The city of Gary, Indiana, has its sights on bonds for several projects in a planned revitalization effort. Bond financing is likely for the Gary Metro Center station redevelopment project, and the construction of a convention center in Indiana’s Lake County. Notre Dame’s School of Architecture is working with the city on the revitalization, conducting
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Municipals were little changed Tuesday as U.S. Treasuries were firmer and equities were mixed toward the end of the session. Muni yields remain near levels seen at the start of summer last year, said Tom Kozlik, managing director and head of public policy and municipal strategy at HilltopSecurities. Yields may move lower after the Federal
Sdi Productions | E+ | Getty Images Home affordability has slightly improved for buyers this summer, according to a recent report. The median new mortgage payment was $2,167 in June, a 2.4% decline from $2,219 in May, according to new data from the Mortgage Bankers Association. The index measures how new monthly mortgage payments change
Bill Ackman, Pershing Square Capital Management CEO, speaking at the Delivering Alpha conference in NYC on Sept. 28th, 2023. Adam Jeffery | CNBC Hedge fund manager Bill Ackman is looking to raise $2 billion in the initial public offering of Pershing Square USA, with 40 million shares priced at $50. The firm will also give
close video Why investors are watching this week’s Federal Reserve meeting ‘Barron’s Roundtable’ panelists discuss ongoing market rotation, small caps garnering attention and expected remarks on cryptocurrency by former President Trump. The Federal Reserve is widely expected to lay the groundwork for a September interest-rate cut at the conclusion of its meeting on Wednesday, offering
close video Michelle Obama enlists celebrities for voting ad after endorsing Harris Patrice Onwuka of the Independent Women’s Forum discusses Vice President Kamala Harris’ potential running mate pick and her policies that could raise concern among moderates. Despite Michelle Obama gathering her closest celebrity friends to help her endorse Kamala Harris for president, one author
close video Meta requiring political ads to disclose AI use is a smart, strategic move: Gary Vaynerchuk Vaynermedia CEO Gary Vaynerchuk reacts to Metas political ad rules on The Claman Countdown. Facebook wrongly called the popular image of Donald Trump pumping his fist in the air after an assassination attempt against him an "altered photo,"
Share Tweet By Billy Hallowell Editor July 29, 2024 Weeks after a 20-year-old gunman tried to assassinate former President Donald Trump during a July 13 rally in Butler, Pennsylvania, the families of two men who were critically injured are speaking out. The family of James “Jim” Copenhaver, 74, released a statement thanking supporters for their
Where does one species end and the next begin? — How hybrid swarms can break down species boundaries and take over habitats Humans may be part of a hybrid swarm. And were making more of them. Richard Pallardy – Jul 30, 2024 11:00 am UTC EnlargeAurich Lawson | Getty Images reader comments 0 There are
close video Olympics accused of mocking Christians with drag queens in opening ceremonies The Outnumbered panel discussed why the Olympics are facing fierce backlash as critics accuse the organizers of mocking Christianity with a depiction of drag queens at the Last Supper. The opening ceremony of the Paris Olympics sparked controversy with a segment that
The bond markets have undergone significant transformations in recent months, as new technology like artificial intelligence and the shifting economic landscape force issuers and investors alike to navigate new frontiers in debt financing. Between the predictions of industry professionals, and proposed changes in regulations, many firms are forging ahead. Trading strengthened on July 16 following
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt, shadow chancellor, has written to Britain’s top civil servant raising questions about why MPs were given conflicting information about a £22bn fiscal hole unveiled by Rachel Reeves. Hunt wrote to Simon Case, cabinet
Valentinrussanov | E+ | Getty Images The Federal Reserve is poised to make the first interest rate cut in years this fall, which can influence mortgage rates to go down. Even small cuts in interest rates could make a meaningful difference in what a homebuyer will pay. To that point, people in the market to
Pavlo Gonchar | Lightrocket | Getty Images The new CEO at Vanguard said Monday that the asset management giant could lean on artificial intelligence as it looks to improve its customer service experience. Vanguard, which built its reputation as a low-cost and investor-friendly brokerage firm, has seen criticism about its customer service in recent years.
Municipals were little changed Monday as U.S. Treasuries were firmer and equities ended mixed. While munis have been steady over the past several trading sessions, changed no more than a basis point or two, munis “continue to rally [this month] as yields have fallen an average of 15 basis points across the curve,” said Jason
A view of flooded streets after 24 hours of continuous heavy rain over Fort Myers, Florida, United States on June 13, 2024. Anadolu | Anadolu | Getty Images Consumers preparing to renew their homeowners insurance policy may experience some unexpected sticker shock. Between May 2022 and May 2023, home insurance prices rose an average of
One owns a for-profit insurer, a venture capital company, and for-profit hospitals in Italy and Kazakhstan; it has just acquired its fourth for-profit hospital in Ireland. Another owns one of the largest for-profit hospitals in London, is partnering to build a massive training facility for a professional basketball team, and has launched and financed 80
The former owner of New York City’s now-defunct Chelsea Wine shop demanded deep discounts on a stratospherically priced French vintage as part of a bizarre, ill-fated agreement to sell the business, The Post has learned. As reported by The Post, Michael Gancarz was arrested last month for burglary and criminal trespassing after he showed up
Rattled investors are bracing for earnings from the markets biggest tech companies, a Federal Reserve policy meeting and closely watched employment data in a week that could determine the near-term trajectory of US stocks following a bout of severe turbulence. A months-long rally in massive tech stocks hit a wall in the second half of July, culminating in a selloff that saw the S&P
The US Department of Justice accused social media giant TikTok of collecting information on American users, including their views on divisive social issues like gun control, abortion and religion. TikTok employees and its Beijing-based parent company ByteDance used an internal system called Lark to share sensitive data about US users — information that has been stored on
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