Month: July 2019

As the month of July winds down, municipal issuance will be muffled thanks to the Federal Reserve’s monetary policy meeting and subsequent announcement on interest rates. And while it’s normal for issuers to purposely schedule deals around the Fed, expected issuance next week is certainly respectable. There is an estimated $4.9 billion of new issuance
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While post offices sometimes offer banking services, Croatian Post is looking at launching a nationwide cryptocurrency exchange service. For a pilot effort, Croatian Post, or Hrvatska Pošta, is now offering crypto-to-fiat exchanges in three post offices in the coastal town of Zadar – a place popular with tourists. Hrvatska Pošta said Thursday that the trial run
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An aerial shot of Brickell Key, with downtown cityscape. Getty Here’s where the best national deals for Q3 are according to Knock.com’s National Deal Forecast. To predict where the best potential discounts are, Knock uses “machine learning-driven algorithms” valuing customer’s homes to current listings in 45 of the country’s largest MSA’s (Metropolitan Statistical Area). “The
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Bitcoin (BTC) may have been on a superb run for much of 2019, but in July, the cryptocurrency has run into trouble as a range of factors contributes towards wild price fluctuations. The launch of Facebook’s Libra and the skepticism expressed about it by such powerful figures like the head of the Federal Reserve, Jerome
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Puerto Rico’s political upheaval has already hurt the economy and a disorderly transfer of power may lead to near-term delays in the territory’s historic debt restructuring. Gov. Ricardo Rosselló said late Wednesday he would resign effective Aug. 2, leaving the future of the government in flux. His resignation came after a series of corruption arrests,
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Bridgeview, Illinois’ deal to free Major League Soccer’s Chicago Fire from playing at the suburb’s bond-financed SeatGeek Stadium provides near-term fiscal stability but a burdensome debt load still weighs heavily on its balance sheet, S&P Global Ratings said. S&P Global Ratings resolved its CreditWatch on Bridgeview’s general obligation bond rating by affirming it at the
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Employees have lunch at the canteen at Facebook’s new headquarters, designed by Canadian-born American architect Frank Gehry, at Rathbone Place in central London on December 4, 2017. DANIEL LEAL-OLIVAS | AFP | Getty Images Check out the companies making headlines after the bell: Shares of Facebook jumped 3.5% in after-hours trading, before falling into the
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A new Bitcoin survey asking US citizens about Facebook’s (NASDAQ:FB) new Libra stablecoin has yielded some surprising results. When compared to leading cryptocurrencies, only 2% felt they would trust Libra more than Bitcoin. The results may surprise traders and also raise questions about Facebook’s newest endeavor. Bitcoin Survey A poll of 1,799 US adults was carried out
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Initial Public Offering Getty The number of REIT initial public offerings, or IPOs, has certainly fallen from the good old days. In 2013, for instance, there were 19 of them in all. In 2017, however, there were nine REIT IPOs that, together, raised around $2.9 billion in gross proceeds. For 2018, that number dropped down
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A realtor, at right, shows prospective buyers a property in Newport Beach, California. Jamie Rector | Bloomberg | Getty Images After rising the previous week, interest rates fell back again last week, but consumers were not enthused. Overall mortgage application volume fell 1.9% for the week, according to the Mortgage Bankers Association’s seasonally adjusted index.
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Facebook CEO Mark Zuckerberg speaks at the company’s 2017 F8 developer conference in San Jose, Calif. Source: Facebook Facebook continues to generate a variety of negative headlines including privacy issues, potential regulation, and controversy over its recently announced Libra currency. On Wednesday morning, Facebook also finally announced its long awaited $5 billion settlement with the
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After several weeks of speculation, the Economic Commission of Iran has finally approved cryptocurrency mining as an industry in the country. On July 22 the Chamber of Commerce, Industries, Mines and Agriculture made an announcement approving crypto mining. The Commission indicated that the Iranian government was seeking ways of regulating the mechanism of crypto mining
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