Municipals were firmer in spots, while U.S. Treasury yields rose 10 years and in ahead of Wednesday’s consumer price index report. Equities ended mixed. Triple-A yields were bumped up to three basis points Tuesday while UST yields rose up to two basis points 10 years and in, moving municipal-UST ratios near their 12-month lows, according
admin
On April 11, European cryptocurrency investment firm CoinShares published its latest “Digital Asset Fund Flows Report,” revealing that digital asset investment products experienced positive sentiment with inflows totaling $57 million last week, bringing inflows back to a net positive position year-to-date. However, despite this, “volumes were low at $970 million for the week,” and the
Butler Snow LLP has added 22 lawyers and an office in Huntsville, Alabama, its third in the state, to expand on economic growth there, the firm’s chair said. Butler Snow is “striving for strategic expansion” into an area brimming with new economic activity, Chair Christopher Maddux said in an interview. The Huntsville office is the
The decline in mortgage rates over the last month likely will boost U.S. home sales by more than 200,000 as cheaper financing results in more people qualifying for loans, according to Lawerence Yun, chief economist of the National Association of Realtors. “Each half a percentage point drop in mortgage rates results is an additional 200,000
The sacking of CBI director-general Tony Danker on Tuesday was intended to draw a line under weeks of bruising allegations of sexual misconduct, but within hours Britain’s leading business lobby group was facing questions over the decision to appoint an insider to restore its reputation. Rain Newton-Smith, who served as the CBI’s chief economist until
Bitcoin (BTC) price has finally broken the $30,000 level after the key price zone lasted as a ten months resistance level. BTC price rallied 6.5% on April 10 and the much-awaited price gain ended an agonizing 12-day period of extremely low volatility, which saw the price hovering close to $28,200. Bulls are now confident that
It’s been more than 100 days since the end of 2022, and the price of bitcoin has risen more than 80% since then. Over the past 30 days, bitcoin has increased by more than 45% against the U.S. dollar. Despite its recovery this year, after a long crypto winter in the previous year, the Bitcoin
The decline in mortgage rates over the last month likely will boost U.S. home sales by more than 200,000 as cheaper financing results in more people qualifying for loans, according to Lawerence Yun, chief economist of the National Association of Realtors. “Each half a percentage point drop in mortgage rates results is an additional 200,000
This week on The Market Report, Cointelegraph analyst and writer Marcel Pechman discusses Bitcoin (BTC) breaking through the $30,000 mark, setting a new high for 2023. He also covers Tether blacklisting a validator and whether Ethereum’s latest upgrade could bring institutional investors to Ethereum. Bitcoin hits $30K to mark highest price since June 2022 Bitcoin has
A massive Arizona participant sports venue that defaulted on its bonds has launched a naming rights search after Bell Bank pulled out of a 2021 agreement. Legacy Cares, Inc., the venue’s nonprofit developer, said Tuesday Bell Bank Park will be called Legacy Park for now. “The search now begins in earnest for a new naming
Add stress in the regional banking sector to the bevy of pressures facing the construction industry. Small and medium banks are tapping the brakes on construction loans as they struggle to manage interest rate-related pressures that sparked some failures. “It’s surprising, the reach of those banks,” said Julian Anderson, president of Rider Levett Bucknall North
press release PRESS RELEASE. BingX, the Singapore-based crypto exchange, is pleased to announce the launch of a new category to optimise its trading system for the Shanghai Ethereum upgrade. This move is aimed at helping traders looking to make a profit during the Ethereum upgrade that is expected to arrive on April 13th. The Shanghai
Ronin Network’s native token RON recorded 5x gains since the start of the year thanks to its plans to shift to a Delegated Proof-of-Stake (DPoS) consensus mechanism and expand its gaming portfolio beyond Axie Infinity. The gaming-focused layer-2 Ethereum blockchain will change its current Proof-of-Authority to the DPoS consensus mechanism on April 12. The previous
Over the past three years the global economy has been subjected to an unprecedented series of shocks. After the pandemic struck, Russia’s invasion of Ukraine brought added disruption. Both contributed to a cost of living crisis, with central banks raising interest rates rapidly to contain runaway inflation. Arguably, the international economic system has displayed remarkable
Will Japan abandon its ultra-loose monetary policies now that Kazuo Ueda has replaced Haruhiko Kuroda as governor of the Bank of Japan? The answer, it seems, is “no”. The new governor, a well-known and respected academic economist, stressed that the two pillars of Japan’s current monetary policy — negative interest rates and yield curve control
The CBI’s website is groaning with “thought leadership” articles about corporate culture, inclusion and transparency. Would you like to create a “culture of belonging” at your business, perhaps? Or “improve workforce wellbeing”? Maybe go “further, faster” on the “moral question” of diversity and inclusion? Well, the CBI has your back. Which is more than its
EY has called off the plan to break up its audit and consulting businesses after months of internal disagreement and opposition from executives in the US. The Big Four firm communicated the decision on Tuesday in a note to partners, which was seen by the Financial Times. The plan, code named “Project Everest”, was approved
Illinois’ positive rating momentum and near-term budgetary commitment to raising higher education funding helped lift the University of Illinois’ and Illinois State University’s ratings. Moody’s Investors Service last month upgraded Illinois State University’s issuer and auxiliary facilities system ratings to A3 from Baa1 and its certificates of participation rose two notches to A3 from Baa2. The upgrade impacts
This mistake is all about timing and when you get into the trade – you are right but you still end up losing. A Scenario to Avoid: – Stocks (usually penny stocks) that have a supernova spike – It is spiking incredibly high, but you enter short – You’re looking for the decline to happen
Ethereum’s Ether (ETH) token continued its losing streak versus Bitcoin (BTC) for the fifth day in a row as BTC’s price jumped above $30,000 for the first time since June 2022. ETH/BTC bullish reversal fails midway On April 11, the ETH/BTC pair dropped nearly 1.6% to 0.0634 BTC to retest multi-month lows. ETH/BTC level is
In this article NYCB WGRO TSLA AKAM MHK WW WHR KMX Follow your favorite stocksCREATE FREE ACCOUNT Pipettes are seen at the Moderna Therapeutics Inc. lab in Cambridge, Massachusetts, U.S., on Tuesday, Nov. 14, 2017. Moderna this week started testing Adam Glanzman | Bloomberg | Getty Images Check out the companies making headlines in midday