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Municipals sold off Wednesday following another weaker U.S. Treasury session while equities were down near the close. Muni yields rose two to 13 basis points, depending on the curve, coming on the tailwind of a market correction, said Brad Libby, a fixed-income portfolio manager and credit analyst at Hartford Funds. Mixed economic data has been
Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022. Eva Marie Uzcategui | Bloomberg | Getty Images Cathie Wood’s ARK Invest has taken a stake in Elon Musk’s startup xAI as she deepens her big bet on artificial intelligence. ARK Venture
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The owner of a municipal-bond financed nitrogen fertilizer plant in Lee County, Iowa, is trying to sell the plant to one of its largest competitors, Koch Industries. The Iowa Fertilizer Company plant was built from 2012 to 2017 near the unincorporated community of Wever. Helping to kick off construction were $1.194 billion of tax-exempt private
Having an assortment of survival gear is nice, but when SHTF, you will also need clean drinking water in your stockpile. Before disaster strikes, learn how to store and purify water for your daily needs. (h/t to BackdoorSurvival.com) Clean water is something that many people, especially non-preppers, take for granted.When dealing with an emergency, you
The end of cash has been heralded for yearsmostly by government officials eager to end the expense of minting coins and printing banknotes while pushing transactions to digital forms that can be tracked and taxed. The transformation has met varying degrees of acceptance or resistance from people around the globe. But Australians appear to be
During his closing argument in Donald Trump’s criminal trial in Manhattan on Tuesday, lead defense attorney Todd Blanche hammered at the credibility of the prosecution’s star witness, Michael Cohen, the former president’s estranged fixer, calling him “the greatest liar of all time.” That strategy makes sense given Cohen’s role in establishing that Trump “caused” the
step forward — Neuralink rival sets brain-chip record with 4,096 electrodes on human brain Precision expects its minimally invasive brain implant to hit the market next year. Beth Mole – May 28, 2024 9:41 pm UTC Enlarge / Each of Precision’s microelectrode arrays comprises 1,024 electrodes ranging in diameter from 50 to 380 microns, connected
Like a chesterfield strapped to a rocket? — Bentley is replacing its W12 engine with a plug-in hybridand let us try it Plug-in hybrid powertrain perfectly suits Bentley’s next Continental GT Speed. Jonathan M. Gitlin – May 28, 2024 11:01 pm UTC Enlarge / After building almost 100,000 W12-powered Bentley Continental GTs, the brand is
Joanna Andreasson/DALL-E4 In February, freakouts over artificial intelligence took a fun twist. This time, it wasn’t concern that humans are ushering in our robot overlords, panic about AI’s potential to create realistic fakes, or any of the usual fare. It wasn’t really about AI at all, but the humans who create it:wokehumans. The controversy started
A home available for sale is shown on May 22, 2024 in Austin, Texas. Brandon Bell | Getty Images After a brief pullback during much of May, mortgage rates began rising again last week. That had an immediate impact on what had been several weeks of strengthening mortgage demand. The average contract interest rate for
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set
Dallas would ramp up contributions to its Police and Fire Pension System over five years and could pursue additional funding options, including pension obligation bonds and using a portion of sales taxes earmarked for mass transit, under recommendations presented to a city council committee. Jack Ireland, Dallas’ chief financial officer, told the Ad Hoc Committee
In this article SMLR BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Dado Ruvic | Reuters Semler Scientific, a little-known medical technology company, saw its shares surge Tuesday after it said it has adopted bitcoin as its primary treasury reserve asset, taking a page out of MicroStrategy’s playbook. The company, which develops products used in the
The trial in Dominion v. Fox News, which has already resulted in bombshell revelations about the right-wing media giant and the 2020 election, is scheduled to begin Tuesday. Unless a settlement is reached, a jury will determine whether Fox is financially liable for broadcasting and promoting false claims about Dominion Voting Systems voting machines rigging
Even as Donald Trump relies on unprecedented support from Black and Latino voters, he is embracing policies that would expose their communities to much greater police surveillance and enforcement. The policies that Trump is pledging to implement around crime and policing in a second presidential term would reverse the broad trend of police reform that
Amazon is slashing grocery prices by up to 30% in hopes of luring inflation-weary customers — following in the footsteps of other major retailers such as Target and Walmart. The company said that it will reduce prices of 4,000 items at its Amazon Fresh grocery stores online as well as at its handful of brick-and-mortar
Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion pay package for Chief Executive Officer Elon Musk, which if passed would be the largest pay package for a CEO in corporate America. The report cited reasons like the “excessive size” of the pay deal, the dilutive
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set