Ryan Ratliff, center, real estate sales associate with Re/Max Advance Realty, shows Ryan Paredes, left, and Ariadna Paredes a home for sale in Cutler Bay, Florida, on April 20, 2023. Joe Raedle | Getty Images The average rate on the popular 30-year fixed mortgage rose to 7.72% on Tuesday, according to Mortgage News Daily. Mortgage
OP Labs, the developer of the Optimism network, launched a testnet version of its fault-proof system, according to an Oct. 3 blog post. Once it completes testing, it will allow for “a more decentralized and efficient Superchain,” the post stated. The new system is currently deployed to the Optimism Goerli network. Optimism Goerli block explorer. Source:
Bond ratings sank deeper into junk territory for financially troubled Wise Health System in Texas as it eyes closing a deal later this quarter to be acquired by a division of HCA Healthcare. S&P Global Ratings on Sept. 15 dropped its rating five notches to B-minus from BB-plus with a negative outlook due to the
The agency that manages Chicago’s convention center campus wades into the market this week with a deal that continues its trend of pushing off looming bond payments to manage a persistent mismatch between its revenues and its debt service schedule. The Metropolitan Pier and Exposition Authority of Illinois is set to price $56.2 million of
Receive free US Treasury bonds updates We’ll send you a myFT Daily Digest email rounding up the latest US Treasury bonds news every morning. The yield on 30-year US Treasuries hit a 16-year peak on Tuesday and German and Italian borrowing costs hit their highest levels for more than a decade as the global bond
Receive free Chinese economy updates We’ll send you a myFT Daily Digest email rounding up the latest Chinese economy news every morning. How big a role will China’s demographics play in its economic prospects? Inescapably, a big one. Indeed, it must be one of the most important factors in determining China’s economic prospects. Even if
In this article 11V-FF WMG PNT Follow your favorite stocksCREATE FREE ACCOUNT Co-CEOs, Neil Blumenthal & Dave Gilboa of Warby Parker at the NYSE, September 29, 2021. Source: NYSE Check out the companies making headlines before the bell. Warby Parker — Warby Parker jumped about 4% after Evercore ISI upgraded the eyeglass retailer to an
Receive free Russian economy updates We’ll send you a myFT Daily Digest email rounding up the latest Russian economy news every morning. The rouble sank beyond 100 to the US dollar on Tuesday, confounding Russian authorities’ attempts to halt a steep decline this year and pushing it close to levels hit in August. Russia’s currency
Bitcoin (BTC) hit six-week highs to start October, but some forecasts still see the BTC price returning to $20,000. While up around 6% since the start of last month and now circling $27,500, Bitcoin is not fooling many with its current price behavior. Analyst: October “should be bearish” for Bitcoin later on BTC price strength
Members of the crypto community have rallied behind a post on X calling for Elon Musk to remove the profile on the platform that has been claiming to be the fabled creator of Bitcoin (BTC) Satoshi Nakamoto. On Oct. 3 the X profile Pledditor posted saying both the account claiming to be Satoshi Nakamoto and
Guests attend a pool party in the penthouse apartment at the 50 United Nations Plaza building in New York. Michael Nagle | Bloomberg | Getty Images A shortage of luxury apartments in Manhattan is causing a surge in prices at the top of the market, even as broader apartment sales and prices come under pressure
Former US President Donald Trump speaks to members of the media while arriving for the second day of his civil fraud trial in New York on October 3, 2023. Kena Betancur | AFP | Getty Images Former President Donald Trump on Tuesday blasted New York Attorney General Letitia James as he headed into court for
New York City real estate’s third quarter has taken both buyers and sellers on a wild ride. After an active early spring, the market entered June with a bang; the Olshan Luxury Market Report, tracking deals over $4 million in Manhattan, showed 31 transactions in each of June’s first two weeks and 32 in the
Over the past 12 months, some investors learned the hard way why they needed to move their crypto offline. Those who kept Bitcoin (BTC) and altcoins on crypto exchanges like FTX lost control of their assets, sometimes forever. Events drew a red line under the storied crypto adage: “Not your keys, not your coins.” FTX’s
Carving out a sustainable career as an independent musician is no easy feat. The competition is fierce, support can be hard to find, and earning a living without the financial help of a major record label is an uphill battle. Yet, for those who are able to build a loyal fanbase, the freedom of complete
Enjoy complimentary access to top ideas and insights — selected by our editors. Transcription: Keeley Webster (00:03):Hi, and welcome to another edition of The Bond Buyer podcast. I’m Keeley Webster, and my guest today is Bryant Jenkins, a managing principal at Sperry Capital. I invited Bryant here today to talk about some of the pressures
New York City spent a record $6 billion with city certified minority- and women-owned business enterprises in fiscal 2023, Mayor Eric Adams said Monday. City agencies and affiliated entities contracted with a record-setting 1,903 certified vendor firms through OneNYC in the last fiscal year. “We’re delivering on our commitment to create an equitable business environment
Major Brazilian investment bank BTG Pactual is acquiring cryptocurrency-friendly brokerage Orama as part of its strategy to expand the bank’s digital platforms. BTG Pactual has signed an agreement to buy 100% of Orama’s shares for 500 million Brazilian reais ($98.7 million). Announcing the news on Oct. 2, BTG Pactual said that the acquisition is part
Blockchain analytics investigators have uncovered an individual linked to a cryptocurrency laundering operation that is offering stolen tokens at discounted prices from recent high-profile exchange hacks. Speaking exclusively to Cointelegraph, a representative from blockchain security firm Match Systems outlined how investigations into several major breaches featuring similar methods through the summer months of 2023 have
Receive free Populism updates We’ll send you a myFT Daily Digest email rounding up the latest Populism news every morning. I am looking at a map of Europe from a recent edition of The Economist. Each country is rendered in a shade of red according to its level of public support for the hard right:
A kitchen remodel is one of the largest, most expensive and complex, and potentially impactful project you can undertake in your home. Done well, it can positively affect resale value when you go to sell your property, but also your health, safety, comfort and functionality in the meantime. That’s why it’s worth paying heed to