Federal Reserve Chairman Jerome Powell said Wednesday that he has in the past met with homeless Americans and that doing so reminds him of those he works for as a government official. Powell said he has not yet met with members of the homeless encampment near the Fed’s building in Washington. He added that he
U.S. District Judge Laura Taylor Swain said Wednesday that consideration of a broad range of revenue bond issues as part of Puerto Rico’s Title III bankruptcy should be delayed for several months. Swain, who is overseeing the bankruptcy proceedings, said this as part of an oral ruling against the Puerto Rico Oversight Board and the
Joe Biden said America was “rising anew” in his first speech to a joint session of Congress on Wednesday night as he declared the country was experiencing a revival following a devastating pandemic and economic crisis. “After 100 days of rescue and renewal, America is ready for take-off,” Biden said. “We are working again. Dreaming
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Bitcoin (BTC) has slowed down after its sharp relief rally over the past 48-hours, but Ether (ETH) is in no mood to rest as it continues to chase new all-time highs. The biggest altcoin by market capitalization seems to have received a boost from the news of the launch of a 100-million-euro ($120.8 million) digital bond
President Joe Biden, who has an opportunity to reshape the leadership of the Federal Reserve over the next 10 months, is being urged by activists to make potentially significant changes at the U.S. central bank. Fed Up, an advocacy campaign organized by the Center For Popular Democracy in Washington, said in a position paper released
CNBC’s Jim Cramer on Tuesday expressed some disappointment in Tesla‘s first-quarter earnings report and subsequent conference call. “I have to be somewhat critical. This was not the blowout quarter,” Cramer said on “Squawk on the Street,” describing the numbers released Monday by the electric vehicle maker as “very good” relative to certain industry peers. He
In this article V GOOGL MSFT SBUX AMD AMGN TXN People wear protective face masks outside Starbucks in midtown as the city moves into Phase 2 of re-opening following restrictions imposed to curb the coronavirus pandemic on June 23, 2020 in New York City. Noam Galai | Getty Images Check out the companies making headlines
Demand for office space across the U.S. is climbing back closer to historical norms, throwing cold water on the argument that the pandemic could permanently destroy the country’s office culture. “Any which way that we look at the numbers, there is tremendous momentum coming back into the office market,” says Ryan Masiello, cofounder and chief
Robin Azougi 1st R, a licensed real estate salesperson with Douglas Elliman Real Estate, talks with prospective buyers at a house for sale in Floral Park, Nassau County, New York, on Sept. 6, 2020. Wang Ying | Xinhua News Agency | Getty Images Lower mortgage rates are not prompting homeowners or potential homebuyers to contact
Crypto data aggregator CoinMetrics has compiled a list of 100 insights into the recent performance of the digital asset markets — and the figures add up to a very bullish picture for the ecosystem. Released to celebrate the 100th issue of its State of the Network report, the list notes that a $100 investment made
The much-hyped NFT sale by popular talk show host Ellen Degeneres has fallen flat, with the comedian selling just five out of ten available Gold editions of her “Woman With Stick Cat” NFT for $2,500 on the Bitski platform. Sixty-four other people paid $100 each for an open Silver edition of the same NFT. The
The U.S. Census released a population figure for Puerto Rico that revealed the Puerto Rico Oversight Board’s population assumption to be too pessimistic. On Tuesday the Census Bureau reported Puerto Rico’s population on April 1, 2020 at 3.29 million. In the fiscal plan the board approved Friday, the board estimated the island’s population to be
Listings on stock markets around the world are running at a record pace, with both deal numbers and values at their highest levels for the start of any year in at least two decades. This year, 875 initial public offerings each raising at least $1m have been clinched globally, according to data from Dealogic that cover
Find Stocks Likely to Surprise with 70% Accuracy Earnings ESP has proven to be a very valuable tool for investors seeking stocks that are most likely to beat earnings estimates. As indicated earlier, in our extensive 10- year backtest, we found that over the past decade, stocks with a positive Earnings ESP and with a
Shapeshift Reveals Platform Supports Unwrapped Swaps via Thorchain With No KYC Just recently, Shapeshift founder and CEO Erik Voorhees published a blog post about a new project called Thorchain, a protocol that allows for decentralized exchanges without wrapping or bridging technology commonly used today. Thorchain launched on April 13, 2021, and … read more.
Movement of goods through the Port Authority of New York and New Jersey’s maritime and air facilities is still vital to the region’s and nation’s economy. The region’s exports, however, increasingly link to information-based services, according to a study by the Rudin Center for Transportation at New York University’s Transportation Robert F. Wagner Graduate School
A man looks at GameStop at 6th Avenue on February 25, 2021 in New York. John Smith | Corbis News | Getty Images GameStop‘s stock price climbed in extended trading Monday after the video game retailer said it sold 3.5 million additional shares, raising $551 million to speed up the company’s e-commerce transformation. The stock, favored
In this article LYFT NXPI TSLA SNAP A man walks in front of a GameStop store in the Jackson Heights neighborhood of New York City, New York, Jan. 27, 2021. Nick Zieminski | Reuters Check out the companies making headlines after the bell on Monday: Tesla — Shares of the electric vehicle maker slipped 1%
Founder and CEO, Visual Lease. It’s been just over a year since the U.S. experienced a series of lockdowns in response to the Covid-19 pandemic. Lessees and lessors have had to quickly adjust their strategies to adapt to unforeseen circumstances such as office closures, restaurant shutdowns and low foot traffic at retail locations. Today, both parties