New homeowners often face unexpected financial surprises, but those purchasing newly built homes may be particularly susceptible to sticker shock when it comes to property taxes. According to a survey from Real Estate Witch, nearly three-quarters of recent homebuyers expressed regrets about their purchase, with property taxes being the most common source of discontent, surprising
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Florida’s Brightline passenger train, known in the high-yield municipal market, is embarking on its investment grade market debut with a $2 billion deal. This marks a significant step towards restructuring its debt load, positioning itself for future growth and stability. In addition to this, there are plans to offer another $1 billion of subordinate high-yield
Alphabet’s cloud event on Tuesday has the potential to significantly impact investor sentiment, particularly in relation to the search giant’s artificial intelligence capabilities. Amidst a challenging period for the company, characterized by dwindling investor appetite and AI mishaps, this event could serve as a much-needed boost for Alphabet. Wall Street analysts, including Bank of America’s
Bill Gross, a well-known investor, has recently shown his support for MLP pipelines as an income-oriented investment. He highlighted that MLPs have shown significant growth over the past year, outperforming many other types of investments. This surge in MLP popularity is closely tied to the rising energy prices, with West Texas Intermediate crude futures and
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In a recent announcement, JST Digital, a global financial services firm specializing in digital assets, revealed that it has become a member of the Stablecoin Standard. The Stablecoin Standard is an industry body that aims to set international standards for high-quality liquid stablecoins. This move by JST Digital signifies a commitment to improving the regulations
In a recent development, ChainwiredWallet Network and Mysten Labs have joined forces to introduce multi-chain interoperability into the decentralized finance (DeFi) ecosystem on Sui, a cutting-edge Layer 1 and smart contract platform. This strategic partnership aims to revolutionize the way applications are built and transactions are conducted within the blockchain space. Through the integration of
After months of being off the road, General Motors’ Cruise self-driving vehicle unit is set to redeploy cars on U.S. roadways starting Tuesday. However, this time around, the fleet will consist of human-driven vehicles rather than the usual robotaxis. This decision comes on the heels of an unfortunate accident that occurred on October 2nd in
Recently, news broke regarding Brazilian private equity firm 3G Capital’s decision to sell off its 16.1% stake in Kraft Heinz, marking the end of an era that began nearly nine years ago when it orchestrated the merger of Kraft Foods and Heinz with Warren Buffett. The move comes after 3G’s diminishing influence on Kraft Heinz,
In recent years, there has been a significant increase in the number of “million-dollar” cities across the United States. According to a recent analysis by Zillow, there are now 550 cities where the “typical” home value is $1 million or more. This represents a substantial increase from previous years, with 59 new cities reaching the