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
In this article CRM SONO MGM WYNN DIS MAT AFRM TSLA LCID Follow your favorite stocksCREATE FREE ACCOUNT Customers view merchandise in an experience room at the Sonos store in New York. Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Sonos — Shares surged about 16.5% after
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
U.S. Virgin Islands Gov. Albert Bryan Jr. asked a U.S. Senate committee for an increased rum cover tax, more federal aid, and laxer Environmental Protection Agency enforcement. Bryan said the U.S. Congress should extend the rum cover tax rate at $13.25 rather than $10.50 per proof gallon retroactively for 2022 as well as for 2023.
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
The California Pollution Control Financing Authority plans to price $158 million in revenue bonds next week to pay for modifications to the seawater intake system for a San Diego County desalination plant. The Claude “Bud” Lewis Carlsbad Desalination Plant was built by private operator Poseidon as a partnership that supplies water to the San Diego
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
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
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
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
Bank of England governor Andrew Bailey has called on public sector workers to take into account the central bank’s view that inflation will “fall very rapidly” when asking for pay rises. Under pressure from MPs to comment on the strike action that has hit the health service, schools, transport and the civil service, Bailey told
As the crypto industry attracts more users, developers are laser-focused on improving user experience, a major pain point for most new users. Artificial Intelligence has often been seen as a technology that could improve how people use and interact with crypto. In the latest episode of Hashing It Out, the integration of AI with crypto
Bitcoin (BTC) stayed lower at the Feb. 9 Wall Street open as a sweep of local lows increased bets of a more serious comedown. Trader: “Something feels off” about BTC strength Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it traded around $22,700 on Bitstamp. The pair had dipped to $22,378 earlier in
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
Multifamily investment sales in New York City grew substantially during 2022, with over 506 transactions valued at $13.2 billion for buildings with 10 or more units, according to data from our 2022 New York City Multifamily Year in Review report. For all multifamily buildings (10+ units, buildings with 6-9 units and small buildings) dollar volume
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
Five years from its inception, fan token platform Chiliz has launched its own layer-1 Ethereum Virtual Machine (EVM) compatible blockchain ecosystem to support its growth. Chiliz’s fan token ecosystem has long been powered by Ethereum-based ERC-20 tokens, but the validation of the Chiliz 2.0 blockchain genesis block sees the ecosystem shift to its own layer
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
The cryptocurrency miner Argo continues to undergo a series of company changes in light of its major acquisition and newly filed lawsuit. Peter Wall, the CEO of Argo Blockchain, announced his resignation from his executive position on Feb. 9. According to the announcement, Wall will remain an adviser to Argo throughout the next three months to
In January, I walked up the front steps of a single-storey, grey-shingled house in a neighbourhood on the fringe of Stanford University. The moment I pressed the video doorbell, I heard Sam Bankman-Fried’s voice calling from inside. “I’ll get it!” His father got to the door first. Joe Bankman and Barbara Fried, both professors, welcomed
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