The facade of 2-8a Rutland Gate, which is set to sell for a record £200 million, making it the most … [+] expensive home ever sold in the U.K. (AFP PHOTO/Leon Neal via Getty Images) AFP via Getty Images A Chinese property tycoon is set to buy a 45-room mansion in London for a record
Month: January 2020
9 Hours Ago Andy and Nicole Hill bought their dream home just outside of Detroit at the end of 2013. Their initial goal was to pay off their mortgage in five years, but they ended up paying it off over a year faster than they planned. The couple chose mortgage terms that would let more
A ride at Six Flags amusement park in Upper Marlboro, MD. Jonathan Newton | The Washington Post | Getty Images Six Flags received an exceedingly rare double black eye from the same analyst as the stock was downgraded twice in less than a day by Wells Fargo. When the closing bell rang on Thursday, Timothy
Controversial cryptocurrency exchange Bitfinex and its sister stablecoin issuer Tether have had a lawsuit against them withdrawn by two plaintiffs and re-filed with the addition of a new plaintiff. The two companies were accused of creating “the largest bubble in human history” in a lawsuit filed in New York in October, which alleged that Bitfinex
Puerto Rico Employees Retirement System bondholders appealed a district court ruling against them to the First Circuit Court in Boston on Wednesday. On Tuesday U.S. District Court Judge Laura Taylor Swain rejected the bondholders’ motion for her to appoint them as a trustee for ERS. Adobe Stock The First Circuit Court posted a case opening
Bitcoin likely carved out a major price bottom in December, according to a non-price metric, which has proved to be a reliable price indicator in the past. The leading cryptocurrency is currently trading above $7,700, having hit eight-month lows below $6,500 in mid-December. While the bounce is encouraging, the cryptocurrency remains trapped in a six-month-long
After years of discussion it looks like on Monday we’ll see our first high profile, professional athlete linked securitized token offering. Markets Daily is back with the story and what it could mean. No time to listen? scroll down for the complete episode transcript… More ways to Listen or Subscribe: This episode featured a sound
The good news is that stocks are continuing to rally because the market is assuming the magic combination of continuing job growth, a trade truce, a friendly Federal Reserve, and a bottom on declining global growth will produce an expansion of earnings in 2020. The bad news is that stock prices keep going up, but
Bloomberg | Getty Images Take a look at the companies making headlines after the bell. Shares of KB Home fell more than 1.5% in extended trading after the company reported lighter-than-expected revenue for its fourth quarter. The homebuilder posted $1.31 in earnings per share and $1.56 billion in revenue. Analysts expected $1.29 in earnings per
Photo: Getty When we’re our own boss, it’s easy for us to create habits that aren’t beneficial to our business or personal lives. Without someone to tell us what we’re doing wrong, we have to self-reflect and make conscious decisions to break any bad habits so we can be the best versions of ourselves. I
Andy and Nicole Hill bought their dream home just outside of Detroit at the end of 2013. But they felt that being locked into a mortgage for the next 15 to 30 years would limit some of their life goals, so they came to an agreement: They would pay the house off in under five
Consumers and corporate chieftains are heading in the opposite direction, with one group still brimming with good thoughts about the future and the other sure that tougher times are coming. Recent surveys exemplify a trend that began a few years ago and has accelerated over the past several months. The gap between sentiment is broad
Ethereum developer Virgil Griffith has been indicted by a grand jury for conspiracy to violate the International Emergency Economic Powers Act (IEEPA) after speaking at a cryptocurrency conference hosted by the North Korean government last April. Griffith was initially arrested on Thanksgiving at Los Angeles Internation Airport after FBI Special Agent Brandon M. Cavanaugh alleged
A power plant with about 14% of Puerto Rico’s electrical power generating capacity will probably be down for about a year or more, the Puerto Rico Electric Power Authority executive director said. José Ortiz made the prediction about the Costa Sur power plant on Wednesday. PREPA’s Costa Sur plant, pictured, may be out of service
A cybersecurity firm has warned cryptocurrency users to expect more attacks from North Korea, as its hackers develop “enhanced capabilities” to deliver malware through popular messaging app Telegram. Moscow-based Kaspersky Labs has been analysing new attacks from the Lazarus Group, a cybercrime group with links to North Korea, to determine how its techniques have developed
