A Japanese flag flies atop the Bank of Japan (BOJ) headquarters in Tokyo, Japan Yuriko Nakao | Bloomberg | Getty Images Japan surpassed China as the largest foreign holder of U.S. Treasury securities in June. Japan has added about $21 billion since May, making its holdings the largest since October, 2016. Japan now holds $1.12
Month: August 2019
When it comes to trading in cryptocurrencies, it is always far more effective if one can trade on a large exchange. Large exchanges offer a lot of options with regards to the range of cryptocurrencies, liquidity, and other services. Over the course of the crypto boom that started a few years ago, some exchanges have
The Takeaway: QuadrigaCX’s former users are running out of patience with Miller Thomson and EY, the court-appointed companies tasked with recovering their missing funds. The users want more transparency into EY’s investigation of Quadriga’s missing funds, as well as a better understanding of how the audit firm accidentally lost 103 bitcoin earlier this year. Some
For $10.5 million, an aviation enthusiast can own a 7,550-foot runway, seven aircraft hangars, a mansion and private aviation residence community near Ocala, Florida. SVN Florida Picture a residential development in Florida. Now picture it with an aircraft runway capable of accommodating aircraft as large as a Boeing 747. That can only be Jumbolair, an
General Electric bounced back Friday after the CEO shored up confidence by purchasing a bulk of company shares, and analysts defended the industrial giant. GE’s stock was up more than 6% on Friday morning following its biggest drop since April 2008 a day earlier. GE shares had tanked 11% on Thursday. The stock began its
After a wild and crazy week that saw the yield curve invert for the first time in 12 years, recession talk and set record lows for muni yields — there was a much calmer tone on Friday to close out the week. There is an estimated $6.35 billion of deals on tap, with $5.08 billion
Check out the companies making headlines before the bell: Deere – The heavy equipment maker reported adjusted quarterly profit of $2.71 per share, missing the consensus estimate of $2.85 a share. Revenue also missed forecasts, with the company saying some farmers are postponing purchases because of uncertainties regarding the export market. Applied Materials – Applied
The cryptocurrency industry may still be going strong, but that doesn’t mean it hasn’t had its share of problems. Nor does it mean everyone is a fan of virtual currencies. The IRS certainly isn’t, and crypto investors have learned that the hard way the past two months. Here’s what we know. IRS has Words for
The dedicated U.S. arm of cryptocurrency exchange Binance will go live by November, according to Binance’s CEO. Changpeng “CZ” Zhao told Cheddar in an interview on Wednesday that, while the situation is still “in flux,” he expects the new platform would go live in “a month or two.” Due to uncertainties over the U.S. regulatory situation, Binance
The living room of North Lake Tahoe’s “Elevation,” with panoramic lake views. Photo-tecture As the Tahoe luxury real estate market remains red hot, it’s always nice to find a relative bargain at the top. “Elevation 6229” is a unique elevated lakefront home in Tahoe Vista with an intriguingly creative design aesthetic, both inside and out
Mortgage rates have been falling sharply over the last three months, which should be a major positive for the housing market, but so far reaction has been muted in both home sales and new home construction. The CEO of a major U.S. homebuilder says it’s all about confidence. “I’ve always maintained over the years that
The allegations by Madoff whistleblower Harry Markopolos of a $38 billion fraud at General Electric are “at best disingenuous” and “at worst highly inaccurate,” according to Nick Heymann, co-group head of global industrial infrastructure at the William Blair financial services firm. “You got the stock on sale yesterday for absolutely no basis. This is why
The first half of the year saw Bitcoin go on an incredible rally as the cryptocurrency ended up at higher levels at the end of each month and eventually threatened to replicate the bull run from 2017. However, the month of July brought its fair share of turbulence into the market, and it has been
View Bitcoin’s repeated defense of the 100-day moving average signals seller exhaustion, but a break above $10,445 – the high of Thursday’s hammer candle – is needed to confirm a bull revival. A high-volume move above $10,445 would open the doors to re-test of $11,120. BTC may have a tough time scaling $10,445, as the
SPRINGFIELD, Ill. — The fate of the lawsuit seeking to block repayment of $14.3 billion of Illinois general obligation debt is in a judge’s hands. Sangamon County Circuit Court Judge Jack D. Davis II heard oral arguments in his Springfield courtroom Thursday about the case that opponents say is “frivolous” and filed for “a malicious
