A federal judge in Michigan signed off on a $626.25 million settlement that resolves litigation over the state’s role in the Flint water contamination crisis, closing one chapter of the debacle as legal cases proceed on other tracks against former state officials and bond underwriters. The state sold $603 million of taxable bonds in June
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A registered general securities representative has agreed to pay $10,000 to settle Financial Industry Regulatory Authority charges that he violated the Municipal Securities Rulemaking Board’s fair dealing rule when he provided incorrect and misleading account reports to a customer. Antoine Nabih Souma agreed to pay the fine and be subject to a two-month suspension from
Alexander Lukashenko has threatened to cut the transit of gas and goods through Belarus to Europe if the EU imposes further sanctions on his regime over the migrant crisis on the Belarusian-Polish border. The Belarus president was responding to an announcement by Ursula von der Leyen, European Commission president, on Wednesday that the bloc would
[The webcast is scheduled to begin at 4:45 p.m. ET. Please refresh the page if you do not see the player above.] Elon Musk’s SpaceX is planning to launch four astronauts to the International Space Station from Florida on Wednesday, as the company keeps up a steady pace of crewed missions. Known as Crew-3, the
Selim Korkutata | Anadolu Agency | Getty Images The Securities and Exchange Commission has until Nov. 14 to give a thumbs up or thumbs down to the VanEck Bitcoin ETF, the first exchange-traded fund in a long line of “spot” bitcoin ETFs that have applications in front of the regulator. The SEC has delayed a
A gas pump at an Arco gas station in San Diego, California. Mike Blake | Reuters October’s surge in consumer prices was driven by some factors that may linger. Market pros say the Federal Reserve may be forced to move up the timeline on its ultimate inflation-fighting tool: interest rate hikes. The consumer price index
Bitcoin price hit another all-time high at $69,000 as Ether continued its long slog toward $5,000 after reaching a new high at $4,868 earlier today. Shortly after hitting this fresh milestone, however, traders began taking profit, leading to a nearly-$7000 drop. Interstingly, the breakout initiated right as a report from the U.S. Bureau of Labor
New York is in love with the new. During week after week in the fall of 2021, buyers at the upper end of the real estate market have been choosing with their dollars. What they choose, time and again, is newly constructed (or not even yet constructed) condominiums. While fewer billionaires are actually purchasing units
Only 28% of Manhattan office workers are back at their desks and fewer than half will return by January, according to a new survey. Employers expect that 49% of office workers will return on an average weekday by January, according to a survey of 188 big employers in Manhattan by the Partnership for New York
Learn the secrets of Momentum Style traders, including both price and earnings momentum and how to apply the Zacks Rank to find the best stocks for this style.
Robin Prunty, chief analytical officer, U.S. Public Finance at S&P Global Ratings, and Arlesa Wood, director of bond administration for Miami-Dade County, Florida, have been named the private and public sector winners of 2021’s Freda Johnson Award for Trailblazing Women in Public Finance. Along with Prunty and Wood, the Northeast Women in Public Finance have
Bitcoin (BTC) surprised everyone on Nov. 10 as BTC price action abruptly hit new all-time highs. Bitcoin, Ethereum “relentlessly up” Data from Cointelegraph Markets Pro and TradingView captured a snap change of direction for BTC/USD, which gained $2,000 in just 45 minutes. In step with various similar moves in recent weeks, Bitcoin not only reversed its
Incoming New York Mayor Eric Adams has already heard calls from watchdog groups to boost New York’s new rainy-day account and fine-tune the policies controlling deposits and withdrawals. New York’s mechanisms are less defined than other U.S. cities’, state Comptroller Thomas DiNapoli said in a report Wednesday. DiNapoli urged city officials to tap recent changes
US consumer prices are expected to have surged in October at their fastest pace in three decades, as bottlenecks and other supply-chain disruptions intensify and inflationary pressures broaden. Consensus forecasts compiled by Bloomberg indicate that the consumer price index to be published by the Bureau of Labor Statistics on Wednesday rose 5.9 per cent in
Bitcoin (BTC) remains bullish but has “one more leg down” to complete before a resurgence, one trader argues. In analysis on Nov. 10, popular Twitter account Crypto Ed said that the pullback from this week’s all-time highs above $68,500 was turning out to be deeper than anticipated. Target $65,000 for Bitc “Going a bit deeper
NASA Administrator Bill Nelson speaks at a press briefing at the Kennedy Space Center in advance of the launch of the Boeing Starliner Orbital Flight Test 2. Paul Hennessy | LightRocket | Getty Images The National Aeronautics and Space Administration on Tuesday delayed its plans to return astronauts to the surface of the moon, announcing
In this article FUBO ACB-CA POSH COIN DASH Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in after hours trading: Coinbase — Shares of Coinbase dropped more
Thursday, November 11 is Veteran’s Day in the United States, when we honor those who have served in our nation’s armed services. According to the Veteran’s Administration, more than 185,000 of the vets who have received care in one of their facilities have been diagnosed with a traumatic brain injury (TBI), and between 11% and
skynesher | E+ | Getty Images It’s no secret that there is a gender pay gap in the U.S. Women earned just 84% of what men made in 2020, according to the Pew Research Center. Consequently, it would take female workers an extra 42 days to make the same income men did that year. Now,
It was a good day to be an issuer in the municipal primary market. With U.S. Treasuries rallying, municipals followed with triple-A benchmark yields falling as much as five basis points out long and more than $6 billion of new issues were digested in both competitive and negotiated markets, some deals seeing large repricings to