In this article ETC.BF= BTC.BS=-USS Tony Andrews | Twenty20 U.S. homebuyers apparently aren’t all that interested in paying their mortgages in cryptocurrencies like bitcoin. United Wholesale Mortgage, which made its public debut in January via a special purpose acquisition (SPAC) merger, began piloting crypto payments in August in a first for the industry. But CEO Mat Ishbia
The historic settlement between states and drug companies over the U.S. opioid epidemic is unlikely to have a material impact on the municipal bond market, said Barclays in a new report. The pending $26 billion deal is the largest attorney general multi-state enforcement action in history after the 1998 tobacco master settlement agreement. But it’s
Goldman Sachs reported a 60 per cent rise in quarterly profits, capping a week of bank earnings in which Wall Street firms reaped billions of dollars from a record burst of dealmaking. On Friday, Goldman reported third quarter group earnings per share of $14.93 on total net income of $5.4bn, up from $3.4bn a year
Bitcoin (BTC) rose within a few steps of $63,000 today for the first time since April 18. The recent surge in the price may have been caused after various documents pointed to the eventual approval of a futures-based BTC ETF by the United States Securities and Exchange Commission. According to these documents, the regulator may
Municipals ended the week steady even as U.S. Treasuries lost ground and equities rallied on better consumer data and corporate earnings. Triple-A benchmark yields were left unchanged as the 10-year UST rose six basis points while the 30-year climbed three. Ratios fell on the day’s moves, with the 10-year municipal-to-UST ratio at 74% and the
Andrew Toth | FilmMagic | Getty Images “The Big Short” investor Michael Burry inquired about ways to bet against bitcoin just before the world’s largest cryptocurrency hit a six-month high to breach the $60,000 level. “Ok, I haven’t done this before, how do you short a cryptocurrency,” Burry said in a Wednesday tweet. “Do you have
Traders works at the New York Stock Exchange (NYSE), August 4, 2021. Andrew Kelly | Reuters Cryptocurrency enthusiasts and the exchange-traded fund industry are bracing for the first bitcoin futures ETF to begin trading on Tuesday, when the ProShares Bitcoin Strategy ETF is scheduled to debut at the NYSE. One catch: The ETF goes active
In this article GS SPCE JBHT Signage at 23andMe headquarters in Sunnyvale, California, U.S., on Wednesday, Jan. 27, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. J.B. Hunt Transport Services — Shares of J.B. Hunt jumped more than 9% after the company beat estimates on
Solana (SOL) price technicals suggest SOL can hit $275 in the coming sessions. The upside outlook for the world’s sixth-largest cryptocurrency by market capitalization comes as it consolidates inside a range that appears like a Bull Pennant. In detail, Bull Pennants are bullish continuation indicators that form as the price consolidates inside a Symmetrical Triangle-like
Big-time Hollywood producer Joe Roth is heading east from his Holmby Hills mansion and moving to nearby Beverly Hills. The longtime film and TV executive and founder of multiple production companies, including Morgan Creek Productions and Revolution Studios, has paid $23 million for a stylish Midcentury Modern home in the 90210 in an off-market deal,
An exterior view of China Evergrande Centre in Hong Kong, China March 26, 2018. Bobby Yip | Reuters BEIJING — The People’s Bank of China said Friday that indebted developer China Evergrande is its own case, and that most real estate businesses in the country are stable. Property giant Evergrande has $300 billion in liabilities
Puerto Rico bankruptcy Judge Laura Taylor Swain denied motions for bondholders and wage claimants to have until Oct. 25 or beyond to cast their vote on the proposed Plan of Adjustment. On Wednesday, Swain rejected bondholder Peter Hein’s motion to extend the deadline for retail bondholders. The motion would have extended the voting period from
Japan’s new prime minister has pledged to move the country away from neoliberal fundamentalism as he lambasted his own party’s failure to deliver broad-based growth under the Abenomics programme that defined the economy for almost a decade. In his first interview with international media since taking over Japan’s leadership this month, Fumio Kishida told the
This is how to trade options no one to talk about what exactly is a calendar spread. This is just an overview so it’s not going to get in detail about calendar spreads but i just want to give you an overview insight of what a calendar spread is. First of what you’re doing with
The U.S. Securities and Exchange Commission (SEC) has tweeted about investing in funds that hold bitcoin futures contracts. This has sparked optimism within the crypto community that the regulator may soon approve bitcoin exchange-traded funds (ETFs), especially those investing in bitcoin futures. Optimism Grows That SEC Will Approve a Bitcoin Futures ETF Soon The official
Municipals were stronger as the New York Urban Development Corp. led the primary with $1.76 billion of taxable and exempt sales tax bonds in the competitive market while Refinitiv Lipper reported a rebound in fund inflows. Triple-A benchmarks were bumped a basis point in spots along the yield curve, but the asset class has underperformed
Ether (ETH) entered a slightly bullish channel earlier this month, and currently the price is marching toward the $3,800 level. Despite the recent turbulence, Ether bulls are set to bag a $53 million profit on this Friday’s weekly options expiry. Investors also appear to be disinterested in Ether’s recent underperformance versus Bitcoin (BTC), and to
Matt Amodio, whose prolific run on “Jeopardy!” came to an end earlier this week, told CNBC on Thursday he has no risky investment plans for his winnings. “I’ve got the boring answer. I’m going to do long-term invest and hold,” Amodio said on “Squawk on the Street.” Before losing in the episode that aired Monday,
In this article BAC CAT WFC WBA MS UNH Check out the companies making headlines before the bell: UnitedHealth (UNH) – The health insurer’s shares rose 2.2% in the premarket after beating on the top and bottom lines for the third quarter and raising its full-year earnings forecast. UnitedHealth earned $4.52 per share, 11 cents
Nick Ron, CEO of House Buyers of America, is a tech-savvy industry veteran with over 20 years of experience as a real estate investor. The rapid rise in demand for housing and the sharp increase in home prices have led many to ask, “Are we in a bubble?” The short answer is no. Low inventory has plagued