Boeing’s Starliner spacecraft finally undocked from the International Space Station after a significant delay, leaving behind the two astronauts it had delivered to orbit earlier. The return journey to Earth took about six hours, culminating in a successful touchdown at White Sands Space Harbor in New Mexico. However, the undocking process was not without its
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Former President Donald Trump recently suggested the creation of a U.S. sovereign wealth fund to finance infrastructure projects during a speech at the Economic Club of New York. However, Trump failed to provide specific details on how this proposed fund would operate or what its exact purpose would be. The lack of clarity in the
Investors looking for ways to secure long-term income may find a potential solution in an overlooked segment of the municipal bond market. Municipal bonds, issued by state and local governments, offer investors a unique opportunity to diversify their portfolios and benefit from tax-exempt returns. While these bonds typically yield lower than corporate bonds of similar
The Green Bay Packers are the only National Football League team with an ownership structure that resembles a publicly traded company. This unique setup has been in place for over a century, making the Packers stand out among the four major North American professional sports leagues. With a valuation of $6.3 billion, the Packers are
When Jerry Jones purchased the Dallas Cowboys in 1989, he took over a team that was struggling financially, losing $1 million a month. Despite the empty seats and suites at Texas Stadium, Jones saw an opportunity to turn the franchise around. Fast forward 35 years, and the Cowboys are now valued at an astonishing $11
As football season kicks off, the anticipation for record-breaking betting numbers is high. Projections estimate that U.S. adults will wager a staggering $35 billion this NFL season, showcasing a significant increase from last year’s $26.7 billion. With the legalization of sports betting in 38 states and Washington, D.C., the industry is thriving. States like Maine,
Investing trends among ultra-high-net-worth individuals are constantly shifting, as evidenced by Tiger 21’s asset allocation report. Surprisingly, more than half of Tiger 21’s members have chosen not to invest in Nvidia, despite its status as a chip darling in the AI space. With over $165 billion in personal assets collectively, these members have opted to
The North Texas Tollway Authority is embarking on a significant bond sale worth $1.126 billion, with the aim of seeking savings through bond refundings and tenders. This huge deal is set to be executed in two series, with $446.14 million of first tier revenue bonds designated to fund a tender offer for taxable bonds sold
Amidst expectations of interest rate cuts by the Federal Reserve in September, dividend-paying stocks are gaining attention as potential outperformers. This is especially true as the dividend yields from such stocks are poised to become more attractive compared to other income-generating assets like bonds. With a plethora of companies offering dividends, choosing the right stocks
GE Aerospace is positioned to thrive in the face of ongoing manufacturing challenges at Boeing, as stated by Artisan Partners’ Chris Smith. The introduction of their new leap engine has effectively established a monopoly for GE, with the engine expected to power a majority of new narrow-body planes in the coming years. This dominance could