It was a busy week for the nation's only publicly funded high-speed train project, which named a new CEO and debuted electric Caltrain cars following the Republican bill that aims to derail the "expensive mess."
Greystone, a leading national commercial real estate finance company, has provided an $18,620,000 Fannie Mae Delegated Underwriting & Servicing loan for the acquisition of a 204-unit multifamily property in Fort Worth, Texas. Constructed in 2003, The Residences of Diamond Hill in Tarrant County is a 40-building garden-style apartment community featuring two-, three- and four-bedroom apartments.
Dolton's unfunded expenditures have soared since 2021, resulting in a negative $3.65 million balance in its general fund, Lori Lightfoot told village trustees.
Traditional finance institutions are increasingly exploring ways of putting assets like bonds, credit and funds on blockchain rails, known as RWA tokenization, to pursue operational benefits.
This week is packed with inflation data for investors to digest, starting with the U.S. government?s release of the Producer Price Index report for July on Tuesday, followed by the highly anticipated Consumer Price Index on Wednesday.
By RoboForex Analytical Department. The New Zealand dollar is steadily rising against the US dollar, with the NZD/USD pair reaching 0.6014 as of Monday. Recent data releases have painted a mixed economic picture. Investor attention is also turning towards upcoming US inflation data, which could further influence global monetary policy expectations, particularly Federal Reserve expectations.
A former Bank of Japan board member indicated that the central bank is expected to postpone any additional interest rate increases until next year, prioritizing market stability in the short term. What Happened: "They won't be able to hike again, at least for the rest of the year," said Makoto Sakurai, a former BOJ board member, in an interview with Bloomberg.
Proceeds to be used primarily to acquire bitcoin and for general corporate purposes Marathon Digital Holdings, Inc. (MARA), a global leader in leveraging digital asset compute to support the energy transformation, today announced that it intends to offer, subject to market conditions and other factors, $250 million aggregate principal amount of convertible senior notes due 2031 in a private offering ...
Bank of America CEO Brian Moynihan expressed concerns about the potential impact of the U.S. Federal Reserve?s interest rate policy on consumer sentiment and former president Donald Trump?s idea of presidential control over the Fed?s rate decisions.
No Signs Of Recession: The Federal Reserve may not cut interest rates until the November meeting, according to Brad Case, chief economist at Middleburg Communities, a real-estate investment and construction firm. In an interview with Yahoo Finance, Case said, ?There?s no particular reason to cut rates right.
The Federal Reserve is likely to proceed with its expected interest-rate cut next month, despite a projected modest uptick in U.S. inflation in July. What Happened: Projections indicate that the consumer price index, due on Wednesday, will show a 0.2% increase from June for both the headline figure and the core gauge, which excludes food and energy.
Optimove Insights, the analytical and research arm of Optimove, has released its Report on Consumer Shopping Intentions for Holiday 2024, offering insights for marketers looking to optimize their holiday strategies. At the same time, the report reveals a rise in consumer confidence and underscores that brand loyalty remains steadfast. Optimove is the first Customer-Led Marketing Platform.
The past week has been a whirlwind of financial news, with billionaires potentially facing a minimum tax, a call for swift interest rate cuts, and former President Donald Trump suggesting a say in Federal Reserve decisions.
Muni returns so far in August are in the black, with the Bloomberg Municipal Index at 0.53% this month and 1.04% year to date. High-yield continues to outperform with returns at 0.68% in August and 5.99% in 2024.
As governor of Minnesota, Tim Walz has proposed some sweeping investments, including a $3.3 billion bonding bill that was the largest in the state's history.
The Bank of Japan?s sudden U-turn on policy has ignited strong reactions on Wall Street this week, with investors now eyeing significant interest rate cuts from the Federal Reserve. Bank of America?s chief investment strategist, Michael Hartnett, believes that Wall Street has effectively forced the Bank of Japan into the decision to halt rate hikes during periods of market turmoil.
In an environment characterized by dwindling enrollment, slowing revenues, and the end of COVID-19 federal aid, small private universities are struggling to remain afloat.
California and Oregon are experiencing yet another record-setting year of wildfires amid increasing uncertainty about FEMA and property insurance backstops.
The economic impact of gambling on national economies has been astronomical from 2020 -2024, according to the latest Statista research. Minimum Deposit Casinos ? a division of the OneTwenty group ? explored how governments were spending the gambling tax and the impact of it. ?We looked at the top 5 revenue generating countries in online gambling.
Jeremy Siegel, a prominent finance professor at the Wharton School, has backtracked on his earlier call for an emergency interest rate cut by the Federal Reserve. What Happened: Siegel retracted his previous suggestion for an immediate 0.75 percentage point rate cut, followed by another in September, in an interview with CNBC. "I no longer certainly think it's necessary.
In August 2024, the Global Digital Technology Alliance Conference was held at the Beijing Hotel in Beijing, China. Image: Global Digital Technology Alliance Conference Held in Beijing At the beginning of the conference, Mr. Li Jinyuan, Chairman of the Board of Directors of TIENS Group, revealed the blueprint of "the three-New Strategies" and "the three-Globalization Strategies".
Bunker Hill Mining Corp. (BHLL) announces that it has entered into definitive agreements with Monetary Metals Bond III LLC, an entity established by Monetary Metals & Co., for the previously announced silver loan in an amount of US dollars equal to up to 1.2 million ounces of silver, to be advanced in one or more tranches, in support of the re-start and ongoing development of the Bunker Hill Mine.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
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