Eurozone inflation rose faster than expected in the year to May, setting a new record for the single currency bloc of 8.1 per cent and piling pressure on the European Central Bank to speed up the withdrawal of its ultra-loose monetary policy. The surge in eurozone price growth, from 7.4 per cent the previous month,
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Parties in the Puerto Rico Electric Power Authority bankruptcy asked the judge Wednesday for an extra month to negotiate a debt restructuring deal. The Puerto Rico Oversight Board made the request on behalf of the the Fiscal Agency and Financial Advisory Authority, National Public Finance Guarantee, Assured Guaranty, Syncora Guarantee, Ad Hoc Group of PREPA
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A gas station is seen as the average price of gasoline reach all-time high at $4.37 per gallon (about 3.8 liters) in Virginia, USA on May 10, 2022. It’s claimed that gasoline prices vary by region. Yasin Ozturk | Anadolu Agency | Getty Images Memorial Day marks the start of the summer driving season, and
The South Korean government continues to investigate Terraform Labs, the firm behind the Terra Network as well as Luna (LUNC) and Terra USD (UST) tokens, by reportedly summoning subpoenas to employees. South Korean authorities have reportedly summoned all employees at Terraform Labs as part of a full-scale investigation of the collapse of UST and LUNC,
Lieutenant Commander Landon Jones was killed on September 22, 2013, when his helicopter crashed into the Red Sea. He was based out of Naval Air Station North Island in Coronado, California, where his widow Theresa and sons Anthony and Hunter still live. LCDR Jones, along with Chief Warrant Officer 3 Jonathan Gibson who died in
William_potter | Istock | Getty Images With the stock market getting volatile but the housing market still hot, reverse mortgages have become a more attractive tool for older Americans who need cash for retirement but want to stay in their homes. Home Equity Conversion Mortgage loan volume was up 26% in March, according to data
The Securities and Exchange Commission’s proposed amendments to its Names Rule may not have a direct effect on the municipal bond industry today, though market participants believe it could influence proposals the SEC’s Office of Municipal Securities is considering for the future. The proposal comes days after BNY Mellon was fined $1.5 million by the
Pay for top British bosses has bounced back to pre-coronavirus levels as company boards shed pandemic-era pay restraint and cashed in on bonus plans set during the economic dislocation caused by Covid-19. Overall pay for chief executives in the FTSE 100 has reached a median average of £3.6mn, according to Deloitte’s 2022 AGM-season report, similar
Rising home values are putting the spotlight on property taxes in Texas, where state lawmakers are eying tax relief options for the upcoming legislative session even as previously approved measures are slowing the growth in tax bills. Preliminary residential property values are up an average 24%, according to a Texas Association of Appraisal Districts poll
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Andrew Levine, CEO of Koinos Group, which is focused on accelerating the transition to a more decentralized future by
In today’s episode of hungry for returns, we are going to answer the question: How to set alerts for iron condors and be able to trade iron condors while working a 9 to 5 job. We’re going to cover: where to set the alerts, what percentages to look at, how to set those alerts, and
In this article BIG ADSK ULTA Ulta Beauty store. Scott Mlyn | CNBC Check out the companies making headlines in midday trading Friday. Ulta Beauty — The beauty retailer surged 10% following better-than-expected quarterly earnings and revenue. Ulta Beauty also shared a better-than-expected outlook for the full year. American Eagle — The stock dropped 4.2%
It’s hard to put a dollar value on privacy. But for those who crave it, priceless would be a good place to start. In fact, privacy is ranked as just as important in home buying as proximity to family and friends in a 2022 trend analysis by John Burns Real Estate Consulting. At the very
The $28.5 million mansion that recently hit the market in Boca Raton, FL located at 2633 Spanish River Rd. Danny Petroni Ultra-high-end real estate in Boca Raton, Florida, is on a stratospheric rise, breaking record sale prices every year for five consecutive years. And the price per square foot of the town’s top-end homes is now
Bitcoin (BTC) threatened to continue an unprecedented losing streak on May 29 as BTC/USD stayed in a right intraday range. Stocks correlation offers no comfort to BTC bulls Data from Cointelegraph Markets Pro and TradingView flagged the largest cryptocurrency heading for nine weeks of downtrend in a row — the most in history. Already at a
The Chicago City Council signed off on Mayor Lori Lightfoot’s choice of Bally’s Corporation to hold the city’s first and only casino license, a project billed as central to structurally balancing the city’s books. The council vote of 41-7 came Wednesday several hours of contentious debate during which many members, even some who eventually cast
The UK tax authority has admitted it has no idea how much tax is being evaded by UK residents holding money offshore, after new figures revealed hundreds of billions of pounds was held in tax havens. HM Revenue & Customs disclosed in freedom of information requests that UK residents had £850bn in financial accounts overseas
Municipals continued their rally Thursday with yields falling by another 12 to 15 basis points while U.S. Treasuries were little changed and equities rallied. Secondary trading pushed yields lower again. Certain prints showed bonds trading up by more than 65 basis points from Friday’s levels. New York paper, in particular, was rallying in the secondary.
Traders on the floor of the NYSE, May 6, 2022. Source: NYSE Stocks could carry the momentum of this latest rally into next week as investors look ahead to Friday’s jobs report. All three major indices were on track Friday afternoon to score big gains for the week, each rising higher than 5%. Both the