The replacement of the Francis Scott Key Bridge in Baltimore is facing a significant hurdle due to a shortage of Federal Highway Administration emergency relief funds. Senate Environmental Committee ranking Member Shelley Moore Capito highlighted the pressing issue by pointing out that the ER program lacks the necessary funding for all eligible projects. The current
Potential
Bitcoin’s price has been on a downward trajectory, dropping by 17% in the past month and hitting its lowest level since February 2024. The recent rebound of 1.33% over the last five days has not been significant enough to offset the substantial fall seen in recent weeks. Currently trading around $57,800, Bitcoin has dipped below
Bernstein recently released a selection of stocks that are deemed attractive based on both quantitative and fundamental criteria. This approach combines the strengths of both methodologies to produce better results. The firm’s previous portfolio using this strategy yielded a return of 17.6% over six months, matching the S & P 500’s performance. According to Bernstein
The Bank of Israel (BOI) has been exploring the idea of a digital shekel currency to enhance the country’s payments system and drive innovation. While the central bank is committed to this plan, it is unlikely to launch a digital currency before other advanced economies. Andrew Abir, Deputy Governor of the Bank of Israel, stated
The release of the June consumer price index report is expected to be a significant market event this week. Economists are predicting a 0.1% rise in CPI month over month and a 3.1% increase year over year. The core CPI, which excludes food and energy prices, is forecasted to have grown 0.2% month over month
Denver is facing a crucial shortage of affordable housing, with both long-time residents and newcomers struggling to find suitable living arrangements. The proposal put forward by Mayor Mike Johnston aims to address this pressing issue by implementing a 0.5% sales tax increase to generate around $100 million annually. This comes on the heels of a
The cryptocurrency market experienced a slight increase in Bitcoin price, following recent losses due to concerns over a potential spike in token supply. Meanwhile, Ether saw a sharp rise fueled by speculation surrounding a spot exchange-traded fund. Bitcoin, the world’s largest cryptocurrency, had been facing significant losses over the past two weeks, hitting a four-month
Bybit, the world’s second-largest web3 platform by trading volume, has recently announced its partnership with Beach, Please! – Romania’s biggest hip-hop festival. This collaboration aims to offer festival-goers a range of exclusive perks that not only enhance their festival experience but also introduce them to the world of cryptocurrency. One of the exclusive perks offered
Goldman Sachs remains bullish on shares of Alphabet and Meta, reiterating their buy rating. The firm has raised their price target on GOOGL to $211 and on META to $522, citing increased estimates and valuation multiples as the driving factors behind their decision. Stifel Initiates RH as Buy Stifel has initiated coverage on the furniture
In the event of a possible second Trump administration, trade relations with Mexico are expected to be a key focal point. The Trump administration’s revamp of the U.S.-Mexico-Canada (USMCA) trade deal is likely to come under scrutiny, with the next U.S. president having the opportunity to confirm the country’s commitment to the agreement. The potential