Mortgage rates moved higher again last week, pushing buyers back to the sidelines just as the spring housing market is supposed to be heating up. Mortgage applications to purchase a home dropped 6% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 44% lower than the
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S&P Global Ratings on Friday revised the outlook on Reedy Creek Improvement District, Florida’s general obligation bonds to stable from developing. S&P also affirmed the AA-minus long-term rating on the district’s outstanding GOs, saying the rating reflects the strong tax base, very strong collection rates and consistent financial performance. “The outlook revision reflects recent state
Bitcoin (BTC) is leading the cryptocurrency markets lower and the matter is being exacerbated by Silvergate Banks’ ongoing issues. This week the cryptocurrency-focused bank said that it needed additional time to file its annual 10-K report and warned that it may not be able to operate for another 12 months. Reacting to this news, several cryptocurrency
States and cities trying to craft budgets to implement infrastructure projects have been stumped by requirements set in place by the Build America, Buy America Act, and the nation’s top transportation official is urging them to rise to the challenge. Passed as part of the Infrastructure Investment and Jobs Act, the act requires that the
Germany has asked Switzerland to sell some of its decommissioned Leopard 2 tanks as it struggles to cobble together two battalions of the fighting vehicles to send to Ukraine. Berlin has requested that its neighbour sell some of its 96 mothballed Leopard 2 tanks to the German arms producer Rheinmetall. That could allow European countries
Bitcoin (BTC) investors reeling from the shock of recent cryptocurrency company failures and banking issues may face another potential problem: a recovering United States dollar. US dollar strength reemerges Notably, the U.S. Dollar Index (DXY), which tracks the greenback’s performance against a basket of top foreign currencies, has risen 4% from its Feb. 3 low
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Blockchain-backed digital currencies provide the new world with a way for our economic structure to bypass geopolitical agendas in a free-market-driven manner which economists have been pointing to for decades if not centuries Technical Analysis: TOTAL Crypto Market Cap: 2:02 Bitcoin Bullish Fib-Channel: 3:46 Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out
Have you tried automation to simplify your dividend investing? A guide to Trading 212’s Pies & AutoInvest features. In this fourth video of the series, we talk about using: – Automation to simplify dividend investing – Trading 212’s Pies to help choose dividend stocks and keep a diversified portfolio – AutoInvest from Trading 212 to
In this article SBNY SI Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | Lightrocket | Getty Images Shares of Silvergate Capital plummeted Thursday after the bank delayed the filing of its annual 10-K report as it evaluates events that have happened since the end of 2022. The company, which provides banking services to crypto
In this article ZS AI CHPT HPE MRVL DELL Follow your favorite stocksCREATE FREE ACCOUNT Dell CEO Michael Dell delivers a keynote address during the 2013 Oracle Open World conference on September 25, 2013 in San Francisco, California. Justin Sullivan | Getty Images Check out the companies making headlines after the bell. Zscaler – Shares
The massive Texas ranch of the late oil billionaire T. Boone Pickens has sold at a $60 million price cut after languishing on the market for five years. Located in the northeast corner of the Texas Panhandle, Mesa Vista stretches for over 100 square miles and almost 37,000 acres along 25 miles of the Canadian
The average rate on the 30-year fixed mortgage jumped back over 7% on Thursday, rising to 7.1%, according to Mortgage News Daily. Growing fears that inflation is not cooling off are pushing bond yields higher. Mortgage rates loosely follow the yield on the U.S. 10-year Treasury. “Rates continue to move at the suggestion of economic
Municipals were weaker Thursday as outflows from muni mutual funds continued. U.S. Treasury yields rose, with all maturities now yielding above 4%, and equities ended mixed. Treasury yields rose as initial jobless claims came in below 200,000 for the seventh straight week and unit labor costs for the fourth quarter were revised up to 3.2%
Chicago voters will choose between Paul Vallas, a former city budget director and Chicago Public Schools chief, and Cook County Board Commissioner Brandon Johnson to replace Mayor Lori Lightfoot who lost her bid for a second term as the city’s upward fiscal momentum took a backseat to worries over crime. Vallas won 33.9% of the
The world’s largest building materials company CRH is planning to move its listing from London to New York in a fresh blow to the UK’s capital market. The company, which has a market capitalisation of almost £30bn, is the latest UK-listed company to embark on a move to New York. Last year, Ferguson, the plumbing
press release PRESS RELEASE. Since last year, CoinEx Charity has been funding children in poor areas, bringing them back to school to continue their education. The Mercy Children’s Educational Welfare Program is still ongoing and has helped over 20,000 children with funds from CoinEx Charity. Recently, CoinEx Charity received a report from the Human Development
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