The Government Finance Officers Association’s Washington, D.C. team is gearing up for some significant changes ahead of the upcoming high-stakes national election. With the anticipation of a shift in Congressional complexion and possibly even a new administration, the team is strategically planning for the future. They understand the importance of planting the seeds of municipal
Potential
In a groundbreaking announcement, Chainwire ceτi AI has solidified an extended purchase agreement with Cedarcross International Technologies, Inc. This partnership includes the acquisition of three additional high-performance computing (HPC) servers, each equipped with 8 NVIDIA H100 Tensor Core GPUs. Furthermore, there is an option to procure an additional 200 identical HPC servers, marking a significant
Following the recent European elections, the French government bond market experienced significant stress, with the 10-year OAT-Bund spread widening sharply by 7-8 basis points. This widening reached the widest levels seen since last year, indicating a high level of uncertainty and concern among investors. The market reaction isn’t surprising given the backdrop of political and
The U.S. dollar saw a retreat on Tuesday, pulling back from a one-month high as yields dipped ahead of significant U.S. inflation data and the upcoming Federal Reserve meeting. The Dollar Index, which monitors the greenback against a selection of other currencies, was down 0.3% at 104.795, following a peak of 105.39 on Monday –
In the midst of football tournaments happening in Europe and the Americas, a new trend is taking the cryptocurrency world by storm – fan tokens. These unique digital assets are issued by national teams or individual clubs, offering supporters a tradable way to engage with their favorite teams. As excitement builds for events like the
The recent investigation into United Auto Workers President Shawn Fain by federal court-appointed monitor Neil Barofsky has brought to light serious allegations of abuse of power within the union’s leadership. It is concerning to see accusations of obstruction and interference with the investigation, which could potentially violate the 2020 consent decree between the UAW and
The artificial intelligence revolution has caused a significant stir in the stock market, with certain stocks being at the forefront of this trend. According to Evercore ISI, investing in these stocks and holding onto them for the long term could prove to be a wise decision. The excitement surrounding AI has propelled Nvidia to a
Disney fans around the world are eagerly anticipating the reopening of Tiana’s Bayou Adventure, the rethemed Splash Mountain ride at Walt Disney World Resort in Orlando, Florida. The transformation of this iconic water ride into a new experience featuring characters from Disney Animation’s “Princess and the Frog” has been in the works for four years.
The municipal market showed little movement on Monday, outperforming Treasuries, which saw slight losses, as equities ticked up towards the close of the day. Refinitiv Municipal Market Data reported muni-to-Treasury ratios hovering in the mid-60% range for most tenors, indicating relative stability within the market. Despite a recent period of negative performance, spurred by elevated
As we navigate through the second half of 2024, experts are divided over the direction in which the housing market is heading. While some, like Glenn Kelman, CEO of Redfin, express optimism about the market’s potential for improvement, others like Jeff Ostrowski from Bankrate.com, remain cautious about making definitive predictions. Shifts in Mortgage Rates and