Municipals were little changed to start the week, while U.S. Treasuries were firmer and equities were up late in the trading session. The muni market enters 2024 with “stable credit fundamentals, supportive demand/supply dynamics, and low [muni-UST] ratios and compressed credit spreads,” said Adam Stern, co-head of research at Breckinridge. On the technical front, he
admin
The biggest municipal bond deal of the week is coming to market on Tuesday even as a state lawmaker is proposing to abolish the very authority that is issuing the debt. The New York State Thruway Authority this week is bringing $1.027 billion of Series P general revenue bonds in a transaction led by J.P.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran distanced itself on Monday from an attack that killed three US soldiers as pressure built domestically on President Joe Biden to respond against Tehran. A day after the US blamed “radical Iran-backed militant groups”
Loading… Loading… Benzinga has announced the launch of a new and unique dataset offering that allows its users to access summaries of analyst reports with bullish and bearish views on individual stocks. The new offering, Bulls Say/Bears Say is available to subscribers on the Initial Data Offering (IDO) platform and is designed to streamline decision-making
The gig economy seems to be here to stay. In the U.S. alone, there are more than 70.4 million freelancers, and that number has been growing for the past few years. By 2028, it is projected that there will be upwards of 90 million gig workers who will constitute close to 50% of the domestic
Not excelling at Excel — We keep making the same mistakes with spreadsheets, despite bad consequences Errors with spreadsheets are not only frustrating but can have serious consequences. Simon Thorne, The Conversation – Jan 28, 2024 11:51 am UTC EnlargeAndreyPopov via Getty reader comments 282 Spreadsheet blunders arent just frustrating personal inconveniences. They can have
Mercedes-Benz debuted a $1 billion residential luxury tower in Dubai, where apartments are expected to cost as much as $10 million each. Dubbed “Mercedes-Benz Places,” the upscale auto company announced its venture into the real-estate world on Instagram on Thursday, which it’s doing with the help of Emirati developer Binghatti. The 65-story building is expected
Adventures in server babysitting — I abandoned OpenLiteSpeed and went back to good ol Nginx One weather sites sudden struggles, and musings on why change isnt always good. Lee Hutchinson – Jan 26, 2024 3:29 pm UTC Enlarge / Ish is on fire, yo.Tim Macpherson / Getty Images reader comments 132 Since 2017, in what
Looking for the next unicorn to invest in? Check out OurCrowds growing list of portfolio companies. From artificial intelligence to telehealth, startups from all corners of the world are churning out innovative and game-changing technology, businesses and solutions. Historically, getting access to these startups as an investor has proven difficult unless you are an insider
Stay informed with free updates Simply sign up to the Middle Eastern politics & society myFT Digest — delivered directly to your inbox. Three US service members have been killed by a drone attack on a military base carried out by “radical Iran-backed militant groups” near the Syria border, the White House said on Sunday.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has moved to officially limit short selling after informal efforts failed to stop a worsening stock market sell-off. Investors who buy shares will not be allowed to lend them out for short selling within
In this article OMF KEY BIP Follow your favorite stocksCREATE FREE ACCOUNT A KeyBank sign with a market ticker is seen on the facade of the KeyBank Building in Columbus, Ohio. Jay Laprete | Bloomberg | Getty Images Investors seeking a steady stream of income in these uncertain times can consider adding some attractive dividend
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The rally in US chip stocks that has seen Nvidia and AMD more than double in value over the past year is under pressure after warnings that the artificial intelligence boom is masking a broader
In this article Follow your favorite stocksCREATE FREE ACCOUNT A hand changing television channels with the remote control. Manuel Breva Colmeiro | Moment | Getty Images Company: Xperi (XPER) Business: Xperi is a technology company that develops software solutions and has the following four main business segments. First, there’s pay-TV, which provides backend software for
After two consecutive years of investors pulling money from muni mutual funds, January has gotten off to a better start as the market has seen the return on inflows. “The driver of the improvement in net fund flows is not necessarily new buyers coming into the market; it’s the conclusion of tax loss swap selling
Municipals were lightly traded and little changed Friday ahead of a smaller new-issue calendar amid the Federal Open Market Committee meeting while U.S. Treasuries were weaker. Equities were mixed to close the session. Rates have continued creeping higher and muni yields have been following, as the “positive effect of the year-end technicals has finally started
The list of investment banks no longer eligible to underwrite municipal bonds in Texas due to their lack of compliance with state laws aimed at protecting the fossil fuel and firearm industries grew on Friday with the addition of Barclays. Texas Attorney General Ken Paxton’s office announced that “until further notice, we will not approve
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UN agency for Palestinian refugees said on Friday it had fired “several” employees after receiving information from Israel about their alleged involvement in Hamas’s October 7 attack. The US responded to the development, which
The Municipal Securities Rulemaking Board has approved amendments to Rule G-27 on dealer supervision that are designed to help dealers better adapt to changes brought on by remote work. That was approved during the MSRB’s quarterly board meeting, where the board welcomed Securities and Exchange Commission Chairman Gary Gensler in attendance for his yearly visit,
On the face of it, the Houthi militants’ attacks on ships in the Red Sea are like a supersized version of the Ever Given incident in 2021. When the container ship got stuck in the Suez Canal and blocked it for six days, there was a lot of talk then about the fragility of globalisation