Lucy Lambriex | DigitalVision | Getty Images Despite a sizeable elderly and disabled population in the U.S., there is not enough affordable housing to accommodate those individuals. “For millions of Americans, adequate housing is more of an aspiration than a reality,” said Sen. Bob Casey, D-Pa., who serves as chairman of the Senate Special Committee
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Parties in a bankruptcy case involving a bond-financed Arizona participant sports venue objected to a motion to either appoint an independent Chapter 11 trustee or dismiss the case, arguing either move would be detrimental or premature. Legacy Cares, the venue’s owner, which filed for bankruptcy May 1 in Arizona federal court, along with bond trustee
The message of Thursday’s three UK by-elections was muddied somewhat by the Conservatives’ success in clinging on to the seat Boris Johnson vacated in outer London. But it was clear enough: this was a disastrous night for the Tories. Striking swings to Labour and the Liberal Democrats in northern and south-west England respectively confirm that
The crackdown on crypto firms by the United States Securities and Exchange Commission (SEC) appears to have severely affected Binance’s business. During the past few weeks, the crypto exchange reportedly fired over 1,000 employees and slashed some benefits. According to Binance, the “current market environment and regulatory climate” have caused a decline in profits, suggesting
The bond market was quiet to end the week, with munis and U.S. Treasuries little changed ahead of next week’s Federal Open Market Committee meeting. Equities were up near the close. The two-year muni-to-Treasury ratio Friday was at 59%, the three-year at 61%, the five-year at 62%, the 10-year at 65% and the 30-year at
With less than two weeks until Litecoin’s halving, when the miner’s block subsidy will be cut in half, traders are questioning whether the additional scarcity effect will be enough to sustain the LTC price above $90. Litecoin’s (LTC) price has declined by 19% in the last 18 days, but it has shown a positive 31%
In this article ARKK ARKF ZM ROKU TSLA 2423-HK COIN 9618-HK PDD 700-HK Follow your favorite stocksCREATE FREE ACCOUNT Cathie Wood, CEO, Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange, Feb. 27, 2023. Brendan McDermid | Reuters Ark Invest’s Cathie Wood said her flagship innovation fund
In this article HERC COF ISRG NOVA Follow your favorite stocksCREATE FREE ACCOUNT People look at vehicles at AutoNation Toyota dealership in Cerritos, California. Mario Anzuoni | Reuters Check out the companies making headlines in midday trading. Scholastic — The publisher jumped 14.2% after announcing it would increase its share repurchase amount by $100 million.
Roll the opening credits of the 1969 John Wayne classic True Grit and you’ll see a scene largely unchanged today. It’s the rugged barn and old school at a ranch for sale in Placerville, Colorado. The San Juan Mountains stretch along the distant horizon. Called True Grit West, the scenic property encompasses 336 acres on
The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images After a pause last month, experts predict the Federal Reserve likely will raise rates by a quarter of a point at the conclusion of its meeting next week. Fed officials have pledged not to be complacent about the rising cost of
Munis were slightly weaker in spots, but triple-A yield curves largely ignored U.S. Treasury losses following the release of economic data that saw initial jobless claims fall below expectations. Equities ended mixed. Municipal bond mutual fund saw inflows return with Refinitiv Lipper on Thursday reporting investors added $1.040 billion to funds for the week ending
Rishi Sunak’s Conservatives have narrowly held on to the Uxbridge and South Ruislip seat in an unexpected UK parliamentary by-election result but were poised to lose two other seats in a night of political drama. Sunak’s ruling party retained the London seat vacated by former premier Boris Johnson by fewer than 500 votes, but the
Crime in Web3 is shifting away from Bitcoin (BTC) to stablecoins while ponzi schemes remain prevalent, according to Elliptic’s former head of technical crypto advisory. Tara Annison shared the latest insights from the murky world of cryptocurrency-related crime during a presentation on the final day of EthCC in Paris, addressing a wide variety of ways in
New Jersey Transit’s newly passed fiscal 2024 budget includes no new fare hikes and increased spending year-over-year, in the face of a looming fiscal cliff. NJ Transit’s board passed a $2.86 billion operating budget on Wednesday that’s 4.1% bigger than fiscal 2023’s, with 60% of costs associated with labor and fringe benefits and 31% linked
Scott Melker is the host of The Wolf Of All Streets Podcast and author of The Wolf Den newsletter. “If I tweeted about a small cap [crypto] of some sort right now, the price would probably change by like 50%,” says Scott Melker, better known to his 904,800 Twitter followers as The Wolf Of All
In this article ABI-BE 2330-TW JNJ LVS IBM Follow your favorite stocksCREATE FREE ACCOUNT The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, July 12, 2023. Mike Blake | Reuters Check out the companies making headlines before the bell. Netflix — The streaming giant shed nearly 7% after reporting
Many first-time visitors to the West London district of Notting Hill arrive with a handful of preconceptions grown from a passing familiarity with the Portobello Road Market, the annual Notting Hill Carnival or the 1990s romantic comedy that bears its name. Not all presumptions are inaccurate, however, and in the case of Notting Hill, these
A house is for sale in Arlington, Virginia, July 13, 2023. Saul Loeb | AFP | Getty Images Sales of pre-owned homes dropped 3.3% in June compared with May, running at a seasonally adjusted annualized rate of 4.16 million units, according to the National Association of Realtors. Compared with June of last year, sales were
Data standardization across the municipal market will likely take years and much discussion to pinpoint the issues and how the market can solve them. Some of the apparent problems were discussed at the Brookings Municipal Finance Conference where Marc Joffe, federalism and state policy analyst at the Cato Institute, presented his paper outlining them. “If
One of the UK’s biggest offshore wind farm projects has been halted due to rising costs, a major blow to the UK government as it tries to encourage more investment in renewable power to meet net zero targets. Swedish energy group Vattenfall said it had halted development of its planned Norfolk Boreas wind farm after costs
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