Santa Barbara’s nickname as “the American Riviera” may sound like an overreach. But spend time driving into hillside neighborhoods where winding roads lead to balconies and patios on Spanish-style homes high above the ocean and you’ll quickly see the resemblance to the Mediterranean Sea. Nowhere is this truer than in the Riviera neighborhood. It’s one
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Federal Reserve Bank of Atlanta President Raphael Bostic called for continued interest-rate hikes to above 5% ensure that inflation returns to the central bank’s target and doesn’t reaccelerate in a pattern similar to the 1970s. “I think we will need to raise the federal funds rate to between 5% and 5.25% and leave it there
Let’s take a look at a butterfly options strategy on LOW (Lowes) and see how we would construct the trade and when we would get out of the options strategy. In this options strategy, we will go over the construction of the butterfly strategy as well as how we might trade it and why we
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Bitcoin (BTC) miner Marathon Digitial will reissue a number of previous financial statements after the Securities and Exchange Commission (SEC) pointed out some accounting errors the firm made. According to a Feb. 27 SEC filing, Marathon will restate its unaudited Q1, Q2, and Q3 quarterly reports from both 2021 and 2022 in addition to its
Municipals were steady to end a month that saw anemic supply and muni yields selling off. U.S. Treasuries were firmer out long, and equities ended down. The three-year muni-UST ratio was at 62%, the five-year at 63%, the 10-year at 66% and the 30-year at 91%, according to Refinitiv MMD’s 3 p.m. ET read. ICE
Jaguar Land Rover owner Tata Motors is demanding more than £500mn of government aid for a new battery factory in Britain, in a decision set to be “pivotal” for the future of the UK car industry. People briefed on discussions say the Indian group is close to choosing between Spain and south-west England for its
In a new blog post published on Feb. 28, Ethereum (ETH) co-founder Vitalik Buterin documented the continued need to improve the namesake network to better facilitate ETH as a means of payment. In one instance, Buterin shared how he tried to pay for tea for himself and friends at a coffee shop in Argentina in
Maskot | Maskot | Getty Images The income and wealth gaps between people of color and white households are wide, but state-run retirement programs are attempting to help workers find parity. As many as 67% of private-industry workers had access to retirement plans in 2020, according to the U.S. Bureau of Labor Statistics. A significant
In this article HIMS AAP DISH TGT UHS META WDAY CELH NCLH ZM Follow your favorite stocksCREATE FREE ACCOUNT The Norwegian Dawn cruise ship arriving in the French Mediterranean port of Marseille, July 27, 2021. Gerard Bottino | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Tuesday.
Black Americans represent less than 5% of residential real estate developers, largely because they can’t get equal access to capital, according to a recent report by the Urban Land Institute. Institutional capital – real estate investment trusts and private equity in particular – are the dominant players. Black developers often don’t have exposure to those
Fritz Stradling, who co-founded Stradling Yocca Carlson & Rauth’s public finance practice, died peacefully in his sleep on Feb. 17. He was 96. He and his fellow co-founders of Stradling’s public finance practice, John Murphy and Tom Clark, are credited with helping to give California bond law firms stature in the public finance world. “Before
Crypto ATM installations have seen a steady decline across the world over the past several months. While some ATMs have been taken out of operation due to geopolitical tensions and revenue decline, providers like Bitcoin Depot have started converting their physical Bitcoin (BTC) ATMs to software. Bitcoin Depot recently converted all of its 7,000 crypto
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he considers all crypto tokens other than bitcoin as securities. While acknowledging that crypto tokens may have different setups, he stressed that “at the core, these tokens are securities.” SEC Chair Believes All Crypto Tokens Other Than Bitcoin Are Securities The chairman of
MassachusettsGov. Maura Healey unveileda tax relief proposal Monday, a key feature of her administration’s fiscal year 2024 budget due to be presented to lawmakers on Wednesday. “This proposal centers affordability, competitiveness, and equity each step of the way, delivering relief to those who need it most and making reforms that will attract and retain more
Britain and the EU clinched a deal on Monday to settle their toxic dispute over Northern Ireland trading rules in a turning point after years of post-Brexit tensions. Rishi Sunak, UK prime minister, and Ursula von der Leyen, European Commission president, sealed the agreement in the shadow of Windsor Castle, with both talking of a
In the fall of 2021, a skeletal metal frame stood among the various implements at a construction site on a quiet hillside in the ski town of Snowmass Village. Posted on the site’s fence, a sign with a rendering for an upcoming luxury condominium―Electric Pass Lodge―was covered by a yellow banner in bold letters, “SOLD
A decision last week by the U.S. Supreme Court not to hear a case out of Arkansas could fuel more legislative attempts to cut companies off from doing business, including municipal bond underwriting, with state and local governments if their policies are considered harmful to certain industries. The litigation challenged a 2017 Arkansas law requiring
In this video, we will be talking about three ways to find weekly options to trade on your stocks or ETFs. Know which risks you should be looking out for when trading weekly options. Check this out and start earning more from trading weeklies in options! Sponsored by VectorVest: a simple source for market guidance
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