In a significant move that redefines its evaluation framework, S&P Global Ratings has placed over 400 issuers from state and local governments under criteria observation following the adoption of its updated rating methodology. This adjustment highlights S&P’s commitment to enhancing the framework used to assess government creditworthiness, which had been in place for years. The
strategies
The crypto market witnessed a remarkable surge in Bitcoin’s price recently, igniting discussions among analysts and investors alike. Currently priced around $66,883, Bitcoin has experienced a 1.57% rise in the past 24 hours, hinting at a potential breakout that could push it toward new all-time highs. Michaël van de Poppe, a prominent figure in crypto
United Airlines is positioning itself as a resilient player in the airline industry with the announcement of a $1.5 billion share buyback program following a surprisingly strong earnings report for the third quarter. This venture marks the airline’s first repurchase initiative since the onset of the COVID-19 pandemic, which significantly impacted the travel sector. United’s
The ongoing discourse surrounding the need for affordable housing has gained significant traction, particularly during pivotal electoral moments such as the presidential debates. A spotlight has been cast on various strategies to address this pressing issue, with a particular focus on transit-oriented development (TOD). This method of urban planning is emerging as a potential solution
The Asian currency markets are reflecting a climate of uncertainty as most currencies retreat against a robust U.S. dollar. On a recent Tuesday, the greenback maintained its strength, standing tall at a two-month peak, largely influenced by market sentiments favoring a decelerated approach to interest rate reductions by the Federal Reserve. The Federal Reserve’s communications,
In a significant development in the world of decentralized exchanges (DEX), Solanex AI has unveiled its plans for the token sale of its native cryptocurrency, $SOLDEX. Set against the backdrop of the Solana blockchain, which has made substantial strides in the crypto market, Solanex aims to revolutionize the way digital assets are traded by harnessing
The bond market is exhibiting unprecedented growth as 2024 progresses. Recent data highlights that September 2024 has become a significant milestone, showcasing a remarkable 44.5% increase in issuance compared to the same month in the previous year. With state and local governments playing leading roles, the market witnessed an influx of larger deals predominantly driven
Amidst the complex interplay of global finance, the performance of the U.S. dollar has garnered significant attention lately, experiencing modest losses on a Friday yet positioning itself for substantial weekly gains. As traders process recently released economic data, particularly focusing on the implications of Federal Reserve policy, the financial landscape reveals both opportunity and uncertainty.
Michael Saylor, the CEO of MicroStrategy, has become a notable figure in the cryptocurrency world, particularly for his staunch advocacy of Bitcoin. He recently published a thought-provoking post on X, urging investors to adopt a strategic approach to Bitcoin investments. Saylor’s commentary is not just casual remarks; they reflect a deep understanding of market dynamics
In recent years, Modelo beer has woven itself into the cultural fabric of Hispanic communities across the United States, exemplified by its presence at social events in towns like Lansing, Michigan. Stand-up comedian Rio Riojas illustrates this connection vividly: for him, Modelo is more than just a drink; it’s a symbol of celebration and unity