surprising conclusions that should put consumers minds at ease. Dan Gearino, Inside Climate News – Mar 2, 2023 2:28 pm UTC EnlargeGeorge Rose via Getty reader comments 52 with Share this story Share on Facebook Share on
JOSHIMATH, India (AP) — Inside a shrine overlooking snow-capped mountains, Hindu priests heaped spoonfuls of puffed rice and ghee into a crackling fire. They closed their eyes and chanted, hoping their prayers would somehow turn back time and save their holy — and sinking — town. For months, the roughly 20,000 residents in Joshimath, burrowed
Flying High — After flying four astronauts into orbit, SpaceX makes its 101st straight landing “I just feel so lucky that I get to fly on this amazing machine.” Eric Berger – Mar 2, 2023 6:06 am UTC Enlarge / The Falcon 9 rocket carrying the Crew-6 mission streaks into orbit on Thursday morning.Trevor Mahlmann
Coinbase Global Inc COIN announced the launch Thursday of layer 2 network Baseand theBase Ecosystem Fund to support early stage projects on the network. Coinbasesaid it will use Base as a home for its on-chain products. Base will also serve as an open ecosystem through which anyone can build decentralized apps or dapps on-chain and
where’s the new cars? — Teslas underwhelming investor day fails to impress investors Tesla fans expecting info about new models were sadly disappointed. Jonathan M. Gitlin – Mar 2, 2023 1:19 pm UTC EnlargeGetty / Aurich Lawson / Tesla reader comments 33 with Share this story Share on Facebook Share on Twitter Share on Reddit
Financial services in a non-face-to-face format are actively being integrated into our lives and, like any new phenomenon, are introducing new concepts and terms. The idea that KYC and AML are identical phenomena is a common misconception of the users who encounter the misuse of the terms now and then. Roman Nekrutenko, CEO of the
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Trading platform Robinhood has launched its Web3 wallet on Apple’s App Store, becoming available to iOS users in over 130 countries. Robinhood shared the news in a March 1 post, stating that users would no longer need to sit on a waitlist to access the new multichain self-custody wallet. Robinhood added that the wallet will
Hundreds of anti-Netanyahu protesters gathered on Wednesday outside a hair salon after the prime minister’s wife, Sara, was spotted at a hair salon nearby. Picture Alliance | Picture Alliance | Getty Images New concerns about Israel’s economy are leading global investors to question the money they have in the country. Massive protests have intensified in
The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, says the world economy is on the verge of collapse. He warned investors about the risks of bank runs, frozen savings, and bail-ins that may come next. Robert Kiyosaki on Collapsing World Economy The author of Rich Dad Poor Dad, Robert Kiyosaki,
Municipals were little changed to kick off the month, while U.S. Treasuries were weaker and equities ended mixed. The three-year muni-UST ratio was at 60%, the five-year at 62%, the 10-year at 65% and the 30-year at 90%, according to Refinitiv MMD’s 3 p.m. ET read. ICE Data Services had the three at 64%, the
Western allies are pushing the United Arab Emirates to halt exports of critical goods to Russia as they seek to starve Vladimir Putin’s military of components to sustain its war against Ukraine. Officials from the US, EU and UK have in recent weeks visited the wealthy Gulf state to spell out the wide-ranging scope of
Smart accounts, enabled by the launch of the new ERC-4337 standard, are now available on Ethereum and are expected to help mainstream adoption by finally making crypto user friendly. Ethereum Foundation security researcher Yoav Weiss will make the surprise announcement at WalletCon in Denver today that the core contracts for ERC-4337 — known by blockchain