A rendering of Brightline West, the Las Vegas-Los Angeles electric bullet train that came to market this week with $2.5 billion of unrated private activity bonds.Brightline West Brightline West, the Las Vegas-Los Angeles bullet train, hit the market Thursday with $2.5 billion of unrated private activity bonds that sported nearly double-digit yields in what’s likely to
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Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogen | CNBC The mystery over Warren Buffett’s surprisingly defensive stance deepened over the weekend. The 94-year-old CEO of Berkshire Hathaway sold more stocks in the latest quarter and grew
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Collapsed Interstate 40 in western North Carolina after Hurricane Helene. Gov. Josh Stein is seeking an additional $19 billion in federal aid.North Carolina Department of Transportation Reports that President Donald Trump plans to cut 84% of the staff from one of the two major federal programs providing natural disaster aid concern analysts. Previously, Trump suggested
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<img src=”https://public.flourish.studio/visualisation/21753829/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were firmer Friday ahead of a larger new-issue calendar as U.S. Treasury yields fell and equities were down. Muni yields were bumped up to four basis points, depending on the curve, while UST yields fell eight to nine basis points across the curve. Market activity has been somewhat
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“I hope the House can pass one big bill that meets President Trump’s priorities,” said Senate Budget Committee Chair Lindsey Graham, D-S.C. ”This approach provides money that we needed yesterday to continue the momentum on securing our border, enforcing our immigration laws, and rebuilding our military. Time is of the essence.”Brett Flashnick The U.S. Senate emerged
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<img src=”https://public.flourish.studio/visualisation/21736765/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady to slightly firmer Thursday as the $2.5 billion Brightline West Passenger Rail Project deal priced amid a quieter new-issue market. U.S. Treasury yields fell slightly and equities were down. The two-year municipal to UST ratio Thursday was at 62%, the five-year at 63%, the 10-year at
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In this article BABA Follow your favorite stocksCREATE FREE ACCOUNT GameStop Chairman Ryan Cohen. CNBC GameStop CEO and billionaire investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba to roughly 7 million shares worth about $1 billion, The Wall Street Journal reported Thursday. Citing people familiar with the matter, the Journal
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&amp;lt;img src=”https://public.flourish.studio/visualisation/21715678/thumbnail” width=”100%” alt=”chart visualization” /&amp;gt; Municipals were little changed Wednesday as U.S. Treasuries were firmer and equities ended mixed. The two-year municipal to UST ratio Wednesday was at 63%, the five-year at 63%, the 10-year at 66% and the 30-year at 84%, according to Municipal Market Data’s 3 p.m. EST read. ICE Data Services
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The Texas State Capitol. The state education agency replaced the board and superintendent of the South San ntonio Independent School District. Bloomberg News The Texas Education Agency replaced the entire leadership of the South San Antonio Independent School District. The move announced on Wednesday comes after nearly two decades of dysfunction “resulting in diminished student
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&lt;img src=”https://public.flourish.studio/visualisation/21697965/thumbnail” width=”100%” alt=”chart visualization” /&gt; The municipal bond market was narrowly mixed ahead of smaller supply slate, while Treasury yields rose and equity prices were marginally lower on the day. The day’s moves led municipal to UST ratios to fall slightly. The two-year municipal to UST ratio Tuesday was at 62%, the five-year at
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A view of the turbines at Orsted’s offshore wind farm near Nysted, Denmark, September 4, 2023.  Tom Little | Reuters President Donald Trump promised to unleash U.S. energy dominance, but his sweeping executive order targeting wind power puts a pipeline of projects at risk that would generate enough electricity for millions of American homes. The
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