Gary Gensler, chairman of the Commodity Futures Trading Commission (CFTC), speaks during a Senate Banking Committee hearing in Washington, D.C., U.S., on Tuesday, July 30, 2013. Andrew Harrer | Bloomberg | Getty Images Securities and Exchange Commission Chairman Gary Gensler kicked off an ambitious regulatory agenda this year – and his agency is pushing forward
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The increasing pressure of inflation on the American economy, and household, is making cost of living an even greater issue than it had already been. According to the Bureau of Labor Statistics (BLS), the consumer price index for all items increased by 7% over the last 12 months from December 2020 to December 2021. That’s
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Municipals were weaker Tuesday amid another spike in U.S. Treasury yields while equities rallied. The primary market was active, with Washington selling $743.5 million of general obligation bonds at similar spreads to its last deal in November. The South Carolina Public Service Authority priced $930 million of revenue refunding bonds while the state of Ohio
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Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines after the bell: Chipotle — Shares of the Mexican fast-food chain rose more than 8% in after-hours trading after the company reported quarterly earnings that topped analyst expectations. Menu price hikes helped offset inflation without hurting customer demand. However, Chipotle said it
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Today, Singapore-based crypto exchange, Bybit, announced a new partnership with digital assets institution Cabital for EUR and GBP on-ramp integration.  Bybit crypto exchange platform users can now use EUR and GBP to buy cryptocurrency directly on the system through Cabital’s fiat on-ramp solution, with no transfer fees between their Bybit and Cabital wallets. According to
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press release PRESS RELEASE. Cappasity’s platform will allow retailers to create immersive NFTs easily and quickly. The proprietary utility token CAPP will be used in the provision of NFT services. Cappasity lets companies create and deliver 3D/AR experiences to blur the line between online and in-store shopping. It is the first scalable and easy-to-adopt solution
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Two Good Defensive Plays. Southern Company: https://www.zacks.com/stock/quote/SO?cid=CS-YOUTUBE-FT-VID Johnson & Johnson: https://www.zacks.com/stock/quote/JNJ?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
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Bob Cortright of DriveWealth Source: DriveWealth DriveWealth, the SoftBank-backed start-up that helps fintech firms like Revolut offer stocks, is getting into cryptocurrency trading, CNBC has learned. The New Jersey based start-up, valued at $2.85 billion in a recent fundraising, is acquiring a crypto firm founded by Harvard-trained quants and launching two subsidiaries to handle and
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A new partnership between global crypto exchange Binance and South Korean entertainment company YG will see the two companies strive for a more sustainable framework for future NFTs collaborations. YG manages a number of notable Kpop stars including BLACKPINK, BIG BANG, and WINNER. The Feb. 8 announcement stated the Memorandum of Understanding (MoU) will reportedly
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Southern California’s Topanga Canyon is known for magnificent residences and famous neighbors. Still, celebrity hatmaker Nick Fouquet’s geodesic dome home stands out as a stunning residence with expansive views and a fascinating backstory. When Fouquet, 38, bought the property for $950,000 in November 2016, he was looking for a place with high ceilings that would
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China’s property troubles will make it harder for developers in the country to gain access to U.S. debt markets, according to Moody’s Investors Service. “We are seeing the trend of China property turmoil continuing to dampen enthusiasm for some high-yield issuance,” Annalisa Di Chiara, a senior vice president at Moody’s, told CNBC “Squawk Box Asia”
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For much of the past year, I’ve felt pretty alone – at least as it relates to inflation. While I’ve been ringing the alarm bell for well over a year, expert after expert insisted that fears of inflation were overblown. In fact, back in February 2021, I wrote the following in The Bond Buyer: “With
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Two Michigan-based systems — Beaumont Health and Spectrum Health — formally joined forces this week after clearing heightened anti-trust scrutiny ordered by the Biden administration across a swath of sectors last summer. The not-for-profit systems announced their intention to merge by signing a letter of intent in June 2021. One month later, the Biden administration launched
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Bitcoin (BTC) zoned in on a multi-week high for the weekly close on Feb. 6 as a calm weekend helped fragile sentiment. Bitcoin should flip $41,000 to support  Data from Cointelegraph Markets Pro and TradingView followed a mercifully non-volatile weekend for BTC/USD, which continued to test $42,000 resistance while retaining $40,000 as support. Friday’s unexpected gap
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