When Manju Ganeriwala looks back at her time as Virginia state treasurer, she can be proud of steering the state’s finances and fiscal health through two economic downturns and a pandemic. Ganeriwala recently retired after more than a decade as state treasurer. Ganeriwala was treasurer of the commonwealth from January 2009 until June when she
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European electricity prices have soared to new records as the prolonged heatwave disrupted power markets that were already under strain from Russia’s cuts to the continent’s gas supplies. German baseload power for delivery next year, the benchmark European price, was up more than 5 per cent on Thursday at a record €455 per megawatt hour.
Consumers have soured on stuff. For nearly two years, the pandemic supercharged online purchases of everything from home office equipment and furniture to cooking gear and gardening tools. The surging demand for goods exacerbated supply chain woes and sent prices skyrocketing, even as lockdowns strangled spending on travel and entertainment. But now western economies are
Cosmos rose to its highest point since May earlier in today’s session, as crypto markets surged on Thursday. The global market cap is trading over 6.27% higher as of writing, with bullish sentiment sweeping through. Solana was trading over 10% higher in today’s session . Cosmos (ATOM) Cosmos (ATOM) was trading higher on Thursday, as
In one of the largest funding awards yet under the bipartisan infrastructure package, the Biden administration Thursday is announcing $2.2 billion for 166 projects across the country. The money is part of the Rebuilding American Infrastructure with Sustainability and Equity, or RAISE program, a longtime popular grant program that’s seen its annual funding double under
The cryptocurrency industry has offered developers and investors the opportunity to introduce new financial tools providing plentiful options to earn passive income. Simply holding crypto has offered patient investors the chance to make gains over the years. However, there are various other ways to increase crypto assets’ stacks, even in bear markets. Other than staking,
In this week’s episode what I’d like to do with your share with you What is Beta and How Can You Use Beta on the Stock Market Tables to make trading decisions or investment decisions for your personal portfolio. Knowing what Beta is First off before we even get into what is Beta more important
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Trend channels are one of those chart formations that traders love. They provide security and ample opportunity to profit from price swings in both directions, while still calmly continuing a larger up and down move (unless we have a horizontal channel that is). But are there any risks when trading a channel and how exactly
Bitcoin (BTC) continued toward $25,000 on the Aug. 11 Wall Street open amid news that the world’s largest asset manager had launched a BTC product. Silbert on BlackRock: “Here comes Wall Street” Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it spike to $24,921 on Bitstamp as United States stocks trading got underway. While
Germany’s chancellor, Olaf Scholz, said he backed the idea of a new gas pipeline linking Portugal and Spain to central Europe via France, saying it would vastly improve Europe’s energy security. Speaking on Thursday at his first summer press conference, Scholz said he had discussed the idea with the leaders of Spain, Portugal and France
Interlay, a London-based blockchain firm, launched a Bitcoin (BTC)-based cross-chain bridge on Polkadot (DOT). Named interBTC (iBTC), the bridge allows the use of Bitcoin on non-native blockchains for decentralized finance (DeFi), cross-chain transfers and nonfungible tokens (NFTs), among others. interBTC operates as a BTC-backed stablecoin, secured by a decentralized network of overcollateralized vaults, which according
U.S. Sen. Elizabeth Warren rebuked Federal Reserve Chair Jerome Powell for withholding information on trading by central bank officials during the pandemic and said an investigation into the matter by the Fed’s inspector general was “troubling.” The IG report “raises new concerns about the reasons why you continue to withhold key information about Fed officials’
The Atlanta-based crypto payment services company Bitpay has announced that Bitpay’s prepaid cardholders are eligible for cash back rewards if they use their card with participating retailers. The rewards feature stems from Bitpay’s partnership with Cardlytics and cardholders can get up to 15% in cash back rewards on purchases from the service from thousands of
Ethereum surged to a two-month high above $1,900 on Thursday, as the token continued to rally following yesterday’s U.S. inflation report. Inflation in the United States was at 8.5% in July, giving traders some optimism on a potential gradual recovery. Bitcoin was also in the green, as prices moved closer to $25,000. Bitcoin Bitcoin (BTC)
The Goerli testnet was successfully merged to the proof-of-stake (PoS) network, marking the final step before Ethereum’s mainnet transition. The triumphant final testnet merger means the mainnet transition slated for Sept. 19 could go as scheduled. Goerli is the third and final testnet after Ropsten and Sepolia that makes Ethereum’s final rehearsal before its official
The writer is a senior fellow at the Carnegie Endowment for International Peace and a former Russian diplomat The Russian Embassy in the UK sparked outrage and fierce criticism recently when it tweeted that prisoners of war from Ukraine’s Azov battalion, who had defended the city of Mariupol right up until the bitter end, deserved
In this article UTZ WRBY GOOS-CA SIX DIS CAH Check out the companies making headlines before the bell: Six Flags (SIX) – The theme park operator’s stock tumbled 12.8% in the premarket after its quarterly profit and revenue fell well short of Wall Street forecasts. Six Flags saw its results hit by a 22% drop
press release PRESS RELEASE. The recent cryptocurrency market crash has shaken the trust of investors in several crypto projects. Investors are prompted to rethink and reevaluate the fundamental aim of digital currencies they have invested in. In fact, the crash has proved to be more severe for cryptocurrency enthusiasts who put their money in meme
Soaring oil use for power generation in Europe and the Middle East will boost crude consumption for the rest of the year, the International Energy Agency said on Thursday, as it increased its global demand forecast despite signs of a wider economic slowdown. Paris-based IEA, which is primarily funded by OECD members, said record European