Month: September 2019

Workers install fittings for the facade of a luxury condominium building under construction at 277 5th Avenue, a Lendlease Corp. joint venture with Victor Group, in New York, U.S., on Friday, June 29, 2018. Angus Mordant | Bloomberg | Getty Images Demand for commercial real estate design services plummeted into negative territory in August, after
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CNBC’s Jim Cramer raised concerns Friday about a major part of the U.S. economy. The “Mad Money” host said he’s feeling a new level of “anxiety about industrial” companies. “Small- and medium-sized businesses [are] doing well; big industrial just not doing well.” Smaller companies are faring OK because U.S. consumer activity, which accounts for two-thirds
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A group of multi-colored lifts at United Rentals. GordonChibroski | Portland Press Herald | Getty Images Check out the companies making headlines in midday trading: United Rentals — Shares of United Rentals rose 3% following an upgrade to buy from neutral from Goldman Sachs. The brokerage said U.S. construction equipment supply has peaked and rental rates
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The International Construction and Utility Equipment Exposition Courtesy of the Association of Equipment Manufacturers Big. Thirty acres big. The International Construction and Utility Equipment Exposition is charged up and powered on for October 1 – 3, 2019, at the Kentucky Exposition Center in Louisville. Equipped with test drives and hands-on product demonstrations, the biennial event
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The municipal primary market was somewhat stagnant this past week due to the Federal Open Market Committee meeting but things should revert back how they were before — with most deals getting put away quickly and being oversubscribed. According to Dan Heckman, senior fixed-income strategist at U.S. Bank Wealth Management, the upcoming week will be
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Prominent analyst Tom Lee believes the launch of Bakkt will help build trust towards crypto trading among institutional investors. Lee, a renowned Bitcoin bull and co-founder of the research firm Fundstrat, tweeted his enthusiasm for the long-awaited crypto services platform: “I am very positive on @Bakkt and its ability to improve trust with institutions to crypto.” Bakkt is
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Google CEO Sundar Pichai said the company is willing to subsidize the housing sector in Dublin. (Photo by Justin Sullivan/Getty Images) Getty Images Google is willing to build homes in order to ease Dublin’s housing crisis, the company’s CEO said. Sundar Pichai told The Independent newspaper in Ireland that the technology giant, which employs over
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Significant improvement in Louisiana’s financial position led Moody’s Investors Service to change its outlook to positive from stable, a move that could trigger a rating upgrade within the next two years. Moody’s also confirmed its Aa3 rating on $3.4 billion of outstanding general obligation bonds, while suggesting an upgrade could be in the offing if
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Better regulation is needed around bitcoin markets before they can be traded on major exchanges, the head of the U.S. Securities and Exchange Commission said on Thursday. Speaking at CNBC’s Delivering Alpha conference, SEC Chairman Jay Clayton said investors are “sorely mistaken” if they think bitcoin and other cryptocurrencies undergo the same price discovery practices
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Share to facebook Share to twitter Share to linkedin “The Collages for the Esplanade Apartments” by Chicago-based artist, Assaf Evron. Peter McCullough In conjunction with EXPO CHICAGO and the Chicago Architecture Biennial, Israeli-born, Chicago-based artist Assaf Evron has unveiled The Collages for the Esplanade Apartments, a temporary site-specific work mounted on the facade of an
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(L to R) Afsaneh Mashayekhi Beschloss, Clifton S. Robbins, and Dr. Rajiv Shah during a panel discussion at the 2019 Delivering Alpha conference on Sept. 19. 2019. Adam Jeffery | CNBC Several investors have been wary of incorporating environmental, social and governance standards into their strategies. However, two investors think increased attention to ESG will
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View BTC quickly fell to $9,600 this morning, bolstering the bearish setup on the 4-hour and daily charts. A deeper drop to key support at $9,454 may now be in the offing. A UTC close below $9,450 would confirm a downside break of a three-month-long contracting triangle and expose the 200-day moving average (MA) support
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California Treasurer Fiona Ma announced Wednesday that a state board has approved $300 million in private activity bonds for a high-speed rail line to link Las Vegas with Victorville, California. The debt was approved by the California Debt Limit Allocation Committee, which administers the state’s tax-exempt, private activity bond program. A rendering of an XpressWest
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