With the University of Puerto Rico under increasing financial pressure, the full payment of its roughly $365 million in bonds appears to be under threat. The university has continued to pay debt service on its bonds since the 2016 passage of the Puerto Rico Oversight, Management, and Economic Stability Act that set up the bankruptcy
The 10-year Treasury yield in the United States rose to its highest level since 2008. Although this type of rally is usually negative for risky assets, the U.S. stock markets recovered ground after the Wall Street Journal reported that some officials of the Federal Reserve were concerned about the pace of the rate hikes and
LONDON The race to succeed outgoing British Prime Minister Liz Truss, who resigned on Thursday after just 45 days in office, is now in full swing in London, with candidates scrambling to attract the necessary support among MPs of the Conservative Party. But although Britains ruling party is determined to have a very quick selection
A sudden dip accompanies squabbling over Fed rate hike policy, with BTC price action recovering lost ground. 1030 Total views 20 Total shares Listen to article 0:00 Market Update Bitcoin (BTC) dipped further below $19,000 on Oct. 21 as rumors circulated over the United States Federal Reserve.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed still on
Apple IncAAPL introduced new savings account for users of itscredit cardon Thursday. What Happened:Apple Card users will now be able to save their Daily Cash rewards in a high-yield savings account fromGoldman Sachs Group IncGS . The account will come with no fees, no minimum deposits and no minimum balance requirements, according to Apple. The
Controlled chaos — US might bail Musk out by blocking Twitter deal over national security Musk’s Twitter and Starlink deals could warrant national security reviews. Ashley Belanger – Oct 21, 2022 3:56 pm UTC EnlargeJohn Shearer / Contributor | Getty Images Entertainment reader comments 12 with 11 posters participating Share this story Share on Facebook
Bitbuy Technologies Inc., the first approved crypto market in Canada, will allow users to trade and invest in U.S. stocks and ETFs fractionally. Parent companyWonderFi Technologies Inc WNDR WONDF recently made a series of acquisitions, including Bitbuy in January. See Also: Kevin O'Leary Applauds WonderFi Acquisition It is now listed on the Toronto Stock Exchange
In September, Titan announced a new partnership with Cathie Wood's ArkInvest to provide access to the new ArkVenture Fund, a brand new, exclusive private equity fund for retail investors. Private Investment Opportunities: The new Arkfund provides retail investors access to pre-IPO companies that have previously been restricted to institutional and wealthy individuals. Ark joins Apollo
Atlanta plans to price via negotiation Tuesday $410 million of general obligation bonds to fund capital improvements across the city. On Oct. 5 Moody’s Investors Service assigned the expected issuance an Aa1 and affirmed that rating on Atlanta’s outstanding unlimited tax GO bonds. Fitch Ratings Sept. 26 affirmed its AA-plus rating and stable outlook on
In this article GOOGL META THC SIVB WHR SNAP RHI CSX Follow your favorite stocksCREATE FREE ACCOUNT Snapchat logo displayed on a phone screen is seen with a laptop in the background in this illustration photo taken in Krakow, Poland on August 10, 2022. Jakub Porzycki | Nurphoto | Getty Images Check out the companies
We take a look at what may have caused the flash crash and important lessons for investors. SPDR SP Dividend ETF: http://www.zacks.com/funds/etf/SDY/profile?cid=cs-youtube-ft-card Vanguard Consumer Staples ETF: http://www.zacks.com/funds/etf/VDC/profile?cid=cs-youtube-ft-card Guggenheim SP 500 Equal Weight ETF: http://www.zacks.com/funds/etf/RSP/profile?cid=cs-youtube-ft-card Teucrium Soybean Fund: http://www.zacks.com/funds/etf/SOYB/profile?cid=cs-youtube-ft-card Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
Real estate broker Rebecca Van Camp places a “Sold” placard on her sign in front of a home in Meridian, Idaho, on Wednesday, Oct. 21, 2020. Darin Oswald | Tribune News Service | Getty Images Existing homes are selling at the slowest pace since September 2012, with the exception of a brief drop at the
Municipals were weaker as mutual fund outflows continued, while U.S. Treasuries extended their selloff and equities ended in the red. Triple-A yields rose one to three basis points, with the larger losses out long, while UST yields rose eight to 10 basis points across the curve. Muni-UST ratios fell with the three-year at 65%, the
The current crypto bear market has induced panic, fear and uncertainty in investors. The dire situation started when the global market capitalization of crypto dropped below the $2 trillion mark in January 2022. Since then, the price of Bitcoin (BTC) has decreased by over 70% from its all-time high of $69,044.77, reached on Nov. 10,
Video: Liz Truss resigns as UK prime minister Rishi Sunak, former chancellor, has emerged as the early favourite to become Britain’s next prime minister, after Liz Truss terminated a 44-day premiership marked by economic and political turmoil. Truss’s resignation made her the shortest-serving prime minister in Britain’s history; her time in Number 10 will be
In this article CZR SLG Follow your favorite stocksCREATE FREE ACCOUNT Video slot machines at Caesars Palace in Las Vegas, Nevada. George Rose | Getty Images Developer SL Green Realty is working with casino operator Caesars Entertainment on a bid to bring a casino to New York’s Times Square, the companies announced Thursday. The partners
Attacker pepper sprayed in subway An attacker had the tables turned on him when a woman pepper sprayed him in a NYC subway train. NEW YORK – It was another day, and another attack inside New York City’s mass transit system. The latest incident happened late Wednesday night as a 26-year-old man and a woman,
close video Fed wants millions of Americans to lose jobs, cost of everything to go up: Fitz-Gerald The Fitz-Gerald Group principal Keith Fitz-Gerald and Sarge986 president Stephen Guilfoyle discuss the stock markets volatile reaction to the Fed’s rate hike on ‘The Claman Countdown.’ The number of Americans filing first-time unemployment benefits unexpectedly dropped to a
DALLAS, WE HAVE A PROBLEM — GPS interference caused the FAA to reroute Texas air traffic. Experts stumped Episode lasting almost 2 days prompted the closure of a runway at Dallas airport. Dan Goodin – Oct 19, 2022 11:30 pm UTC EnlargeGetty Images reader comments 74 with 62 posters participating Share this story Share on
testing the fences — Intel i9-13900K and i5-13600K review: Beating AMD at its own game AMD’s tech is ahead of the curve, but Raptor Lake swamps Ryzen with E-cores. Andrew Cunningham – Oct 20, 2022 1:00 pm UTC Enlarge / Intel’s new flagship desktop CPU, the Core i9-13900K.Andrew Cunningham reader comments 0 with 0 posters