As the pandemic forced Americans to spend more time at home, many turned to home improvement projects to enhance their living spaces. One popular choice was swimming pool installations, which experienced a surge in demand during the lockdown period. However, recent indicators suggest that this trend is starting to wane as households are now reallocating
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Women’s soccer is undergoing a transformation in the world of sports ownership with the introduction of private equity investors. Unlike other major U.S. sports leagues such as the NBA, MLS, MLB, and NHL, where private equity investors are limited to passive, minority stakes, the National Women’s Soccer League (NWSL) has opened its doors to these
Bybit, the world’s second-largest web3 platform by trading volume, showcased its dedication to fostering innovation and collaboration within the blockchain industry through its sponsorship at the Swiss Summer Web3Fest and Crypto Valley Conference in Switzerland. This sponsorship highlighted Bybit’s commitment to building strong relationships within the institutional space, as stated by Eugene Cheung, Head of
As Evercore ISI maintains its top stock picks for the second half of 2024, it is crucial to analyze the performance of these companies in the first half of the year. The surge in equities during the initial months of 2024 was driven by the artificial intelligence boom, particularly benefiting technology stocks. While the S
The U.S. dollar has recently experienced a slip in value in early European trade, largely influenced by weak economic data that has raised expectations of potential interest rate cuts by the Federal Reserve. The Dollar Index, which tracks the greenback against a basket of other currencies, traded 0.2% lower at 104.900, reflecting a continuation of
Bitcoin’s failure to sustain a position above $63,000 has caused a drop towards $61,000, potentially paving the way for a further decline below the $60,000 mark. Currently, Bitcoin is hovering slightly above the critical support level of $60,885. The proximity of the 100 EMA at $63,754 and the 200 EMA at $58,260 to the current
The Asian currencies saw firmness on Thursday as expectations of interest rate cuts by the Federal Reserve increased, leading to a dent in the dollar. Despite the gains in Asian currencies, the overall sentiment was cautious due to the minutes of the Fed’s June meeting, which hinted at potential hawkish signals. Traders remained watchful of
One of the most controversial and ambitious transportation projects in the United States, the California High-Speed Rail project, recently reached a significant milestone. The final environmental clearance for the challenging segment between Palmdale and Burbank was approved by the California High-Speed Rail Authority. This segment, covering 38 miles, involves extensive tunneling through difficult terrain, including
As we assess the current state of the municipal bond market, it is evident that there is a certain level of firmness present. This can be attributed to the decline in U.S. Treasury yields, coupled with the mixed performance of equities. Despite these factors, the release of the Federal Open Market Committee meeting minutes highlighted
Ethereum has made a significant breakthrough in the cryptocurrency industry, surpassing Bitcoin in fee income by an impressive 100% over the past year. According to the latest report from Lookonchain, Ethereum’s network has recorded a staggering $2.73 billion in fee income, solidifying its position as the top earner in the industry. Meanwhile, Bitcoin falls behind