Milwaukee Mayor Cavalier Johnson Friday signed into law a 2% municipal sales tax rate, marking the end of a long-fought battle to shore up the city’s ailing finances, which have been hit by rising pension costs. “We’ve accomplished something huge, something major, something extraordinary for our city,” Johnson, surrounded by local and state officials in
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Michael Barr, vice chair for supervision of the board of governors of the Federal Reserve, testifies during a House Committee on Financial Services hearing on Oversight of Prudential Regulators, on Capitol Hill in Washington, DC, on May 16, 2023. Mandel Ngan | AFP | Getty Images The Federal Reserve’s top banking regulator expressed caution Tuesday
While account abstraction in Ethereum is perceived to be a catalyst that could onboard a billion users, Ethereum co-founder Vitalik Buterin shared some challenges in implementing the new feature on the blockchain. Buterin, speaking on July 18 at the Ethereum Community Conference (EthCC) event in Paris, explained some of the key innovations that modern account
In the summer of 2022, the 1.7 million square-foot office tower at 787 Seventh Avenue was less than 20% occupied by employees of such tenants as BNP Paribas, Sidley Austin and Willkie Farr. Aldo Sohm Wine Bar, a sister restaurant to three-Michelin-star Le Bernardin, struggled to draw a lunch crowd. But now, 787 Seventh is mostly full
Like roughly 20 other states in the nation, Tennessees legislature recently passed a law prohibiting state healthcare providers from performing gender-affirming surgeries and administering hormones or puberty blockers to anyone under the age of 18. But, like many of those other states, Tennessee was preliminary enjoined from enforcing its law by a district court that
Fintech company Revolut has launched a robo-advisor service in the United States, further expanding its suite of services within its super app. The move enables U.S. investors to leverage Revoluts automated investment platform for managing their portfolios. The robo-advisor feature provides users with access to a range of investment options and automated portfolio management tools.
Droppping into Corsair — Corsair is buying DIY mechanical keyboard brand Drop Drop claims enthusiast roots will remain but product availability could improve. Scharon Harding – Jul 17, 2023 10:33 pm UTC Enlarge / Drop has made some pretty expensive keyboards, like this $349 Islay Night that is no longer in stock. Scharon Harding reader
South Korean Fintech CompanyU Fintech Hub Incannounced today that it has successfully raised $4 million in a recent capital funding round led by Forest Partners. What Happened?With this current funding round, U Fintech Hub has raised approximately $10 million in capital. U Fintech Hub operates the global remittance platform "Utransfer," specializing in B2B and C2C
so, no more updates — How long will the last Intel Macs be supported? macOS Sonoma gives us some hints Nearly 20 years of data show how Intel Macs are faring as Apple switches chips. Andrew Cunningham – Jul 17, 2023 11:00 am UTC EnlargeAurich Lawson reader comments 137 with A year ago, we compiled
Despite several high-profile cryptocurrency implosions, the number of people working in the industry has soared over the past four years. According to findings by the crypto research startup K33, the number of crypto-related employees has surged nearly 160% since 2019. In a report titled “The Emerging Crypto Industry,” K33 estimated that the total headcount of
“No man is an island.” 🏝️ Explore the profound meaning behind this expression and how it applies to your investing journey. If you are searching for a bit of inspiration or, moreover, a community of like-minded investors, this video will be a perfect fit. In this latest video of the series, we explain the advantages
Traditionally, when a property owner agreed to sell real property, it was up to the buyer to check out the real property as much as they wanted. If the buyer liked what they found, they could go ahead and buy the real property. If they didn’t, they could go buy other real property instead. The
Municipals were slightly firmer to start off the week as a larger new-issue calendar looms, while U.S. Treasury yields fell and equities ended the session up. Triple-A yields fell one to two basis points while UST fell two to three. Munis started off last week at “extremely rich valuations throughout most of the curve after
A group of Wall Street banks are set to avoid a long-awaited trial in Illinois over charges of inflating interest rates on the state’s variable-rate debt after a Cook County judge Monday granted the banks’ motion to vacate the trial in light of a proposed settlement with the state. The deal may not be done
The UK’s financial regulator and information watchdog will warn banks that they cannot hide behind data protection rules if they fail to alert savers to better deals. Under pressure to pass on the benefits of higher rates, banks told the Financial Conduct Authority at a meeting earlier this month that they could not tell certain
Bitcoin (BTC) refused to give up $30,000 at the July 17 Wall Street open as observers placed bets on a step lower next. BTC/USD 1-hour chart. Source: TradingView Bitcoin traders line up downside targets Data from Cointelegraph Markets Pro and TradingView followed what one analyst called “boring” BTC price action into the new trading week.
so, no more updates — With macOS Sonoma, Intel Macs are still getting fewer updates than they used to Nearly 20 years of data show how Intel Macs are faring as Apple switches chips. Andrew Cunningham – Jul 17, 2023 11:00 am UTC EnlargeAurich Lawson reader comments 0 with A year ago, we compiled a
Fintech company Revolut has launched a robo-advisor service in the United States, further expanding its suite of services within its super app. The move enables U.S. investors to leverage Revoluts automated investment platform for managing their portfolios. The robo-advisor feature provides users with access to a range of investment options and automated portfolio management tools.
The U.S. government is contemplating new restrictions on the export of AI chips to China in an effort to limit Chinas technological advancements and contain its rising influence. The ban, which may go into effect as soon as next month, would prevent Nvidia Corp. NVDA and other chipmakers from shipping their products to clients in
Montana lawmakers passed a bill on Friday banning TikTok from operating in the state amid growing concerns about the app’s suspected ties to the Chinese government. The bill was passed by the state House in a 5443 vote and now heads to Gov. Greg Gianforte’s desk. If Gianforte signs it into law, Montana will become