Top Stories This Week Ethereum futures ETFs to start trading next week Investment firm Valkyrie will start offering exposure to Ether futures in the coming days. On Sept. 28, the firm told Cointelegraph that its Bitcoin Strategy ETF will allow investors access to Ether and Bitcoin futures “under one wrapper,” making it one of the
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September municipal bond issuance rose slightly year-over-year, becoming the first month of 2023 to see supply increase from 2022 levels, as several billion-dollar deals were priced and a general market acceptance of the Fed’s ‘higher for longer’ stance took hold. Led by tax-exempt, new-money deals, September’s total volume ticked up 1.2% to $27.585 billion in
Receive free BP PLC updates We’ll send you a myFT Daily Digest email rounding up the latest BP PLC news every morning. BP’s top executive in the US is leaving the company, the oil giant told staff on Friday just weeks after the resignation of the company’s global chief executive Bernard Looney. Dave Lawler, who
Bitcoin (BTC) is attempting to trade above $27,000 which is a positive sign. In the past few days, Bitcoin’s price held up above $26,000 in adverse conditions when the United States dollar index (DXY) was rising sharply and the S&P 500 index (SPX) was plunging. This suggests that selling dries up at lower levels. The
In this article AZTA Follow your favorite stocksCREATE FREE ACCOUNT Choja | E+ | Getty Images Company: Azenta (AZTA) Business: Azenta is a life sciences company that operates through two segments. First, there’s the life sciences products division, which offers automated cold sample management systems for compound and biological sample storage, equipment for sample preparation
Tesla CEO Elon Musk arrives for a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Check out the companies making headlines in midday trading. Tesla — Stock in the electric vehicle company added more than 2% in midday
The Pond0X decentralized exchange (DEX) has reached more than $100 million in total trading volume, according to a September 28 social media post from its official channel. Investors previously lost over $2 million in the launch of the exchange’s native token, PNDX, when the coin turned out to have a transfer function that allowed anyone
There are a lot of factors that can negatively impact the sale of your home. Using the wrong paint colors, neglecting curb appeal, and overpricing the home are just some of the many reasons why your house may not be selling – or the offers are lower than anticipated. However, can your closets also play
Banks are facing mounting uncertainty as the commercial real estate (CRE) sector continues to struggle. But, tailwinds in our financial names should help safeguard their bottom lines. Club names Wells Fargo (WFC) and Morgan Stanley (MS) have bright spots in their operations that can offset potential weakness from CRE exposure. We’re optimistic about green shoots
After selling off for a week and a half, munis ended Friday’s session firmer, but September losses moved the asset class into the red for the year, returning -1.79%. “September and to a lesser degree October have not been kind to municipal investors in recent history, with average returns of -5.7% and -1.8%, respectively, going
The United States economy has been facing turbulent times lately, with the U.S. Personal Consumption Expenditure (PCE) inflation index rising by a significant 3.5% over the past 12 months. Even when excluding the volatile food and energy sectors, it’s evident that the efforts made by the U.S. Federal Reserve to curb inflation have fallen short
Spartanburg, South Carolina, will soon be home to another city’s minor league baseball team with the help of the city’s largest-ever economic development package. Spartanburg’s city council approved a $425 million public-private partnership development deal on Tuesday, anchored on a new 3,500-seat minor league baseball stadium officials said will help revitalize the city’s downtown area.
Receive free BP PLC updates We’ll send you a myFT Daily Digest email rounding up the latest BP PLC news every morning. The allegations that prompted Bernard Looney’s resignation from BP included an accusation that the chief executive promoted women with whom he had undisclosed past relationships, according to people familiar with the matter. The
In this article NVDA MSFT META Follow your favorite stocksCREATE FREE ACCOUNT Brad Gerstner, Altimeter Founder & CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Altimeter Capital Chair and CEO Brad Gerstner is massively bullish on artificial intelligence, saying the power of the advanced technology could
In this article NKE UEC TXRH EDIT RMD EAT MTN Follow your favorite stocksCREATE FREE ACCOUNT Black Friday shoppers wait to enter the Nike store at the Opry Mills Mall in Nashville, Tennessee, on November 25, 2022. Seth Herald | AFP | Getty Images Check out the companies making headlines in premarket trading. Nike —
Bitcoin (BTC) managed to stay above the $26,000 level even as the S&P 500 tumbled to a three-month low and the US dollar index (DXY) rose to a new year-to-date high. This is a mildly positive sign as it shows a lack of aggressive selling at lower levels. Bitcoin remains stuck inside a range and
With its upcoming Guoco Midtown mixed-use development, GuocoLand is creating a vibrant urban hub fostering well-being, community and the future lifestyle of the people. At a time when hybrid work arrangements have become the norm and wellness a priority for many, discerning businesses and consumers are on the hunt for real estate that blends functionality
China Evergrande Group’s logo is displayed on a phone screen in this illustration photo taken on September 27, 2021. Jakub Porzycki | Nurphoto | Getty Images A day after China Evergrande’s shares were suspended in Hong Kong, the beleaguered Chinese property firm revealed that its director and executive chairman is under scrutiny over suspected crimes.
Municipals sold off Thursday, despite a stronger U.S. Treasury market, while mutual funds reported large outflows. Equities ended up. Muni triple-A yields rose nine to 12 basis points, depending on the scale, while UST yields fell two to eight basis points. Municipal to UST ratios were higher again as a result. The two-year muni-to-Treasury ratio
Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese worker fined $145K over VPN An unnamed individual in China was fined 1.06 million Yuan ($144,907) for using a virtual private network (VPN) to access restricted websites as part of a remote work routine for a foreign employer. According to