The Internal Revenue Service is examining a $338.4 million 2015 bond issuance by the Clark County School District in Nevada and asking questions about federal tax compliance, according to a letter the district received from the IRS that was disclosed on EMMA. According to the disclosure filing, the IRS is asking for copies of specified
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The Biden administration has announced it planned to spend $585 million to fix aging water systems in the West, more than half going to California. The funding announced Wednesday during an event at the Imperial Dam on the Colorado River in Yuma, Arizona, will go to 83 projects across 11 states. California will receive $308
Bitcoin (BTC) and crypto may yet see a long-term correction thanks to central banks keeping liquidity tight, Bloomberg warns. In its latest research, Bloomberg Intelligence revealed cool stance on the ongoing 2023 crypto market rally. Bloomberg: Expecting BTC price to hold “may be illogical” Despite gaining 70% in Q1, Bitcoin is not convincing everyone that
Competing visions for the future of New Jersey’s corporate tax system emerged in the wake of changes proposed by Gov. Phil Murphy. As part ofa $53.1 billion fiscal year 2024 budget proposed in late February, Murphy said he intended to let a corporate business tax surcharge instituted in 2020 in response to COVID-related budget gaps,
Citing “rollbacks in the face of myopic right-wing pushback against responsible fiduciary investing,” New York City Comptroller Brad Lander said Wednesday that two of the city’s pension funds have established new plans to reach net zero emissions in their investment portfolios by 2040. “If the cynical war of political distraction waged by red-state politicians at the
The Securities and Exchange Commission has settled with Roberto Mejill-Tellado for his role in acting as an unregistered investment advisor for the City of Mayaguez, Puerto Rico, where he and six others were accused of defrauding the city of $9 million. In June 2022, Mejill-Tellado pleaded guilty to one count of conspiracy to commit wire
On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should return to the “gold standard” and said she’s taking a “hard pass” on digital
In this video, we explore 4 different ways to use ChatGPT for trading stocks or investing. ChatGPT is an AI-powered chatbot that can help you make better investment decisions if you know how to use it and get the best out of it. Whether you’re a seasoned trader or just starting out, these tips will
Assured Investment Management (AssuredIM), which runs the institutional asset management business of Assured Guaranty Ltd., and some of its affiliated asset management companies, will be acquired by asset management firm Sound Point Capital Management. Insurers Assured Guaranty Municipal Corp. and Assured Guaranty Corp. “will also engage Sound Point as their sole alternative credit manager to
In this article AI AMC LEVI XPO Follow your favorite stocksCREATE FREE ACCOUNT A consumer shops in a Costco store in Miami on Sept. 28, 2021. Joe Raedle | Getty Images Check out the companies making headlines in midday trading. Costco — The wholesale retailer’s shares dropped 2% after the company announced sales dipped 1.1%
Moody’s Investors Service raised Detroit’s general obligation rating to the highest speculative grade, moving it one notch away from a return to investment grade as it continues its slog back from bankruptcy. Thursday’s one-notch upgrade puts the city’s GO and issuer rating at Ba1 and Moody’s sent another positive sign by continuing to maintain a
The US is pushing back against efforts by some European allies to offer Ukraine a “road map” to Nato membership at the alliance’s July summit, exposing divides in the west over Kyiv’s postwar status. The US, Germany and Hungary are resisting efforts from countries such as Poland and the Baltic states to offer Kyiv deeper
Dogecoin was one of Thursday’s biggest movers, as the meme coin fell by as much as 9%. The decline comes as market sentiment begins to shift, following huge gains to start the week. Litecoin was also in the red today, with prices hovering near the $90.00 level. Dogecoin (DOGE) Dogecoin (DOGE) fell for a third
A gated 75-acre estate in the heart of Bedminster, New Jersey, hunt country can accommodate an array of equestrian pursuits, with multiple riding arenas and thoughtfully designed modern barns surrounded by meticulously detailed landscaping. The property draws inevitable comparisons to world-class equestrian properties in Lexington, Kentucky, and Wellington and Ocala, Florida, said Sharon Ortepio of
Tether (USDT) continues to benefit from the ongoing turmoil in the U.S. dollar-backed stablecoin industry with its market capitalization growing significantly in Q1 2023 at other stablecoins’ expense. Tether market cap reaches $80 billion On April 6, the circulating market cap of USDT surpassed $80 billion for the first time since May 2022 with a
Any appraisal of the Good Friday Agreement, which is passing its 25th anniversary, must start with one fact. Up to 1998, 3,488 lives were claimed by Northern Ireland’s grinding conflict. And then, for the most part, the campaigns of killing stopped. All criticisms of the deal are mere footnotes to that. The principles of the
In the past 20 days, the Arbitrum blockchain has recorded a significant number of transactions coinciding with the recent ARB airdrop that occurred on March 23. About two weeks ago, on that day, the Arbitrum network recorded an all-time high of 2.72 million transactions settled in 24 hours. L2 Network Arbitrum Records 2.72 Million Transactions
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What is an ISA and when should you use one? Individual Savings Accounts are really important products or ‘wrappers’. Once you understand how they work and the tax advantages of using them, they can be a really useful tool for building your wealth into the future. ? Timestamps ? 0:00 – Intro 1:21 – What
Blockchain exploits can be extremely costly; with poorly designed smart contracts, decentralized apps and bridges are attacked time and time again. For example, the Ronin Network experienced a $625-million breach in March 2022 when a hacker was able to steal private keys to generate fake withdrawals and transferred hundreds of millions out. The Nomad Bridge
The IMF’s managing director has warned that the global economy is facing years of slow growth, with medium-term prospects their weakest in more than 30 years. Speaking in Washington ahead of the World Bank and IMF spring meetings next week, Kristalina Georgieva said the world economy would expand at an average annual rate of about