Texas sales tax revenue for November set a record for any month at $3.18 billion, an increase of 6.2% over the same month last year, state Comptroller Glenn Hegar reported. In the same month, neighboring Oklahoma recorded its first drop in monthly receipts in more than two-and-half years, Treasurer Randy McDaniel reported. An oil pumpjack
iShares Nasdaq Biotechnology ETF (IBB) has been moving in the right direction lately, mostly because the risk of an aggressive healthcare reform that could dramatically affect pricing power for biotech stocks has significantly declined in recent months. Moving forward, the ETF still has a lot of room to recover in the years ahead, the fundamentals
Ethereum developers have proposed a hard fork, titled the Muir Glacier, which is aimed at addressing the impending Ice Age that could potentially slow down the Ethereum mainnet. A hard fork refers to a radical change to a network’s protocol that makes previously invalid blocks and transactions valid or vice-versa and requires all nodes or
The raise brings Figure’s total funding to more than $225 million and values it at $1.2 billion, according to a company press release. Aside from Morgan Creek, which led the round, and MUFG, participants included DCM, Digital Currency Group, HCM Capital, Ribbit Capital, RPM Ventures and The Partners at DST Global. While the size of
Funds move between users inside the smart contract, which is orchestrated by validators and guardians. When a contract is open, validators package transactions into blocks. Elected by guardians, validators have a near-perfect probabilistic guarantee of participating honestly with safety features such as built-in collateral (to disincentivize cheating). Users also decide when a contract closes, sending
Billionaire businessman Ken Langone told CNBC that he used Tuesday’s stock market drop as a buying opportunity. “Where else can you go to get some kind of a decent rate of return, than equities,” Langone said. “Balance sheets are in pretty good shape. I think the economy has got 1.5% to 2% in it next
Check out the companies making headlines after the bell: Joel Anderson, CEO, Five Below Scott Mlyn | CNBC Five Below — The retailer said its comparable sales rose 2.9% in the third quarter, versus the 2.6% that analysts had expected. Its shares were up over 4% in extended-hours trading. Verint Systems — Shares of the
Last month, Newsday released the shocking results of a three year undercover investigation that found rampant housing discrimination on Long Island, NY. Real estate agents frequently funneled white applicants to neighborhoods that were majority white and more affluent, while they sent applicants of color to more racially diverse and less affluent areas. The investigation found
Losing to the urban neighborhood of Crystal City in Arlington, Virginia, may not be the end story for the more than 230 cities that attempted to win the bid for Amazon‘s second headquarters. According to AOL co-founder Steve Case, the 14-month-long bidding process may have triggered these cities to keep the energy going and feel
Internet memes can be funny — and annoying — but they can also remind us of lucrative investment opportunities from time to time. A current trend is for young adults to make fun of baby boomers for being clueless. Elizabeth Tippett recently tied the “OK, boomer” fad to age discrimination in the workplace, while Grace
The muni market primary was busier than expected, as two mega deals priced one day early to take advantage of current market conditions. “Coming into today, we thought we would get one billion-dollar deal but we ended up getting three,” said one New York trader. “The food fight continues and now as for tomorrow, it
Binance, the world’s second-largest crypto exchange by daily volume, has announced that it will begin supporting Tezos (XTZ) staking and also announced its acquisition of Beijing-based DappReview, which offers data-driven research and advertising services to blockchain-based decentralized applications (dapps). Beginning from tomorrow, December 4, Binance users will be able to trade with XTZ and will
In the past 18 months, Gemini has added several senior leaders to its ranks. The former global head of financial crimes at Morgan Stanley, Noah Perlman, joined Gemini as its chief compliance officer; its chief security officer, David Damato, came from cybersecurity firm Tanium; its new general counsel, Sydney Schaub, has worked for Google and
Of concern to researchers, the variant is able to pull a payload from a remote location and run it in memory, making it harder to conduct forensic analysis. So far, the malware can be detected by very few virus detection engines, with only five raising an alert when the Bleeping Computer report was published.
