Municipals closed the month and the first half of 2024 on a quiet note ahead of the Fourth of July holiday-shortened week and a new-issue slate coming in at a measly $240 million — though there was much to watch on the sidelines. Munis outperformed U.S. Treasuries Friday by holding steady as govies saw some
The Supreme Court decision in SEC v. Jarkesy, ruling that the Securities and Exchange Commission can’t use administrative court proceedings in cases where it seeks civil penalties, may close down one lane the SEC uses to enforce the market, but it won’t altogether change how the Public Finance Abuse Unit operates. The municipal securities market
The Colorado Educational and Cultural Facilities Authority (CECFA) created a non-profit subsidiary for its bond-financed purchase of a historic hotel that inspired Stephen King’s The Shining. The authority’s board on Wednesday passed a resolution to form the Stanley Partnership for Art, Culture, and Education, LLC, to facilitate the financing, ownership, and operation of the Stanley
Issuance rose in June as improved market momentum, growth of Build America Bond refundings and mega deals pushed bond volume higher year-over-year for the sixth consecutive month. June’s volume came in at $44.769 billion in 798 issues, up 12.8% from $39.705 billion in 867 issues in 2023. June’s total is above the 10-year average of
As California grapples with tax revenue shortfalls that threaten his state policy ambitions, Gov. Gavin Newsom delivered an unusual State of the State speech that critics said barely touched on the state’s challenges. Thea pre-recorded speech released Tuesday focused on national politics over state policy. The speech came after the governor and the legislature’s leaders,
In this article LEVI Follow your favorite stocksCREATE FREE ACCOUNT A Levi’s store at the Orlando Vineland Premium Outlets in Florida. Jeff Greenberg | Universal Images Group | Getty Images In a lyric on her latest album, Beyoncé sings “denim on denim, on denim, on denim.” Levi Strauss shoppers are taking that advice to heart.
After OxyContin manufacturer Purdue Pharma filed for Chapter 11 bankruptcy in 2019, members of the Sackler family, which controlled the company, arranged a resolution that included personal protection from civil liability for contributing to opioid-related deaths. That shield was part of a mass settlement that promised myriad litigants a total of $6 billion. The Supreme
President Joe Biden had more than three years to roll back former President Donald Trump’s tariffs that are driving up prices for consumers and businesses. He did not, even though Biden had made clear during the last campaign that he knew Americans were bearing the cost of those trade policies. Instead, Biden chose to pander
One of President Joe Biden’s pledges upon entering office in 2021 was to expand Americans’ access to high-speed broadband internet. But despite apportioning tens of billions of dollars to the task, not one person has been connected to the internet as a result of the initiative. Contained within the 2021 infrastructure bill, the Broadband Equity
Dominance — Rocket Report: China flies reusable rocket hopper; Falcon Heavy dazzles “I have a problem: Rockets are built and kept in stock but not finding customers.” Stephen Clark – Jun 28, 2024 11:00 am UTC Enlarge / SpaceX’s 10th Falcon Heavy rocket climbs into orbit with a new US government weather satellite.SpaceX reader comments
On Tuesday, the Department of Homeland Security (DHS) announced the hiring of 10 artificial intelligence experts as the first members of its new “AI Corps,” which will eventually become a 50-member advisory group. The new hires “will help DHS responsibly leverage new technology and mitigate risks across the homeland security enterprise,” a press release explained.
Share Tweet By Tr Goins-Phillips Editor June 27, 2024 Comedian and famed political commentator Bill Maher predicted recently it’s “very likely” former President Donald Trump will win the November election. He went on to condemn the modern political left as “aggressively anti-common sense” during an interview with English journalist Tina Brown at the Aspen Ideas
1.7K A few years ago, an expat friend of mine asked if I could transport some cash to her passport country, to which I was traveling. I agreed, not thinking much of it. Since we were both incredibly underpaid English teachers at that time, I expected that she would be sending only a few hundred
3.3K Fun shooting with interesting training possibilities for minimal cost Daisy’s adult Red Ryder BB gun shown with a $6 supply of ammunition – 2400 shots! The aluminum beverage can was nearly cut in half after two casual shooting sessions (range was around 15 yards). Fun, yes, but not a toy. Daisy’s adult Red Ryder
? — Big Pharmas fight against drug price reforms takes weird, desperate turn PhRMA claims price negotiations raise costs and that drug patents lower them. Beth Mole – Jun 27, 2024 8:29 pm UTC Enlarge / Stephen Ubl, president and chief executive officer of Pharmaceutical Research and Manufacturers of America (PhRMA), speaks during a Bloomberg
Dominance — Rocket Report: China tests reusable rocket tech; SpaceX booster flies for 22nd time “I have a problem: Rockets are built and kept in stock but not finding customers.” Stephen Clark – Jun 28, 2024 11:00 am UTC Enlarge / SpaceX’s 10th Falcon Heavy rocket climbs into orbit with a new US government weather
Large language models — Google Translate just nearly doubled its number of supported languages This includes common languages like Cantonese and lesser-known ones like Manx. Samuel Axon – Jun 27, 2024 7:45 pm UTC Enlarge / The logo for PaLM 2, a Google large language model.Google reader comments 42 Google announced today that it has
PCTI is a low priced stock seeing accumulation while EXTR makes 2 acquisitions PC-Tel: https://www.zacks.com/stock/quote/PCTI?cid=CS-YOUTUBE-FT-VID Extreme Networks: https://www.zacks.com/stock/quote/EXTR?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Today we look at commodity currencies, before moving on to explore currency crosses. We explain what a cross pair is and which are the three most-traded Forex crosses. We finish by touching upon the exotics and explain which is one of the most important exotic pairs. Visit us at https://trading212.com Download our free mobile apps
To read this article for freeRegister for FT Edit now Once registered, you can: Read this article and many more, free for 30 days with no card details required Enjoy 8 thought-provoking articles a day chosen for you by senior editors Download the award-winning FT Edit app to access audio, saved articles and more