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Municipals were steady Tuesday ahead of Wednesday’s Federal Open Market Committee meeting and Consumer Price Index report, as U.S. Treasury yields fell and equities were mixed near the close. “The market’s great expectations regarding Fed cuts have witnessed a dramatic downward adjustment since the start of the year,” said Vikram Rai, head of municipal markets
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With the Federal Open Market Committee unlikely to change the fed funds rate target at this week’s meeting, the markets will concentrate on the Summary of Economic Projections and whether it shows expectations reduced to one or two 25 basis point rate cuts this year from the three suggested by the previous dot plot. “Three
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“It was a very safe city.” Sosaid Mike Waters, owner of a pub in D.C.’s long-gentrified Dupont Circle area, in a neighborhood Zoom meeting this past January, neatly encapsulating a seemingly sudden deterioration in public safety. Violent crimesrose39 percent in Washington, D.C., last year, including a 67 percent jump in robberies. Homicides increased a stunning
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On March 14, 2024, Senate Majority Leader Chuck Schumer (DN.Y.), a man who 13 months prior had vowed at Jerusalem’s Yad Vashem World Holocaust Remembrance Center that “as long as Hashem breathes air into my lungs, the United States Senate will stand behind Israel with our fullest support,” peered solemnly over his glasses into the
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Good riddance — The Google Pay app is dead Google Wallet takes over app duties, but it looks like Google is quitting P2P payments. Ron Amadeo – Jun 10, 2024 9:41 pm UTC Enlarge / Google Pay is dead!Aurich Lawson / Ars Technica reader comments 109 Google has killed off the Google Pay app. 9to5Google
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You’ll learn why stocks are bounce (moving up) or moving down. One of the reasons is the Supply and Demand concept. However, I want to share with you more in-depth insight into the path of least resistance. #stocksmovements #leastresistance #stockresistance #stocksmoveup #stocksmovedown #stockspath Posted at: https://tradersfly.com/blog/why-do-stocks-move-up-or-down/ 💌 Newsletter & Announcements : https://tradersfly.com/go/tube/ 🎁 Discord Group:
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Municipals were little changed Monday as investors await a smaller calendar amid an FOMC week, outperforming Treasuries, which saw small losses, while equities were up near the close. The two-year muni-to-Treasury ratio Monday was at 65%, the three-year at 65%, the five-year at 66%, the 10-year at 65% and the 30-year at 82%, according to
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S&P Global Ratings upgraded the Greater Orlando Aviation Authority’s senior-lien airports facilities bonds to AA from AA-minus with a stable outlook Friday, citing Orlando International Airport’s growing enplanement counts. “The upgrade reflects Orlando International Airport’s very high activity levels and long history of favorable enplanement trends supported by serving an expanding service area economy with
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Florida Gov. Ron DeSantis has signed into law a bill that would ban most abortions in the state after six weeks, before many people know theyre pregnant, further decimating abortion access in the South. The bill passed the Republican-controlled House of Representatives on Thursday afternoon in a 7040 vote. DeSantis signed it into law hours
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