Parties in a bankruptcy case involving a bond-financed Arizona participant sports venue objected to a motion to either appoint an independent Chapter 11 trustee or dismiss the case, arguing either move would be detrimental or premature. Legacy Cares, the venue’s owner, which filed for bankruptcy May 1 in Arizona federal court, along with bond trustee
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The Marriner S. Eccles Federal Reserve building in Washington. Stefani Reynolds/Bloomberg via Getty Images After a pause last month, experts predict the Federal Reserve likely will raise rates by a quarter of a point at the conclusion of its meeting next week. Fed officials have pledged not to be complacent about the rising cost of
State departments of transportation are breathing a sigh of relief after the Federal Highway Administration resolved the bulk of a nearly 20-year-old accounting glitch that threatened $3.5 billion of infrastructure funds. The resolution of $2.5 billion of the $3.5 billion discrepancy between two accounting systems used by the federal government frees up the money for
The message of Thursday’s three UK by-elections was muddied somewhat by the Conservatives’ success in clinging on to the seat Boris Johnson vacated in outer London. But it was clear enough: this was a disastrous night for the Tories. Striking swings to Labour and the Liberal Democrats in northern and south-west England respectively confirm that
In this article ARKK ARKF ZM ROKU TSLA 2423-HK COIN 9618-HK PDD 700-HK Follow your favorite stocksCREATE FREE ACCOUNT Cathie Wood, CEO, Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange, Feb. 27, 2023. Brendan McDermid | Reuters Ark Invest’s Cathie Wood said her flagship innovation fund
New Jersey sued the federal government to block a plan to charge drivers entering midtown Manhattan, claiming the green light the US gave New York’s congestion pricing proposal was ill-considered and missed numerous risks to Garden State residents. The challenge came Friday morning in a federal lawsuit the state filed against the US Department of Transportation and
BondWave LLC’s portfolio analytics suite, Effi, has introduced a new feature, Rules, where users can filter attributes of bonds in their portfolios. Michael Ruvo, BondWave’s CEO, described Rules as an “overlay” to each portfolio, where users can apply criteria including 20 different portfolio constraints and almost 20 different objectives. Through Rules, users can filter for
The House overwhelmingly passed a bill reauthorizing the Federal Aviation Administration for the next five years and granting $4 billion per fiscal year to the Airport Improvement Project. The bill, the Securing Growth and Robust Leadership in American Aviation Act, was passed in a 351-69 bipartisan vote, and will now move on to the Senate
Minecraft gets the Bitcoin treatment It seems like Minecraft has been around since the invention of computers, and there is a reason for that. Along with its official free updates, which provide extra content, the Minecraft ecosystem has an incredibly active community, helping it stay up to date. Thanks to the game’s open-ended gameplay, there
Rishi Sunak’s Conservatives have narrowly held on to the Uxbridge and South Ruislip seat in an unexpected UK parliamentary by-election result but were poised to lose two other seats in a night of political drama. Sunak’s ruling party retained the London seat vacated by former premier Boris Johnson by fewer than 500 votes, but the
Crime in Web3 is shifting away from Bitcoin (BTC) to stablecoins while ponzi schemes remain prevalent, according to Elliptic’s former head of technical crypto advisory. Tara Annison shared the latest insights from the murky world of cryptocurrency-related crime during a presentation on the final day of EthCC in Paris, addressing a wide variety of ways in
This is how you use Bollinger bands when it comes to trading options. Also, you’re going to learn how Bollinger bands can help you to set up a trade. #bollingerbands #optionstraders #setatrade #tradingoptions #tradingstrategy #stocktrading Posted at: https://tradersfly.com/blog/how-bollinger-bands-can-help-options-traders-set-up-a-trade 💌 Newsletter & Announcements : https://tradersfly.com/go/tube/ 🎁 Discord Group: https://tradersfly.com/go/discord/ 🔥 Freebies: https://tradersfly.com/go/freebies/ 👀 Start Here: https://tradersfly.com/go/start/
Tracey Ryniec and David Bartosiak, Stock Strategists at Zacks Investment Research, discuss oil giant BP (BP). It recently announced another 4,000 job cuts in addition to the 4,000 cuts it did in 2015. BP: http://www.zacks.com/stock/quote/BP?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter: https://twitter.com/ZacksResearch Like us on Facebook: https://www.facebook.com/ZacksInvestmentResearch
In this article ISRG KNX COF PPG CSX Follow your favorite stocksCREATE FREE ACCOUNT A CSX freight train is seen in Orlando. Paul Hennessy | Lightrocket | Getty Images Check out the companies making headlines in after-hour trading. CSX — The transportation company dropped 5% after missing Wall Street expectations for revenue in the second
At this point, the U.S. housing crisis is well documented. The nation is short some 6.5 million homes, and developers can’t seem to build fast enough to meet the demand. Experts expected rising interest rates to exacerbate the housing shortage by stalling development activity and further throwing off the housing supply-demand pendulum—but in May, there
New Jersey Transit’s newly passed fiscal 2024 budget includes no new fare hikes and increased spending year-over-year, in the face of a looming fiscal cliff. NJ Transit’s board passed a $2.86 billion operating budget on Wednesday that’s 4.1% bigger than fiscal 2023’s, with 60% of costs associated with labor and fringe benefits and 31% linked
The Sacramento County Department of Airports launched efforts to completely reimagine the airport earlier this year — and is now working out the details on how it will finance the project. To limit the amount of debt the airport would need to issue through long-term revenue bonds, airport leaders are working creatively to construct a
The UK’s largest asset manager has been buying bonds and selling equities in preparation for a “significant” economic downturn, warning that the Bank of England will be forced to tip the economy into a recession despite signs of cooling inflation. Sonja Laud, chief investment officer at Legal & General Investment Management, which manages £1.3tn of
Private apartments are seen against the backdrop of the Marina Bay Sands hotel and the Singapore Flyer observatory wheel in Singapore on March 23, 2022. Roslan Rahman | AFP | Getty Images Rents in prime residential areas increased the most in Singapore, Lisbon and Berlin in the first half of the year, according to a
The state of Kuwait is the latest jurisdiction to ban virtually all operations involving cryptocurrencies like Bitcoin (BTC). On July 18, Kuwait’s main financial regulator, the Capital Markets Authority (CMA), issued a circular on supervision and issuance of virtual assets in the country. In the circular, the CMA confirmed the commitment to “absolute prohibition” on
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