The New York Metropolitan Transportation Authority Board approved a $19.2 billion budget for 2023 and a four-year financial plan. The budget includes a 5.5% fare increase for next year and envisions a 4% increase in 2025. “I’ve been talking about the financial crisis facing the MTA for many months,” MTA Chair and CEO Janno Lieber said
Bitcoin (BTC) is on track to end the year with a loss of about 65%. This would mark the third negative year for Bitcoin, with the other two being 2014 and 2018. In comparison, the S&P 500 has fared much better, but it is also down close to 20% in 2022. Although cryptocurrency prices have seen deep
Dealmaster — A very special Dealmaster: Last-minute deals you can still grab Dealmaster has discounts on some of our favorite fitness trackers, 4K TVs, and smart home devices. Corey Gaskin – Dec 23, 2022 1:00 pm UTC EnlargeArs Technica reader comments 3 with 0 posters participating Share this story Share on Facebook Share on Twitter
The House Select Committee to Investigate the January 6th Attack on the U.S. Capitol has released its final 845-page report on the insurrection at the Capitol and Donald Trump’s attempts to overturn the 2020 election. The report finds Trump was the central cause of the violence on January 6 and that Trump or his inner
The 56 million Robinhood Markets shares at stake are currently worth around $450 million. 2346 Total views 28 Total shares Listen to article 0:00 News Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFT Embattled crypto exchange FTX asked for the assistance of a United States bankruptcy judge to prevent crypto lending firm BlockFi from
Melissa Watras of Trillium Labs moderated the panel Regulation: The Problems, Solutions, And Ensuring A Balance at Benzingas Fintech Deal Day. Fintech is innovating at a pace that is difficult for regulators to keep up with. Much of the fintech space exists in a regulatory grey area that is dangerous to the government, consumers, and
Blockchain, the technology that underpins cryptocurrencies such as Bitcoin BTC/USD , can propel a traditional financial services firm into the next frontier of fintech. And yet, it's highly complicated and extremely scrutinized thanks to the current drama surrounding certain bad actors (i.e., Luna and FTX). "The scrutiny of the contagion of what has gone wrong
George Parthimos, founder and CEO of Wolfpack Financials LLC, shared the motivation behind his company at Benzingas Fintech Deal Day. Parthimos has several sons who were interested in building a portfolio but were daunted by the complexity of investing in the stock market. Parthimos had the tools to educate his family but knew that many
West Virginia municipalities will receive fresh federal funds to address dated waste infrastructure networks long overdue for upgrades. The U.S. Department of Agriculture’s Rural Development Program will provide $2.2 million for “18 critical projects across West Virginia,” the state’s two senators said Tuesday in a news release, supporting efforts ranging from upgrades to telecommunications technology
In this article NTNX AVO META TSLA Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Tesla (TSLA) – Tesla CEO Elon Musk said he would refrain from selling any more Tesla stock for 18 to 24 months. Musk has sold about $39 billion in stock over the past
Barely a month after announcing the restricting of cash withdrawals to under $50 per week, the Central Bank of Nigeria said on Dec. 21 that individuals will be able to withdraw an equivalent of $1,120 per week starting on Jan. 9, 2023. The central bank said individuals and corporate organizations withdrawing amounts exceeding the new
When it comes to the world of luxury real estate, closing a deal can be as nuanced as it is cutthroat. Here’s a look at how one leading New York agent closed a double sale five years in the making, totaling roughly $33.75 million. The Who: These two latest luxury sales are just a few
When Liz Truss and Kwasi Kwarteng’s infamous “mini” Budget sent Britain’s finances into turmoil in September, it was pilloried as an egregious example of putting ideology over evidence. Both of its architects were gone within a matter of weeks, and a chastened Conservative party announced a series of U-turns. The damage was done, but it
Passengers flying into the UK face months of disruption at the border as passport officers gear up for prolonged strikes, the head of the civil service union has warned. Border Force officers on Friday began eight days of strikes and government officials have warned people to prepare for long queues and drafted in the military
Two Ways to Purchase Stock BUYING AT SUPPORT You can purchase when the stock bounces off the support and is heading in an upward direction. Support buying is typically healthier than resistance buying in terms of risk management. BUYING AT RESISTANCE You can purchase as the stock clears the resistance area. Buying at resistance is
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull ChemoCentryx: https://www.zacks.com/commentary/168511/bull-of-the-day-chemocentryx-ccxi?cid=CS-YOUTUBE-FT-VID 58.com: https://www.zacks.com/commentary/168510/bear-of-the-day-58com-wuba?cid=CS-YOUTUBE-FT-VID
Unique addresses on the Build and Build (BNB) Chain have now surpassed Ethereum, according to a Dec. 22 statement from the developer. BNB Chain has made significant strides in onboarding the next billion users into #Web3 in 2022. We want to thank our incredible community for coming along for the ride as we lay the
Municipals were little changed Thursday, while U.S. Treasuries were weaker and equities sold off. The three-year muni-UST ratio was at 61%, the five-year at 65%, the 10-year at 69% and the 30-year at 94%, according to Refinitiv MMD’s 3 p.m. read. ICE Data Services had the three at 63%, the five at 66%, the 10
The Michigan Department of Transportation has delayed plans to sell $1.9 billion of trunk line road bonds as it confronts “project cost changes and other pressures.” In September, the departmentsaid it would tap all $1.9 billion of its remaining borrowing authority under the $3.5 billion Rebuilding Michigan road program with an eye to entering the
Puerto Rico Electric Power Authority bondholders objected to the Oversight Board’s proposed plan of adjustment and asked that the discovery process begin immediately. “There is no conceivable benefit to interested parties or the court from forcing all parties to sit on their hands for more than two months before plan-related discovery begins, only then to