Vanguard, a renowned asset management giant known for its low-cost investment options, has been facing criticism over its customer service in recent years. The new CEO, Salim Ramji, has made it clear that improving the customer experience is at the top of his agenda. One common complaint from Vanguard customers is the difficulty in reaching
Success
McDonald’s executives faced challenges in the second quarter, with a decline in same-store sales across all segments, including the U.S. market. Despite forecasting these challenges, the company fell short of analysts’ estimates on both the top and bottom lines. This indicates a need for a strategic shift in the approach to recapturing consumers. U.S. President
McDonald’s executives recently acknowledged that many consumers, especially those with lower incomes, perceive the company’s prices as too high. This realization comes at a time when many people are facing challenges due to high inflation, causing them to rethink their spending habits, particularly when it comes to dining out. During the second-quarter earnings call, McDonald’s
The U.S. Soccer Federation is embarking on a new venture, seeking to fund its headquarters and training facility in Georgia. The federation is issuing $200 million of tax-exempt revenue bonds to finance most of the project’s $225 million cost. The Arthur M. Blank U.S. Soccer Training Center aims to be a unique facility that will
New York City is set to offer $1.2 billion of refunding general obligation bonds, marking its first deal of the fiscal year. With the market’s appetite for Big Apple debt being closely watched, there are both challenges and opportunities that come with such a significant issuance. The city’s regular presence in the market has created
If Donald Trump were to return to the White House, the cryptocurrency and digital asset sector could potentially see significant benefits, according to Compass Point Research & Trading. The firm highlighted Trump’s supportive stance on crypto, pointing out that his campaign is even accepting crypto donations. In a recent meeting with crypto miners, Trump discussed
With the upcoming change in administration in 2025, traders and investors are left wondering about the impact on the markets and economy. The stark differences in policy platforms between the two parties raise concerns about the future. A hypothetical handbook titled “What to Expect When You’re Electing” could provide insights into the potential economic prospects
Bristol Myers Squibb recently announced its second-quarter earnings, which exceeded expectations, indicating a positive financial performance for the pharmaceutical giant. The company reported revenue and earnings that surpassed forecasts, prompting an increase in its full-year guidance. This successful quarter comes as Bristol Myers implements cost-cutting measures to streamline operations and invest in key drug brands
On Tuesday, the Federal Deposit Insurance Agency board is set to vote on a notice of proposed rulemaking at an open meeting regarding the Financial Data Transparency Act. This act, signed into law on Dec. 23, 2022, mandates that municipal securities disclosures be converted into a machine-readable format. The FDIC, along with six other federal
In a bold move, Charlie Visconsi and Ron Van Den Handel have departed from Preston Hollow Community Capital to establish V2 Municipal Capital, a firm dedicated to sourcing high-yield municipal deals in partnership with alternative asset manager Fundamental Advisors. This new venture marks a significant shift in the landscape of municipal finance, as Visconsi and