In this article NKE UEC TXRH EDIT RMD EAT MTN Follow your favorite stocksCREATE FREE ACCOUNT Black Friday shoppers wait to enter the Nike store at the Opry Mills Mall in Nashville, Tennessee, on November 25, 2022. Seth Herald | AFP | Getty Images Check out the companies making headlines in premarket trading. Nike —
European cryptocurrency investment firm CoinShares is optimistic about cryptocurrency regulation in the United States as the firm enters the new market. On Sept. 22, CoinShares officially announced the launch of its new division, CoinShares Hedge Fund Solutions, marking the first time the firm introduce its offerings to qualified U.S. investors. CoinShares’ entrance into the U.S. market
China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A day after China Evergrande’s shares were suspended in Hong Kong, the beleaguered Chinese property firm revealed that its director and executive chairman is under scrutiny over suspected crimes.
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese worker fined $145K over VPN An unnamed individual in China was fined 1.06 million Yuan ($144,907) for using a virtual private network (VPN) to access restricted websites as part of a remote work routine for a foreign employer. According to
In this article NVDA MSFT META Follow your favorite stocksCREATE FREE ACCOUNT Brad Gerstner, Altimeter Founder & CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Altimeter Capital Chair and CEO Brad Gerstner is massively bullish on artificial intelligence, saying the power of the advanced technology could
Municipals sold off Thursday, despite a stronger U.S. Treasury market, while mutual funds reported large outflows. Equities ended up. Muni triple-A yields rose nine to 12 basis points, depending on the scale, while UST yields fell two to eight basis points. Municipal to UST ratios were higher again as a result. The two-year muni-to-Treasury ratio
Massachusetts’ House of Representatives passed a hotly debated series of tax cuts this week. Following months of legislative back-and-forth on the package’s provisions, state representatives voted 55-1 Wednesday to pass a series of tax cuts expected to provide $561 billion in breaks across its first year. The bill has seen revision after revision since Gov.
A recession is all but inevitable for the U.S. and investors should be playing defense in that kind of environment, according to the head of the TCW Group. “We are going to have a recession, because that’s the way the world works,” Katie Koch, CEO of the firm with $210 billion under management, said Thursday
What are the friendliest places in America? The self-storage company Neighbor.com has just released its fourth annual list of America’s 25 Most Neighborly Cities, in honor of National Neighbor Day. The 2023 study ranks U.S. cities based on factors like charitable donations, volunteering, crime rates and more. This year, Madison, Wisconsin has been named the
Despite its roots embedded in Bitcoin (BTC) lending, lending platform Ledn has announced the launch of an Ethereum (ETH) yield offering following user requests for a shielded alternative to manually staking Ether. The Cayman Island’s firm has added an ETH offering to its Growth Accounts products, which currently offers users ring-fenced facilities to earn interest
Pull your sats out of Minecraft now Back in our July edition, we announced Satlantis, an independent Minecraft server run by the game’s fans, enabled players to earn Bitcoin by completing in-game quests using play-to-earn functionalities. We noted Minecraft developer Mojang’s previous NFT ban and concluded, “Time will show how this integration fairs against the
After selling off late last week and at the start of the week, the municipal market continued to weaken but with smaller cuts to AAA scales amid an active primary market. U.S. Treasury yields rose, and equities ended mixed. The two-year muni-to-Treasury ratio Wednesday was at 70%, the three-year was at 70%, the five-year at
Billions of dollars in tax incentives are under scrutiny in Georgia this legislative offseason. In the three months since the state legislature adjourned for 2023, the General Assembly’s Joint Tax Credit Review Panel has met three times in the city of Rome to evaluate the effectiveness of wide-ranging tax incentives that have helped fuel the
Bitcoin (BTC) managed to stay above the $26,000 level even as the S&P 500 tumbled to a three-month low and the US dollar index (DXY) rose to a new year-to-date high. This is a mildly positive sign as it shows a lack of aggressive selling at lower levels. Bitcoin remains stuck inside a range and
SEC Chair Gary Gensler participates in a meeting of the Financial Stability Oversight Council at the U.S. Treasury in Washington, D.C., July 28, 2023. Kevin Dietsch | etty Images Securities and Exchange Commission Chair Gary Gensler is testifying before the House Financial Services Committee today. It will be very much like his testimony two weeks ago
In this article CHPT COST RIVN XPO Follow your favorite stocksCREATE FREE ACCOUNT The Levi Strauss & Co. label is seen on jeans in a store at the Woodbury Common Premium Outlets in Central Valley, New York, U.S., February 15, 2022. Andrew Kelly | Reuters Check out the companies making headlines in premarket trading. Sirius
It’s been more than a decade since 850,000 BTC went missing from Mt. Gox, yet the collapse of the former exchange remains one of the most infamous black swan events of the cryptocurrency ecosystem. While creditors of the defunct exchange are edging closer to some form of restitution, Mt. Gox’s demise ended up playing an
Skyscrapers in the Canary Wharf financial, business and shopping district in London, UK. Bloomberg | Bloomberg | Getty Images LONDON — London’s office market is in a “rental recession,” according to financial services company Jeffries, who reported that vacancies in the capital’s business hub had hit a 30-year high. Jeffries analysts estimated there had been
A Bitcoin proponent’s recent attempt to crypto trade his way from New York to Alaska has come to a sudden and bitter end — some 900 miles from his final destination. Thomas Kralow, a crypto trader and educator recently set himself the daring task of traveling from one side of the United States to the
Municipal bonds were weaker Tuesday as U.S. Treasury yields rose out long and equities sold off. The two-year muni-to-Treasury ratio Tuesday was at 69%, the three-year was at 70%, the five-year at 71%, the 10-year at 73% and the 30-year at 90%, according to Refinitiv Municipal Market Data’s 3 p.m., ET, read. ICE Data Services
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