AES Puerto Rico, a firm that supplies about 21% of the electricity transmitted by the Puerto Rico Electric Power Authority, defaulted Thursday, missing an $18 million interest and principal payment on outstanding municipals it priced through a conduit in 2000. In a notice to the Municipal Securities Rulemaking Board’s EMMA site on Friday, AES Puerto
China has warned western militaries to stay out of waters and airspace near its borders if they want to avoid dangerous run-ins with the People’s Liberation Army, putting on display the growing risks of unintended conflict as geopolitical competition grows. The blunt message from General Li Shangfu, China’s new defence minister, followed a near collision
In this article ABI-BE BUD TGT KSS VFC TAP Follow your favorite stocksCREATE FREE ACCOUNT Pride Month merchandise is displayed at a Target store on May 31, 2023 in San Francisco, California. Justin Sullivan | Getty Images Even before Pride month was underway, it seems as if it was open season on companies celebrating the
In this article FDS Follow your favorite stocksCREATE FREE ACCOUNT A view of a Canadian athletic apparel retailer Lululemon logo seen at one of their stores. Alex Tai | LightRocket | Getty Images Check out the companies making headlines in early morning trading. MongoDB — The data developer platform stock surged 27% after the company issued
Architect Eric Strain’s elemental three-box residential design―placed on the unforgiving Mojave Desert floor near Las Vegas―is reminiscent of a Zen retreat that’s at once urbane and contemplative. “It’s a journey around and through these three boxes, both inside and outside,” says Strain, whose 2011 design is located in Summerlin’s 800-acre Ridges community comprised of a
Most homeowners are planning to remodel at some point down the road, but not everyone will get their money’s worth in improved home value. Of all home improvement projects, the most popular are sparkling bathroom overhauls, according to newly released data from the Contractor Growth Network, followed by big-ticket kitchen and basement renovations. In some
In today’s video, I am going to show you exactly how to create an iron butterfly. In other words, how to create a butterfly risk profile using an iron condor. I’m also going to explain how the butterfly risk profile works and how you can make money with it. Both the butterfly and the iron
Struggling with declining enrollment, Oregon’s Portland State University had its outlook revised to negative by Moody’s Investors Service, affecting $193 million of outstanding debt. Enrollment declined by more than 20% over the past six years, and expectations of continued declines over the next four years at the downtown Portland university were cited by Moody’s in
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The United States equities markets rallied sharply on June 2 even though the nonfarm payrolls in May rose 339,000, blowing past economists’ expectations of a 190,000 increase. A few analysts pointed out that the market was possibly encouraged by the slower growth rate of hourly earnings which was slightly below estimates and an uptick in
On June 2, the price of Arbitrum jumped alongside the top-ranking cryptocurrencies after the United States Senate voted to raise the debt limit. Why is the ARB price up today? The price of Arbitrum (ARB) rose 9% to an intraday high of $1.25, beating the crypto market’s total overall gains of 1.5% in the same period. ARB/USDT
Municipals were slightly firmer Friday, outperforming a U.S. Treasury selloff after a hotter-than-expected jobs report. Equities rallied. Triple-A yields were firmer by up to four basis points while Treasuries were weaker by up to 15 on the short end. Short ratios fell as a result. The two-year muni-Treasury ratio Friday was at 66%, the three-year
CIA director Bill Burns travelled to China last month, a clandestine visit by one of President Joe Biden’s most trusted officials that signals how concerned the White House had become about deteriorating relations between Beijing and Washington. Five people familiar with the situation said Burns, a former top diplomat who is frequently entrusted with delicate
In this article DNA IOT MDB ZS DD LULU Follow your favorite stocksCREATE FREE ACCOUNT A boarded up T-Mobile location on June 2, 2020 in New York, after looting occurred the previous night. Dan Magan | CNBC Check out the companies making headlines in midday trading. Lululemon — The athleisure apparel company rallied 12% on
A two-bedroom condo in famed architect Robert A.M. Stern’s celebrity-filled 15 Central Park West takes in panoramic views of the park. The apartment sits on the 27th floor of “the Tower” of the two-building complex, overlooking the iconic green space and the Manhattan skyline that borders it. The building was constructed in the mid-2000s and
