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The US has carried out a drone strike in eastern Afghanistan against an Isis-K “planner” behind the deadly attack on Kabul airport on Thursday, as countries wrap up desperate efforts to evacuate thousands of Afghans trying to flee. According to US Central Command on Friday night, American forces conducted an “over-the-horizon counter-terrorism operation” in Nangarhar
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Municipals were little changed in light trading on the last Friday of August as U.S. Treasuries made gains as did equities following Federal reserve Board Chair Jerome Powell’s Jackson Hole speech. The total potential volume for next week is estimated at $4.938 billion, an expected drop as the unofficial final week of summer comes ahead
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Leasing to private operators would leave the large majority of the 31 airports owned by city, county, and state governments with significant net proceeds after paying off outstanding airport bonds, allowing their governmental owners to pay down other debt or, in some cases, even eliminate unfunded pension liabilities. That was the conclusion of a study
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CEO and Co-Founder of Green Generation, which engineers and implements comprehensive integrated energy efficiency solutions. After a year’s postponement, anticipation over the outcomes of the 26th annual UN Climate Change Conference (COP26) in November is palpable among businesses and investors across all industries — and for good reason. Just as evidence continues to mount of the
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Investor Peter Boockvar is sounding the alarm on a housing price bubble brought on by the Federal Reserve’s Covid pandemic policies. He warns first-time homebuyers are most vulnerable to dramatic losses. “I feel bad for the people who bought homes over the past year because they’re the ones that paid the very elevated prices,” the chief
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This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.   After enforcing global KYC requirements for all users, Binance’s dominance in CeFi has slipped from about two-thirds to just over one half, according
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Weakness moved out the yield curve Thursday as secondary bid-wanteds were still elevated while U.S. Treasuries pared earlier losses and equities sold off in the afternoon as news out of Afghanistan grew worse. For the 25th straight week, Refinitiv Lipper reported inflows into municipal bond funds. Investors put $1.9 billion of cash into the mutual
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The US has warned American citizens to avoid Kabul airport because of security threats, just hours after secretary of state Antony Blinken urged the Taliban to ensure “safe passage” for people seeking to flee Afghanistan. The deteriorating security situation at the airport has been a mounting concern for US and western officials trying to evacuate
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As California lawmakers head into the fall to wrangle over budget trailer bills and begin to contemplate next year’s budget, they will do so with a robust piggy bank. California revenues continued to beat expectations, coming in $1.5 billion above the 2021-22 Budget Act forecast of $8.4 billion for July, according to the California Department
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Salesforce signage outside office building in New York. Scott Mlyn | CNBC Check out the companies making headlines after the bell: Salesforce — Salesforce shares rose 3% in extended trading on Wednesday after the enterprise software maker reported fiscal second-quarter earnings and forward guidance that exceeded analysts’ estimates. Revenue increased 23% year over year in the
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Municipals faced some pressure and benchmark yield curves were cut by one to two basis points Wednesday. Municipals largely have shrugged off a weaker U.S. Treasury market and outperformed while mutual funds saw another $2 billion-plus week of inflows. The 10- and 30-year UST have risen nine basis points since Monday, while munis have only