A proposal to help solve California’s property insurance crisis would tap the bond markets and could involve billions of dollars in debt issuance. The debt would be issued through the California Infrastructure and Economic Development Bank. Assembly Bill 2996 authored by Assemblymember David Alvarez, D-San Diego, would help stabilize the insurance marketplace by bolstering the
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Municipals were little changed while U.S. Treasury yields rose and equities ended mixed. Municipal bond mutual funds saw inflows as investors added $1.047 billion to funds after $512.9 million of inflows the week prior, according to LSEG Lipper. This marks nine straight weeks of inflows. <img src=”https://public.flourish.studio/visualisation/19228117/thumbnail” width=”100%” alt=”chart visualization” /> High-yield continued to show
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The Senate Committee on Environment and Public Works is changing leadership regardless of who wins the election as Chairman Tom Carper, a champion of the Biden administration’s tax and infrastructure policies, including the Inflation Reduction Act, will not be returning to Congress next term. “As Chairman of the Senate Environment and Public Works Committee, I’m
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If any two beliefs are shared by both critics and admirers of former President Donald Trump, they are these: His whims were frequently hamstrung by the people who surrounded him during his first term in office, and that won’t be allowed to happen again. Trump’s victory in 2016 appeared to surprise his campaign as much
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The major proposals pitched by the campaigns of Vice President Kamala Harris and former President Donald Trump would both expand the federal budget deficitthough Trump’s plans would require significantly more borrowing over the next decade. Trump’s proposals would add an estimated $5.8 trillion to the deficit over the next decade, according to the Penn Wharton
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Unless you’re living under a rockor just don’t watch TVyou’re probably familiar with the mugshot and fingerprint steps of booking. Fewer are aware of the latest addition: the mouth swab. On Friday, Herbert Stanback pleaded guilty to the hit-and-run that killed Ruth Buchanan 32 years ago. Investigators with the Charlotte-Mecklenburg Police Department identified Stanback by
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close video We’re seeing crisis level deficit spending right now: Adam Kobeissi The Kobeissi Letter Editor-in-Chief Adam Kobeissi discusses the growing government debt, arguing it’s a crisis growing over the longterm. As the 2024 presidential campaign heats up, Vice President Kamala Harris and former President Trump have laid out competing economic visions for the country. 
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