It took just seven days for the Terra (LUNA) ecosystem to spiral down as prices came crashing from $85 on May 5 to nearly $0 on May 12. As the market slowly gained clarity on what transpired, the trading volume of LUNA saw a steep recovery of over 200% over the weekend. As a result
Illinois’ rosier near-term fiscal landscape and state bond rating momentum helped lift the ratings of public transit agencies and the state’s public universities and more than $5 billion of rated debt. Earlier this month, Moody’s Investors Service upgraded the Illinois Regional Transportation Authority’s $1.7 billion of general obligation bonds to Aa3 from A1 due
Rafael Henrique | LightRocket | Getty Images MicroStrategy, the enterprise software maker that’s bet big on bitcoin over the past two years, is now underwater on its holdings of the world’s largest cryptocurrency due to the market tumble. Bitcoin traded around $28,000 apiece on Thursday morning, recovering somewhat from earlier losses that brought the digital
In this article TWTR AFRM HOOD Traders work on the floor of the New York Stock Exchange. NYSE Check out the companies making headlines in midday trading. Twitter — Shares of the social media platform slid 8% after Elon Musk said his take-private deal is on hold until he receives more information about how many fake accounts
Gone are the days of the humble log cabin, or so you’d think walking through this more than 11,000-square-foot getaway perched on the slopes of Arrowhead Mountain. Newly listed at $17.495 million, the seven-bedroom, eight-bathroom home features luxury amenities not often found in your average log cabin-style design, including a wine room, movie theater and
President Donald Trump looks on during a campaign rally in Battle Creek, Michigan. Leah Millis | Reuters A New York judge said Wednesday that he would lift a contempt of court finding against former President Donald Trump by next week if Trump’s legal team provides more information about a search for documents sought by the
Today’s trading strategy video is not one for the faint-hearted. False breakouts are one of those setups that require skill to identify and even more skill to trade successfully. Luckily we have an experienced trader like David Jones with us to pinpoint the factors that make the difference between winning and losing using this aggressive
California Gov. Gavin Newsom rolled out an $18 billion inflation-relief package during his May budget revision that included $400 rebates to car owners as well as expanded rental assistance and help covering past-due utility bills. The state budget boasts a $97.5 billion surplus, according to the governor’s estimates, but lawmakers also face spending restrictions from
German foreign minister Annalena Baerbock said the G7 group of industrialised nations was urgently seeking alternative routes for the export of Ukrainian grain as Russia’s war against its western neighbour raised the risk of a global “hunger crisis”. Speaking at the conclusion of a three-day meeting of G7 foreign ministers in Germany, Baerbock said some
A reversal of U.S. Treasuries added more selling pressure on municipals Friday with another day of cheaper trading in the secondary leading to cuts in triple-A scales after a week of underperformance to taxables that pushed ratios firmly above 100% out long. Municipal triple-A benchmark yields rose up to five basis points in another rough
Vlad Tenev, CEO and co-founder Robinhood Markets, Inc., is displayed on a screen during his company’s IPO at the Nasdaq Market site in Times Square in New York City, U.S., July 29, 2021. Brendan McDermid | Reuters Robinhood shares jumped 26% on Friday, a day after the CEO of a major crypto exchange took a
In this article HD .SPX A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York, May 5, 2022. Andrew Kelly | Reuters Investors could get a reprieve in the week ahead from the vicious selling cycle that has gripped the stock market since late March. Stocks bounced off
This week the crypto market endured a sharp drop in valuation after Coinbase, the leading U.S. exchange, reported a $430 million quarterly net loss and South Korea announced plans to introduce a 20% tax on crypto gains. During its worst moment, the total market crypto market cap faced a 39% drop from $1.81 trillion to $1.10
So, you found the perfect home (nice!) and you put in an offer (very nice!) and your offer was accepted (SUPER nice!)… now it’s time to have your new purchase inspected. Buyers pay for inspections in order to do their due diligence and ensure that the home is in good shape before completing the purchase.
Marc & Tiffany Angeles An over-the-top modern mansion in Bel Air was listed for $87.8 million for an auction this week. But the highest bid came in just under $45.8 million, according to the home’s seller, dermatologist-turned-developer Alex Khadavi. “Horrible, Horrible, Horrible!” was how Khadavi characterized the auction results to CNBC. He filed for Chapter
Altcoins saw a relief bounce on May 13 as the initial panic sparked by Bitcoin’s sell-off Terra’s UST collapse and multiple stablecoins losing their dollar peg begins to decrease and risk loving traders look to scoop up assets trading at yearly lows. Despite the significant correction that occurred over the past week, Bitcoin (BTC) bulls
Making a mistake when you first start trading can be both disappointing and discouraging. I’ll let you in on something that I’ve learned throughout my professional experience- no one knows exactly what to do when they start out in the stock market for the first time. However, there is a way that you can avoid
BondLink has partnered with InspereX to connect issuers to independent registered investment advisors by directly linking BondLink’s investor relations pages with InspereX’s BondNav platform. The partnership allows RIAs to access BondLink’s hosted investor relations pages without having to leave InspereX’s BondNav platform — the first cloud-native bond aggregation platform — enabling users to learn more about
Elon Musk on Friday tweeted that he had put his $44bn deal to take Twitter private “temporarily on hold” pending details supporting the calculation that spam and fake accounts represented fewer than 5 per cent of users. Musk posted his remarks on the microblogging site with a report from the Reuters news agency about the
Ether (ETH) is down 38% in three weeks and the current $2,000 level is 59% below the $4,870 all-time high that was reached in November 2021. Additional newsflow that added to the current market wide volatility were the bankruptcy fears that emerged after Coinbase, the largest U.S. exchange reported a $430 million first-quarter 2022 loss.