When the full Indianapolis City-County Council on Dec. 4 approved a plan to finance Eleven Park, a $1.5 billion mixed-use development anchored by a minor-league soccer stadium, the vote was nearly unanimous. The plan, authorized by Indiana’s General Assembly, carves out a new tax area downtown: the Additional Professional Sports Development Area. It will enable
Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. Tesla has lost its position as the world’s most popular maker of electric vehicles to Chinese rival BYD despite quarterly sales that beat analysts’ estimates. The US company, run by Elon Musk, delivered 484,000 cars
2.5K The year is 2050. Americas once bustling cities are eerily quiet. Supermarkets have been deserted for years. But in your pantry are the foods to stockpile filled decades ago. Your pantry could be stocked with foods that have virtually no shelf life. Whats up, my preppers? Early in my prepping days I made some
Loading… Loading… A new survey reveals that 99% of U.S. financial services companies put similar, or more focus, on crypto or blockchain projects in 2023 compared to prior years. What Happened: Paxos surveyed 400 U.S.-based executives from companies with at least $50 billion in assets under management or $50 billion annual payments volume. Here's a
Loading… Loading… The Bitcoin BTC/USD ecosystem is predicted to witness unprecedented opportunities and growth in 2024, according to areportthatdissects macro and micro trends andforecastsa bright future for the largest cryptocurrency and related assets. Foremost among the predictions made by the analysis, titled Bitget's 2024 Bitcoin Report,is the surge in value for popular cryptocurrencies such as
Moomoo, an investment and trading platform known for its professional-grade tools and investor empowerment philosophy, has recently unveiled an upgrade to its Cash Sweep program . Aimed at U.S. investors, this program allows users to earn passive income on their idle cash with a 5.1% annual percentage yield (APY)*.Empowering Investors Moomoo focuses on providing tools
Loading… Loading… Digital asset bankSygnum recently conducted a survey to assess the impact of blockchain technology in comparison to crypto assets. According to the results, a substantial 81% of respondents believe that crypto assets are crucial for the future of global finance??. This survey underscores a significant shift in perceptions toward cryptocurrencies. Historically, the banking
an explainer — Heres how the EPA calculates how far an EV can go on a full charge Ever wonder how an EV’s official range estimate is calculated? Wonder no more. Evan Williams – Jan 2, 2024 12:00 pm UTC EnlargeAurich Lawson | Getty Images reader comments 0 How does the US Environmental Protection Agency
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US law firms are ending 2023 with pay rises and bonuses as they try to compete with rivals in spite of a slump in demand, though some lawyers face a cut to payouts if they
In this article ELAN Follow your favorite stocksCREATE FREE ACCOUNT Sally Anscombe | DigitalVision | Getty Images Company: Elanco Animal Health (ELAN) Business: Elanco is an animal health company that delivers products and services to prevent and treat disease in farm animals and pets. Its portfolio serves animals across its core species and offers products
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Emerging market stock indices have underperformed the broad equity rally this year. They’ve lagged behind not only American, Japanese and continental European equities, but even UK stocks. In sterling terms they’ve barely broken even. With
Medford, Oregon-based hospital nonprofit Asante Health had its A-plus rating, with negative outlook, affirmed by Fitch Ratings at year-end as it works toward completion of a new building at its flagship hospital. Fitch said in a report Tuesday that it maintained the negative outlook, first assigned in January, because “Asante continues to record weakened operational
Municipals were quietly traded and little changed in the last session of 2023 while U.S. Treasuries were mixed and equities were in the red near the close. The two-year muni-to-Treasury ratio Friday was at 59%, the three-year at 59%, the five-year at 59%, the 10-year at 59% and the 30-year at 86%, according to Refinitiv
Total 2023 municipal bond volume fell slightly from 2022 as market volatility, higher interest rates, pandemic aid and slower economic growth kept issuers on the sidelines. However, a robust fourth quarter buoyed issuance for the year, so volume only ticked down 2.8%, much better than previous quarters where issuance was down double digits. The year
With 2023 municipal bond issuance of $59 billion, Texas wrested the title of top volume state from long-time debt behemoths New York and California. The debt, which was sold by Texas state agencies, cities, counties, schools, and others, and accounted for 15.5% of nationwide issuance, lifted the Lone Star State to the number one ranking
Illinois saw an uptick in its fiscal fortunes in the past fiscal year, one of the few times the state’s net position has improved since that figure swung from black to red in to red in 2002. The net position includes tax collections and government services and measures the state’s assets relative to its total
The muni industry is looking forward to key tax legislation moving forward while also eyeing the possible sunset of key provisions of the Tax Cut and Jobs Act, though the number one priority of muni lobbyists remains the restoration of tax-exempt advance refunding. “We continue to work this issue tirelessly,” said Brett Bolton, VP, federal
Loading… Loading… Crypto exchange Coinbase Global Inc.COIN on Tuesdayannounced the launch of Project Diamond, a new smart contract-powered platform aimed at institutions,designed to facilitate the creation, purchaseand sale of digitally native assets. The first transaction on Project Diamond was the issuance, distributionand maturity of a digital debt instrument, which served as a technical demonstration for
2.3K The year is 2050. Americas once bustling cities are eerily quiet. Supermarkets have been deserted for years. But in your pantry are the foods to stockpile filled decades ago. Your pantry could be stocked with foods that have virtually no shelf life. Whats up, my preppers? Early in my prepping days I made some
fewer EVs than last year — Here are the 10 best cars we drove in 2023 EVs, hybrids, and a couple of sports carshere are the 10 best cars we drove in 2023. Jonathan M. Gitlin – Dec 29, 2023 12:30 pm UTC EnlargeAurich Lawson/Getty Images reader comments 5 The mince pies have been eaten,