Municipals were little changed in secondary trading Tuesday as the focus was on the primary where the state of Washington sold large general obligation bond deals ahead of the FOMC rates decision. Treasury yields rose a basis point or two throughout most of the curve and equities ended the session in the black. The two-year
A collection of muni market affinity groups are hosting their second annual summer mixer in August on the rooftop of Nixon Peabody’s downtown Los Angeles office. The event will be held Aug. 10 from 5 p.m. to 8 p.m. Last summer’s inaugural event drew just north of 100 people, and they are hoping for a
Enjoy complimentary access to top ideas and insights — selected by our editors. Transcription: Chip Barnett (00:03):Hi, and welcome to another Bond Buyer podcast. I’m Chip Barnett and my guest today is Eric Merlis, managing director and co-head of global markets at Citizens Bank. And we’re going to be focusing on the economy, financial markets
The U.S. government is contemplating new restrictions on the export of AI chips to China in an effort to limit Chinas technological advancements and contain its rising influence. The ban, which may go into effect as soon as next month, would prevent Nvidia Corp. NVDA and other chipmakers from shipping their products to clients in
South Korean Fintech CompanyU Fintech Hub Incannounced today that it has successfully raised $4 million in a recent capital funding round led by Forest Partners. What Happened?With this current funding round, U Fintech Hub has raised approximately $10 million in capital. U Fintech Hub operates the global remittance platform "Utransfer," specializing in B2B and C2C
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
Since its inception, Titan, an asset management platform, has been a game-changer in democratizing wealth management. The company is now shaking up the cash management industry with its latest offering, Smart Cash. Benzinga spoke with Titan co-founder and co-CEO Clayton Gardner about the new product. Born out of Gardners personal frustrations with managing his own
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
Chinese blockchain Sputnik’s maiden voyage A Chinese satellite has become the first in the world to carry a blockchain imaging and screening system into orbit. According to local news outlet Red Star News on July 22, the Tai’an Star Era 16 was successfully launched into orbit from the China Jiuquan Satellite Launch Center. Developed by
A view of high-rise buildings is seen along the Suzhou Creek in Shanghai, China on July 5, 2023. Ying Tang | NurPhoto | Getty Images The Chinese economy could be facing a prolonged period of lower growth, a prospect which may have global ramifications after 45 years of rapid expansion and globalization. The Chinese government
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In this article CDNS NXPI FFIV WHR Follow your favorite stocksCREATE FREE ACCOUNT NXP Semiconductors Source: nxp.com Check out the companies making headlines in extended trading. Cadence Design Systems — Shares fell 4% after the company posted its second-quarter results. Revenue in the company’s product and maintenance category came in at $922.8 million, compared to
The Massachusetts Department of Transportation’s executive board last week approved a $15.7 billion capital plan for 2023 to 2028. Approximately 60% of capital spending called for is “focused on improving the reliability and resiliency” of the existing infrastructure, MassDOT chief Gina Fiandaca wrote in an introduction to the plan, with an additional 23% going towards
Worldcoin (WLD), the native token of the “privacy-preserving digital identity (World ID)” project founded by OpenAI co-founder Sam Altman, soared after listing on major crypto exchanges on July 24. At the time of writing, WLD trades at $2.22, reflecting a 33% gain on the day. Despite criticism from nearly every corner of the crypto sector,
Bitcoin (BTC) plunged to $29,000 on July 24, signaling that bears are trying to seize control. It looks like the failure to hold on to the higher levels may have tempted short-term bulls to book profits and aggressive bears to initiate short positions. Although the near term looks bearish, long-term investors remain unfazed and they
Credit Suisse has been fined $388mn by US and British regulators for “significant failures in risk management and governance” related to the collapse of Archegos Capital, which caused a $5.5bn trading loss and helped bring about the demise of the Swiss lender. The US Federal Reserve imposed a $269mn penalty on the bank for “unsafe
Lithuanias prominent institutional actors in fintech including the Ministry of Finance, the Bank of Lithuania, Go Vilnius, ROCKIT, and Fintech Hub LT signed a Memorandum of Understanding, solidifying guidelines to enhance conditions for business in the sector and fostering the development of transparent regulatory frameworks through 2028. Context: Lithuania holds the title of the largest
When Greenland was Green — Long-forgotten frozen soil sample offers a warning for the future Ancient soil was buried under a mile of ice until excavated during the Cold War. Paul Bierman and Tammy Rittenour, The Conversation – Jul 22, 2023 11:24 am UTC Enlarge / Water and sediment pour off the melting margin of
According to a new survey, a majority of college students believe that professors who say something “offensive” should be reported to the university. The survey , from researchers at North Dakota State University, found that 74 percent of students overall supported reporting professors for offensive statements. While a majority of students from all political persuasions