As we move into the second half of 2021, investment firm Bernstein has revealed its updated selection of stocks that show potential on both quantitative and fundamental levels. This selection includes a basket of 14 different stocks spanning various sectors that have been highly rated based on quantitative indicators. These stocks are not overcrowded and
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In a recent report from Bank of America, it was revealed that nearly half of Gen Zers between the ages of 18 and 27 rely on financial assistance from their family. This statistic paints a picture of the challenging financial landscape that many young adults are facing today. With 52% of Gen Zers feeling like
Despite the operational interruptions caused by Hurricane Beryl, the Galveston Wharves is moving forward with its $160 million revenue bond sale, showcasing its strength and resilience. The port’s ability to rebound quickly after the storm, with only minor damage and power outages, is a testament to its robust infrastructure and preparedness. Prior to the bond
The recent downward trajectory of Bitcoin has left many investors concerned about the future of the cryptocurrency market. Two primary reasons have been identified as the main drivers behind the decline in Bitcoin’s price. The first reason is the potential distribution of confiscated Bitcoin from the collapsed Tokyo crypto exchange, MT. Gox. This once-prominent crypto
The shortage of Federal Highway Administration emergency relief funds has caused a major obstacle in determining how the eventual replacement of the Francis Scott Key Bridge in Baltimore will be financed. According to Senate Environmental Committee ranking Member Shelley Moore Capito, the ER program is currently facing a funding shortfall of over $3.5 billion, leading
The Bank of Israel (BOI) is actively pursuing plans to introduce a digital shekel in order to enhance Israel’s payment system and encourage innovation. While the concept of a central bank digital currency (CBDC) has been on the radar since 2017, the BOI intensified its efforts in November 2020. The bank has been collaborating with
Denver Mayor Mike Johnston has unveiled a plan for a sales tax hike to fund affordable housing in the city. This proposal calls for a 0.5% tax increase to raise approximately $100 million annually. If approved, this would add to the already existing 0.34% sales tax hike on the November ballot, aimed at generating around
This week, investors are eagerly anticipating the release of the June consumer price index report, which will have a significant impact on the stock market. Analysts are closely monitoring this data to gain insights into the Federal Reserve’s potential interest rate cuts in the near future. Economists are predicting that the consumer price index will
In a recent announcement on July 9th, 2024, ChainwireDora unveiled the completion of a highly successful early stage funding round amounting to $5.5 million. This funding round was co-led by two prominent venture capital firms, Dragonfly Capital and Lemniscap, with participation from Robot Ventures, Ethereal Ventures, Maven11, and Arche Capital. Additionally, notable angel investors such
Athletic Brewing Company, a leading nonalcoholic brewer, made headlines with the announcement of its latest equity financing round led by General Atlantic, which raised an additional $50 million. This significant investment is expected to fuel the expansion of production capacity and the introduction of new offerings to meet the growing demand for nonalcoholic beer among