The United States economy has been facing turbulent times lately, with the U.S. Personal Consumption Expenditure (PCE) inflation index rising by a significant 3.5% over the past 12 months. Even when excluding the volatile food and energy sectors, it’s evident that the efforts made by the U.S. Federal Reserve to curb inflation have fallen short
Spartanburg, South Carolina, will soon be home to another city’s minor league baseball team with the help of the city’s largest-ever economic development package. Spartanburg’s city council approved a $425 million public-private partnership development deal on Tuesday, anchored on a new 3,500-seat minor league baseball stadium officials said will help revitalize the city’s downtown area.
Receive free BP PLC updates We’ll send you a myFT Daily Digest email rounding up the latest BP PLC news every morning. The allegations that prompted Bernard Looney’s resignation from BP included an accusation that the chief executive promoted women with whom he had undisclosed past relationships, according to people familiar with the matter. The
After selling off for a week and a half, munis ended Friday’s session firmer, but September losses moved the asset class into the red for the year, returning -1.79%. “September and to a lesser degree October have not been kind to municipal investors in recent history, with average returns of -5.7% and -1.8%, respectively, going
September municipal bond issuance rose slightly year-over-year, becoming the first month of 2023 to see supply increase from 2022 levels, as several billion-dollar deals were priced and a general market acceptance of the Fed’s ‘higher for longer’ stance took hold. Led by tax-exempt, new-money deals, September’s total volume ticked up 1.2% to $27.585 billion in
A pair of Texas Congressmen are urging the Federal Railroad Administration to reject joint grant applications by Amtrak and railroad company Texas Central to build high-speed rail between Dallas and Houston. Republicans Rep. Jake Ellzey and Rep. Michael McCaul sent a Sept. 28 letter to the FRA outlining their opposition to the controversial project. The
California Democratic leaders are asking the state Supreme Court to remove a business-backed measure from the November ballot that would require voter approval for any increase in state or local taxes. Senate President Pro Tempore Toni Atkins, D-San Diego and Assembly Speaker Robert Rivas, D-Hollister, filed an emergency petition with the state Supreme Court Tuesday
Bitcoin (BTC) is attempting to trade above $27,000 which is a positive sign. In the past few days, Bitcoin’s price held up above $26,000 in adverse conditions when the United States dollar index (DXY) was rising sharply and the S&P 500 index (SPX) was plunging. This suggests that selling dries up at lower levels. The
Tesla CEO Elon Musk arrives for a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Check out the companies making headlines in midday trading. Tesla — Stock in the electric vehicle company added more than 2% in midday
The Municipal Securities Rulemaking Board has requested comment on draft amendments to Rule G-12 on uniform practice, in efforts to codify, retire and reorganize 40 pieces of interpretive guidance related to interdealer confirmations. The move will aid the MSRB in its goal of retiring approximately 20% of its body of interpretive guidance, much of which
In this article NKE UEC TXRH EDIT RMD EAT MTN Follow your favorite stocksCREATE FREE ACCOUNT Black Friday shoppers wait to enter the Nike store at the Opry Mills Mall in Nashville, Tennessee, on November 25, 2022. Seth Herald | AFP | Getty Images Check out the companies making headlines in premarket trading. Nike —
With its upcoming Guoco Midtown mixed-use development, GuocoLand is creating a vibrant urban hub fostering well-being, community and the future lifestyle of the people. At a time when hybrid work arrangements have become the norm and wellness a priority for many, discerning businesses and consumers are on the hunt for real estate that blends functionality
European cryptocurrency investment firm CoinShares is optimistic about cryptocurrency regulation in the United States as the firm enters the new market. On Sept. 22, CoinShares officially announced the launch of its new division, CoinShares Hedge Fund Solutions, marking the first time the firm introduce its offerings to qualified U.S. investors. CoinShares’ entrance into the U.S. market
Bad polling numbers for President Joe Biden are fueling concerns about his 2024 re-election campaign seeking a second term in the White House. Bidens job approval figures have dropped to the low 40s on average while some polls indicate a hypothetical 2020 rematch leaning in favor offormer President Donald Trump. Then there is the fact
On Sept. 19, Justin Sun, founder of Tron Network TRX/USD tweeted: 1B #USDT on #TRON. The Tron Network account echoed the celebration, tweeting: "#TRON is the king of #USDT". 1B #USDT on #TRON https://t.co/mJnjuQgus9 H.E. Justin Sun ??? (@justinsuntron) September 19, 2023 Feroz Lakhani, senior partnerships manager for Tron Network said, "More people around the
Within six weeks of launching its stablecoin PYUSD, PayPal Holdings IncPYPL managed to not only be compatible with numerous blockchain platforms but also been able to secure a spot in the New York Department of Financial Services (NYDFS) greenlist. What Happened?PayPal announced in a blog post today, Individuals using compatible external wallets, and merchants accepting
From STEMCELL Technologies Inc. Sep 29 2023 Reviewed by Danielle Ellis, B.Sc. STEMCELL Technologies, Canada’s largest biotechnology company, is pleased to announce it will be the presenting partner of the Girls and STEAM Summit at Science World in Vancouver. The Summit, which takes place on November 4, 2023, is a full-day event with workshops, hands-on
In an era where technology is often dubbed the great equalizer, it's the nuanced differences that are leaving an impact. As industries evolve at a breakneck speed, so does their need for technology that's cut from the same unique cloth as their challenges. The cookie-cutter, off-the-shelf solutions are being nudged out by bespoke technologies specifically
By Neha Mathur Sep 29 2023 Reviewed by Danielle Ellis, B.Sc. In a recent article published in The Lancet Global Health, researchers presented the findings of a population-based study conducted across 185 countries to estimate premature deaths due to 36 different types of cancers in 2020, a leading cause of premature deaths worldwide. Study: Quantitative estimates
Former government agent Tim Ballard, whose story is highlighted in the summer box office hit Sound of Freedom, has issued a defense against recent allegations of sexual misconduct. As Christian Headlines previously reported, Ballard was accused of taking women on overseas missions focused on sex trafficking and pretending that they were his wife. He was