Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French president Emmanuel Macron said the release of all hostages seized by Hamas should be the “first objective” of Israel and its allies as western capitals urged more time for negotiations and the entry of
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Municipals were slightly firmer Tuesday as large deals priced in the primary saw yields lowered upon repricing. U.S. Treasuries were firmer out long and equities rallied. The two-year muni-to-Treasury ratio Tuesday was at 71%, the three-year was at 72%, the five-year at 72%, the 10-year at 74% and the 30-year at 91%, according to Refinitiv
Municipal budgets are showing resilience which could dampen the need for issuing new debt, even as headwinds have grown to include congressional stalemate that has put the possibility of a government shutdown back on the table. “A federal shutdown has many ripple effects,” said Farhadi Omeyr, program director, Research and Data, National League of Cities.
The iShares spot Bitcoin exchange-traded fund (ETF) proposed by investment firm BlackRock has been listed on the Depository Trust & Clearing Corporation (DTCC), suggesting potential approval by the United States Securities and Exchange Commission. In an Oct. 23 X (formerly Twitter) thread, Bloomberg ETF analyst Eric Balchunas said the DTCC listing was “all part of
The top bond counsel firms combined for a total of $265.112 billion in 5,327 transactions during the first three quarters of 2023, down from the $291.768 billion in 6,400 deals over the same period in 2022. Only two firms remained in the same spot as in the prior last year: Orrick Herrington & Sutcliffe and
Former President Donald Trump’s former lawyer Michael Cohen arrives for former attorney Michael Avenatti’s criminal trial at the United States Courthouse in the Manhattan borough of New York City, Jan. 24, 2022. Jeenah Moon | Reuters Michael Cohen, the former personal lawyer and fixer for Donald Trump, is set to begin testifying Tuesday in the
Major crypto exchanges recorded a net outflow on Oct. 24 as Bitcoin price briefly touched the $35,000 mark for the first time in a year. The movement of funds away from exchanges is considered a bullish sign as traders move their assets away from the centralized platforms in anticipation of a price surge. According to
In this article NOVO.B-DK LLY Follow your favorite stocksCREATE FREE ACCOUNT George Frey | Reuters Most analysts predict the market for new weight loss drugs like Wegovy and Mounjaro will be enormous, but estimates vary for its exact size depending on who you ask. On Monday, Citi raised its estimate for incretin drug sales to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas has freed two more of the dozens of hostages its militants captured during their assault on Israel earlier this month, amid ongoing diplomatic efforts to contain the soaring tensions in the Middle East. The
New Jersey’s tax revenues have continued to slide in the new fiscal year, according to recently published figures. The state pulled in $4.8 billion in taxes in September, New Jersey’s Department of the Treasury said in its monthly revenue report, a year-over-year decline of 5.1% for the month and drop of 6.2% for the first
Andrew Kelly | Reuters The bond vigilantes are coming back as investors continue to sell amid the prospect of higher-for-longer interest rates and a growing fiscal deficit, according to Kevin Zhao, head of global sovereign and currency at UBS Asset Management. The yield on the benchmark 10-year U.S. Treasury note rose above 5% once again
October is proving to be a solid month for Bitcoin (BTC) as the price is nearing the 2023 high at $31,805. Generally, major resistances are not cleared in the first instance as the bears come out in full force to guard the level. Therefore, a minor dip is to be expected, but that should not
About 10 years ago, I wrote an article noting that in the real estate and larger business worlds, people seemed to be moving away from making spontaneous phone calls. Instead, phone calls had often become the subject of elaborate planning and preparation, all via email. Two people might need 20 emails to agree on the
Uniswap dev loses job, was it worth it? A Uniswap developer known as “AzFlin” has been sacked by the founder of Uniswap Labs, Hayden Adams, for allegedly creating a memecoin and rug pulling it a few hours later for 14 wrapped-Ether (wETH), worth $25,800. It is understood that AzFlin developed and deployed FrensTech token (FRENS)
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US said it was sending more advanced weapons systems to the Middle East and the Israeli military warned Lebanon to rein in the militant group Hizbollah, reflecting growing concerns that Israel’s war against Hamas
In this article CSCO EOG CHK BMY CIVI Follow your favorite stocksCREATE FREE ACCOUNT A sign bearing the logo for communications and security tech giant Cisco Systems Inc. is seen outside one of its offices in San Jose, California, Aug. 11, 2022. Paresh Dave | Reuters The market’s volatility as of late is making dividend-paying
Lawyer and cryptocurrency supporter John Deaton has criticized the Lightning Network, deeming it less effective than the “Spend The Bits” protocol on the XRP Ledger (XRPL). Lightning is a layer-2 scaling solution for Bitcoin. It is designed to improve the scalability and efficiency of Bitcoin (BTC) transactions by enabling off-chain, peer-to-peer transactions. In an Oct.
Top Stories This Week Grayscale files for new spot Bitcoin ETF on NYSE Arca Major cryptocurrency investment firm Grayscale Investments has filed a new application with the U.S. Securities and Exchange Commission for a new spot Bitcoin exchange-traded fund (ETF). The new filing aligns with Grayscale’s ongoing effort to convert its Grayscale Bitcoin Trust into
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A small convoy of international aid entered Gaza on Saturday morning, hours after two American hostages were released by Hamas after mediation from Qatar. Some 20 trucks carrying medicines and canned food entered the southern
Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X (formerly Twitter). The majority of the tokens have been removed from circulation due to Adams’ concerns about price speculation over the previous days. Adams deployed the HAY token for testing five years ago, before the