Voters in Austin, Texas, will likely be asked to approve bonds for a multi-billion-dollar light rail project this fall after the city’s mayor signaled that would be the best path forward as a bill to force a vote advanced in the state legislature. In order to ensure Project Connect proceeds, Mayor Kirk Watson said Austin
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Britain’s companies and households need to accept that high energy prices and inflation will make them “all worse off”, the Bank of England’s chief economist said on Tuesday, in an attempt to head off a wage-price spiral. Huw Pill told a Columbia University podcast that high inflation would persist if companies remained unwilling to take
The relationship between the US and China is likely to determine humanity’s fate in the 21st century. It will determine whether there will be peace, prosperity and protection of the planetary environment, or the opposites. Should it be the latter, future historians (if any such actually exist) will surely marvel at the inability of the
While several top digital assets have decreased in value against the U.S. dollar over the past month, the stablecoin economy has lost $2.4 billion in value since March 31, 2023. Four of the top five stablecoins experienced net redemptions over the last 30 days, except for tether, which grew by 2.3% during that time. Four
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Europe’s financial authorities are quizzing lenders about their exposure to rapidly rising interest rates, as they investigate how much this risk may spread beyond the banking sector. Andrea Enria, chair of the European Central Bank’s supervisory board, said the bank was looking at whether unrealised losses on lenders’ bond portfolios, the value of which have
Last week, the price of Bitcoin (BTC) reached a record high in Argentine peso (ARS) terms following persistent inflation in Argentina. Argentina’s inflation pushes BTC’s price to all-time high On April 18, the BTC-to-ARS exchange rate crossed over 6.59 million ARS, according to aggregated price data tracked by Google Finance. Since the peak, the rate has
This week’s episode of the Decentralize with Cointelegraph podcast takes a deep dive into Bitcoin (BTC) in Bedford. A Bitcoiner from the English town near London is turning heads and raising his town’s profile after buying his local soccer club, Real Bedford. Peter McCormack, who took the No. 38 spot on Cointelegraph’s 2023 Top 100, hosts a
Polygon fell to a six-week low on Tuesday, with sentiment in cryptocurrency markets remaining bearish. The price plunged as consumer confidence in the United States fell by more than expected, coming in at a reading of 101.3 in April. Solana also slipped, hitting a two-week low. Polygon (MATIC) Polygon (MATIC) dropped to a six-week low
Los Angeles has just implemented a new tax on some residents when they sell their homes. This new transfer tax is in addition to plain old property taxes and capital gains taxes you will owe on the appreciation of your home when you eventually sell. This tax, commonly referred to as “the mansion tax,” went
Comparisons between dating and real estate are often made, and when it comes to first impressions the similarities are certainly present—both the suitor and the agent must be pleasant, polite and it doesn’t hurt to be charming. Like a date, a broker’s aim after a first meeting is to win their client’s confidence. The means
I was disappointed to read that the settlement agreement between Preston Hollow Capital and Nuveen resulted in the retirement of John Miller as head of municipal bonds at Nuveen. While the facts of the case were covered by this paper, and the settlement, as in all cases, is sealed. That said I feel strongly that this was
Over two dozen nations have applied for BRICS membership ahead of its upcoming annual summit, the representative of the hosting nation revealed in an interview. The organization which unites leading emerging economies will discuss its enlargement in early June. BRICS to Talk Expansion as Number of Candidates Continues to Grow The BRICS group of nations
press release PRESS RELEASE. Abu Dhabi, 25 April, 2023 — Venom, a Layer-1 blockchain that operates out of the Abu Dhabi Global Market (ADGM), today announced that its public testnet is officially live. The milestone marks a significant accomplishment in Venom’s roadmap as it prepares to launch on mainnet. Along with the testnet launch, Venom
Unlike restricted proof-of-work (PoW) blockchains like Bitcoin, the Polkadot blockchain allows cross-blockchain transfers of any asset or data, facilitates more transactions per second and needs less infrastructure. Polkadot uses a nominated proof-of-stake (NPoS) blockchain centered on interoperability of parachains that connect to and are secured by the Relay Chain. Validators can validate both the Relay
Peter Lynch (L), Fidelity Funds Advisory Board Member. Peter Lynch (L), vice chairman of Fidelity Management and Research Co Legendary investor Peter Lynch has one of the best investing records under his belt, but he still has regrets for not buying into some of the biggest tech companies in recent years. The former Fidelity Magellan
Let us finish the job, said Joe Biden in his re-election video. The rest of us, including Biden, could have been forgiven for thinking he had already done that by defeating Donald Trump in 2020. Yet here we are again: two bald men fighting over a comb, as Jorge Luis Borges depicted the British-Argentine war
On April 24, 2023, Coinbase announced that it had filed an action in federal court requesting the U.S. Securities and Exchange Commission (SEC) to respond to their petition. The petition, submitted in July 2022, requested the commission to propose and adopt rules governing the regulation of digital assets. Coinbase Requests SEC to Respond to Petition
In this article NVS NOV.N-CH PKG MMM FRC JBLU GM PEP MCD UPS Follow your favorite stocksCREATE FREE ACCOUNT Traders wearing masks arrive before the opening bell at the New York Stock Exchange (NYSE) in Wall Street in New York City. Johannes Eisele | AFP | Getty Images Check out the companies making headlines before
Bitcoin remained close to a four-week low on Tuesday, as prices fell to a support point around $27,000. The decline came ahead of this afternoon’s U.S. consumer confidence report, which is expected to fall from 104.2, to a reading of 104 in April. Ethereum was also lower, and approached a breakout below the $1,800 level.
Ever since the voting machines maker Dominion secured a blockbuster settlement last week in its libel suit against Fox News, it felt inevitable that someone at Rupert Murdoch’s channel would have to shoulder the blame. No company likes to make expensive, self-inflicted mistakes but Fox’s airing of baseless claims that Dominion was complicit in rigging