Month: May 2022

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George Clerk | E+ | Getty Images There’s an economic idiosyncrasy in the U.K. that makes it “one of the most vulnerable countries in the world right now,” according to an investment strategist. Mike Harris, the founder of Cribstone Strategic Macro, argues that a major problem for Britain is that its mortgage market is “heavily
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A coalition of former transportation officials, advocates and union leaders wrote a letter to California Assembly Speaker Anthony Rendon and Senate President Pro Tempore Toni Atkins urging them to release voter-approved bond funds to move the state’s high-speed rail project forward. The letter is the latest in the skirmish over California’s embattled high-speed rail project,
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Adaptation from an evolutionary perspective is by nature a glacially unhurried process. It pans out even slower and more painfully when it comes to fundamental changes to the rules by which the real estate industry plays—many of which remain so outdated that they are analogously as irrelevant and inefficient as phones still attached to the
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We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Ming Duan, the co-founder and chief operating officer of Umee, a cross-chain DeFi hub that allows decentralized interactions between
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A jubilant Sinn Féin was poised to clinch a historic victory in Northern Ireland’s elections and become the region’s biggest political force for the first time in a century, after more than half the seats to the Stormont assembly were decided. Sinn Féin, the party long associated with the paramilitary IRA, was clearly ahead of
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S&P Global Ratings raised Illinois’ ratings by one notch Friday. The action completes a round of upgrades that rewarded the state for progress in tackling chronic strains that were made worse by a two-year budget impasse that dragged the state’s ratings to the edge of junk. S&P lifted the general obligation rating to BBB-plus from
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In this article WDC A Western Digital office building is shown in Irvine, California, U.S., January 24, 2017. Mike Blake | Reuters Company: Western Digital (WDC) Business: Western Digital is a leading developer, manufacturer, and provider of data storage devices and solutions and operates in two market-leading franchises: hard disk drives (“HDD”) and NAND flash
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Two years after enduring the devastating financial impacts of Covid-19, the U.S. economy has made an impressive comeback, in large part due to a booming housing market. But as Lawrence Yun, chief economist for the National Association of Realtors explains, there are significant questions regarding the sector’s direction over the coming months. “Housing kept the
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The Federal Reserve is among Western central banks fighting stubbornly high inflation. Xinhua News Agency | Xinhua News Agency | Getty Images For the first time in years, Americans are in a period of rising interest rates. The Federal Reserve on Wednesday raised its benchmark rate a half-point, to cool down inflation that’s the highest
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In our first-quarter municipal (muni) bond outlook, the twin risks of higher inflation and rising interest rates were a key focus.  We maintain now, as we did then, that these risks could also present opportunities in certain corners of the fixed-income market, especially among shorter-duration municipal bonds.  At the end of 2021 into the early