On the latest episode of Macro Markets, analyst Marcel Pechman examines the current state of the American economy. He references a headline from Barron’s that highlights the disparity between people’s perception of the economy and the objective data. Pechman delves into the concept of excess savings, agreeing with Barron’s that a significant portion of the
For a market anchored by self-regulation and tax-exemption, creeping regulation and political crossfire are nothing new, but also show no sign of abating — look no further than the Securities and Exchange Commission’s “regulation by enforcement” and the hyper-politicization of environmental, social and governance investing factors. That’s the message from a group of municipal market
As the appropriations tug of war goes back and forth in Congress, municipalities are concerned about a wide range of federally-supported infrastructure projects which might end up on the chopping block. The National Association of Counties is already ringing a warning bell via a letter addressed to both chambers of Congress imploring the need to “prioritize federal
Ether (ETH) price has been dealing with some strong headwinds and on Sept. 11, the price of the altcoin endured a critical test when it plunged to the $1,530 support level. In the days that followed, Ether managed to stage an impressive recovery, by surging by 6%. This resurgence may signal a pivotal moment, following
Bitcoin (BTC) has been stuck inside a large range since April, indicating indecision about the next directional move. Efforts by the bears to sink the price below the support of the range were thwarted by the bulls on Sep. 11. However, Bitcoin is not out of the woods yet. Jamie Coutts, a chartered market technician
GM workers with the UAW Local 2250 union strike outside the General Motors Wentzville Assembly Plant in Wentzville, Missouri, Sept. 15, 2023. Michael B. Thomas | Getty Images Check out the companies making headlines in midday trading. General Motors, Ford, Stellantis — Shares of Ford rose slightly, while General Motors gained 1% and Stellantis was
General Motors assembly workers picket outside the General Motors Bowling Green plant during the United Auto Workers national strike in Bowling Green, Kentucky, October 10, 2019. Bryan Woolston | Reuters Check out the companies making headlines before the bell. KeyCorp — The Cleveland-based regional bank rose almost 2% premarket after Piper Sandler said the shares
If you aren't aware of the waves Darcy Donavan, the "Queen of Crypto," is making in the Web3 world, you would probably still know her face. Donavan has appeared in hit movies and television shows including, "Anchorman," "Modern Family," "Parks and Recreation," "My Name is Earl," "Las Vegas," and "Nip/Tuck," to name a few. She's
Foraying deeper into the Web3 arena, Paypal PYPL launched PayPal On and Off Ramps integration, a secure and structured payment solution. While Web3 businesses and merchants can expand their customer rooster, the process of purchasing and selling crypto in the U.S. will be made more efficient. With more and more fintech companies expanding their presence
Preparation is key for communities that live in high-risk coastal regions. Its best to always be aware of your surroundings if you live on the coast, especially in a tsunami hazard zone. Here is a list of things you need to do to survive a tsunami. Watch the ocean for warning signs There are natural
CEO insight forum — Private AI summit with senators, titans of tech garners controversy With 14 of 22 attendees being CEOs, some experts say key voices were missing. Benj Edwards – Sep 14, 2023 10:25 pm UTC Enlarge / Google CEO Sundar Pichai and Meta CEO Mark Zuckerberg arrive to the Senate bipartisan Artificial Intelligence
TradeZero USAhas completed its acquisition of Koonce Securities.Koonce will now clear securities trades for TradeZeros group of broker-dealers. Context: Established in 2015, TradeZero and its U.S., Bahamas, and Canadian subsidiaries offer commission-free stock trading and direct market center access for U.S. equities and equity optionstrading. The firms robust short-selling capabilities, extended trading hours, round-the-clock live
A rare summer rainstorm has caused a flash flood in Las Vegas. It flooded the Strip and damaged casinos. The flash flood also prompted reports of several people being swept away, with some reported as missing. The storm started on the night of Aug. 23.By 10:30 p.m. that day, videos posted on social media showed
Ray Dalio, billionaire and founder of Bridgewater Associates LP, speaks during the Milken Institute Conference Bloomberg | Bloomberg | Getty Images As concerns mount over rising interest rates and inflation levels, billionaire investor Ray Dalio says he prefers to hold cash for now, not bonds. “I don’t want to own debt, you know, bonds and
Receive free Chinese politics & policy updates We’ll send you a myFT Daily Digest email rounding up the latest Chinese politics & policy news every morning. The US government believes Chinese defence minister Li Shangfu has been placed under investigation in the latest sign of turmoil among elite members of Beijing’s military and foreign policy
Capital outflows in the crypto industry reached $55 billion in August, according to a report released by crypto exchange Bitfinex. The analysis is based on the aggregate realized value metric, which measures the realized capital of Bitcoin (BTC) and Ether (ETH) with the combined supply from the top five stablecoins: Tether (USDT), USD Coin (USDC),
Municipals were little changed Thursday as U.S. Treasuries were weaker and equities rallied. The two-year muni-to-Treasury ratio Thursday was at 63%, the three-year was at 64%, the five-year at 66%, the 10-year at 70% and the 30-year at 90%, according to Refinitiv MMD’s 3 p.m. read. ICE Data Services had the two-year at 64%, the
As transit agencies across the country face a dreaded fiscal cliff when federal stimulus dollars dry up, those agencies that win permanent revenue from their states and local governments will boost their profile while others will see their credit erode. That’s the view of experts who spoke at a transit panel Wednesday at The Bond
A “For Rent” sign outside an apartment building in the East Village neighborhood of New York, US, on Tuesday, July 12, 2022. Gabby Jones | Bloomberg | Getty Images Manhattan renters may have reached their “affordability threshold” in August, as median rents remained at record high, according to a new report. The median rent in
Meg Bakewell, who has cancer and cancer-related heart disease, sometimes emails her primary care physician, oncologist, and cardiologist asking them for medical advice when she experiences urgent symptoms such as pain or shortness of breath. This story also ran on The Sacramento Bee. It can be republished for free. But she was a little surprised