If a U.S.-China trade deal is off the table, stay away from the stock market, says Jeremy Siegel, Wharton School professor of finance. The Dow Jones Industrial Average lost more than 250 points after President Donald Trump indicated he might wait until 2020 to strike a trade deal with China. The White House reportedly still plans
Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters President Trump’s comment that he had no deadline on a China deal has predictably thrown markets into a tizzy, as the self-imposed deadline of Dec. 15 for additional tariffs is now less than two weeks away. The market is now
Larry Page, co-founder and chief executive officer at Google Inc. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Shares of Google’s parent-company Alphabet edged nearly 1% higher after the company announced that Larry Page will step down as CEO and Google CEO Sundar Pichai will take
An aerial view of the downtown skyline of Dallas, Texas in 2019 Getty Reforestation is underway in Dallas parks with the replanting of trees lost from severe weather earlier this year. An unprecedented 700 trees were lost in parks alone. The devastation to the city’s mature trees is estimated to amount to 15,600 caliper inches
The home at 5 Baker Court, September 1, 2016. On Baker Court and Fields Court, near the South Bay Shopping Center, two narrow paved paths so tiny they could hardly be called streets, some longtime property owners believe they are sitting on a real estate goldmine. Pat Greenhouse | The Boston Globe | Getty Images
Should you invest in any of the new breed of non-transparent ETFs that the SEC recently approved? The best advice might be to wait and see how they are received by the market. They represent such a radical departure from the traditional ETF model , it’s unclear they will even work. To appreciate just how
A flurry of secondary trading in the 10-year spot was being driven on Tuesday by the volatility in the equity market, as well as the attractive percentage to Treasuries, as the new issues started to find their way to the Street. “In the 10-year sweet spot, munis are trading 83% of Treasuries, which is attractive,”
The closed-end fund (“CEF”) marketplace is a niche area of the public securities market that has been garnering more attention in recent years. A decade ago, investors could invest in bank CDs and generate income of 5% or more. Those days are long gone and unlikely to be coming back anytime soon. In the last
Virgil Griffith, a developer who currently works with the Ethereum Foundation, has been arrested upon arrival in the US after speaking at the Pyongyang Blockchain and Cryptocurrency Conference in North Korea in April. The United States Attorney’s Office for the Southern District of New York announced on Friday that Griffith had been arrested at Los Angeles
This added selling pressure on bitcoin, which Greenspan believes caused the 10 percent fall over the weekend, will likely prevent traders from moving into other digital assets, at the risk of taking a loss from liquidating their BTC. The lack of short selling this week suggests many traders are unwilling to speculate about future prices
“Server-side support is only half the battle, and the most critical aspect of this whole endeavour will be getting people who use Cwtch to a position where they can easily use zcash (and possibly other cryptocurrencies with similar properties) to pay for anonymous services, or even accept it themselves,” Open Privacy said in a press
Mark II Unitorque electric pumping unit at a crude oil well site outside South Heart, North Dakota. Daniel Acker | Bloomberg | Getty Images Pretty much every trade has worked on Wall Street this year except one: natural gas. Futures prices fell to a one-month low on Friday after plunging more than 12% for the
Rob Bernshteyn, CEO, Coupa Software Scott Mlyn | CNBC Check out the companies making headlines after the bell Shares of Coupa Software slipped more than 2% during extended trading after the cloud services company reported third-quarter earnings. Coupa posted earnings of 20 cents per share on revenue of $101.8 million in the third quarter. The
Share to facebook Share to twitter Share to linkedin Located in Chicago’s Gold Coast, the new 61 Banks Street features a stone façade framed in dark … [+] metal. Steve Hall @ Hall+Merrick Photographers While ultra modern, glass-and-steel exteriors have reigned supreme over the last decade, masonry and dark trim exteriors are gaining in popularity
A Puerto Rico mediator has filed a report that recommends the resumption of litigation over $22 billion of defaulted bonds, a move one expert said may be a way to put pressure on bondholders to settle. Chief Mediator Barbara Houser filed the report and recommendation just before Thanksgiving urging U.S. District Court Judge Laura Taylor
VANCOUVER, British Columbia, Dec. 02, 2019 (GLOBE NEWSWIRE) — LiteLink Technologies Inc. (“LiteLink”) (CSE:LLT)(OTC:LLNKF)(FRA:C0B), a key player in logistics platforms and payment solutions, is pleased to provide the following letter to shareholders from LiteLink Chief Executive Officer Ashik Karim. Dear Shareholders, It is my honor to write my first letter to you as chief executive
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