US investors were battling to keep hopes of a year-end Santa rally alive as investor optimism about China’s reopening plans was countered by worries about the specific impact on some of the market’s biggest companies. Beijing’s decision to scrap inbound quarantine requirements gave a general boost to shares earlier on Tuesday, notably in China, as
The Board of Governors of Citizens Property Insurance Corp. voted Thursday to approve a transition plan as President and CEO Barry Gilway prepares to step down next year after more than a decade at the helm of the state-sponsored insurer. Gilway, 77, will work with chairman Carlos Beruff on to find a successor as the
Bitcoin (BTC) is beating records this Christmas as sub-$17,000 price action sparks unrivaled pain for hodlers. Data from on-chain analytics firm Glassnode shows that both short-term and long-term investors are sitting on more losses than ever before. New or old, Bitcohodlers nurse serious losses Since the FTX meltdown sent crypto markets tumbling, BTC/USD has failed
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In this article UAA KMX TSN MU Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: CarMax (KMX) – The auto retailer’s stock slumped 12.7% in the premarket after its quarterly profit and revenue fell well short of estimates. CarMax earned 24 cents per share, compared with a consensus
Cointelegraph looks back on the best and worst-performing cryptocurrencies of 2022 among the top 100 assets by market capitalization. We used the highest and the lowest year-to-date (YTD) returns through the close of Dec. 25, 2022. Overall, Cryptoindex.com 100 (CIX100), an index that tracks the 100 best-performing cryptocurrencies, fell nearly 68% YTD, suggesting most top
Almost half a century ago, Boston’s skyline went from ordinary to extraordinary with the arrival of the then-new Hancock and Prudential skyscrapers. In the decades since, the city has watched as its homegrown companies have led the nation in one advancement after another, bringing transformative innovation to medicine, technology and education. Some felt, however, that
The Michigan Department of Transportation has delayed plans to sell $1.9 billion of trunk line road bonds as it confronts “project cost changes and other pressures.” In September, the departmentsaid it would tap all $1.9 billion of its remaining borrowing authority under the $3.5 billion Rebuilding Michigan road program with an eye to entering the
China will remove quarantine requirements for inbound travellers from January 8 as the country dismantles the remnants of a zero-Covid regime that closed it off from the rest of the world for almost three years. The National Health Commission on Monday unveiled the move as part of a wider announcement that downgraded the country’s management
Japanese regulators are reconsidering some major cryptocurrency restrictions related to the use of stablecoins like Tether (USDT) or USD Coin (USDC). The Financial Services Agency (FSA) of Japan will lift the ban on the domestic distribution of foreign-issued stablecoins in 2023, local news agency Nikkei reported on Dec. 26. The new stablecoin regulations in Japan
West Virginia municipalities will receive fresh federal funds to address dated waste infrastructure networks long overdue for upgrades. The U.S. Department of Agriculture’s Rural Development Program will provide $2.2 million for “18 critical projects across West Virginia,” the state’s two senators said Tuesday in a news release, supporting efforts ranging from upgrades to telecommunications technology
The Argentine Peso has experienced a sudden fall vs the U.S. dollar, falling to a 5-month low in its blue rate, one of the many parallel exchange rates of the country. The reasons for this fall, besides the abundance of pesos due to holiday-related payments, and the battle between President Alberto Fernandez and Argentine courts.
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In this article AMBA META AMZN COST NVMI Follow your favorite stocksCREATE FREE ACCOUNT Shoppers line up outside a Costco to buy supplies after the Hawaii Department of Health on Wednesday advised residents they should stock up on a 14-day supply of food, water and other necessities for the potential risks of novel coronavirus in
People who lost their jobs wait in line to file for unemployment following an outbreak of the coronavirus disease (COVID-19), at an Arkansas Workforce Center in Fort Smith, Arkansas, U.S. April 6, 2020. Nick Oxford | File Photo | REUTERS Recessions often take everyone by surprise. There’s a very good chance the next one will
After decades of rapid population increase, Florida now is the nation’s fastest-growing state for the first time since 1957. That’s according to a new report from the Census Bureau’s Vintage 2022 population estimates released today. Florida’s population increased by 1.9% to 22,244,823 between 2021 and 2022, surpassing Idaho, the previous year’s fastest-growing state. “While Florida
A worker walks on the roof of a new home under construction in Carlsbad, California. Mike Blake | Reuters Homebuilders were less confident about their business in December, but they are starting to see potential green shoots. Builder sentiment in the single-family housing market dropped 2 points to 31 in December on the National Association
The New York Metropolitan Transportation Authority Board approved a $19.2 billion budget for 2023 and a four-year financial plan. The budget includes a 5.5% fare increase for next year and envisions a 4% increase in 2025. “I’ve been talking about the financial crisis facing the MTA for many months,” MTA Chair and CEO Janno Lieber said