Lawmakers approved a Washington state bill last week that would supplement existing highway bond authorizations with an additional pledge of vehicle-related fees. Gov. Jay Inslee has 20 days from the Legislature’s approval to sign or veto the bill. “The Legislature recognizes the importance of transportation electrification and the need to maintain stable funding for highway
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Municipal analysts expect high-yield investors to welcome Tuesday’s restructuring of Puerto Rico’s central government bonds as the commonwealth begins repaying bondholders since it defaulted on its debt in 2016, marking an official end to a years-long, contentious bankruptcy process. The restructuring will affect $33.2 billion of bonds, making it the largest municipal restructuring in U.S.
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In a four-story apartment building in Brooklyn, New York, a very small company is implementing a very big idea: Electrify every building in the United States by leasing landlords the necessary equipment to make the transition. BlocPower is a Brooklyn-based start-up that has “greened” more than 1,200 buildings in New York City and has similar
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European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An alternative proposal on crypto assets by European Parliament member Stefan Berger receives support instead. Committee Rejects Proof-of-Work Ban The Committee on Economic and Monetary Affairs (ECON) voted on the proposed Markets in Crypto Assets (MiCA)
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Ripple‘s XRP price risks dropping by more than 25% in the coming weeks due to a multi-month bearish setup and fears surrounding excessive XRP supply. XRP descending triangle XRP has been consolidating inside a descending triangle pattern since topping out at its second-highest level to date — near $1.98 — in April 2021. In doing so, the XRP/USD pair
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