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Robinhood shares jump 25% after crypto CEO Sam Bankman-Fried acquires stake
Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Robinhood shares jumped 26% on Friday, a day after the CEO of a major crypto exchange took a…
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Investors could get a reprieve from vicious stock sell-off in week ahead
In this article HD .SPX A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, May 5, 2022. Andrew Kelly | Reuters Investors could get a reprieve in the week ahead from the vicious selling cycle that has gripped the stock market since late March. Stocks bounced off…
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5 Things That Should Happen During A Home Inspection
So, you found the perfect home (nice!) and you put in an offer (very nice!) and your offer was accepted (SUPER nice!)… now it’s time to have your new purchase inspected. Buyers pay for inspections in order to do their due diligence and ensure that the home is in good shape before completing the purchase.…
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This flashy Bel Air mansion that was listed at $87.8 million flopped at auction — and now the seller is furious
Marc & Tiffany Angeles An over-the-top modern mansion in Bel Air was listed for $87.8 million for an auction this week. But the highest bid came in just under $45.8 million, according to the home’s seller, dermatologist-turned-developer Alex Khadavi. “Horrible, Horrible, Horrible!” was how Khadavi characterized the auction results to CNBC. He filed for Chapter…
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Chainalysis Reaches $8.6 Billion Valuation In $170 Million Series F Funding Round
Chainalysis, a cryptocurrency security and blockchain auditing firm, has announced it has completed a new funding round for its operations. The company raised $170 million in its Series F funding round, which was led by GIC — the Government of Singapore Investment Corporation — and also had the participation of earlier investors. With this capital…
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Personal Finance 101: Mortgage Interest Deduction
What is the Mortgage Interest Deduction and how can you use it to help save money on your federal income taxes? In this episode of Personal Finance 101, Madeleine Johnson walks you through the basics. She also helps explain how this popular deduction was changed by the Tax Cuts and Jobs Act of 2017.
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What’s the Relative Strength Index (RSI)
“In this latest in our series of videos introducing technical indicators, we further explore oscillators, explaining why they are called leading indicators, before focussing on the Relative Strength Index (RSI). We demonstrate how to use the RSI, explain how it is calculated and run through the basics of using this momentum oscillator. Test and practice…
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UST weakness, more selling pressure pushes muni yields higher
A reversal of U.S. Treasuries added more selling pressure on municipals Friday with another day of cheaper trading in the secondary leading to cuts in triple-A scales after a week of underperformance to taxables that pushed ratios firmly above 100% out long. Municipal triple-A benchmark yields rose up to five basis points in another rough…
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3 reasons why Cardano can sink further despite ADA price bouncing 58%
Cardano (ADA) pared a big portion of the weekly losses incurred during this week’s crypto market rout. ADA’s price reached an intraday high of $0.60 on May 13, a day after rebounding from its week-to-date low of $0.38 — a 58% rally. The huge upside retracement appeared in the wake of similar price action in the…
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Advocate Aurora and Atrium plan multi-state hospital merger
Illinois-based Advocate Aurora Health and North Carolina-based Atrium Health plan to merge, which would create the fifth largest not-for-profit health system by revenues nationally. The hospital chains would create a joint operating system under the name Advocate Health that would operate 67 hospitals across Illinois, Wisconsin, North Carolina, South Carolina, Georgia and Alabama with combined…
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Analysts say Ether price must hold this key level to avoid a capitulation-like move
The crypto market experienced another day of pain on May 12 as the fallout from the Terra’s LUNA and UST failure continues to ripple across the ecosystem. While the coverage for UST and its impact on Bitcoin (BTC) have been extensively covered over the past few days, the pullback has also had a significant impact…
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Norwegian oil fund denounces ‘corporate greed’ over executive pay
The world’s largest sovereign wealth fund has attacked “corporate greed” and excessive pay for “mediocre performance” and vowed to take action against the worst offenders. Nicolai Tangen, chief executive of Norway’s $1.2tn oil fund, told the Financial Times that it would in particular target large salary packages that were not justified by performance, or were…
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Heavily shorted online used car seller Carvana surges nearly 25%, is halted several times
In this article CVNA A Carvana used car “vending machine” on May 11, 2022 in Miami, Florida. Joe Raedle | Getty Images Shares of online used car retailer Carvana surged Thursday amid a wild trading session in which several heavily-shorted stocks popped. The stock was up about 23% around 11:50 a.m. ET. Trading was halted…
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Stocks making the biggest moves midday: Carvana, GameStop, AMC, General Motors and more
In this article CVNA GM GME Source: NYSE Check out the companies making headlines in midday trading Thursday. Carvana — Shares of the online used-car retailer popped nearly 30%, alongside other heavily shorted stocks. Nearly 29% of Carvana shares available for trading are sold short, according to FactSet. The company has faced negative sentiment on…
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To Find Space In A Historic New York Building, Look Up
Atop a landmarked Beaux-Arts building dating to the turn of the 20th century in Manhattan’s Carnegie Hill, a pavilion rises above the roof, its clean lines and vast windows unabashedly announcing this as a brand new luxury penthouse. The Wales Hotel was built in 1899 and operated as a hotel until recently, when it was…
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Cushman & Wakefield appeals subpoenas order in Trump Organization probe by New York attorney general
In this article CWK The entrance to Trump Tower on 5th Avenue is pictured in the Manhattan borough of New York City, May 19, 2021. Shannon Stapleton | Reuters Commercial real-estate services giant Cushman & Wakefield on Wednesday appealed a judge’s order that it comply with subpoenas issued by the New York attorney general’s office…
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Cathie Wood’s Ark Innovation ETF (ARKK) Is Ripe For A Buy Under $100
Ark Innovation ETF (ARKK) has become the gold standard for high-growth equities and sub-$100 is an excellent entry point. Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
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Munis mixed amid inflation-fueled volatility in UST, equities
Municipals were mixed Thursday as the last of largest new-issues priced in the primary led by the Port Authority of New York and New Jersey, while U.S. Treasuries caught a risk-on trade and equities rebounded near the close after larger losses earlier in the session in another volatile day. Triple-A benchmark yields rose up to…
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Illinois stadium agency wins back one investment grade rating
S&P Global Ratings lifted the Illinois Sports Facilities Authority out from junk territory, upgrading the authority to BBB-minus from BB-plus. The hotel taxes that repay its Soldier Field bonds are on the mend and the agency is no longer putting efforts to spare Chicago’s city government from covering gaps between its tax revenue and debt…
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Retail investors are continuing to buy the dip in tech despite recent turmoil, says TD Ameritrade
In this article 2330-TW ADBE TWTR NVDA AMD Retail investors have continued to buy the dip in the recent market turmoil, even liking tech despite the sector rout, according to brokerage TD Ameritrade’s AJ Kahling. “Our indicators, TD Ameritrade [Investor Movement Index], just came out this morning indicating indeed that the retail traders are continuing…
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