People shop in an Apple retail store in Grand Central Terminal, January 29, 2019 in New York City. Drew Angerer | Getty Images Check out the companies making headlines in midday trading: Apple— Shares of Apple fell more than 2% after receiving a downgrade from Wall Street on Monday. Rosenblatt Securities cut the stock to
Month: July 2019
Back in 2017 when the crypto sphere was in the middle of one of the biggest bull runs ever seen, Monero (XMR) had emerged as one of the more interesting coins, and the price surged significantly at the time. However, over time, the coin lost its shine somewhat as more and more exchanges got suspicious
IDG-backed cryptocurrency exchange KuCoin has just launched a platform offering crypto derivatives trading. Announced Monday, the KuMEX trading venue is now live in public beta and will offer initially a bitcoin perpetual contract (XBTUSDM), quoted in U.S. dollars, with up to 20x leverage. Aimed to make pricing “more fair and rigorous,” KuCoin said, KuMEX uses a bitcoin spot
Generational Breakdown 2019 National Association of Realtors, 2019 In surveys taken ten years ago, Millennials used to say that they would never want to live in the suburbs, and they initially showed little interest in getting married and starting families. Following the housing crash, millions of them moved in with their parents, further slowing household formations.
A woman walks next to a “For Rent” sign at an apartment complex in Palo Alto, California. Paul Sakuma | AP In the D.C. suburb of Chevy Chase, MD, a massive apartment rental and condominium complex is going up, and apparently it can’t happen fast enough. Demand for rental apartments in and near cities across
Big players on the Wall Street have termed Deutsche Bank’s major restructuring drive as “very deep,” “radical” as well as “challenging.” Deutsche Bank announced Sunday that it will pull out of its global equities sales and trading operations, scale back its investment banking and slash thousands of jobs as part of a sweeping restructuring plan
Florida Gov. Ron DeSantis signed a bill dissolving the Miami-Dade County Expressway Authority, despite analysts’ warnings that another wave of rating downgrades could result. The warning was realized Friday, when Moody’s Investors Service downgraded to A3 from A2 the authority’s debt, saying that the action was taken in response to House Bill 385 being signed.
Check out the companies making headlines in the premarket Friday: Amazon — A U.K. regulator is looking into the e-commerce giant’s investment in food-delivery start-up Deliveroo. The Competition and Markets Authority said Friday it has “reasonable grounds” for suspecting the two companies could “cease to be distinct. ” This would give the regulator the authority
Litecoin (LTC) continues to outperform other cryptocurrencies ahead of the much-awaited halving of its blockchain. Over the last seven days, the altcoin has averaged 5% in returns compared to just 1% for Bitcoin (BTC). Other cryptocurrencies continue to post mixed fortunes after a meteoric rise in the first half of the year. LTC Halving The
The price of the popular dogecoin cryptocurrency is surging after the announcement that it will soon be listed on the Binance exchange. Binance said in a support notice that trading will open for dogecoin (DOGE) at midday Friday. The exchange will at launch offer trading pairs for DOGE against Binance coin (BNB) and bitcoin (BTC), as well as
This porcelain stone looks beautiful throughout the kitchen and dining area. This stone was provided by Architectural Ceramics. Ruscoe@Taverne-Agency.com A great flooring solution for the home, inside or out is porcelain tiles – not the boring tiles of yesteryear. These new high definition porcelain tiles are made to look like many different materials; even close
The logo for the Vanguard Group is shown on correspondence in Zelienople, Pa. Keith Srakocic | AP Vanguard, the non-profit financial giant that single-handedly revolutionized the investment management world, reportedly wants to join the private equity party train. Is this another market that it intends to overhaul by passively managing and micro-pricing index fund offerings
The muni market is ready to pick up where it left off. Municipals have seen robust demand for the entirety of the year thus far and after a little break, it should be back to business as usual. Meanwhile, another deal — a Charleston, South Carolina, water deal — is set to price using the
Kai Pfaffenbach | Reuters Check out the companies making headlines midday: Chipmakers— Shares of chipmakers fell broadly, including Micron falling more than 1% and Qualcomm dropping less than 1%, after Samsung said its second-quarter profit would likely be down 56% from a year ago. The world’s largest smartphone maker and supplier of memory chips cited
Dogecoin is surging today, up 37% in earlier trade, on the news that Binance—the world’s leading cryptocurrency exchange—has listed it. Dogecoin is one of the most popular digital currencies out there and currently trades at $0.003769 USD per coin. Now, some are speculating if this momentum will help to drive an oncoming altcoin season. Dogecoin is
