Recent fluctuations in mortgage rates have had a significant impact on the housing market, with rates dropping initially before jumping back up following a stronger-than-expected employment report. This volatility has left many potential homebuyers uncertain about when to make their move. The drop in mortgage rates earlier in the week led to a surge in
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The recent market uncertainty has left most Asian currencies relatively stable on Wednesday. Traders are bracing themselves for upcoming cues on U.S. interest rates from the Federal Reserve and crucial inflation data. The sentiment towards Asia has been hindered by fears of renewed U.S.-China trade tensions. Reports of the White House planning stricter curbs on
Bitcoin, the world’s biggest cryptocurrency, experienced a decline of 0.8% in the past 24 hours, dropping to $67,372.3. This decrease came after a period of volatility where Bitcoin reached as high as $72,000. The fluctuation in Bitcoin’s price can be attributed to the anticipation of the Federal Reserve meeting and key inflation data. The anticipation
The news of Major League Eating parting ways with 16-time champion Joey “Jaws” Chestnut ahead of the Nathan’s Famous Fourth of July hot dog eating contest has sparked controversy. Chestnut was reportedly offered a lucrative contract by MLE to continue participating in the competition, but his decision to represent a rival brand that sells plant-based
As we approach the Federal Open Market Committee meeting and Consumer Price Index report, the municipal market remains relatively stable. Despite some fluctuations in U.S. Treasury yields and mixed performance in equities, experts like Vikram Rai from Wells Fargo are noting a downward adjustment in market expectations for Fed cuts since the beginning of the
As the Artificial Intelligence (AI) industry continues to expand and evolve, we are witnessing a shift towards cloud-based solutions. This transformation has led to a surge in demand for cybersecurity services as companies strive to protect their data and infrastructure from potential threats. The recent frenzy around AI has created a ripple effect, benefiting various
The Government Finance Officers Association’s Washington, D.C. team is gearing up for the aftermath of this fall’s national election by sowing the seeds of municipal market priorities during the summer months. With the anticipation of potential changes in Congress and even the administration, the GFOA is not shying away from its advocacy efforts. Federal liaison
ceτi AI, a leading player in the decentralized artificial intelligence (dAI) movement, has recently announced an extended purchase agreement with Cedarcross International Technologies, Inc. for three additional high-performance computing (HPC) servers. These servers are equipped with 8 NVIDIA H100 Tensor Core GPUs, showcasing the commitment of both companies to cutting-edge technology. Moreover, the agreement includes
Buying a home in the U.S. has become increasingly expensive, but what many may not realize is that the cost of keeping and maintaining a home has also risen significantly. A new report by Bankrate.com reveals that the “hidden costs” of homeownership amount to an average of $18,118 annually, or $1,510 a month. This figure
In the world of sports, particularly football, fan engagement has taken on a new form with the emergence of fan tokens. These digital assets issued by national teams or clubs promise supporters a unique and tradable way to connect with their favorite teams. With major tournaments like Euro 2024 and Copa América on the horizon,