Bitcoin’s price has refreshed 17-month highs in the U.S. trading hours with a move above $13,000. CoinDesk’s Bitcoin Price Index is currently trading at 13,020, the highest level seen since mid-January 2018, having surpassed the Asian session high of $12,919 at roughly 17:30 UTC. With the rise above $13,000, bitcoin has taken the cumulative month-to-date gains
Month: June 2019
FAANG stocks displayed at the Nasdaq. Adam Jeffery | CNBC We’re nearing the end of the second quarter, with the S&P 500 notching a gain of nearly 3% this quarter and 16% for the first half. But the gains are not evenly distributed. A few of the the largest stocks by market capitalization are leading
Check out the companies making headlines before the bell: General Mills – The food producer beat estimates by 6 cents a share, with adjusted quarterly profit of 83 cents per share. Revenue was below Wall Street forecasts, however, hurt by lower snack demand in the North American market. BlackBerry – The communications software company earned
VANCOUVER, British Columbia, June 26, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B)(OTC:LLNKF), a leader in digital logistics and payment solutions, is pleased to provide an update on a strategic commercial relationship (dated May 5, 2019) between its wholly owned subsidiary uBUCK Technologies SEZC (“uBUCK”) and Datable Technology Corp. (TSXV:DAC) (OTC:TTMZF) (“Datable”). Under the
More and more Zip codes in Western and Southwestern cities are starting to attract Baby Boomers. Getty Images Baby Boomers are on the move, and it’s not just to the warmer Southern states. While the South continues to appeal to this age group, Boomers also are moving westward, notably to cities like Las Vegas and
It’s almost as if falling mortgage rates are becoming hum-drum, at least for homebuyers. Total mortgage application volume increased 1.3% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 40% higher than a year ago, largely because lower mortgage rates are strengthening the refinance market. Rates have
Stewart Butterfield (C), co-founder and chief executive officer of Slack, and Allen Shim (2nd L), chief financial officer of Slack, ring the opening bell the New York Stock Exchange (NYSE), June 20, 2019 in New York City. Drew Angerer | Getty Images Here are the biggest calls on Wall Street on Wednesday: Baird initiated Slack
You are a prudent investor. You are concerned about central-bank shenanigans, the trade war and the momo (momentum) crowd running up technology stocks. If you could buy only one ETF for these times, this high-performing, low-volatility ETF is it. Let’s explore with the help of a chart. Please click here for an annotated chart of
On a rainy day in New York City, municipal buyers saw a steady stream of deals flow into the market on Tuesday, led by water offerings from New York City and Ohio. Primary marketRaymond James & Associates priced the New York City Municipal Water Finance Authority’s (Aa1/AA+/AA+) $461.31 million of Fiscal 2020 Series AA water
View Bitcoin jumped to fresh 15-month highs near $11,430 on Bitstamp earlier today, invalidating a bearish divergence on the 4-hour chart. With a key indicator reporting the strongest buying pressure in over two months, prices appear on track to test resistances lined up at $11,688 (March 2018 high) and $11,780 (February 2018 high). Repeated failure to
Check out the companies making headlines before the bell: Berkshire Hathaway – Berkshire Chairman and CEO Warren Buffett told CNBC there is no truth to reports of tensions with 3G Capital, its ownership partner at Kraft Heinz. The reports were centered around the underperformance and accounting problems at the food producer. Allergan – AbbVie announced
Malta has welcomed cryptocurrency with open arms for the last two years—so much so, that several major crypto-related operations have set up shop there. In a bid to become the world’s greatest blockchain island, the company has brought major Asian exchanges Binance and OKEx, as well as Indian exchange Zebpay to its shores. Now, the
Professional investors will be good for everyday homebuyers. Getty Investors are buying single family homes at record percentages according to a an analysis by CoreLogic®, a property data and analytics company. These all-cash buyers may be crowding out traditional homebuyers, who usually make offers subject to financing and sometimes subject to sale of their current
Homebuyers pulled away from the builders in May, even as affordability improved thanks to lower mortgage rates. Sales of newly built homes fell 7.8% month-to-month and were 3.7% lower compared with May 2018, according to the U.S. Census. This number represents signed contracts, not closings, so it is a very recent indicator of buyers out
Berkshire Hathaway Chairman and CEO Warren Buffett is shooting down reports of tensions between him and 3G Capital, the company’s partner in Kraft Heinz. Responding to the reports, Buffett said 3G co-founder Jorge Paulo Lemann is “a good friend,” adding that Lemann attended the Berkshire Hathaway annual meeting in Omaha last month with several family
