Municipal bond issuers in the Northeast sold $115 billion of debt in 2,261 deals during 2021, an 11.7% volume decline from 2020, according to Refinitiv data. The Dormitory Authority of the State of New York was the top issuer in both the region and in the nation last year. In 2021, DASNY issued $7.86 billion
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The geopolitical news flow is likely to result in volatile moves in Bitcoin (BTC) and altcoins in the next few days. News of Russian President Vladimir Putin ordering the nuclear deterrence forces on high alert may be viewed as a negative, but reports of talks between the warring nations could be positive as it raises
Rakuten Group, the Japanese electronic commerce and online retail company based in Tokyo has announced the launch of a non-fungible token (NFT) marketplace called Rakuten NFT. The announcement notes that new features will be added in the future, and a peer-to-peer service for minting and selling NFT content is planned to launch in 2023. Rakuten
Fitch Ratings on Friday revised Pittsburgh, Pennsylvania’s outlook to stable from negative and affirmed its AA-minus rating ahead of an upcoming general obligation bond deal. Fitch said the revision reflects its expectation “the city will maintain stable financial performance, gradually rebuilding reserves after a large draw on fund balance in 2020 that resulted from pandemic
In this article AMZN WMT HD SOFI PANW The Amazon logo is seen at the company logistics center in Lauwin-Planque, northern France. Pascal Rossignol | Reuters Stocks have been volatile over the last two months, and the way ahead is looking tumultuous. Investors are contending with an array of factors that have shaken financial markets,
In this article ETSY BYND FL Etsy displayed on the Nasdaq billboard in Times Square New York. Paul Zimmerman | Nasdaq | Getty Images Check out the companies making headlines in midday trading. Etsy — Shares of the e-commerce shopping platform rallied more than 13% in midday trading after reporting better-than-expected results for the fourth
Sometimes, finding the perfect listing is just the start of the process; It can take an entire team of experts to turn a house into a home. The vast majority of homeowners need some type of repairs, renovations, furnishing, or design help. If you’re a real estate agent, there’s a good chance your clients are
Iryna Imago | Istock | Getty Images Ah, the joys of homeownership … until something breaks and there’s no landlord to call. If you just moved into your new home or are in the market for a house, be aware that 77% of homeowners have dealt with an unexpected issue that required shelling out money
The Puerto Rico Oversight Board on Friday rejected the possibility of renegotiating the Puerto Rico Electric Power Authority debt deal with the local government and also filed an objection in the PREPA bankruptcy to bondholders’ motion to compel mediation. In a press conference following the board’s public meeting, Board President David Skeel said, “There are
The new Illinois fund set up to manage the assets of suburban Chicago and downstate police pension funds would get an extra year to complete the consolidation under legislation being pursued by the fund that says it can’t meet a June 30 deadline. The Illinois Police Officers’ Pension Investment Fund told lawmakers during a committee
The cryptocurrency ecosystem has seen a tremendous amount of growth over the past couple of years, as the introduction of decentralized finance (DeFi) and the popularity of nonfungible tokens (NFT) have led to an explosion of projects on more than a dozen blockchain networks. The rapidly growing ecosystem means investors have to keep track of
In this article BRK.A Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Berkshire Hathaway‘s operating profits surged in the fourth quarter and for the full year as the conglomerate’s businesses continued to roar back to life from the pandemic economic slowdown. Chairman Warren Buffett increased his bet on that comeback, buying back
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022. Brendan McDermid | Reuters Federal Reserve Chairman Jerome Powell testifies before Congress in the week ahead, and markets will hang on what he says regarding how the Ukraine conflict could impact Fed policy. Powell will
With a landscape of sun-soaked coastal dunes, saltwater marshes and mesic forests—as well as a warm, wet climate—the eastern Florida seaside town of Merritt Island can often resemble a tropical island. “The first time I drove down the South Tropical Trail I could have sworn I had been transported to the Caribbean,” says Grace Vista,
monkeybusinessimages | iStock | Getty Images Looking for a new home may seem like a daunting task these days. Prices are up, inventory is low and mortgage rates are rising. That’s why, in this environment, it pays to do your homework before you enter the market. Once you start looking, you’ll have to move at
See what steps and techniques you should do to trade for maximum profits and minimum risk.
Los Angeles Controller Ron Galperin gave a “still needs improvement” rating to the city’s efforts to put a $1.2 billion bond authorization for affordable housing to work. The city spent $870,000 per unit on one project and if it doesn’t rein in costs, the per unit price could soar to $900,000 or $1 million, Galperin
Ether (ETH) reached a $3,280 local high on Feb. 10, marking a 51.5% recovery from the $2,160 cycle low on Jan. 24. That price was the lowest in six months, and it partially explains why derivatives traders’ main sentiment gauge plummeted to bearish levels. Ether’s futures contract annualized premium, or basis, reached 2.5% on Feb.
Bitcoin (BTC) price traded down 23% in the eight days following its failure to break the $45,000 resistance on Feb. 16. The $34,300 bottom on Feb. 24 happened right after the Russian-Ukraine conflict escalated, triggering a sharp sell-off in risk assets. While Bitcoin reached its lowest level in 30 days, Asian stocks were also adjusting
Municipal triple-A yields rose three to four basis points on Friday, losing up to half the gains they made Thursday, as U.S. Treasuries saw losses throughout the day but ended flat. Equities rallied hard after the European Union imposed sanctions on Russia and the U.S. indicated it would follow suit. Municipals had a hard time