The Municipal Securities Rulemaking Board has voted to move ahead with its controversial amendments to Rule G-14 on trade reporting, changing the trade reporting window to one minute from 15 minutes. That was approved during its quarterly board meeting that took place July 26-27, during which the board also approved a new $47 million budget
admin
Hospitals, already facing multiple challenges, are being stressed by a heat wave that has hit a large swath of the United States, according to a Moody’s Investors Service analyst. A heat dome that initially impacted California and Texas has spread across most of the southwest and is also affecting some Northwest states like Idaho. An
A Pennsylvania estate features a home built around a circa-1801 bank barn, accented by a dramatic modern silo and surrounded by lush gardens that lend the property a storybook feel. The landscaped 6-acre property, called Walmere Manor, is situated on a quiet cul-de-sac in Blue Bell, part of Whitpain Township, Pennsylvania. Arched trellises follow the
Issuers have had to become creative to derive interest cost savings in the years since the Tax Cuts and Jobs Act of 2017 eliminated the tax-exempt advanced refunding option. A clear successor has yet to emerge, but rising interest rates, falling prices and fluctuating relative value prompted issuers to consider tender offers as a way
Only three of Europe’s 70 biggest banks would be forced to raise capital in a doomsday scenario, the EU’s top banking regulator said on Friday, as it praised the “robust” nature of the bloc’s banking sector more than a decade after the financial crisis. The latest iteration of the European Banking Authority’s stress tests —
Signage outside Intel headquarters in Santa Clara, California, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Intel — The chip stock jumped more than 6% after the company posted better-than-expected second-quarter earnings results. The latest quarter marked a return to profitability after two consecutive losing
The Bank of England has asked former US Federal Reserve chair Ben Bernanke to review its economic forecasting after it came under heavy criticism for underestimating inflation. The BoE’s governing body, the court of directors, announced Bernanke’s appointment on Friday, adding that the review would seek to strengthen support for the Monetary Policy Committee’s approach
Mortgage rate cuts by UK banks and building societies have prompted borrowers to reconsider their home loan options, as they look to avoid locking into costly long-term deals in a shifting market. In a sign of changing conditions in the mortgage sector, HSBC, Barclays, TSB and Nationwide — all top 10 UK lenders by size
Bitcoin (BTC) stayed rangebound at the July 28 Wall Street open despite further United States inflation data beating expectations. BTC/USD 1-hour chart. Source: TradingView Fed’s “preferred” inflation metric points to waning pressure Data from Cointelegraph Markets Pro and TradingView showed BTC price action getting only a modest boost from the Personal Consumption Expenditures (PCE) Index
Blake Washington was appointed Thursday to be New York’s budget director. Washington, secretary to the New York State Assembly Ways and Means Committee, where he advises the Speaker and Assembly members on all budget and fiscal matters, was chosen for the post by New York Gov. Kathy Hochul. “With years of public service and a deep
Buck up, Britain! Enough of the wailing over high inflation and whining about soggy growth. Repeat after me: I am not an emerging market. I am not a developing country. I am not led by a lettuce. Or just listen to chancellor Jeremy Hunt, who recently rejected the “declinist narrative” going around. Careful, he says,
In true pioneer tech fashion, 20 modernist 3D-printed homes are rising in Desert Hot Springs, California, about 10 miles north of Palm Springs. Three of the four-bedroom residences, which include accessory dwelling units, have recently been listed at $995,000 each. The homes, sited in a 22-acre gated community of hilltop dwellings, are expected to be
Simon Davis is the co-founder and CEO of Mighty Bear Games, a multiplatform game developer in Southeast Asia creating accessible multiplayer experiences in Web3. Davis has spent almost two decades working in the gaming industry, but he never planned to actually work in this field. Before crypto, he was a professional guitarist who made ends
University towns in Britain are grappling with a shortage of accommodation as the supply of housing stock fails to keep pace with rising demand from domestic and international enrolments, according to new data. More than 350,000 purpose-built student beds across the UK’s 30 largest university towns and cities are needed to meet the expected demand
Bitcoin (BTC) returned to exchanges en masse on July 27 in a sign that “major volatility” could come next. According to data from on-chain analytics firm Glassnode, intraday BTC exchange inflows have hit multi-month highs. Trader warns of BTC price volatility “spike” BTC price action continues to linger below $30,000, and traders have consistently warned
Goldman Sachs executive Julian Salisbury is leaving the bank to join Sixth Street Partners, a blow to chief executive David Solomon’s efforts to build up its asset and wealth management division. Salisbury’s departure is the latest from Goldman’s asset management business, where he was chief investment officer, with other senior executives including Katie Koch and
French luxury group Hermès has defied an industry-wide slowdown in the US, posting 22 per cent growth in sales across all markets in the first half of the year. Overall revenues soared to €6.7bn for the first half, from €5.5bn in the same period last year, the Paris-based company said on Friday. Operating profit surged
The Indian Supreme Court on July 27 reprimanded the Union government for the lack of crypto regulations in the country, according to a report in a local media outlet. The Supreme Court in its observation noted that it is “unfortunate” that the government has yet to release any clear guidelines around cryptocurrencies. The observation from
Taylor Swift, my favourite stadium-filling musician, once reflected in her song “The Man” that she would be given more respect for her artistic achievements were she of the opposite sex. “They’d say I hustled, put in the work/They wouldn’t shake their heads and question how much of this I deserve.” That said, or sung, she
In this article PG ROKU INTC Follow your favorite stocksCREATE FREE ACCOUNT Signage outside Intel headquarters in Santa Clara, California, on Monday, Jan. 30, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines before the bell. Intel — Shares popped 6.7% after the chipmaker posted better-than-expected second-quarter results and
A group of companies including the UK coach and train service company Mobico has held detailed talks over launching a cross-Channel train service to rival Eurostar. Other parties involved in the discussions include the Spanish Cosmen industrialist family, which is an investor in Mobico, formerly known as National Express, according to two people with knowledge