The question of whether pensions and other retirement benefits should be more prominently reported by state and local governments is a burning controversy for the Governmental Accounting Standards Board. What’s at stake is whether the public is being misled by when a governmental general fund is listed in financial statements as balanced while omitting those
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Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020. Johannessen-Koppitz | Bloomberg | Getty Images The second quarter of 2021 is underway, and Wall Street analysts are reviewing the stocks they cover. At the same time, concerns
People crowd outdoor dining at a restaurant as coronavirus disease (COVID-19) restrictions are eased in Ann Arbor, Michigan, U.S., April 4, 2021. Emily Elconin | Reuters The economy has entered a period of supercharged growth, and instead of fizzling, it could potentially remain stronger than it was during the pre-pandemic era into 2023. Economists now
This sculptural home in the Sydney suburb of Castle Cove evokes a winged creature nestled into the hillside above the bay. The distinctive shape comes from the structure’s cantilevered rooflines, which slope gently down from the edges, and its trapezoidal concrete walls. Merged with steel, glass and wood, the home feels firmly grounded in the
The economy is reopening at a fast pace. Restaurants, sports arenas and even offices are filling up again as pandemic restrictions lift. And that means many folks who have been sequestered in their homes for the past year are venturing forth, even if they don’t exactly look the same. The stressful and sedentary nature of
Over the past six months blockchain projects that have issued token airdrops have re-emerged. Most notably, the airdrops by Uniswap (UNI) and MEME will be remembered as recipients were rewarded with gains ranging from $20,000 to $600,000 simply for holding the tokens. One Ethereum (ETH) competitor that has seen numerous projects launch with airdrops in the
Stephanie Wiggins has been tapped to head the Los Angeles County Metropolitan Transportation Authority as the transit agency struggles to recover from pandemic-driven ridership losses. As LA Metro’s CEO, Wiggins will manage a budget of nearly $7 billion and oversee up to $20 billion in capital construction projects. The agency has 11,000 employees that transport
After a slow start marred by delays and supply shortages, Europe’s vaccination drive is stepping up a gear in nations including France, Germany and Italy even as they struggle to control a third wave of the pandemic. France announced an acceleration of its much-criticised Covid-19 vaccination campaign on Sunday, increasing the gap between the two
These new ETNs provide triple leveraged, upside and downside exposure to the hottest tech stocks. BMO-RM FG I3XL: https://www.zacks.com/funds/etf/FNGU/profile?cid=CS-YOUTUBE-FT-VID BMO-RM FG I3XIL: https://www.zacks.com/funds/etf/FNGD/profile?cid=CS-YOUTUBE-FT-VID Facebook: https://www.zacks.com/stock/quote/FB?cid=CS-YOUTUBE-FT-VID Apple: https://www.zacks.com/stock/quote/AAPL?cid=CS-YOUTUBE-FT-VID Netflix: https://www.zacks.com/stock/quote/NFLX?cid=CS-YOUTUBE-FT-VID Google: https://www.zacks.com/stock/quote/GOOGL?cid=CS-YOUTUBE-FT-VID Amazon: https://www.zacks.com/stock/quote/AMZN?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
press release PRESS RELEASE. YFX.COM is the world’s first decentralized cross-chain perpetual contract exchange. While other trading platforms that provide leverage alternatives exist, YFX.COM is trailblazing a decentralized alternative to centralized exchanges and perpetual futures trading without a central intermediary. YFX.COM does this by taking advantage of different protocols across the cryptocurrency landscape. Through a
Florida has filed a federal lawsuit against the Biden administration and the Centers for Disease Control and Prevention for safety orders that have continued to keep cruise ships locked at the dock amid a pandemic that killed dozens of cruise ship passengers in the early days of the outbreak. The suit alleges that the Centers
Wharton School finance professor Jeremy Siegel said Thursday he expects the stock market’s rally will persist at least throughout this year. However, he told CNBC that investors will have to be cautious once the Federal Reserve adjusts its highly accommodative monetary policies. “It isn’t until the Fed leans really hard then you have to worry. I mean,
A man wears Levis Strauss & Co. clothing during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, U.S., on Thursday, March 21, 2019. Jeenah Moon | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Levi Strauss – Shares of the retailer jumped
Much like Beverly Hills in Los Angeles or Tribeca in New York, the eastern Honolulu neighborhood of Kahala is famous for the affluence of its residents. Billionaires, celebrities and business moguls worldwide have gravitated to the oceanfront enclave, buying luxury mansions and a paradise where soft-sanded beaches and green expanses of the iconic Diamond Head
