In this article BTC.CM= RUM Follow your favorite stocksCREATE FREE ACCOUNT Mustafa Ciftci | Anadolu | Getty Images Rumble, a video platform aimed at conservatives, said Monday evening that it will begin allocating a portion of its excess cash reserves to bitcoin and making purchases of up to $20 million in the cryptocurrency. Shares rose
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Mexico’s president Claudia Sheinbaum hinted at retaliation over US president-elect Donald Trump’s proposed tariffs on her nation’s exports on Tuesday as the peso slid against the dollar. Trump vowed on Monday night to
<img src=”https://public.flourish.studio/visualisation/20477360/thumbnail” width=”100%” alt=”chart visualization” /> Muni yields fell Monday, following a U.S. Treasury rally, while equities ended up as market participants signaled their confidence in President-elect Donald Trump’s pick for U.S. Treasury Secretary. Muni yields were bumped up to seven basis points, depending on the scale, while USTs rallied up to 15, with both
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has said he will levy tariffs of 25 per cent on all US imports from Canada and Mexico, and an extra 10 per cent tariff on Chinese goods, in retaliation for
Scott Bessent, founder of the Key Square Group hedge fund, who once advised liberal financier George Soros, will be joined on Trump’s team by Russel Vought who was tapped to retake his position at the head of the Office of Management and Budget. Muni market leaders are reacting favorably to President – elect Trump’s nomination
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US dollar weakened and Treasuries rallied on Monday as the nomination of Scott Bessent as Treasury secretary eased investor fears over president-elect Donald Trump’s trade tariff plans. The dollar index, which tracks a basket
Clearway’s Victory Pass and Arica solar and battery storage project in Riverside County is among the renewable suppliers for Clean Energy Alliance.Clearway California’s burgeoning array of public community choice aggregators for electricity supply has made their presence known in the municipal bond market. This year, the California Community Choice Financing Authority issued the largest prepaid
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s national technology champion Huawei is poised to launch its first flagship phone that can run its own apps on a fully homegrown operating system, in the latest sign of how technology is splintering into
Pew senior officer Fatima Yousofi found states are considering diverse funding and financing tools to manage climate threats to their infrastructure.Pew As the municipal bond market expects issuance to swell over the next decade to accommodate climate-related infrastructure needs, states are also eying cap-and-invest and superfund programs to augment what is expected to be substantial
In this article HSIC Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Company: Henry Schein (HSIC) Business: Henry Schein is a solutions company for health care. It operates through two segments: health care distribution, and technology and value-added services. The health care distribution segment distributes an array
Russia’s armed forces have recruited hundreds of Yemeni men to fight in Ukraine, brought by a shadowy trafficking operation that highlights the growing links between Moscow and the Houthi rebel group. Yemeni recruits who travelled to Russia told the Financial Times they were promised high salaried employment and even Russian citizenship. When they arrived with
Longtime investment banker George Joseph McLiney, Jr., passed away unexpectedly at age 87 Saturday. The founder of McLiney and Company, which was acquired by SAMCO Capital Markets in 2019, McLiney was also a devoted husband, father, grandfather and great-grandfather, an avid golfer and a successful Kansas cattleman. George McLiney, Jr. “He loved life, and that
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Funds managed by Goldman Sachs will write off almost $900mn after Swedish battery maker Northvolt filed for Chapter 11 bankruptcy this week. Goldman’s private equity funds have at least $896mn in exposure to Northvolt, making
The village of Pewaukee, Wisconsin, is facing legal action over its transportation utility fee, which the Wisconsin Court of Appeals struck down in March.Adobe Stock The village of Pewaukee, Wisconsin, has become the target of lawsuits from the state’s combined chamber of commerce and manufacturers’ association over its transportation utility fee, which was struck down
An Amazon Web Services data center in Ashburn, Virginia, US, on Sunday, July 28, 2024. Nathan Howard | Bloomberg | Getty Images The power needs of artificial intelligence and cloud computing are growing so large that individual data center campuses could soon use more electricity than some cities, and even entire U.S. states, according to
Scott Bessent sat directly to Donald Trump’s left as the then presidential candidate laid out his economic agenda to a roomful of Wall Street bigwigs at the Economic Club of New York in September. Following his nomination to the top job at the US Treasury department, Bessent will now move into the spotlight as the
&amp;lt;img src=”https://public.flourish.studio/visualisation/20436998/thumbnail” width=”100%” alt=”chart visualization” /&amp;gt; The municipal market was lightly traded and little changed Friday ahead of the Thanksgiving-shortened week, with strong market technicals leading to more muni outperformance to U.S. Treasuries and corporates. Triple-A yields barely budged for the ninth consecutive trading session while USTs saw small losses on the short end and
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has picked Scott Bessent to be his US Treasury secretary, nominating one of his biggest financial backers as the top economic official of his second administration, according to five people familiar
Roosevelt & Cross CEO Charles Stavitski and President Elaine BrennanRoosevelt & Cross Charles Stavitski and Elaine Brennan have been promoted to new leadership positions at Roosevelt & Cross. The pair, who were already members of the firm’s board of directors, have taken on more leadership duties in the past year, with new titles now formalizing
Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, February 27, 2023. Brendan McDermid | Reuters Cathie Wood is defending her underperforming ARK Innovation exchange traded fund following a rocky stretch. “We have a volatile fund,” she told
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