Former Hells Angel Tim Wayne Medvitz has had some big ideas in the past decade and a half. One is to use his mountaineering skills to take seriously injured military veterans on climbs up the world’s highest peaks. The Heroes Project charity he created after a motorcycle accident shattered his body and life has been
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Anyone who thinks they understand what is happening in the economy — and what will happen — should think some more. The post-pandemic state of the economy is somewhat of a mystery, but a mystery worth exploring. Unemployment is a low 3.9%. Inflation is somewhere between 3.5% and 4.2% depending on which index is used.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Benjamin Netanyahu said on Saturday that he opposed the return of the Palestinian Authority to Gaza, underscoring the growing divergence between his government and the US over what the enclave’s postwar governance should be. US
Non-government organization Bitcoin Argentina presented a draft bill proposing to regulate the cryptocurrency market in a way that preserves decentralization and strengthens public trust. The proposed legal framework was pitched by Bitcoin Argentina’s president Ricardo Mihura at LABITCONF 2023 in Argentina’s capital, Buenos Aires on Nov. 10. Bitcoin Argentina previously dismissed the idea that the
Puerto Rico’s upcoming gubernatorial and legislative elections may lead to a new governor but aren’t likely to change local policy significantly, observers say. At this stage, the main drama seems to be in the New Progressive Party governor’s primary, which sees Puerto Rico Resident Commissioner Jenniffer González Colón running against Gov. Pedro Pierluisi. As Resident
The price of Solana (SOL) has soared 40% this week to establish a new 2023 high at around $58. That is Solana’s best weekly performance since January 2023. Many factors have contributed to the gains, including a general cryptocurrency market uptrend led by Bitcoin ETF euphoria and growing appetite for risk overall. Solana (SOL) weekly price chart.
Take a 20th-century Tudor-style estate, throw in a Moroccan king and British businessman Richard Branson, add beets and tomatoes, and you have the makings of a new ultraluxury community in the rolling hills of New Jersey. Natirar, as it’s called, is a country community based on wellness, sustainable living and connecting with nature. It’s set
Toronto Star | Toronto Star | Getty Images A recent jury verdict against the National Association of Realtors and large residential brokerages could upend the residential real estate industry. The real estate compensation model is at the heart of the issue. Plaintiffs contend that commission rates are too high, buyer brokers are being overpaid, and
Municipals were little changed to close out a busy week in both the primary and secondary, while U.S. Treasury yields fell out long and equities rallied. “Although this round of muni market bullish reversal was pulled off one week later than Treasuries’, the rally progressed better,” said BofA strategists. The 10-year UST reached its peak
Business taxes are set to fall in this month’s Autumn Statement as UK ministers signalled that they want to incentivise companies to pull Britain out of its growth stupor. As new data showed the economy flatlining, chancellor Jeremy Hunt and his deputy John Glen made clear their desire to cut business taxes, including by extending
A team of academic researchers from the International Hellenic University and Democritus University of Thrace in Greece recently published a paper supporting the “efficient market hypothesis” (EMH) for bitcoin trading. EMH is a controversial theory that the researchers claim contributed to the development of models capable of outperforming the hodl strategy by nearly 300% in
News of BlackRock registering the iShares Ethereum Trust increased expectations that the asset manager may eventually apply for an Ether (ETH) spot exchange-traded fund. This is a positive sign as it shows that BlackRock’s cryptocurrency aspirations are not limited to Bitcoin (BTC). Market observers are increasingly optimistic that spot Bitcoin ETFs will be greenlighted by the
As the timeline for implementing the Financial Data Transparency Act grows shorter, the Securities and Exchange Commission is teaming up with other federal regulators in an attempt to allay fears about implementation. “There’s no new disclosure requirements, standards or timelines, it’s just about structured data,” said Dave Sanchez, director of the SEC’s Office of Municipal
Working from home, you get to avoid all of the noise that accompanies an office environment, including those untimely interruptions by colleagues stopping by to chat. However, a WFH environment presents its own set of challenges, ranging from the sound of your neighbors’ lawnmowers and weed-eaters to household noises and loud family members. Fortunately, active
Chair of the House Republican Conference Rep. Elise Stefanik (R-NY) speaks during a news conference after a caucus meeting with House Republicans on Capitol Hill May 10, 2023 in Washington, DC. Drew Angerer | Getty Images House Republican Conference Chair Rep. Elise Stefanik on Friday filed an ethics complaint calling for the removal of a
Municipals were mixed Thursday, largely sitting out another swing to higher yields in U.S. Treasuries after Federal Reserve Chairman Jerome Powell said the central bank would not hesitate to hike interest rates further if needed. Equities sold off. Triple-A yields barely budged while USTs saw yields rise by 10 to 14 basis points following a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A ransomware attack on the Industrial and Commercial Bank of China has disrupted the US Treasury market, according to market participants. The Securities Industry and Financial Markets Association told members on Thursday that ICBC, China’s
China to protect NFTs In a surprise move, the Chinese government has guaranteed legal protection for NFTs. In response to a series of often conflicting judicial opinions on the state of cryptocurrency in the country, the Chinese government has officially issued a legal commentary on dealing with cases of nonfungible tokens (NFTs) theft and their status as
Tender option bond volume is growing and is expected to reach a 10-year high this year, according to Municipal Market Analytics. About $17 billion of TOBs have been issued so far in 2023, which is on pace to eclipse last year’s $17.6 billion, MMA said. The outstanding TOB market is at about $50 billion from
In this article Follow your favorite stocksCREATE FREE ACCOUNT Traders working at the New York Stock Exchange (NYSE), on Sept. 20th, 2023. NYSE It’s quiet out there in IPO land — very quiet. This is it: the weeks before Thanksgiving usually bring a spate of large IPOs eager to go public before the holiday season
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