A “For Sale” sign outside a house in West Palm Beach, Florida, April 7, 2021. Marco Bello | Bloomberg | Getty Images A prolonged period of low mortgage rates is taking its toll on the refinance market, as most borrowers who qualify have already gone through the process. The average contract interest rate for 30-year
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The Puerto Rico Oversight Board asked the Puerto Rico bankruptcy court Monday to continue to hear a suit against a local law that would scuttle the negotiated debt Plan of Adjustment. Lawyers for Puerto Rico Gov. Pedro Pierluisi filed a motion to stay the adversary proceeding, which is like a suit, on Aug. 25. The
Joe Biden is poised to launch his most forceful defence yet of America’s chaotic pullout from Afghanistan, a day after the last US troops flew out of Kabul airport ending their 20-year military presence in the country. In remarks scheduled for 2.45pm local time at the White House, the US president will attempt to put
Positive Stories for This Solar and Cloud Based Company.
The China-based bitcoin ASIC mining machine manufacturer Canaan has announced the company has forged a partnership with Genesis Digital Assets, and the two firms have now signed a deal for a large purchase order. Genesis will buy 20,000 bitcoin miners from Canaan and the mining operation also has the option to purchase an additional 180,000
The California Institute of the Arts makes its municipal bond market debut this week. Lead manager UBS planned a pre-pricing Tuesday for the performing arts university, followed by a final pricing on Wednesday. The finance team for the $33 million deal also includes Prager & Co. LLC as municipal advisor and Orrick, Herrington & Sutcliffe
“Ethereum’s ascent to the top of the cryptoverse seems unstoppable,” declared Nigel Green in mid-August, and it’s not hard to see why the deVere CEO thinks this. DeFi is on a tear, NFTs are mushrooming, Ethereum (ETH) remains more scalable than Bitcoin (BTC) and it also offers more uses including smart contracts. Moreover, Ethereum will
In this article PYPL SQ HOOD The PayPal app shown on an iPhone Katja Knupper | DeFodi Images | Getty Images PayPal is exploring a possible stock-trading platform. After rolling out the ability to trade cryptocurrencies last year, the payments giant has been exploring ways to let users trade individual stocks, according to two sources
Take a look at some of the biggest movers in the premarket: Zoom Video (ZM) – Zoom reported quarterly earnings of $1.36 per share, 20 cents a share above estimates. Revenue also beat forecasts and topped $1 billion for the first time. Growth rates have slowed from the meteoric levels seen as the pandemic began
Mike McMullen is the CEO of Prominence Homes and the author of Build. Rent. Sell. Repeat! Every athlete knows the importance of the fundamentals. From how runners hold their arms to where quarterbacks grip the football, professionals are often the first to tout the importance of mastering fundamental skills. A focus on the fundamentals is important in
Housing prices across Asia-Pacific are surging — in some cases, by as much as 37%. Homebuyers are taking advantage of continued pandemic-induced stimulus, while international investors are looking for a place to put their money. To get a better picture of where real estate prices are going, CNBC compared the median sale prices of one-,
Puerto Rico Gov. Pedro Pierluisi is expanding the Earned Income Tax Credit program for the island, which along with another expansion of a federal program, will likely aid the island’s economy, experts said. The federal government will provide $612 million a year for 10 years for the expanded credit, if the local government continues to
The US dramatically scaled back its evacuation mission in Afghanistan on Monday with the number of civilians being airlifted out of Kabul falling sharply as its forces scramble to withdraw ahead of Tuesday’s deadline to end the 20-year war. Pentagon spokesperson John Kirby said military commanders were sharing some drawdown logistics with Taliban commanders to
Brian Hamilton gives us two growth and income stocks for 2018. Triton International: https://www.zacks.com/stock/quote/TRTN?cid=CS-YOUTUBE-FT-VID KLA Tencor: https://www.zacks.com/stock/quote/KLAC?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Speaking in a recent interview, subprime short investor and billionaire portfolio manager John Paulson criticized the volatile nature of digital assets, while advocating for investments in traditional safe-havens such as gold. The co-founder of Paulson & Co, a New York-based firm launched in 1994, Paulson was a historic beneficiary from the U.S. housing financial market collapse
New York State Comptroller Thomas DiNapoli cited the strength of the state’s pension system in lowering the long-term assumed rate of return on investments by the $268 billion Common Retirement Fund. The rate will drop to 5.9% from 6.8%, DiNapoli said in approving a recommendation from retirement systems actuary Michael Dutcher. The third-largest pension fund
In this article MSFT TGT AMAT WOOF NVDA A shopping cart is seen in a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. Brendan McDermid | Reuters As the year progresses, the vast majority of companies have already posted their latest quarterly results. The economic recovery ramped up throughout the
Take a look at some of the biggest movers in the premarket: Affirm (AFRM) – Affirm rocketed 41.2% in premarket trading after the digital payments specialist announced a partnership with Amazon.com (AMZN) that will allow Amazon customers to pay over time for purchases of $50 or more. Moderna (MRNA) – Moderna fell 2.7% in the
On Aug. 27, U.S. Federal Reserve Chair Jerome Powell said that the central bank will start tapering its $120 billion monthly bond purchases by the end of the year, but the interest rate hikes would have to wait until the job market and inflation pass a more stringent test. In response to the speech, the
The real estate market has been in flux in recent months, thanks largely to the Covid-19 pandemic. The demand for housing is only increasing as people leave major cities in favor of quieter suburban “work from home” settings with more space. At the same time, labor and supply chain shortages have made the future of