About £75mn of assets linked to Conservative peer Michelle Mone and her husband have been frozen or restrained by court order as the pair face a National Crime Agency investigation into alleged PPE fraud. The court order seen by the Financial Times covers assets including a six-bedroom Belgravia townhouse, a country estate on the Isle
Municipals saw a more constructive secondary trading session Thursday and mutual funds reported the third consecutive week of inflows while U.S. Treasuries improved. Stocks continued to break records after another report of hotter economic data, which is leading more participants to pare back rate cut timing expectations. LSEG Lipper reported Thursday that investors added $210.6
Guam’s issuer rating was raised to investment grade by Moody’s Investors Service, which cited significant military construction and other federal government support. Moody’s upgraded Guam’s issuer rating, general obligation bonds, hotel occupancy tax bonds, and business privilege tax bonds to Baa3 from Ba1 and raised the COPs to Ba1 from Ba2. The outlook is stable.
A Hamptons estate that once listed for $150 million before falling into bankruptcy was sold at auction Wednesday for $88.5 million. The four-acre estate in Southampton, New York, known as La Dune, was sold by Concierge Auctions at a starting bid of $66 million. The property was sold in two parts — one house sold
A “For Sale” sign stands outside a home following a snow fall in Geneseo, Illinois, U.S., on Monday, Jan. 20, 2020. The National Association Of Realtors is scheduled to release Existing Homes Sales figures on January 22. Photographer: Bloomberg | Bloomberg | Getty Images Severe winter weather is hindering home sales across the country, according
Loading… Loading… Semiconductor stocks have fallen in the first two trading sessions of 2024. Is this a sign of a strained market with valuations running too hot and prompting investors to take profits? Bank of America said it remained bullish on the Philadelphia Semiconductor Index (SOX) for 2024, despite its 65% gain in 2023. The
Loading… Loading… TradesViz, which started as a project by Pavitra Kumar (aka PK) during his time at Georgia Tech, recently earned a spot as a finalist in the Best Portfolio Tracker and Best Data Analysis Tool categories at the Benzinga FinTech Awards 2023. The startup has quickly become a standout in trading analytics and portfolio
Loading… Loading… Wednesday sees a session of modest gains on Wall Street, with all major large-cap stock indices in the green. Market attention is focused on the long-awaited decision by the Securities and Exchange Commission (SEC) regarding the approval of the Bitcoin ETF, expected today. The price of Bitcoin BTC/USD remains stable around $46,250 at
why is the most expensive one always the best to drive? — Heres the production version of Porsches first electric Macan SUV Porsche’s order books for the Macan are open, deliveries in the second half of 2024. Jonathan M. Gitlin – Jan 25, 2024 12:30 pm UTC Enlarge / On the left, the 2024 Porsche
Loading… Loading… During midday Thursday trading in New York, U.S. stocks displayed mixed performance, with the technology sector outperforming others as investors maintained a bullish outlook on artificial intelligence, temporarily setting aside concerns about interest rates. Additionally, economic data released Thursday morning revealed a robust labor market, with unemployment benefits registering well below expectations for
a nudge in the right direction — 4070 Ti Super review: Faster GPU for the same $799, but not Nvidias best value Card that was once the “4080 12GB” still occupies an awkward spot in the lineup. Andrew Cunningham – Jan 25, 2024 12:30 pm UTC reader comments 0 Our specific RTX 4070 Ti Super
Stay informed with free updates Simply sign up to the US economy myFT Digest — delivered directly to your inbox. US gross domestic product grew at an annualised rate of 3.3 per cent during the final quarter of last year, capping off a stronger-than-anticipated 2023 for the world’s largest economy. While the fourth-quarter rate was
Loading… Loading… The total cryptocurrency market capitalization rose to $1.69 trillion on Monday, reaching the highest valuation since May 2022. The surge in valuation comes amid escalating expectations for the landmark approval of a spot Bitcoin BTC/USD Exchange-Traded Fund (ETF), setting the stage for what could be a landmark year in the digital currency space.
Loading… Loading… Wednesday sees a session of modest gains on Wall Street, with all major large-cap stock indices in the green. Market attention is focused on the long-awaited decision by the Securities and Exchange Commission (SEC) regarding the approval of the Bitcoin ETF, expected today. The price of Bitcoin BTC/USD remains stable around $46,250 at
When doctors told Evgeny Anisimov he had a baby with Down syndrome, his wife wanted to give the child up. But instead, this brave dad sacrificed everything so he could raise his beautiful son alone. And hes committed to encouraging others with his inspiring story! When Evgeny Anisimov of Russia and his wife welcomed their
America is battling a devastating invasion at our border with Mexico, and Texas is on the front line as it makes up roughly half of that border. Unfortunately for Texas and the nation, the federal government doesnt appear all that interested in dealing with the crisis. In fact, they seem intent on facilitating it instead.
Who’s imitating who? — Did an AI write that hour-long George Carlin special? Im not convinced. “Everyone is ready to believe that AI can do things, even if it can’t.” Kyle Orland – Jan 25, 2024 12:00 pm UTC Enlarge / “Well, we all have a face/That we hide away forever”Aurich Lawson | Getty Images
Loading… Loading… Mizuhoanalyst Dan Dolev provided his 2024 FinTech & Payments outlook. The analysts top picks includedAffirm Holdings, IncAFRM ,Fidelity National Information Services, IncFIS ,Robinhood Markets, IncHOOD , andBlock, IncSQ . Dolev noted that AFRM is more than just Buy Now Pay Later (BNPL). In his view, AFRM is an alternative payment network competing with
Municipals were little changed Wednesday amid another busy primary session as U.S. Treasury yields rose throughout most of the curve and equities ended up. Despite municipal performance being in the red to start to 2023, municipal mutual funds continue to see inflows. The Investment Company Institute Wednesday reported more inflows into municipal bond mutual funds
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The French government is pressing the UK to help plug a multibillion-pound hole in the budget of nuclear power projects being built in Britain by France’s electricity operator EDF. The call for a contribution from