A look at the supply/demand dynamic for Manhattan and Brooklyn rentals suggests that rents are going up. Despite worries about oversupply and lower demand in the commercial sector, the opposite dynamic appears to be taking place in the residential sector. The year-over-year change in the number of new rental listings is starting to fall as
Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity. PacWest Bancorp’s 50% price decline and the ongoing banking crisis are the first topics of
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Britain is not the global power it was when it crowned Queen Elizabeth II in 1953. But it still knows how to put on a grand spectacle. The ceremony that will on Saturday anoint Charles III as King is one that connects the present with Britain’s, or England’s, earliest history, its roots stretching to before
European gas prices have fallen to the lowest level since the start of the energy crisis, boosting hopes of a stronger economic recovery as energy pressures ease. The European TTF benchmark hit a low of €35.20 a megawatt hour on Friday, a level last seen in July 2021 when Russia was first starting to squeeze
Confidence in the United States financial system seems to be eroding fast with investors trying to find the next weakest link that is about to collapse. Bill Ackman, CEO of hedge fund management firm Pershing Square, cautioned that time was running out to fix the problem. The U.S. equities markets have become vulnerable to adverse
Saturday’s coronation of King Charles III will be the most public display in seven decades of the curious relationship in the UK between England’s established church and the hereditary monarchy. The King will be accompanied to and from the ceremony by thousands of military personnel, a reminder that Britain’s constitutional monarch remains head of state.
As per the latest statistics recorded before the weekend, the meme token PEPE has witnessed a massive surge in value, following its recent listing on the crypto exchange Binance. In just seven days, the crypto asset has skyrocketed by 896% against the U.S. dollar, making it the third-largest meme token in terms of market valuation.
Cryptocurrency miners based in the United States could soon face a tax equal to 30% of the cost of electricity they use if President Joe Biden’s proposed budget for the fiscal year 2024 is approved by Congress, but the proposal has sparked debate about whether it would actually decrease global emissions and energy prices. Cryptocurrency
The latest non-farm payrolls data is out, and once again it thumped expectations with 253,000 jobs added in April. Basically, if there’s a recession coming someone forgot to tell the US economy. After playing around on the Bloomberg terminal we discovered that this is actually the 13th straight month where US job creation has surpassed
Wells Fargo’s role as senior manager in a potential $500 million bond sale for the Oklahoma Turnpike Authority is under review after the bank landed on the state treasurer’s list of companies banned from government contracts. The 13 financial institutions on the list released Wednesday were determined to be boycotting the oil and gas industry
Most of the olives harvested in the groves of the Monastery of the Ascension, a Russian orthodox compound on the sun-blasted slopes overlooking Jerusalem’s old city, find their way into the oil lamps that light its buildings, or pots used for cooking. But on Saturday, some of the crop harvested by the black-clad nuns who
Despite Hong Kong steadily progressing with cryptocurrency adoption, mainland China has not changed its anti-crypto stance in terms of local regulations. Some Chinese state-affiliated banks have increasingly opened bank accounts to serve crypto clients in Hong Kong. CPIC Investment Management — a China government-backed firm regulated as a Hong Kong entity — even launched two cryptocurrency
A buzz has been generated around a new layer one (L1) proof-of-stake blockchain initiative named Sui, following the network’s mainnet debut on May 3, 2023. The native token SUI has been listed on various cryptocurrency exchanges, drawing attention to the project. On the same day the network launched, SUI peaked at $2.16 per unit, but
Privacy? Yes. Ocean views? Of course. The setting and style of this contemporary home in the prestigious community of Montecito melds the natural coastal beauty of Southern California with a decidedly indoor-outdoor lifestyle. The home at 303 Meadowbrook Drive unfolds across 1.38 acres in horizontal lines with floor-to-ceiling glass and pillars that blur the line
The German economy ministry plans to subsidise 80 per cent of the electricity cost for energy-intensive companies, in a proposal likely to fuel divisions inside the governing coalition and further alienate European nations who cannot afford such measures. Under a long-awaited and highly contentious proposal published by Green economy minister Robert Habeck, a large part
US jobs growth was stronger than expected in April, showing the resilience of the economy even as the Federal Reserve signalled it was “getting close” to pausing its cycle of interest rate rises. The US added 253,000 non-farm jobs last month, according to a report from the Bureau of Labor Statistics on Friday, confounding expectations
This is a public service warning for Conservatives. Voters do not regard a rudimentary ability to govern as a bonus feature for those seeking to run the country. For the past three months, Tories have been allowing themselves to believe that under Rishi Sunak the mere restoration of floor-level competence and political sanity would be
In this article COIN AAPL DKNG WBD CI Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk passed signage at Cigna headquarters in Bloomfield, Connecticut. Michael Nagle | Bloomberg | Getty Images Check out the companies making the biggest moves premarket: Cigna — Cigna gained 3% in premarket trading after beating top- and bottom-line estimates for
The frog-themed memecoin Pepe (PEPE) surged over 85% in the last 24 hours and surpassed a $1 billion market cap three weeks after it was first launched on April 14, 2023. Ironically, the core value proposition of PEPE is that there isn’t one. The official website for the cryptocurrency features a disclaimer that describes investment