admin

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
0 Comments
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%
0 Comments
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
0 Comments
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
0 Comments
Bondholders controlling more than two-thirds of the $180 million outstanding Puerto Rico Industrial Development Co. bonds filed suit against the Puerto Rico Oversight Board and the Fiscal Agency and Financial Advisory Authority seeking full payment. Affiliates of GoldenTree Asset Management LP complained that PRIDCO’s bonds have not paid since the passage of the Puerto Rico
0 Comments
Consumers returned from the holiday season to find mortgage rates at their lowest point since September, and they are responding in dramatic fashion. Mortgage application volume jumped nearly 28% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with
0 Comments