Month: August 2021

The China-based bitcoin ASIC mining machine manufacturer Canaan has announced the company has forged a partnership with Genesis Digital Assets, and the two firms have now signed a deal for a large purchase order. Genesis will buy 20,000 bitcoin miners from Canaan and the mining operation also has the option to purchase an additional 180,000
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Mike McMullen is the CEO of Prominence Homes and the author of Build. Rent. Sell. Repeat!  Every athlete knows the importance of the fundamentals. From how runners hold their arms to where quarterbacks grip the football, professionals are often the first to tout the importance of mastering fundamental skills. A focus on the fundamentals is important in
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Puerto Rico Gov. Pedro Pierluisi is expanding the Earned Income Tax Credit program for the island, which along with another expansion of a federal program, will likely aid the island’s economy, experts said. The federal government will provide $612 million a year for 10 years for the expanded credit, if the local government continues to
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The US dramatically scaled back its evacuation mission in Afghanistan on Monday with the number of civilians being airlifted out of Kabul falling sharply as its forces scramble to withdraw ahead of Tuesday’s deadline to end the 20-year war. Pentagon spokesperson John Kirby said military commanders were sharing some drawdown logistics with Taliban commanders to
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Atticus is the CEO of PadSplit, an affordable, shared housing model that creates financial independence for workers. The term “proptech” (property technology) was coined only a few years ago as a way to describe the bevy of innovation that has hit residential and commercial real estate. But the reality is that innovation has been a core
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Unfunded retiree health-care benefits are the most material long-term liability for about one in 10 states and local governments, Moody’s Investors Service says. Retirement liabilities other than pensions — other-post employment liabilities, or OPEB — were roughly $1.1 trillion for the 50 states and more than 7,000 cities, counties and K-12 school districts that Moody’s
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Following the bug and the split that occurred after a great number of Geth nodes did not upgrade, Ethereum fees have risen dramatically since August 21, jumping from $11 per transaction to today’s 0.0088 ether per transaction ($27.98). Ethereum Transaction Fees Skyrocket Ethereum is the second-largest crypto asset in terms of crypto market capitalization with
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Alternative trading system platforms provide the value of visible liquidity and price discovery in the marketplace, especially for municipal securities that are not widely known and transacted when directly compared to broker’s broker platforms, according to a new MSRB report. The Municipal Securities Rulemaking Board report compares trading activity on ATS platforms versus broker’s broker
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Whenever there’s data out on futures contracts liquidation, many novice investors and analysts instinctively conclude that it’s degenerate gamblers using high leverage or other risky instruments. There’s no doubt that some derivatives exchanges are known for incentivizing retail trading to use excessive leverage, but that does not account for the entire derivatives market. Recently, concerned
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In this article FISV Oscar Wong | Moment | Getty Images Company: Fiserv Inc. (FISV) Business: Fiserv provides payment and financial services technology worldwide. The company operates through Acceptance, Fintech, and Payments segments. The Acceptance segment provides point-of-sale merchant acquiring and digital commerce services; mobile payment services; security and fraud protection products; Carat, an omnichannel
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Canada and Mexico residents accounted for the largest segment of international investors in U.S. residential real estate over the last year, while overall foreign investment in properties dropped to its lowest volume in roughly a decade, according to a recent study from the National Association of REALTORS® (NAR).  The 2021 International Transactions in U.S. Residential Real
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Surging COVID-19 hospitalization rates driven by the highly contagious Delta variant threaten to set back the not-for-profit healthcare sector’s recovery and pose new uncertainties, new reports warn. Hospitalizations are trending upward in all states with the 14-day increase at double-digit percentages for all but a few. The most daunting strains that could negatively impact hospital
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The US has carried out a drone strike in eastern Afghanistan against an Isis-K “planner” behind the deadly attack on Kabul airport on Thursday, as countries wrap up desperate efforts to evacuate thousands of Afghans trying to flee. According to US Central Command on Friday night, American forces conducted an “over-the-horizon counter-terrorism operation” in Nangarhar
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Municipals were little changed in light trading on the last Friday of August as U.S. Treasuries made gains as did equities following Federal reserve Board Chair Jerome Powell’s Jackson Hole speech. The total potential volume for next week is estimated at $4.938 billion, an expected drop as the unofficial final week of summer comes ahead
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