Munis yields rose Thursday, following and outperforming a U.S. Treasury sell-off on the heels of strong-than-expected economic data. Equities ended down. Thursday’s “economic data offers the latest evidence that the U.S. economy is weathering the fastest rate hikes in a generation without much damage to the major gear-works of the economy,” said Wells Fargo Securities
The ongoing challenges faced by publicly-owned mass transit authorities are looming large as federal funding for COVID relief will start drying up in in 2024. Possible solutions to careening over the financial cliffs include raising taxes, raising fares, tapping future casino revenue, and instituting controversial congestion traffic plans. “Just last week we unveiled our financial
The Optimism network has surpassed Arbitrum in transaction volume for the first time in six months, according to July 27 data from blockchain analytics platform Artemis. Both networks are layer 2s of Ethereum that use optimistic rollup technology, which compresses and batches transactions before submitting them to Ethereum, potentially lowering transaction fees. Optimism fell behind
Crypto exchange Coinbase Global IncCOIN announcedon Wednesday the integration of a new messaging feature into its Wallet, aiming to enhance user interaction within the crypto community. To provide a seamless and secure user experience, Coinbase Wallet partnered with XMTP, an open protocol and network for secure Web3 messaging. The company stated thedevelopment was part of
SACRAMENTO, Calif. Weeks after Democratic lawmakers forced Gov. Gavin Newsom to make good on a four-year-old pledge to use tax penalty proceeds from fining the uninsured to increase health insurance subsidies for low- and middle-income Californians, Covered California officials announced they will funnel that money into reducing out-of-pocket spending for many enrollees struggling with the
A broken record — Launch of heavyweight commercial communications satellite reset for Thursday night [Updated] SpaceX will again launch a competitor’s satellite, this time a 10-ton behemoth. Stephen Clark – Jul 27, 2023 12:15 pm UTC Enlarge / SpaceX’s Falcon Heavy rocket stands on Launch Complex 39A at NASA’s Kennedy Space Center before the launch
Mastercard's stock price has reached unprecedented heights, surpassing its previous all-time high and breaking through the $400 psychological barrier. Since its public trading debut in May 2006, Mastercard's stock has seen a consistently bullish trajectory, climbing over 9000%. Mastercard Inc MA stock price advances to record-breaking levels, surpassing its previous all-time high. After a two-year
So far, 2023 has been a tough year for crypto, with a persistent down market and regulatory uncertainty that will likely send many blockchain ventures overseas for more favorable conditions. Yet the potential of blockchain to improve life for everyone remains with an increasing number of projects with practical use cases. A recent survey by
Visa V has been in consolidation for two years, since trading at an all-time high of $252.67 on July 27, 2021.This was warranted considering that V was trading 37x earnings, significantly higher than its typical range of 25x 30x earnings. Now that the fundamentals have caught up to its stock price, V may be poised
A KKR logo is displayed on the floor of the New York Stock Exchange (NYSE), August 23, 2018. Brendan McDermid | Reuters Private equity firms should be motivated to hunt for deals despite the challenging interest rate environment as the potential purchase price tends to be more in their favor, according to KKR’s Global Co-Head
(Click here to subscribe to the Delivering Alpha newsletter.) The job market may be strong, but the invisible strings that connect workers to their jobs are increasingly weaker. Trends such as “lazy girl jobs” and “quiet quitting” have gone viral in a post-pandemic world where young workers are trading ambition for balance. Actors and writers continue to
As you read this you may be experiencing one of the hottest days in history in your area or breathing smoke from a wildfire. These situations are more and more common, causing physical impacts, but also bringing process and design questions into discussion. Adaptation means taking on responsibility for those who live in dangerous areas.
Robert Richardson, founder of the Off Grid Survival website, has warned that the mainstream media is weaponizing artificial intelligence (AI) to get rid of legitimate prepping and survival sites. Instead of articles written by experienced preppers, Richardson warned that there are now a lot of prepping websites full of AI-generated and stolen content run by
A broken record — Launch of heavyweight commercial communications satellite reset for Thursday night SpaceX will again launch a competitor’s satellite, this time a 10-ton behemoth. Stephen Clark – Jul 26, 2023 10:09 pm UTC Enlarge / SpaceX’s Falcon Heavy rocket stands on Launch Complex 39A at NASA’s Kennedy Space Center before the launch of
Isaac Asimoc, a writer well-known for his works of science fiction, penned the “Three Laws of Robotics” in 1972. Asimov wrote these “laws” while thinking about androids, and he imagined a world where human-like robots would have human masters and need a set of programming rules to prevent them from causing harm. But51 years after
Get ready for a revolution. Crypto is on the verge of transforming finance, just like the internet revolutionized information. Theres a lot of good thats bound to come to the world once we break the walled gardens of finance, said Jason Yanowitz, the co-founder at Blockworks, the media brand thats driving forward the most important
A power outage can be inconvenient and devastating, especially if you are unprepared. Here’sa sample to-do checklist for specific tasks immediately following a grid-down scenario. Take time to carefully think through this task list with your family and create your own plan to prepare for when the power grid goes down. Locate your family members
Customizable Pages — The Browser Companys unconventional browser Arc releases publicly on Mac It’s still based on Chromium, but the user experience is quite different. Samuel Axon – Jul 26, 2023 10:46 pm UTC reader comments 67 with These left-aligned tabs are sorted into “pinned tabs” and “today tabs.” Samuel Axon You can also sort
Global investment giant BlackRock is expanding its reach in India with a partnership targeting the launch of the “digital-first offering” in India. BlackRock, on July 26, officially announced a joint investment project with Jio Financial Services (JFS), an arm of Indian tycoon Mukesh Ambani’s Reliance Industries — India’s most-valued firm. The companies each plan to
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