More than one-third (34.1%) of U.S. single-family homes for sale in December were new construction, up from 25.4% a year earlier and the highest share on record, according to real estate firm Redfin. Newly built homes have taken up an increasing portion of housing inventory over the last 10 years, with a major acceleration in
lvcandy | DigitalVision Vectors | Getty Images Sales of real estate in the metaverse topped $500 million last year and could double this year, according to investors and analytics firms. Real estate sales on the four major metaverse platforms reached $501 million in 2021, according to MetaMetric Solutions. Sales in January topped $85 million, the
What to do when your municipal electric utility is slammed by huge bills after the state electric grid failed to balance supply and demand? Bring in a new power-hungry customer to help pay off those bills. That’s what Denton, Texas, is doing. Now, the money it realizes from having Core Scientific as a customer will
The U.S. Federal Trade Commission (FTC) has warned about social media being used in cryptocurrency investment scams. “Social media is a tool for scammers in investment scams, particularly those involving bogus cryptocurrency investments — an area that has seen a massive surge in reports,” said the FTC. Federal Trade Commission Warns of Crypto Scams Utilizing
Cryptocurrencies had a volatile week after Bitcoin’s (BTC) sudden crash to $33,000 on Jan. 24. However, the sharp 9% drop fully recovered within 8 hours after BTC price regained the $36,000 support. On Jan. 26, Bitcoin rallied to $38,960 but it could not sustain the level and corrected by 8.8% in the following 8 hours.
Municipals ended the month in the red but yields rose only a basis point or two on most triple-A scales on Monday while U.S. Treasuries were also softer and equities rallied hard. Triple-A benchmark yields rose slightly as did UST, keeping muni to UST ratios in a higher range. The municipal to UST ratio five-year
Web3 — or Web 3.0 as crypto boomers like to call it — is a topical buzzword with only a very vague definition. Everyone agrees it has something to do with a blockchain-based evolution of the internet but, beyond that, what is it really? Yet, the conversation surrounding the meaning and prospects for Web3 has
Kevin Matras shows how to use the Current Ratio as a financial health barometer. Highlighted stocks include BLK, CBT, FIRE, ISRG and VRX.
In this article HOOD Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Robinhood clawed back its major losses on Friday as investors looked past disappointing guidance from the company and rallied around progress on new product developments. Shares of
Take a look at some of the biggest movers in the premarket: Citrix Systems (CTXS) – Citrix is near a deal to be taken private for roughly $13 billion, according to multiple media reports. The deal would see the cloud computing company acquired by Vista Equity Partners and an affiliate of Elliott Management for $104
The 2022 Kitchen & Bath Industry Show will return to Orlando on February 8, after going virtual last year. Given the links between home and health spotlighted by the pandemic – especially for these two crucial living spaces – wellness design will be a hot topic in its 450 exhibitor booths, educational programs and the
Next to Netflix, home renovation may have been the biggest stay-at-home play of the pandemic. From new home offices to expanded decks to basement gyms, homeowners have been upgrading and expanding their spaces at record rates for the past two years. That trend appears to be slowing down. After big projected jumps in the first
AllianceBernstein has partnered with Vestmark, Inc., to provide a digital separately managed account platform that allows registered investment advisors to create more bespoke muni portfolios within a matter of days. The Custom Municipal SMA Solutions platform combines AllianceBernstein’s fixed-income trading tool, AbbieOptimizer, with Vestmark’s ability to access timely and accurate fixed-income tax-lot data from custodians
The Puerto Rico Oversight Board has discussed completing the Puerto Rico Electric Power Authority restructuring without a local law supporting it, since members of a Senate panel appear opposed to such legislation. The board reached preliminary terms with the bondholders on a Restructuring Support Agreement in spring 2019. As currently proposed, the Puerto Rico Senate
In the world of digital finance, where the weapon of choice for a heist is a computer rather than a semi-automatic firearm, tracking down scams and frauds from across the world becomes a near-impossible feat for centralized police forces. However, in an interview with Cointelegraph, an anonymous cyber vigilante shares insights into how he went
In this article SHOP-CA FB UBER HUBS NOW People wear protective masks in front of Uber Technologies Inc. headquarters in San Francisco, California, U.S., on Wednesday, June 9, 2021. David Paul Morris | Bloomberg | Getty Images The latest bout of market volatility has been nothing short of stomach-churning for short-term investors. Indeed, a sell-off
Logo on an Apple store is seen in Arlington, Virginia, January 27, 2022. Joshua Roberts | Reuters Check out the companies making headlines in midday trading. Apple — Shares of the tech giant jumped more than 5% following a strong quarterly report that showed its largest single quarter in terms of revenue ever. Apple beat analyst estimates
San Miguel de Allende’s vibrant culture and colonial architecture continue to attract retirees from the United States. Recently, however, more young families have chosen to call the charming city home in 2022. San Miguel de Allende is located about a three-hour drive from Mexico City at 6,135 feet above sea level in the state of Guanajuato.
President Joe Biden Friday visited the site of a major Pittsburgh bridge that collapsed just hours before he was scheduled to visit the city to highlight his infrastructure spending plan. Looking at the 450-foot collapsed span, Biden pledged the White House would “fix them all,” referring to thousands of bridges needing investment nationally. “We’re sending
Transaction costs are calculated based on the transaction’s data volume and network congestion. As a block can only hold 4 MB of data, the number of transactions that can be executed in one block is limited. Therefore, more block data is required for a larger transaction. As a result, more significant transactions are usually charged