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Topline The housing market has taken off this year as home prices continue to surge amid high inflation and ongoing supply chain issues, but some experts say prices could soon level out as mortgage rates rise and demand drops. Key Facts With the Federal Reserve gearing up to reduce its portfolio of roughly $5 trillion
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Donald Trump, president and chief executive of Trump Organization Inc. and 2016 Republican presidential candidate, left, awards a $100,000 check to a veterans charity during a campaign event at the Orpheum Theater in Sioux City, Iowa, U.S., on Sunday, Jan. 31, 2016. Luke Sharrett | Bloomberg | Getty Images The check is due now, Mr.
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Illinois Gov. J.B. Pritzker signed legislation that gives the Metropolitan Water Reclamation District of Greater Chicago $600 million in pension obligation bonding authority at it looks to reach a funded goal of 65% by the end of 2026. The special-purpose district responsible for treating wastewater and providing stormwater management for Chicago and 128 suburbs closed
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Municipals were steady to firmer in spots Monday but underperformed U.S. Treasuries that saw yields fall further while equities ended in the black led by tech stocks. Triple-A yield curves saw one to two basis point bumps while UST ended the session four to nine better after falling double-digits earlier in the day. Muni-UST ratios
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Pankaj Nangia | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Cadence Design Systems – Shares of computer software company gained 5% after hours following the company’s quarterly earnings reports. Earnings and revenue for the first quarter both came in above consensus forecasts, according to FactSet. The company also issued
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Twitter’s board has accepted a roughly $44bn offer to sell the company to Elon Musk, handing control of the influential social media platform to the world’s richest man. Announcing the deal, Musk said “free speech is the bedrock of a functioning democracy” and described the social media platform as “the digital town square where matters
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Anti-Trump demonstrators gather outside of the New York County Supreme Court in New York City, U.S., April 25, 2022.  David Dee Delgado | Reuters A New York judge Monday ordered commercial real-estate services giant Cushman & Wakefield to comply with subpoenas about its appraisals of several Trump Organization properties that are being eyed in a
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Fitch Ratings and S&P Global Ratings both downgraded not-for-profit-hospital chain Providence this week, following a Moody’s Investors Service cut earlier in April. For its downgrade to A-plus from AA-minus Wednesday, Fitch analysts said the action “predominately reflects Providence’s operational trajectory, and to a lesser extent, the separation of Hoag Memorial Hospital Presbyterian from the Obligated
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We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Lili Zhao, director of ecosystem growth at Neo — an open-source blockchain development platform. The A to Z of
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