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Octopus submits last-minute bid for electricity supplier Bulb
Octopus Energy has made a last-minute entry in a three-way race to buy collapsed electricity and gas supplier Bulb, according to two people close to the deal. Centrica, the owner of British Gas, and Masdar, an Abu Dhabi-based energy company, are also in talks with the UK government as it tries to secure bids ahead…
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Bitcoin’s real energy use questioned as Ethereum founder criticizes BTC
The ever-raging debate around Bitcoin’s energy consumption has been re-ignited, with founding member of Ethereum Anthony Donofrio claiming that Bitcoin is using “way too much” energy. According to figures from Digiconomist, Bitcoin (BTC) currently uses 0.82% of the world’s power while Ethereum (ETH) uses 0.34%. Ethereum researcher Justin Drake posted the figures to his 56,000…
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This SPAC is merging with an already-public company as sponsors get creative before time runs out
In this article FOUN Traders on the floor of the NYSE, June 8, 2022. Source: NYSE SPACs are known to be a roundabout investment vehicle to take private companies public. Not this one. Bull Horn Holdings is merging with biotech Coeptis Therapeutics, a public company traded over the counter. The SPAC sponsors told CNBC they went for…
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Stocks making the biggest moves after hours: DocuSign, Vail Resorts and more
In this article ILMN MTN SFIX DOCU The Docusign Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Here are the stocks making notable moves after the bell on Thursday, June 9. DocuSign — Shares of the software company…
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L.A. Penthouse That Was Once Home To Johnny Depp And Amber Heard Lists For $1.7 Million
The Los Angeles penthouse where Johnny Depp and Amber Heard living during much of their brief marriage is on the market for $1.765 million. With all the notoriety the former couple attracted during their headline-making court case, what better time to put the love nest on the market? Though the pair were only married for…
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Here’s how to fight a higher-than-expected property tax bill
Momo Productions | Digitalvision | Getty Images If the value of your home ballooned during the pandemic, you may receive an inflated property tax assessment in the mail. There are ways, however, to combat a higher bill, experts say. Despite double-digit growth in single-family home prices, property taxes only increased by 1.8% in 2021, with…
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Deloitte Survey: 85% of Merchants Say Enabling Crypto Payments Is High Priority
A survey conducted by Deloitte in collaboration with PayPal found that over 85% of merchants “are giving high or very high priority to enabling cryptocurrency payments.” In addition, “nearly three-quarters of those surveyed reported plans to accept either cryptocurrency or stablecoin payments within the next 24 months.” Majority of Merchants Surveyed Plan to Enable Crypto…
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Puerto Rico Oversight Board pushes back on conflict of interest claims
The Puerto Rico Oversight Board is arguing that the U.S. District Court for Puerto Rico does not have subject matter jurisdiction over a recent conflict-of-interest complaint filed against a law firm representing it. The board said the Court lacks subject matter jurisdiction over a dispute between two “non-Title III debtor third parties that does not…
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Ep 155: Before Trading or Investing in an IPO: What YOU Should KNOW!
Today we’re going to take a look at investing in IPOs or initial profit offerings. Investing in IPOs is something that people are often attracted to because they think that company could be the next Google, it could be the next Facebook or the next Microsoft, and as those companies increase their value in the…
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What Investors Need to Know About Biotech ETF Investing
Despite concerns over a bubble and regulation, biotech investing remains very hot for investors. It doesn’t hurt that even with the recent sell-off the space is easily outperforming broad indexes so far in 2015. But with added risks, it might be time for investors to consider an ETF approach to the space so that one…
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Currency Pairs | Trading Terms
Why do currencies always come in pairs in trading? That’s a question many new traders ask when they come across their first charts and graphs. Here to explain one of the building blocks of Forex is trading expert David Jones. In this video you’ll see the components of currency pairs broken down, explained and put…
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Case Western Reserve joins century bond club amid steady uptick of rates
Cleveland-based Case Western Reserve University joined the small club of century bond higher education borrowers this week to lock in what university officials said is a still-attractive long-term rate. The coupon on the Wednesday sale was set at 5.405%, for a 220 basis point spread to the comparable Treasury benchmark. The bullet maturity is due…
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ECB takes hawkish turn to counter record-high inflation
The European Central Bank has paved the way for a series of rate rises, starting with a quarter-percentage point move in July and raising the prospect of a bigger half-point shift in September. The ECB said in a statement on Thursday that its governing council “intends to raise the key ECB interest rates by 25 basis…
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Tether deploys new USDT token on the Tezos blockchain
Leading cryptocurrency stablecoin Tether has announced the launch of a new asset, Tether (USDT) tokens built on the Tezos blockchain, and with the ambition of expanding their digital footprint across the digital payments and decentralized finance (DeFi) sector. According to the press release, “USDT on Tezos will power revolutionary applications across payments, DeFi, and more.” In…
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Trading exchange execs ask if tough times are ahead as market-altering rules loom
In this article NDAQ ICE CME SCHW HOOD Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), listens during a Financial Stability Oversight Council (FSOC) meeting at the U.S. Treasury in Washington, D.C., U.S., on Monday, Dec. 9, 2013. Andrew Harrer | Bloomberg | Getty Images We are live on Wednesday at Piper Sandler’s…
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Stocks making the biggest moves midday: DocuSign, Campbell, Moderna and more
In this article DOCU The Docusign Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Campbell Soup – The food company saw shares gain 2.3% after reporting a better-than-expected quarterly…
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Homes In States With The Highest Share Of Same-Sex Couple Households Cost $116,000 More On Average
June marks the annual observation of LGBTQI+ Pride Month, a month honoring those who are lesbian, gay, bisexual, transgender, queer and intersex. To commemorate the occasion, online loan marketplace LendingTree analyzed data from the U.S. Census Bureau’s 2020 American Community Survey data to compare home prices in the states where households occupied by same-sex couples…
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Trump and his kids, Don Jr. and Ivanka, set to testify in New York attorney general investigation starting July 15
Republican presidential candidate Donald Trump (C) gives two thumbs up as Donald Trump Jr. (L) and Ivanka Trump (R) stand and cheer for Eric Trump as he delivers his speech during the third day of the Republican National Convention on July 20, 2016 at the Quicken Loans Arena in Cleveland, Ohio. Joe Raedle | Getty…
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Short-end strength, long-end pressure steepens yield curve
The triple-A yield curve steepened further Wednesday, with municipals better on the short end and much weaker out long while a large general obligation deal from Maryland took the focus in the primary. U.S. Treasuries were weaker and equities ended in the red. Triple-A yields were bumped as much as five on the short-end and…
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Should You Buy Biotech ETFs Now?
Biotech stocks are rallying this month.
Got any book recommendations?