Puerto Rico bankruptcy Judge Laura Taylor Swain approved qualifying modifications to Puerto Rico Infrastructure and Finance Authority and Convention Center District Authority debt that included deep cuts to outstanding bonds. Swain issued her orders and findings of fact and conclusions of law on Thursday, affecting $1.9 billion of PRIFA bonds and $384 million of CCDA
admin
The kitchen might be the heart of the home, but the bedroom is where we probably spend the most time, hopefully at least eight hours a day. While so much emphasis has been placed on home offices and outdoor space due to the pandemic, it might be surprising that a major bedroom refresh would probably
The past year may have been a wild ride for potential homebuyers, but reports indicate that the housing market in 2022 could be even more competitive. New listings are currently at a record low, according to Redfin and Zillow. In fact, at the end of 2021, there were 19.5% fewer homes listed than at the
The University of Michigan’s healthy balance sheet puts it in a strong fiscal position to manage the cost of a $490 million legal settlement for abuse allegations against a former sports doctor, but it’s too early to assess whether its top ratings will escape future fallout. Rating agency analysts will have their eye on more
In this article MSTR MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. Joe Raedle | Getty Images Shares of MicroStrategy tumbled 17.8% Friday afternoon after the U.S. Securities and Exchange Commission reportedly rejected the company’s
Traders on the floor at the NYSE, Jan. 13, 2022. Source: NYSE Market turbulence is likely to continue in the week ahead as the Federal Reserve meets and the biggest of big tech —Apple and Microsoft — report earnings. Stocks on Friday were closing out their worst week in months, with big losses in technology
The White House is urging cities and towns to set up infrastructure coordinators to take advantage of the Infrastructure Investment and Jobs Act. White House Infrastructure Coordinator Mitch Landrieu, speaking Friday at the U.S. Conference of Mayors’ winter meeting, said local officials should appoint advisors and task forces to coordinate with state and federal agencies
Pioneer Woman Ree Drummond is a multi-faceted talent known not just for her hit Food Network television show, but also for her magazine and cookware collection with Walmart. While fans of hers have welcomed Drummond’s signature bright floral patterned products into their kitchens since 2015, they can now incorporate the same look into other rooms
In this article BKI jayk7 | Moment | Getty Images The number of borrowers who could benefit from a mortgage refinance just dropped dramatically thanks to fast-rising interest rates. The average rate on the 30-year fixed loan has jumped more than 50 basis points since the start of this year, cutting the number of refinance
Former Boston ICU nurse Allie Rae made international news in August last year after she was fired for running an extremely naughty Only Fans account on the side. The story appeared everywhere from the NY Post, to CNN, The Daily Beast — and she even made an appearance on Dr Phil. The resulting publicity saw
Bitcoin (BTC) may have tanked to six-month lows this week, but under the hood, the network is now verifiably stronger than ever. Data from on-chain monitoring resources including Glassnode and BTC.com confirms that as of Friday, the Bitcoin network difficulty is at a new all-time high. Difficulty passes 26 trillion for the first time The
Bitcoin (BTC) stayed lower on Friday after an overnight bout of volatility sent the largest cryptocurrency to six-month lows. $40,000 optimism unwinds Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reversing at $38,250 after shedding over $4,000 in hours. Circling $39,000 at the time of writing, traders were reeling from the sudden downside, which came
WASHINGTON — The Federal Reserve released a long-awaited report examining the potential ramifications of issuing a digital version of the U.S. dollar, saying it would not create one without a clear directive from elected officials. The 40-page report, released Thursday, coincides with a request for feedback from the Fed on the impact of a hypothetical
Applied Optoelectronics and Jabil Circuit are both highlighted. Applied Optoelectronics: https://www.zacks.com/stock/quote/AAOI?cid=CS-YOUTUBE-FT-VID Jabil Circuit: https://www.zacks.com/stock/quote/JBL?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
Spencer Platt | Getty Images IPO investors in a record-breaking issuance rush in 2021 have so far been disappointed by dismal returns, and the outlook for the once-booming market is only getting worse with rising rates and insider selling on the horizon. Last year, the number of U.S. traditional IPOs climbed to the highest levels
In this article CSX NFLX ISRG PPG In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in after-hours trading: Netflix — Netflix shares dropped 19% in extended trading after the company’s
President Biden’s intentions to split up his Build Back Better bill after Sen. Joe Manchin ended its hopes of passing last month offers public finance advocates new hope for the inclusion of advance refunding, a bank-qualified expansion and a direct-pay bond program in the resulting legislation. In a press conference Wednesday, Biden said he now
Knock, a digital homeownership platform, today released its ranking of the best housing markets by generation in 2022. Austin, Texas, ranks No. 1 for Millennials, while Miami is the best market for Gen X, and Pittsburgh tops the list for Baby Boomers. Austin and Knoxville, Tennessee, are the only metros to make two lists. Sean
A “Sold” sign stands outside a home following a snow fall in Geneseo, Illinois. Daniel Acker | Bloomberg | Getty Images Closed sales of previously owned homes in December fell 4.6% to a seasonally adjusted, annualized rate of 6.18 million units, according to the National Association of Realtors. Sales were down 7.1% year-over-year. Still, December
The EU should prohibit proof-of-work crypto mining, an executive at the European securities watchdog has insisted. Coins relying on the energy-intensive method of minting pose a risk to efforts aimed at meeting climate change goals such as those set in the Paris Agreement, the regulator says. Bitcoin Mining Now Attacked in EU for Burning Too