The indictment of former Puerto Rico Gov. Wanda Vázquez on bribery charges damages the reputation of her political party, according to some analysts, but since her party is the only one advocating statehood for the island, the pain may be limited. Still, the arrest should have no impact on how long the Puerto Rico Oversight
In this article SPCE IRBT LYFT CVNA WBD Confetti falls as Lyft CEO Logan Green (C) and President John Zimmer (LEFT C) ring the Nasdaq opening bell celebrating the company’s initial public offering (IPO) on March 29, 2019 in Los Angeles, California. The ride hailing app company’s shares were initially priced at $72. Mario Tama
The Senate is set to take action Saturday on a newly inked budget reconciliation bill that continues to lack municipal market priorities but includes climate and energy provisions that issuers support. Under a deal struck to gain the vote of Sen. Kyrsten Sinema, D-Ariz., the bill now features a slightly revised 15% corporate minimum tax
Senior managers have agreed a 4 per cent pay increase with the operator of the UK’s rail infrastructure, potentially cushioning the blow from strikes later this month. The Transport Salaried Staffs’ Association on Friday said managers at Network Rail had voted in favour of the pay deal, which also includes better job security and a
The United States Labor market added 528,000 jobs in July, much better than the 258,000 estimate. Wages saw growth of 5.2% year-over-year and 0.5% over the month. This suggests that inflation remains high and the U.S. Federal Reserve may continue with its rate hikes in the near future. After staying in close correlation with the
The 2022 bear market has been brutal as more than $2 trillion in value has been wiped away from the crypto economy. In addition to record values lost, the crypto winter has managed to break a number of popular bitcoin price models like the rainbow price chart and Plan B’s infamous stock-to-flow model. Moreover, since
With the Bitcoin (BTC) price moving at a very steady pace during the crypto winter, the return on investment (ROI) on a new mining device seems like a shot in the dark. But a mining expert explained there may be hope for miners to make a comeback to profit. Phil Harvey, the CEO of crypto
Theta network was trading at its highest point in three months on Friday, as prices broke out of a key resistance level. Today’s move comes as crypto markets were mostly higher in the session, climbing 2.86% as of writing. Near protocol rose by 17%, also recording multi-month highs. Theta Network (THETA) Theta network (THETA) was
If you want to purchase shares right away, you are going to have to pay the asking price. Similarly, if you want to sell shares right away, you have to pay the bidding price. Bid: -What people are looking to get the order at -If you want to purchase 100 shares of Nike, you might
Clean energy ETFs are among the top-performers this year too, after a spectacular performance last year. Invesco Solar ETF: https://www.zacks.com/funds/etf/TAN/profile?cid=CS-YOUTUBE-FT-VID Invesco WilderHill Clean Energy ETF: https://www.zacks.com/funds/etf/PBW/profile?cid=CS-YOUTUBE-FT-VID ALPS Clean Energy ETF: https://www.zacks.com/funds/etf/ACES/profile?cid=CS-YOUTUBE-FT-VID Tesla: https://www.zacks.com/stock/quote/TSLA?cid=CS-YOUTUBE-FT-VID Enphase Energy: https://www.zacks.com/stock/quote/ENPH?cid=CS-YOUTUBE-FT-VID SolarEdge Technologies: https://www.zacks.com/stock/quote/SEDG?cid=CS-YOUTUBE-FT-VID Plug Power: https://www.zacks.com/stock/quote/PLUG?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on
Breakouts are like cheap tickets to a good movie. When they come out everyone wants them but only a few manage to get them. David Jones explains to the Trading 212 community how to see the early signs of a breakout and how to position yourself to jump in on a confirmed and more likely
Millions of people struggling with the rising cost of living are facing growing financial pain over the coming months as higher UK inflation leads to surging bills for variable and fixed-rate mortgage borrowers. The Bank of England on Thursday raised its main interest rate by 0.5 of a percentage point to 1.75 per cent, the
The Frank Gehry-designed headquarters that Facebook moved into in 2015 was a cavernous, elongated warehouse with concrete floors and a deliberately unfinished feel. At the very centre of the 500-yard, open-plan sprawl was a nest of desks where Mark Zuckerberg and his top lieutenants could congregate. The massive scale, the bustle and the sense of
The writer is author of ‘Two Hundred Years of Muddling Through: The Surprising Story of the British Economy’ The Bank of England’s new forecasts make for exceptionally grim reading. In recent months the bank’s governor Andrew Bailey has warned that the institution is walking “a narrow path” between the risks of continuing high inflation and
Bitcoin (BTC) saw fresh rejection at $23,500 resistance on Aug. 5 as United States equities failed to embrace surprisingly strong payroll data. “Collapsing real wages” poke fun at payroll print Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as bears kept the market in its intraday trading range. Wall Street opened with a whimper
UK government bond yields fell on Friday as traders shifted their expectations that the world’s largest central banks would prioritise tackling inflation ahead of economic growth. The yield on the benchmark 10-year gilt yield fell 0.02 percentage points to trade at 1.90 per cent in early trading as investors digested Thursday’s news that the UK
Meta, the social media company, is planning to issue its first set of bonds to finance new investments and operations, according to reports. The company will be selling $10 billion in debt, to maintain a healthy cash flow and fund buybacks, per statements of two people with reported knowledge of the deal. Meta to Issue
The US economy unexpectedly added 528,000 jobs last month, as payroll growth soared even in the face of tighter monetary policy and waning fiscal support, easing fears of a recession. The data, which showed the unemployment rate edging down to 3.5 per cent from 3.6 per cent, showed an acceleration in the pace of job
The average rate for the most popular type of mortgage in the U.S. fell below 5% for the first time in four months, capping the biggest two-week decline in 35 years. The national average rate for a 30-year fixed home loan dropped almost a third of a percentage point to 4.99% this week from 5.3%,
monkeybusinessimages | iStock | Getty Images It’s no secret that companies are reducing their real estate footprint. Even companies still committed to in-office work, but embracing a hybrid model, require less square footage and more use of shared office space. Now as the economy cools, and at least flirts with entering a recession, real estate