China Evergrande Group started returning a small portion of the money owed to buyers of its investment products, weeks after people protested against missed payments at its Shenzhen headquarters, pictured here on Sept. 30, 2021. Gilles Sabrie | Bloomberg | Getty Images BEIJING — China Evergrande shares briefly dropped more than 10% in opening trade
The Internal Revenue Service has moved to mandatory electronic filing of its Form 8038-CP, its form for returning credit payments to issuers of qualified bonds. That and a number of other developments were announced during the IRS update as part of the Government Finance Officers Association’s 3rd annual MiniMuni conference. “The IRS is moving to
A new report shared by Google’s Threat Analysis Group (TAG) highlights an ongoing phishing campaign against YouTube creators, typically resulting in the compromise and sale of channels for broadcasting cryptocurrency scams. The TAG attributes the attacks to a group of hackers recruited in a Russian-speaking forum, who hack the creator’s channel by offering fake collaboration
An interview with Shaq and review of WTER.
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Bitcoin officially hits new all-time high above $65K Bitcoin (BTC)
Chicago Mayor Lori Lightfoot’s $4.4 billion 2022 bonding package heads to the City Council for a vote next week after surviving a backlash over the lack of ward-by-ward specifics about how the city would spend $660 million of recovery plan borrowing. The bonding package, along with a $1.7 billion property tax levy that’s up $76.5
Saudi Arabia has pledged to cut carbon emissions to net zero by 2060, while also maintaining its role as a leading producer of oil and gas, Crown Prince Mohammed bin Salman said in a speech on Saturday. The announcement comes just days before the opening of the COP26 climate summit in Glasgow and the G20
In this article SWX Carl Icahn speaking at Delivering Alpha in New York on Sept. 13, 2016. David A. Grogan | CNBC Company: Southwest Gas Holdings (SWX) Business: Southwest Gas Holdings purchases, distributes, and transports natural gas in Arizona, Nevada and California. The company operates in two segments, Natural Gas Operations and Utility Infrastructure Services.
In this article FB DWAC MRNA SNAP Getty Images Check out the companies making headlines in midday trading. Snap – Snap shares plummeted by more than 24% after it reported its quarterly results, which included a revenue miss as well as an earnings beat. The social media company said its advertising business declined due to Apple’s
Before we get into the nitty gritty of how one simple rule created the kind of insane return on investment noted in the headline, let’s be clear on one thing. You can’t copy this. Actually, no human can. Even a trading bot couldn’t replicate this particular strategy in real life, because it’s a thought experiment,
Here’s a fast pass to joining the ranks of the landed gentry. An expansive hunting property has come on the market in the Loire area of central France for 1.85 million euros or about US $2.14 million. Encompassing 76 hectares, or 188 acres, more than half the property is meadowland that can be leased out
People walk past the headquarters of the People’s Bank of China (PBOC), the central bank, in Beijing, China September 28, 2018. Jason Lee | Reuters BEIJING — China’s central bank is poised to move carefully toward easing monetary policy, even as the U.S. is on its way to tightening policy. In moving in the opposite
Municipals ended Friday steady after a week of increased selling pressure that moved yields and ratios higher. Triple-A benchmark yields were left unchanged across the curve. U.S. Treasuries pared back overnight trading losses to end the week better. Barclays strategists Mikhail Foux, Clare Pickering and Mayur Patel said as Treasury yields have moved higher over
After failing to roll out its CBDC on October 1, the Central Bank of Nigeria (CBN) has released a document in which it reiterates its commitment to launching the e-naira. In fact, in this document titled The Design Paper for the E-naira, the CBN says it is now ready to launch Nigeria’s CBDC. CBN Prioritizes
Los Angeles received an improved outlook from Fitch Ratings ahead of plans to issue bonds to build housing for people living on the streets. Fitch revised its outlook on the city’s debt to stable from negative ahead of the $276.7 million competitive deal slated for Wednesday that pays for housing and refunds existing debt. The
US intelligence officials have launched a campaign to warn American companies about the risks of interacting with China in critical industries, in a push to make it harder for Beijing to obtain technology and data. The National Counterintelligence and Security Center wants to raise awareness about the links that Chinese companies have with the government,
Atlanta Federal Reserve President Raphael Bostic said Thursday that he sees an interest rate hike coming later in 2022 as he forecasts a growing economy and lasting inflation pressures. The central bank official told CNBC that he has “penciled in” a rate increase in “late third, maybe early fourth” quarter of 2022. The expectation puts
Traders on the floor of the New York Stock Exchange (NYSE) in New York, on Wednesday, Aug. 11, 2021. Michael Nagle | Bloomberg | Getty Images An earnings avalanche is coming in the week ahead that could put the stock market’s recent gains to the test. Apple, Microsoft, Alphabet, Facebook and Amazon — the biggest
Some employers are announcing staffs can work from home permanently. Others have demanded all employees return to the office. A third group will embrace some form of compromise solution, meaning in-office employees will have to share square footage with space and equipment enabling video conferencing by home-based workers. Most offices will need to accommodate videoconferencing
In this article BAC andresr/Getty Images Even as prices for homes soar, the American Dream of owning a home is still alive and well. Yet that can be a high hurdle for first-time home buyers to reach. New data from the National Association of Realtors shows sales of previously owned homes rose by 7% in