A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022. Mike Blake | Reuters Check out the companies making headlines after the bell: Lululemon — Lululemon’s stock popped 12% after the athletics apparel retailer posted better-than-expected fiscal first quarter earnings and lifted its full-year guidance. The company also reported
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A team of researchers from universities in Australia and the United States, working in collaboration with quantum technology company BTQ, recently published research proposing a novel proof-of-work (PoW) scheme for blockchain consensus that relies on quantum computing techniques to validate consensus. Our new paper on using NISQ-era quantum sampling problems in proof-of-work blockchain consensus algorithms.
Suzanne Shank, president and CEO of Siebert Williams Shank & Co. LLC, has been chosen as chair of the 2024 Mackinac Policy Conference, the Detroit Regional Chamber announced Thursday. Joined by Michigan Gov. Gretchen Whitmer, Chamber president and CEO Sandy Baruah said Shank would also become first vice chair of the chamber’s board of directors.
Municipals were firmer Thursday as the June reinvestment period began, providing some additional support. U.S. Treasury yields fell and equities ended up a day after the House passed a bill to increase the debt limit, quelling some market concerns about a U.S. default. Municipals continued to ride the positive momentum from USTs as triple-A yields
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Why do currencies always come in pairs in trading? That’s a question many new traders ask when they come across their first charts and graphs. Here to explain one of the building blocks of Forex is trading expert David Jones. In this video you’ll see the components of currency pairs broken down, explained and put
As the summer season arrives, an unexpected heatwave is gripping financial markets. This heat is coming in the form of the U.S. Dollar Index (DXY), which has been on a remarkable uptrend since late April, reaching levels unseen since early March’s banking crisis when the dollar wrecking ball wreaked havoc on asset prices. This surge
Rishi Sunak’s government on Thursday refused to hand over Boris Johnson’s unredacted WhatsApp messages to the official Covid public inquiry, instead launching a legal challenge to try to keep them secret. The move puts Sunak at loggerheads with the inquiry, headed by former judge Baroness Heather Hallett, and fuelled claims by opposition parties that he
In this article VSCO LCID VEEV OKTA CRM AI PSTG CRWD PVH HRL CHWY NTAP DG BLUE Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of a Dollar General store in Vallejo, California, March 17, 2022. Justin Sullivan | Getty Images Check out the companies making the biggest moves midday. Dollar
Nevada lawmakers are weighing a $380 million public financing package to help pay for a stadium if the Oakland Athletics Major League Baseball team relocates to Las Vegas. If the deal moves forward, the state will have wooed away the California city’s professional baseball team and its professional football team, the Raiders, a National Football
Political brinkmanship has the nation’s credit rating headed towards a race against the clock in the U.S. Senate, though the crisis now appears near resolution after the House Wednesday night passed the 99-page Fiscal Responsibility Act of 2023, a bipartisan effort to avoid default. Municipal market participants are moved to cautious optimism about the latest events.
Circle recently announced plans for a June 8 launch of a new native version of its USD Coin (USDC) stablecoin on the Arbitrum network. 1/ Circle is launching USDC natively on @Arbitrum on June 8th! Keep scrolling or read the blog to learn more about this launch and how to migrate liquidity from “bridged USDC”
The British state is, for a reporter, a deeply irritating entity. Officials, ministers and advisers all too often believe that the core power of government is its ability to control the flow of information. That is also part of why it is so difficult for businesses to engage with the UK government. This was shown
The city of St. Louis recently launched a revolutionary approach for evaluating businesses seeking economic development incentives. The new “scorecard” relies on an innovative, community benefits evaluation model for projects to shape future growth and increase transparency in how the city distributes tax incentives. The underlying issue behind the need for the St. Louis scorecard is
Facebook’s parent company has unveiled its latest virtual reality device, signalling a continued commitment to building an avatar-filled “metaverse” while seeking to grab attention ahead of rival Apple’s anticipated headset launch next week. In a video posted on his Instagram account on Thursday, Meta chief executive Mark Zuckerberg teased the new Quest 3 product, which
Losing one finance director is an isolated misfortune. But when a quarter of FTSE 100 finance directors box up their desk contents in the space of a few months, it is clear something does not quite add up. The level of churn is remarkable. Both Unilever and Prudential announced the departure of their finance directors this
In the three decades since the end of the cold war, the leafy streets around Mimosa Plus Golf Course in Clark, an area about 92km north of the Philippines’ capital Manila, have been largely quiet, populated mainly by retirees. But one day in April, about 100 US troops were sitting on a pavement and more
A lawsuit against the Oklahoma Turnpike Authority over the initial disclosure to the general public of its $5 billion, bond-financed extension project ended in defeat Wednesday with the state Supreme Court overturning a lower court ruling that found the agency violated the Open Meeting Act. The ruling comes as the high court continues to weigh
Ejs9 | E+ | Getty Images Assessing how fast prices are changing for consumers may sound straightforward. But that’s not always the case — measurement quirks in consumer price index categories such as housing, technology and health insurance mean inflation readings don’t always jibe with the actual prices people pay. The dynamic is important: It
Most crypto investors probably aren’t thinking about divorce or what will happen to their digital assets in the event of separation, but lawyers say it’s becoming a very common scenario as more people hold crypto assets. Last year, market research firm GWI suggested that as much as 10.2% of global internet users aged 16 to
Georgia, a major cryptocurrency-friendly country among Post-Soviet states, is preparing to start monitoring crypto firms to prevent money laundering and comply with sanctions. The National Bank of Georgia plans to launch mandatory supervision of virtual asset service providers (VASP) starting Sept. 1, 2023. NBG’s acting governor Archil Mestvirishvili said that the new regulatory measures will
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