Welcome
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Thai SEC launches digital hotline for Zipmex users
In the aftermath of the Thai cryptocurrency exchange Zipmex stopping withdrawals last week, local financial regulators are stepping in to look into potential losses by investors. Thailand’s Securities and Exchange Commission (SEC) is taking action to collect all necessary information from investors on how they have been affected by issues on Zipmex. The regulator officially…
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Port Authority of NY&NJ has billions on tap as passenger rates rise
As the U.S. airline industry appears to shake off the lingering effects of the pandemic, experts expect a rapid return to profitability and previously predicted growth. After a staggering 96% drop in the volume of domestic air travel shortly after the adoption of travel restrictions in March of 2020, passenger flight rates have rebounded to…
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Michigan lands Fitch upgrade as reserves and cash balances reach for new peaks
Michigan drew an upgrade from Fitch Ratings over analysts’ view that a rebuilding of reserves and cash balances along with flush tax collections and conservative budgeting strengthens the state’s edge in weathering a future downtown. The upgrade to AA-plus from AA impacts $1 billion of outstanding general obligation debt and the Michigan School Bond Qualification…
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Beijing plans three-tier data strategy to avoid US delistings
China is preparing a system to sort US-listed Chinese companies into groups based on the sensitivity of the data they hold, in a potential concession by Beijing to try to stop American regulators from delisting hundreds of groups. The system is designed to bring some Chinese companies into compliance with US rules that require public…
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6 Questions for Pat Duffy of The Giving Block
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Pat Duffy, co-founder of The Giving Block — a crypto donation solution that provides an ecosystem for nonprofits and…
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Billion Dollar Secret Full Series 1
Watch the full series to learn how the Zacks Rank works.
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Stocks making the biggest moves midday: Snap, American Express, Verizon, Seagate and more
In this article MAT VZ STX SNAP AXP Signage for Snap Inc., parent company of Snapchat, adorns the front of the New York Stock Exchange, March 2, 2017 in New York City. Getty Images Check out the companies making headlines in midday trading. American Express — Shares of the credit card company climbed 2.9% as…
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Newly Renovated Apartment Fronts The Coliseum In Valencia, Spain
Set on the Mediterranean Sea, the busy port of Valencia, Spain, has a lively historic center. This newly renovated flat is in the heart of the city next to the town hall with its iconic clock tower and baroque features, the art nouveau Estación del Norte railway station and other landmark buildings. The walkable area…
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How the Fed’s escalating fight against inflation is hitting the hot housing market
The Covid-19 pandemic caused chaos in the U.S. housing market, with prices skyrocketing, inventories dwindling and intense bidding wars. Then came record inflation, which drove the price of everything higher. The U.S. Federal Reserve, though, is waging an intense fight against rising prices, using interest rates as its primary weapon. A side effect of raising…
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Finder’s $675 ETH Prediction, India Calls on G20 Re: Crypto Taxes, Peterffy Concerned BTC Could ‘Become Worthless or Outlawed’ — Bitcoin.com News Week in Review
In this week’s bite-sized digest of the hottest stories from Bitcoin.com News, a new Finder survey knocks down previous forecasts for ethereum’s price a notch, with crypto experts predicting lower long-term prices for the asset. Also, India calls on G20 nations to bring cryptocurrencies within the “Automatic Exchange of Information” framework, billionaire Thomas Peterffy weighs…
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Puerto Rico status act passes committee but faces new opposition
The U.S. House of Representatives Natural Resources Committee passed a binding plebiscite on Puerto Rico’s status Wednesday but immediately faced opposition by some United States-based diaspora groups. The bill would offer Puerto Rico voters three options: statehood, independence, or sovereignty in free association with the United States. The current status — remaining a territory —…
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Arizona clawback case dismissal is latest blow struck in complex policy fight
The dismissal of Arizona Gov. Doug Ducey’s lawsuit to block the Treasury Department from clawing back some pandemic relief money highlights both the complexities of state compliance with federal guidance and the antagonism that exists between certain states and the Biden administration. But while Ducey was unable to make his case in federal court this…
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Russian missiles hit Odesa after Moscow agrees grain export deal with Kyiv
Ukraine accused Russia of firing missiles at its key grain exporting port of Odesa on Saturday, a day after Moscow signed a deal allowing Kyiv to resume grain exports in a bid to alleviate the growing global food crisis. Two Kalibr cruise missiles hit Odesa’s port and two others were shot down by Ukrainian air…
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Caleres (CAL) and Cisco Systems (CSCO): 7/13/2022 Bull & Bear
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Markets face what could be the most important week of summer with Fed, earnings and economic data
A trader works on the floor of the New York Stock Exchange (NYSE), June 27, 2022. Brendan McDermid | Reuters There’s a head-spinning amount of news for markets to navigate in the week ahead, the biggest of which will be the Federal Reserve’s midweek meeting. The two largest U.S. companies — Microsoft and Apple —…
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Finance Redefined: DeFi’s downturn deepens, but protocols with revenue could thrive
Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights — a newsletter crafted to bring you some of the major developments over the last week. This past week, the DeFi ecosystem saw several new developments related to the DeFi lending crisis as Celsius filed for bankruptcy. At a time when bears…
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These Luxury Homes Offer 4 Compelling Reasons To Move To Northwest Montana
Whether you are looking for adventure or seeking tranquility, there is an undeniable allure to Big Sky Country’s stunning natural landscape with its snow-capped mountains and rolling green fields. After all, it is here where some of the country’s most famous national parks can be found, along with state treasures like Lone Pine State Park,…
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Fifth Wall closes half-billion-dollar climate fund to decarbonize global real estate
Fifth Wall, a venture capital firm focused on real estate technology, is tripling down on its bet that climate tech will become an integral driver in the real estate space. It just announced commitments of half a billion dollars to close its inaugural Climate Fund, which launched with $116 million in August of last year.…
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Smallest new-issue calendar of year to greet investors
Investors will be greeted Monday with the smallest new-issue calendar year-to-date ahead of the Federal Open Market Committee’s July meeting where rates are anticipated to be hiked at least three-quarters of a point. To end the week, munis were firmer, underperforming the extended U.S. Treasuries rally where yields again fell double-digit basis points. Equities ended…
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Court says Puerto Rico bankruptcy doesn’t override eminent domain claims
The U.S. Court of Appeals for the First Circuit ruled Puerto Rico must pay $400 million eminent domain claims in its bankruptcy, despite the Oversight Board’s arguments to the contrary. The ruling will not affect the amount bondholders are legally owed but will affect how much money the Puerto Rico government has to make the…
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