As the market continues its recovery from a steep sell-off in early August, some stocks are standing out as potential winners. The S & P 500, Dow Jones Industrial Average, and Nasdaq Composite have all bounced back from their losses, with the S & P 500 up roughly 2% in August. It is worth considering
admin
The recent data released on the S&P CoreLogic Case-Shiller U.S. National Home Price Index revealed that home prices have reached their highest level ever, despite the fact that mortgage interest rates have been on the rise. The three-month running average ended in June showing that prices nationally were 5.4% higher than they were in June
The municipal market saw a narrow mix on Tuesday, influenced by rising U.S. Treasury yields and a slightly higher equities market towards the close of the day. While the two-year muni-to-Treasury ratio stood at 63%, there was a slight variation in ratios for different maturities as per Refinitiv Municipal Market Data. This data was further
The negotiations surrounding the transfer of ownership of the RFK stadium site from the federal government to the District of Columbia have hit a roadblock, with major players expressing concerns over the current political climate. Josh Harris, managing partner of the Washington Commanders, highlighted that the focus on the upcoming election has shifted attention away
Bitcoin’s price took a hit on Tuesday, dropping 1.4% to $3,106.6 as geopolitical tensions escalated around the globe. The decline in Bitcoin’s price mirrored losses in stock markets, highlighting the interconnectedness of various asset classes. The imposition of trade tariffs by Canada on China, along with similar actions by Europe and the U.S., raised fears
The recent imposition of Canadian trade tariffs on China has sent shockwaves through the Asian currency market, leading to a weakening of most regional currencies. This move has exacerbated fears of a potential trade war, adding to the existing geopolitical tensions in the Middle East, Libya, and Ukraine. As a result, investors are turning to
The world has witnessed a remarkable surge in the population of crypto millionaires, with numbers skyrocketing by 95% over the past year. According to a recent report by New World Wealth and Henley & Partners, there are now 172,300 individuals globally holding more than $1 million in crypto assets, a significant increase from 88,200 in
As the upcoming National Basketball Association season approaches, Dallas Mavericks and New Orleans Pelicans fans are anxiously awaiting news on how they will be able to watch their local games. Both teams are making a significant move by exiting their regional sports networks owned by Diamond Sports, as revealed in a recent bankruptcy court filing.
In a groundbreaking move set to take place on August 30, 2024, Slash Vision Labs is gearing up to list their token (SVL) on Gate.io at 12:00 PM (UTC). This strategic listing will not only mark a significant milestone for Slash Vision Labs but also pave the way for the expansion of their ecosystem in
Tower Health, a Pennsylvania nonprofit regional healthcare system, has recently announced plans to exchange outstanding debt and issue new bonds in an attempt to facilitate its turnaround. This restructuring initiative involves issuing $1.335 billion of revenue bonds through the Berks County Municipal Authority, with the hospital operator exchanging $1.178 billion of debt for new bonds.