The U.S. market is currently experiencing a wave of optimism, driven largely by the artificial intelligence boom led by companies like Nvidia. The first half of 2024 saw strong gains across all three major indexes, with the S & P 500, Nasdaq Composite, and Dow Jones Industrial Average all posting positive numbers. Traders are looking
Revenue
Michigan’s $82.5 billion fiscal 2025 budget is set to be signed by Gov. Gretchen Whitmer and includes significant investments in roads and bridges. The funding for these infrastructure projects will come from the $700 million final tranche of Rebuilding Michigan Plan bonds, which will be issued later this year. This includes repairs to a key
Disney and Pixar’s “Inside Out 2” has achieved a remarkable milestone by joining the prestigious billion-dollar club. The animated sequel has surpassed $1 billion in worldwide box office revenue, solidifying its status as the highest-grossing film of 2024. This achievement marks a significant success for the film industry, particularly in a post-pandemic era where theatrical
In a time where the film industry is facing a lack of new content and audience preferences are evolving, Fathom Events has managed to defy the odds and achieve record revenue growth. This joint venture between major theater chains like AMC, Regal, and Cinemark has been a pioneer in bringing alternative content to the big
Investors are constantly on the lookout for opportunities to bolster their portfolios and increase returns. Dividend-paying stocks have emerged as a popular choice for many, offering a source of consistent income while also potentially providing capital appreciation. However, not all dividend stocks are created equal. To truly benefit from this investment strategy, it is crucial
Governor Gavin Newsom recently delivered a State of the State speech that was criticized for not adequately addressing California’s challenges in light of tax revenue shortfalls. Instead of focusing on state policy issues, Newsom centered his speech around national politics and the California Dream. His speech, delivered to an empty Dodgers Stadium due to COVID-19
The municipal bond market saw minimal changes on Thursday as the largest deals were priced, leading to a somewhat stagnant situation. U.S. Treasury yields experienced a decrease, while equities showed an uptick towards the end of the day. According to Refinitiv Municipal Market Data and ICE Data Services, the muni-to-Treasury ratios ranged from 66% to
The House Committee on Transportation and Infrastructure has raised concerns over the slow pace at which the Department of Transportation (DOT) is distributing Infrastructure Investment and Jobs Act (IIJA) funds. Despite receiving over $364 billion since the enactment of IIJA, the DOT has only obligated a little over half of the funds and outlaid a
The current landscape of Wall Street deals is showing signs of a comeback, with completed mergers and acquisitions up 16% in the second quarter compared to the previous year. This promising trend is expected to benefit a variety of asset managers, banks, and advisors, according to analyst Andrei Stadnik. The recent financials conference hosted by
Investing in municipal bonds can be a lucrative way for investors to earn tax-advantaged income. These bonds offer income that is free from federal taxes, making them an attractive option for wealthier individuals. In addition, investors who reside in the state where the bond is issued may also avoid state taxes, further increasing their potential