Mississippi’s $1.2 billion general obligation bond commands the stage this week, but a much smaller deal that came to market last month from Vicksburg highlights an innovative way the Magnolia State’s cities and counties are meeting their infrastructure needs. On Thursday, the state is pricing $1.2 billion of GOs, its biggest sale since 2015, when
US President Joe Biden has called on the Federal Trade Commission to investigate whether the country’s biggest oil companies are engaged in “potentially illegal conduct” that is resulting in higher gasoline prices for Americans. In a letter to FTC chair Lina Khan, Biden said there was “mounting evidence of anti-consumer behaviour” in the market, noting
Tracey Ryniec and Kevin Cook take a look at two top Zacks Ranked stocks. Tesla: https://www.zacks.com/stock/quote/TSLA?cid=CS-YOUTUBE-FT-VID JPMorgan Chase: https://www.zacks.com/stock/quote/JPM?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
Last week, the popular Tezos-based non-fungible token (NFT) marketplace Hic et nunc discontinued its services following the market’s rise into the top twenty NFT marketplaces by sales volume. After the market’s founder Rafael Lima stepped back, the community decided to take the project into their own hands and has begun transitioning Hic et nunc into
Municipals faced some pressure Tuesday on another day of a weaker U.S. Treasury market while equities made gains. A large new-issue calendar began pricing, with a few deals bumped off the day-to-day calendar. Triple-A benchmarks saw cuts of one to two basis points. Ratios held in a range Tuesday. Municipal-to-Treasury ratios were at 49% in
In this article WMT CNBC’s Jim Cramer said Tuesday that Walmart shares should not be lower — characterizing the move as a Wall Street problem and not an indication of anything wrong with the retail giant’s quarterly results. Shares of Walmart opened down more than 1% and slid further on the notion that the company
In this article SOFI HOOD HD RIVN A shopper leaves a Home Depot with merchandise that she purchased on August 17, 2021 in Alexandria, Virginia. Alex Wong | Getty Images Check out the companies making headlines in midday trading. Home Depot — Shares of Home Depot jumped more than 5% after the home improvement retailer
Topline While investors have shied away from China given the country’s recent regulatory crackdown—and especially the troubles in its real estate sector—global asset manager T. Rowe Price says that the near-term volatility creates an “attractive” investment opportunity going into next year. Key Facts Globally, investors have been finding it much easier to invest in companies
Carpenters work on building new townhomes that are still under construction while building material supplies are in high demand in Tampa, Florida, May 5, 2021. Octavio Jones | Reuters Higher prices and longer wait times do not appear to be turning buyers away from the nation’s homebuilders. With demand still surging, homebuilder confidence in the
Updated economic and fiscal data from The Pew Charitable Trusts on how state economies are faring amidst the pandemic shows that federal aid to people and businesses has kept states in better than expected fiscal health. Pew’s data, which was collected from each state’s annual financial reports for a 10-year period, also show that long-term
Germany’s energy regulator said it had “temporarily suspended” certification of the Nord Stream 2 pipeline, dealing a setback to the Kremlin-backed gas project and sparking a rise in UK and continental European gas prices. The regulator said it could not yet approve the project, led by Russia’s Gazprom, because its owners had not yet properly
President Joe Biden Monday signed into law a $1.1 trillion infrastructure package that will infuse billions into state and local governments. “We’re taking a monumental step forward to build back better as a nation,” said Biden at a White House ceremony attended by lawmakers, governors, mayors and others. “Things are going to turn around in
Airdrops are once again back in style following the recent five-figure token drop from the Ethereum Name Service protocol that kicked off a flurry of protocol engagements from hopeful crypto enthusiasts looking to get in on the next “crypto stimulus check.” Paraswap is the most recent project to reward early adopters, despite their early October
A view from a petrol station shows gas prices over $4, in Arlington-Virginia, United States on October 30, 2021. Yasin Ozturk | Anadolu Agency | Getty Images Stagflation fears have plagued investors in recent months, as prices start to rise in an economy that hasn’t quite picked up pace yet. But investors can employ a
In this article TSLA CRWD DLTR Boeing 777, American Airlines. Massimo Insabato | Mondadori Portfolio | Getty Images Check out the companies making headlines in midday trading. Boeing — Shares of the jet maker jumped more than 5% after a company executive said Sunday it’s “getting close” to resuming deliveries of its 787 Dreamliner, after suspending
Bitcoin (BTC) tested $65,000 as support as U.S. markets opened Nov. 15 as a weekend surge ended in retracement. Analysts maintain positive BTC price outlook Data from Cointelegraph Markets Pro and TradingView showed BTC/USD giving back a chunk of its overnight gains having hit local highs above $66,000. In a move away from recent patterns, the
Privately tucked away on a country lane that meanders off of Sunset Boulevard in Los Angeles is a small community of 16 secluded homes that has attracted world-famous politicians, actors and industry leaders. One house on the sparsely populated lane was previously the home of former California Governor Arnold Schwarzenegger and his ex-wife, journalist Maria
skynesher | E+ | Getty Images A lawyer may be your first call when you decide you want a divorce, but a financial advisor should be your second. In many cases, a divorce has more impact on a person’s current and future financial well-being than any other event in their lives. Sound financial planning may
San Francisco Federal Reserve Bank President Mary Daly was considered by the Biden administration for a seat on the U.S. central bank’s board and she declined, according to two people familiar with the matter. President Joe Biden has multiple opportunities to reshape the leadership of the Fed including the chair and two vice chair positions,
The Dutch government has launched an eleventh-hour attempt to keep Shell in the Netherlands by seeking to abolish a controversial dividend tax cited by the energy group as a reason to unify its share structure and move its headquarters to the UK. Officials from the Dutch government told the Financial Times that the caretaker government