Municipals were mixed Thursday as inflows into muni mutual funds returned, while U.S. Treasuries were weaker, and equities ended down. The three-year muni-UST ratio was at 53%, the five-year at 54%, the 10-year at 60% and the 30-year at 87%, according to Refinitiv MMD’s 3 p.m. ET read. ICE Data Services had the three at
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Our weekly roundup of news from East Asia curates the industry’s most important developments. China airdrops 180 million digital yuan to celebrate Lunar New Year  According to state-owned media Global Times, Chinese cities airdropped a total of 180 million digital yuan (e-CNY) worth $26.6 million to boost consumption during the Lunar New Year celebrations between
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A bipartisan group of lawmakers led by Andrew Garbarino, R-N.Y., and including Young Kim, R-Calif., Josh Gottheimer, D-N.Y., and Anna G. Eshoo D-Calif., relaunched a SALT caucus on Wednesday, dedicating themselves to lifting the cap on the state and local tax deduction. The SALT caucus wielded some power in the previous Congress, threatening to refuse
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Municipal bond market leaders discussed their expectations for regulatory developments, the economic environment and issuance on a panel at The Bond Buyer’s 2023 National Outlook Conference. “The Municipal Securities Rulemaking Board is in the midst of a robust rulemaking phase,” said Mark Kim, chief executive officer at the MSRB. “Our regulatory agenda is focused on
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The Municipal Securities Rulemaking Board has filed its proposed Rule G-46 on the duties and standards of conduct of solicitor municipal advisors with the Securities and Exchange Commission, which provides definitions for certain terms, adds disclosures for solicitor MAs to provide to their clients and creates rules prohibiting those solicitors from providing misleading statements. Solicitor
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Ask a savvy pet owner or parent what their favorite brand of rug is and there’s a good chance they’ll say it’s Ruggable. This brand is known for its machine-washable chenille rugs that aren’t merely practical, they’re comfortable and beautifully designed. Ruggable offers hundreds of options in a variety of sizes, shapes (including circular and
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There is a new, ultra-luxurious destination in a resort area considered as close to paradise as it gets. Susurros del Corazón on Mexico’s Punta de Mita is the newest property of Auberge Resorts Collection, a small, family-owned company known in the hospitality industry for developing and operating ultra-luxury inns and resorts across the Americas. The
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The UK media regulator has launched a probe into whether telecoms companies are treating customers fairly as groups prepare to raise their rates by 14 per cent against a backdrop of rising living costs. Since 2021, much of the fixed broadband and mobile market has increased its prices annually in April both for new customers
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In this article MGM WYNN HOOD TPR TSLA PEP CS Follow your favorite stocksCREATE FREE ACCOUNT CNBC: Coach Store Harry Reid International Airport A Coach store inside Harry Reid International Airport.  Check out the companies making the biggest moves in premarket trading: Tapestry — The company reported adjusted fiscal second-quarter earnings before the bell of
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Finland-based peer-to-peer (P2P) cryptocurrency platform LocalBitcoins is shutting down operations after serving its customers for more than 10 years. LocalBitcoins officially announced the termination of services on Feb. 9, citing the tough market conditions of the ongoing cryptocurrency winter. “Regardless of our efforts to overcome challenges and turn our trade volumes and declining market share back
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The CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes that banning retail crypto staking in the United States would be a “terrible” move by the country’s regulators.  Armstrong made the comments in a Feb. 9 Twitter thread which has already been viewed over 2.2 million times, after noting they’ve heard “rumors” that the
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