Country Garden Holdings Co.’s Fengming Haishang residential development in Shanghai, China, on Tuesday, July 12, 2022. Qilai Shen | Bloomberg | Getty Images Shares of beleaguered Chinese real estate company Country Garden Holdings slumped to an all-time low on Friday as the company issued a profit warning a day earlier. The stock fell to an
Grails by PROOF Season IV Collecting art is historically not just about the art itself but who the artist is and the story behind the piece. The emergence of NFTs as a way to attribute provenance to digital objects has seen an explosion of interest in the past few years, even if that’s currently seeing
Hawaii Gov. Josh Green called the fires that have devastated Maui and resulted in 55 confirmed deaths, “likely the largest natural disaster in Hawaii state history.” The wildfires that started Tuesday on Maui have burned at least 20 square miles, 13,000 acres, including the coastal town of Lahaina, according to a live map created by
The Securities and Exchange Commission’s (SEC) delay in deciding whether to approve a spot Bitcoin (BTC) exchange-traded fund (ETF) in the United States is fueling expectations that a final verdict will come in a batch that includes key players on Wall Street, including BlackRock and Fidelity. “There’s a tremendous amount of pressure on the SEC
Saudi Arabia is pushing the UK, Japan and Italy to allow it to become a full partner in the landmark next-generation fighter jet project that the three countries signed in December. The request, confirmed by five senior officials in London, Tokyo and Rome, has already created strains within the tri-national alliance. While the UK and
Municipals were slightly firmer Thursday, outperforming U.S. Treasuries, as the last large new-issues of the week priced and mutual fund inflows returned. U.S. Treasuries saw losses across the curve following the July inflation read while equities closed out the session in the black. While the consumer price index came in mostly as expected, analysts remain
In this article FLT RBLX PENN GPN WYNN TPR CPRI APP BABA DIS Follow your favorite stocksCREATE FREE ACCOUNT Employees prepare a window display at a Kate Spade shop in The Shoppes at Marina Bay Sands shopping mall in Singapore on June 19, 2020 as retail shops reopen in Singapore following the further easing of
Forest Heights Boulevard is a tony residential street in Toronto’s St. Andrew-Windfields area. “It’s a sought-after neighborhood with large estates and mature trees,” says Patricia Sun of Barry Cohen Homes. Affluent and tranquil, this part of North York is close to schools, parks, playgrounds, sports fields and the expressway. The 2018-built residence combines traditional and
Private phone booth at One Wall Street Courtesy: One Wall Street The latest must-have amenity in luxury New York City apartment buildings: a designated coworking space for remote workers. Apartment developers are building out private offices, conference rooms and even podcasting booths to capitalize on a lingering work-from-home trend. Even as workplaces reopen, 59% of
Binance Labs, the venture arm of cryptocurrency exchange Binance, has invested $5 million in Curve (CRV), the namesake token of the decentralized stablecoin trading platform. “Curve is the largest stableswap and second-largest DEX [decentralized exchange], with approximately $2.4B in total value locked and $215M in daily volume at the time of writing,” Binance Labs said
Voters in Tulsa, Oklahoma, approved an $814 million infrastructure funding package that includes nearly $385 million of general obligation bonds the city expects to sell over seven years. In Tuesday’s election, $170 million of bonds for street, bridge, and transportation systems passed with nearly 69% of the vote, $146.7 million of bonds for parks and
Apple wants to put an AI in your pocket Apple has been playing its cards close to its chest when it comes to AI. While rival Microsoft has jumped on the ChatGPT bandwagon and is integrating AI into everything despite the bugs and hallucinations, the acronym didn’t even get a mention at Apple’s Worldwide Developers
US inflation in July is expected to have risen at roughly the same pace as in June, suggesting that price pressures in the world’s biggest economy are continuing to ease and strengthening the case for the Federal Reserve to hold interest rates steady at its next meeting in September. The consumer price index (CPI) is
Municipals were firmer and Wednesday’s larger new-issue calendar was well received while U.S. Treasuries were weaker on the short end but improved 10 years and out. Equities were in the black as markets await Thursday’s monthly inflation data. “U.S. stocks pared losses after a strong auction signaled that Wall Street is very confident that inflation
In this article SONO TTD ILMN APP WYNN DIS Follow your favorite stocksCREATE FREE ACCOUNT An inflatable Disney+ logo is pictured at a press event ahead of launching a streaming service in the Middle East and North Africa, at Dubai Opera in Dubai, United Arab Emirates, June 7, 2022. Yousef Saba | Reuter Check out
The government can take private land and property for public use through eminent domain in the United States. This authority can benefit communities and be used to achieve economic growth and prosperity, but it can also harm minority groups. In the coming decades, we will need eminent domain more than ever to overcome the challenge
Pictured here are residential buildings developed by Country Garden Holdings Co. in Baoding, Hebei province, China, on Tuesday, Aug. 1, 2023. Qilai Shen | Bloomberg | Getty Images BEIJING — Two years after Evergrande’s debt troubles, worries about China’s real estate sector are coming to the forefront again. Country Garden, one of the largest non-state-owned
Coinbase’s Base network has officially launched after spending a few weeks in an “open for builders only” phase. The network is now ready to onboard users, according to an Aug. 9 announcement from the team. Several Web3 development teams have simultaneously announced that they are releasing apps for Base, and the network’s team has released
An Iowa hospital filed for Chapter 11 bankruptcy this week, blocking a move by its largest bondholder to seek a court-appointed receiver and the immediate payment of principal and interest. Monday’s filing by Mercy Hospital in U.S. Bankruptcy Court for the Northern District of Iowa stays the receivership case brought by the bond trustee Computershare
Bitcoin (BTC) can easily end up below $25,000 next month, says one longtime market observer. In a new BTC price outlook, Timothy Peterson, founder and investment manager at Cane Island Alternative Advisors, put the odds of a dip to local lows at 50/50. BTC price may see “last big dip” in September While Bitcoin bulls