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Ether (ETH) price is down on Dec. 16, and the pre-FOMC rally to $1,350 was obliterated after Federal Reserve Chair Jerome Powell issued hawkish statements following a 0.50% hike in interest rates. Ether price was dealt another blow when Silvergate Capital Corporation decided to voluntarily liquidate Silvergate Bank. Silvergate Bank was one of the major
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Kansas legislation targeting environmental, social, and governance criteria in public investments and contracts was held in House and Senate committees Wednesday as lawmakers work on changes after concerns were raised about projected big pension fund losses due to divestment.  Anti-ESG efforts have popped up in several state legislatures with bills seeking to protect certain industries,
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In this article LDI MDB UBER FOSL SIVB Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | Lightrocket | Getty Images Check out the companies making headlines after the bell. Uber — The ride-sharing platform’s shares gained 2.5% after Bloomberg reported that the company is weighing a potential spinoff of its freight logistics unit. Silvergate
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Municipals were little changed in secondary trading Wednesday amid an active primary market with two billion-dollar deals priced, although details on one were not immediately available. U.S. Treasury yields were weaker in spots and equities ended mixed. The three-year muni-UST ratio was at 59%, the five-year at 61%, the 10-year at 66% and the 30-year
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The ongoing global regime shift toward higher interest rates and less liquidity will drive significant transformations of business investment and the allocation of resources. Given structural inflation pressures, we expect central banks will be less able to intervene than they historically were when exercising monetary policy to extend expansions and shorten recessions. Disruptions and dislocations
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