A delegation from Miami-Dade County, Florida, will visit Japan from Nov. 25 to Dec. 6 in a bid to deepen trade and commerce ties and establish business connections between the two regions. Miami-Dade County Mayor Daniella Levine Cava and Oliver Gilbert III, Chairman of the Board of County Commissioners, will lead a delegation from the
Wisconsin has released a request for qualifications from firms willing to serve as bond underwriters in either a senior manager or co-manager capacity. The state Capital Finance Office will set up pools of qualified investment banking firms, which it will use to designate underwriting syndicates effective through Dec. 31, 2026. Clarifications are due by noon
Citi’s municipal division appears to have been spared from initial reorganization efforts at the firm, according to market sources. Citigroup informed its employees Monday of an upcoming round of job cuts and managerial changes — the next large step in CEO Jane Fraser’s push to create a simpler, flatter company. Citi did not say how many positions
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour held back from criticising any of the policies outlined by Jeremy Hunt in his Autumn Statement on Wednesday, as the UK’s main opposition party sought to avoid traps set by the ruling Conservatives ahead
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK chancellor Jeremy Hunt said on Wednesday he would explore options to sell part of the state’s holding in NatWest to retail investors. The Treasury still owns 39 per cent of the UK high street
Although documented statistics about cryptocurrency trading and substance abuse are hard to come by, addiction experts are treating an increasing number of crypto traders. Abdullah Boulard, founder and CEO at The Balance Luxury Rehab, tells Magazine that a number of crypto traders struggle with substance abuse. “Our client base is diverse, but this is a
Bitcoin (BTC) traded $1,000 off weekly lows after the Nov. 22 Wall Street open as a BTC price relief bounce held firm. BTC/USD 1-hour chart. Source: TradingView Bitcoin respects “very clear” key levels Data from Cointelegraph Markets Pro and TradingView followed crypto markets as they recovered from snap downside the day prior. As the dust
Chancellor Jeremy Hunt had been under intense pressure from fellow Conservatives to deliver a tax-cutting Autumn Statement that showed the party was responding to voters’ financial struggles. Hunt had warned in recent weeks that the UK could not afford to cut taxes, even as a general election looms next year. In the event, he said
Question: What could turn office-bound wage earners into digital nomads faster than a fully equipped Winnebago? Answer: The Covid-19 pandemic, of course. Covid liberated once-inert employees to move freely and work where they chose. For many, what they chose was the chance to travel widely, working from hotels and other hospitality industry settings. Marrying work
In an exploration of median home prices for Q3 in the United States, Forbes found Iowa to be the lowest in the nation. In the state’s fastest rising market of Burlington, the median price per square foot was just $98, meaning with $4 million, one could theoretically purchase an over 40,000-square-foot home. By comparison, in
Fiv years ago, you couldn’t trade with fiat currency on Binance, yet the exchange was already garnering international attention with the highest trading volumes among its peers. That’s no mean feat in the cryptocurrency industry, even in 2018, with several well-established exchanges commanding established and loyal user bases. Critics questioned why the world needed another
An “Open House” sign is displayed in the front yard of a home for sale in Columbus, Ohio, U.S. Bloomberg | Bloomberg | Getty Images Mortgage demand is finally crawling out of the basement as interest rates continue to move lower. Total application volume increased 3% last week from the previous week, according to the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. David Cameron was not a centrist, but he did a remarkably good job of playing one on television. For six years as prime minister, he successfully posed as a middle-of-the-road Boden dad. The reality —
Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. US authorities thwarted a conspiracy to assassinate a Sikh separatist on American soil and issued a warning to India’s government over concerns it was involved in the plot, according to multiple people familiar with
The crypto community on social media has greeted the news of the deal between Binance, Changpeng “CZ” Zhao and the United States Department of Justice (DOJ) mostly positively, hoping it removes one of the last remaining obstacles before the long-awaited approval of a spot Bitcoin exchange-traded fund (ETF). The $4.3 billion settlement between the DOJ
Bankrupt crypto lender Genesis Global Capital has filed a lawsuit against cryptocurrency exchange Gemini to recover $689 million in preferential transfers, according to a Nov. 21 court filing. The lawsuit alleges that during the 90-day period before Genesis filed for bankruptcy in January, Gemini withdrew an “aggregate gross amount of no less than approximately $689,302,000”
Creditors of Mt. Gox, a now-defunct Bitcoin (BTC) exchange that lost 850,000 BTC to a hack in 2014, have reportedly received a new email hinting at soon-to-come repayments. Nobuaki Kobayashi, the trustee overseeing the Mt. Gox Bitcoin exchange’s estate, on Nov. 21 started sending out emails to rehabilitation creditors regarding the commencement of repayment, according
11/22/2023, 8:11:44 AM What businesses want from Jeremy Hunt Oliver Ralph For lobbyists, set piece financial announcements are a great opportunity to push the government for specific measures, and this year’s Autumn Statement has been no different. Here is what the main business lobby groups have on their wish lists: The Federation of Small Business
A former Facebook executive, an AI researcher, a tech entrepreneur and a computer scientist were the four OpenAI kingmakers who plunged the start-up into crisis last week when they fired its chief executive. The abrupt decision by board members Adam D’Angelo, Helen Toner, Tasha McCauley and Ilya Sutskever to oust Sam Altman set off a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ousted OpenAI chief Sam Altman is poised to return to run the company under the supervision of a new board, following days of speculation and turmoil at the leading generative artificial intelligence start-up. In a
Bitcoin’s (BTC) market dominance has traditionally been viewed as a key indicator of its market strength. Currently, the metric is at a multi-year high above 51%. Bitcoin dominance. Source: Coinmarketcap.com However, a closer analysis suggests that the concept of “Bitcoin dominance” might not be as informative as it seems, especially when considering the broader dynamics