Investors own more than 131,000 homes in the Las Vegas Valley now. Las Vegas Review-journal | Tribune News Service | Getty Images Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of Realtors. That put them at a seasonally adjusted, annualized rate of 4.15 million units. Sales
“The whole goal of the bond fund was, ‘how can we further extend economic development,’ said Craig Teamer, director of finance and special projects for the Toledo-Lucas County Port Authority. ”If you’re looking to amplify some additional investment in economic development, a bond fund could be considered, and it’s also could be a revenue stream. There
Stay informed with free updates Simply sign up to the Sovereign bonds myFT Digest — delivered directly to your inbox. Investors poured record amounts into global bond funds this year as they bet on a shift towards easier monetary policy by major central banks. Bond funds attracted more than $600bn in inflows so far this
Palomar Health’s continuing financial woes caused Fitch to push its ratings further into junk territory.Palomar Health The ratings of troubled Palomar Health, an Escondido-based two-hospital system, took another hit this week, falling further down the Fitch Ratings junk scale as its financial situation worsened. In a Wednesday report, Fitch cited a “significant cyber event that
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. As I pack my bags after nine years in Berlin, I’m leaving a city that seems to be trapped in a narrative of its own decline. Veterans say it has jumped the shark. Flats
In this article RIOT Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | Lightrocket | Getty Images Company: Riot Platforms (RIOT) Business: Riot Platforms is a bitcoin mining and digital infrastructure company. It has bitcoin mining operations in central Texas and Kentucky, and electrical switchgear engineering and fabrication operations in Denver. It operates a bitcoin-driven
The Federal Reserve lowered its interest rate target three times in 2024. This has many Americans waiting for mortgage rates to fall. But that may not happen for some time. “I think the best case scenario is we’re going to continue to see mortgage rates hover around six and a half to 7%,” said Jordan
The Securities and Exchange Commission filed suit against Silver Point Capital in a federal court in Connecticut on Friday.Bloomberg News The U.S. Securities and Exchange Commission charged Silver Point Capital, L.P. with breaches of nonpublic information federal laws with regards to Puerto Rico bonds. The SEC filed its case in the U.S. District Court for
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<img src=”https://public.flourish.studio/visualisation/20893870/thumbnail” width=”100%” alt=”chart visualization” /> Municipals saw a stronger tone after U.S. Treasuries improved on a slightly lower-than-expected inflation print while equities made gains to close out a volatile week. “This month’s inflation print is quite benign, but does it even matter? The bottom-line is another one or two months of benign inflation prints will
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A car ploughed into a crowd of people at a Christmas market in the German city of Magdeburg on Friday evening, killing at least two and injuring dozens more in what local officials said they
In this article BRK.A VRSN SIRI OXY Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett poses with Martin, the Geico gecko, ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan | CNBC Warren Buffett went on bit of a shopping spree in the stock market before
In this article NDAQ Follow your favorite stocksCREATE FREE ACCOUNT Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE The S&P 500 and the Nasdaq-100 indexes get new members added and old ones kicked out on Friday in a quarterly rebalancing mostly based on companies’ adjusted market capitalization. Years ago, these
Homebuyers touring a house with a real estate agent. sturti | Getty The Federal Reserve on Wednesday cut interest rates for the third time in 2024. Despite the move, mortgage rates increased. The 30-year fixed rate mortgage spiked to 6.72% for the week ending Dec. 19, a day after the Fed meeting, according to Freddie
Texas Attorney General Ken Paxton addresses the Conservative Political Action Conference in February. The Republican on Friday lauded Wells Fargo’s move to leave the Net-Zero Banking Alliance, ending a review by his office that could have led to the bank being banned from underwriting state and local government bonds.Bloomberg News Texas Attorney General Ken Paxton
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Novo Nordisk, one of Europe’s largest companies, lost more than a quarter of its value on Friday after its latest obesity drug missed the drugmaker’s goal for an average of 25 per cent weight loss.
<img src=”https://public.flourish.studio/visualisation/20879380/thumbnail” width=”100%” alt=”chart visualization” /> Municipals sold off Thursday, playing catch up to the U.S. Treasury’s extended rout across most of the curve. Equities ended mixed as all markets further digested macroeconomic uncertainty and volatile policy swings coming out of Washington. Muni yields rose 12 to 19 basis points, depending on the scale, while
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Leading central banks have warned that inflation is proving stickier than expected and that they will only cut borrowing costs gradually in 2025, in a shift that hit bond markets on both sides
Financial planning. Budgeting. Expense tracking. Profit and loss analysis. Data analysis. Spreadsheet software. Productivity. Efficiency. Financial literacy. Personal finance. Business finance. Natalia Gdovskaia | Moment | Getty Images As Adinah Caro-Greene maps out her financial future, there’s a variable that may have held less weight for previous generations: her child. The employee benefits broker said
A television station broadcasts the Federal Reserve’s interest-rate cut on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Dec. 18, 2024. Michael Nagle | Bloomberg | Getty Images Wall Street’s fear gauge — the VIX — spiked by the second biggest percentage in its history on Wednesday, after