In this article US10Y Follow your favorite stocksCREATE FREE ACCOUNT The yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years on Thursday, causing a ripple effect that could raise rates on mortgages, student debt, auto loans and more. After Federal Reserve Chair Jerome Powell said ”inflation is still too high,” expectations that the U.S.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour’s spectacular wins in two by-elections have allowed party insiders to dare to dream they are now on track not only to win the next UK general election but to sweep to victory with a
When Joe Biden embarked on his maiden trip to the Middle East as president last year, he lauded the fact that it was the first time since the September 11 2001 attacks that a US leader was visiting the region without American troops engaged in combat missions. He also sought to reset Washington’s ties with
Two houses, a separate workshop building, five acres and six ski resorts under an hour away. This immaculate gated compound in Loomis, set near the foothills of the Sierra Nevada Mountains about 30 minutes from Sacramento, is chock full of amenities, private and ideal for multigenerational living. The gated compound sits on five scenic acres
The Power Authority of the State of New York is heading into the municipal bond market next week with a $750.975 million issuance of green bonds. Goldman Sachs as senior manager is set to price the Series 2023A tax-exempt transmission project green revenue bonds on Tuesday after a one-day retail order period. Smart Path Connect is a part
Bitcoin (BTC) rose above $30,000 on Oct. 20, indicating that the path of least resistance is to the upside. Grayscale Investments filing a new application with the United States Securities and Exchanges Commission for a new spot Bitcoin ETF may have acted as a bullish trigger. In another positive news for the cryptocurrency space, the
Signage is displayed outside of a Comerica Bank branch in Torrance, California, on March 13, 2023. Patrick T. Fallon | AFP | Getty Images Regional banks suffered a steep sell-off Friday after a number of weak quarterly earnings reports highlighting the negative impact from higher interest rates soured investor sentiment toward the industry. The SPDR
The stalemate that has stymied Congress via the House’s inability to pick a new Speaker has turned months of slow progress on several muni-related legislation to a full stop, though two key agency reauthorizations and a backlog of appropriations could force things to start moving forward soon. “A lot of these priority items are bottlenecking,
It looks as though Wall Street has given up on residential real estate. In 2021 and 2022, investor enthusiasm seemed to know no bounds. They poured billions into the area, eager to cash in on soaring rents. According to John Burns Research & Consulting, large landlords at the height of that boom bought almost 2.5%
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jim Jordan, the hardline Republican congressman from Ohio, was poised to lose a third vote to be Speaker of the House of Representatives on Friday, paralysing the lower chamber and raising doubts about Congress’s ability
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The name of Tamworth burst in on the public imagination in the late 1990s with the compelling tale of two small piglets of that breed who made a break for it, hoping to escape the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. European capitals are scrambling to avoid a clash with Middle Eastern powers over the Israel-Hamas war, sparked by a peace summit in Cairo on Saturday that risks exposing stark divisions over the conflict. Egypt’s president
Former U.S. President Donald Trump attends a Manhattan courthouse trial in a civil fraud case in New York, U.S., October 18, 2023. Doug Mills | Reuters A judge laced into Donald Trump on Friday, floating the possibility of heavy sanctions or even jail time against the former president, over a “blatant violation” of a partial
New York’s Legislature has passed a piece of legislation that would, if signed by the governor, publicly disclose the names of every real estate or other investor who plays a substantial role in any limited liability company that does business in New York. The Legislature took inspiration from the federal Corporate Transparency Act passed a
A self-proclaimed jack of all trades and master of none, OSF has become a prolific figure in the nonfungible token world in just over two years, trading his former life at Barclay’s to focus full-time on Web3, his digital art pursuits, his PFP project Rekt Guy and living the life of a degen collector. The
Bitcoin (BTC) tapped $30,000 into the Oct. 20 Wall Street open as analysts directed attention to the weekly close. BTC/USD 1-hour chart. Source: TradingView BTC price sets up weekly close showdown Data from Cointelegraph Markets Pro and TradingView captured new two-month BTC price highs of $30,233 on Bitstamp. The pair showed continued strength during the
A California-based company’s plan to sell up to $500 million of tax-exempt environmental improvement revenue bonds through the Indiana Finance Authority to build a garbage-to-jet fuel facility in Gary is on hold after the company’s bonds for a similar plant in Nevada went into default. Pleasanton, California-based Fulcrum BioEnergy sold about $290 million of environmental
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an FT contributing editor It fell to Joe Biden to articulate publicly the private fears of many European leaders. National rage, the US president remarked after talks in Tel Aviv with Benjamin
Our weekly roundup of news from East Asia curates the industry’s most important developments. Bitmain allegedly fired staff after salary complaints Bitcoin application-specific integrated circuit (ASIC) mining manufacturer Bitmain has allegedly fired three of its employees for speaking to the media regarding the withholding of salary payments by their employer. According to local news reports on Oct.
Of all the types of assets, real estate is usually the most emotional. It is, after all, difficult to make memories in a mutual fund (which is a feature of diversified investments, not a bug). So when you inherit a house from a parent, it’s important to recognize the emotional attachment will likely influence your
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amira Yassin’s job as a journalist operating inside Gaza was hugely challenging even before Israel launched its bombardment of the territory nearly two weeks ago. Now it is fraught with danger, with the Al Hurra