The internet service company known as Angie’s List has rebranded, revamped its website and launched a new app as it looks to further penetrate the home services industry. Under its new name, Angi wants to smooth out the home renovation process by offering consumers a single platform to connect with contractors, book and make payments.
Puerto Rico’s economy will receive a jolt from billions of dollars of federal aid this year from the American Rescue Plan as the territory works its way out of bankruptcy. Highlights of that aid include $3 billion for K through 12 schools, $308 million for childcare, and $370 million for rental, mortgage, and homeless assistance,
Federal Reserve officials sharply upgraded their growth forecasts for the world’s largest economy but signalled that they expected to keep interest rates close to zero until at least 2024. The median estimate from Fed officials now predicts that the US will grow by 6.5 per cent this year, compared with 4.2 per cent in its
According to research by strategists at leading U.S investment bank, JPMorgan Chase, retail traders are flocking to buy Bitcoin from mainstream fintech firms. JPMorgan’s data suggests that retail investors have purchased more than 187,000 Bitcoin this quarter using PayPal and Square. Retail investors are even out-buying institutions, with JPMorgan’s analysts estimating institutions have purchased 173,000
Illinois came to market Tuesday, earlier than expected with lower yields from price talk circulated Monday, as the municipal market was steady to firmer in spots. New deals from Oregon re-priced to lower yields and New York State sold tax-exempt and taxable general obligation bonds to strong demand. Triple-A benchmarks were little changed in mixed
CNBC’s Jim Cramer said Tuesday he believes it’s a favorable environment for investors to put money to work in the U.S. stock market. Positive economic signs are abound, Cramer said on “Squawk on the Street,” reading a sampling of headlines on Tuesday’s front page of The Wall Street Journal about a recovery in airline travel,
Traders work on the floor of the New York Stock Exchange (NYSE) on March 16, 2020 in New York City. Spencer Platt | Getty Images March 16, 2020 was the day when Covid got very real for market investors. It was the week everyone realized that we would be in for a prolonged shutdown. When
CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq Check out the companies making headlines after the bell on Tuesday: Coupa Software – Shares of the software company climbed 6% after Coupa reported surprise fourth-quarter earnings. Coupa reported earnings per share of 17 cents on revenue of $163.5 million. Analysts polled by Refinitiv
Topline Former Goldman Sachs executive Michael Daffey purchased convicted sex abuser Jeffery Epstein’s New York City mansion last week, a spokesman for Daffey confirmed Tuesday, with a portion of the proceeds going into a fund to pay Epstein’s victims. Key Facts Daffey bought Epstein’s 28,000 square-foot Upper East Side mansion last week for $51 million
Goldman Sachs veteran trader Michael Daffey is seen in this undated handout photo, in London, Britain. Goldman Sachs via Reuters Former high-ranking Goldman Sachs executive Michael Daffey bought a New York City mansion this month for a whopping $51 million from the estate of the late convicted sex criminal Jeffrey Epstein, his spokesman said Tuesday.
Polkadot (DOT) has emerged as one of the top-choice blockchain networks over the past year thanks to its focus on facilitating interoperability between separate networks, especially Ethereum (ETH). As a result of Polkadot’s rise to prominence, projects that have embraced the concept of interoperability and joined the Polkadot ecosystem have seen a boost in their
Bitcoin (BTC) price continues to recover from its sub-$55,000 correction and at the time of writing, traders are attempting to recapture the $57,000 level as a support. Data from Cointelegraph Markets and TradingView shows that a wave of early morning selling pushed Bitcoin price to a daily low of $53,167 and while dip buyers did
A growing number of Republican senators have introduced legislation to eliminate a provision in the American Rescue Plan that prevents states from using federal emergency relief funds to cut taxes through 2024. Idaho Sens. Mike Crapo and Jim Risch, were joined by seven of their GOP colleagues in introducing their State Flexibility Act on Monday.