Aerial views of new homes under construction in the Pinal County, AZ town of Florence Wednesday, Jan. 26, 2022. Brian Van Der Brug | Los Angeles Times | Getty Images Arizona will not allow new housing construction in the Phoenix area that depends on groundwater, a decision that comes as the state grapples with a
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The Austin City Council on Thursday approved an $88 million settlement with an airport terminal operator that will allow a largely bond-financed expansion and development program at the Austin-Bergstrom International Airport to move forward with a midfield concourse project. The settlement paid with airport revenue will end litigation against the city by LoneStar Airport Holdings,
So you’ve only got a small amount of money and you’re wondering – ‘is it even worth investing?’ In short, the answer is yes. From small acorns mighty oaks grow and the earlier you start investing the better. You’ll never have more time ahead of you than you do right now, so what are you
The European crypto scene has gained significant traction over the past few years, with a surge in the interest in and adoption of cryptocurrencies and blockchain technology. While the crypto industry is often associated with decentralization, innovation and financial freedom, it is not immune to various political ideologies and influences, and right-wing movements are no
The number of staked Ether (ETH) in May reached a new all-time high of 2.96 million ETH, or approximately 2.46% of the total ETH supply. The amount of staked ETH in May does not include withdrawals and is more than twice as big as the second-highest staked amount of ETH registered in February 2022. Monthly
Two Missouri-based hospital operators, BJC HealthCare and Saint Luke’s Health System, are the latest to join the trend of large-system mergers. The two signed a letter of intent to form an integrated not-for-profit Missouri-based health system Wednesday. The systems will work to reach a definitive agreement “in the coming months” with a closing anticipated by the
Rishi Sunak’s government on Thursday refused to hand over Boris Johnson’s unredacted WhatsApp messages to the official Covid public inquiry, instead launching a legal challenge to try to keep them secret. The move puts Sunak at loggerheads with the inquiry, headed by former judge Baroness Heather Hallett, and fuelled claims by opposition parties that he
A Lululemon sign is seen at a shopping mall in San Diego, California, November, 23, 2022. Mike Blake | Reuters Check out the companies making headlines after the bell: Lululemon — Lululemon’s stock popped 12% after the athletics apparel retailer posted better-than-expected fiscal first quarter earnings and lifted its full-year guidance. The company also reported
Modern Family actress Sofia Vergara is saying goodbye to her $18 million Los Angeles mansion—again. Vergara and her husband, Joe Manganiello, have officially relisted their Mediterranean-style Beverly Hills mansion with a $2 million price cut. Last year, the couple listed the home for $20 million, and while they’ve slashed the price, it’s still $7.4 million
Ejs9 | E+ | Getty Images Assessing how fast prices are changing for consumers may sound straightforward. But that’s not always the case — measurement quirks in consumer price index categories such as housing, technology and health insurance mean inflation readings don’t always jibe with the actual prices people pay. The dynamic is important: It
Political brinkmanship has the nation’s credit rating headed towards a race against the clock in the U.S. Senate, though the crisis now appears near resolution after the House Wednesday night passed the 99-page Fiscal Responsibility Act of 2023, a bipartisan effort to avoid default. Municipal market participants are moved to cautious optimism about the latest events.
I’d rather learn about and invest in Chinese companies creating the future than be afraid of them. Alibaba: https://www.zacks.com/stock/quote/BABA?cid=CS-YOUTUBE-FT-VID Baidu: https://www.zacks.com/stock/quote/BIDU?cid=CS-YOUTUBE-FT-VID Google: https://www.zacks.com/stock/quote/GOOGL?cid=CS-YOUTUBE-FT-VID Amazon: https://www.zacks.com/stock/quote/AMZN?cid=CS-YOUTUBE-FT-VID NVIDIA: https://www.zacks.com/stock/quote/NVDA?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
The crypto sector appears to have dodged another bullet. At the time of publication, the United States has reached a political agreement to raise its debt ceiling, avoiding a calamitous default on its obligations, and this resolution probably won’t include any new taxes on cryptocurrencies. But that doesn’t mean the question of U.S. crypto taxation
BitCulture explores arts, culture, music and media in blockchain and Web3. Fine art on the blockchain Exchange.art head curator Haley Karren came to Web3 from some of the world’s leading art institutions and says that working with 14,000 artists on Solana’s fine art marketplace has broadened her tastes. Exchange.art head curator Haley Karren (Supplied) “I have