Financial institutions have begun to enter crypto with a quickening pace, setting the tone for the remainder of 2019 and 2020. What makes these years different from ones prior is the speed of professionalization taking place in the markets, according to our sources. Oliver von Landsberg-Sadie, CEO of BCB – a financial services group with
If you recently moved from your home and leased it out, or inherited a rental property, you’re in one of the largest demographics of real estate investors: accidental landlords. When it comes to leasing, the learning curve is a harsh one. I kept my first home as a rental property after I moved out and
The outlook for Chinese stocks may be risky given the uncertain state of U.S.-China trade relations. But Lewis Kaufman, a portfolio manager at Artisan Partners, thinks investors should buy them anyway. “Regardless of what ultimately happens with the China trade tensions, there is a robustness to China that doesn’t exist anywhere else in the emerging
Bitcoin (BTC) has been on a tearing run for much of 2019 after making a remarkable turnaround from its low of last year. However, the past few days have not been particularly great for the cryptocurrency as the price fluctuated quite wildly at the start of the week. Although Bitcoin did recover, the price slumped
The fate of two Ohio nuclear reactors operated by bankrupt FirstEnergy Solutions hangs in the balance as lawmakers continue to weigh the costs of a bailout plan. If passed the legislation would create upside for holders of roughly $2 billion of debt issued by FirstEnergy because it would enhance and assure what can be paid
Federal Reserve Chair Jerome Powell has the opportunity to reinforce market expectations for a late July rate cut or rein them in when he speaks to Congress in the week ahead. Powell testifies before the House Financial Services Committee Wednesday and at the Senate Banking Committee Thursday, and is expected to answer questions on the
The cryptocurrency market has possibly been one of the most innovative things to have emerged over the past decade or so, and during the course of that period, it has taken the world by storm. However, as everyone knows, ecosystems evolve, and that is what has been happening with regards to the cryptocurrency ecosystem as
View BTC has fallen more than $1,000 in the last 24 hours, establishing a bearish lower high at $12,061. A high-volume break above $12,061 is thus needed to revive the bullish view put forward by a bearish channel breakout seen in the 4-hour chart earlier this week. That would open the doors to $13,880. A
Investing in a building requires the investor to do a little digging and to pay attention to the details. Older buildings can be potential treasure troves, but people need to look over the property critically, as not all old buildings are worth the investment of time, energy or funds. To find out more about what to watch
Reed Hastings attends Reed Hastings panel during Netflix ‘See What’s Next’ event at Villa Miani on April 18, 2018 in Rome, Italy. Getty Images With the coming loss of the most popular show on its platform, Netflix needs to show Wall Street it has a content pipeline to keep growing subscribers and satisfy current ones.
View Bitcoin could rise above $12,000 with the daily chart reporting a bullish reversal. A high-volume bullish breakout on the hourly chart indicates scope for a rise to the bearish lower high at $12,448. BTC could yet post losses today, however, if prices find acceptance below key support at $11,385. Bitcoin (BTC) looks set to
Ohio-based Fairfield Medical Center’s fiscal woes tied to a new billing and collection system may push its credit rating on $90 million of outstanding hospital revenue bonds into junk and could trigger a breach of debt-service covenants. Moody’s Investors Service on Tuesday placed the hospital’s Baa3 rating on review for a downgrade. The rating agency
Drew Angerer | Getty Images News | Getty Images Check out the companies making headlines in the premarket Wednesday: Tesla — Tesla shares surged more than 7% in the premarket after the company reported record delivery and production numbers. The auto maker said it delivered 95,200 vehicles in the second quarter and produced just over
Over the past year or so, TRON (TRX) has grown into one of the most promising cryptocurrencies in the world, and experts believe that it has not yet reached its full potential. In addition to that, the fact that TRON separated from Ethereum completely has also been regarded as a monumental step in the development
With the supply of new coins to be halved in less than five weeks, litecoin is outpacing its peers. The fourth-largest cryptocurrency by market capitalization is currently trading at $123, representing 5 percent gains on a seven-day basis, according to data source CoinMarketCap. Meanwhile, bitcoin, the top cryptocurrency by market value, is currently reporting a meager