Liz Truss sacked her chancellor Kwasi Kwarteng and shredded her economic strategy on Friday, but her effort to salvage her premiership failed to win over financial markets and left Conservative MPs in a state of mutiny. In a Downing Street press conference lasting less than 10 minutes, Truss named Jeremy Hunt, former foreign secretary, as
The outlook on Hawaii’s Aa2 rating was lowered to stable from positive by Moody’s Investors Service ahead of an $800 million taxable general obligation bond deal. The outlook revision “reflects our expectation that given its significant tourism industry, lagging demographic trends, and already high cost of living, Hawaii is vulnerable to high inflation and potentially
In this article WFC DAL BYND PNC HHC Follow your favorite stocksCREATE FREE ACCOUNT Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York, June 1, 2022. Mike Segar | Reuters Check out the companies making headlines in midday trading
This is an opinion editorial by Ariel Deschapell, co-founder of multi-cloud hosting platform Hydra Host, senior fellow at Lincoln Network and a team member at BIPBounty.org. The idea that Bitcoin lacks innovation compared to other cryptocurrencies is pervasive, but is it true? The Bitcoin protocol undergoes significant changes much more slowly than other cryptocurrencies, the
Fresh off her first debate in Massachusetts gubernatorial race, Attorney General Maura Healey spent Thursday afternoon in the Pioneer Valley, where supporters and elected officials hoped to show her a region they said needed her support if she claimed the states highest office. At businesses in Northampton, in research hubs at the University of Massachusetts
The $11 trillion real estate market remains a much talked about industry for streamlining access, reducing transaction friction, and democratizing ownership. Real estate technology company Roofstock aims to do just that, launching a marketplace for physical real estate NFTs that cuts sellers fees by over 50% when compared to traditional standards. In partnership with Origin
As the world continues to digitize rapidly and more and more issues around cybersecurity and data privacy come to the forefront, its no longer feasible to keep conversations around the two separate. Cyberattacks tend to be eye-catching and make flashy headlines. However, privacy violations and data compromises that accompany such intrusions are not as widely
The cutting room floor — So much screaming inside meGoogle Stadia shutdown stuns indie developers Game makers were still working on their ports when shutdown news went public. Kyle Orland – Oct 14, 2022 11:00 am UTC Enlarge / Like it never even happened.Aurich Lawson / Getty Images reader comments 69 with 52 posters participating,
Lots of LOX — Rocket Report: Amazing view of Falcon 9 landing, spaceport suit Down Under “We remain confident of achieving our objective of a full vertical orbital launch.” Eric Berger – Oct 14, 2022 11:30 am UTC Enlarge / Vulcan Centaur, United Launch Alliances next-generation rocket, lifts off in this artists rendering.United Launch Alliance
Check out the companies making headlines before the bell: Albertsons (ACI) – Albertsons lost 4.1% in the premarket after announcing a merger deal with supermarket rival Kroger (KR). Albertsons surged 11.5% Thursday after sources told CNBC the two sides were in talks to combine. Kroger shares slipped 3%. JPMorgan Chase (JPM) – JPMorgan Chase shares added
The United States Financial Accounting Standards Board (FASB)’s decision to allow companies to use “fair value” to account for their crypto holdings could be seen as another step toward the wider institutional adoption of cryptocurrency. During a meeting on Oct. 12, the FASB board made the decision to require entities to measure crypto assets at
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Liz Truss, UK prime minister, is preparing to rip up the government’s “mini” Budget in a desperate attempt to rebuild market confidence and save her embryonic premiership. Kwasi Kwarteng, the chancellor, is expected to return from IMF meetings in Washington on Saturday, with government insiders saying he will have to scrap measures in his £43bn
Maryland Heights, Missouri, forwarded the funds needed to cover a delinquent debt service payment for revenue bonds issued for its community ice arena, but not before triggering a two-notch downgrade that sent its certificates of participation to junk. The Centene Community Ice Center, which serves as the practice facility for the National Hockey League’s
Bankruptcy Judge Laura Taylor Swain approved the Plan of Adjustment for the Puerto Rico Highway and Transportation Authority, reducing its debts by 80% and saving it more than $3 billion in debt service payments. Swain approved the HTA debt plan on Tuesday in the U.S. District Court for the District of Puerto Rico. Swain overruled any prior
Binance permanently destroyed $547 million worth of BNB in its 21st quarterly burning event, but the markets remain steady. 3251 Total views 31 Total shares Listen to article 0:00 News Crypto exchange platform Binance has concluded its 21st quarterly BNB (BNB)burn, eliminating around $547 million worth of BNB tokens from its supply. In an announcement,
No one came to help Abi Insley once again. The 10-year-old needs a nurse by her side throughout the day, especially when shes in school. But for the third time in a week last month, her nurse had to call out sick.
The average American consumer might not think much of their access to financial services. But for consumers that are underbanked or unbanked, the very high costs of relying on alternative financial solutions, such as payday loans, check cashing services, money orders, and pawnshop loans can be astronomical and create a vicious cycle of financial pain
Y Combinator announced more than 20 companies from its summer 2022 batch will be launching on Wefunder, a crowdfunding platform connecting startups with investors online. Wefunder is a platform whereby smaller, unaccredited investors are able to invest in startup companies and for as little as $100, investors can buy into any one of those from