Month: July 2019

A property listed by TurnKey Vacation Rentals TurnKey Vacation Rentals TurnKey Vacation Rentals announced Tuesday that it had secured $48 million in new funding, bringing the company’s total raised to $100 million since its inception in 2013. The Austin-based company, which specializes in property management technology and luxury vacation rentals, obtained its largest funding round
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A court ruling against Philadelphia requiring a nearly $50 million payment to major commercial property owners threatens recent strides attained by the city’s cash-strapped school district. Common Pleas Court Judge Gene Cohen ruled in favor of some large commercial property owners who had argued that their 2018 tax assessments were unfairly spiked. The decision orders
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It’s been a long road for Bitcoin futures platform Bakkt. The platform—developed by NYSE parent company Intercontinental Exchange (NYSE:ICE)—has faced a myriad of launch delays due to regulatory approval. It’s still waiting now, but in the meantime, it has begun testing its Bitcoin futures contracts today. Here’s what we know. Bakkt is Testing Bitcoin Futures
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Millennials are facing unique hurdles in homebuying, but the generation may have the right mindset for what it means to be a homeowner, Home Depot Chief Financial Officer Carol Tomé told CNBC Monday. Thirty-three-year-olds made up the largest group of first-time homebuyers in 2018, and they’re buying with investing in mind, she said. “They’ve told
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The Municipal Securities Rulemaking Board found only a muted market impact to date from May 2018 rule requiring dealers to disclose their compensation for retail customer transactions, commonly known as markup and markdown. But the analysis released Friday, Mark-up Disclosure and Trading in the Municipal Bond Market, also pointed out that previous research on similar
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Updated (09:35 UTC): Added further details from Bloomberg’s full report. Seychelles-based cryptocurrency exchange BitMEX is reportedly being probed by the U.S. Commodity Futures Trading Commission (CFTC). The news appeared in brief on Bloomberg Terminal soon before press time on Friday. That was soon followed by a report from Bloomberg citing sources who said the regulator is investigating whether
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