Bondholders and the Puerto Rico Oversight Board reached a deal on the payment of Puerto Rico appropriation debt that was structured to pay 6.4% of what is owed plus some interest. The deal on Public Finance Corp. bonds was announced Wednesday on the Municipal Securities Rulemaking Board’s EMMA disclosure website. There is $1.09 billion in
The US and EU have criticised Russia’s decision to pull the plug on the wartime deal that unblocked the passage of millions of tonnes of grain via southern Ukraine, with traders and food security experts saying Moscow’s move would fuel a fresh spike in prices and increase hunger levels among poorer countries. Washington called Moscow’s
How much?! — Meta Quest Pro review: For those with more money than sense Nearly four times the price definitely doesnt mean nearly four times the quality. Kyle Orland – Oct 28, 2022 3:38 pm UTC Enlarge / Looking like a million bucks… or at least 1,500… reader comments 154 with 77 posters participating, including
NEW YORK – The NYPD is on the hunt for a man they say lured a seven-year-old girl into an apartment building in Brooklyn, exposed himself to her, and offered her money to perform a sex act. According to authorities, On October 28 at around 5:30 p.m., the victim was in front of an apartment
NEW YORK – The NYPD is investigating after a man stabbed a subway rider in the back early Friday morning. According to authorities, at around 4:20 a.m. on October 28, the victim, a 58-year-old man was walking on a southbound A line platform at the 125th Street-St. Nicholas Avenue station in Harlem. RELATED: Not Again:
close video Elon Musk’s Twitter acquisition is a ‘catastrophe of a deal’: Jeff Sica Circle Squared Alternative Investments founder Jeff Sica discusses Big Tech earnings and why Musk’s potential Twitter deal is a bad idea on ‘Varney & Co.’ After Elon Musk acquired Twitter, there was a reported dramatic increase in usage of the N-word
This years midterms have already proven to be among the most unpredictable in recent history and there could be more surprises in store for the country when results start coming in Nov. 8. From a Republican governor looking to avoid an upset in a ruby-red state, to the chair of the House Democrats campaign arm
BEIJING – When Mr He Lifeng, head of Chinas state planning agency,was an official in Fujian for 25 years, he was known in the rich south-eastern province as The Big Demolisher, or He Dachai, for knocking down buildings to make way for new developments. The nickname was not meant to be a term of praise,
EconomistRaoul Pal on Friday took to Twitter to discuss the need for content moderation and the perils of relying solely on artificial intelligence, or AI. We need blockchain ID and content authentication urgently, Pal said. Incidentally, Elon Musk, suggested after taking over Twitter, Inc. TWTR the social media platform will form a content moderation council
Ukrainian officials say Irans war-time aid to Russia should convince Israel to abandon its position of withholding military assistance to Kyiv. Ukraine also wants the Biden administration to step up pressure on Israel, which has condemned Russian President Vladimir Putins invasion and delivered humanitarian support to Kyiv but refrained from offering arms. Officials in Kyiv
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Amazon.com delivery trucks in Richmond, California, U.S., on Tuesday, Oct. 13, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Amazon — Shares of the e-commerce giant plunged as much as about 19% in extended trading Thursday after the company posted weaker-than-expected earnings and revenue for the third quarter
Knowing what we do about the healing properties of trees makes many of us search for a woodland home. Forests are the ultimate antidote to the stressed pace of modern life. They clean the air while boosting our immune systems. The Japanese believe in shinrin-yoku, or forest bathing. Henry David Thoreau, too, believed that nature
Many Australian borrowers are ahead on their mortgage repayments, and this should cushion them from a hard landing as interest rates rise, according to Shayne Elliott, chief executive officer at major Australian bank, ANZ. The Reserve Bank of Australia has hiked the official cash rate six times in a row this year to 2.6%, forcing
A poll from the non-partisan Public Policy Institute of California predicts Gov. Gavin Newsom will be re-elected and three state-wide measures — two that would increase sports betting and another that would tax the wealthy to pay for water and fire prevention — are likely to fail. Dean Bonner, a PPIC associate survey director and
Municipals were little changed to a touch firmer out long Friday while U.S. Treasuries sold off on the front end of the curve and the 10-year UST rose back above 4%. Equities rallied buoyed by tech stocks. Triple-A municipal yields fell up to two basis points, depending on the scale, while UST yields rose eight
The rapacious rise of the dollar is set to wipe more than $10bn from US corporate earnings in the third quarter, analysts estimate, piling pressure on companies that are already grappling with high prices and a gloomy domestic outlook. The dollar’s strength has been eating into US earnings all year, taking its toll on makers
The shift of the Ethereum blockchain to a proof-of-stake (PoS) protocol opened new opportunities for developers and investors to explore, including the burning of Ether (ETH). Now, Ethereum transactions are validated through staking rather than mining. Staking impacts the supply and price dynamics of Ether in ways that are different than mining. Staking is expected to create
They say that when you smile, the world smiles with you. And when the sun smiles, the world gets bathed in plasma barf. Such is the unfortunate subtext of an adorable new image of our closest star, which seems to be smiling down upon us with a joyful chibi grin. Snapped on Oct. 26 by
“Zombie cells” that contribute to age-related diseases also help heal damaged tissues, so wiping them out could come with major downsides, a new study suggests. The zombies, scientifically known as “senescent” cells, are cells that stop multiplying due to damage or stress but don’t die, according to the National Institute on Aging (opens in new