A realtor, at right, shows prospective buyers a property in Newport Beach, California. Jamie Rector | Bloomberg | Getty Images Competition in the fall housing market is falling. Just 10% of offers written by Redfin agents for their clients in October faced a bidding war, down from 39% a year ago, according to the Seattle-based
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The top position at the Treasury Department overseeing municipal finance tax issues is temporarily vacant following the departure of John Cross III. John Cross, former U.S. Treasury associate tax legislative counsel Brian Tumulty Cross, who served as associate tax legislative counsel at the Office of Tax Policy until Friday, said in an email Wednesday that
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Investment thesis Welcome to Orchid’s Palladium Weekly report, in which we discuss palladium prices through the lenses of the Aberdeen Standard Physical Palladium Shares ETF (PALL). PALL has experienced a violent sell-off since November 8, driven by long liquidation in the palladium futures market on hefty trading volumes. While this defies our Q4-19 bullish view,
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Regulated blockchain company Paxos has launched a product allowing crypto exchange customers to more easily fund their accounts with traditional money. With its new Fiat Gateway service, Paxos said Tuesday that users will be able to execute simple swaps between U.S. dollars and stablecoins, including the firm’s own Paxos Standard (PAX). Notably, Binance, the world’s largest
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Owning and maintaining beachfront property has always come with a different set of considerations than inland homes. For starters, beachfront properties require mandatory flood insurance and often have higher property taxes and management costs. These additional expenses are well worth it for many homebuyers. The positive effects of coastal living are backed by science .
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Courtesy: NYPD The New York City Police Department released video footage on Tuesday showing a group of men who they say ransacked a mansion belonging to billionaire real estate mogul Don Ghermezian, stealing $140,000 worth of luggage and jewelry. The footage shows several unidentified male suspects walking past a security camera on Saturday evening outside
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Main Thesis The purpose of this article is to evaluate the iShares Cohen & Steers REIT ETF (ICF) as an investment option at its current market price. Over the past few months, real estate has taken a bit of a breather, after helping drive market gains over the last year and a half. While funds
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LiteLink Technologies Inc. (CSE:LLT) (OTC:LLNKF) and its subsidiary uBUCK Technologies announced some exciting news this week that will offer the digital wallet and payment platform a major edge on its competition. uBUCK announced that it has signed an alliance agreement to form a strategic commercial relationship with Deltec Bank & Trust, a diversified independent financial institution that
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Bakkt is ready to store customers’ bitcoin. Intercontinental Exchange’s bitcoin subsidiary announced Monday it would provide custody services for institutional clients. Pantera Capital, Galaxy Digital and Tagomi have already signed on as initial customers for “Baakt Warehouse,” with other “marquee firms” expected to join over the next few weeks. When it first launched, Bakkt was only
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Private first-floor garage. StreetEasy via Nest Seekers Attention Little Monsters: A massive downtown Manhattan townhouse once rented by Lady Gaga is on the market for $17.99 million. The 11,000-square-foot, five-bedroom, 12-bath mansion at 347 W. 17th St. in Chelsea was built in 1920 but was recently gut-renovated, and Mother Monster is reportedly the only person
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Firefighters battle a wind driven wildfire in the hills of Canyon Country north of Los Angeles, California, U.S. October 24, 2019. Gene Blevins | Reuters California’s biggest utilities aren’t the only U.S. companies grappling with the increased force and frequency of wildfires. The number of S&P 500 firms flagging “wildfire” as a potential risk factor
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Malta-based cryptocurrency exchange Binance has agreed to help Ukraine prepare new rules for cryptocurrencies, as well as digitize the country’s finances. Announced by the exchange Wednesday, Ukraine’s Ministry of Digital Transformation has signed a memorandum of understanding (MoU) with Binance to work together on “establishing the potential legal status of virtual assets and currencies in
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Check out the companies making headlines before the bell: Walt Disney (DIS) – Disney reported quarterly earnings of $1.07 per share, 12 cents a share above estimates. Revenue also beat forecasts, boosted by a 52% increase in studio entertainment revenue amid a strong movie box office performance. Booking Holdings (BKNG) – Booking Holdings earned $45.36
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Steve and Leann Ford Reid Rolls Leanne Ford’s book (co-written with her brother Steve Ford) might be called Work In Progress, but the interior designer and HGTV star is anything but. While the book documents their charming tales of growing up together in Pittsburgh, Pennsylvania, this memoir doesn’t shy away from revealing the missteps on the
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Noelle Acheson is a veteran of company analysis and CoinDesk’s Director of Research. The opinions expressed in this article are the author’s own. The following article originally appeared in Institutional Crypto by CoinDesk, a weekly newsletter focused on institutional investment in crypto assets. Sign up for free here. To find out more about crypto valuation metrics,
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