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How do you start investing? Where do you begin? What are the best things you can do to start? We answer those and many other questions in our latest series – Investing 101. Join us in our first video of the series to find out more about the compound interest effect and what it does
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Rishi Sunak, UK prime minister, will on Thursday announce that Britain will this autumn host the first global summit on the regulation of artificial intelligence, after a meeting in Washington with President Joe Biden. Sunak will tell Biden that Britain can exert leadership in establishing the “guardrails” for the new technology and will host the
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Puerto Rico Electric Power Authority bondholders say they are owed $8.5 billion and the timeframe of being able to collect on their claim should continue in perpetuity. That was a central point of contention during Tuesday’s PREPA bond claim estimation hearing during which lawyers for the bondholders and the Oversight Board argued about what the
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Municipals were little changed to weaker in spots Wednesday, while U.S. Treasuries sold off after the Bank of Canada raised interest rates and equities ended mixed. Triple-A benchmarks were cut up to three basis points, depending on the scale, while UST yields rose four to 10 basis points. The two-year muni-Treasury ratio Wednesday was at
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When it comes to buying a home now, there are plenty of challenges. But homeownership can be a great way to build wealth and to maintain housing stability, said Kamila Elliott, a certified financial planner and co-founder and CEO of Collective Wealth Partners, a boutique advisory firm in Atlanta. Achieving that goal now can be challenging, with
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In meeting renewable energy goals, Virginia has found a new purpose for its old mine lands. State officials believe they can turn an epidemic of mine closures to their advantage by developing a growing number of abandoned properties into renewable energy hubs, leveraging millions of new funds to bring private developers to the table on
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Gabby Jones | Bloomberg | Getty Images Check out the companies making the biggest moves midday. Affirm — Shares of the payments company surged 6% after Affirm and Amazon announced a new compatibility feature. Affirm’s Adaptive Checkout, which offers customers pay-over-time plans, will now be a payment option through merchants offering Amazon Pay. related investing
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Ether’s (ETH) price retested $1,780 after the news of the U.S. Securities and Exchange Commission suing cryptocurrency exchanges Binance and Coinbase but it’s not preposterous to suggest that Ether bulls should be more than happy that its price did not break below the 67-day support.  The SEC actions are actually a double-edged sword for Ethereum
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Few coastal neighborhoods in Southern California are as exclusive as Harbor Island in Newport Beach. For starters, there are just 30 homes on the small, semi-artificial island in Orange County’s Newport Bay. The island is defined by its ultrawealthy residents and bayfront setting. One example: A three-bedroom home at 11 Harbor Island Road for sale
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The White House Tuesday launched a website that maps and tracks infrastructure projects and private investment to highlight the impact of laws enacted by the administration over the last three years. The website, Invest.gov, maps thousands of public infrastructure projects and private manufacturing investments spurred by the American Rescue Plan Act, the Bipartisan Infrastructure Law,
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Ken Gambone, a 30-year muni market veteran, has been promoted to the head of public finance at TD Securities after serving as the company’s head of the western region for seven years.  Gambone replaced Eileen Solla-Diaz, TD Securities’ previous head of public finance, who retired. “It was very easy to elevate Ken,” said Rick Fogliano,
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When Ron DeSantis, Florida’s pugnacious governor and would-be Republican president, took against the mighty Walt Disney Company, it was seen as a high-profile test of America’s culture wars. DeSantis, who is on the conservative wing of his party, is eager to wage war on “woke”, as the Florida state legislature did last year by passing
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In the latest episode of The Market Report, analyst and writer Marcel Pechman discusses the impact of the United States Securities and Exchange Commission lawsuit against the Binance exchange. Most likely, the U.S. population will be barred from using the international version of Binance, and those who opt for VPN services will be at risk
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Connecticut lawmakers approved a $51.1 billion budget that cuts personal income-tax rates for the first time in almost 30 years, while increasing spending on education and housing. “We are delivering the largest cut to Connecticut’s income tax rates in state history,” Gov. Ned Lamont said in a press release Tuesday. The tax cut will benefit
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