Taylor Morrison Home Corp. signage stands in front of homes under construction at the La Solara Community in Dublin, California. David Paul Morris | Bloomberg | Getty Images Ultra-low mortgage rates, a shortage of existing homes for sale and strong demand for new high-tech houses catapulted homebuilder Taylor Morrison‘s sales into record territory in June.
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New York’s Metropolitan Transportation Authority and the Transit Innovation Partnership have launched a “COVID-19 response challenge” to engage the private tech industry and rapidly evaluate and deploy innovative technologies that make public transit safer in light of the pandemic. “To truly modernize every element of how we run our transit system, you have to look
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Christine Lagarde, president of the European Central Bank, has opened the door to using its €2.8tn asset purchase scheme to pursue green objectives, promising to examine changes to all of its operations in the fight against climate change. It is the first time that the ECB president has committed to examine “greener” changes to all of
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International investors bought bonds backed by the crime proceeds of Italy’s most powerful mafia, according to financial and legal documents seen by the Financial Times. In one case, the bonds — backed in part by front companies charged with working for the Calabrian ’Ndrangheta mafia group — were purchased by one of Europe’s largest private
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Speaking on a Unitize digital conference panel, Peter Dittus, chief economist for SFB Technologies, said he does see a place for privately-issued stablecoins.  “I don’t see a great future,” Dittus said of stablecoins on the June 7 panel, live streamed by Cointelegraph.  Two stablecoin classifications exist Stablecoins exist in two categories — privately issued and
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Here are Option Basics: – Options are contracts – You pay a premium for them – You are able to buy or sell stock – 1 option = 100 shares – They expire the third Friday of the month you purchase them for – Strike price = expiration price – You pay a premium –
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On May 11, 2020, Bitcoin successfully executed its third block reward halving. Bitcoin halving events usually occur every four years, and the first and the second events took place in 2012 and 2016, respectively. Since miners’ rewards for verifying blockchain transactions are usually trimmed by 50% following a halving event, past events have forced miners
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People pass by the Salesforce Tower and Salesforce.com offices in New York City, March 7, 2019. Brendan McDermid | Reuters What seemed like a few decades ago, I mean in February, people used to occasionally ask “How’s business?” Despite usually responding, “Fine, thanks,” I would often think of the inquiry as two-part. One, and probably
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The United Arab Emirates has announced a sweeping government restructuring, merging ministries and departments as the Gulf state chases economic revival in the wake of coronavirus lockdowns. Sheikh Mohammed bin Rashid al-Maktoum, UAE prime minister and ruler of Dubai, on Sunday also reshuffled cabinet ministers in a shake-up meant to create a more “agile” government,
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Republicans are warning the outlook is “grim” for Donald Trump in Florida, a closely watched battleground state that is seen as pivotal for the US president’s re-election prospects in November. With four months to go until election day, Mr Trump’s poll numbers have dropped sharply across the country, with many Americans disapproving of his handling
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