Dallas Fort Worth International Airport is gearing up to enter the municipal bond market with a $750 million deal, following an impressive rating upgrade from S&P Global Ratings. The upgrade from AA-minus to A-plus is a result of the airport’s robust enplanements, financial resiliency, and stable debt service coverage. This positive change in rating indicates
Homeowners are currently sitting on a whopping $17 trillion in equity, and the average homeowner has gained $28,000 in equity compared to a year earlier. This presents a significant financial opportunity for homeowners who are looking to make major home improvements or repairs. According to a survey by Bankrate, 55% of polled homeowners believe that
The crypto markets have been lackluster recently, with Polkadot price facing a 3% drop in the past 24 hours to $4.45. This comes as risk sentiment remains vulnerable ahead of the release of the U.S. inflation report for July. Despite this dip, the altcoin has managed to stay up roughly 6% in the past week,
The appointment of Brian Niccol as the new chief executive and chair of Starbucks has sparked a wave of optimism among investors and analysts on Wall Street. With the goal of propelling the iconic coffee chain beyond the shadow of the Howard Schultz era, Niccol is tasked with breathing new life into the company’s struggling
In recent years, the cryptocurrency exchange industry has seen a significant rise in popularity, with platforms like Bybit leading the way. Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the implementation of a new listing and delisting framework aimed at enhancing user protection and promoting market integrity. This move highlights the growing
The Bitcoin price experienced a slight uptick on Tuesday following a recent market rout that spurred some bargain buying. However, risk sentiment remained limited as investors awaited key U.S. economic indicators scheduled for release later in the week. Capital flows data indicated that traders were drawn into crypto investment products over the past week, with
In a recent market update, Citi Research has expressed a growing bearish sentiment towards risk assets and has advised investors to sell any rallies in the EUR/USD currency pair. Despite a slight uptick in EUR/USD trading by 0.1% to $1.0926, there has been a general downward trend over the past week. Citi Research highlighted concerns
The village of Dolton, a suburb of Chicago, has found itself in dire financial straits, with a negative $3.65 million balance in its general fund as of May. What is even more alarming is the fact that the village has failed to submit any audited financial reports since the fiscal year 2021, despite statutory requirements
In the world of finance and investing, recommendations from Wall Street firms carry significant weight. These calls can have a major impact on the stock market and individual investors. UBS, for example, has reiterated Nvidia as a buy ahead of its earnings release. While this may seem like a positive endorsement, it is important to
Bitcoin trader Peter Brandt recently pointed out an intriguing price pattern emerging in the world of cryptocurrency trading. According to Brandt, Bitcoin’s price action is displaying an inverted or expanding triangle pattern. This type of pattern is often depicted by trendlines along a converging price range, indicating a pause in the prevailing trend. Brandt emphasized