Municipals were steady to close Friday ahead of a week without new deals on the calendar. U.S. Treasuries were weaker out long and equities ended the session up. The two-year muni-to-Treasury ratio Friday was at 58%, the three-year at 59%, the five-year at 59%, the 10-year at 58% and the 30-year at 85%, according to
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Housing advocates in Dallas are pushing for a $200 million share of a $1.1 billion general obligation bond proposition city officials want to place on the ballot next year. The city is becoming unaffordable, according to Bryan Tony, organizer of the Dallas Housing Coalition, which was formed in June as a unified voice for greater
Cities and states saw pension liabilities rise in fiscal 2022 amid negative market returns even as they significantly boosted contributions with the support of federal stimulus aid. Those are the findings of a new white paper, “State and Local Pension Funds 2022,” which reviews the performance of 648 pension funds making up 90% of all
When experts predicted what they expected for the economy in 2023, most saw a recession coming and some saw the Federal Reserve cutting its rate target. But the economy surprised to the upside, with no signs of recession, and the Fed is now expected to cut rates in 2024. Here are what some experts foresee
AURORA, CO – AUGUST 23: The crane taking four 15-foot-wide by 60-foot-long modular home segments and stacking them on one on top of the other to make a new duplex. August 23 2018. Adam Berger, a developer with his own modular home designs, has sold his first duplex in North Aurora. Now he is using
Loading… Loading… Visa Inc V stock recorded an all-time-high (ATH) on Wednesday. The stock was seen trading at a high of $262.48 during intraday trading, marking a new high in the stocks history. The stock has returned 26.52% to investors so far this year. The surge has been propelled by a combination of strategic moves,
Many today have a greater interest in the perception of virtue through diversity, equity, and inclusion (DEI) narratives rather than making a real, tangible impact on improving the lives of others. This is particularly true on college campuses. The support for Claudine Gay at Harvard highlights the insulating powers of DEI, as President Gay fits
Money for something — Banks use your deposits to loan money to fossil-fuel, emissions-heavy firms Your $1,000 in the bank creates emissions equal to a flight from NYC to Seattle. Matt Simon, wired.com – Dec 22, 2023 12:33 pm UTC Enlarged3sign reader comments 67 When you drop money in the bank, it looks like its
Loading… Loading… Wall Street is showing cautious gains as the new week begins, despite thetech giants often referred to as the Magnificent 7 all trading in the red: Apple Inc. AAPL , Microsoft Corp. MSFT , Alphabet Inc. GOOG GOOGL , Amazon Inc. AMZN , Meta Platforms Inc. META , NVIDIA Corp. NVDA and Tesla,
Sorry bros — From CZ to SBF, 2023 was the year of the fallen crypto bro Going from zero to billionaire to zero is no crypto bro’s dream. Ashley Belanger – Dec 22, 2023 1:04 pm UTC EnlargeAurich Lawson | Getty Images (Bloomberg/Antonio Masiello) reader comments 19 Looking back, 2023 will likely be remembered as
Loading… Loading… The COVID-19 pandemic brought an influx of new retail traders to the public stock markets. Post-pandemic, many of the retail traders are sticking around. Nasdaq NDAQ senior vice president and global head of data Brandon Tepper recognized this trend. "We've actually seen a huge rise in activity through the pandemic," Tepper told Benzinga
Arizona’s Water Infrastructure Financing Authority will begin a solicitation process next year for projects to boost the parched state’s water supply using information gleaned from a query it sent out this fall. The agency, which oversees $1 billion the state legislature in 2022 appropriated over three years for water augmentation, received 28 responses to its
Loading… Loading… Crypto exchange Coinbase Global Inc.COIN on Tuesdayannounced the launch of Project Diamond, a new smart contract-powered platform aimed at institutions,designed to facilitate the creation, purchaseand sale of digitally native assets. The first transaction on Project Diamond was the issuance, distributionand maturity of a digital debt instrument, which served as a technical demonstration for
The Supreme Courts upcoming decision about the most common pharmaceutical used for medication abortions may be just the beginning of the political battle over the drug. Earlier this month, the Supreme Court agreed to hear an appeal of lower-court rulings that would severely reduce access to mifepristone. The Courts acceptance of the case marked a
Loading… Loading… Visa Inc V stock recorded an all-time-high (ATH) on Wednesday. The stock was seen trading at a high of $262.48 during intraday trading, marking a new high in the stocks history. The stock has returned 26.52% to investors so far this year. The surge has been propelled by a combination of strategic moves,
A big year in launch — Rocket Report: Electron and New Shepard return to flight; UK spaceport gets OK “We look forward to flying our next crewed flight soon.” Eric Berger – Dec 22, 2023 12:00 pm UTC Enlarge / Electron returned to flight successfully this week. Rocket Lab reader comments 0 Welcome to Edition
Loading… Loading… A New York-based mult-asset investing platform has an attractive annual percentage yield. What Happened: Public launched its secondary brokerage account, High-Yield Cash Account, to offer 5.1% APY (subject to change) with zero fees and no minimum balance requirements. Funds from the account will be directly deposited into partner banks where they earn a
Here today, impacting tomorrow — Laptops 2023 quantum leap: 5 computers well still be talking about in 2024 You likely didn’t want these PCs this year, but they may impact your future devices. Scharon Harding – Dec 22, 2023 11:45 am UTC EnlargeGetty reader comments 0 You’ll never uncover The Next Great Thing if you
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK economy shrank slightly in the third quarter, according to revised figures that highlight the country’s struggle to shake off its low-growth performance. The Office for National Statistics said on Friday that gross domestic
Municipals were little changed Thursday as inflows to municipal bond mutual funds returned. U.S. Treasuries were weaker five years and out, and equities ended up. The two-year muni-to-Treasury ratio Thursday was at 58%, the three-year at 59%, the five-year at 59%, the 10-year at 59% and the 30-year at 86%, according to Refinitiv Municipal Market