Municipals were steady to weaker in spots Tuesday as the $800-million-plus general obligation bond deal from the state of Washington took focus in the primary. U.S. Treasuries were weaker and equities rallied. Triple-A yields rose a basis point while UST saw yields rise again, as much as five to six, with larger losses on the
Crypto fans are rejoicing at the sight of green across the market on July 19 as the months of “down only” price action has finally come to an end after the market flashed its first substantial relief rally in at least a month. Data from Cointelegraph Markets Pro and TradingView shows that much of the
Final financing deals are nearly complete for two long-planned commuter rail projects billed as transformational for the Northwest Indiana corridor that sits in the shadow of Chicago along the Lake Michigan shoreline. Both Northern Indiana Commuter Transportation District projects achieved major milestones in June. The Indiana Finance Authority closed on a $203.3 million federal Railroad
The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3 exahash per second (EH/s). Marathon Secures 254 MW of Bitcoin Mining Capacity —
Municipal bond fund flows have a direct impact on borrowing decisions made by issuers held in the fund, argues an academic paper presented Tuesday at Brookings Municipal Finance Conference that sheds light on the little-studied question. But the relationship may appear less clear in the real-world experiences of some market participants. The impact, if any,
Local governments plan to spend the majority of their Infrastructure Investment and Jobs Act funds on roads, with water and broadband projects also getting high priority. That’s according to a joint survey by the National League of Cities and Polco, in which 82% of respondents said they intended to spend federal dollars on roads, bridges
press release PRESS RELEASE. Austrian Post, the national postal service of Austria, has announced the launch of its latest product called Crypto stamp art (CSA), which is based on the Ethereum blockchain. The shift to focus on going digital first is significant, since Austrian Post is a major player in the blockchain industry and have
While a tentative date for The Merge has been pencilled in by developers, and even though it’s quite possible it could be delayed once again, Ethereum’s hashrate has dropped 26.26% during the last 45 days. 18.21% of the hashrate loss took place after June 30, as Ethereum’s global hashrate slipped from 1,190 terahash per second
In this article GS IBM BA IBM CEO Arvind Krishna appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. IBM – Shares of IBM slipped 6.6% after the tech company
A heat wave blasting Texas and other states is not shaping up to be a hot-weather version of 2021’s Winter Storm Uri and its days-long blackouts, according to Fitch Ratings. Summer capacity constraints and rolling blackouts, should they happen, “are not viewed as a near-term risk to U.S. public power and electric cooperative credit quality,”
A ballot initiative that would have raised taxes on wealthy Californians to fund pandemic prevention and public health programs will appear on the 2024 ballot. Max Henderson, the startup investor who led efforts, told California Healthline they delayed the measure, because concerns about COVID-19 are being crowded out by economic pressures. “Our goal was to
Shiba inu was trading close to a two-month high on Tuesday, despite prices marginally falling from yesterday’s peak. As of writing, prices of the meme coin remained elevated, despite earlier gains easing. Bitcoin cash was also higher, rising for a seventh consecutive session. Shiba Inu (SHIB) Following on from yesterday’s rally which took prices to
Bitcoin (BTC) hugged $22,000 on July 19 as macro conditions slowly turned to favor risk assets. Stocks, crypto rise as dollar weakens Data from Cointelegraph Markets Pro and TradingView showed BTC/USD cooling volatility immediately below the crucial 200-week moving average (WMA). The Wall Street open saw further gains for United States equities in the face of
The Eastern end of Long Island, better known as The Hamptons is a coveted enclave with coastal and country homes, mansions, and estates. It’s a great place to live, vacation, and most importantly, shop. Fortunately, there’s no shortage of great places to furnish and decorate these incredible dwellings. Here are some of the best places
It is no secret that a vast majority of investors, both from the realm of traditional as well as crypto finance, view Bitcoin (BTC) as a long-term store of value akin to “digital gold.” And, while that may be the dominant narrative surrounding the asset, it is worth noting that in recent years the flagship
The top municipal underwriters accounted for $199.247 billion in 4,650 issues in the first half of 2022, down from the $222.640 billion in 6,201 transactions during last year’s first half. BofA Securities remained in the top spot — underwriting $24.528 billion of deals — despite accounting for considerably fewer transactions and market share than the
The Dormitory Authority of the State of New York headlined the top 10 issuers of the first half of 2022, almost all of which outperformed their par amounts year-over-year. Five new issuers entered the top 10, two of which did not sell debt in the first half of 2021. The five issuers who fell out
It may have once felt natural to assume net-zero residences and luxury living could never take up housekeeping together. Not any longer. Net zero apartments that offer sumptuous creature comforts have not only made the scene, but are seemingly being snapped up by luxe-minded, eco-conscious residents as fast as they go on the market. To
Topline New housing starts unexpectedly plunged more than economists projected in June as home builders grappled with the effects of rising interest rates curbing demand for new homes, according to data released Tuesday, adding to signs of an abrupt turnaround in the booming housing market. Key Facts The number of housing starts, or new houses
ConsenSys is set to tokenize smart contract and security auditing services through the upcoming auction of eight “timeboxed” TURN tokens. The Ethereum-focused blockchain software company has developed the offering through its smart contract audit service ConsenSys Diligence. TURN, short for Time-Unit Representative NFTs, will create an open marketplace for security auditing services, which are in