David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs is giving its top managers a new perk more common in the tech industry: the ability to take as much vacation time as they want. The investment bank told managing directors and partners last
In this article TTWO TME UAL A United Airlines passenger plane is loaded at the capital’s BER airport before its first flight from BER to New York’s Newark Airport. On flights to the U.S. East Coast, Berliners and Brandenburgers no longer necessarily have to change planes. From Monday, United Airlines will connect Schönefeld directly with
The Biden Administration just announced its Housing Supply Action Plan with 19 immediate steps. Their top priority is to reform local zoning. On the upside, the Plan focuses on new funding for new construction instead of new funding for buying existing houses which just increases house prices and makes housing less affordable. On the downside,
A major Wall Street firm is drawing a striking parallel to the housing bubble. Blackstone’s Joe Zidle calls homes almost as unaffordable as the 2007 peak. Yet, he believes a crash is unlikely due to a major difference: Most owners aren’t using their homes like an ATM. “That caused so many people to go upside
Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated that the country is working on a framework to allow the taxation of cryptocurrency income gains following the principles of “justice” and “efficiency,” and
In this week’s episode, I ask the question of does technical analysis actually works? And why does it work? For some of you who are a little more skeptical about technical analysis or are just getting into technical analysis, I want to share with you the concept of technical analysis. Also, I want to share
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Municipals were little changed and U.S. Treasuries were mixed in what amounted to a relatively quiet day for fixed-income markets, while equities were mixed to end the day. Municipals took more of a wait-and-see approach ahead of a calendar filled with general obligation bonds from credits across the spectrum. Municipal to UST ratios were still
New York City got some good news just as it prepares to come to market with more than $1 billion of general obligation bonds next week. Fitch Ratings revised the outlook on the city’s AA-minus rated GOs to positive from stable citing improved revenue performance as the city sees a recovery from the COVID-19 pandemic.
China’s economic activity contracted sharply in April as a wave of lockdowns across the country posed the most significant challenge to its growth prospects since Covid-19 emerged over two years ago. Retail sales, the country’s main gauge of consumer activity which had already entered contraction in March, slumped 11.1 per cent year on year, compared
As the dust settles from the Terra ecosystem crash, and the community decides what the next steps should be, the CEO of a validator runner in South Korea thinks the old Terra chain should be shut down permanently. Jiyun Kim, CEO of blockchain solutions company DSRV, wrote an opinion post on his own behalf, detailing
In this article ZI COST CI COUR GDOT Megan Leonhardt | CNBC Friday’s rally gave investors a bit of respite from the latest bout of stock market tumult, but more volatility is likely ahead. It doesn’t help that inflation continues to bite, and the Federal Reserve’s move to raise rates has created further uncertainty. Wall
In this article TWTR AFRM HOOD TOST MSTR Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter tumbled 14.6% in premarket trading after Elon Musk tweeted that his deal to buy the company was “temporarily” on hold, as he awaits details on the number of fake and spam accounts on the
Albi, set on the Tarn River in the south of France, has many claims to fame. The Episcopal city boasts the Cathedral Basilica of Saint Cecilia with its fortress-like brick exterior and lavish interiors. The consistent French Gothic architecture earned the cathedral, built over 200 years from the 13th and 15th centuries, a UNESCO World
Laguna Niguel, California May 11, 2022- Firefighters battle a brush fire at Coronado Pointe in Laguna Niguel Wednesday. Wally Skalij | Los Angeles Times | Getty Images Raging New Mexico and California wildfires may offer an ominous outlook for a growing swath of America, and not just in the West. Wildfire risk is increasing, likely
There’s a lot of things you can do when it comes to reading stock charts. You can play with a lot of different tools and make your charts look great, to be more efficient and make better trading decisions. So today, I’m going to share with you 6 tips to reading and understanding stock charts
Tracey Ryniec and David Bartosiak, Stock Strategists at Zacks Investment Research, discuss the future of chip maker Ambarella, Inc. (AMBA). Shares have plunged 35% from its all time highs earlier this summer on fears that the company may be a one-trick pony with GoPro (GPRO) as its most prominent customer. A rare earnings miss and
Federal Reserve Bank of Cleveland President Loretta Mester backed raising interest rates by half percentage points at the central bank’s next two policy meetings in order to tamp down surging inflation. “Unless there are some big surprises, I expect it to be appropriate to raise the policy rate another 50 basis points at each of
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Dominik Schiener, a co-founder of the Iota Foundation, a nonprofit organization, and the creator of the Tangle, a permissionless,
As gas prices hit a fresh record high Friday, some analysts wonder when they will begin to impact the credit quality of transportation assets, like toll roads and airlines. Not now, S&P Global Ratings said in a report, but that could change if high prices stick around. “From a historical perspective, volatile fuel prices have