AdEx, a leading digital advertising platform, has recently announced the launch of its updated platform in Sofia, Bulgaria. This repositioning aims to cater primarily to Web3 advertisers looking to engage with a wider Web2 audience. The platform has integrated cutting-edge technologies such as Artificial Intelligence (AI) and Zero-Knowledge (ZK) privacy protocols to enhance the overall
The U.S. dollar has been facing some downward pressure in early European trade, giving back some of its gains from the previous session. On the other hand, the Japanese yen has fallen into intervention territory, prompting concerns from Japanese officials. This article will delve into the factors driving the movement of these two currencies and
Investors seeking tax-advantaged income often turn to municipal bonds as a reliable investment option. These bonds offer income that is free from federal taxes, making them particularly attractive to high-net-worth individuals. Additionally, investors residing in the same state where the bond is issued may also benefit from avoiding state taxes. The taxable equivalent yields on
Morgan Stanley has taken a significant step towards the integration of artificial intelligence into their operations by introducing a new assistant named Debrief. Expected to revolutionize the way financial advisors work, Debrief is designed to streamline the labor-intensive tasks carried out by the bank’s advisors. This move represents one of the most significant advancements in
The Metropolitan Pier and Exposition Authority in Chicago is planning to sell up to $231 million of McCormick Place Expansion Project refunding bonds for upgrades to the Lakeside Center building and renovations to the Hyatt Regency McCormick’s guest rooms. Despite the financial challenges posed by the pandemic, the MPEA is moving forward with these projects,
As the spring housing market concludes and the summer season begins, the challenges in the housing market show no signs of abating. Despite high home prices continuing to climb, mortgage rates remaining elevated, and limited increase in home listings, the state of the housing market remains lackluster. This is evidenced by the stagnant weekly mortgage
The Securities Industry and Financial Markets Association (SIFMA) has filed a summary judgment bid in a lawsuit against the State of Missouri over its environmental, social, and governance (ESG) investment regulation. SIFMA argues that the state’s anti-ESG securities rules infringe on federal laws, specifically the National Securities Markets Improvement Act and the Employment Retirement Income
Core Scientific Inc, a crypto miner, has caught the attention of BTIG, which has increased its price target for the company to $15 from $10. This upgrade is based on the recent data center contracts secured by Core Scientific and the growth potential observed in the Bitcoin mining sector. The firm’s BTC mining basket, consisting
Southwest Airlines recently experienced a significant drop in its shares, with a roughly 4% decrease in premarket trading. This decline was a result of the carrier cutting its second-quarter revenue forecast due to changing booking patterns. The airline now expects a decrease in revenue per available seat mile by as much as 4.5%, compared to
The recent drop in the yen to its lowest level against the dollar since 1986 has sent shockwaves through the currency markets. With the U.S. dollar trading at 160.39 yen, concerns have been raised about the future of the Japanese currency. The significant interest rate differential between the United States and Japan has played a