After looking at more than 50 houses and writing 17 offers, Taryn and Antonio Orellana recently closed on a house in Lakewood, Calif. Source: Taryn Orellana When pandemic life began to feel too tight inside the one-bedroom apartment Taryn Orellana shared with her husband, Antonio, she knew they had to move. In October, the couple
Filecoin (FIL) is one of the most prominent coins in the storage sector of cryptocurrencies. In the past month, the price and market capitalization of FIL has rocketed to new highs. On April 1, the coin reached $233.68 along with breaking into the top 10 cryptocurrencies by market capitalization. Basically, Filecoin is a decentralized cloud-based
The municipal market took a breather on Friday after a busy week which brought with it continued strength as triple-A general obligation yield curves were largely unchanged and Treasuries were stronger. A hefty slate of taxables, corporate CUSIP and unversity-led issues will dominate the calendar next week. An estimated $7.33 billion of new supply is
Chinese regulators have fined Alibaba a record Rmb18.2bn ($2.8bn) after finding that the ecommerce group had abused its market dominance. The fine, which was set at 4 per cent of Alibaba’s 2019 revenues, concludes an antitrust investigation into the company founded by Jack Ma. It comes as Chinese authorities have stepped up scrutiny on dealmaking
Data center spending is going to be central focus in business capital allocation this year and here is a way to capitalize on this. EDIT: I misspoke when I cited the ticker as EQX. Equinix’s ticker is EQIX.
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The debate around the environmental impact of the Bitcoin mining ecosystem is heating up once again as academics have provided a fresh dose of perspective on the subject. In an opinion piece written by Noah Smith, a former assistant finance professor turned columnist, took aim at the Bitcoin (BTC) mining industry in March, suggesting that
Chicago will host a virtual investors’ conference May 6 with the municipal market looking for insights into how the city will use its $1.8 billion of new federal relief, manage rising pension payments and the long-term COVID-19 fiscal fallout. The city has so far only sent out a “Save the Date” for the May 6
Blackstone‘s Byron Wien on CNBC on Friday projected that Wall Street will get hit by another correction before the bull run resumes and stocks end the year higher than current levels. Inflation will shoot up faster than most forecasts, which will drive the Federal Reserve to tighten monetary policy and likely lead to a market
Traders on the floor of the New York Stock Exchange Source: NYSE Earnings season starts with a rare confluence of bullish factors: stocks at new highs, economic reports exceeding expectations, the vaccine rollout accelerating, an uber-dovish Fed, higher tax fears diminishing, and most importantly, expectations that CEOs will provide far more guidance than they did
A man wearing a protective face mask walks by 14 Wall Street in the financial district of New York, November 19, 2020. Shannon Stapleton | Reuters The earnings reporting season gets underway in the week ahead, and it is expected to be a positive catalyst that could continue to send stocks higher for now. The
Just before a power lunch at Sant Ambroeus in Palm Beach, real estate billionaire Jeff Greene picks up the phone to discuss the past year’s “huge migration” to Southern Florida. “People have realized that they can get a much higher quality life and still make the same amount of income,” he says. “I’ll see more
In this article ZG DAI-DE Zillow President Susan Daimler told CNBC on Friday that the housing market remains hot, despite the drop in pending home sales in the month of February. The National Association of Realtors reported that signed contracts on existing homes declined more than 10% that month from January. Daimler said it was
The internet has reshaped society over the past 40 years and experts are predicting that digital technologies and artificial intelligence (AI) will continue to transform how humans interact with data for the foreseeable future. One AI-focused cryptocurrency project that has seen tremendous growth since the beginning of 2021 is SingularityNET (AGI) and its talented humanoid
Federal Reserve Vice Chair Richard Clarida said policy makers will await evidence on whether they’re reaching their goals on price stability and employment before adjusting monetary policy. “It’s not projective progress — it’s hard numbers on the labor market and on prices” that the Fed is looking for, Clarida said Friday in an interview on
Workers at an Amazon warehouse in Bessemer, Alabama, have voted resoundingly against unionisation, a major blow to the US labour movement and its hopes of gaining a foothold within the ecommerce giant. Around 55 per cent of the facility’s almost 6,000 workers cast a postal ballot. The “no” vote passed the required threshold of 1,607