Denver voters will have the opportunity to consider a sales tax increase on the upcoming Nov. 5 ballot. This measure, proposed by Mayor Mike Johnston, aims to raise approximately $100 million annually to address the affordable housing crisis in the city. The city council voted 9-4 in favor of the 0.5% tax hike, emphasizing the
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In a recent development in the fintech industry, ChainwirePEXX, a startup specializing in stablecoin cross-border payments, has acquired the Singapore-based blockchain media platform, Chain Debrief. This acquisition comes after a successful fundraising round led by TNB Aura and ANTLER, where PEXX raised $4.5 million. The move aims to expand PEXX’s reach and deepen its engagement
The team of Ryan Reynolds, Hugh Jackman, and Shawn Levy have undeniably struck gold with the film “Deadpool & Wolverine.” A groundbreaking moment in cinema, the Disney and Marvel movie has now become the highest-grossing R-rated film in history, surpassing even the renowned “Joker.” With an impressive $1.085 billion global box office revenue, the film’s
Municipal bonds experienced improvements on Wednesday as the primary market took center stage. Notably, Chicago made a comeback to price its delayed general obligation bond deal alongside deals from other entities such as the Triborough Bridge and Tunnel Authority, the Pennsylvania Turnpike Commission, and the Las Vegas Valley Water Department. The session was marked by
With the announcement of the major party tickets, voters are paying close attention to the personal finance policies proposed by the candidates. Vice President Kamala Harris has teamed up with Minnesota Gov. Tim Walz, while former President Donald Trump has selected Sen. JD Vance of Ohio as his running mate. Both pairs are engaging in
Bitcoin, the leading cryptocurrency in the digital market, has been a topic of debate among investors, institutions, and financial experts. While some view it as a revolutionary asset with the potential to redefine the financial landscape, others, like Peter Schiff and Warren Buffet, remain skeptical of its significance and utility. One of the primary points
Tim Walz, the governor of Minnesota, has been at the forefront of proposing major investments in the state’s infrastructure. His $3.3 billion bonding bill, which aimed to address various infrastructure needs, was considered to be the largest in the state’s history. Additionally, earlier in the year, he proposed a $1 billion infrastructure package, showcasing his
JPMorgan Chase, the largest U.S. bank by assets, has recently introduced a generative artificial intelligence assistant called LLM Suite to tens of thousands of its employees. This move is part of the bank’s broader plan to integrate this technology throughout its operations. The software, which is already available to over 60,000 employees, aims to assist
The recent clash over environmental, social, and governance (ESG) investment policies among Congressional Republicans has sparked heated debates and discussions in the political arena. Last week, the House Republican ESG Working Group released a comprehensive 37-page report titled “The Failure of ESG: An Examination of Environmental, Social and Governance Factors in the American Boardroom and
Disney’s media business has long been viewed as a hindrance to the company’s overall success, with its streaming losses, declining traditional pay TV business, and box office failures causing concern among investors. This negative perception has been reflected in Disney’s stock performance, which has lagged behind the S&P 500 in recent years. However, the company’s