Covid lockdowns have hit China’s economy, and the Asian giant might have to issue more debt to continue meeting its growth target. Kevin Frayer | Getty Images News | Getty Images China may have to issue more debt as it tries to keep growing in the face of Covid lockdowns that are stunting its economy.
Illinois-based Advocate Aurora Health and North Carolina-based Atrium Health plan to merge, which would create the fifth largest not-for-profit health system by revenues nationally. The hospital chains would create a joint operating system under the name Advocate Health that would operate 67 hospitals across Illinois, Wisconsin, North Carolina, South Carolina, Georgia and Alabama with combined
Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
S&P Global Ratings lifted the Illinois Sports Facilities Authority out from junk territory, upgrading the authority to BBB-minus from BB-plus. The hotel taxes that repay its Soldier Field bonds are on the mend and the agency is no longer putting efforts to spare Chicago’s city government from covering gaps between its tax revenue and debt
The EU has vowed to retaliate if the UK rips up a post-Brexit trade deal for Northern Ireland after London’s threat of unilateral action triggered alarm in Brussels and Washington. Joe Biden appealed to the UK to show “courage, co-operation and leadership” to settle a simmering dispute that could plunge London and Brussels into a
In this article GBTC Michael Sonnenshein, CEO, Grayscale Investments at the NYSE, April 18, 2022. Source: NYSE Grayscale, the asset manager running the world’s largest bitcoin fund, met privately with the Securities and Exchange Commission last week in an effort to persuade the regulator to approve the conversion of its flagship fund into an ETF,
In this article RIVN BYND BMBL DIS Close-up detail of the Disney+ app icon on an Apple iPhone 12 Pro smartphone screen. Phil Barker | Future Publishing | Getty Images Check out the companies making headlines in extended trading. Walt Disney — Disney shares rose about 1% in extended trading after the company reported stronger-than-expected
Topline The Trump Organization finalized a $375 million deal Wednesday to sell its lease of the Trump International Hotel in Washington, D.C., according to multiple reports, after the building served as a destination for both Trump supporters and anti-Trump protesters—and netted the former president millions of dollars in revenue from visiting officials, Democrats claim. Key
In this article CWK The entrance to Trump Tower on 5th Avenue is pictured in the Manhattan borough of New York City, May 19, 2021. Shannon Stapleton | Reuters Commercial real-estate services giant Cushman & Wakefield on Wednesday appealed a judge’s order that it comply with subpoenas issued by the New York attorney general’s office
Despite steadily declining prices of Bitcoin and turmoil on the markets today, some of the largest mining companies are unfazed and insist their operations will not be affected by negative price volatility. Some even see it as an opportunity to gain market share as smaller competitors collapse. Bitcoin (BTC) prices have been on a steady
The Puerto Rico Aqueduct and Sewer Authority pulled in 4.5% more revenues in the first half of its fiscal year compared to its projections while expenditures also increased. PRASA’s larger-than-expected revenues were $24.2 million higher than the projection for July 1, 2021, to Dec. 31, 2021, the first half of its fiscal 2022 year, while
zacks.com zacks.com/ultimate
Municipal triple-A yield curves were steady Tuesday while the focus was on the primary, which kicked into gear with several large new issues out of New York, Oregon and Wisconsin pricing. U.S. Treasuries ended a bit better while munis were little changed on the day and the moves pushed muni to UST ratios higher. Ratios
The VeChain Foundation has released its financial report for Q1 2022 showing that the project amassed an impressive $1.2 billion war chest but only spent about $4.1 million in the quarter. VeChain (VET) is a blockchain project designed to enhance supply chain management.. The Foundation’s May 10 financial report for Q1 2022 outlines its balance
Elon Musk has said he would reverse Donald Trump’s ban from Twitter, accusing the social media company of leftwing bias that had aggravated political divisions in the US. “I think it was a morally bad decision, and foolish in the extreme,” Musk said of the lifetime ban of Trump, which was imposed soon after a
In this article SOFI Pedestrians walk by the SoFi Technologies headquarters on February 22, 2022 in San Francisco, California. Justin Sullivan | Getty Images Shares of SoFi fell sharply on Tuesday and were halted after the company accidentally released its first-quarter results early. The company said the report, which was scheduled for after market close
Shoppers inside a grocery store in San Francisco, California, U.S., on Monday, May 2, 2022. David Paul Morris | Bloomberg | Getty Images April’s consumer price index report is expected to show inflation has already reached a peak — a development that some investors say could temporarily soothe markets. But economists say, even with a
Ethereum’s native token Ether (ETH) has grown stronger against its rival for the top position — Bitcoin (BTC) — despite an ongoing crypto market rout. But can the ETH/BTC pair continue to rally in the coming months? Let’s look at the charts. Ethereum pares YTD losses vs. Bitcoin ETH/BTC gained 5.5% between the May 9 low
Brazey-en-Plaine is a village in eastern France’s Côte-d’Or department in the Bourgone-Franche-Comte region. Côte-d’Or takes its name from the escarpment that is the site of the famed Burgundy vineyards; hence, it is called as the “golden slope.” Besides a reputation as a wine-growing region, the area is known for its grains and potatoes, sheep and
A home is offered for sale in Chicago, Illinois. Scott Olson | Getty Images One of the leanest housing markets in history might be putting on some fat. The supply of homes for sale could increase in the next few weeks, according to new data from Realtor.com. In April, inventory was 12% lower than in