Municipal market participants question the wisdom of executing Puerto Rico’s bankruptcy without local legislative approval for new bonds and instead relying on court-approved debt, as the Oversight Board is exploring. New bonds are key to Puerto Rico’s exit from bankruptcy, as are cuts to Puerto Rico’s three main pension systems: the Employees Retirement System, Judicial
The new commissioner of Japan’s Financial Services Agency (FSA), Junichi Nakajima, believes the country needs to think carefully before making Bitcoin (BTC) and other cryptocurrencies more accessible to the general public. Nakajima believes crypto assets like Bitcoin have the potential to benefit the public as a quick and cheap way to transfer money, he said in
In today’s episode of let’s talk stocks, we are going to go back to another technical analysis video, and we’ll take a look at the symmetrical triangle pattern. I’m going to show you both the bullish and bearish case scenario for this pattern. We’ll take a look at what the pattern looks like, its previous
Wall Street is paying close attention to developments in Washington D.C. as President Trump, trade talks, and the Fed continue to make headlines. Nevertheless, indexes are near all-time highs, and Ryan McQueeney has is eyes on two dividend-paying stocks: Caterpillar (CAT) and Sony (SNE). Caterpillar: https://www.zacks.com/stock/quote/CAT?cid=CS-YOUTUBE-FT-VID Sony: https://www.zacks.com/stock/quote/SNE?cid=CS-YOUTUBE-FT-VID
A Falcon 9 rocket launches the Transporter-1 mission in January 2021. SpaceX SpaceX is acquiring satellite data start-up Swarm Technologies, in a rare deal by Elon Musk’s space company that expands the team, and possibly the technological capabilities, of its growing Starlink internet service. Swarm, which has 120 of its tiny SpaceBEE satellites in orbit,
The RealReal exterior Soruce: CNBC Check out the companies making headlines after the bell on Monday. Kansas City Southern — The railway holding company is up 6.2% amid reports that Canadian Pacific Railway is planning to make an increased offer on it of $300 per share in a cash-and-stock deal. People familiar with the situation
Nova Scotia—Concierge Auctions, the largest luxury real estate auction marketplace in the world, will bring Whaleback Estate to auction on August 26, via the firm’s digital marketplace. According to listing agents Mariana Cowan and Ian Smith, the team opted to bring the 6,790-square-foot estate to auction because “the format drives healthy competition…auctions are used for virtually
Kseniya Ragozina | Getty Images Small investors who might not have the funds – or the stomach to be landlords – have a new option to get in on the lucrative single-family rental market. Fundrise, which started in 2012 as a crowdfunding platform for commercial real estate, is broadening its scope to single-family rental homes.
Municipals were a touch weaker to start the week as U.S. Treasury yields rose again, with the 10-year topping out at 1.32% and the 30-year creeping closer to 2% while equities were mixed on negative COVID Delta news. Triple-A benchmarks saw cuts of one to two basis points across the curve, but still outperformed two
The Pentagon plans to make Covid-19 vaccines mandatory for US troops by mid-September, as the country grapples with a rise in cases caused by the spread of the contagious Delta variant. “To defend this nation, we need a healthy and ready force,” wrote Lloyd Austin, defence secretary, in a memo to US forces released on
The Puerto Rico Oversight Board filed a brief summarizing the arguments it will make in November’s Plan of Adjustment hearing, arguing it has treated the creditors fairly, the plan is in their best interests, and its plan preempts dozens of local laws. The board was required by bankruptcy Judge Laura Taylor Swain to file an
A Brazilian federal court ordered the sale of a bitcoin stash worth $1.1 million. The sale was conducted by the largest regulated exchange in the country, Mercado Bitcoin. The Federal Police seized the bitcoin sold from Tradergroup, a company that allegedly was operating as a Ponzi scheme, under the facade of being a cryptocurrency investment
Bitcoin’s (BTC) rally above $45,000 suggests that the short-term sentiment has turned positive and this has increased buying interest across the board and pushed the total crypto market capitalization above $1.8 trillion. Driven by the tailwind of the London hard fork, Ether (ETH) broke above the $3,000 mark on Aug. 7. While the rally in
Today you’re going to learn what a put option is, when do people use it and why you may want to purchase a put option. What is a put option? When you’re buying a put, it means you’re looking for the stock to go down, which means you have a slightly bearish outlook. If you’re
Robotics ETFs provide a convenient way to gain diversified exposure to robotics, artificial intelligence and automation companies. Rbo Global Robotics and Automation ETF: https://www.zacks.com/funds/etf/ROBO/profile?cid=CS-YOUTUBE-FT-VID Global X Robotics and Artificial Intelligence Thematic ETF: https://www.zacks.com/funds/etf/BOTZ/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Jeff Lawson, co-founder and chief executive officer of Twilio Inc., center, rings the opening bell on the floor of the New York Stock Exchange in New York, Sept.17, 2018. Michael Nagle | Bloomberg | Getty Images Given the uncertain financial landscape, investors want to know how they can pinpoint stocks that are poised to deliver
A ‘We’re Hiring!’ sign is displayed at a Starbucks on Hollywood Boulevard on June 23, 2021 in Los Angeles, California. Mario Tama | Getty Images July’s strong jobs report puts the Federal Reserve on track to slow its bond purchases — if the spread of Covid doesn’t hurt the economy and hiring later in the
While there will hopefully be many lessons learned from this pandemic—how to make a sourdough starter, how to keep houseplants alive, how to practice gratitude—none is perhaps more important than how to take care of one’s mental and physical health. Maintaining mental and physical wellness can be done in a variety of ways—anything from meditation
Richard Stephen | iStock | Getty Images Leopold broke down his bed and his children’s bunk beds and packed up his belongings, preparing for himself, his wife and their six children to become homeless. “I was trembling,” said Leopold, who asked to use his first name only because of the stigma attached to eviction. “But
After a 13% rise in two days, Bitcoin’s (BTC) market capitalization surpassed $800 billion to reach its highest value in 79 days. During the same timeframe, Ether (ETH) accumulated a 45% gain in two weeks, placing the network’s market capitalization at $340 billion. Positive expectations for the London hard fork and its potential deflationary effect