The U.S. District Court for Puerto Rico ended a Puerto Rico Electric Power Authority bondholder discrimination adversary proceeding, asking parties to raise the issues they have during the plan of adjustment confirmation hearing planned to in early March. District Court Judge Laura Taylor Swain stayed the proceeding while saying plaintiffs GoldenTree and Syncora Guarantee should
David Elgart, former president and chief compliance officer of the now defunct Roswell, Georgia-based Sequoia Investments has agreed to settle charges with the Financial Industry Regulatory Authority for his role in acting as an unregistered dealer between May 2020 and May 2021, accepting a suspended fine. Without admitting or denying the findings, Elgart consented to
Omar Marques | Lightrocket | Getty Images Crypto investors are eagerly awaiting an imminent ruling from the SEC that will likely approve the trading of a spot bitcoin ETF, more than a decade after initial attempts were rejected. 13 companies have filed for a spot bitcoin ETF: Grayscale Bitcoin Trust Ark/21 Shares Bitcoin Trust Bitwise
Howard Davies, chairman of Natwest Group Plc. Bloomberg | Getty Images The chair of one of Britain’s biggest banks faced a backlash Friday after saying it is not “that difficult” to get on the property ladder. NatWest chair Howard Davies told the BBC’s “Today” program that the current economic landscape — which has seen interest
From baby bonds to pension funding, 2023 was a year for progress in Connecticut, according to the annual report released Wednesday by State Treasurer Erick Russell. “The work done by our agency often focuses on the long-term — sustained investment success, low-cost infrastructure funding, helping families save for college, and now our landmark ‘CT Baby
Continued financial pressure will impact the nonprofit healthcare system in 2024, Fitch Ratings and S&P Global Ratings analysts said Thursday. “We think we have another tough year ahead of us,” Fitch Senior Director Kevin Holloran said during a webinar. Despite some positives, such as an increase in demand, labor costs remain a major problem for
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Economists believe the US jobs market weakened in December, bolstering the case for the Federal Reserve to consider cutting interest rates. A poll by Reuters showed economists, on average, predict data published on Friday will
Loading… Loading… A fully collateralized euro-backed stablecoin is expected to be launched within 18 months, pending the approval of an e-money license by Germany's Federal Financial Supervisory Authority (BaFin). What Happened: Deutsche Banks DB DWS Group, Dutch market maker Flow Traders Ltd., and crypto fund manager, Michael Novogratzs Galaxy Digital Holdings BRPHF plan to form
Share Tweet By Tr Goins-Phillips Editor January 4, 2024 A women from Connecticut became the first nonresident in Vermont to end her life via medically assisted suicide on Thursday. Lynda Bluestein, 76, traveled to the Green Mountain State on Wednesday in preparation for her planned death. The woman’s son, Jake Shannon, told News 12 Connecticut
Ending big — Rocket Report: SpaceXs record year; Fireflys Alpha rocket falls short Living downrange from one of China’s launch sites sure doesn’t seem safe. Stephen Clark – Jan 5, 2024 12:00 pm UTC Enlarge / Firefly Aerospace’s fourth Alpha rocket lifted off December 22 from Vandenberg Space Force Base, California.Firefly Aerospace/Trevor Mahlmann reader comments
Loading… Loading… Several utility tokens have been identified as potential standouts in the upcoming cryptocurrency bull run byinvestment research platform Token Metrics,each offering unique features and innovations in the Web3 space. Contentos: A New Era For Digital Content: Contentos aims to transform the digital content industry with a decentralized video and content platform. It focuses
Loading… Loading… Visa Inc V stock recorded an all-time-high (ATH) on Wednesday. The stock was seen trading at a high of $262.48 during intraday trading, marking a new high in the stocks history. The stock has returned 26.52% to investors so far this year. The surge has been propelled by a combination of strategic moves,
Loading… Loading… A New York-based mult-asset investing platform has an attractive annual percentage yield. What Happened: Public launched its secondary brokerage account, High-Yield Cash Account, to offer 5.1% APY (subject to change) with zero fees and no minimum balance requirements. Funds from the account will be directly deposited into partner banks where they earn a
Waka waka — 1D Pac-Man is the best game Ive played in 2024 (so far) An appreciation of “small games” and the people who make them. Kyle Orland – Jan 4, 2024 11:11 pm UTC Enlarge / I didn’t write this story just to share that high score in the corner, but I won’t say
COMEDY OF ERRORS — A ridiculously weak password causes disaster for Spains No. 2 mobile carrier BGP tampering caused by poor security hygiene causes major outage for Orange Espaa. Dan Goodin – Jan 5, 2024 12:01 am UTC EnlargeGetty Images reader comments 47 Orange Espaa, Spains second-biggest mobile operator, suffered a major outage on Wednesday
Moomoo, an investment and trading platform known for its professional-grade tools and investor empowerment philosophy, has recently unveiled an upgrade to its Cash Sweep program . Aimed at U.S. investors, this program allows users to earn passive income on their idle cash with a 5.1% annual percentage yield (APY)*.Empowering Investors Moomoo focuses on providing tools
Loading… Loading… The Bitcoin BTC/USD ecosystem is predicted to witness unprecedented opportunities and growth in 2024, according to areportthatdissects macro and micro trends andforecastsa bright future for the largest cryptocurrency and related assets. Foremost among the predictions made by the analysis, titled Bitget's 2024 Bitcoin Report,is the surge in value for popular cryptocurrencies such as
Starship at scale — Elon Musk: SpaceX needs to build Starships as often as Boeing builds 737s “Ship production needs to be roughly an order of magnitude higher than booster production.” Stephen Clark – Jan 5, 2024 1:26 am UTC Enlarge / Ship 28, the Starship for SpaceX’s next full-scale test flight, fires up one
Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. The share of electric cars sold in the UK fell for the first time last year, casting doubt over whether manufacturers will meet binding new green targets and prompting industry calls for tax cuts. Electric