Municipals were weaker Tuesday amid an active secondary and primary, underperforming a rally in U.S. Treasuries after the consumer price index came in at the highest level since 1981. Equities ended in the red. Triple-A muni yields rose two to four basis points while UST yields fell 10 to 12 on bonds seven years and
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, March 30, 2022. Brendan McDermid | Reuters For stock investors pondering how to ride out the worst bout of inflation in four decades, don’t worry and stay the course, according to Nick Maggiulli, chief operating officer at Ritholtz Wealth
A person wearing a protective mask enters a Chipotle restaurant in San Francisco, California, U.S., on Monday, April 19, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. CarMax — CarMax shares dipped more than 8% after reporting a beat on revenue but a miss on
Ether (ETH) lost the critical $3,000 psychological support level on April 11 after a 16% weekly negative performance. Bulls were definitively caught by surprise as $104 million in leveraged long futures got liquidated on April 11. Ether’s downturn also followed a decline in the total value locked (TVL) in Ethereum smart contracts. The metric peaked
Creating art with tile is not a new phenomenon. Archaeological excavations have uncovered magnificent artworks on floors and walls dating back millennia. It’s likely that beautiful paintings were created at the same time on parchment and other more delicate media, but the durability, hardness and weather resistance of ceramic tile ensured its long term survival.
Image Source | Getty Images Inflation is quickly raising prices for households in core areas of their monthly budgets — energy, food and housing. That’s making it hard for consumers to avoid a financial hit, even as wages are also rising at their fastest clip in years. But there are levers Americans can pull —
During the first quarter of 2022, Bitcoin’s hashrate averaged between 180 to 200 exahash per second (EH/s) and during the course of that time, 13,233 block rewards were found by 16 mining pools. According to three-month statistics, Foundry USA was the network’s top mining pool in terms of hashrate percentage, as the bitcoin mining operation
Zacks has 2 excellent stock rating systems. What’s the difference between them? And which one is right for you? Learn the answer in this video commentary.
This video explores two general approaches to trading support and resistance, and then breaks each approach down into two different methods. We demonstrate all four methods with the use of clear examples, including an eye on risk management and a discussion of some of the advantages and disadvantages inherent to each way of trading. Test
A bill to restore fiscal independence to Puerto Rico on an expedited pace was introduced in the House and stands a good chance of passing, analysts said. The Territorial Relief Under Sustainable Transitions for Puerto Rico of 2022 bill would eliminate the Congressionally mandated Financial Oversight Board when Puerto Rico provides two consecutive balanced budgets
Ukraine’s finance minister has made an appeal for immediate financial support of tens of billions of dollars to plug a gaping fiscal deficit caused by the Russian invasion. Government spending exceeded revenues by about $2.7bn in March and Ukraine expects the gap to expand to $5bn-$7bn a month in April and May because of the
Protocols in the Cosmos ecosystem have seen a significant amount of growth in 2022 due to the intensifying focus on blockchain interoperability and compatibility with the Ethereum network. One protocol that has seen a buildup in momentum since the middle of March is Kava, a project that is developing a co-chain architecture for the Cosmos
Triple-A benchmarks were cut up to nine basis points to start the holiday-shortened week ahead of a smaller new-issue calendar, while long U.S. Treasuries hit three-year highs and equities sold off on inflation concerns. Triple-A yields continue to rise, with the two-year muni just below 2%, the five well above and the 10-year approaching 2.5%.
In this article SHOP-CA The logo of Shopify is seen outside its headquarters in Ottawa, Ontario, Canada, September 28, 2018. Chris Wattie | Reuters Ecommerce start-up Shopify said Monday it is planning a 10-for-1 stock split, while seeking shareholder approval for a “founder share” for its CEO Tobi Lutke to increase his voting power. Upon
Catherine Wood, chief executive officer of ARK Investment Management LLC, applauds during the Bitcoin 2022 conference in Miami, Florida, on Thursday, April 7, 2022. Eva Marie Uzcategui | Bloomberg | Getty Images Exchange, the biggest ETF conference in the world, starts Monday in Miami Beach. It’s both good times, and difficult times for the exchange-traded fund
A customer selects food from a freezer at a supermarket on January 12, 2022 in New York City. Liao Pan | China News Service | Getty Images Consumer price inflation in March is expected to have risen the most since December 1981, driven by higher food costs, rising rents and runaway energy prices. The consumer
Rolling Hills is a bucolic luxury community set behind gates on the Palos Verdes Peninsula, about 26 miles from downtown Los Angeles. Known for equestrian estates and a rural atmosphere, the city has various microclimates that are ideal for growing grapes. Villa Oneiro, Greek for “house of dreams,” was created by shopping center developer and
Anchiy | E+ | Getty Images Many individual investors often look at public markets like they are the only game in town to make money and meet their financial goals. But with lofty valuations of public companies and depressed bond yields, the traditional 60/40 stock-to-bond portfolio has been thrown to the wayside, so the next
On-chain shows Bitcoin miner outflows have been elevated recently, suggesting miners were involved in the recent selloff that took the price of the crypto below $42k. Bitcoin Miner Outflows Spiked Up Before The Crash Below $42k As pointed out by an analyst in a CryptoQuant post, BTC miners seem to have been one of the
Milwaukee-based attorney Frank DeGuire returned to his legal roots this week at Quarles & Brady LLP to work in the public finance and business law practices. DeGuire will serve as bond counsel for a range of tax-exempt and taxable financings for the state and local governments, non-profit corporations including conduit and qualified private activity bond