The Puerto Rico Oversight Board Friday approved the commonwealth’s fiscal 2024 budget that increases government spending and was already approved by the governor and local legislature. The budget consensus marks a departure from the long history of disagreements between the territory’s elected government and the board created by the federal government to restructure Puerto Rico’s
Municipals were steady to end the month and first half of the year ahead of a paltry new-issue calendar which will see next week’s volume drop to the lowest level of 2023. U.S. Treasuries were firmer out long and equities rallied. Treasuries saw yields fall by as much as seven basis points on the long
Connecticut Green Bank is offering a seventh round of its one-year taxable Green Liberty Notes in a sale set to conclude on July 31. With buy-in starting at $100, the notes are geared towards retail investors, carry a 5% coupon rate, and will be issued through CGB Green Liberty Notes LLC, a subsidiary of the
Dallas is moving ahead with plans to finance the replacement of its convention center and improvements to Fair Park starting with the private placement in August of short-term debt, which would be refunded as part of a sale of at least $1.4 billion of long-term bonds in 2024. The city council June 14 authorized work
The crypto market remains volatile after the June 14 Federal Open Market Committee (FOMC) announcement and presser with Fed Chairman Jerome Powell revealed that the central bank would pause rate hikes for June. While this move aligned with investors’ expectations, the crypto market has yet to show any bullish momentum. Powell also mentioned that at
One of the largest investors in Thames Water has given its support for the utility as other industry figures sought to stave off any possible nationalisation of the sector. The £90bn Universities Superannuation Scheme (USS), which has a near 20 per cent stake in Thames Water, said on Friday: “We have given our backing to
In this article NKE CCL FREY Follow your favorite stocksCREATE FREE ACCOUNT A shopper leaves a Nike store along the Magnificent Mile shopping district with a purchase on December 21, 2022 in Chicago, Illinois. Scott Olson | Getty Images Check out the companies making the biggest moves in premarket trading: Nike — Shares dropped nearly
June municipal bond issuance dropped 9% from 2022 as uncertainty over Federal Reserve policy and market volatility continued, but the total was the highest month of the year. June’s total volume was $34.436 billion in 744 issues, down from $37.775 billion in 984 issues a year earlier, according to Refinitiv data, and lower than the
The 2023 Apple Worldwide Developers Conference logo is displayed on a smartphone screen. Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading Friday. Apple — Shares of the tech giant gained more than 1%, bringing the company’s market value to more than $3 trillion, a milestone first achieved
Cryptocurrencies must reach mass adoption to unlock their maximum potential as a network technology and their value as financial assets. As with other technologies, the adoption of crypto follows a classic bell curve: Starting from a small number of innovators, it grows as early adopters embrace it, moving into mass adoption as it expands to
The Supreme Court on Friday blocked the Biden administration’s student debt relief plan in a 6-3 decision, stopping more than 40 million borrowers from receiving loan forgiveness and delivering a major defeat to one of the president’s key campaign promises. Chief Justice John Roberts, writing for himself and his five conservative colleagues, ruled that Congress
I fear you have met my sons, Sirrus and Achenar — 30 years later, Myst demake for Atari 2600 reminds us how far weve come Unofficial Myst port for 8-bit Atari 2600 gives the ’90s adventure a ’70s makeover. Benj Edwards – Jun 29, 2023 10:17 pm UTC Enlarge / Blocks ahoy!Vince Weaver reader comments
Kevin Spacey is a “sexual bully” who gets turned on by humiliating younger men and “aggressively” grabbing them in the crotch, a UK prosecutor told the Hollywood star’s sex assault trial Friday. The 63-year-old two-time Academy Award winner was all smiles again as he arrived at London’s Southwark Crown Court on Friday to face a
On May 28, U.S. lawmakers released a draft of a bill allowing the U.S. to increase its debt ceiling. This bill alsoincluded a number of add-on taxes, such asthe Digital Assets Mining Energy (DAME) excise tax which proposed taxing crypto miners 10% of the cost of the electricity used for Bitcoin BTC/USD mining in 2024,
The Supreme Court ruled Friday that an evangelical Christian web designer could not be forced to work on wedding sites celebrating same-sex couples because it would violate her First Amendment right against compelled speech. The 6-3 decision settled the 2016 case brought by Lorie Smith, 39, who sued the Colorado Civil Rights Commission over the
In the midst of the financial crisis in October 2008, Berkshire Hathaway Inc. CEO Warren Buffett made a significant late-night phone call to the then-Treasury Secretary Henry "Hank" Paulson. Buffett aimed to share an idea that could potentially revive the struggling economy. Don't Miss:Why Silicon Valley Elites Are Betting On This Startups Vision For Reuniting
Beating the legally mandated July 1 deadline to produce a balanced budget, New York Mayor Eric Adams and City Council have agreed on a $107 billion spending plan for fiscal 2024. “The agreement we reached today comes in the midst of a budget cycle dominated by great challenges and unexpected crises, but I am proud
Origin, a financial wellness startup, announced its acquisition of Finny, leaving the financial terms of the deal undisclosed. Briefly:Origin will integrate Finnys education, content, curriculum, and debt management tools, further bolstering its platform which simplifies finances for individuals by making it easy to track spending, get advice, as well as manage investments. Impact: "I'm thrilled
Reviewed by Lily Ramsey, LLM Jun 30 2023 Protein aggregates accumulate during aging and are linked to neurodegenerative diseases like Alzheimer's, Parkinson's or Huntington's disease. A new study by the Nyström lab at Gothenburg University, in collaboration with the Max Planck Institute for Biology of Ageing in Germany, describes a novel, engineered approach that makes
Who needs LEO? — Motorolas Satellite Link hotspot lets you send messages via outer space Following the announcement in February, the $150 device is available today. Ron Amadeo – Jun 29, 2023 10:51 pm UTC reader comments 59 with The Motorola Hotspot. It connects to the satellite network and has Bluetooth. That’s it. The device