Rising risks of security breaches would boost spending on cybersecurity. zacks.com zacks.com/ultimate
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In her inaugural address, Massachusetts Gov. Maura Healey affirmed her administration’s commitment to overhauling the state’s public transportation infrastructure. “The state of our trains and roads and bridges today is unacceptable,” Healey said Thursday, adding there was an “urgency” for capital development of the state’s neglected transportation infrastructure as she took office. Her plan calls
Municipal yields fell Friday ahead of a heavier new-issue calendar while U.S. Treasuries and equities rallied after the latest jobs report offered signs that may suggest inflation will be cooling. Triple-A benchmark yields fell six to 15 basis points, depending on the scale, pushing the 10-year muni below 2.50% and the 30-year muni below 3.50%.
Undoubtedly, 2022 was one of the worst years for Bitcoin (BTC) buyers, primarily because the asset’s price dropped by 65%. While there were some explicit reasons for the drop, such as the LUNA-UST crash in May and the FTX implosion in November, the most important reason was the U.S. Federal Reserve policy of tapering and
Chicago sent a $242 million supplemental payment to its pension systems, making good on a funding policy adopted as part of the 2023 budget that helped lift its one junk rating back into investment-grade territory. Efforts to better align expenses with recurring revenues, shed one-time maneuvers like scoop-and-toss debt restructuring, and complete a move to
A “Now hiring” sign is displayed on the window of an IN-N-OUT fast food restaurant in Encinitas, California, May 9, 2022. Mike Blake | Reuters December’s strong job growth combined with slowing wage inflation is fueling optimism that the economy might just see a soft landing. But economists disagree on whether that will be the
The crisis that has engulfed Republican House leadership this week, whatever the outcome, could complicate the public finance agenda in the 118th Congress. For issuers, an emergent ultra-conservative influence in the House could raise the risk of a government shutdown and bring fresh scrutiny to key topics like the so-called PAYGO waiver for tax subsidies,
The crypto market witnessed the DeFi summer of 2020, where decentralized finance applications like Compound and Uniswap turned Ether (ETH) and Bitcoin (BTC) into yield-bearing assets via yield farming and liquidity mining rewards. The price of Ether nearly doubled to $490 as the total liquidity across decentralized finance (DeFi) protocols quickly surged to $10 billion. Toward
Public finance banking industry veteran Sean Boyea has joined Siebert Williams Shank & Co. as a managing director in Sacramento. Boyea brings more than three decades of public finance experience to the minority- and women-owned heavyweight, and will launch its office in California’s state capital. “SWS has a rich history for being opportunistic during economic
A federal judge’s dismissal of former Arizona Gov. Doug Ducey’s lawsuit challenging the Biden administration’s request that the state stop spending federal relief money on schools that do not have mask mandates won’t impact the state’s other litigation related to clawbacks of relief money used for tax cuts. The move follows Ducey’s motion for dismissal,
When it comes to winter homes in world-class resorts, the best locations are close to the slopes but away from the crowds. Herein lies the difficulty of finding a residence in popular Vail, Colorado, that is easily accessible yet private. This walk-to-the-slopes mountain contemporary delivers on both counts. The chalet is set steps from pedestrian-friendly
President Biden announced Thursday the United States will begin blocking migrants from Haiti, Nicaragua and Cuba from applying for asylum if they’re apprehended crossing the U.S.-Mexico border. The asylum seekers will instead be expelled to Mexico without due process as part of an expansion of the contested Trump-era Title 42 pandemic policy. This comes as
Uniswap, the decentralized exchange, has partnered up with fintech company Moonpay to let users in the U.S., Brazil, the UK and SEPA (Single Euro Payments Area) areas buy cryptocurrencies on its web app with debit cards, credit cards or bank transfers. What Happened: Uniswap said on Tuesday that users may be able to convert fiat
In August 2021, an independent artist made nearly $200Kin 60 seconds. Thisrapper goes by the name of Spottie WiFiand his new-age style has already been cosigned by the likes of Snoop Dogg. WhatHappened: Spottie WiFiannounced hisnew album, The Kings Alpha, which will be released sometime early next year: Btw I forgot to mention my new
Get in gear for the new year — Rocket Report: Crisis for European launch industry; Japans H3 rocket nears debut “Why not send one person a year to space and raise that awareness?” Eric Berger – Jan 6, 2023 12:07 pm UTC Enlarge / The Falcon 9 rocket first stage that launched the Transporter-6 mission
Two years ago, one of the trending topics across social media was Dogecoin DOGE/USD , a meme cryptocurrency. In 2022, Dogecoin saw less volatility, resulting in fewer mentions across social media in the midst of a cryptocurrency bear market, which was accelerated by the bankruptcies of several cryptocurrency platforms like FTX. What Happened: In 2021,
WebOS lives! — Android Automotive goes mainstream: A review of GMs new infotainment system It has four screens, three operating systems, and many of the usual car problems. Ron Amadeo – Jan 6, 2023 12:20 pm UTC EnlargeGMC reader comments 74 with 0 posters participating Share this story Share on Facebook Share on Twitter Share
Burton G. Malkiel, professor emeritus of economics at Princeton University, speaks at the John C. Bogle Legacy Forum in New York, U.S., on Tuesday, Jan. 31, 2012. Peter Foley | Bloomberg | Getty Images This week, Princeton professor Burton Malkiel has published the updated, 50th anniversary edition of A Random Walk Down Wall Street: the
Sovereign identity has been a hot topic in blockchain and cryptocurrency, especially with the rise of the creator economy. Currently, there are two types of digital identities. One is federated and centralized whereby data is in the control of the service provider. Self-sovereign digital identity is often cited as a human right that can reclaim
Ethereum was marginally lower on Dec. 6, as markets prepared for this afternoon’s nonfarm payrolls report. December’s report is set to show an addition of 200,000 jobs to the U.S. economy, which would be down from November’s figure of 263,000. Bitcoin was also slightly down ahead of the release. Bitcoin Bitcoin (BTC) continued to hover