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Democrats on the House Natural Resources Committee began a revival attempt on the Puerto Rico Status Act on Thursday, aiming to give the island territory’s voters the choice of statehood. The bill, which died at the end of the last congressional session, would establish a binding plebiscite – a direct vote on the island to choose between
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Rishi Sunak was accused of “dithering” on Thursday as he agonised over whether he can cling on to deputy prime minister Dominic Raab following accusations that his ally bullied civil servants. The prime minister was handed a report into the bullying allegations by employment lawyer Adam Tolley KC on Thursday morning and spent the day
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The top two municipal bond insurers wrapped $5.735 billion in the first quarter of 2023, a 32% decrease from the $8.430 billion of deals done over the same period in 2022, according to Refinitiv data. The industry par amount for the top two issuers was achieved in 260 deals in 2023 versus 419 deals in
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A pair of computer science researchers recently published pre-print research indicating that the nascent cryptocurrency market is beginning to show a level of maturity similar to the traditional equities market.  Dubbed “Collective dynamics, diversification and optimal portfolio construction for cryptocurrencies,” the paper was written by Dr. Nick James, a fellow at the University of Melbourne’s
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Illinois navigated a rocky market to clear its $2.5 billion general obligation sale Wednesday, paying more on the shorter end than its bonds have been trading, but seeing healthy demand on the long end for the newly stamped-A level rated paper. The mostly tax-exempt transaction took center stage this week amid a total of $11.5
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press release PRESS RELEASE. SINGAPORE – SAI.TECH Global Corporation, a clean-tech company specializing in Bitcoin mining, heating, and power industry, hosted its virtual corporate annual conference, SAITIME 2023 on April 20th at 08:30 EST. The virtual conference was hosted by founder & CEO Arthur Lee and was live-streamed on YouTube and Zoom. Live tweets and
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Olathe, Kansas, plans to issue up to $810 million of taxable industrial revenue bonds to finance the construction and equipping of soft-drink bottling, warehouse, and distribution facilities that would be leased to a private business. The city council unanimously passed a resolution Tuesday approving the Heartland Coca-Cola Bottling Company project and signaling its intent to
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Tennessee Gov. Bill Lee signed his hallmark $3.3 billion Transportation Modernization Act into law earlier this week, clearing the way for the state’s first public-private-partnerships meant to help cover the mounting costs of developing the state’s roadways. Tennessee is one of only five states that require road work be funded on a pay-as-you-go basis and
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This video provides a basic introduction to the notion of valuation ratios — simple guides that attempt to provide a yardstick by which to compare the value of companies. The video also introduces the Price/Earnings ratio (P/E ratio), probably the most well known valuation ratio. Explore the opportunities for unlimited commission-free investing in Stocks &
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Last month, just after Silicon Valley Bank collapsed, a team of American economists embarked on the daunting task of crunching 5.4mn tweets. The reason? When SVB failed it was dubbed the world’s first “Twitter-fuelled bank run” by Patrick McHenry, House Financial Services Committee chair. So, the economists — Anthony Cookson, Corbin Fox, Javier Gil-Bazo, Juan
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Dogecoin rebounded from Wednesday’s drop, with the meme coin briefly climbing back above $0.090 in today’s session. However as the day progressed, bearish sentiment heightened, with price declining. Litecoin was also down today, and continues to trade near a multi-week low. Dogecoin (DOGE) Dogecoin (DOGE) was volatile on Thursday, as prices moved back into the
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