Real estate agents Rosa Arrigo, center, and Elisa Rosen, right, work an open house in West Hempstead, New York on April 18, 2021. Newsday LLC | Newsday | Getty Images In this red-hot real estate market, it’s tough for buyers to land a deal. Supply is low, which is pushing prices higher. The median price
As Bitcoin price crashed below $50,000, mainstream media highlighted that the selling across the market could have been triggered by reports that the Biden administration proposed increasing the capital gains tax to 39.6% from the current 20% for people earning more than $1 million a year. In other news, there was an apparent exit scam carried
Bitcoin and the wider cryptocurrency market took a beating in the late hours of April 22 and intense selling saw (BTC) price dip below $48,000 in a move that came as a relief to quant analysts like PlanB who were worried that the price growth was showing signs of being inorganic. A variety of factors have been identified
An agreement reached Friday between Florida and the Seminole Tribe is expected to provide the state with at least $2.5 billion in new revenue over the next five years. The compact authorizes the Tribe to allow sports betting for the first time and allow casinos to operate on Tribal lands. “This historic compact expands economic
A panel of scientific advisers has recommended that the US resume use of Johnson & Johnson’s Covid-19 vaccine after deciding the benefits of inoculation outweighed the risks posed by rare blood-clotting issues. The Advisory Committee on Immunization Practices voted 10-4 on Friday to recommend lifting a pause it called for 10 days ago, after six
Two Stocks with Impressive Records.
The U.S. Marshals Service has published a contract showing the crypto custodian Bitgo has been chosen to manage law enforcement’s seized bitcoin acquired through criminal forfeiture. The contracted deal is $4.5 million for the storage, maintenance, and disposal of cryptocurrencies according to documents released on Wednesday. USMS Pens a Deal With Bitgo During the last
Even as they exhaled on their Zoom cameras, members of Philadelphia’s budget team winced as one over what could have happened without a fresh infusion of federal rescue aid. “We were looking at a very ugly budget,” finance director Rob Dubow told reporters at an online briefing one day before Mayor Jim Kenney released his
In this article XOM Activist investor and newly appointed Exxon board member Jeff Ubben is building his stake in the company on the belief that the oil giant will be integral to the energy transition. “I am,” he said Thursday on CNBC’s “Squawk on the Street” when asked if he was planning to buy more
Traders on the floor of the New York Stock Exchange. Source: NYSE The reopening story is now getting very real, at least for Wall Street. Today’s crop of earnings reports are chock-full of companies reporting earnings above expectations and, most importantly, raising guidance. Take steel maker Nucor, which reported what CEO Leon Topalian called the
In this article SWKS SLAB INTC MAT SNAP SAM WWE SKX Signage for Snap Inc., parent company of Snapchat, adorns the front of the New York Stock Exchange, March 2, 2017 in New York City. Getty Images Check out the companies making headlines after the bell on Thursday: Intel — Shares of the semiconductor chip
It’s common knowledge in real estate circles that Jay Leno and his wife of 40 years, Mavis, bought a Newport, R.I., mansion for $13.5 million in 2017. But the story of how the former “Tonight Show” host found Seafair, a 15,861-square-foot Louis XIV inspired chateau, is less known. Seafair was designed and built by British
An aerial view of the Rockybrook Estate in Delray Beach, Florida Douglas Elliman Ten days after closing the year’s most expensive mansion sale in Delray Beach, Florida for $19 million, luxury real estate broker Senada Adzem got an unexpected phone call. “The buyer called me to say they would be selling the home. Honestly, we
Chicago took the next big leap in its long push to open a casino with the launch Thursday of a request for proposals process that seeks parties interested in developing and operating a resort-like venue. The prospect of $200 million in new annual revenue from a casino was a cornerstone of Mayor Lori Lightfoot’s pre-COVID-19
Joe Biden is preparing to announce a string of tax increases on wealthy Americans, including a nearly doubling of levies on capital gains for people earning more than $1m, to pay for a massive increase in funding for childcare and education. The economic package from the White House, which is worth more than $1tn, could
Jackson, Tennessee is the latest city in the United States moving to adopt Bitcoin (BTC) payments and mining, following recent crypto developments in Florida. Jackson Mayor Scott Conger announced Wednesday that the city is actively exploring the option to pay its employees in cryptocurrency in addition to mining Bitcoin and adding it on the city’s
Spots number one, seven and nine were the only firms that stayed put in the top municpal bond counsel rankings and there were three newcomers to the top 10. The top bond counsels combined for a total of $103.707 billion in 2,674 transactions in the first quarter of 2021, up from the $87.762 billion in
Jamie Dimon, CEO of JP Morgan Chase, appears on CNBC’s Squawk Box at the 2020 World Economic Forum in Davos, Switzerland on Jan. 22nd, 2020. Adam Galica | CNBC JPMorgan Chase CEO Jamie Dimon said Wednesday that “justice was served” after a jury found ex- Minneapolis police officer Derek Chauvin guilty on all three charges,
Traders on the floor of the New York Stock Exchange. Source: NYSE The market is showing some signs of exhaustion, and with good reason. Most major parts of the market have run up significantly in the past month. But there is a growing chorus warning that we are at “peak everything.” That is, peak earnings
In this article NTGR LVS KMI TDC CHDN CMG WHR David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell on Wednesday: Kinder Morgan — Shares of the energy infrastructure company gained 3.5% after the company first-quarter earnings that topped analyst expectations. The company posted earnings per share