Demographic constraints that challenge Vermont’s long-term revenue picture cost the New England state its lone remaining triple-A rating. Fitch Ratings downgraded the Green Mountain State’s general obligation bonds one notch to AA-plus Thursday citing slower growth prospects amid an older population with limited chances at near-term growth. A scene in Strafford, Vermont, where the state
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The Eaton Vance Tax-Advantaged Global Dividend Fund (ETG) is a leveraged close-end fund that primarily invests in dividend-paying stocks around the world. Despite returns that have handily outperformed other global equity indices, the fund may not be such a great investment. After taking into account leverage, the fund’s performance looks less impressive, and it may
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While responding to an allegation that Tronfoundation and BitTorrent are involved in a billion-dollar Ponzi-scheme scam that defrauded thousands of investors in China, Justin Sun, TRON’s CEO, says both companies are “fine.” According to the CEO, preparations were being made to launch BitTorrentSpeed on July 8, so people should stop publicizing fake news and pictures.
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tall buildings in new york city. (Photo by: Education Images/Universal Images Group via Getty Images) Universal Images Group via Getty Images A third of the active New York City sales listings on StreetEasy received price cuts as of mid-June, according to a new report from the site, but the discounts probably won’t yield more buyers,
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Polish cryptocurrency exchange Bitmarket has just shut down without warning. According to a brief message posted late on July 8 on its website, Bitmarket – said to have been Poland’s second-largest crypto exchange – stated: “We regret to inform you that due to the loss of liquidity, [from] 08/07/2019, Bitmarket.pl/net was forced to cease its operations.
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The Scottish craft beer company BrewDog has announced it will be extending its groundbreaking cryptocurrency investment program “Equity for Punks” until April next year. The program, which was originally intended to end on July 5 this year, allows investors to buy BrewDog shares using a variety of cryptocurrencies. These include Bitcoin (BTC), Ethereum (ETH), Ripple
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The Wallich Residence is located within the Tanjong Pagar Centre (second from right), Singapore’s tallest building. Everett Rosenfeld | CNBC British technology firm founder James Dyson and his wife have bought a luxury penthouse in Singapore for a record 73.8 million Singapore dollars ($54.2 million), according to The Business Times newspaper on Wednesday. The privately
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One of the best investments for income-focused investors is master limited partnerships. This is due to the fact that these companies typically boast relatively stable business models that generate high levels of cash flow and pay out a high percentage of this cash flow to their investors in the form of distributions. In addition, many
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If you’ve been wanting to own shares in the latest generation of space companies, now is your first chance. Social Capital Hedosophia, the investment vehicle of venture capitalist Chamath Palihapitiya, is merging with Richard Branson’s Virgin Galactic in a deal that will open the space tourism company to public investors later this year. Social Capital
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