Louisiana has tapped a consortium led by Plenary Americas as the private sector partner to negotiate a 50-year public-private partnership to replace the aging Calcasieu River bridge on Interstate 10. Calcasieu Bridge Partners is a joint venture of Plenary Americas US Holdings, Inc., which holds a 40% equity stake, and Sacyr Infrastructure USA LLC, and
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Coinbase’s Base network has released a user interface (UI) for its official bridge, allowing end users to onboard for the first time without relying on developer tools, according to an Aug. 3 announcement. The team has set Aug. 9 as Base’s “official” release date. The team will award over 100 Ether (ETH), worth approximately $184,000,
The Bank of England could slow the pace of interest rate rises when it announces its latest decision on Thursday, but investors expect the central bank to continue tightening monetary policy for longer than either the European Central Bank or the US Federal Reserve. After UK inflation fell more than expected in June, traders think
Bitcoin (BTC) dipped below $29,000 on Aug. 3 as market concerns over largest global exchange Binance reignited BTC price downside. BTC/USD 1-hour chart. Source: TradingView BTC price analysis “expects” support retest Data from Cointelegraph Markets Pro and TradingView showed BTC price action heading lower before a modest comeback into the Wall Street open. Rumors over
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Municipals were weaker Wednesday as investors digested another larger new-issue slate, August redemption dollars, better-than expected economic data and the Fitch downgrade to the United States’ rating. U.S. Treasury yields rose slightly out long and equities sold off. The weakness in munis and UST resulted partly from the ADP Employment Report that showed 324,000 jobs were
AAVE, the governance token of the decentralized finance (DeFi) protocol Aave, experienced a 17% decline between July 30 and August 1, reaching the $62 level. While the $62 support has demonstrated its resilience, the current price of $64.40 is still 12% below the daily close on July 30. Investors are now questioning whether this movement
The Biden Administration is expected to submit an emergency spending request for additional funding to the Federal Emergency Management Agency’s Disaster Relief Fund before funds are expected to run dry at the end of the month. That’s according to Sen. Susan Collins, R-Maine, who said she’s put pressure on the Biden Administration to act, as
Ratings agency Fitch downgraded the United States’ long-term credit rating from AAA to AA+ on Aug. 1 and this move dented the risk on sentiment. The U.S. equities markets witnessed profit-booking on Aug. 2 and the cryptocurrency market’s recovery stalled in its tracks. However, after the knee-jerk reaction, the markets may settle down. The cryptocurrency
Donald Trump’s legal team has pushed back against the US government’s drive for a “speedy trial” over this week’s historic charges that the former president conspired to subvert the 2020 election. In comments that signalled Trump’s desire to slow proceedings — possibly until after next year’s presidential contest — John Lauro, one of his lawyers,
Bitcoin (BTC) continues with its sideways BTC price action under $27,000 on May 22 as the bulls and bears find it hard to break the stalemate. Which way Bitcoin? Notably, BTC price has fluctuated inside a narrowing ascending triangle range since May 11, defined by a horizontal resistance around $27,500 and a rising trendline support
The Match.com website is shown on an Apple iPhone. Andrew Harrer | Bloomberg | Getty Images Check out the companies making headlines before the bell on Wednesday. CVS Health — Shares of the retail pharmacy giant rose 1.8% premarket after the company posted strong earnings and revenue for the second quarter. CVS reported earnings of
One of the key reasons renters are getting caught in the crossfire of the mortgage rates is that it is increasing rental demand, said Oliver Knight, head of residential development research at real estate firm Knight Frank. Oscar Wong | Moment | Getty Images LONDON — Mortgage rates are soaring in Britain, and many are
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Municipals were weaker in secondary trading to start August as several large deals took focus in the primary market. Munis slightly outperformed Treasury losses as the first round of August redemptions buoyed the market. Equities ended mixed. Triple-A yield curves were cut three to six basis points, depending on the scale, while UST yields rose
U.S. Rep. Raúl Grijalva, D-Ariz., and representatives of several U.S. territories filed a bill Monday that would require federal departments to have advisors on territorial affairs. If passed, the bill would create an office in each federal department “to oversee matters impacting the U.S. territories within their jurisdiction,” said Rep. Jenniffer González Colón, R-Puerto Rico.
A home for sale in a sought-after private ski and golf community near Lake Tahoe hits all the right notes: the right lot, the right design and the right setting. It reflects a contemporary style that has been widely adopted in the community. The property at 9507 Wawona Court is located in Martis Camp, a
Decentralized finance (DeFi) platform SushiSwap is set to integrate with the growing blockchain protocol, Core, tapping into the protocol’s unique consensus mechanism to provide a broad set of DeFi services to its cross-chain functionality. The integration is touted to increase the possibilities for developers building within the Core ecosystem, with decentralized applications built on the
Millions of American children and teens are heading back to school this season. While much of their academic success can be credited to their parents, teachers, guidance counselors and educational materials, the importance of their home environment should not be understated. Whether a brand new kindergartener or a graduating class of 2024 senior, having the
UK house prices have dropped by the largest amount in 14 years, according to fresh data from Nationwide. Prices for July fell 0.2 per cent on the previous month and 3.8 per cent on the same month last year, the largest fall since 2009, the Nationwide house price index showed. The average cost of a home in the UK is now