News of the $68 billion budget deficit projected for California in fiscal years 2022-23 and 2023-24 raised alarm bells. But several state budget watchers say longer-term trends are less worrying. Though S&P Global Ratings revised the state’s outlook to stable from positive Friday, the rating agency has said the state remains solidly in the double-A
admin
Fitch Ratings has raised the Illinois Sports Facilities Authority’s bonds to investment grade, bumping the authority’s rating two notches to BBB from BB-plus, with a rating outlook of stable. The ISFA issued bonds for Guaranteed Rate Field, home of the Major League Baseball Chicago White Sox, and Soldier Field, home, at least for now, of
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,
Making Siri smarter — Apple wants AI to run directly on its hardware instead of in the cloud iPhone maker wants to catch up to its rivals when it comes to AI. Tim Bradshaw, Financial Times – Dec 21, 2023 2:43 pm UTC Enlarge / The iPhone 15 Pro.Apple reader comments 9 Apples latest research
Loading… Loading… A fully collateralized euro-backed stablecoin is expected to be launched within 18 months, pending the approval of an e-money license by Germany's Federal Financial Supervisory Authority (BaFin). What Happened: Deutsche Banks DB DWS Group, Dutch market maker Flow Traders Ltd., and crypto fund manager, Michael Novogratzs Galaxy Digital Holdings BRPHF plan to form
who’s a smart doggo? — Study: Smarter dogs think more like humans to overcome their biases Both the shape of a dog’s head and cognitive ability determine degree of spatial bias. Jennifer Ouellette – Dec 21, 2023 2:19 pm UTC Enlarge / Look at this very good boy taking a test to determine the origin
Daily moment of zen — Daily Telescope: A simple shot of the Milky Way high above France and Spain “Both the daytime and nighttime vistas there were just bloody marvelous.” Eric Berger – Dec 21, 2023 1:00 pm UTC Enlarge / The Milky Way Galaxy above the Pyrenees, right on the French and Spanish border.
Nassau County, New York, economically defeased $97.79 million of bonds on Monday through the deposit of cash with an escrow agent. The action will reduce its debt burden by $13.5 million in 2024 and by over $20 million in each year through 2029, totaling $115.9 million, according to the county. “Paying off this debt will
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,
Loading… Loading… A new survey reveals that 99% of U.S. financial services companies put similar, or more focus, on crypto or blockchain projects in 2023 compared to prior years. What Happened: Paxos surveyed 400 U.S.-based executives from companies with at least $50 billion in assets under management or $50 billion annual payments volume. Here's a
Loading… Loading… Several utility tokens have been identified as potential standouts in the upcoming cryptocurrency bull run byinvestment research platform Token Metrics,each offering unique features and innovations in the Web3 space. Contentos: A New Era For Digital Content: Contentos aims to transform the digital content industry with a decentralized video and content platform. It focuses
Loading… Loading… A fully collateralized euro-backed stablecoin is expected to be launched within 18 months, pending the approval of an e-money license by Germany's Federal Financial Supervisory Authority (BaFin). What Happened: Deutsche Banks DB DWS Group, Dutch market maker Flow Traders Ltd., and crypto fund manager, Michael Novogratzs Galaxy Digital Holdings BRPHF plan to form
Loading… Loading… The Bitcoin BTC/USD ecosystem is predicted to witness unprecedented opportunities and growth in 2024, according to areportthatdissects macro and micro trends andforecastsa bright future for the largest cryptocurrency and related assets. Foremost among the predictions made by the analysis, titled Bitget's 2024 Bitcoin Report,is the surge in value for popular cryptocurrencies such as
Loading… Loading… Tracing the evolution of cyber warfare reveals a transition from abstract notions to concrete challenges, reshaping the intersection of global security and technological advancements. The Rand Corporation published an earlyreport on cyber warfare in 1993, defining it as knowledge-related conflict at the military level. Before the February 2022 invasion, Russia used cyberattacks to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Football’s governing bodies have lost a landmark court case that threatens their hold over the sport in Europe, potentially opening a path for the biggest clubs to form new breakaway competitions. The EU’s top court
The U.S. Virgin Islands Water and Power Authority said it may stop making payments to debt service funds soon. In a posting to the MSRB’s EMMA website, WAPA said it is running low on cash and may be forced to take this or other cash-conserving steps soon. “If liquidity strains persist, this could result in
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Several Tesla electric vehicles are parked in front of a Tesla service center in the Kearny Mesa region, in San Diego, California, U.S., October 31, 2023. Abhirup Roy | Reuters Marko Sustic has bet big on Tesla this year. The investor, who also happens to
House for sale with “For Sale” real estate sign in yard in spring or summer season. No people. Fstop123 | E+ | Getty Images Mortgage demand fell last week compared to the previous week, despite a continued drop in rates, according to the Mortgage Bankers Association‘s seasonally adjusted index. The average contract interest rate for
A pine image — Daily Telescope: A colorful Christmas tree in the night sky O Christmas tree, O Christmas tree, you stand in splendid beauty! Eric Berger – Dec 20, 2023 12:55 pm UTC Enlarge / A new image of NGC 2264, also known as the "Christmas Tree Cluster."NASA et. al. reader comments 0 Welcome