Since the beginning of 2019, Bitcoin price has been on the rise, gaining over 170%. On Monday, BTC price surged past the $11,000 mark, a new high since March 5, 2018. Demand for the coin has been reinvigorated by Facebook’s move to have its own digital currency. Bitcoin Price Up 13% from Friday to Over
Citi is losing another top-tier employee to retirement, as Ward Marsh announced his intentions to call it quits after 45 years of service, effective at a later date this summer. The current Chairman of Global Spread Products, which includes Munis, Securitized Products and Credit. Marsh got started at the firm’s predecessor company Smith Barney in
View Bitcoin’s 165 percent gain so far this quarter is the best second quarter performance on record and the highest quarterly percentage gain since the end of 2017. The stellar gains have bolstered the long-term bullish technical setup. While the relative strength index is reporting overbought conditions, there are no signs of bullish exhaustion on
Video slot machines at Caesars Palace in Las Vegas, Nevada. George Rose | Getty Images Check out the companies making headlines before the bell: Caesars Entertainment — The casino operator’s stock surged more than 16% in the premarket after Caesars agreed to be bought out by Eldorado Resorts for $17.3 billion in cash and stock,
VANCOUVER, British Columbia, June 24, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(FRA:C0B)(OTC:LLNKF), a key player in logistics platforms and payment solutions, is pleased to announce that its wholly-owned subsidiary uBUCK Technologies SEZC (“uBUCK”) has signed a strategic alliance with Spare CS, Inc. (“SPARE”) to bring virtual ATM capabilities to uBUCK customers. SPARE is
Coin stack step up graph with red arrow and percent icon, Risk management business financial and managing investment percentage interest rates concept Getty One of the biggest concerns that soon-to-be-homeowners have when it comes to applying for a loan is the interest rate that they’ll be given. In all honesty, most of that depends on
Los Angeles Unified School District, the second largest in the nation, sustained a rating cut after its parcel tax measure failed to win voter approval earlier this month. Moody’s Investors Service on Thursday lowered the district’s general obligation bond one level to Aa3. The downgrade affects $10.2 billion in outstanding debt. The Measure EE parcel
Cryptocurrency exchange owner Fisco is being forced to improve its business management systems after an investigation by the country’s financial watchdog. According to a release from the Financial Services Agency (FSA), on Feb. 13, the agency visited Fisco – a Japanese investment firm that took over ownership of the hacked Zaif exchange in April –
Gas prices at the pump should rise for east coast drivers, after a massive explosion Friday affected operations at a Philadelphia refining complex responsible for as much as 27% of east coast fuel production But how much prices jump depends on the extent of damage and the length of the outage. For now, analysts are
The cryptocurrency regulation debate is expected to be at the center of the upcoming G20 summit where representatives from various countries will evaluate the new legal action course that has been proposed by the International Financial Action Task Force. The FATF is expected to release the proposals for new international standards governing cryptocurrency business on
Concierges are handling everything from package and grocery delivery to making theater reservations. Getty Apartment and condo dwellers have come to expect services that make their lives easier. But in the luxury market, it’s a whole other game. Millennials looking for a healthy work-life balance are turning the multifamily market on its head. To maintain
A trader works ahead of the closing bell on the floor of the New York Stock Exchange, June 19, 2019 in New York City. Drew Angerer | Getty Images Three weeks ago, we had a few of our worst days relative to the market in many months. How bad is very bad? To put this
Bitcoin’s price soared above $10,000 on cryptocurrency exchanges for the first time in 15 months. At press time, the top cryptocurrency by market capitalization is trading at $$10,080.49 – the highest level since March 8, 2018 – representing month-to-date gains in excess of 13 percent, according to CoinDesk’s Bitcoin Price Index. On a 24-hour basis, BTC
While political debate over Connecticut highway tolling remains at a standstill, Gov. Ned Lamont’s administration warned about federal backlash over a state-of-good-repair backlog. Washington has a bull’s-eye on the state, according to the governor and his transportation secretary, Joseph Giulietti. “The warning light’s on the dashboard,” Lamont said in Hartford at a press conference laced
The price of ethereum’s native cryptocurrency ether (ETH) surpassed $300 today to hit ten-month highs. The world’s second largest cryptocurrency by market capitalization climbed above the psychological hurdle at 01:10 UTC and extended gains further to $306 – a level last seen on August 19, 2018. As of writing, ETH is changing hands at $304,
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