Stay informed with free updates Simply sign up to the Technology sector myFT Digest — delivered directly to your inbox. The writer is founder of Sifted, an FT-backed site about European start-ups Kamala Harris scores high marks for honesty even if she may not graduate top in diplomacy. Standing alongside US president Joe Biden before
Inflation-adjusted revenues of the 50 states were down 13.7% January through August compared to the same period a year earlier, the Urban Institute reported, but despite this states remain fiscally healthy, thanks to prudent use of recent surpluses, one analyst said. In nominal terms, revenues were down 9.7% in the period. August state tax revenues
Opportunity 180, a Nevada nonprofit, and Equitable Facilities Fund, a philanthropy-backed impact fund, are joining with the state of Nevada in what the firms called a “first of its kind public-private partnership” to provide a dedicated facility funding resource for public charter schools looking to open or expand in Nevada. The partnership, two years in
Stay informed with free updates Simply sign up to the UK interest rates myFT Digest — delivered directly to your inbox. The Bank of England has kept interest rates on hold at 5.25 per cent for the second successive meeting and warned monetary policy will need to stay restrictive for “an extended period of time”
Donald Trump Jr. and his brother Eric Trump arrive at New York Supreme Court for former President Donald Trump’s civil fraud trial on November 02, 2023 in New York City. David Dee Delgado | Getty Images The two oldest sons of former President Donald Trump are set to testify Thursday in the $250 million New
As the chances of a Bitcoin exchange-traded fund (ETF) being approved rise, six-figure BTC price predictions are also becoming increasingly common, particularly now that the April 2024 halving is less than 180 days away. BTC price historical patterns, halving Bitcoin’s (BTC) price trends often exhibit cyclical behavior. Analysts have drawn parallels between the current price
Bitcoin (BTC) broke below $35,000 after the Nov. 2 Wall Street open as analysis warned of “overheated” derivatives. BTC/USD 1-hour chart. Source: TradingView Bitcoin undoes post-Fed gains Data from Cointelegraph Markets Pro and TradingView tracked a retreating BTC price as it erased ground it reclaimed overnight. The largest cryptocurrency had hit new 18-month highs of
Arthur Hayes, the former CEO of crypto derivatives exchange BitMEX, has “admitted” to buying Solana’s SOL (SOL) at its possible local top, stressing his bullish outlook for the cryptocurrency. Fam I have something embarrassing I must admit. I just bot $SOL, I know its a Sam-coin piece of dogshit L1 that at this point is
Three Satoshi-era Bitcoin (BTC) whale addresses that have been dormant since November 2017 transferred 6,500 BTC, worth roughly $230 million, on Nov. 2. Satoshi-era BTC refers to the very early stages of the Bitcoin network when it was still relatively unknown. According to data from BitInfoCharts, the first wallet moved 2,550 BTC, estimated to be
ProShares, a major issuer of exchange-traded funds (ETF), announced the launch of the short Ether-linked ETF on Nov. 2. ProShares’s new Short Ether Strategy ETF is set to start trading on the New York Stock Exchange’s Arca under the ticker symbol SETH and is designed to provide investors with an opportunity to profit from the volatility
Read Part 1 here: Slumdog billionaire: Incredible rags-to-riches tale of Polygon’s Sandeep Nailwal Growing up in poverty in a Delhi ghetto with an alcoholic father and an illiterate mother, Sandeep Nailwal has always had a fire in his belly to achieve something better. He wants to go big or go home — middling success is
Stay informed with free updates Simply sign up to the UK interest rates myFT Digest — delivered directly to your inbox. Investors have piled into US and European government bonds after the Federal Reserve bolstered the impression that central banks are at the end of their rate rise cycle. Yields on 10-year US Treasuries, which
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A fiftysomething man I met in Klaipėda, Lithuania, last week told me his life story. As a teenager, he’d been a Soviet army conscript, ferrying prisoners to Siberia and sleeping in two-hour shifts. In the
The late Ivana Trump’stownhouse in New York has sat on the market for one full year with no takers. In September, it took a $4 million cut from its original asking price, down to $22.5 million. The extravagant residence remains virtually untouched since her death in July 2022. In fact, very little has changed since
Payment giant PayPal has received a subpoena from the United States Securities and Exchange Commission (SEC) regarding its U.S. dollar-pegged stablecoin. The Enforcement division of the SEC has sent a subpoena to PayPal related to its PayPal USD (PYUSD) stablecoin, the firm disclosed on Nov. 2, according to a report by Reuters. The action comes
The United States has long seen itself as an open-for-investment free-market bastion. But concerns about national security–and some political grandstanding– could close the doors to foreign buyers, particularly when it comes to farmland. By Kelly Phillips Erb, Forbes Staff The action last week by Arkansas Attorney General Tim Griffin affected a mere 160 acres of
Tether (USDT) stablecoin issuer is raising the bet on Bitcoin (BTC) mining by issuing a major debt facility to German-based BTC mining company Northern Data AG. Northern Data AG has secured a 575 million euro ($610 million) debt financing facility from Tether to drive further investments across its businesses, according to an announcement on Nov.
Bitcoin (BTC) has jumped to new 18-month highs, but holding its latest support is now key to avoiding a “breakdown.” BTC/USD 1-week chart. Source: TradingView $35,000 decides Bitcoin range breakout validity Data from Cointelegraph Markets Pro and TradingView shows BTC price gains continuing into Nov. 2. BTC/USD hit $35,968 on Bitstamp after the daily close
Switzerland’s St.Galler Kantonalbank (SGKB), one of the largest banks in the country, is moving into cryptocurrency by introducing Bitcoin (BTC) and Ether (ETH) trading to its customers. SGKB has partnered with the global cryptocurrency-focused bank SEBA to offer its clients digital asset custody and brokerage services. Announcing the news on Nov. 1, SGKB and SEBA
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Everyone is struggling to see where interest rates are headed. Investors are jittery, as shown by gyrating long-term Treasury yields. America’s central bankers are trying to project calm, but they are in a fog
A year ago Goldman Sachs chief executive David Solomon pinned his hopes for reviving the Wall Street bank’s stock market valuation on a newly merged asset and wealth management division. As Solomon has faced down unrest inside the bank, his job security may depend on it. Goldman executives said they “see a path” to generating