After the homebuying hysteria of 2021 and the first half of 2022 was cooled off by rising interest rates, one of the knock-on effects has been an increase in the cost of rent. This is understandable as rising mortgage rates pushed homeownership beyond affordability for many Americans, who then in turn, have resorted to renting.
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The Illinois State Toll Highway Authority heads into the market this week with $500 million of new money debt that leaves just another $1.5 billion of borrowing still to come for its$14.8 billion capital program. The fixed-rate bonds will sell Wednesday, according to tollway officials. Proceeds will fund upgrades and expansion projects in the Move
Unlike restricted proof-of-work (PoW) blockchains like Bitcoin, the Polkadot blockchain allows cross-blockchain transfers of any asset or data, facilitates more transactions per second and needs less infrastructure. Polkadot uses a nominated proof-of-stake (NPoS) blockchain centered on interoperability of parachains that connect to and are secured by the Relay Chain. Validators can validate both the Relay
In today’s Market Report episode, analyst and writer Marcel Pechman covers the potential triggers to move Bitcoin’s price away from $27,000, including the United State Federal Reserve meeting on May 3. The show airs every Tuesday on the Cointelegraph Markets & Research YouTube channel. The first news article discussed the catalysts for Bitcoin’s next move,
It’s been slim pickings so far this year in the high-yield municipal market, with investors turning to a handful of prominent credits — restructured Puerto Rico debt, prepay gas bonds, tobacco paper — while continuing to shun troubled sectors like senior living. The story in the high-yield space follows the larger $4.1 trillion muni market,
UK citizens trapped by the fighting in Sudan are to be offered flights out after London announced on Tuesday an evacuation operation from near the capital Khartoum. The move comes after Prime Minister Rishi Sunak had faced mounting pressure to rescue the roughly 4,000 UK nationals caught up in fighting between two rival generals. “UK
In this article CDNS Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines after the bell. People walk near a First Republic Bank branch on March 16, 2023 in New York City. View Press | Corbis News | Getty Images First Republic Bank — Shares of the San Francisco-based regional bank tumbled
Looking at a photo of Lake Oswego, Oregon, many might assume the small town is located in some sort of hinterland in an isolated part of the country. Carved out of the western bank of the Willamette River, Lake Oswego sits among a landscape of perfect pine trees and misty mountains in the distance. From
Harlan Crow, chairman and chief executive officer of Crow Holdings LLC, sits for a photograph at the Old Parkland estate offices in Dallas, Texas, on Friday, Oct. 2, 2015. Chris Goodney | Bloomberg | Getty Images Sen. Ron Wyden, D-Ore., on Monday asked GOP megadonor Harlan Crow for a complete list of gifts to Supreme
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Municipals were mixed to start the week as participants await a $7 billion-plus new-issue calendar, while U.S. Treasuries were firmer and equities were mixed. The two-year muni-Treasury ratio Monday was at 62%, the three-year at 64%, the five-year at 65%, the 10-year at 67% and the 30-year at 91%, according to Refinitiv MMD’s 3 p.m.
In an announcement made on April 24, Binance, the cryptocurrency exchange with the largest trade volume, unveiled its latest staking product, wrapped beacon eth (WBETH). This new addition to Binance’s staking solutions is built on the Ethereum network, joining the ranks of other competing liquid staking products such as Lido, Coinbase, Rocket Pool, and Frax.
Democrats on the House Natural Resources Committee began a revival attempt on the Puerto Rico Status Act on Thursday, aiming to give the island territory’s voters the choice of statehood. The bill, which died at the end of the last congressional session, would establish a binding plebiscite – a direct vote on the island to choose between
Credit Suisse suffered SFr61.2bn ($68.6bn) of asset outflows in the first quarter as clients fled the stricken bank, exposing the scale of the task UBS now faces after taking over its Swiss rival. The speed with which clients deserted Credit Suisse was the chief reason Swiss authorities stepped in last month to orchestrate a rescue
The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Nvidia | via Reuters TipRanks is celebrating a decade of simplifying investment decisions through its data-driven research tools: Here is a list of the 10 best analysts on Wall Street. To come up with this list, TipRanks
Pedestrians walk through a street crossing in front of the American electric company car Tesla Motors official authorized car dealer store in Hong Kong, July 13, 2022. Budrul Chukrut | SOPA Images | Lightrocket | Getty Images Check out the companies making headlines in midday trading. Tesla — Shares tumbled nearly 9%. The action comes
Reminiscent of Tamagotchi and Pokémon, the wildly popular digital pets and creatures of the 1990s, CryptoKitties is a blockchain-based game where players can collect, trade and breed digital virtual cats. CryptoKitties was the first Ethereum-based game, and its popularity underscored many of the network’s scaling issues. This digital cat-breeding blockchain game caused quite a bit
Mam-On Island in the Philippines is as authentic as island life gets. White sand beaches, turquoise waters, coral reefs, secret surf spots—and little else—make its Pacific Ocean setting a natural standout. What more could anyone want? Maybe an $11 million pristine property with 2,300 feet of shoreline in the country’s prime surf zone. “It is
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