Municipal bonds were lightly traded and benchmark yields steady to end October while U.S. Treasuries bounced throughout the trading session, ending stronger near the close, and market participants are pointing to near-term volatility for both asset classes going into November. In the near-term, the upcoming Federal Open Market Committee meeting should contain “an intense discussion
Tinkoff Investments, the online brokerage of major Russian private bank Tinkoff, is researching cryptocurrency investment services despite the Bank of Russia withholding the bank from launching such tools. Tinkoff Investments head Dmitry Panchenko claimed that the bank’s brokerage portal is considering projects related to cryptocurrency investment but it’s too early to discuss specific ideas. The
Municipals were steady but with a firmer bent as new issues were the focus even as volatility in U.S. Treasuries returned and yields swung higher, moving the 20-year bond above the 30-year. Triple-A benchmark yields fell one to two basis points, with the larger moves outside 10 years. Municipal-to-UST ratios fell as a result, with
The eurozone’s economic rebound gathered pace with growth of 2.2 per cent in the third quarter, closing the gap with the US and Chinese recoveries and keeping the bloc on track to regain its pre-pandemic level of output later this year. However, there was a mixed picture between the four largest eurozone countries that reported
This week’s surge in popular meme coins like Shiba Inu (SHIB) and Dogecoin (DOGE) could be signs that the good times are back and a quick glance at crypto Twitter shows a long list of tweets where aspiring traders discuss buying Lambos, quitting their day jobs and becoming a full-time crypto traders. While DOGE and
Two Medical Products Stocks with Recent Price Strength.
Starship prototype SN15 returns for a landing on May 5, 2021 after a high-altitude flight test. SpaceX Between Elon Musk’s two largest companies, investors and experts have a long-term favorite. Most “institutional investors and industry experts” surveyed by Morgan Stanley expect SpaceX to become more valuable than Tesla, and see it as a more attractive
Amazon’s Shannon Building in Dublin. Artur Widak | NurPhoto | Getty Images Check out the companies making headlines after the bell: Amazon — Shares of the e-commerce giant dropped more than 4% in extended trading on Thursday after a disappointing quarterly earnings report. Amazon posted an EPS of $6.12 for the third quarter, badly missing the
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. This week, Wanxiang Blockchain hosted its annual Shanghai Blockchain Week, an event that usually brings together the government, enterprise, academic and degen side
Some place names immediately evoke vivid imagery. Wild Horse Island is one such spot. The largest island on northwest Montana’s Flathead Lake, the refuge was used by indigenous people for centuries to house, protect and pasture horses. In the early 1900s, homesteaders cut down many of the trees and introduced non-native plants. The island has
A pending sale sign in front of a home in Miami. Getty Images Pending home sales, which are a measure of signed contracts to buy existing homes, fell an unexpected 2.3% in September compared with August, according to the National Association of Realtors. Analysts were predicting a slight monthly gain. Sales were 8% lower compared
A flood of Chicago paper planned over the next year should find an amiable investor reception after federal aid and rebounding revenues stabilized the city’s bond ratings and temporarily drowned out worries over how the city will structurally balance its books once the aid dries up. That’s the assessment offered by several members of the
sponsored Guild Of Guardians is a multiplayer RPG where players earn epic rewards. The project has top tier partners such as Ubisoft and one of the largest and most well-funded, VC-backed teams building NFT games. The developers have big ambitions for disrupting the $100 billion mobile gaming industry by creating a quality experience that is
The Illinois Municipal Electric Agency won an upgrade from Fitch Ratings due to positive fiscal operating trends that analysts don’t believe will suffer from the power agency’s ownership stake in the Prairie State coal facility that faces new state-imposed clean energy mandates. Fitch raised IMEA’s issuer default rating and credit on $831 million of power
Senior Democrats have laid out detailed plans for a new tax hitting about 700 American billionaires, in an attempt to extract revenue from the ultra-wealthy to pay for Biden’s $2tn flagship spending plan. Ron Wyden, the chair of the Senate finance committee, said on Wednesday the plan would apply to taxpayers with more than $100m
In this article AMZN VZ INDIA – 2019/08/30: In this photo illustration a popular wireless communication application Verizon logo seen displayed on a smartphone. (Photo Illustration by Avishek Das | SOPA Images | LightRocket | Getty Images Verizon is partnering with Amazon to use the tech giant’s coming satellite internet system to expand rural broadband
Traders work on the floor of the New York Stock Exchange (NYSE), October 12, 2021. Brendan McDermid | Reuters After all but vanishing last year, stock buybacks are surging in 2021 and will likely hit a record in the third quarter. The surge in buybacks comes at a delicate moment for corporate America. Senators Sherrod
In this article TWLO TDOC EBAY F Ford Motor Company world headquarters, Dearborn, Michigan on January 19, 2021. Aaron J. Thornton | Getty Images Check out the companies making headlines in after-hours trading: Ford Motor — Shares of the automaker jumped more than 5% after it nearly doubled analysts’ third-quarter earnings expectations and recorded a
The number of Litecoin (LTC) transactions has rebounded to over 140,000 in recent days after falling close to the 100,000 mark in early October. Three days prior, the Litecoin Foundation tweeted about the launch of its LTC Visa Debit card, powered by fintech firm Unbanked. According to the card’s homepage, potential customers would first register
Housing is a difficult topic. It requires money to acquire land, clear zoning commissions, build structures, and have ongoing places to live. Outside of public housing, which hasn’t been a universal success in experience, all the work is left to private financing. That means someone expects a profit, which comes from another’s pocket. U.K.-based financial