Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A US warship deployed to the Middle East shot down three cruise missiles and several drones fired by Iranian-backed rebels in Yemen that may have been aimed at targets in Israel, the Pentagon has said.
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In any commercial lease, one major issue relates to the work that needs to be done to prepare a space for the tenant’s occupancy. Usually, the landlord will deliver the space pretty much as is, or with certain limited work completed. Then it’s up to the tenant to build out the space so it meets
Tarpon Isle, a private island in Palm Beach, Florida. CNBC From Palm Beach to Miami Beach, luxury home prices in Florida’s richest enclaves are reaching new records as billionaires and millionaires continue to buy up property. The average sale price of a home in Palm Beach topped $20 million in the third quarter, making it
Bitcoin (BTC) kept pressure on $28,500 after the Oct. 19 Wall Street open ahead of a key speech on United States economic policy. BTC/USD 1-hour chart. Source: TradingView Lepard: Powell may flip “very dovish” Data from Cointelegraph Markets Pro and TradingView showed BTC price action gaining strength ahead of commentary by Jerome Powell, chair of
Partners in the development of a pair of nuclear reactors in Georgia have settled a legal dispute that threatened the project’s underlying financing structure. Investor-owned Georgia Power and cooperative Oglethorpe Power, primary partners on the construction of two new nuclear reactors at Georgia Power’s Plant Vogtle in Waynesboro, recently agreed to new terms regarding cost-sharing
Ethereum layer-2 scaling solutions Starknet and zkSync are among the few platforms to have increased their total monthly active developer counts over the last 12 months, data shows. While Starknet and zkSync only recorded increases of 3% and 6% respectively, the likes of Ethereum, Polygon and Solana saw their counts fa by 23%, 43% and
Sui’s native SUI token has struggled to regain ground after plunging more than 9% amid allegations from South Korean regulators, which have accused the Sui Foundation of manipulating the supply of the token for its own gain. SUI token gained a little under 1% in the last 24 hours after falling from $0.41 on Oct.
Municipals faced more pressure Wednesday and two billion-dollar-plus deals for Connecticut and the New York City Transitional Finance Authority saw yields rise up to 12 to 13 basis points from Tuesday’s retail pricings while the third consecutive week of $2 billion plus outflows were reported. U.S. Treasuries saw more losses and equities sold off. Triple-A
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US president Joe Biden landed in Israel on Wednesday amid a storm of recriminations over an explosion at a hospital in Gaza that, according to Palestinian officials, killed hundreds of people and inflamed tensions in
In recent studies, we have analyzed and zeroed-in on the richest cities in a number of states of the U.S. South, including Alabama, Florida, and Georgia. We determined the wealthiest cities in each case based on scoring several key financial factors. This time around, we’re looking at another state, one that straddles the South and
JB Reed | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage rate hit 8% Wednesday morning, according to Mortgage News Daily. That is the highest level since mid-2000. The milestone came as bond yields soar to levels not seen since 2007. Mortgage rates follow loosely the yield on the 10-year
Bitcoin (BTC) is up over 70% so far in 2023, helped by a banking crisis and hopes about a spot BTC exchange-traded fund (ETF) approval in the United States. BTC/USD daily price chart. Source: TradingView So, will Bitcoin price continue to climb for the rest of 2023? Cointelegraph takes a look at its chances and
The city of Fishers, Indiana, is planning a $170 million lease rental revenue bond sale to finance construction of an arena for a minor league hockey team, a move that sparked a downgrade to the city. The Fishers Town Hall Building Corp. is on the calendar this week to price $160 million of tax-exempt Series
Reddit has said it will soon shutter its long-running, blockchain-based rewards service “Community Points,” citing scalability concerns. In an official Oct. 17 announcement in the r/cryptocurrency subreddit, a Reddit team member said while the platform saw “some future opportunities for Community Points, there was no path to scale it broadly across the platform.” The Community
Amid a busy new-issue day, munis could not help but follow a U.S. Treasury selloff that was led by stronger economic data, reaffirming that rates will remain higher for longer. Equities were down late in the session. “The ‘higher for longer’ interest rate narrative continues to have a significant impact on all fixed income markets,”
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Gaza’s health ministry said hundreds of people had been killed after an Israeli strike hit an outdoor area attached to a hospital in the besieged Palestinian territory. The Palestinian health ministry, which is run by
In recent studies, we analyzed and identified the richest cities in a number of states of the U.S. South, including Alabama, Florida, and Georgia. based on scoring several key financial factors. This time around, we’re looking at another Southern state— South Carolina, the Palmetto State. We analyzed over 400 cities in the state in order
In this article NWSA Follow your favorite stocksCREATE FREE ACCOUNT Activist investment firm Starboard Value is pushing for change at News Corp. – in particular to see its real estate business separated from the rest of the company. Starboard CEO Jeffrey Smith told CNBC’s David Faber on Tuesday that the firm is building a position
Cryptocurrency exchange Binance.US has updated its terms of service, hinting that direct withdrawals in United States dollars are no longer supported on the platform. Binance.US updated its terms of service on Oct. 16, modifying the section about the “BAM Fiat Wallet,” referring to Binance.US services related to U.S. dollar custody. In the updated terms, Binance.US
Wisconsin ended fiscal 2023 on June 30 with record-high balances of $7.07 billion for its budget and $1.8 billion in its rainy day fund, the state announced Monday. General purpose revenue tax collections totaled almost $21 billion, up 2.1% from fiscal 2022, which ended with a nearly $4.3 billion budget balance, according to a 2023
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