The Bank of England governor has signalled markets are right to expect more than one interest rate cut this year, saying he is increasingly confident inflation is heading towards target. Andrew Bailey told the Financial Times that rate cuts were “in play” at future meetings of the BoE Monetary Policy Committee amid signs that tighter
Employee-owned international broker-dealer Baird has added depth to its newly launched California Public Finance group with the addition of Alex Boutyrski. Boutyrski, who joins as senior vice president in the Los Angeles office, has more than 10 years of public finance experience. He will work with John Baracy, a Baird managing director, who the firm
Municipals saw spots of weakness on the short end of the curve while two high-grade issuers priced the largest deals left of the week, mutual funds saw smaller inflows and U.S. Treasuries closed the session softer 10-years and in, but a touch stronger out long. Equities rallied as the markets contemplated the better likelihood of
Former U.S. President Donald Trump attends the Trump Organization civil fraud trial, in New York State Supreme Court in the Manhattan borough of New York City, October 25, 2023. Jeenah Moon | Reuters A New York judge ordered Donald Trump‘s company Thursday to tell a court-appointed financial watchdog about any future efforts to obtain bonds
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US is suing Apple for allegedly using its power in the smartphone sector to quash competition from rivals and limit consumer choice, in the latest broadside against the dominant Big Tech companies from Joe
A landmark class-action lawsuit may change the way Americans buy and sell homes. The National Association of Realtors agreed to a $418 million settlement last week in an antitrust lawsuit where a federal jury found the organization and several large real-estate brokerages had conspired to artificially inflate agent commissions on the sale and purchase of
Belmont, North Carolina, Myers Park, large brick mansion with for sale sign in front yard. Jeff Greenberg | Universal Images Group | Getty Images Sales of existing homes surged 9.5% in February from January to 4.38 million units, on a seasonally adjusted annualized basis, according to the National Association of Realtors. Housing analysts had been
3K We all know that one guy with six different AR-15s, each only slightly different than the last. That guy is never going to run out of parts to keep his guns runningwhen he needs a new extractor or recoil spring, he can just cannibalize it from one of his many extras. For the rest
Share Tweet By Billy Hallowell Editor March 19, 2024 “The Chosen” is changing inmates’ lives, bringing the Gospel message to a population desperately needing hope and transformation. Listen to them on the latestepisodeof Quick Start ? Heather Rice-Minus, president and CEO of Prison Fellowship, a ministry serving the incarcerated and their families, recently explained the
Financial services company Robinhood Markets HOOD reported fourth-quarter financial results after the market close Tuesday. Here are the key highlights. What Happened: Robinhood reported fourth-quarter revenue of $471 million, which was up 24% year-over-year. The revenue beat a Street consensus estimate of $456.8 million, according to data from Benzinga Pro. Robinhood reported earnings per share
Loading… Loading… The tech industry is witnessing a transformation as significant as the advent of the Internet in the 1990s, with artificial intelligence (AI) at the forefront of this seismic shift, according to Wedbush. Analysts at Wedbush have drawn a striking analogy to describe the impact of AI, likening a standout company in the AI
Share Tweet By Billy Hallowell Editor March 19, 2024 Picture a dystopian America where Bibles are banned, Christianity is vanquished, and believers are forced to embark on a perilous journey to worship Jesus in underground churches. That’s the world characters face in “Disciples in the Moonlight,” a feature film releasing this summer. According to an
Loading… Loading… On Tuesday, large-cap indices experienced a downturn, while small caps surged, reflecting investor attention on stock valuations. The iShares Russell 2000 ETF IWM climbed by over 1%, on track for its fourth consecutive session of gains, representing the lengthiest streak since late 2023. Blue-chip stocks declined by 0.4%, while the Nasdaq 100 dipped
A pseudonymous NFT entrepreneur known as Gmoney borrowed $1 million as a 180-day loan in tokenized U.S. dollars (USDC) using his prized Ape Punk #8219 as collateral on the Gondi lending platform. This is the first time a high-value single asset has been used to secure such a loan, according to the investor. The loan
Last weekend, I stood among thousands of Donald Trump supporters in a windy airfield, watching them watch their candidate. I traveled to the former presidents event just outside Dayton, Ohio, because I couldnt stop thinking about something that had happened one week earlier, at his rally in Georgia: Trump had broken into an imitation of
Loading… Loading… Shares of publicly listed firms such asSuper Micro Computerand Nvidiahave sparked investment discussions on social media platforms. While many seemingly joke about market volatility, others, with a more earnest approach, seek to learn. Navigating through the noiseis challenging. That's where StockTwits comes in. Established in 2009 following the Global Financial Crisis, StockTwits spent
Trial run — SpaceXs workhorse launch pad now has the accoutrements for astronauts “This system will help us scale to bigger towers and spaceships.” Stephen Clark – Mar 20, 2024 11:47 pm UTC Enlarge reader comments 45 Upgrades at SpaceX’s most-used launch pad in Florida will get a trial run Thursday with the liftoff of
Joe Biden courted the leaders of the Teamsters this week, looking for the endorsement of the 1.3-million-member union. He will probably get it. The Center for American Progress, a liberal think tank, calls him the most pro-union president in history. Hes already won the endorsement of many of the countrys most important unions, including the
nearly ready — Heres BMWs electric replacement for the X3production starts in 2025 BMW has developed an all new EV platform with better efficiency and more tech. Jonathan M. Gitlin – Mar 21, 2024 8:15 am UTC Enlarge reader comments 27 BMW provided flights from Washington to Lisbon and accommodation so Ars could be briefed
State tax revenue collections are softening and some are even negative compared to a year earlier, analysts say. “Most states are now grappling with weakened tax revenues and growing uncertainties, particularly related to the presidential election, potential federal policy changes, and geopolitical crises,” said Urban Institute Principal Research Associate Lucy Dadayan. “Overall, growth in state