Welcome
-
Heat pumps are an energy upgrade for homeowners that’s becoming a climate and financial winner
Heat pumps are becoming more popular for residential housing with energy prices increasing and the need to reduce use of fossil fuel heating systems. Andrew Aitchison | In Pictures | Getty Images Thinking about a home heat pump? New and expanded government incentives, coupled with sharply rising utility costs, make it more compelling. Especially when…
-
New York State rushing toward casino decision as deficit looms
New York state is expected to issue three downstate casino licenses in the first half of 2023, with the facilities operating two years after, bringing a financial boon to the state and the winners. Already, the state has seen more than $500 million of revenue through early November from online gambling, which made its debut…
-
Blackstone may slow launch of PE fund after investor withdrawals
Blackstone has warned of the risk of delays to the launch of a new private equity fund designed for wealthy individuals, as it copes with heavy investor withdrawals at two other funds in real estate and credit aimed at a similar clientele. The New York-based investment manager has been preparing to open a fund called…
-
Ethereum and Litecoin make a move while Bitcoin price searches for firmer footing
Crypto price action has been rough over the past few months, but a few green shoots are finally beginning to emerge. While Bitcoin (BTC) remains in a downtrend, its price has recently found support at the $17,000 level, and ping-pong price action in the $16,700–$17,300 range appears to be allowing traders to pursue some interesting…
-
European Union to Put a 10,000-Euro Limit on Cash Payments; Transactions Over €1,000 in Crypto Will Be Scrutinized
The states of the European Union have convened to establish a new limit on cash purchases and to strengthen the controls on cryptocurrency transactions. On Nov. 6 the bloc agreed to put a limit of €10,000 ($10,557) on cash payments and to exert stronger oversight on crypto transactions of over 1,000 euros ($1,055). European Union…
-
Toomey-Warren bill would require more Fed accountability
Two influential members of the Senate Banking Committee introduced legislation Friday that would subject the Federal Reserve System to greater transparency requirements. The bill from Sens. Pat Toomey, R-Pa., and Elizabeth Warren, D-Mass., would classify the Fed’s 12 regional reserve banks as federal agencies under the Freedom of Information Act and the Federal Records Act. …
-
Stocks making the biggest moves midday: Netflix, Lululemon, DocuSign and more
In this article BBWI COST DOCU NFLX CVNA TSLA BYND LULU Follow your favorite stocksCREATE FREE ACCOUNT SOPA Images | Lightrocket | Getty Images Check out the companies making the biggest moves midday: Lululemon — Shares of Lululemon fell 12.85% after the athletic apparel company gave a weaker-than-expected fourth-quarter outlook. In the third quarter, the…
-
US regulator seeks feedback on DeFi’s impact on financial crime: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The United States regulators want to take a closer look at money laundering and terror financing laws by the Financial Crimes Enforcement Network (FinCEN), as it asked banking sector…
-
7 Bathroom Design Trends Going Away In 2023
The bathroom is one of the most important rooms in the home. Not only is it a sanctuary, but it’s also a space where the right design choice can add value. 2022 was a unique year for bathroom trends because it didn’t appear that there was anything majorly new, innovative, or must-have. Rather, homeowners were…
-
These are the best 10 metro areas for first-time home buyers — and how to make it more affordable no matter where you’re buying
The Central Business District of Pittsburgh J. Altdorfer Photography | Getty Images After bidding wars during the pandemic, demand for home purchases has fallen amid higher mortgage interest rates. That dynamic has made some markets are more attractive for first-time home buyers for 2023, according to a Zillow report released this week. The real estate…
-
Build America Mutual hires veteran healthcare analyst Martin Arrick
Martin Arrick, a longtime healthcare analyst, has been hired by Build America Mutual to head a program to increase coverage and analytical capability for insuring nonprofit hospital systems. Arrick was formerly a managing director and healthcare group leader for S&P Global Ratings. He retired in early 2020, one month before the pandemic, after having been…
-
Chancellor warns unions not to jeopardise Britain’s recovery
Jeremy Hunt has warned trade unions not to jeopardise Britain’s recovery, saying that high pay demands will hit the fight against inflation and harm the workers they are trying to protect. In an interview with the Financial Times, the UK chancellor did not deny that ministers had blocked a potential 10 per cent pay offer…
-
Small inflows return to mutual funds after weeks of strong performance
Municipals were little changed in secondary trading while the return of mutual fund inflows led by high-yield and a $770 million notes deal from the Triborough Bridge and Tunnel Authority took focus. U.S. Treasuries were weaker and equities ended in the black. The three-year muni-UST ratio was at 60%, the five-year at 67%, the 10-year…
-
Stocks making the biggest moves after hours: Lululemon, Costco and more
In this article COST DOCU LULU Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in after-hours trading. Lululemon – Shares of athletic apparel company Lululemon…
-
Ren protocol warns users to unwrap tokens or risk losses as upgrade looms
The developers of bridging platform Ren have warned users to unwrap their tokens and bridge them back to their native chains “ASAP,” or risk losing them. 1) Important notice ⚠️ As announced previously, the Ren 1.0 network is shutting down due to the events surrounding Alameda As compatibility between Ren 1.0 and 2.0 cannot be…
-
The Home Improvement Projects Spring Sellers Should Tackle Now (And What To Skip)
Sellers gearing up for the spring home shopping season need to roll up their sleeves now and spruce up their homes if they want to attract a shrinking pool of buyers. Investing in improvements, maintenance and repairs could pay off when it’s time to sell. New research commissioned by Zillow and conducted by The Harris…
-
Blackstone chief defends real estate fund amid rush for withdrawals
In this article BX Follow your favorite stocksCREATE FREE ACCOUNT Investors nervous about Blackstone’s real estate investment trust should view it as a long-term vehicle that’s well positioned for the future, the firm’s president said Thursday. Blackstone has taken heat over the past week for limiting withdrawals from the $69 billion private REIT, the Blackstone…
-
RFIBPG joins forces with BDA
Broker-dealers concerned about increasingly complex compliance issues may benefit from a new strategic alliance formed between the Bond Dealers of America and the Regional Fixed Income Best Practices Group, which was formerly known as the Regional Municipal Operations Association. “The RFIBPG is now a division of the BDA, similar to the BDA’s Bond Pricing Institute,”…
-
ExxonMobil announces $50bn buyback despite political backlash
ExxonMobil will expand its share buyback programme to $50bn as the US supermajor defies a political backlash by handing investors the profits from surging oil and gas prices. Exxon said it would spend $50bn in the three years to 2024 buying back its own shares, an increase from the current $30bn programme that was due…
-
FTX’s Bankman-Fried to face market manipulation probe, Do Kwon chimes in
United States federal prosecutors have reportedly begun investigating whether the collapse of the Terra ecosystem was in fact triggered by market manipulation tactics by former FTX CEO Sam Bankman-Fried. According to a Dec. 7 report from The New York Times (NYT), the prosecutors — as part of a broader inquiry into FTX’s own collapse —…
Got any book recommendations?