In this article PM DHR T TSLA AAL A woman walks by an AT&T store in Washington D.C. Ting Shen | Xinhua News Agency | Getty Images Check out the companies making headlines in midday trading. Danaher – Shares of the medical conglomerate jumped more than 8% after the company reported better-than-expected earnings and revenue
Cardano (ADA) has dipped this July 21 as the market favors mounting selling pressure around its most reliable resistance levels in 2022 over a major upcoming hard fork. ADA price could plunge 20% by early August ADA’s price fell 5% intraday to $0.476. The downside move came as a part of a broader retreat that started
According to the non-fungible token (NFT) company Enjin, the firm has inked a deal with the Japanese entertainment conglomerate and leading video game developer Square Enix. The partnership will produce the launch of Final Fantasy VII 25th Anniversary cards and figures on the cross-chain network platform Efinity. Japanese Software Developer Square Enix to Issue Final
A century after winning the right to vote and in the midst of a pandemic, female fund managers are outperforming their male colleagues on Wall Street. That is according to a team of equity strategists at Goldman Sachs, who crunched the numbers in honor of 2020, which marks the 100th anniversary of the 19th amendment’s
Vanguard Wellesley Income Fund celebrated its 50th birthday in July. A mutual fund being in business that long has become about as rare as couples reaching their 50th wedding anniversary, and so the fund’s longevity is noteworthy in its own right. But, by analyzing this mutual fund’s performance, we can draw important investment lessons for
Two proposed rulemakings from the Labor Department in the past eight weeks would largely gut sustainable investing options and strategies in retirement plans. These proposals would reverse the Labor Department’s 2015 and 2016 guidance while ignoring the growing consensus among academics, retirement plan fiduciaries and professional money managers that responsible companies are likely to outperform
Clean-energy stocks and exchange-traded funds are on a tear this year, sharply outperforming the broader market and traditional fossil-fuel investments. The clean-tech ETFs with the most powerful year-to-date rallies include Invesco Solar ETF TAN, -2.75%, up 81% through Thursday; First Trust NASDAQ Clean Edge Green Energy Index Fund QCLN, -1.84%, up 58%; and iShares Global
For the 55 calendar years from 1965 through 2019, Berkshire Hathaway’s stock rose at an 18.6% annualized pace, versus 11.8% for the S&P 500 SPX, -0.82% . (Both returns reflect reinvested dividends.) Warren Buffett can take credit for this, and he appears to be very much in charge of Berkshire. But, given that he just
Federal Reserve Chair Jerome Powell recently sold more than $1 million of municipal bonds issued by various entities across the U.S. as tough new ethics rules took effect for central bank officials in the wake of a trading scandal last year. The 22 separate transactions on June 30, with a total value ranging from about
Though the fortunes of state pension plans made a 180-degree turn as the stock market fell this year, only a handful appear to be at risk of insolvency over the next few decades. “Most public plans are fragile, not distressed,” said Anthony Randazzo, executive director of Equable, a bipartisan non-profit that works with public retirement
Riders are not returning to New York City’s public transportation system as fast as expected and this may place the Metropolitan Transportation Authority in a difficult financial position as federal funds dry up, according to a report. Even as the drop in riders has left revenue well below pre-pandemic levels of 2019, the MTA has
Despite the approach of some candidates, the Conservative party leadership contest is a serious matter. The UK’s next prime minister will inherit a series of continuing crises at home and abroad, in a country suffering more than most from inflation and slow growth. Although only members of the ruling Conservative party have a vote in
On Thursday, Vitalik Buterin, co-founder of Ethereum, shared his long-term vision for the namesake blockchain live at the annual Ethereum Community Conference, or EthCC, in Paris. As told by Buterin, Ethereum is currently at an inflection point, or period of rapid change, before the ecosystem’s capability will eventually settle down. Currently, the foremost priority for
Bitcoin (BTC) extended losses on the July 21 Wall Street open after a key resistance level failed to hold as new support. Dollar rises to squeeze risk assets Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dropping to $22,340 on Bitstamp after the opening bell, down 8% from its local top. The pair’s progress had
A rise in interest rates since last year will mean heftier-than-expected charges on electricity bills for Oklahoma ratepayers in the wake of the first of four state-sanctioned utility securitizations related to 2021’s Winter Storm Uri. The $761.6 million taxable bond sale through the Oklahoma Development Finance Authority closed on Wednesday, just days after a state
During the last month, the stablecoin economy’s market valuation dropped from $155.23 billion to $153.34 billion on July 20, sliding roughly 1.21%. The top two stablecoins by valuation, tether and usd coin, have seen their market caps slide over the last 30 days, while BUSD and DAI have seen increases. Stablecoin Markets Lose Close to
Joe Biden has contracted Covid-19 and has started taking Pfizer’s antiviral pill to combat the disease, the White House announced. The 79-year-old US president tested positive on Thursday morning, according to White House press secretary Karine Jean-Pierre, and will work from isolation until he tests negative. The White House said he is fully vaccinated with
The evolution of a historic home informs its present in myriad ways. Claremont Country Estate, classified as a New Zealand historic building, was built in 1890 for George Hampton Rhodes, a member of a prominent family that had extensive land holdings in Canterbury. Among their varied professions were livestock ranching, investment, manufacturing, shipping and politics.
All municipal bond insurers wrapped $18.306 billion in the first half of 2022, a decrease from the $20.842 billion of deals done in the first six months of 2021, according to Refinitiv data. The figures align with the overall decrease in issuance so far in 2022. The two most active bond insurers — Assured Guaranty and Build
Everyone in the UK, it seems, is angry about their pay. Rail strikes are set to escalate over the summer. Bus drivers, refuse collectors and baggage handlers have staged walkouts across the country; more than 100,000 postal workers at the Royal Mail Group have voted to follow suit. In the public sector, unions representing teachers