Advocates for affordable housing are intensifying their efforts to push Congress’s House Committee on Ways and Means to advance essential legislation. Key measures being advocated include an expansion of Private Activity Bonds (PABs) aimed at bolstering initiatives focused on affordable housing. Colorado’s Emily Cadik, the CEO of the Affordable Housing Tax Credit Coalition (AHTC), recently
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The U.S. dollar has recently experienced fluctuations that reflect broader market uncertainties and economic indicators in the nation. As reported early Tuesday, the Dollar Index, which gauges the currency against six others, remained relatively stable at 102.915. While this figure is notably lower than its two-month high reached in the previous trading session, its positioning
On a pivotal day for United Airlines, the company announced an ambitious $1.5 billion share buyback initiative alongside the release of robust earnings figures for the summer travel season. This announcement comes in the wake of strong demand for air travel, which exceeded industry expectations. Forecasting an adjusted earnings per share (EPS) of $2.50 to
In recent days, Bitcoin has made headlines with a significant price surge that highlights not just its volatility but also the compelling nature of cryptocurrency investments. As Bitcoin, the flagbearer of the crypto realm, climbed to approximately $66,883—a 1.57% increase within 24 hours—it attracted the attention of various analysts, including prominent figure Michaël van de
In a significant move aimed at enhancing transparency and comparability, S&P Global Ratings has recently placed over 400 state and local government issuers under criteria observation as part of its newly updated U.S. government rating methodology. This methodological update, implemented earlier this month, signifies a crucial shift that not only aligns the agency’s approach with
The current economic landscape, shaped by the Federal Reserve’s aggressive stance on interest rates, presents both challenges and opportunities for investors. As the Fed moves into a rate-cutting cycle, the yield landscape for traditional cash-equivalents like money market funds has shifted significantly. Understanding this environment is crucial for those looking to manage their idle cash
Purchasing a home is a monumental decision that shapes not only where you live but also your financial horizon. Given the significant financial implications and commitment that homeownership entails, prospective buyers must approach the process with careful planning and foresight. Various experts, including those highlighted in CNBC’s 2024 Financial Advisor 100 List, provide invaluable insights
A recent ruling by a Utah judge has sparked discussions about the future of educational funding in the state. The decision voided Amendment A, a proposed constitutional amendment that was set to appear on the November 5 ballot. This amendment aimed to amend funding allocations, potentially diverting income tax revenues that are constitutionally reserved for
Boeing has recently found itself engulfed in turmoil as over 30,000 machinists initiated a strike, making headlines and complicating the airline manufacturer’s already challenging landscape. This labor disruption is the latest episode in a series of crises that started with the infamous 737 Max incidents, which thrust Boeing onto a global stage of scrutiny. The
The financial world is buzzing as companies prepare to release their third-quarter earnings this week, signaling a critical period for investors and analysts alike. This time of year historically showcases significant fluctuations in stock prices, often fueled by the insights companies reveal about their performance. Despite a slow start due to various businesses closing in