Washington is banking on its high credit ratings and strong demand on previous sales as it heads to market Tuesday with a $483 million competitive refunding. The bonds will be auctioned in two series: $296.550 million various purpose general obligation refunding bonds, Series R-2024A and $186.225 million motor vehicle fuel tax and vehicle-related fees GO
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2023 was anticipated to be the comeback year for Bitcoin. Experts predicted that the King of Crypto would soar to $50,000 or more, but it has only bounced back to about $26,000 since the bear market started in late 2021. Cointelegraph Markets Pro, despite the bearish trends ruling the space, has sent investors more than
Capri in the 1950s was a hot spot for glitterati in search of la dolce vita. The small island off Italy’s Amalfi Coast drew jet-setters, royals and Hollywood stars with its turquoise waters, steep sea cliffs and exclusivity. Considered one of the world’s first resorts―Emperor Augustus made the isle his private retreat in 29 B.C.―the
Ivanka Trump David A. Grogan | CNBC Ivanka Trump asked a New York appeals court to pause the $250 million fraud trial of her family and its business empire as she appeals a judge‘s order requiring her to testify in the case next week. The request to stay the entire trial came at the tail
A Pennsylvania company that operates three nursing homes is in default, and it’s a familiar story: staff shortages and a large slump in occupancy in the aftermath of the pandemic. Senior Choice Inc. failed to make interest and principal payments due Oct. 31 on its $15.9 million bond issued in 2006 by the Cambria County
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. FTX founder Sam Bankman-Fried was convicted of fraud and money laundering by a New York jury in a landmark criminal verdict that is likely to condemn the former crypto tycoon to decades in prison and
This week Bitcoin (BTC) price came within a hair of the $36,000 mark, before abruptly reversing course and correcting to $34,250. After a near 30% run over the past month, it is natural for the price to cool off as some traders take profit and market participants evaluate whether or not the catalysts for the
Inflation-adjusted revenues of the 50 states were down 13.7% January through August compared to the same period a year earlier, the Urban Institute reported, but despite this states remain fiscally healthy, thanks to prudent use of recent surpluses, one analyst said. In nominal terms, revenues were down 9.7% in the period. August state tax revenues
Arthur Hayes, the former CEO of crypto derivatives exchange BitMEX, has “admitted” to buying Solana’s SOL (SOL) at its possible local top, stressing his bullish outlook for the cryptocurrency. Fam I have something embarrassing I must admit. I just bot $SOL, I know its a Sam-coin piece of dogshit L1 that at this point is
The United States has long seen itself as an open-for-investment free-market bastion. But concerns about national security–and some political grandstanding– could close the doors to foreign buyers, particularly when it comes to farmland. By Kelly Phillips Erb, Forbes Staff The action last week by Arkansas Attorney General Tim Griffin affected a mere 160 acres of
Donald Trump Jr. and his brother Eric Trump arrive at New York Supreme Court for former President Donald Trump’s civil fraud trial on November 02, 2023 in New York City. David Dee Delgado | Getty Images The two oldest sons of former President Donald Trump are set to testify Thursday in the $250 million New
Municipals were firmer Wednesday but underperformed a U.S. Treasury rally after the Fed held rates steady. Equities rallied as well. The municipal market was up “a touch” after the Fed announced it would keep rates unchanged at their November meeting, according to Michael Pietronico, chief executive officer at Miller Tabak Asset Management. Commenting on the
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. The Federal Reserve held interest rates at a 22-year high on Wednesday but kept open the possibility of additional monetary tightening amid mounting evidence the US economy remains strong. The meeting is the second
The price of Ethereum’s native token, Ether (ETH) is trading around a 15-month low versus Bitcoin (BTC), and the lowest since Ethereum switched to proof-of-stake (PoS). Cointelegraph takes a closer look at some of the reasons for the continuous drop of the ETH/BTC pair. Ether’s historical price action has changed In previous market cycles, Ethereum
A bankrupt Iowa hospital could ultimately end up in the hands of the University of Iowa, which submitted the winning bid in a reopened auction last week. A hearing on Mercy Hospital’s sale to the university is scheduled for Monday in U.S. Bankruptcy Court in Cedar Rapids. Mercy Hospital in Iowa City filed a Chapter
Patrick Amadon combines a passion for art and activism, and is articulate about how he intends for his work to have impact. Self-described as a “digital disobedient,” the Los Angeles-based glitch artist has been no stranger to controversy, having made international headlines for his “No Rioters” digital billboard displayed at the Hong Kong Art Week
Charlotte, North Carolina, is one of the hottest spots in the United States. From 1990 to 2000, its population grew by 36.6%: From 395,934 people to 540,828. From 2000 to 2010, it surged by another 35.2%: From 540,828 to 731,424 people. And though less but still impressive, from 2010 to 2020, Charlotte’s population grew by
Donald Trump Jr., executive vice president of development and acquisitions for Trump Organization Inc., speaks at the Turning Point Action conference in West Palm Beach, Florida, US, on Sunday, July 16, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images Donald Trump Jr., the eldest son and co-defendant of former President Donald Trump, is expected
Municipal bond delinquencies declined in the third quarter, despite some dramatic outliers including Mercy Hospital’s bankruptcy filing in Iowa, and some unrated affordable housing and senior living bonds, Moody’s Investors Service said. There were only three new municipal bond defaults in the third quarter, compared to nine in the second quarter, Moody’s analysts wrote. Two
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel said on Tuesday that its troops had moved deeper into the Gaza Strip as it stepped up its assault on Hamas, hours after Prime Minister Benjamin Netanyahu rejected calls for a ceasefire and said