Latest Market News

Mar 02
Duke Energy rate hike proposal would boost bills by 6.6% for residential customers by year end

Duke Energy Corp. DUK, +1.21% said Wednesday that if its proposal to increase rates is approved by the North Carolina Utilities Commission (NCUC), the average bill will for residential customers will increase 6.6% by Jan. 1, 2023, will rise 9.3% for commercial customers and grow 9.0% for industrial customers. If approved, the Charlotte-based utility’s new […]

Mar 02
Regulatory Notice 22-07

Notice Comments Summary In February 2012, pursuant to an SEC order, FINRA established an accounting support fee (GASB Accounting Support Fee) to adequately fund the annual budget of the Governmental Accounting Standards Board (GASB). The GASB Accounting Support Fee is collected on a quarterly basis from member firms that report trades to the Municipal Securities […]

Mar 02
Canadian Anti-Fraud Centre Bulletin: Social Media Crypto Extortion Scam

The Canadian Anti-Fraud Centre has received reports of scammers gaining control of Instagram accounts. Suspects blackmail victims to record themselves promoting fake cryptocurrency platforms in order to regain access to their account. Scammers are sending phishing emails with fraudulent links for fake Instagram login pages; this allows scammers to steal account credentials. Once an account […]

Mar 02
Top frauds and scams targeting New Brunswickers in 2021 and top investor threats in 2022

More than 420 New Brunswickers reported losing a total of $4.2 million to fraud and scams in 2021, a $2.6 million increase over the year before. The figures come from the Canadian Anti-Fraud Centre (CAFC), which ranked investment scams as the top category of fraud by dollar loss in New Brunswick.  Thirty-one New Brunswickers reported […]

Mar 02
Federal Court Orders Florida Men to Pay Over $1.6 Million for Precious Metals Fraud

Washington, D.C. — The Commodity Futures Trading Commission today announced the U.S. District Court for the Middle District of Florida entered consent orders on March 1 for permanent injunction, monetary sanctions, and equitable relief against Marvin W. Courson III (Courson) and Christopher A. Kertatos (Kertatos). Both Courson and Kertatos reside in Florida. Previously, the U.S. […]

Mar 02
Solana price eyes $150 as SOL’s 25% jump this week puts ‘double-bottom’ in play

The price of Solana (SOL) may rise by over 45% in the coming weeks as the cryptocurrency intends to complete a double-bottom chart pattern against the United States dollar. A $150 SOL ahead? Double-bottoms typically appear at the end of a downtrend when the price falls to a low, rebounds, and returns to the level […]