Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world “Freedom and independence are today in jeopardy the world over. If the forces of conquest are not successfully resisted and defeated there will be no freedom, no independence and no opportunity for freedom
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“Before every new Congress, we go through the process of reassessing our priorities and updating our advocacy materials, said Jason Akers, managing partner at Foley & Judell and president of the National Association of Bond Lawyers. ”With the prospect of tax reform in 2025, we see an elevated need to speak out in support of tax-exempt
Oscar Wong | Moment | Getty Images Renters looking for a better deal may need to rethink the kind of properties they’re focused on in their search. As of January, median single-family home rent prices are up about 41% since before the pandemic, according to a recent report by Zillow. Meanwhile, multi-family rents are up
Southwest municipal bond issuance climbed 23% last year led again by Texas, where debt sales accounted for nearly 70.4% of the region’s volume. The increase to $103.3 billion of bonds marks a big jump from 2023’s $84 billion, which was just 0.6% higher than in 2022, according to LSEG data. Bond volume in Texas set
Crosschain trading protocol Chainflip is implementing an emergency software upgrade to prevent hackers from moving funds stolen in the $1.4 billion Bybit exploit. The move follows the Feb. 21 Bybit hack, the largest crypto exchange breach in history. Blockchain investigators, analytics firms, crypto exchanges and network protocols have since worked together trying to trace and
Crypto exchange Bybit repaid 40,000 Ether it borrowed from Bitget within three days, after a $1.4 billion hack disrupted the crypto exchange on Feb. 21. Bybit was exploited on Feb. 21 in what has been reported as one of the largest cryptocurrency hacks in history, allegedly orchestrated by North Korea’s Lazarus Group. Despite the attack,
Despite the air of gloom hanging over China’s property market, work is well under way at a construction site in the north-west of Beijing. Yellow and green cranes nestle among the scaffolding, while lines of crushed limestone trail across the upturned earth. Backed by private developer Longfor, projects like this have helped power the world’s
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world A US resolution calling for a “swift end” to the war in Ukraine passed the UN Security Council with the backing of Moscow and Beijing in a vote that dealt the latest blow
<img src=”https://public.flourish.studio/visualisation/21795219/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were slightly firmer in spots Monday as U.S. Treasury yields fell and equities ended mixed. “Munis have been slow and steady (steady may be a stretch) for the first couple of months of the year,” said Daryl Clements, a portfolio manager at AllianceBernstein. Munis returned 0.51% in January
Traders work on the New York Stock Exchange (NYSE) floor on Feb. 20, 2025 in New York City. Spencer Platt | Getty Images Spend some time looking at trading volumes, and you’ll notice something interesting: A lot of investors recently are making outsized bets on the stock market. Most of them are long bets, but
“Every deal team that has an issue they’re working on will spend a lot of time talking about this,” said Glenn Weinstein at Miller, Canfield, Paddock and Stone, P.L.C. and former chair of the National Association of Bond Lawyers’ Securities Law and Disclosure Committee.Glenn Weinstein Municipal market participants are beginning to ponder when and whether the threat to
License plate scanning cameras used to collect congestion pricing tolls in New York City.Bloomberg News New York City’s toll on motorists driving into Manhattan’s busiest areas raised $48.6 million in its first month, as President Donald Trump is seeking to end the congestion pricing program just weeks after it began. The Metropolitan Transportation Authority, which
Bloomberg News Residents owed $130 million after their senior living community went bankrupt are poised to suffer big losses but won’t be left empty-handed under a sale agreement approved by a New York federal court. Current and former residents of The Harborside, a 329-unit continuing-care retirement community in Port Washington on Long Island’s North Shore,
“Ending this discriminatory treatment of tribal governments by providing them full parity with state and local governments in accessing tax-exempt bond financing will enhance job creation, generate sorely needed governmental revenue for social services, stimulate infrastructure and business development on tribal lands, and accelerate the diversification and resiliency of tribal economies, particularly in their private
Municipal bond issuance surged past the $500 billion mark to a record in 2024, as infrastructure spending needs and election-related concerns unleashed a slew of mega deals. The muni market produced $512.7 billion of debt issuance in 2024, up 33.1% from $385.1 billion in 2023, according to LSEG data. This surpasses the previous record of $484.6
Cooling towers and reactors 3 and 4 are seen at the nuclear-powered Vogtle Electric Generating Plant in Waynesboro, Georgia, U.S. Aug. 13, 2024. Megan Varner | Reuters Expanding two power plants in Georgia and South Carolina with big, new reactors was supposed to spark a “nuclear renaissance” in the U.S. after a generation-long absence of
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US Treasury secretary has defended Donald Trump’s push for an agreement with Ukraine to develop its natural resources and critical minerals, saying the plan would fuel postwar growth in the country and
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer is US Treasury secretary While much has been reported about the economic partnership that President Donald Trump has proposed to his Ukrainian counterpart, Volodymyr Zelenskyy, there is a great deal about
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogen | CNBC The mystery over Warren Buffett’s surprisingly defensive stance deepened over the weekend. The 94-year-old CEO of Berkshire Hathaway sold more stocks in the latest quarter and grew
Linka A Odom | Stone | Getty Images Company: Liberty Live Group (LLYVA) Business: Liberty Live Group is a tracking stock that represents Liberty Media Group’s ownership stake in Live Nation Entertainment. Live Nation operates as a live entertainment company worldwide. It operates through the following segments” Concerts, Ticketing, and Sponsorship & Advertising. The Concerts
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump fired General CQ Brown as the chairman of the Joint Chiefs of Staff on Friday, ousting the respected Air Force leader as the president seeks to remove military officers who have
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