Big round numbers always pique the interest of investors and the $1 trillion total crypto market capitalization is no exception. It’s a level that held for 48 days before collapsing on March 9. After a 16-hour negative 8.6% price movement, the indicator fell to $914 billion, its lowest level since Jan.13. Concerns about the stability
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Municipals were firmer to end the week, outperforming a U.S. Treasury rally after the employment report revealed more jobs than expected were added in February. Equities sold off. Triple-A benchmark yields were bumped five to 10 basis points, depending on the curve, while U.S. Treasury yields fell 20 to 31 basis points, pushing the five-,
In this article SI SBNY Follow your favorite stocksCREATE FREE ACCOUNT The New York Stock Exchange stands in lower Manhattan after global stocks fell as concerns mount that rising inflation will prompt central banks to tighten monetary policy on May 11, 2021 in New York City. By mid afternoon the tech-heavy Nasdaq Composite had lost
Underwriters completed pricing Thursday of a $3.52 billion Texas securitization deal for natural gas providers, but the bonds may stay in investors’ hands only for a short time. The Texas Senate Finance Committee advanced a supplemental appropriations bill Wednesday that includes money to pay off the bonds and possibly debt incurred by other utilities as
The private partner in a prominent Maryland public-private partnership dropped out Thursday, citing environmental delays, lawsuits, and disagreements with the state, in a move that leaves the fate of the country’s largest P3 in doubt. Australia-based toll road operator Transurban, the lead partner in a consortium known as Accelerate Maryland Partners, said it had submitted
President Biden’s proposed budget unveiled Thursday includes the lowering of the private activity bond threshold for Low Income Housing Tax Credits to 25% from 50% and muni lobbyists, though skeptical about the prospects of the budget passing as is, say they will work hard to include the provision in any final budget. “While the President’s
Fitch Ratings upgraded Orlando, Florida’s $166.925 million of Series 2017A senior tourist development tax revenue bonds to BBB from BBB-minus. The outlook on the bonds is stable. The bonds are a limited obligation of the city backed by a senior lien on 50% of the “6th-cent TDT,” which is a one-cent tax on hotel room
A project to repair a berth at the Port of Camden in New Jersey will receive a boost of support from this fiscal year’s federal omnibus spending bill. U.S. Rep. Donald Norcross, a Democrat whose district includes Camden, recently announced an additional $750,000 in federal funds to support work on long-neglected portions of the South
In this article ENPH GPS CAT FRC WAL PACW SBNY DOCU SCHW ORCL BIRD Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of Oracle headquarters on June 13, 2022 in Redwood Shores, California. Justin Sullivan | Getty Images Check out the companies making headlines in midday trading Friday. Allbirds — Shares
Homes at Rivo Alto Island in Miami Beach, Florida, US, on Wednesday, Feb. 1, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images The U.S. housing market is taking a hard hit from higher mortgage rates, and luxury home sales are seeing the worst of it. Sales of luxury homes dropped 45% during the three
Plenty of ugly — Rocket Report: Boeing to bid SLS for military launch; Ariane chief says all is well “We believe the proven SLS capabilities can be an asset.” Eric Berger – Mar 10, 2023 12:00 pm UTC Enlarge / Japan’s next generation “H3” rocket, carrying the advanced optical satellite “Daichi 3”, leaves the launch
BlackRock Inc BLK is reportedly selling its robo-advisory company FutureAdvisor to Ritholtz Wealth Management. What Happened: FutureAdvisor informed retail clients that the New York-based Ritholtz will acquire it, reported Insider, citing an email sent to clients. Ritholtz confirmed the companys acquisition but did not disclose the details of the deal, according to the report. After
PERSISTENCE — Malware infecting widely used security appliance survives firmware updates Update-resistant malware is part of a pattern by highly motivated threat actors. Dan Goodin – Mar 9, 2023 11:20 pm UTC EnlargeGetty Images reader comments 20 with Share this story Share on Facebook Share on Twitter Share on Reddit Threat actors with a connection
Opinion — PlayStations new Discord integration is a key step for the cross-play dream Before this week, there was no universal VoIP platform for online games. Samuel Axon – Mar 10, 2023 12:24 pm UTC Enlarge / Cross-platform voice chat has arrived on the PlayStation 5.Samuel Axon reader comments 4 with Share this story Share
This week, Interactive Brokers Group Inc IBKR launched a redesigned set of free educational resources called IBKR Campus. The offering will enable investors to learn about trading and markets, as well as Interactive Brokers trading tools, through courses, webinars, podcasts, and market commentaries. Impact: Available for free to both clients and non-clients globally, IBKR Campus
fire sale — Has the generative AI pricing collapse already started? OpenAI could be in a position to loss-lead until its competitors wither away. Rob Reid – Mar 9, 2023 8:44 pm UTC Enlargefermate/Getty Images reader comments 93 with Share this story Share on Facebook Share on Twitter Share on Reddit OpenAI just announced pricing
In this article SBNY SIVB DOCU Follow your favorite stocksCREATE FREE ACCOUNT Signage outside Silicon Valley Bank headquarters in Santa Clara, California, US, on Thursday, March 9, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in early morning trading. SVB Financial — Shares of the company known as
The market continues to grind up, and you might be getting excited to take another chance at shorting. If you are looking to set up a shorting opportunity trade with options, this is a simple PUT VERTICAL SPREAD that you BUY in order to profit from a downside move. The options trade risk is defined
Dogecoin (DOGE) pared some losses versus Bitcoin (BTC) on March 10, a day after the DOGE/BTC pair fell to its lowest level since October 2022. Can the DOGE price see an extended rebound ahead? On the daily chart, the DOGE/BTC pair reached 331 sats, up 4.75% compared to the previous day’s low of 316 sats.
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