The increase in municipal bond issuance during July has been attributed to several factors such as front-loaded issuance ahead of the election, a lower rate environment, and a breakneck pace of supply. These trends have continued for the seventh consecutive month, with volume rising to $33.935 billion in 576 issues, representing a 21.2% increase from
Boeing has recently announced the appointment of Robert “Kelly” Ortberg as the new CEO, replacing Dave Calhoun. Ortberg, a veteran in the aerospace industry, comes from outside the company, bringing with him a wealth of experience from his time at Rockwell Collins. With Ortberg set to start on August 8, the industry is watching closely
In a groundbreaking move, M2 ADGM now allows UAE residents to use their local bank accounts to purchase Bitcoin (BTC) and Ethereum (ETH) with United Arab Emirates Dirhams (AED). This integration, regulated by the Financial Services Regulatory Authority (FSRA) within the Abu Dhabi Global Market (ADGM), signifies a momentous shift in the region’s adoption of
The automotive industry is constantly evolving, with companies like Ford Motor leading the charge in innovation and technological advancements. One such example is the redesigned 2025 Ford Maverick, a small but mighty pickup truck that is making waves in the market. The latest updates to the Maverick include a host of exciting features that are
The city of Gary, Indiana, is embarking on a revitalization effort aimed at transforming the downtown area through strategic bond financings. With projects in the pipeline such as the Gary Metro Center station redevelopment and the construction of a convention center in Lake County, the city is collaborating with Notre Dame’s School of Architecture to
Recent data from the Mortgage Bankers Association suggests that home affordability has slightly improved for buyers this summer. The report indicates that the median new mortgage payment in June was $2,167, reflecting a 2.4% decline from May. This improvement in affordability can be attributed to a decrease in the index that measures how new monthly
The municipal bond market has shown little change in recent days, with U.S. Treasuries being firmer and equities experiencing mixed activity towards the end of the session. Despite this stability, municipal bond yields remain consistent with levels observed at the beginning of the summer last year. According to Tom Kozlik, the managing director and head
The breakthrough Alzheimer’s drug Leqembi has shown promising results in slowing the progression of the disease over three years. The need for patients to stay on this treatment long term has been emphasized in new data released by Japanese drugmaker Eisai. However, the study has also revealed that a patient’s Alzheimer’s disease worsens after they
Spirit Airlines, known for its budget-friendly approach to air travel, is making significant changes to its ticketing options in an effort to attract more customers and increase revenue. Starting next month, the Florida-based carrier will introduce four categories of service aimed at providing travelers with more choices and added perks. From “Go Big” Tickets offering
On July 31, 2024, Bybit, the world’s second-largest cryptocurrency exchange, will host a livestream event featuring Web3 experts discussing the topic of “Blinks, AI, Ignition: Bridging Web3 and Web2.” The event aims to shed light on new crypto innovations that integrate blockchain applications into traditional digital platforms like Facebook and Twitter, enabling new crypto payment