A “For Sale” sign hangs in front of a home in San Mateo County, California, Aug. 22, 2023. Liu Guanguan | China News Service | Getty Images Higher mortgage rates continue to take their toll on mortgage demand, especially for refinancing. Total mortgage application volume dropped 0.8% last week compared to the previous week, according
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Gracy Chen, managing director of global cryptocurrency exchange Bitget, advised her followers and friends not to scan their eyeballs in exchange for a few Worldcoin tokens.“There’s a huge privacy concern,” she tells Magazine, adding that she isn’t optimistic about its price prospects given the anticipated influx of WLD tokens in the near future. “There will
Outstanding Illinois debt is now smoke-free after the state defeased the last $449 million of bonds backed by payments from a master settlement agreement with tobacco companies. Gov. J.B. Pritzker said the move, which was included in Illinois’ fiscal 2024 budget, will save the state $50 million. “Today’s action reflects Illinois’ strong fiscal position and
Bitcoin (BTC) saw snap volatility on Sept. 13 as United States macroeconomic data showed inflation beating expectations. BTC/USD 1-hour chart. Source: TradingView Fuel, shelter boost August CPI beyond target Data from Cointelegraph Markets Pro and TradingView followed BTC price action as it threatened a fresh loss of the $26,000 mark. The Consumer Price Index (CPI) print
Rural broadband firm Bug Tussel’s first bond deal was in 2012, when Fond du Lac County, Wisconsin, issued $5.85 million of bonds and the company installed new broadband that ran at five megabytes per second. These figures seem quaint now. Bug Tussel, through Fond Du Lac County, has priced $220.9 million in bonds in partnerships
US inflation exceeded forecasts in August after fuel prices rose, but underlying price pressures eased. The headline rate of consumer prices rose 3.7 per cent year on year, according to the Bureau of Labor Statistics, up from 3.2 per cent in July and higher than consensus forecasts of 3.6 per cent. On a monthly basis,
Traders work on the floor of the New York Stock Exchange, July 12, 2023. Brendan Mcdermid | Reuters Check out the companies making headlines in midday trading. Oracle — Shares dipped more than 12% a day after the software company posted disappointing earnings and revenue guidance for its fiscal second quarter. Oracle’s revenue, which came in at
The Oklahoma Turnpike Authority could be in the municipal market as early as next month after winning conditional approval for $500 million of revenue bonds from a state oversight board. Monday’s approval by the Oklahoma Council of Bond Oversight in a 3-1 vote is subject to the resolution or dismissal of a petition for a
Executives from prominent mining and manufacturing firms believe market forces resulting from the fourth Bitcoin halving scheduled in 2024 could force the price of Bitcoin (BTC) past $100,000. Magazine editor Andrew Fenton spoke to Canaan vice president Davis Hui following a panel discussion at Canaan’s Avalon Bitcoin and Crypto Day (ABCD) in Singapore. Hui and
The price of Solana (SOL) has plunged more than 6% the last 24 hours, amid fears that bankrupt crypto exchange FTX may soon liquidate its significant portions of the token and other Solana-affiliated crypto assets. The price of Solana has fallen 6% to $18.38 in the last 24 hours. Source: CoinGecko According to a combination
The world is at “the beginning of the end” of the fossil fuel era, according to the leading global energy watchdog, which for the first time has forecast that demand for oil, natural gas and coal will all peak before 2030. New projections by the International Energy Agency forecast that the consumption of the three
In this article BABA TWNK MRNA IMTX Follow your favorite stocksCREATE FREE ACCOUNT Visitors at the Tesla booth at the World Artificial Intelligence Conference in Shanghai, July 6, 2023. Costfoto | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Tesla — Shares of the electric vehicle maker jumped 6% after
Cryptocurrency asset outflows for the week of Sept. 3 through 9 totaled $59.3 million, bringing the current run to $249 million over four consecutive weeks. Bitcoin (BTC) experienced the bulk of activity last week, with its $68.9 million in outflows offset by Short Bitcoin inflows in the amount of $15.2 million and $0.7 million from
India is working on a crypto regulatory framework based on the joint recommendations of the International Monetary Fund (IMF) and the Financial Stability Board (FSB) that could result in legal legislation in the next 5-6 months. Siddharth Sogani, the CEO of CREBACO that has worked with government agencies and ministries, told Cointelegraph that the Indian
ChargePoint electric vehicle charging station at Walnut Creek City Hall parking lot with car, trees, and clear sky in the background, Walnut Creek, California, April 18, 2023. (Photo by Smith Collection/Gado/Getty Images) Smith Collection/gado | Archive Photos | Getty Images Check out the companies making headlines in midday trading. WestRock — The stock gained 5%
Bitcoin (BTC) is recovering from a “black swan” event last rivaled by the March 2020 COVID-19 crash, data suggests. In one of its Quicktake posts on Sep. 7, on-chain analytics platform CryptoQuant revealed a major spike in loss-making unspent transaction outputs (UTXOs). CryptoQuant: Bitcoin UTXOs in Loss “mirror” March 2020 Bitcoin may be worrying market
In this article KR PL DOCU ADBE FSLR SNOW GILD Follow your favorite stocksCREATE FREE ACCOUNT The DocuSign website on a laptop in Dobbs Ferry, New York, April 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Check out the companies making headlines in premarket trading. Kroger — The supermarket chain fell 2.8% following a
On this week’s episode of “Macro Markets,” Cointelegraph analyst Marcel Pechman delves into a thought-provoking discussion on the United States Federal Reserve’s financial woes. Pechman opens by highlighting how the Fed is grappling with staggering losses and emphasizes a fundamental macroeconomic principle: that overall wealth cannot be universally enhanced as demand for goods and services grows.
China has challenged the planned US presidency of the G20 in 2026, according to officials briefed on the discussions, in a move that underscores the deep sense of mistrust between Beijing and Washington. Chinese officials used diplomatic meetings at the G20 summit in New Delhi this week to voice opposition to the US assuming the
In this article FSLR DOCU PL KR Follow your favorite stocksCREATE FREE ACCOUNT Traders work as screens display the trading information for Kroger Co and Albertsons Cos Inc. on the floor of the New York Stock Exchange (NYSE) in New York City, October 14, 2022. Brendan McDermid | Reuters Check out the companies making headlines
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