The Georgia Ports Authority and the Army Corps of Engineers have signed an agreement to expand the Port of Brunswick, a move state officials said will help prepare the port for expansion. The agreement, announced Monday, clears the way for the Corps to begin dredging and widening certain sections of the port to accommodate larger
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Municipals extended their sell-off Thursday, as the front end of the curve was hit the hardest. U.S. Treasuries were weaker, and equities ended in the red. Triple-A benchmarks were cut 13 to 17 basis points at the one-year, depending on the scale, pushing it to around 3%. Muni-UST ratios rose on the short end. The
Play-to-earn retro games with Bitcoin (BTC) payouts may soon be making their way to a bar, conference or meetup near you, according to a Feb. 12 tweet by Zebedee founder Christian Moss. The software is tentatively called “Bit-tendo.” Bitcoin Pay to Play & Play to Earn in Super Mario 3 on the original NES! #bitcoin #retrogames
Rishi Sunak has launched a high-stakes gamble to seal a deal with Brussels over Northern Ireland, making a surprise visit to Belfast as Tory Eurosceptics warned he was going too far to accommodate the EU. The UK prime minister is seeking to win backing from Northern Irish parties for an outline deal with the EU
In this week’s episode of Market Talks, Cointelegraph welcomes Michaël van de Poppe, a full-time day/swing trader in cryptocurrencies based at the Amsterdam Stock Exchange who’s interested in everything related to blockchain in combination with the current financial system. He is also the CEO and founder of Eight Global, a cryptocurrency education and consultancy platform. We kick
Jakub Porzycki | Nurphoto | Getty Images Check out the companies making headlines in midday trading. Twilio — Shares jumped 19% after Twilio beat revenue expectations in its most recent quarter. The communications firm posted revenue of $1.02 billion, slightly better than the Refinitiv consensus estimate of $1 billion. West Pharmaceutical Services — Shares spiked
The United States Securities and Exchange Commission (SEC) plans to sue Paxos for issuing and listing its Binance USD (BUSD) stablecoin, benefitting its top-rival, Tether (USDT), whose market capitalization has risen to multimonth highs. BUSD market cap drops by $2 billion The SEC claims that BUSD, a U.S. dollar-backed stablecoin, is a security, noting that
Caesarstone Limited: https://www.zacks.com/stock/quote/CTSE?cid=CS-YOUTUBE-FT-VID Fortune Brands Home Security: https://www.zacks.com/stock/quote/FBHS?cid=CS-YOUTUBE-FT-VID Great investing opportunities exist everywhere in the stock market. But how do you find them? Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
The judge presiding over the FTX bankruptcy case has denied the U.S. Trustee’s request to appoint an independent examiner for the ongoing proceedings. The decision comes after judge John Dorsey postponed the ruling last week, citing concerns that the examiner could cost creditors tens of millions of dollars. The U.S. Trustee’s Argument for an Independent
Municipals sold off Wednesday in secondary trading, with the short end seeing the largest cuts, as several large deals priced in the primary. U.S. Treasuries were weaker and equities ended mixed after a strong retail sales report. Triple-A benchmark yields were cut six to 16 basis points, depending on the scale, pushing the one-year muni
Municipal issuers in the Southeast sold $69.5 million of bonds in 2022, a 13.1% year-over-year decline as governments across the region decreased capital spending and braced for a potential recession, according to industry experts. After starting 2022 with volume up 35% year-over-year in the first quarter, third and fourth quarter volume dropped substantially, according to
Nicola Sturgeon announced her resignation as Scotland’s first minister and leader of the Scottish National party on Wednesday after a backlash over her strategy for securing independence and controversy over proposed gender laws. A thorn in the side of UK prime ministers for almost a decade, Sturgeon led the pro-independence SNP to repeated electoral success
America’s homebuilders are growing more bullish as buyer demand picks up, driven in part by slightly lower mortgage rates. Homebuilder confidence in the market for newly built single-family homes in February rose 7 points to 42, according to the National Association of Home Builders/Wells Fargo Housing Market Index. This is the highest reading since September
Charlie Munger, a shareholder and board member for The Daily Journal, is set to speak at the newspaper’s virtual annual meeting Wednesday. Munger stepped down from his chairman title at the Los Angeles-based Daily Journal last year. The 99-year-old investor also donated $1 million of stock to create an equity-incentive plan at the company at the
Topline The number of homes scooped up by investors fell at a record pace last quarter amid higher mortgage rates and forecasts calling for substantial declines in home prices—further clouding the outlook for real estate investing but a positive development for potential home buyers looking to reap the benefits of falling housing prices. Key Facts
Former Pittsburgh-based banker Maurice “Mossie” Murphy Jr. moved on from the public finance business more than decade ago but he left his mark on colleagues who said his big personality, camaraderie, and support stood out in their competitive field. Murphy died in December after a three-year battle with cancer. He was 58. Murphy joined the
On Oct. 25, 2022 — about two weeks before the collapse of the world’s third-largest cryptocurrency exchange, FTX — prominent DeFi architect Andre Cronje published a foreboding article with a chilling warning on the state of centralized cryptocurrency exchanges: “Remedies under the current regulatory regime are ineffective. Most investors sign away their rights to their
Hudson Technology: https://www.zacks.com/stock/quote/HDSN?cid=CS-YOUTUBE-FT-VID John Bean Tech: https://www.zacks.com/stock/quote/JBT?cid=CS-YOUTUBE-FT-VID Earnings growth comes in a lot of different packages. Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
The Indian government announced during the annual budget on Feb. 1 that the country will increase infrastructure spending by 33% to 10 trillion rupees ($122.29 billion) in the next fiscal year. Bloomberg | Bloomberg | Getty Images Indian markets have been volatile as the Adani crisis continues to dominate headlines, but analysts say this could
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