Municipals underperformed a flight-to-safety rally in U.S. Treasuries as COVID-19 and its variants surge around the globe, pushing edgy investors to flee the stock market, as some contemplate the idea the economic recovery has peaked, and will potentially regress from the virus’ effects. Municipal triple-A benchmarks were pushed to lower yields by one to three
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Binance, the leading P2P exchange in Venezuela, is now present in several popular dollar indexes in the country. The price of USDT on Binance’s P2P platform is now used to calculate the average price of the dollar with other P2P and electronic markets. The Venezuelan currency, the Bolivar, took a plunge last week losing 10%
The rocky road that Bitcoin (BTC) has been on for the past two months continued on July 19 as a widely predicted move downwards materialized in the early hours on Monday and dropped the price of BTC below $31,000. Data from Cointelegraph Markets Pro and TradingView shows that a wave of mid-day selling pushed the price
In this article SPCE AMZN An uncrewed New Shepard rocket launches on the company’s NS-14 test flight in January 2021. Blue Origin VAN HORN, Texas — Near a small town in the West Texas desert, a quartet led by the world’s richest person is preparing to launch on a historic flight to the edge of
In this article WFC GSBD Employees work in the cargo hold of a Boeing 737 MAX 9 test plane outside the company’s factory, on March 14, 2019 in Renton, Washington. Stephen Brashear | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Delta, United, American Airlines — Airline stocks
Despite our best wishes, 2021 has been pretty wild so far. Of course this has had ripple effects into every industry, but real estate has been fascinating. People have new opportunities to negotiate lower rents and the prices of living in cities have dropped while the price of living in small towns has been on
A contractor works on the roof of a house under construction in the Stillpointe subdivision in Sumter, South Carolina, on Tuesday, July 6, 2021. Micah Green | Bloomberg | Getty Images The price of lumber on the future’s market has given up all of its gains for this year, falling by more than 50% in
The government of France has proposed that the European Securities and Market Authority, or ESMA, should regulate digital currency activity across the European Union. If enacted, this would establish a single authority over the crypto sector across the trading bloc and would create uniform regulations across the union through ESMA, as suggested by the French
President Joe Biden said he believes the surge in U.S. inflation is temporary and that he has told Federal Reserve Chairman Jerome Powell that he respects the central bank’s independence. Biden said Monday at the White House that recent price increases are “temporary,” countering Republican arguments that the president’s economic spending plans would cause inflation
European equities were heading for their worst session of the year as the growing threat of the Delta coronavirus variant triggered falls in global share markets and commodities, while investors sought havens in government bonds and gold. Europe’s region-wide Stoxx Europe 600 lost 2.7 per cent, the biggest drop since October, while London’s FTSE 100
Richard “Dick” L. Weill, 78, a pioneer in the financial guaranty insurance industry and former vice chairman of MBIA Insurance Corporation, died on July 4. With over 40 years of experience in the municipal bond industry, Weill was a former partner and municipal bond attorney at Kutak Rock before joining MBIA in 1989 as general
Bitcoin (BTC) bulls have successfully defended the $30,000 level in the past few days but the failure to achieve a strong rebound has some traders worried that the price will eventually dip to new lows. In a series of tweets, Ecoinometrics said that the current correction “looks very similar to 2013” when Bitcoin took 197
Co-founder and director of Netflix Reed Hastings delivers a speech as he inaugurates the new offices of Netflix France, in Paris on January 17, 2020. Christophe Archambault | AFP | Getty Images As second-quarter earnings season kicks into gear, Wall Street analysts are highlighting the stocks that are poised to deliver impressive quarterly performances. The
In this article DIDI 22UA-DE MRNA Check out the companies making headlines before the bell: Moderna (MRNA) – The drug maker’s shares surged 7.3% in the premarket on news that the stock would be included in the S&P 500 as of July 21st. It will replace Alexion Pharmaceuticals, which is being acquired by AstraZeneca (AZN).
Pinterest, YouTube, and Instagram have been the go-to for interior design inspiration in recent years, but TikTok is beginning to rival these platforms. While many people associate TikTok with Generation Z dance trends, it is also a great place for interior designers, hobbyists, and experts to share their tips, how-to advice, shopping hauls, etc. I
Serena Williams of The United States celebrates a set point in her ladies singles first round match against Irina-Camelia Begu of Romania on day two of the 2021 French Open at Roland Garros on May 31, 2021 in Paris, France. Stephane Cardinale | Corbis Sport | Getty Images Serena Williams is investing an undisclosed amount
Bitcoin (BTC) was on track to lose nearly $3,000 this week as a weekend of mixed price behavior came to an end. Trader hopes for last-minute BTC price volatility Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading at just above $31,500 late Sunday — a potential -$2,800 weekly candle. The weekend had produced little
Florida has seen 14 straight months of job growth, gaining 69,300 private sector jobs in June, the state’s Department of Economic Opportunity said Friday. June’s increase was more than double the May gain of 34,600 jobs and the largest rise of the year. Since the height of the pandemic in April 2020, Florida has gained
Opec and its allies have reached an agreement to raise oil production at a time of soaring prices after compromising over how the output targets of some of its largest members are calculated. Members of the Opec+ group including the UAE, Saudi Arabia, Russia, Iraq and Kuwait will all be awarded higher production baselines —
The Metropolitan Pier and Exposition Authority of Illinois trimmed its spread penalties in the first primary outing of an Illinois-linked borrower to reap the benefits of the state’s positive rating momentum. The agency that manages Chicago’s downtown convention center campus priced $811 million of refunding bonds Thursday. It saw a 98 basis point spread to