Puerto Rico’s general fund net revenues were 28% above projections in December and 14% higher than those of December 2021. Through the first six months of the fiscal year, net revenues came in 14% ahead of projections and 3% ahead of July to December 2021, according to the Puerto Rico Department of the Treasury. Net
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In this article LRCX PNT-FF IP PHM UPS MCD AOS PARA CAT Follow your favorite stocksCREATE FREE ACCOUNT General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe Biden at media day of the North American International Auto Show in Detroit, Michigan, September 14, 2022. Rebecca Cook |
There are rumors that Dogecoin could switch from proof-of-work to proof-of-stake (PoS). Do I know if Dogecoin is switching to PoS? No. Do I think it’s going to PoS? Probably not. But I love the “what if” game. As a person who works in the crypto mining industry, I do my best to gauge where
Average household income, or as called more precisely by the Census Bureau, mean household income, is quite different from median household income. For example, a city’s median household income is the income of the household that’s at the 50% point of the entire distribution of households in that city. In contrast, the mean household income
Former US President Donald Trump addresses the crowd during a 2024 election campaign event in Columbia, South Carolina, on January 28, 2023. Logan Cyrus | AFP | Getty Images The New York attorney general’s office on Tuesday said it will ask a judge to impose sanctions on former President Donald Trump and his attorneys in
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The Puerto Rico Oversight Board’s offer to the bondholders of the Puerto Rico Electric Power Authority is based on a pessimistic projection for electricity consumption, with its best interests test offering two scenarios for recovery that range from nothing to 59%. PREPA continues working toward an agreement with bondholders and the bankruptcy mediation process was
Indian billionaire Gautam Adani has succeeded with his $2.4bn equity sale by securing bids to cover all shares on offer despite a short seller report targeting his industrial empire. The equity sale, intended to widen the shareholder base of Adani Enterprises, became a test of investor faith after short seller Hindenburg Research released a report
Chicago’s fiscal progress on structural balance and pensions drew rating upgrades and high-grade investors to recent bond deals but easing the longer term strains of pensions will require state intervention, Mayor Lori Lightfoot said. Whether the city’s fiscal momentum can help Lightfoot win a second term is uncertain. She faces eight rivals vying for
Traders tend to lighten up positions before important events because they hate uncertainty. The United States Federal Reserve’s policy decision is on Feb. 1, where the central bank is expected to hike rates by 25 basis points. Market observers will keenly watch for any hints about how high the rates could go. That could be
The crypto market is down today, as market volatility increases ahead of the Feb. 1 Federal Open Market Committee (FOMC) meeting and a slew of negative news events weigh on Bitcoin, Ether and altcoin prices. After jumping to new highs for 2023, Bitcoin (BTC) and Ether (ETH) retraced a portion of their recent gains.The primary
In today’s episode of let’s talk stocks, we are going to talk about short term vs. long term duration calendar spreads. We’ll talk about when is it a good time to do shorter-term vs. longer-term duration calendars, as well as their profit potential, volatility and more. #longtermcalendars #shorttermcalendars #calendarspreads #calendarduration #profitcalendars Posted at: https://tradersfly.com/blog/short-long-term-calendars-ep-217/ ?
In this article MRNA AMD CVNA AMC M F GEHC TSLA CL Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines in midday trading Monday. Macy’s flagship store in Herald Square in New York, Dec. 23, 2021. Scott Mlyn | CNBC Colgate-Palmolive — Shares gained 2.8% after Morgan Stanley upgraded the stock
Mixed-use developments have traditionally entailed a blend of multifamily housing, offices, and square footage devoted to retail and service businesses. But as mixed-use becomes increasingly popular as a design choice for teeming urban enclaves, the concept’s definition has been stretched to include health care facilities as well. Hospitals derive multiple benefits from the arrangement. Expanding
The Federal Reserve is widely expected to announce its eighth consecutive rate hike at this week’s policy meeting. This time, Fed officials likely will approve a 0.25 percentage point increase as inflation starts to ease, a more modest pace compared with earlier super-size moves in 2022. Still, any boost in the benchmark rate means borrowers
Tracey Ryniec and Kevin Cook take a look at two highly ranked stocks. Alteryx: https://www.zacks.com/stock/quote/AYX?cid=CS-YOUTUBE-FT-VID Oxford Industries: https://www.zacks.com/stock/quote/OXM?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
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The Municipal Securities Rulemaking Board wrapped up its quarterly meeting last week discussing several important topics, but ended without taking or announcing any concrete actions. The meeting was the first of calendar year 2023, but the second of the MSRB’s fiscal year, which began Oct. 1 2022. The agenda for the meeting, which ended Thursday,
The EU is planning to hit back at the US’s $369bn Inflation Reduction Act with looser state aid rules on tax credits for green investment. Under a draft plan seen by the Financial Times, the European Commission will further loosen the rules to support investment into new production facilities in green sectors, including via the