Fitch Ratings raised Miami-Dade County’s $4.9 billion of aviation revenue and revenue refunding bonds to A-plus from A after a year where Miami International Airport took the title of busiest airport in Florida. The bonds, issued for the Miami-Dade County Aviation Department, have a stable credit outlook. Fitch said MIA surpassed its pre-pandemic traffic high
The Federal Reserve said further interest-rate hikes would be required to restore price stability. “The committee is strongly committed to returning inflation to its 2% objective,” the Fed said in its semi-annual report to Congress released Friday. Officials expect “ongoing increases in the target range will be appropriate in order to attain a stance of
New Mexico would authorize public-private partnerships on the state and local level under a bill unanimously approved by the state House Thursday and now headed to the Senate. The bill, House Bill 213, would allow P3s for transportation and broadband projects. “Those are two of the most pressing needs in the state,” said Rep. Cathrynn
The Moscow-born far-right militia leader who led a raid out of Ukraine into Russia has claimed he aimed to expose the country’s weak defences and inspire more compatriots to rise up against Vladimir Putin. Denis Nikitin, a notorious extremist who heads the Russian Volunteer Corps, told the Financial Times that his Ukraine-based fighters had proved
Volkswagen plans to open two new factories in North America to spearhead its push into the electric vehicle market, which the German carmaker says has become more appealing since US president Joe Biden unveiled more than $400bn in clean energy incentives. VW said on Friday that it would open a new assembly plant in Columbia,
Topline Data released by the S&P Corelogic Case-Shiller index, a leading measure of U.S. home prices, shows home prices continued to drop across the U.S. through December, with major cities like Seattle and San Francisco among those showing the biggest declines. Key Facts On Tuesday, S&P Dow Jones Indices reported home prices have ticked down
Cryptocurrency markets experienced a relatively calm month in February as the total market capitalization gained 4% in the period. However, the fear of regulatory pressure appears to be having an impact on volatility in March. Bulls will undoubtedly miss the technical pattern that has been guiding the total crypto market capitalization upward for the past
Dogecoin dropped to its lowest level since January, as a red wave swept through cryptocurrency markets. The Silvergate bank based sell-off has impacted overall sentiment, with the global crypto market cap down 3.63% as of writing. Shiba inu also dropped, falling to a six-week low. Dogecoin (DOGE) Dogecoin (DOGE) dropped to a multi-month low on
On Feb. 24, 2023, bitcoin’s price remained above the $23,000 threshold and then rose to a peak of $23,829 per unit on March 1. On March 2 at 8 p.m. Eastern Time, the price of bitcoin fell, dropping below the $23,000 mark. This decline resulted in a significant $237.97 million worth of long liquidations on
In this article META ZS NCLH COST HRL UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT An attendee wears a Meta Platforms Inc. Oculus Quest 2 virtual reality (VR) headset at the Telefonica SA stand on day two of the Mobile World Congress at the Fira de Barcelona venue in Barcelona, Spain, on Tuesday, Feb. 28,
Germany and Italy have blown apart an EU plan to ban internal combustion engines by 2035, as the European car industry’s heartlands mount a fightback against ambitious carbon goals. The two countries, the homes of Volkswagen, Fiat and Ferrari, are demanding exemptions for cars that run on synthetic fuels, potentially cushioning the blow for established
The U.S. stock market is approaching a crucial turning point as uncertainty over inflation rises after hotter-than-expected economic data released in February. Despite mounting investor worries, the economy is showing signs of resilience that could protect it against a significant downside move. The escalating risk-off sentiment in the market is also creating volatility for Bitcoin
The show Macro Markets, hosted by Marcel Pechman, which airs every Friday at 12 pm ET on the Cointelegraph Markets & Research YouTube channel, explains complex concepts in layman’s terms and focuses on the cause and effect of traditional financial events on the day-to-day crypto activity. In today’s episode, crypto analyst Pechman analyzes the United
It is hardly a coup de grâce to the City of London. But SoftBank’s rejection of a London listing for Arm is a serious blow. More than one UK prime minister lobbied for the Cambridge-based chip designer to return to the UK stock market. The postmortem on this failure of diplomacy will be messy. Arm
By its very nature, an island setting near a major metropolis brings with it a certain quality of life. A feeling of unity is created when neighborhood borders don’t bleed into one another but are clearly defined by waterways. Island residents can have a strong sense of identity, community and security. L’Île-Bizard is part of
Economists and housing experts polled in a recent survey expect home prices to fall 1.6% through December 2023. Affordability challenges are still dragging down demand for homes – lower mortgage costs in January translated into sales that tracked pre-pandemic trends, but higher rates in February have since dampened buyers’ enthusiasm. Starting next year, however, the
Bitcoin (BTC) traded around $22,400 at the March 3 Wall Street open as analysts remained divided over the odds of a recovery. Hopes for an inverse “Bart Simpson” on BTC Data from Cointelegraph Markets Pro and TradingView showed BTC/USD trading flat after an earlier flash crash saw $1,000 shaved off in minutes. As Cointelegraph reported, concerns
ConsenSys has announced the upcoming release of its zero-knowledge Ethereum Virtual Machine (zkEVM) rollup to a public testnet on March 28, allowing for stress testing of the layer-2 scaling technology. ConsenSys’ research and development team has been working on its zkEVM rollup over the past four years. The zkEVM is touted to offer fast finality,
The realm of stablecoins is an ever-evolving landscape and the number of coins in circulation for the stablecoin BUSD has fallen below the 10 billion mark to approximately 9.68 billion on March 3, 2023. Over the last 30 days, BUSD’s token supply has dropped 40% lower. In contrast, the number of tethers in circulation has
In this article CHK EQT BKR XOM CVX Follow your favorite stocksCREATE FREE ACCOUNT An LNG import terminal at the Rotterdam port in February 2022. Federico Gambarini | Picture Alliance | Getty Images Russia’s invasion of the Ukraine a year ago has shifted global energy supply chains and put the U.S. clearly at the top
States and cities trying to craft budgets to implement infrastructure projects have been stumped by requirements set in place by the Build America, Buy America Act, and the nation’s top transportation official is urging them to rise to the challenge. Passed as part of the Infrastructure Investment and Jobs Act, the act requires that the