Manhattan, New York, is famous for its exorbitant prices when it comes to real estate. The median price per square foot in the city is a staggering $1,500, making it one of the most expensive places to live in the world. However, there are alternative options available in popular Mediterranean destinations that offer significantly more
The recent asset allocation report released by Tiger 21, a network of ultra-high-net-worth investors and entrepreneurs, has shed light on the unconventional investment strategies adopted by its members. Contrary to popular belief, more than half of Tiger 21’s members do not invest in chip darling Nvidia. The report revealed that 57% of its members have
Rep. Steven Horsford, a Democrat from Nevada, is anticipated to fill the vacant seat on the Ways and Means committee following the passing of Rep. Bill Pascrell from New Jersey. This decision comes after Rep. Pascrell sadly passed away last month due to a respiratory illness at the age of 87. The National Association of
The North Texas Tollway Authority (NTTA) is embarking on a $1.126 billion deal to seek savings through bond refundings and tenders. This deal, which is the highlight of this week’s municipal bond sale calendar, includes two series of tax-exempt debt. The first series consists of $446.14 million of first-tier revenue bonds, aiming to fund a
With the Federal Reserve poised to cut interest rates in September, the focus shifts to dividend-paying stocks as potential outperformers in the market. The allure of these stocks lies in their attractive dividend yields in comparison to other income-generating assets like bonds. However, given the vast array of companies offering dividends, investors may find it
The cryptocurrency market has been facing a bearish sentiment throughout the past week, with the total market cap dipping to $2.04 trillion, according to CoinMarketCap. This represents a 0.39% decrease in the last 24 hours, raising concerns among investors as the market cap approaches the significant $2 trillion mark. Bitcoin (BTC), the leading cryptocurrency by
As we head into the month of September, the cryptocurrency market is gearing up for what could potentially be a period of high volatility. The focus is primarily on key economic data releases, especially those related to employment, which have historically played a significant role in shaping the performance of digital assets. With several important
The year 2024 has brought a significant surge in restaurant bankruptcy filings, reflective of a broader increase in corporate bankruptcies across various sectors. At least 10 restaurant chains have filed for bankruptcy this year, with notable eateries such as Roti, Buca di Beppo, and World of Beer facing financial difficulties. These bankruptcies have been attributed
The U.S. dollar has experienced a slight dip in value but remains near a recent two-week high, as investors eagerly await the release of the upcoming U.S. jobs report at the end of the week. As of 18:40 EST (22:40 GMT), the U.S. dollar index showed a 0.1% decrease, standing at 101.64. The EUR/USD pair
The recent drop in PDD’s stock price by nearly 30% following disappointing quarterly results has sparked concerns about the state of China’s consumer market. While the company’s revenue grew significantly from a year ago, the reaction of its stock price seemed disconnected from its fundamentals, according to analysts. The slowdown in the Chinese consumer market