DAVOS, SWITZERLAND For the unacquainted, Davos is the home of the World Economic Forum, and hosts a yearly confab of the global elite. The stars are the chiefs of globalist institutions like the IMF; the UN; progressive prime ministers; and all the big banks. This year was different. The headliner was a real-estate developer from
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Costco is pushing back on a shareholder proposal that urges the wholesale club operator to conduct an evaluation of any business risks posed by its diversity, equity and inclusion practices. Investors were expected to vote on the recommendation during the companys annual meeting Thursday. The National Center for Public Policy Research, a conservative think tank based in
When Vladimir Putin daydreams, he imagines himself saluting a phalanx as it goose-steps across central Kyiv. In Donald Trumps version of the fantasy, he is triumphantly floating through the Panama Canal on a battleship. Both men see themselves recovering lost empires, asserting their place in history by reversing it. During his first term, Trump set
California is advising health care providers not to write down patients immigration status on bills and medical records and telling them they dont have to assist federal agents in arrests. Some Massachusetts hospitals and clinics are posting privacy rights in emergency and waiting rooms in Spanish and other languages. This story also ran on CNN.
ChatGPT, the popular artificial intelligence-powered bot, had been experiencing outages early on Thursday morning, according to tech giant OpenAI. Attempts to log into the site were met with error messages before dawn on Thursday Eastern Standard Time. OpenAI’s status page indicated that it has received several reports of “elevated error rates” affecting ChatGPT as well
The life expectancy among Native Americans in the western United States has dropped below 64 years, close to life expectancies in the Democratic Republic of the Congo and Haiti. For many Asian Americans, its around 84 on par with life expectancies in Japan and Switzerland. This story also ran on ABC News. It can be
From rolling back drug pricing policies to limiting gender-affirming care, President Donald Trump signed several health-related executive orders in the first hours of his second presidency. Heres a roundup of the changes and what they mean. This slide presentation first appeared on KFF Health News Instagram account. If you enjoyed this story from the KFF
PASADENA, Calif. As Fernando Ramirez drove to work the day after the Eaton Fire erupted, smoke darkened the sky, ash and embers rained onto his windshield, and the air smelled of melting rubber and plastic. He pulled to the side of the road and cried at the sight of residents trying to save their homes.
People sift through burned remnants of a property in Los Angeles.Bloomberg News The pictures are horrific and terrifying. Entire neighborhoods wiped out like a war zone. Over 12,000 buildings destroyed. Hundreds of thousands ordered to evacuate. Nearly 40,000 acres burned. And it is not even over yet. The destruction in Los Angeles is overwhelming. It
The cooling towers of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. Danielle DeVries | CNBC Power companies that are most exposed to the tech sector’s data center boom plunged early Monday, as the debut of China’s DeepSeek open source AI laboratory led investors to question how much energy artificial
The Deer Island wastewater treatment plant in Boston is owned by the Massachusetts Water Resources Authority, the largest borrower from the Massachusetts Clean Water Trust’s revolving fund.Adobe Stock The Massachusetts Clean Water Trust returned to the market on Wednesday where its triple-A green and sustainability bonds were well received. The $541 million negotiated deal is
KBRA downgraded Chicago’s GO bonds to A-minus on Friday. The outlook is negative. Bloomberg News Kroll Bond Rating Agency downgraded Chicago’s general obligation bonds to A-minus from A on Friday. KBRA said the move reflects the city’s “extremely limited” options for raising new recurring revenues or materially cutting operating expenditures. It said those conditions will
An aerial view of the sun rising above homes that burned in the Eaton Fire on January 21, 2025 in Altadena, California. Mario Tama | Getty Images A few weeks ago, the home of Dr. Damon Raskin in Los Angeles’ wildfire-stricken Pacific Palisades neighborhood burned to the ground. Yet even as he, his wife and
In this article FANG CHRD T T FANG Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images The stock market has been coasting on enthusiasm as President Donald Trump takes the reins, but plenty of questions remain over tax cuts and tariffs. Dividend-paying stocks can offer investors some
In this article QRVO Follow your favorite stocksCREATE FREE ACCOUNT Qorvo logo of a US semiconductor company is seen displayed on a smartphone and pc screen. Sopa Images | Lightrocket | Getty Images Company: Qorvo Inc (QRVO) Business: Qorvo is a global supplier of semiconductor solutions. The company operates through three segments: High Performance Analog
<img src=”https://public.flourish.studio/visualisation/21307028/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady Friday as U.S. Treasury yields fell slightly and equities ended lower. The 10-basis-point-plus UST rally in the week of Jan. 13 led to slightly more attractive muni-UST ratios as munis lagged, but not for long, said Barclays strategist Mikhail Foux. While UST yields were stable the
Hans Hanf, former head of municipal markets at BAM, was remembered by friends and colleagues. Hans Hanf, former head of municipal markets at BAM, whose career in municipal finance spanned nearly half a century, died on Jan. 22. He was 76. Hanf’s friends and colleagues remembered him as someone who could effortlessly bring people together.
PREPA bondholders told the Puerto Rico Energy Bureau rates must be set to cover outstanding bond principal and interest. The Puerto Rico Oversight Board and bondholders of the Puerto Rico Electric Power Authority are engaged in a potentially high stakes argument over how electric rates should be set, which could profoundly impact bondholders’ recovery. The
Warren “Bo” Daniels will lead the meeting as chair of the MSRB board. MSRB Ongoing work to potentially simplify the submission process for new issue disclosure and discussion of dealer supervisory obligations given changing work patterns will be among the topics on deck at the Municipal Securities Rulemaking Board’s upcoming quarterly board meeting. The MSRB’s
Nevada Gov. Joe Lombardo sparked a budget firestorm ahead of the legislative session by proposing a budget with a deficit and naming a new budget chief. Nevada Gov. Joe Lombardo replaced his budget chief just days before Nevada lawmakers convene on Feb. 3 for their regular legislative session, where they will discuss the governor’s budget
The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite President Donald Trump’s comments on Thursday that he’ll “demand that interest rates drop immediately.” So far, the central bank has moved slowly to recalibrate policy after hiking its key benchmark 5.25 percentage points between 2022 and 2023 in an
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