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Traders target $1,400 Ethereum price after ETH drops closer to a critical support level
On June 8 the Ethereum network successfully underwent the merge to become proof-of-stake on its Ropsten testnet, but the news had little impact on ETH price. With the Ropsten upgrade now looking more like a buy the rumor, sell the news type of event, most analysts have kept a short-term bearish outlook for Ether price. Let’s take a look.…
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Chicago Public Schools’ fund balance up and short term debt down
Chicago Public Schools is proposing to spend $9.5 billion in the next fiscal year after closing the books June 30 with an expected $1 billion fund balance and no short-term debt outstanding. Both measurements — tracked closely by market participants and rating agencies and key to the district returning to investment grade status — are…
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UK growth set to be worst in G20 apart from Russia, OECD warns
Economic growth in the UK will grind to a halt next year with only Russia, hobbled by western sanctions, performing worse among the G20 leading economies, the OECD forecast on Wednesday. The Paris-based organisation’s forecast highlighted the effects of high UK inflation still squeezing household and corporate incomes in 2023 alongside a further round of…
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SEC’s Gensler speaks Wednesday, and rules that overhaul market operations could be coming
Gary Gensler, chairman of the U.S. Securities and Exchange Commission (SEC), at the SEC headquarters office in Washington, D.C., U.S., on Thursday, July 22, 2021. Melissa Lyttle | Bloomberg | Getty Images SEC Chair Gary Gensler is trying to make good on his promise to address what he believes are deficiencies in the U.S. trading…
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Stocks making the biggest moves midday: Target, Kohl’s, Peloton and more
FILE PHOTO: Shoppers exit a Target store during Black Friday sales in Brooklyn, New York, U.S., November 26, 2021. Brendan Mcdermid | Reuters Check out the companies making headlines in midday trading. Target — Shares of the retailer fell more than 4% after the company said it will take a short-term hit to profits as…
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Father’s Day Gift Guide: Best Gifts For The Home
Father’s Day is almost here and if you haven’t ordered a gift for dad yet, it’s time to do it. If you’re unsure of what to buy him and he already has enough ties and shirts, you can’t go wrong with a gift for the home. Whether he’s into art, cooking, cleaning, or just everyday…
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‘Yellowstone’ boom pits lifetime Montana residents against wealthy newcomers
“Yellowstone” has become one of the hottest shows streaming. Filmed on location in the West, much of it in Montana, the scripted drama tells the story of a modern day ranch owner John Dutton, played by Kevin Costner, and his family dynasty. The storyline is deliciously captivating, with back-stabbing and family intrigue, high stakes power…
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IMF recommends eco-friendly CBDCs and non-PoW mechanisms for payments
An International Monetary Fund (IMF) study on energy consumption revealed the importance of design choices within the crypto ecosystem to build an environmentally friendly mainstream payment system. In the study entitled “Digital Currencies and Energy Consumption,” the IMF examined the energy consumption of crypto assets based on their distinct design elements to evaluate the ideal mechanism for developing central…
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California surplus plays role as Sacramento schools get rating outlook boost
The increase in funding to California schools from the state’s $97.5 billion surplus has helped earn Sacramento City Unified School District a revised Fitch Ratings outlook to stable from negative. The amount of money dedicated to schools in Gov. Gavin Newsom’s most recent budget proposal changed the dynamic for the Sacramento district, said Graham Schnaars,…
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This Week’s Hidden Gems: (BABY)(COHR)
Tracey Ryniec uncovers two top stocks that are flying under the radar. Natus Medical Inc.: https://www.zacks.com/stock/quote/BABY?cid=CS-YOUTUBE-FT-VID Coherent Inc: https://www.zacks.com/stock/quote/COHR?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
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Reporters’ roundtable
Transcription: Chip Barnett: (00:03)Hi, and welcome to The Bond Buyers reporters’ roundtable, an inside look from the experts at what will be happening around the country that’s of interest to you in the public finance arena. I’m Chip Barnett. And with me today is the core of the bond buyers regional coverage senior reporters, Yvette…
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Ukraine’s Zelenskyy says stalemate with Russia ‘not an option’
Ukrainian president Volodymyr Zelensky said a stalemate in the war with Russia was “not an option for us” as he once more appealed for western military support to restore his country’s territorial integrity. “We are inferior in terms of equipment and therefore we are not capable of advancing,” he said. “We are going to suffer…
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How to buy NFTs on Solana?
The burgeoning popularity of nonfungible tokens (NFTs) has led to issues like exorbitant transaction fees and congestion in the prevalent Ethereum-based ecosystem. The fee factor serves as a major deterrent to anyone wanting to execute transactions on the blockchain. A report published by Reuters revealed that the NFT sales volume was $24.9 billion in 2021,…
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Stocks making the biggest moves midday: Sunrun, Eli Lilly, DiDi Global, CrowdStrike and more
In this article RUN DIDI TWTR Tim McKibben, left, a senior installer for the solar company, Sunrun, and installer Aaron Newsom install solar panels on the roof of a home in Granada Hills. Mel Melcon | Los Angeles Times | Getty Images Check out the companies making headlines in midday trading Monday. Solar companies —…
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Renovated Contemporary Touts A Political Pedigree In Bethesda, Maryland
In the upscale Washington, D.C., bedroom community of Bethesda, Maryland, you don’t have to go far to find the home of a politician, a military official or a medical professional. This two-story contemporary, about 4 miles from Bethesda’s retail-oriented downtown, was the onetime residence of Jeane Kirkpatrick, the first female to serve as the U.S.…
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Housing wealth gains a record $1.2 trillion, but there are signs the market is cooling
Houses in Hercules, California, US, on Tuesday, May 31, 2022. Homebuyers are facing a worsening affordability situation with mortgage rates hovering around the highest levels in more than a decade. David Paul Morris | Bloomberg | Getty Images Homeowners are in the money, and it just keeps coming. Two years of rapidly rising home prices…
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Report: South Korea to Recruit Companies for Metaverse Content Creation Project
The South Korean science and ICT ministry has said it will recruit companies that will participate in its 2022 Metaverse Content Creation Project. A director in the ministry said the project is being promoted as part of the country’s industry-leading metaverse strategy. Building Trust in the Metaverse Content Creation Ecosystem South Korea’s Ministry of Science…
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Education to benefit from New York State’s new gambling revenue stream
Since New York legalized the sports gambling industry five months ago, residents of the state have made almost $6 trillion in bets, according to the New York State Gaming Commission’s latest numbers. In January, legislation took effect allowing nine authorized bookmakers to begin accepting wagers statewide. Those companies have grossed $425 million since, which has…
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TradeKing Options Platform Tutorial and Review (Part 3)
In this video, I go into detail about the TradeKing panel and how the options section works within TradeKing. If you are an options trader and are thinking about signing up to TradeKing – take a look at this options platform video overview. #tradekings #optionsplatform #tradingplatform #tradekingoptions #tradekingtutorial Posted at: http://tradersfly.com/stock-brokers/tradeking/ ???? Newsletter & Announcements…
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Airline Stocks to Buy After Boeing’s Big Deal
Which airlines stocks are winners after Boeing’s big sale?
Got any book recommendations?