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Municipals improved again Thursday pushing the 10-year triple-A yield firmly below 3% while inflows into municipal bond mutual funds returned after 14 consecutive weeks of outflows. U.S. Treasuries saw losses and equities ended down after Federal Reserve officials tempered expectations of a slowdown in rate hikes. Triple-A yields fell by three to six basis points,
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Inflation, rising interest rates and increasing construction costs are weighing on the implementation of the Infrastructure Investment and Jobs Act. Some projects that were budgeted and started at the beginning of the inflation spiral are now in jeopardy. While the IIJA provides billions of grant dollars, municipal experts say hurdles remain for state and local
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As users flee exchanges and turn to noncustodial wallets amid FTX FTT/USD collapse, Trust Wallets native token TWT/USD has rallied more than 100% in the past seven days. What Happened: TWT, is presently up 17.88%, trading at $2.19 and now ranks as the 44th largest cryptocurrency in terms of market capitalization, according to CoinMarketCap. See
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close video Biden on investigating Elon Musk’s Twitter acquisition President Biden reacts to Elon Musk’s Twitter acquisition. A Hillary Clinton-linked dark money group set its sights on Twitter advertisers amid Elon Musk's acquisition of the social media platform, Fox Business has learned. Accountable Tech spearheaded a letter to top Twitter advertisers as part of a larger pressure
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On Friday, Kris Marszalek, CEO of cryptocurrency exchange Crypto.com,announced that he would share a full audited proof of reserve. The dashboard view of the Crypto.com reserve, provided by Nansen, showed that over 20% of the exchanges reserve was held in Shiba InuSHIB/USD tokens, a speculative Eth-based meme coin. However, after reviewing the shared data, Twitter
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Kris Marszalek, CEO of cryptocurrency exchange, Crypto.com, tweeted on Friday that the company is working with Nansen to create a simple dashboard to show a full audited proof of reserve. Nansen tracked all wallets related to Crypto.com to show this dashboard view of the Crypto.com reserve. As Marszalek pointed out, the reserve does contain quite
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