Municipals were firmer 10 years and in Wednesday while another week of mutual fund outflows clocked in at $3.8 billion. U.S. Treasuries closed out the session better while equities sold off on weaker earnings. The focus shifted from midterm election results to Thursday’s monthly consumer price index report. “U.S. stocks declined as the midterm election
US consumer price inflation has fallen to its lowest year-on-year level since January, sending US stock index futures and government bonds rallying. The annual pace of the consumer price index slowed to 7.7 per cent in October, down from 8.2 per cent in September, in figures released on Thursday. Month on month, the index jumped
Democrats Erick Russell and James Diossa won open-seat campaigns for the state treasurer’s offices in Connecticut and Rhode Island. Russell will replace Connecticut State Treasurer Shawn Wooden, who didn’t seek re-election, and Diossa will replace Rhode Island General Treasurer Seth Magaziner, who ran for and won a seat in the U.S. House of Representatives. Russell,
Investor sentiment in the crypto market is floundering after Binance decided to nix its agreement with FTX to purchase the distressed cryptocurrency exchange. The events have sent Bitcoin to a new yearly low, while other altcoins have also taken a sharp downturn. Data from Cointelegraph shows Bitcoin (BTC) declining to $15,698 amid the chaos caused
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In this article FTT.CM= SOL.CM= Follow your favorite stocksCREATE FREE ACCOUNT Bankruptcy filings from Celsius and Voyager have raised questions about what happens to investors’ crypto when a platform fails. Rafael Henrique | Sopa Images | Lightrocket | Getty Images Cryptocurrencies extended their slide for a second day Wednesday as the market digested the fallout
In this article TSLA META DHI DIS Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: Tesla (TSLA) – SEC filings show CEO Elon Musk sold nearly $4 billion in Tesla shares in the days following his purchase of Twitter. Tesla shares added 1.5% in the premarket. Meta Platforms
Whether it’s ride-sharing, bike-sharing or even tool sharing at tool lending libraries in cities from Seattle to Baltimore, share and share alike appears an idea whose time has come. In recent years, household names like Lyft, TaskRabbit and Airbnb have enabled consumers to provide underutilized goods or services in exchange for payment. It figures the
Ridofranz | Istock | Getty Images We adamantly want to age in place, say experts. A recent AARP report shows that 85% of respondents 65 or older wish to stay in their current residences as long as possible. Retirement-focused financial advisors can help with both the financial and non-financial preparations to do so. “We’re often
Voters in New York State approved the $4.2 billion Clean Water, Clean Energy, Green Jobs Environmental Bond Act bonds on Tuesday’s ballot. San Diego Unified School District voters approved $3.2 billion for facility and safety improvements. Austin ISD voters approved a $2.44 billion bond package including $2.316 billion for general purposes, $75.5 million for technology
Control of the US Congress hung in the balance on Wednesday after Democrats put up an unexpectedly strong fight in the midterm elections, while Republicans insisted they were on course to take back at least the House of Representatives. Republicans notched up a string of convincing victories, particularly in Florida, where governor Ron DeSantis cruised
Municipals were firmer again Tuesday along with U.S. Treasuries, while equities made modest gains as voters headed to the polls. Triple-A yields fell two to five basis points while USTs were lower by six to nine, with the strongest performance in the belly of the curve. With a more volatile UST market that saw yields
In today’s episode, I want to share with you some basics about dividend investing as well as the power of dividends and how they can benefit you and build wealth for you over the long term. We’ll cover topics such as, what is a dividend? How much can you make with dividends? Why do companies
Bitcoin (BTC) saw major volatility after the Nov. 8 Wall Street open as turmoil over crypto exchange FTX punished markets further. Binance hints at plan to buy FTX Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $19,244 on Bitstamp, marking the pair’s lowest levels in two weeks and 24-hour losses of nearly 7%. FTX remained
Take a look at some of the biggest movers in the premarket: Take-Two Interactive (TTWO) – Take-Two tanked 17.4% in the premarket after the videogame publisher cut its bookings outlook for the year. Take-Two has been impacted by weaker mobile and in-game sales, although CEO Strauss Zelnick said the situation should improve within the next
Crypto communities can often implode, despite the best intentions of everyone involved. Genuine communities with plausible but convoluted project ideas can fail just as easily as projects like DeFi Wonderland, which imploded because of its CFO’s connection to the controversial, defunct Canadian exchange QuadrigaCX. Plausible projects face scaling challenges like Zilliqa or project management problems
The pandemic turned us into a nation of painters. Confined within our four walls, we could not resist the temptation to contemplate a color change. We wanted drama, but we also wanted a peaceful environment; we wanted a graphic punch of color while we yearned for a soothing backdrop; mostly, we just wanted a change.
A home awaits sale at a reduced asking price in Glendale, California. David McNew | Getty Images The historic run-up in home prices during the first two years of the pandemic gave homeowners record amounts of new home equity. Since May, however, about $1.5 trillion of that has vanished, according to Black Knight, a mortgage
Transcription: Keeley Webster (00:03):Hi, this is Keeley Webster. Today I have with me Larry Kosmont, President of Kosmont Financial Services. He founded the firm, a Minority Business Enterprise, 36 years ago. Larry, you recently rebranded your company to Kosmont Financial Services. Could you tell me about your thinking around that? Larry Kosmont (00:21):Yes, absolutely. And