Detroit revenues remain on an upward trajectory thanks to healthier income and utility tax prospects, but clouds loom over the toll of a potential recession and longer-term pressures lie ahead as pension contributions resume. Revenue and economic projections offered good near-term news, leading the city’s revenue estimating conference to raise recurring revenues expected in the
Nicola Sturgeon has resigned as Scotland’s first minister and leader of the Scottish National party after a backlash over her strategy for securing independence and a fall in popularity over proposed gender laws. Sturgeon, who has led the SNP for eight years, told a press conference in Edinburgh that giving everything to the “best job
Bitcoin (BTC) is headed to either $28,000 or $19,000 and this week could decide all, fresh analysis says. In Twitter comments on Feb. 15, popular trader Skew told followers that BTC/USD is now in a “pivotal area.” “Next big move” due for Bitcoin Despite returning above $22,000 on the back of the Feb. 14 United
Under the Tax Cuts and Jobs Act, withholding tables were updated and changed. What does this mean for you?
In this article GDDY DVN TRIP ABNB Follow your favorite stocksCREATE FREE ACCOUNT The TripAdvisor homepage Daniel Acker | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Airbnb — Shares of Airbnb jumped 10% after the company released fourth-quarter earnings that topped analysts’ expectations. The company reported earnings per share
The decentralized autonomous organization (DAO) behind Lido — the largest Ethereum staking pool — is deliberating whether it should sell or stake the $30 million in Ether (ETH) from its treasury. A proposal was submitted on Feb. 14 by the DAO’s financial unit, Steakhouse Financial that considers four choices, one of which contemplates staking part
There are folks who love crowds, as witnessed any New Year’s Eve in Times Square. But when seeking a second or vacation home, even the most ardent crowd aficionados are likely to savor undiscovered jewels unknown to the teeming masses. Happily, a number of largely overlooked mountain, beach and wine country settings still exist. In
Former U.S. President Donald Trump speaks during a rally ahead of the midterm elections, in Miami, Florida, U.S., November 6, 2022. Marco Bello | Reuters A New York appeals court panel on Tuesday upheld a $110,000 fine on former President Donald Trump that a judge imposed last spring after he was found in contempt for
Municipals were weaker Tuesday, while USTs saw yields rise and equities ended mixed after a hotter-than-expected consumer price index report showed inflation may take longer to combat, and require higher rates, than the Federal Reserve planned. Triple-A benchmarks were cut one to six basis points, depending on the scale, while UST yields rose nine to
State treasurers gathered for a major conference in Washington Monday expressed concerns about the contentious Federal Data Transparency Act that became law last year. A panel discussion exploring that and other important topics in public finance occurred at the National Association of State Treasurers conference, and was moderated by Rachel Eubanks, the Michigan state treasurer.
UK wage growth accelerated more than expected in the three months to December but remained below inflation, according to official statistics that will be closely watched by the Bank of England ahead of its next interest rate decision. Growth in average regular pay, excluding bonuses, rose to an annual rate of 6.7 per cent in
On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the launch of a new initiative called the “Financial Infrastructure Transformation Program,” which has nine key objectives. One of these objectives is the research and development of a central bank digital currency (CBDC) designed to address both cross-border payments and domestic
These ETFs provide a low-cost, diversified exposure to newly listed companies (FPX, IPO). First Trust US IPO Index Fund: https://www.zacks.com/funds/etf/FPX/profile?cid=CS-YOUTUBE-FT-VID Renaissance IPO ETF: https://www.zacks.com/funds/etf/IPO/profile?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
In this article ROG Follow your favorite stocksCREATE FREE ACCOUNT Christopher Hopefitch | Digitalvision | Getty Images Company: Rogers (ROG) Business: Rogers designs, develops, manufactures and sells engineered materials and components. It operates through Advanced Electronics Solutions (AES), Elastomeric Material Solutions (EMS) and Other segments. In November 2021, the company entered into a definitive merger
In this article AMKR CDNS PLTR ANET Follow your favorite stocksCREATE FREE ACCOUNT A customer boards an Avis Budget Group Inc. shuttle bus at the Denver International Airport (DEN) in Denver, Colorado, U.S., on Wednesday, Oct. 28, 2015. Luke Sharrett | Bloomberg | Getty Images Check out the companies making headlines in after-hour trading. Avis
Paxos Trust Company says it “categorically disagrees” with the United States securities regulator that has described Binance USD (BUSD) as a security. In the Feb. 13 statement, the BUSD issuer confirmed recent reports that it had received a Wells notice from the United States Securities and Exchange Commission over BUSD and its alleged failure to
There’s more pressure than ever today for parents to create beautifully designed nurseries and children’s rooms. With #babynursery having more than 168 million views on TikTok, from minimalist to mid century modern and high-end designer looks, while a baby likely won’t remember what their nursery looked like—social media will. Another big factor in furniture decisions
Municipals were weaker in spots Monday as they face difficult technicals, while U.S. Treasuries were firmer five years and out and equities rallied. The three-year muni-UST ratio was at 52%, 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
In January, ApeCoin (APE) had an underwhelming performance compared to metaverse-based tokens like Decentraland (MANA) and The Sandbox (SAND). APE token gained 61% compared to the 90% and 150% respective gains seen in SAND and MANA. The subdued gains can be attributed to the hefty APE staking rewards that is likely creating some selling pressure.
Philadelphia Fed President Patrick Harker said the odds of the Federal Reserve being able to control inflation without triggering a recession are growing, but that the key interest rate must get above 5% and stay there to ensure price pressures ease. “We actually are increasing the odds — we can get a soft landing. That