With impeccable designs and attended-to grounds, it’s hard to imagine what the sites of renowned estates looked like before construction. But at one point, notable estates and exclusive resort properties were just plots of untouched land. As luxury real estate markets across the world continue to struggle to meet a persistent demand, developers are now
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Patchogue, N.Y.: A home for sale, under contract, on Center Street in Patchogue, New York on May 17, 2022. Steve Pfost | Newsday | Getty Images In many areas of the country, homes continue to sell even as rising mortgage rates, high prices and recessionary concerns filter through economy. During the recent real estate boom,
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On July 7, 2022, the pseudonymous non-fungible token (NFT) collector known as “0xb1” published a Twitter thread that discusses the collector’s true identity and his relationship with the crypto lending firm Celsius. According to 0xb1, otherwise known as Jason Stone, his team found “major problems in how the company operated,” and Stone told Celsius his
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(Kitco News) Despite gold kicking off the second half of the year with a drop below $1,800 an ounce, Bloomberg Intelligence sees the precious metal moving higher versus broader commodities, which are at risk of a reversal. Crude oil is the commodity facing the biggest reversion risk in the second half of 2022, while gold
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For investors who believe that Bitcoin (BTCUSD) is likely to crash at some point in the future, shorting the currency might be a good option. The number of venues and ways in which you can short Bitcoin has multiplied with the cryptocurrency’s increasing spotlight in mainstream finance. Here are some ways that you can go
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The SEC is heeding a government watchdog’s calls to beef up its oversight of FINRA, but it’s doing so behind closed doors.  The Wall Street regulator, which is FINRA’s only supervisory agency, “generally agreed” with recommendations from the Government Accountability Office last December to improve its formal scrutiny of FINRA, which oversees brokers. According to
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Rivian (RIVN) investors have badly needed some good news, and they finally got some on Wednesday. The struggling electric truck start-up announced Q2 vehicle production and delivery numbers, and they were better than expected. The company said 4,467 vehicles were delivered in the quarter while 4,401 vehicles were manufactured. Consensus expected deliveries to come in
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Municipals were steady to firmer in secondary trading Thursday as a large airport revenue bond offering from the City and County of Denver, Colorado, and the Triborough Bridge and Tunnel Authority’s MTA deal took the focus. Municipals continued to ignore the movements of U.S. Treasuries, which saw yields rise for the second day, while equities
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The market for fully electric vehicles is growing. The reasons are many, including new regulations on safety and vehicle emissions, technological advances, and shifting customer expectations. But much of the mainstream acceptance and excitement for electric cars can be attributed to Tesla Motors Inc. (TSLA) and its unique business model. Tesla founder and CEO Elon Musk
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China’s hackles were raised this week as it tried to censor news of the alleged hacking of a Shanghai police database, containing the personal data of more than 1bn of its citizens. Today it was angry about having to defend itself against a joint accusation by the US and UK that it too was guilty
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Cryptocurrency investors face the dilemma of selecting between centralized and decentralized platforms when considering custody options. Via centralized exchanges (CEXs), entering the crypto universe is straightforward between compliance measures (including KYC and AML), fiat-to-crypto on-ramps, and intuitive user interfaces. Yet, these features come at a cost – users lose custody of their assets.  While users
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