Esther George, John Williams and Jerome Powell, at Jackson Hole, Wyoming, August 24, 2018. David A. Grogan | CNBC If the markets get their way, Fed Chairman Jerome Powell will use the Fed’s Jackson Hole symposium to clarify whether the Fed is at the beginning of a serious rate cutting cycle — or just intending
Bakkt, the long-awaited crypto services platform from the Intercontinental Exchange, is finally set for launch on September 23. Despite being officially announced in August 2018, the platform only received a trust charter from New York State Department of Financial Services this week, which clears the way for the company to begin offering its highly-anticipated physically-settled Bitcoin futures contracts. Bakkt
Crypto exchange Coinbase disclosed a potential vulnerability Friday, announcing that a tiny fraction of its customers’ passwords were stored in plain text on an internal server log. However, the information was not improperly accessed by outside parties, the exchange said. In a post-mortem shared with CoinDesk, Coinbase outlined “a password storage issue,” impacting less than
The Long Island City skyline from across the East River on September 19, 2017. (Photo by LUDOVIC MARIN / AFP) (LUDOVIC MARIN/AFP/Getty Images) AFP/Getty Images If Long Island City, N.Y. needed Amazon, you wouldn’t know it from continued robust development, sales and leasing momentum just across the East River from Midtown Manhattan. For many years
Getty Images These people smelled a rat — and saw a bunch of them too — in Baltimore County, Maryland, apartments owned by the family of President Donald Trump‘s son-in-law. Weeks after Trump ignited a firestorm of controversy and accusations of racism by calling the Baltimore-area district of Rep. Elijah Cummings “a disgusting, rat and
President Donald Trump held a conference call with the CEOs of the three biggest U.S. banks as the stock market plunged Wednesday. Trump held the call with J.P. Morgan Chase CEO Jamie Dimon, Bank of America‘s Brian Moynihan and Citigroup‘s Michael Corbat, according to people with knowledge of the situation. The Dow plunged 800 points, or 3%, in
It is quite clear that the global economy is currently in the doldrums due to a wide range of factors, and investors all over the world are currently at crossroads with regards to finding the best ways to protect their capital. When such a thing happens, then investors look for assets that could either protect
The Louisiana State Bond Commission approved a nearly $1 billion financing plan Thursday, a portion of which will be used to renovate and modernize the Mercedes-Benz Superdome, the home of the National Football League’s New Orleans Saints. While the 44-year-old Superdome needs upgrades due to its age, the improvements are also being used as a
Jen-Hsun Huang, CEO, Nvidia David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Nvidia jumped as much as 7% after the chipmaker announced better-than-expected second-quarter earnings. The company reported adjusted earnings per share of $1.24 on revenue of $2.58 billion. Analysts had expected earnings per share
Considering the recent rise in the price value of cryptocurrency, it’s no surprise that the rate of crypto-maniacs yearning to cut their own piece of cake via trading has also increased. While this idea of ‘crypto trading’ looks lucrative and profitable, keep in mind that there are dozens of scammers masquerading their identity as “trusted
Bitcoin has dipped beneath the 100-day moving average, potentially opening the doors to support near $8,500 if the bulls can’t keep prices above the MA. Total weekly volume for the bears is lower than expected, offering a small hope for a bullish rebound. Price would need a firm close above the 100-day MA in hopes
Plastic palm trees and doo-wop styling create the character of the Starlux Hotel Morey Family Archives If you love graphic turquoise wallpaper, kidney-shaped coffee tables, lava lamps and plastic palm trees, then you must spend at least one night at the Starlux. Part of the Morey’s Piers complex, which is celebrating its 50thanniversary, the boutique
A builder uses a saw as he works on the roof joists of a new residential home. Chris Ratcliffe | Bloomberg | Getty Images The nation’s homebuilders are feeling better about their business, as falling mortgage rates help more buyers afford homes. They are still not, however, building enough homes to meet demand. That has
Pedestrians pass in front of the New York Stock Exchange, May 24, 2019. Michael Nagle | Bloomberg | Getty Images Volatility is back on Wall Street. The average daily point range of the Dow Jones Industrial Average so far this month is about 482 points, which is more than double the average daily range from
Bitcoin (BTC) had an outstanding run during the first half of the year as it climbed to new highs at the end of each month, but the month of July and August have not been as kind to the world’s biggest cryptocurrency. A lot has gone on over the past month and a half that
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- 6
- …
- 8
- Next Page »