Bond trustee UMB Trust has hired Lighthouse Management Group to serve as a receiver for a defaulted mining project.AdobeStock A Florida mining project that defaulted on its municipal bonds was put into receivership. The United States District Court for the Middle District of Florida appointed Lighthouse Management Group, Inc., to be the receiver for the
Month: March 2025
At 9am on Saturday morning, a group of women spread across the busiest street in central Kyiv and stopped traffic to observe a minute of silence. A loudspeaker counted 60 ticks before blaring the opening lines of the national anthem — “Ukraine’s glory and freedom have not yet perished”. Drivers and passengers stepped out of
<img src=”https://public.flourish.studio/visualisation/21870451/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were quiet Friday ahead of an $11 billion new-issue calendar as U.S. Treasury yields fell and equities ended up. The bond market’s attention has shifted from inflation and tariffs to economic growth issues, said BofA Global Research’s Yingchen Li and Ian Rogow. “Weak January retail sales and a