The Biden White House’s Build Back Better moonshot shattered late last year. So, what’s to become of its zillion pieces, like the promise of upwards of $200 billion the massive social agenda had penciled in for a desperately-needed housing safety net? As the question of whether a core slate of Federal social programs might ever
This is an excerpt from the CNBC Make It newsletter. Subscribe here. If you’ve been paying attention to headlines (or your own lease renewal) then you’ve likely seen that rent is higher than it was a year ago. A lot higher. Putting a larger share of your income toward rent is, obviously, bad for your finances
Bitcoin (BTC) is attempting to form a higher low as investors take advantage of lower levels to accumulate. Twitter user PlanC recently highlighted that the balance of addresses having at least two significant incoming transactions but no outgoing transactions has soared to a 57 month high. However, not everyone is bullish on the future prospects
Municipals were weaker Monday, with yields rising two to five basis points, as U.S. Treasuries saw losses reversing Friday’s rally, while equities ended in the red on continued geopolitical tensions between Russia and Ukraine. The municipal to UST ratio five-year was at 72%, 83% in 10 and 89% in 30, according to Refinitiv MMD’s 3
Russian authorities are not going to allow cryptocurrency lending, the finance ministry has announced, clarifying its proposals for crypto market regulation. The treasury department also revealed that not all cryptocurrencies will be available to Russian investors under the new rules. Russian Government to Restrict Investor Access to Crypto Assets Authorities in Moscow are not planning
In an interview on Thursday, Federal Reserve Bank of St. Louis President James Bullard discussed his outlook for monetary policy following a report showing surging consumer prices. He gave his view on whether a 50 basis-point interest-rate increase would be needed, and the possibility of raising rates between Federal Open Market Committee meetings. Here’s a
In this article ON SNAP RIOT SPOT LYFT Reuters Investors kicked off 2022 in a swirl of uncertainty, including the Federal Reserve’s move to tighten monetary policy, rising inflation and tension between Russia and Ukraine. Indeed, these factors so unsettled the market, the major indexes ended the prior week firmly in negative territory. Finding long-term
In this article ACB-CA EXPE ZG NWL ZEN UAA Check out the companies making headlines before the bell: Under Armour (UAA) – The athletic apparel maker reported an adjusted quarterly profit of 14 cents per share, doubling consensus estimates, with better-than-expected revenue. Under Armour saw strong demand for its athletic wear and was also helped
Cryptocurrency has become one of the most widely discussed topics of 2022. As such, it shouldn’t come as a surprise that mentioning “crypto” in an online dating profile may generate additional attention. A newstudy from brokerage firm eToro found that 33% of Americans who were surveyed would be more likely to go on a date
A penthouse apartment is a sought-after dwelling in any major metropolitan area – enabling the owner to be part of the city while surveying it from a private perch above. This 31st floor residence atop the John Ross building in Portland takes in 360-degree views of mountains, rivers and the cityscape. Floor-to-ceiling windows and a
James Andrews | iStock | Getty Images Things have come a long way from the peak of the pandemic, when rents in major cities were hugely discounted and concessions were common. Across the U.S., average monthly listed rents are up more than 14% from last year, according to real estate firm Redfin. In New York,
How much debt does New York State have outstanding and how is it issued? The answer for inquiring investors is “It may be more than you imagine.” The nonpartisan Volcker Alliance released an issue paper on Feb. 3 that takes an in-depth look at the Empire State’s municipal bonds and other debts the state owes
New York State and its numerous public authorities and agencies owe $186.6 billion to bondholders, the federal government, and future retirees, among others. Without borrowing, the Metropolitan Transportation Authority wouldn’t have been able to keep the subway running during the COVID-19 pandemic and the state unemployment trust fund wouldn’t have had enough cash to pay
In this article VIVO VioletaStoimenova | E+ | Getty Images Company: Meridian Bioscience Inc. (VIVO) Business: Meridian Bioscience is a life science company that develops, manufactures, distributes, and sells diagnostic test kits primarily for gastrointestinal and respiratory infectious diseases, as well as elevated blood lead levels worldwide. The company has two business segments. The Life
In this article GDDY ZG AFRM NWL UAA An Under Armour shoe is seen inside of a store on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday trading. Under Armour — The sports equipment company’s shares dropped about 10% as lingering supply chain constraints
Large family estates are notoriously private and personal. Foxhill, a newspaper family’s midcentury manse with sweeping ocean views above one of San Diego’s most revered communities, seamlessly embodies both. Its privacy derives from the hilltop location. Foxhill sits on 32 acres, making it the largest contiguous residential site in La Jolla. “Privacy abounds, and there
Lauren Niesz purchased a new home with her boyfriend in January after they were able to save more cash during the pandemic. Source: Lauren Niesz Like many people forced to work from home after the onset of the Covid-19 pandemic, Lauren Niesz, 26, found the conditions were not necessarily ideal. Niesz, who rented a townhouse
Polygon (MATIC) has dropped by more than 40% from its record high of $2.92, established on Dec. 27, 2021. But if a classic technical indicator is to be believed, the token has more room to drop in the sessions ahead. MATIC price chart painting classic bearish pattern MATIC’s recent rollover from bullish to bearish, followed
The Puerto Rico House of Representatives rejected a measure allocating money for bondholders and other payments connected with the court-approved Plan of Adjustment. Shortly after midnight Friday the House voted 25-21 in favor of the joint resolution, which would have amended the current year’s budget, one vote short of the needed majority for passage. The
“Sophisticated passive buying” on Bitcoin (BTC) spot exchanges coincides with the trend of BTC leaving exchanges to cold storage. The price recovery witnessed in the Bitcoin market across the last two weeks coincided with a rise in hodlers and speculative investors selling their coins, according to data provided by researcher Willy Woo. Nonetheless, BTC’s price