Want to Mine Bitcoin in New York? You'll Have to Pay a Premium

The New York Public Service Commission on Thursday cleared the New York Municipal Power Agency to raise electricity bills for cryptominers seeking to take advantage of the state's low-cost hydroelectric power. The agency is made up of 36 municipal power authorities in the state. In some cases, the
See Original Article

Terming it a one-off incident amongst 5,000 branches dealing in foreign exchange in the entire banking system in India, MS Sastry, Deputy Managing Director, State Bank of India, said: “Each bank has already scanned their LoU and Letter of Credit-related transactions and have confirmed during the
See Original Article

Renzi, the former CEO of Walter Investment Management Corp., which recently changed its name to Ditech Holding Corp., is set to become the president and chief operating officer of Cenlar FSB, one of the nation's largest mortgage subservicers. Walter Investment (now Ditech) announced last month
See Original Article

Fixed mortgage rates decreased for the first time this year during the week ended March 15, with the average rate for a 30-year fixed-rate mortgage falling to 4.44%, down from 4.46% the previous week, according to Freddie Mac's Primary Mortgage Market Survey. A year ago at this time, the 30-year
See Original Article

Larry Kudlow wasted no time in showing Wall Street and Washington that he's ready to serve as an unabashed economic warrior for President Donald Trump. Within minutes of being named as top White House economic adviser on Wednesday, Kudlow was on the airwaves to push a tough stance
See Original Article

They have an impact on the stamp duty on property transactions, and concurrently on the revenue mop-up of the state government. They also directly impact the market value of the properties. Change in the RR rates also influences the real estate construction cost and additional charges towards any
See Original Article

The facility will be constructed by Axis Real Estate Investment Trust (Axis-REIT) on a 7-acre land subleased by MAHB to the trust for 49 years. Construction work will commence … For the latest property news, trends, resources and expert opinions, visit our Property News section. Home buyers, sellers or
See Original Article

By Jessica Toonkel and Liana B. Baker (Reuters) – U.S. media company Meredith Corp has hired advisers to explore a sale of its Time, Fortune, Money and Sports Illustrated magazines following its $…
See Original Article

Los Angeles County Employees Retirement Association, Pasadena, Calif., committed up to $50 million to AG Europe Realty Fund II, a real estate fund managed by Angelo, Gordon & Co., said Jonathan Grabel, chief investment officer for the $56.5 billion pension plan. This is a new relationship. Angelo
See Original Article

In this article, I'm going to take a look at Reco International Group Inc's (TSXV:RGI) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. The impact of a company's ownership structure affects both its short- and long-term
See Original Article

Yet most Property REITs that have reported their Q4 2017 results had stellar reports and many have hiked their dividends. We highlight in this report two solid high-yield Property REITs that are trading at very attractive valuations. Income investors should consider GPT and AHP for their generous yield
See Original Article

Almost exactly ten years ago, the federal government rescued Bear Stearns, a large Wall Street investment bank that was sinking under the weight of its subprime mortgage holdings. A recent article in the Wall Street Journal suggested that the Bear rescue turned out to be only a temporary measure and
See Original Article

The ICC Banking Commission Annual Meeting gathers over 500+ banking executives and government officials from more than 65 countries who rethink the future of trade finance and encourage governments, regulatory bodies, and G20 leaders to remove obstacles to trade finance toward sustained
See Original Article

FILE – In this Sept. 19, 2017 file photo, Housing and Urban Development Secretary Ben Carson speaks during his visit to the Vaux Big Picture High School in Philadelphia. Recently released emails suggest that Department of Housing and Urban Development Secretary Ben Carson and his wife had a
See Original Article

1. How long will we see negative office absorption in Wilmington, and should you be concerned? 2. Can Wilmington attract major tenants using strategies other than tax incentives? 3. How can you take advantage of the demand for workforce housing? 4. With almost 10 years of rising industrial rent, will
See Original Article

Description. Lending Services Rep I. The Lending Services Rep I is responsible for Administrative functions in the Business Services department. Expectations include, but are not limited to, top quality work through adherence to established Policies and Procedures while handling assigned tasks in a
See Original Article

The former chief information officer of Equifax's U.S. business dumped nearly $1 million in company stock after learning of the massive data breach at the credit reporting agency, but before the breach was disclosed to the public, the Securities and Exchange Commission and Department of Justice said
See Original Article

A real estate analytics firm has some good news for Bay Area landlords — and bad news for tenants: Rents began rising again last year after a brief “cooling off period” in late 2016. “The Bay Area region should register one of its best rent performances since at least mid-2016,” the Texas real estate
See Original Article

The deal also includes the option for a further 12 NH90s divided equally between the two versions. Qatar becomes the 15th country to buy the NH90, bringing the total order book to 543. Qatar first signaled its intention to buy the NH90 as part of the mass spending spree that was announced at the 2014
See Original Article

LA JOLLA, Calif.–(BUSINESS WIRE)–Reven Housing REIT, Inc. (the “Company”, “Reven”) (NASDAQ: RVEN), an owner and operator of single-family residential properties, today announced that its Board of Directors has authorized the Company to repurchase up to $500,000 of its own shares.
See Original Article