In this article STZ ABI-BE Follow your favorite stocksCREATE FREE ACCOUNT Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California. Mario Tama | Getty Images Modelo cans have become part of the fabric of events for Rio Riojas’ family and community in Lansing,
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A pedestrian crosses a road in front of residential buildings in Beijing, China. Qilai Shen | Bloomberg | Getty Images China vowed more financial support for real estate projects that fall under its so-called whitelist and to speed up banks lending of 4 trillion yuan ($561.8 billion) for such projects, according to the nation’s housing
The Municipal Securities Rulemaking Board will hold its first board meeting of the FY 2025 on Oct. 23-24, kicking off the new fiscal year with plans to discuss issuing a new request for information on the MSRB’s rate card and fee-setting process and potential modifications to it. The meeting will be the first under the
The case has closed on the yearslong lawsuit leveled by the Securities and Exchange Commission at Rochester, New York, and its former finance director Rosiland Brooks-Harris after a federal District Court Judge in the Western District of New York passed down a final judgment with no monetary penalty and no financial monitor. The c accepted
Pippa Stevens | CNBC GREENPORT, N.Y. – Roughly 35 miles off the east coast of Montauk, New York, 12 turbines gently spin in the wind at Orsted’s newly developed South Fork Wind farm. The project, which connected to the grid earlier this year, is the first commercial-scale offshore wind farm in the U.S., providing enough
A sign is posted in front of a home for sale on August 07, 2024 in San Rafael, California. Justin Sullivan | Getty Images Mortgage interest rates rose last week for the third straight week, hitting the highest level since August. That caused demand from both current homeowners and potential homebuyers to take a big
A little-noticed new program in Ohio’s capital budget is drawing attention after a nonprofit advocacy group called its grants to religious groups unconstitutional. The One Time Strategic Community Investment Fund forces taxpayers to support religious instruction, argues Americans United for Separation of Church and State, a 501(c)(3) devoted to the Establishment Clause of the First
Months after Minnesota’s second-largest healthcare employer was downgraded by two rating agencies, the Minnesota Nurses Association is taking aim at the management of Minneapolis-based Allina Health and arguing that Allina’s board should be composed of “largely bedside workers.” The union, which represents 22,000 nurses across Minnesota, Wisconsin, North Dakota and Iowa, released a report on
RankMunicipal advisorFirst 9 months 2024 par amount (USD)Market shareNumber of issuesFirst 9 months 2023 par amount (USD millions)Market shareNumber of issues1PFM Financial Advisors LLC62.0602 billion19.4057643.4313 billion18.845002Public Resources Advisory Group45.0266 billion14.0711726.3871 billion11.441053Hilltop Securities23.4039 billion7.3235916.4167 billion7.123264Kaufman Hall & Associates Inc13.0056 billion4.07624.5247 billion1.96345Frasca & Associates12.9054 billion4.03×8.0842 billion3.51306KNN Public Finance8.0163 billion2.51544.3003 billion1.87377Acacia Financial Group Inc7.6603 billion2.39596.5488 billion2.84668Piper Sandler &
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan Warren Buffett’s Berkshire Hathaway continued to increase its stake in SiriusXM, now owning 32% of the New York-based satellite radio company. The Omaha-based conglomerate purchased roughly 3.6 million shares
Skynesher | E+ | Getty Images Mortgage rates moved ever so slightly higher last week, but it was enough to take a little heat out of what had been a briefly red-hot refinance market. That caused total mortgage application volume to fall 1.3% for the week, according to the Mortgage Bankers Association’s seasonally adjusted index.
Enjoy complimentary access to top ideas and insights — selected by our editors. Remembered for his positive and cheerful attitude and willingness to pitch in wherever needed, retired Bond Buyer reporter and municipal market fixture Harold “Chip” Walter George Barnett, Jr. died on Monday. He was 67. Barnett suffered from pulmonary fibrosis, “a disease related
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House I never used to look at airline route maps too closely. But now, when I journey from one peaceful country to another, I take a keener interest in where exactly we are
In this article MCD O T Follow your favorite stocksCREATE FREE ACCOUNT A McDonalds located on Santa Monica Blvd in Los Angeles, California, April 1, 2024. Robert Gauthier | Los Angeles Times | Getty Images Investors looking for steady income amid the ongoing geopolitical tensions in the Middle East and economic uncertainty can consider adding
David Hester inspects damages of his house after Hurricane Helene made landfall in Horseshoe Beach, Florida, on September 28, 2024. Chandan Khanna | Afp | Getty Images It’s crucial to understand how to file a homeowners insurance claim after a natural disaster. Insured losses alone for Hurricane Helene are now estimated at more than $6
Investor demand for bond insurance remained strong during the first three quarters of 2024 as the amount of debt wrapped by bond insurance rose 26.8% year-over-year. Municipal bond insurers wrapped $28.921 billion in the first three quarters 2024, an increase from the $22.814 billion insured in the first three quarters of 2023, according to LSEG
James McIntire, who served two terms as Washington state treasurer, died in August. He was 71. The cause was an aggressive and rare form of prostate cancer, his wife, Christina Koons, told the Seattle Times. An economics student and later professor at the University of Washington, McIntire’s first step into government service was as a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. DP World has shelved an announcement of a £1bn cash injection into its main London port on the eve of the UK’s international investment summit, triggering a row between ministers over who was to blame.
Mobile homes surrounded by flood water after Hurricane Milton made landfall, in St. Petersburg, Florida, U.S. October 10, 2024. Octavio Jones | Reuters If your home is temporarily uninhabitable after a natural disaster, a provision in your homeowners or renters insurance policy may help you with new lodging and other living expenses. Insured wind and
After outperforming the larger weakness in U.S. Treasuries over the past week, municipals played some catch up Friday seeing pressure across the curve ahead of holiday-shortened, but still heavy supply week. Triple-A yields rose two to five basis points while Treasuries were stronger 10-years and in, to close out a week of more mixed economic
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