The European Commission’s commissioner for financial services has reportedly urged U.S. lawmakers to establish new rules to regulate the crypto industry. “We do need to see other players also legislating … We need to look at global regulation of crypto,” said the commissioner. EU Commissioner Calls on U.S. Lawmakers to Establish New Crypto Rules Mairead
In this article JBHT IBKR ADBE UAL ISRG NFLX Follow your favorite stocksCREATE FREE ACCOUNT Netflix signage next to the Nasdaq MarketSite in New York, U.S., on Friday, Jan. 21, 2022. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Netflix — The streaming giant’s shares skyrocketed more
Staked ETH withdrawal and lower gas fees are some of the developments expected with the next critical improvements for the Ethereum network, the Shanghai upgrade. The testnet version, dubbed Shandong, is now live. Developers can now begin working on the implementations; a process expected to continue until September 2023. This is the first major update
In this article CL Follow your favorite stocksCREATE FREE ACCOUNT Daniel Loeb Simon Dawson | Bloomberg | Getty Images Dan Loeb’s Third Point has built a sizeable stake in consumer giant Colgate-Palmolive, according to CNBC’s David Faber. Loeb sees hidden value in Colgate’s subsidiary, Hill’s Pet Nutrition, a pet food company, if it were spun
In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Jeffrey Smith, CEO of Starboard Value LP and Chairman of Papa John’s International Inc. Brendan McDermid | Reuters Starboard Value has taken a stake in Salesforce, with founder Jeff Smith saying a significant opportunity remains in the enterprise software maker, according to CNBC’s David Faber.
Municipals were little changed Tuesday amid a multi-billion-dollar large new-issue day with various credit offerings, while U.S. Treasuries improved slightly and equities ended up. Triple-A curves were a touch firmer in spots as secondary trading took a backseat to the larger primary activity with Connecticut general obligation bonds, CommonSpirit healthcare and several competitive issues led
Chancellor Jeremy Hunt is preparing to raid the profits of banks and energy companies in an attempt to fill a £40bn fiscal hole through a mix of tax rises and public spending cuts. Hunt’s Budget on October 31 is due to include big tax rises, with allies of the chancellor saying they expect him to
States and localities would be required to implement greenhouse gas emissions performance measures under a proposed federal rule that’s sparked opposition from issuer groups and Republican senators. The proposed rule from the Federal Highway Administration would require state departments of transportation and metropolitan planning organizations to establish greenhouse gas emissions targets and develop a method
Homebuilder sentiment in the single-family home market has fallen to half what it was just six months ago as mortgage rates climb, according to a new report. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI), which is designed to gauge market conditions, fell 8 points to 38 in October from the
Ripple users may be able to interact with Ethereum-compatible decentralized applications (DApps) in the future following the launch of a test phase of Ripple’s new XRP (XRP) Ledger sidechain. The launch of the sidechain was shared in a Tweet by blockchain development firm Peersyst Technologies on Oct. 17, noting that the new sidechain is compatible
Harry Styles’ former home in Los Angeles is on the market again for $8 million. The British singer and songwriter, who rose to stardom as a member of the boy band One Direction, owned the mansion from January 2016 to June 2019. Tucked behind private gates above the Sunset Strip, the contemporary estate offers stunning
Liz Truss has apologised to the nation for the economic chaos that has engulfed Britain following last month’s “mini” Budget, but her premiership was hanging by a thread as Tory pressure mounted on her to quit. Truss sat expressionless on Monday in the House of Commons as she watched her new chancellor, Jeremy Hunt, rip
Baker Tilly US LLP joined the ranks of firms with an ability to offer an independent verification for a “certified climate bond” label on debt. The approved verifier status allows for the Chicago-based accounting firm that offers municipal advisory services to assign the label to bonds and other debt instruments based on a review of
The United States equities markets have made a bullish start to the new week. The S&P 500 is up about 2.60% and the Nasdaq Composite has rallied more than 3%. This indicates that the markets have shrugged off September’s high inflation reading and shifted focus onto the third-quarter earnings. The stock market’s recovery could pave
Munis were slightly better to kick off the week, while U.S. Treasuries were firmer 10 years and in and equities rallied. Municipal triple-A yields fell one to three basis points Monday while UST saw the 10- and 30-year end the session just above 4%. “Municipal bond yields decoupled from the Treasury market last week, ending basically
Liz Truss is battling for her political survival as leading business figures and Conservative MPs pile pressure on the UK prime minister to resign after a series of damaging U-turns that have shredded her credibility. Truss’s decision to appoint Jeremy Hunt as chancellor and scrap key parts of her economic platform have failed to reassure
Time waits for no one and financial markets are no exception. Especially in the uncharted territory of cryptocurrency trading, keeping up with the fast-paced changes in prices is key to success. A plethora of cryptocurrencies, a few viable trading strategies and numerous tools accessible to new traders may all cause confusion. Fortunately, technology has made
In this article QCOM META PZZA CHEF DHT Follow your favorite stocksCREATE FREE ACCOUNT Source: Papa Johns Investors white-knuckled their way through last week as the major averages swung sharply, fueled by key inflation reports. On Thursday, the Dow Jones Industrial Average leapt 1,500 points from its low of the session to the highest point
Complying with the latest EU sanctions targeting Russia, well-known cryptocurrency platforms like Localbitcoins, Blockchain.com, and Crypto.com have started to restrict or terminate services for Russian accounts. The moves follow the adoption of new European penalties in response to Moscow’s military escalation in Ukraine. Major Crypto Platforms Conform to EU Measures, Restrict Services for Russian Users
The UK’s new chancellor Jeremy Hunt has admitted that Liz Truss’s government went “too far, too fast” in last month’s “mini” Budget and that in the near future taxes will have to rise and spending will have to be cut in order to regain economic credibility. In a statement on Saturday evening Hunt said the