Municipals were little changed in secondary trading Wednesday amid an active primary market with two billion-dollar deals priced, although details on one were not immediately available. U.S. Treasury yields were weaker in spots and equities ended mixed. The three-year muni-UST ratio was at 59%, the five-year at 61%, the 10-year at 66% and the 30-year
admin
On March 7, United States Federal Reserve Chairman Jerome Powell warned that interest rates may remain higher for longer than previously anticipated. This boosted expectations of a 50 basis points rate hike in the Fed’s March meeting to about 70% from 30% a week earlier, FedWatch Tool data suggests. The U.S. dollar shot up and
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 3, 2023. Brendan Mcdermid | Reuters The latest spike in bond yields was enough to spook the stock market into a sell-off Tuesday, but there’s a silver lining for fixed income investors: Short-term Treasurys are now touting
Nossaman added Michelle McCarthy as a partner in its Los Angeles office and changed the name of the practice she joined to reflect the new line of services her addition brings. The practice she joins was renamed to Pension, Benefits & Investments Group from the Public Pensions & Investments Group. “Michelle’s deep, nuanced experience in
A Texas pastor is apologizing for a viral sermon illustration in which he described the physical appearance of a woman. Jonathan Pokluda, the lead pastor at Harris Creek Baptist Church in Waco, Texas, went viral last month for a sermon illustration about a woman at a restaurant who expressed interest in him despite his married
Share Tweet By Billy Hallowell Editor March 7, 2023 A teenager from Canada is at the center of headlines after he was allegedly suspended and arrested after taking a strong stance against his school’s transgender bathroom policy and openly sharing his biblical beliefs on the matter. Listen to the latest episode of CBNs Quick Start
"Clearly 2022 was tough: more than half of the Americans we surveyed reported that they were not on track to achieve their financial goals," wrote Tom Van Horn, Magnifi's chief product officer, of a report released by the financial firm looking at the state of personal investing in 2023. Yet 2023 is starting off on
When Chicago-based investment-education program provider Rapunzl won the STOP Award atthe annual Yass Prize competition, the company was acknowledgedas one of the nations leading producers of education programs and givenfunds, $500,000,to continue it. So many people view the world of investing and the returns of Wall Street as something thats perched in an ivory tower,
Survivor of subway surfing shares a warning for others Isa Islam was just 12 days shy of his 18th birthday when he decided to subway surf in 2013. Ten years later, he now bears the scars of his decision. NEW YORK – Even 10 years later, Brooklynite Isa Islam bears the scars of his decision
When thinking aboutsuccessfulcar wash ventures, Walter White's A1A from "Breaking Bad" comes to mind.One young entrepreneur has found a way tomakea killingwith a car-cleaning business, butthis scrub stop is no cover up it's bringing in truckloads of money and itpretty much runs itself. What To Know:According to a Business Insider report, 22-year-old Hannah Ingram purchased
"Clearly 2022 was tough: more than half of the Americans we surveyed reported that they were not on track to achieve their financial goals," wrote Tom Van Horn, Magnifi's chief product officer, of a report released by the financial firm looking at the state of personal investing in 2023. Yet 2023 is starting off on
When Chicago-based investment-education program provider Rapunzl won the STOP Award atthe annual Yass Prize competition, the company was acknowledgedas one of the nations leading producers of education programs and givenfunds, $500,000,to continue it. So many people view the world of investing and the returns of Wall Street as something thats perched in an ivory tower,
Video captures brazen attack of Queens restaurant Cell phone video captured the moment several teenagers attacked the Fish Village restaurant in College Point Queens and caused $20,000 of damage. FOX 5 New York’s Arthur Chi’en reports. QUEENS, N.Y. – Cell phone video shows the harrowing moments when what's described as a bunch of about 20
Alex Murdaugh’s defense attorney says he has received disturbing hate mail including messages wishing he would die from “rectal cancer” ever since representing the now-convicted killer. Dick Harpootlian, who is also a state senator, spoke of the hostile messages calling him a “piece of scum” or wishing cancer on him while on the South Carolina
While analysts predict we may be past the inflation peak, Americans struggle to make ends meet and are relying more and more on credit. A recent survey showed that less than 50% of Americans could afford to pay for a last-minute $1000 emergency. Inflation is hitting Americans hard, and many dont have the financial stability
Jack Dorsey-led BlockInc. SQ is scheduled to release its fourth-quarter results on Thursday after the market close. The Block Analyst: KeyBanc Capital Markets analyst Josh Beck maintained an Overweight rating and raised the price target from $90 to $100, suggesting roughly 39% upside from current levels. See Also: Best Fintech Stocks The Block Thesis: We
Tastyworksannounced it would assume the name of its IG Group Holdings Inc.-owned parent and financial media company,tastytrade. Context: Since 2011, tastytrade advocatedfor and empoweredindividual retail investors. The firms founders, who previously created the thinkorswim platform acquired by Charles Schwab Corporation-owned SCHW TD Ameritrade in 2009, are market veterans whomaintained research-based content that better informedtraders activitiesin
In the late 1990s, direct electronic deposit was introduced to employees, and since then it has become the primary method of payment when it comes to employment. Today, more than 93% of U.S. workers receive their pay by direct deposit 99% of social security payments and the majority of Veteran Affairs payments, whether that be
Deadly Yonkers apartment building fire A 4-alarm fire at an apartment building in Yonkers left at least one person dead, and dozens displaced, the mayor said. NEW YORK – A massive 4-alarm fire at an apartment building in Yonkers has left at least one person dead, and dozens of families displaced, Mayor Mike Spano said.
President Biden fired the opening shots of the battle over spending and taxes that will consume Capitol Hill this year when he proposed on Tuesday a 5 percent Medicare surtax on people who earn more than $400,000 a year. The White House is hailing the proposal, which is part of Biden’s budget plan, as