In a significant shift in the residential real estate landscape, new regulations governing how home sales are conducted have been set into motion following a landmark settlement by the National Association of Realtors (NAR). This evolving framework emerged in response to an antitrust class-action lawsuit, underlining pressing issues related to agent commissions. As buyers and
Legal
In a significant ruling from the U.S. District Court for the District of Columbia, it has been determined that Bitfinex, a prominent cryptocurrency exchange, stands as the exclusive entity entitled to restitution regarding the loss of 119,754 BTC following the notorious 2016 hacking incident. This revelation surfaces in the wake of major developments involving Ilya
In a climate that increasingly grapples with the intersection of business ethics and environmental concerns, Texas finds itself at the forefront of a contentious legal battle. A lawsuit has been initiated against a 2021 law that prohibits government contracts with financial institutions deemed to be “boycotting” the fossil fuel industry. The Texas state comptroller and
Cleveland is set to return to the financial markets with significant bond offerings this month, reflecting the city’s continuing efforts to improve infrastructure and public services. This article delves into the details of both bond issuances, evaluates the city’s financial position, and discusses the implications for taxpayers and residents alike. The first of the two
In a pivotal move for Salt Lake City, the city council recently approved a ground-breaking agreement that could see the issuance of up to $900 million in bonds directed towards the renovation of the Delta Center, home to the NBA’s Utah Jazz, and the revitalization of a downtown urban district. This megadeal has ignited discussions
The ongoing conflict between Stellantis, the automotive giant resulting from the merger of Fiat Chrysler and PSA Group, and the United Auto Workers (UAW) has reached new heights with a recent lawsuit that underscores the deep divisions between management and labor. This legal dispute reveals the complexities of modern labor relations and raises pertinent questions
The Muni Pride LGBTQ+ History Month Social Mixer, which took place in Manhattan, served as a significant platform for celebrating the strides made toward inclusivity and representation within the realms of finance and government. Connecticut Treasurer Erick Russell, who delivered the keynote address, spotlighted the trailblazers who have paved the way for individuals in marginalized
In a recent move that underscores its commitment to fiscal responsibility, the Municipal Securities Rulemaking Board (MSRB) has sanctioned a budget of $48.8 million for the 2025 fiscal year. This marks a modest increase of 2.9% from the previous year’s budget, being the first budget since the Securities and Exchange Commission halted its rate card
In a critical move advocating for California’s public education system, the California School Boards Association (CSBA) has filed a lawsuit against the state, taking issue with a trailer bill that alters funding mechanisms established by Proposition 98. This proposition, which has governed educational budget allocations since its passage, mandates that a specific percentage of the
On September 19, 2024, the city of Dallas became the focal point of a transformative gathering known as the Digital Fusion Summit. Hosted at the luxurious W Hotel – Victory, the summit attracted an elite assembly of family offices, institutional investors, and high-net-worth individuals, all eager to explore the intersection of traditional finance and the