In an announcement to Reuters News on Thursday morning, Brazillian cryptocurrency exchange Mercado Bitcoin said it has signed an agreement with Comerc, one of the main retail energy providers in Brazil, to develop renewable energy tokens. Mercado Bitcoin and Comerc seek to implement two types of tokens. The first, set to launch in 2022, will
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Few American entertainment figures have the stature of Carol Burnett. She has been nominated for countless Emmys, Golden Globes, Tonys and Grammys, winning her share of all of them. She has received the country’s highest accolades, including a Kennedy Center Honor, the Presidential Medal of Freedom, the Mark Twain Prize for American Humor and, in 2019, she
Vehicles drive by unfinished residential buildings from the Evergrande Oasis, a housing complex developed by Evergrande Group, in Luoyang, China September 16, 2021. Carlos Garcia Rawlins | Reuters The debt problems facing China’s property sector are likely to cause a period of stagnation which affects both the domestic and global economy, according to George Magnus,
A new division of the Bond Dealers of America will represent the interests of firms engaged in the pricing and valuation of fixed-income securities, a part of the market that has not previously had its own representation on a national stage. This Fixed-Income Pricing and Valuation (FIPV) Division, announced Tuesday, will use BDA resources to
US industrial group General Electric is to split itself into three public companies from 2023, a big step in chief executive Larry Culp’s plan to streamline the sprawling conglomerate. The companies will focus on healthcare, energy and aviation. GE Healthcare will be spun off in 2023, with GE retaining a 19.9 per cent stake in
Bitcoin investors appear to be increasingly sitting on their hands in hopes of higher prices, with the share of Bitcoin’s supply that has remained inactive for the past three months spiking to a record high of 85%. On-chain analytics provider Glassnode identified the milestone in its Nov. 8 “The Week Onchain” report, concluding: “Investors are
Proof-of-work (POW) blockchain networks were all the rage in the early days of cryptocurrency when Bitcoin (BTC) set the standard for security and other projects followed suit in various attempts to offer a robust, scalable network that would either support payments of efficiently transmit data. Most protocols have now shifted to proof-of-stake but Kadena (KDA),
Municipals were steady on Monday as all eyes were on the more than $9 billion of supply headed to the primary in a holiday-shortened week. “The municipal market is focused on the number of deals being priced Tuesday and Wednesday,” a New York underwriter said Monday, pointing to the Veteran’s Day market close on Thursday.
Two Zacks #1 Ranked, Strong Buy, Specialty Retailers in Focus.
CNBC’s Jim Cramer on Friday took comfort in a prediction by Dr. Scott Gottlieb that the pandemic phase of Covid could be over by January. “Dr. Gottlieb basically said the war’s over, and that’s just incredible,” Cramer said. Gottlieb, who had served as FDA chief under former President Donald Trump, is currently a Pfizer board
In this article AMD DAL TSLA COTY Passengers wearing protective masks wait to board a Delta Air Lines Inc. flight at Hartsfield-Jackson Atlanta International Airport in Atlanta, Georgia, U.S., on Wednesday, April 7, 2021. Elijah Nouvelage | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Infrastructure stocks — Industrial stocks
Apartments are where home sweet home is at for more and more Americans: in the last decade, the multifamily market has experienced hypergrowth. Even during COVID-19, 2020 saw a 50% increase in multifamily units, compared to that of 2019. And, rents in multifamily housing markets climbed 10% in 65 of the 150 largest metropolitan areas. The occupancy
Kaisa Group Holdings Ltd. logo displayed on a smartphone screen. SOPA Images | LightRocket | Getty Images Hong Kong listed shares of Chinese real estate developer Kaisa Group Holdings were halted on Friday, following news that it had missed a payment on a wealth management product earlier this week. It comes as investors continue to
S&P Global Ratings revised the city of Miami’s outlook to stable from negative and affirmed the AA-minus long-term rating and underlying rating on the city’s limited ad valorem and non-ad valorem bonds. “The outlook revision reflects our view of the demonstrated stability in the city’s operating budget through the COVID-19 pandemic and our expectation that
Tesla shares were under pressure on Monday after millions of Twitter users polled by chief executive Elon Musk concluded that he should sell 10 per cent of his stake in the electric carmaker. The 24-hour poll, which was conducted over the weekend, is the latest stunt by Musk to delight fans but risk controversy. When
This weekend, the non-fungible token (NFT) marketplace Opensea surpassed $10 billion in all-time sales. Statistics show that 629,867 traders contributed to the $10 billion in sales and the average sale price since the NFT market’s launch is $872 per NFT. Opensea Cracks $10 Billion in All-Time Sales NFTs have become very popular in 2021 and
Moody’s Investors Service returned Chicago O’Hare International Airport’s outlook to stable as traffic levels rebound from last year’s pandemic-induced drop and the city slows its pace of borrowing for the facility. All four rating agencies moved the airport’s outlook to negative in 2020 as the pandemic crippled air travel. The three others had previously restored
In this article F CZR SHOO Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters It seems each passing trading session brings a torrent of quarterly earnings and sharp swings for the stocks of the companies reporting results. Positive prints can have
Workers at Stellantis’ Detroit Assembly plant which produces the new 2021 Grand Cherokee L, a new three-row SUV. Michael Wayland | CNBC Broad-based strength in hiring in October signals the economy is shaking off the Covid-related slump of the third quarter and could grow faster than expected in the fourth quarter. Employment increased by 531,000
Nonfungible token-based projects like Loot and The N Project have helped spike interest in the Metaverse to an all-time high, raising hopes again that blockchain will finally break through to the masses. Will it, or is history doomed to repeat itself? The problem is that the very things that capture the imagination of the public