Brussels is to propose the creation of a Covid-19 certificate to allow EU citizens to travel inside the bloc after a push by tourism-reliant countries devastated by the pandemic. The European Commission will on Wednesday call for a “digital green certificate” to be created that would allow vaccinated and non-vaccinated citizens to travel to other
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A new study, which was undertaken by the Slovakian internet security company Eset, finds 50% of 35 to 44-year-olds have become involved in cryptocurrencies since the pandemic. The figure, the highest for any age group, underscores the role Covid-19 restrictions had in forcing citizens from six countries into embracing crypto assets. Changed Habits and Preferences
The municipal market was steady to firmer in spots on light activity Monday, with U.S. Treasuries calmer after Friday’s sell-off and muni market participants awaiting the larger new-issue calendar Triple-A benchmarks were mostly unchanged across the yield curve and municipal to UST ratios within a tight range of Friday’s, with Monday’s 10-year at 64% and
Bill Ackman, founder and CEO of Pershing Square Capital Management. Cameron Costa | CNBC Billionaire investor Bill Ackman said Monday he donated his entire stake in Coupang — worth more than $1 billion — to charity following the South Korean e-commerce company’s IPO last week. Ackman, who runs the Pershing Square Capital Management hedge fund,
Traders work on the floor of the New York Stock Exchange. NYSE Do you have Fear of Missing Out on all this wild trading going on this year? Would you buy a FOMO fund if someone offered it to you? Some investors are betting you will. Investing in the stock market these days is like
Nikola Motor Company Two truck Source: Nikola Motor Company Check out the companies making headlines after the bell on Monday: Maxar Technologies – Shares of the space technology company slid 4% after the company announced a common stock offering of $400 million in an SEC filing. Maxar said it intends to use proceeds from the
Without a doubt, no housing markets feel more of a pull than those on the coast. From fair weather to fresh breezes to breathtaking views, coastal properties continue to be some of the most sought after, particularly in western hotspots such as Southern California and Hawaii. In this week’s real estate price comparison, I took
Morsa Images | Getty Images A pandemic migration has been underway, at least for young adults ages 18 to 31. That’s according to a Bankrate.com survey that found 31% of people in that age cohort relocated either permanently or for an extended period of time during the pandemic. That’s compared to 16% of adults overall.
Bitcoin price sold off on March 15 as bears pushed the price back into the mid-$50,000 range a few days after (BTC) hit a new all-time high above $61,000. Data from Cointelegraph Markets and TradingView shows that Bitcoin price dropped as low as $54,600 and at the time of writing, buyers have not stepped in to arrest
The Securities and Exchange Commission is set to bar from the industry a couple fined over $2 million for acting as unregistered brokers as a final step in the commission’s landmark case cracking down on “flipping” behavior. Late last week, the SEC announced it was taking its final move to bar Michael Murphy, whom a
Countries across Europe have suspended the Oxford/AstraZeneca Covid-19 vaccine on concerns the jab is linked to dangerous blood clots, even though medicines regulators and the World Health Organization say they have seen no evidence of problems so far. Germany, Italy and France on Monday followed countries including Denmark, the Netherlands and Bulgaria in pausing rollouts
Technical Analysis is a key aid used by many traders in making decisions of whether to enter or exit a market. Bar charts and standard Japanese candlesticks are popular types of charts for viewing price data. In this video, we look at a special type of Japanese candlestick chart called Heiken Ashi, explaining in detail
Over the past ten years, Bitcoin has beaten out all over asset classes by at least a factor of 10. The milestone was noted by Compound Capital Advisors’ CEO and founder, Charlie Bilello, who compiled the performances of the top asset classes using data from Ycharts. Responding to the findings, Messari researcher Roberto Talamas highlighted
Even as the tawdry mess surrounding Gov. Andrew Cuomo intensifies, New York State government still must conduct business. Just how during this whirlwind is a huge question. On Thursday, the state Assembly took the first step toward impeachment proceedings against the third-term Democratic governor over sexual misconduct accusations and an alleged cover-up of COVID-19 related