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The International Energy Agency has called on Russia to send more gas to Europe to help alleviate the energy crisis, becoming the first major international body to address claims by traders and foreign officials that Moscow has restricted supplies. The Paris-based body said that while Russia was fulfilling its long-term contracts to European customers it
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S&P Global Ratings has singled out states’ underfunding of retiree medical benefits as a key credit risk for states. States continued to sharply underfund their OPEB plans and unfunded liabilities ticked upward in fiscal 2020, S&P analysts reported in their annual survey published Monday. During the economic expansion preceding the pandemic, few states pursued and
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Nonfungible tokens (NFT) dominated crypto and mainstream media headlines all throughout 2021 as investors who held CryptoPunks and other projects minted prior to 2018 were finally rewarded for their patience. Meanwhile, newer projects like the Bored Ape Yacht Club and Art Blocks Curated saw some of their rarer pieces sell for millions of dollars.  Despite
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You can invest in the growing space economy with these ETFs. Procure Space ETF: https://www.zacks.com/funds/etf/UFO/profile?cid=CS-YOUTUBE-FT-VID SPDR S&P Kensho Final Frontiers ETF: https://www.zacks.com/funds/etf/ROKT/profile?cid=CS-YOUTUBE-FT-VID Virgin Galatic: https://www.zacks.com/stock/quote/SPCE?cid=CS-YOUTUBE-FT-VID Maxar Technologies: https://www.zacks.com/stock/quote/SPCE?cid=CS-YOUTUBE-FT-VID Dish Network: https://www.zacks.com/stock/quote/SPCE?cid=CS-YOUTUBE-FT-VID Intelsat: https://www.zacks.com/stock/quote/I?cid=CS-YOUTUBE-FT-VID Northrup Grumann: https://www.zacks.com/stock/quote/NOC?cid=CS-YOUTUBE-FT-VID Lockheed Martin: https://www.zacks.com/stock/quote/LMT?cid=CS-YOUTUBE-FT-VID
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The Slow Stochastic isn’t necessarily among the top three of most popular indicators but it does have a large and loyal following. Our trading expert David Jones takes a look at the math behind it, ways to adjust its parameters and different tricks and tips on how to get the best out of it. It’s
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Charlie Javice, Founder/CEO of Frank, which is a college financial aid start-up. Source: JP Morgan JPMorgan Chase has acquired college planning platform Frank to deepen relationships with students and their parents, CNBC has learned exclusively. Frank is an online portal with tools that help students apply for and negotiate financial aid, enroll in online courses
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Federal Reserve Chair Jerome Powell testifies during a U.S. House Oversight and Reform Select Subcommittee hearing on coronavirus crisis, on Capitol Hill in Washington, U.S., June 22, 2021. Graeme Jennings | Reuters After Monday’s market turbulence, the Federal Reserve’s challenge will be to sound reassuring while acknowledging it’s preparing to make its first major step
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After nearly two years of a pandemic and wearing masks, most of us could probably use a makeover. No one knows this better than Vance Soto, president, and owner of the Ole Henriksen Spa in West Hollywood, California. A celebrity hotspot, boasting devotees including Vanessa Hudgens, Kris Jenner, and Malin Ackerman, the pandemic was the
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Morgan Fahy has joined Build America Mutual’s capital markets team as a vice president. In Fahy’s role, she will focus on secondary-market insurance transactions to build demand for BAM-insured bonds from institutional investors, according to the firm. “The way investors use insurance today is not the same way they used it two years ago. I
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Turkish President Recep Tayyip Erdoğan has clarified the government’s stance on cryptocurrencies, stating that the country is at war with crypto. He emphasized that Turkey will continue with its own currency. A War and a Struggle Against Cryptocurrency Turkish President Recep Tayyip Erdoğan answered some questions from young people in the “Meeting with Youth” program
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Municipals largely ignored the rally in U.S. Treasuries and a massive selloff in equities as participants await another large new-issue week. Without the primary in play and a mostly muted secondary, triple-A benchmark yield curves were little changed, coming nowhere near the moves in Treasuries as the 10- and 30-year UST fell five and six
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An artist’s illustration of the Axiom modules attached to the International Space Station. Axiom Space The National Aeronautics and Space Administration plans to retire the International Space Station by the end of this decade, so the U.S. space agency is turning to private companies to build new space stations in orbit – and expects to
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Matt Avital is the Principal & Founder of Ascenda Capital, located in Los Angeles, CA.  Surprisingly, the loan program that provides multifamily property owners with the longest amortization, the highest leverage and often the lowest interest rate is a program that is not well known even by many of the industry’s top players. In the multifamily
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Climate catastrophes are poised to destroy American homes, and banks are starting to calculate their risks. Jesse Kennan, Associate Professor of Real Estate at Tulane University, refers to this process as “underwaterwriting” or “blue-lining,” depending on whether you’re looking at it from the point of view of the bank or consumer respectively. Underwaterwriting is a
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