In this article MRNA DKNG AN ALB ABNB DE Follow your favorite stocksCREATE FREE ACCOUNT Deere’s autonomous 8R tractor Deere Check out the companies making the biggest moves midday: Deere — Shares rose 7.53% after the company reported earnings-per-share of $6.55 for its fiscal first quarter, topping the $5.57 expected by analysts polled by Refinitiv.
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The upcoming Ethereum Shanghai hard fork is slated to occur in March 2023, and the upgrade will cap off the network’s move to proof-of-stake (PoS), which started during the Merge on Sept. 15, 2022. Once Shanghai is implemented, previously locked Ether (ETH) will gradually become liquid for the first time since December 2020. According to on-chain Etherscan data,
Topline Prospective home buyers are once again starting to shy away from buying a house as stubbornly high inflation readings push mortgage rates to the highest level since November—spurring a renewed slump in home-buying demand as experts caution the housing market’s recovery will be highly contingent on how quickly the economy can tame rising prices.
Property tax cuts and expanded school vouchers will be fast tracked for consideration by Texas lawmakers after Gov. Greg Abbott included them in a list of emergency items for the legislative session. In his Thursday evening State of the State address, the Republican governor also said he will soon announce a $100 billion transportation infrastructure
Welcome back. Maia Sandu, the pro-western president of Moldova, accused Russia this week of plotting to overthrow her country’s democratic institutions. It’s time to pay more attention to Moldova — and to recognise that not every problem in this precarious, politically splintered state on Ukraine’s south-western border is connected directly to Russia’s war next door.
The Rhode Island Housing and Mortgage Finance Corp. plans to price $135 million of special revenue bonds Wednesday to support its affordable mortgage program for first-time and lower income home buyers. The issuer, also known as RIHousing, is the state’s housing finance agency. The largest of the three tranches of Homeownership Opportunity Bonds is the
The total crypto market capitalization rejected at $1.13 trillion on Feb. 16, but there was no change in the month-long ascending channel structure. More importantly, this level represents a 43% gain in 2023, which is far from the $3 trillion level achieved in November 2021. Still, the current recovery is notable. As shown above, the
Bitcoin fell below the $25,000 mark on Friday, as markets moved into consolidation, following recent gains. Prices fell by almost $1,700 in the last 24 hours, with the global cryptocurrency market cap down 1.89% as of writing. Ethereum also dropped, after breaking into the $1,700 level on Thursday. Bitcoin Bitcoin (BTC) fell sharply below a
In this article AN TXRH RDFN CHRW AMAT ROKU DE DASH DKNG Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | LightRocket | Getty Images Check out the companies making headlines before the bell: DraftKings — DraftKings shares surged more than 8% after the sports betting company posted fourth-quarter results that beat expectations. The company
The United States Securities and Exchange Commission’s (SEC’s) lawsuit against Terraform Labs and its co-founder Do Kwon could be seen as an SEC “roadmap” to taking down other stablecoins, according to a lawyer. Gabriel Shapiro, general counsel at investment firm Delphi Labs, explained to his 33,800 Twitter followers on Feb. 16 that the SEC’s arguments
Topline The number of homes scooped up by investors fell at a record pace last quarter amid higher mortgage rates and forecasts calling for substantial declines in home prices—further clouding the outlook for real estate investing but a positive development for potential home buyers looking to reap the benefits of falling housing prices. Key Facts
Illinois Gov. J.B. Pritzker unveiled a $49.6 billion general fund fiscal 2024 budget that banks on still-healthy economic trends to allow deposits into the budget and pension stabilization funds while lifting spending for education and other areas. The $49.6 billion general fund is part of a $118.9 billion spending package and taps most of $49.9
European stocks fell and yields on US Treasuries rose in early trade on Friday as robust economic data and hawkish comments from officials fanned fears that the Federal Reserve would keep interest rates high to combat inflation. The Europe-wide Stoxx 600 was down 1 per cent while Germany’s Dax fell 1.1 per cent. France’s Cac
The Georgia Ports Authority and the Army Corps of Engineers have signed an agreement to expand the Port of Brunswick, a move state officials said will help prepare the port for expansion. The agreement, announced Monday, clears the way for the Corps to begin dredging and widening certain sections of the port to accommodate larger
While the U.S. Federal Reserve (FED) continues to monitor the overheated economy, the most likely scenario is further interest rate hikes to curb inflation. The unintended consequence is the heightened government debt cost, creating a bullish environment for scarce assets such as commodities, stock market and cryptocurrencies. Bitcoin’s price gain practically extinguished bears expectation for
In this article SAM CSCO TRIP HAS SHAK SPCE Follow your favorite stocksCREATE FREE ACCOUNT Sopa Images | Lightrocket | Getty Images Check out the companies making the biggest moves premarket: Shake Shack — Shares of the quick-service restaurant chain rose slightly after reporting a narrower loss than expected and same-store sales rose 5% year
Roughly one-third (31.2%) of home purchases were paid for with all cash in December, according to a new report from Redfin, a technology-powered real estate brokerage. That’s up from 28.8% a year earlier but down from the eight-year high of 31.9% hit in November. The share of homes bought with cash remains elevated above pre-pandemic
The Pentagon is reviewing its weapons stockpiles and may need to boost military spending after seeing how quickly ammunition has been used during the war in Ukraine, the most senior US military official said. General Mark Milley, chairman of the joint chiefs of staff, said the return of 20th-century ground warfare tactics in Europe was
President Biden on Tuesday urged county officials to put federal stimulus dollars to work investing in affordable housing among other things, while also touting his tax policy and infrastructure accomplishments. Biden made his comments at the National Association of Counties conference in Washington. Biden is fresh off a well-received State of the Union Address in
Matter Labs, the firm managing Polygon, announced that the beta version of its zero-knowledge Ethereum Virtual Machine (zkEVM) would launch on March 27, 2023. It’s possible that Polygon will enjoy a first-mover advantage in this space by launching a public mainnet before zkSync and Scroll. Zk-based roll-up technology is accepted as the gold standard for scaling. The