The U.S. Virgin Islands’ beleaguered Water and Power Authority blocks development of the island, according to Gov. Albert Bryan Jr., who committed to fixing the authority’s problems in his current term, which ends January 2027. The authority’s “ongoing financial and operational woes … are an impediment to any developmental progress we hope to make as
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Germany is to supply 14 Leopard 2 tanks to Kyiv, a significant ramping up of western military aid that was condemned by Russia and prompted cheers throughout Ukraine. Chancellor Olaf Scholz announced the move at a cabinet meeting on Wednesday, describing it as the result of “intensive consultations that have taken place between Germany and
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Roger Millar, AASHTO’s new president and chief of Washington’s Department of Transportation, joins Caitlin Devitt to talk about the rollout of the Bipartisan Infrastructure Law, how a tight labor market and inflation are impacting capital plans, what a divided Congress means for transportation and an update on the Pacific Northwest’s high speed rail project. (24
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Digital asset infrastructure company Blockstream has raised $125 million to finance its Bitcoin (BTC) mining colocation services, underscoring heightened demand for its institutional hosting services amid the bear market.  The $125 million raise was financed by convertible note and a secured loan, Blockstream announced on Jan. 24. Venture capital firm Kingsway Capital led the convertible
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That which doesn’t kill you makes you stronger. For many of us, swimming underneath ice for 216 feet or running a half marathon above the Artic Circle barefoot sounds quite deadly. For endurance athlete Wim Hof, cold therapy is a pathway to greater health. “Frequent exposure to cold is linked to a number of different
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The Bund in Shanghai, China, on Oct. 17, 2022. China’s gross domestic product grew 3% in 2022, less than half of 2021’s rate. Qilai Shen | Bloomberg | Getty Images China’s economy looks poised for a rebound in 2023, but a lot depends on one variable — the consumer, said investment management firm KraneShares. “As external
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In today’s video David Jones will be talking about one of the simplest trading techniques and that is trading breakouts. Textbooks say that if a trend line breaks, then that’s it – another direction is certain. Well, that’s not exactly true. Patience is key. Making the decisions in the right time at the right price
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Municipals were steady to weaker in spots to kick off the week, outperforming U.S. Treasuries, while equities were in the black. Triple-A benchmarks were cut up to three basis points, while U.S. Treasury yields fell three to seven basis points. The three-year muni-UST ratio was at 54%, the five-year at 57%, the 10-year at 63%
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UK public sector borrowing more than doubled last month to hit the highest December figure on record, driven up by higher debt interest payments and the government’s measures to help households and businesses with soaring energy prices. Public sector net borrowing hit £27.4bn last month, up from a revised £10.7bn in the same month in
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Connecticut’s surplus projection for the current fiscal year received a $324.7 million boost. The Connecticut Office for Policy and Budget Management’s recently announced forecast for fiscal 2023, which runs through June, projects general fund revenue of $23.2 billion. Compared to December’s projections, revenues are up $265.3 million and expenses are down $59.4 million. That $324.7
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Get rewarded for reaching new levels in the loyalty program by playing games and earning loyalty points. Casino loyalty programs have evolved through the changing paradigm of the casino industry. Digitalization has provided the arena of chance-based gaming the mobility to fit right onto the handheld devices of players. Registered members that reach the VIP
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If there’s a recession, what can you do as an investor to make sure your portfolio is ready? How should you pick stocks if you are worried about a recession? And which types of stocks tend to be more resistant to recessions? Our Investing 101 series is here to help give you the knowledge you
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In this article CRM Follow your favorite stocksCREATE FREE ACCOUNT Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Jeff Ubben’s Inclusive Capital has taken a position in Salesforce, according to sources, CNBC’s David Faber reported Monday. It’s unclear what
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