Florida Gov. Ron DeSantis signed the $116.5 billion budget for fiscal 2023–24, which includes a $2.7 billion tax relief package and a debt reduction package. The general revenue portion of the budget is $46.1 billion, while the state’s reserves come in at $15.3 billion, 13.2% of the total budget for the fiscal year. The “Framework
While abundant snow and rain have eased drought conditions in the Southwest, states in the region are continuing to crack down on water use and invest in future water sources to accommodate a growing population. In Arizona, which allocated $1 billion last year to protect and expand its water supply, Gov. Katie Hobbs had a
dApp Store Kit, which was initially incubated by Polygon Labs, will integrate Ready Games’ mobile game development toolkit to help developers roll out Web3 games. dApp Store Kit’s toolkit for deploying EVM-compatible DApp stores will combine with Ready Games, allowing developers to integrate Web3 on-chain support. This will include the ability to integrate wallets and
In this article MU SOFI ADBE SPCE Follow your favorite stocksCREATE FREE ACCOUNT Aircraft VMS EVE carries spacecraft VSS Unity during a flight test. Virgin Galactic Check out the companies making the biggest moves in premarket trading: Virgin Galactic — Shares soared nearly 45% in premarket trading, a day after the company said its first
Odey Asset Management has suspended trading in a fourth fund following a “sizeable level” of withdrawal requests in the wake of sexual misconduct allegations against founder Crispin Odey, which have precipitated the break-up of one of London’s oldest hedge fund firms. The firm said in a letter to investors on Friday that it was temporarily
A raft of weak Chinese economic data in May has raised hopes of decisive policy intervention. Market watchers are anticipating the next steps from China’s State Council and a Politburo meeting in July, during which the Communist Party’s top brass will review the country’s economic performance in the first half of the year. related investing
In this article BLK Follow your favorite stocksCREATE FREE ACCOUNT Bitcoin is up 50% so far in 2023, beating major commodities and stock indexes. Filip Radwanski | Sopa Images | Lightrocket | Getty Images Asset management giant BlackRock took the first steps Thursday to launch a spot bitcoin exchange-traded fund, which has long been a
Wisconsin lawmakers signed off on legislation that raises local government aid and empowers Milwaukee and Milwaukee County to enact a sales tax hike after months of negotiations and dire warnings over the city’s looming insolvency. Lawmakers gave final approval to the legislation late Wednesday and Gov. Tony Evers is expected to sign it. As part
Moody’s Investors Service put the Guam Power Authority revenue bonds’ Baa2 rating on review for a possible downgrade following damage from Typhoon Mawar that hit the territory in late May. Moody’s on Wednesday said the downgrade review stemmed from Mawar’s damage to the territory and “to a lesser extent to GPA’s infrastructure,” said William Oh,
Federal Reserve Bank of Atlanta President Raphael Bostic disclosed having made prohibited personal trades last year. Bostic said his account managers executed nine sales and 10 purchases on his behalf on May 2, 2022, one day before the Federal Open Market Committee was set to meet. Fed officials are prohibited from engaging in trades for
The crypto market remains volatile after the June 14 Federal Open Market Committee (FOMC) announcement and presser with Fed Chairman Jerome Powell revealed that the central bank would pause rate hikes for June. While this move aligned with investors’ expectations, the crypto market has yet to show any bullish momentum. Powell also mentioned that at
After nearly a decade of gridlock, the United States may finally be on the cusp of crafting a cohesive policy framework for digital assets. In Congress, lawmakers are mulling a variety of proposed bills governing everything from stablecoins and securities rules to sanctions. The 2024 presidential race, meanwhile, may be the first to see crypto
Move-to-earn platform Sweat Economy is set to repurpose over 2 billion native $SWEAT tokens that were locked up in inactive user wallets. The tokens, valued at around $10 billion, were locked up in dormant user accounts following a token airdrop event in Sep. 2022. According to the platform, Sweatcoin users that opted into the Web3
Boris Johnson, Britain’s former prime minister, has been condemned for lying to parliament over the Covid “partygate” scandal, in a damning report that casts doubt on whether he can ever stage a political comeback. The report by a cross-party committee of MPs published on Thursday is a searing indictment of Johnson’s conduct in high office,
In this article MAXN LI PLAY SOFI FOUR Follow your favorite stocksCREATE FREE ACCOUNT A man walks by a panel with the logo of Logitech on the campus of the Swiss Federal Institute of Technology of Lausanne in Lausanne, Switzerland, Nov. 27, 2019. Fabrice Coffrini | AFP | Getty Images Check out the companies making
Bitcoin’s price has been pinned below $26,300 since June 10, reflecting a 14.8% correction in two months. Meanwhile, the Nasdaq tech stock market index gained 13.6% in the same period, indicating that investors are not exactly fleeing to the safety of cash and short-term debt. In fact, the demand for United States government bonds has
After a small dip in the winter months, the luxury real estate market in Arizona’s Valley of the Sun is rising again. According to data provided by Scottsdale-based brokerage RETSY, the number of homes sold in Paradise Valley—Arizona’s wealthiest community—has surpassed that of all of last year, with the average sales price reaching $3.69 million
Big asset managers are buying up UK government debt again, tempted by the higher yields on offer after a much faster sell-off than in other major bond markets. Two-year gilts suffered a sharp sell-off on Tuesday, with yields surging 0.25 percentage points to 4.89 per cent, the highest level since 2008. That followed official figures
In this article GSBD GS MS KMI Follow your favorite stocksCREATE FREE ACCOUNT NANNING, CHINA – MAY 17, 2023 – A commercial residential property is seen in Nanning, South China’s Guangxi Zhuang autonomous region, May 17, 2023. Future Publishing | Future Publishing | Getty Images Weakness in China’s real estate sector could be a drag
Bitcoin (BTC) has been trading in a narrow 3.4% range for the past three days after successfully defending the $25,500 support on June 10. In this time, investors’ attention has shifted to the macroeconomic area as the U.S. Federal Reserve will announce its interest rate decision on June 14. Cryptocurrencies might work independently from the