Quartr A new start-up is attempting to modernize the investor relations industry to meet the surge of new retail investors. Swedish start-up Quartr recently raised $4.5 million to help build out its product, which includes recordings of earnings calls and financial documents from major companies. Investors in Quartr include executives at the Ritholtz Group —
Traders work on the floor of the New York Stock Exchange (NYSE) on October 15, 2021 in New York City. Spencer Platt | Getty Images After a disastrous 2020, when many corporations were forced to cut dividends, these payments to shareholders have been rising for the last several quarters. The dollar value of dividends paid
A worker wields hinges to the company’s largest commercial asphalt paver at the Calder Brothers’ facility in Taylors, South Carolina, U.S., July 19, 2021. Brandon Granger | Calder Brothers Corporation | Reuters Hiring is expected to have picked up at a solid pace and wages likely continued to climb in October, as Covid receded and
For the past two years, housing supply has barely kept pace with the growth in housing demand. But there are signs that the market is turning a corner. A new report from Redfin, a technology-powered real estate brokerage, shows the supply of America’s most affordable homes for sale jumped a record 13% year over year in the third quarter as mortgage forbearance
The entrance to Trump Tower on 5th Avenue is pictured in the Manhattan borough of New York City, May 19, 2021. Shannon Stapleton | Reuters The Manhattan District Attorney’s office has convened a new grand jury for its ongoing probe of the company owned by former President Donald Trump, according to a new report Thursday.
On a day when the Federal Open Market Committee made taper official, equities hit all-time record highs and U.S. Treasuries lost ground, while municipals made gains early on and stuck with them in an actively traded secondary. High-grade benchmark yields fell one to three basis points while USTs ended the day higher after an up-and-down
One of Austria’s most senior military officials has been removed from a sensitive government position amid concerns over his links to Jan Marsalek, the former chief operating officer of fraudulent payment company Wirecard. Brigadier Gustav Gustenau was until recently head of the office of security policy within the Austrian ministry of defence — which provides
press release PRESS RELEASE. Palo Alto, CA – LTNM, the next generation, insured asset-backed cryptocurrency, is proud to announce an exclusive partnership with OSO ATMs, one of the biggest ATM providers, to help install 100,000 LTNM ATMs across all fifty states in the United States. Developed by Monsoon Blockchain Corporation on behalf of the LTNM
Puerto Rico’s economic activity index for August showed improvements from July and from August 2020. The index’s value was up 0.2% from July and up 3.3% from August 2020. August was the second consecutive month the index went up on a month-to-month basis. “The recovery in economic activity continues but at a weaker pace,” said
The blockchain gaming ecosystem has seen explosive growth over the course of 2021 as nonfungible tokens (NFT) and the play-to-earn gaming model helped create new income opportunities for people around the world while also ushering in a new cohort of users to the cryptocurrency sector. One project involved in gaming and the building of the
In this article WFC Wells Fargo CEO Charles Scharf listens during the Milken Institute Global Conference in Beverly Hills, Calif., on April 30, 2019. Kyle Grillot | Bloomberg | Getty Images Wells Fargo isn’t out of the woods yet when it comes to its regulatory mess. That’s the message the bank sent in its most
Jerome Powell, Chairman of the U.S. Federal Reserve, testifies before the Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C., September 23, 2020. Kevin Dietsch | Reuters Following the Federal Reserve’s statement that it would start winding down its bond program, the futures market moved slightly to show that traders expect the Fed to
If all goes to plan, Wrapped XRP (wXRP) will be coming to the Ethereum (ETH) blockchain next month, courtesy of Wrapped.com. The move is meant to enable Ripple (XRP) holders to interact with aspects of decentralized finance, or DeFi, such as executing smart contracts for use in borrowing and lending, swapping for altcoins, via their
Housing markets across the United States have had to weather one of the most unpredictable events in recent history (the Covid-19 pandemic, of course). While many housing markets saw prices dip in 2020 as the pandemic’s impact took hold, many have also seen remarkable recoveries in their prices and buying activity in 2021. The median
In this article COLM CLBK Even though the Federal Reserve didn’t raise its benchmark rate Wednesday, the days of low rates are clearly numbered. Reports of hotter-than-anticipated inflation have paved the way for the central bank to unwind last year’s bond buying. While the Fed said that interest rates will stay near zero for now,
As the lights and tumult died down, New York City Mayor-elect Eric Adams stood among his supporters at his campaign headquarters in Brooklyn and looked out over the crowd. Just having defeated Republican Curtis Sliwa, by a 73% to 23% margin Tuesday night, Adams felt it was time to bring home his message of unity
The Mark Carney-led coalition of international financial companies signed up to tackle climate change has up to $130tn of private capital committed to hitting net zero emissions targets by 2050. The Glasgow Financial Alliance for Net Zero (Gfanz) — which is made up of more than 450 banks, insurers and asset managers across 45 countries
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The government of El Salvador is embarking on its next Bitcoin-related project which involves building schools using profits the nation has made on the asset. Profits or the “surplus” from the state’s Bitcoin Trust account will be channeled into the construction of 20 schools according to President Nayib Bukele. On Nov. 2, the Press Secretary
President Joe Biden said he’ll announce soon his choice of nominees for chair and other vacancies on the Federal Reserve, amid a scandal over stock trades by central bank officials. “We’ll be making those announcements fairly quickly,” he said Tuesday at a press conference at a climate summit in Glasgow, Scotland. Biden has started meeting