If bitcoin is digital cash and ethereum is digital law, Urbit is digital land. The highly ambitious cloud computing project imagines nothing less than a rewiring of the internet, allowing users, not corporations, to own their online identities and data. While most blockchain projects rely on Amazon Web Services and other behemoths for essential infrastructure,
Shoppers enter a building housing a Bed Bath & Beyond Inc. store in New York. Mark Kauzlarich | Bloomberg | Getty Images Take a look at the companies making headlines after the bell. Bed Bath and Beyond shares tumbled more than 8% after the retailer released third-quarter results that missed analyst expectations and withdrew their
While I can see a correction in stock prices occurring during 2020, our real estate price correction … [+] has already lasted for years. Getty During the 40 years I have been in business, investment bankers and financial analysts have never once failed to assert that a Mayday event was right around the corner for
Prospective buyers and a real estate agent, center, enter a home for sale in Warren, Michigan. Daniel Acker | Bloomberg | Getty Images December is not the most popular time to list a home for sale historically, but this past December it was particularly unpopular. The supply of homes for sale was 12% lower compared
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., December 27, 2018. Eduardo Munoz | Reuters Stocks are poised to finish the first five trading days of 2020 higher, setting up for potentially strong performance in the full year, based on an old Wall Street indicator. If stocks
The vice-chairman of the Libra Association has been touting the benefits of the project over Bitcoin at the Consumer Electronics Show (CES) in Las Vegas. Dante Disparte, the vice-chairman of the non-profit organization overseeing the proposed digital currency led by Facebook (NASDAQ:FB), was speaking at the Digital Money Forum of the CES, where he emphasized
One of the most remarkable events in the crypto space took place in the first half of 2019 when Bitcoin (BTC) went on a remarkable rally that almost mirrored the rally from 2017. However, the rally soon fizzled out, and it has been a bit of a rollercoaster ride for the world’s biggest cryptocurrency by
It’s been a few weeks since the muni market has seen ‘normal’ issuance but this week has picked up right where it left off before the holidays — bond hungry investors are diving back in. Citi priced the University of Massachusetts Building Authority’s (Aa2/AA-/AA) $451.87 million of federally taxable project revenue refunding bonds and $201.815
“HODLing” has returned to a major milestone: The total number of bitcoins that haven’t changed hands in more than a year has crossed the 10 million mark. About 10.7 million bitcoins haven’t moved in more than 12 months, according to Digital Assets Data, a fintech company building crypto data feeds. Considering the total number of
Hey, Las Vegas crypto lovers, see you tonight at G.O.A.T. for our first On Tap meetup in Las Vegas. Join us for an evening of brews, bitcoin and blockchain. The event will be held at G.O.A.T. Sports Bar in Las Vegas and starts at 6 p.m. on Jan. 8. We’ll close up at around 8 p.m. but
A worker with Apache Corp. is viewed at the Patterson 298 natural gas fueled drilling rig on land in the Permian Basin on February 5, 2015 in Mentone, Texas. Spencer Platt | Getty Images Check out the companies making headlines in midday trading. Apache — Shares of the oil exploration and production company surged more than
The coworking and flexible space phenomenon is exploding, and will likely be impacted by several … [+] important trends in the months ahead. Andia/Universal Images Group via Getty Images The coworking and flexible work space trend, essentially a post-Great Recession phenomenon, continues to bloom and grow. According to Colliers International, coworking is one of the
A property for sale in Monterey Park, California Frederic J. Brown | AFP | Getty Images The last two weeks of the year are always the slowest in the mortgage business, and while refinance volume took a vacation, homebuyers were apparently busy. Total mortgage application volume fell 1.5% for the last two weeks of the
Ahmad Al-Rubaye | AFP | Getty Images Oil spikes above $100 may be a thing of the past, but prices are likely to head higher as tensions mount in the Middle East, with Citi global head of commodity research Ed Morse forecasting that Brent prices will top $70 in short order. While the market digests
Messenger app Telegram has released a long-awaited update on the future of its TON blockchain and its native Gram tokens, clarifying certain aspects of the project as it remains embroiled in a lawsuit by the US Securities and Exchange Commission as to whether two ICOs conducted in 2018 should have been registered with the commission.
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