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Municipal yields dropped up to another seven basis points led by strong secondary trading Tuesday while an $875 million competitive general obligation deal from Illinois took focus in the primary. U.S. Treasuries made gains and equities ended mixed. Municipal triple-A curves saw yields fall four to seven basis points, depending on the curve while USTs
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The price of Dogecoin (DOGE) dropped 4.6% to $0.0808 under the influence of a broader crypto market correction on April 12. This downside move preceded the release of the U.S. consumer price index (CPI), which showed inflation eased to its lowest level in two years. Dogecoin wipes out Elon Musk-led gains Dogecoin’s latest price drop
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Melissa Watras, Director of Product for Trillium Surveyor, was interviewed at Benzingas 9th Annual Fintech Deal Day & Awards. Trillium is a technology company that provides software to financial institutions to detect market manipulation. The companys software takes order data and processes it using proprietary algorithms that can detect irregularities. Ms. Watras spoke about the
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New York’s Metropolitan Transportation Authority faces potential budget gaps that could widen to nearly $900 million in 2026, according to the Citizens Budget Commission. The nonprofit think tank that analyzes state and city finances warns in a report released Monday that the MTA’s promised cost-saving measures may fall short and revenue from yet-to-be-built casinos could
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Municipals were firmer Monday as investors prepare for a larger, $7 billion new-issue calendar while U.S. Treasuries made gains and equities were mixed near the close. Triple-A yield curves were bumped one to four basis points, depending on the curve, while UST yields fell by six to eight basis points. Munis continued to rally last
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Its a year before the presidential election, and Democrats are panicking. Their incumbent is unpopular, and voters are refusing to give him credit for overseeing an economic rebound. Polls show him losing to a Republican challenger. Whats true now was also true 12 years ago. Today, Democrats are alarmed by recent surveys finding that President
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A press release that President Joe Bidens reelection campaign issued last week offered a revealing window into his advisers thinking about how he might overcome widespread discontent with his performance to win a second term next year. While the release focused mostly on portraying former President Donald Trump as a threat to legal abortion, the
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Join us for some temporal shenanigans — The Ars guide to time travel in the movies We picked 20 time-travel movies and rated them by scientific logic and entertainment value. Jennifer Ouellette and Sean M. Carroll – Nov 24, 2023 12:30 pm UTC Enlarge / The selected films span several decades to show how Hollywood’s
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Mike Johnson now knows what Kevin McCarthy was dealing with. At the new speakers behest, House Republicans today relied on Democratic votes to avert a government shutdown by passing legislation that contains neither budget cuts nor conservative policy priorities. The bill was a near replica of the funding measure that McCarthy pushed through the House
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