As a pivotal moment for municipal bond advocates unfolds in Washington, D.C., the opportunity for urban and state officials to engage with lawmakers is crucial. Local leaders must not underestimate the potential impact of private activity bonds (PABs). The congressional corridors are alive with discussions as the House Ways and Means and Senate Finance Committees
Boeing, a titan in the aerospace industry, is cautiously navigating through the wreckage of multiple crises, and recent announcements from the company’s finance chief, Brian West, signal a potential turnaround. After enduring a staggering cash outflow of approximately $14 billion last year—culminating with a $4 billion dip in the last quarter—Boeing appears to be gaining
In an era marked by unpredictable market shifts and increasing economic complexities, the traditional 60/40 portfolio—typically consisting of 60% stocks and 40% bonds—is being challenged more than ever. Once viewed as a steadfast strategy, this allocation’s potential is now in the crosshairs of financial experts like Jim Caron, Chief Investment Officer at Morgan Stanley’s investment
The Federal Reserve’s recent decision to maintain interest rates is anything but a neutral act; it is inherently political and economic activism that directly reflects the turbulent economic landscape shaped by President Donald Trump’s ongoing tariff policies. By avoiding any alterations to rates, the Fed finds itself in a precarious position where its decisions are
The NBA is on the verge of a significant revival: the return of “NBA Inside Stuff.” This iconic show, which was a staple of basketball culture from the 1990s through the early 2000s, is being revisited with the kind of nostalgia that could reignite interest in basketball programming. But why does this matter now more
As the initial excitement from the Biden administration’s infrastructure funding begins to dissipate, transit authorities are facing alarming bureaucratic realities that are not only complicating operations but also threatening essential services. The letters from U.S. Department of Transportation Secretary Sean Duffy signify the start of an unsettling era where public safety and fiscal responsibility are
The financial markets are no stranger to volatility. After experiencing its first significant correction since the previous summer, the S&P 500 and other indices have been dragged into a storm of uncertainty, leaving many investors scrambling for stability. Within this chaotic environment, stocks that exhibit resilience and potential breakouts deserve a closer analysis. CBOE Holdings,
Last week’s startling dip in mortgage applications by 6.2% has sent tremors through the housing market, signaling worries that extend beyond mere numbers. As interest rates creep upward and economic uncertainty looms larger, it’s clear that this decline in demand may represent a harbinger of deeper financial woes. An uptick in the average interest rate
The recent $735 million bond deal orchestrated by the University of Pittsburgh Medical Center (UPMC) has raised eyebrows across the financial and healthcare sectors alike. While UPMC has touted this endeavor as a strategic maneuver to rejuvenate its financial health, it encapsulates a deeper malaise within the healthcare industry that remains unaddressed. There’s a swirl
Utah’s recent legislative session has unfolded a tapestry of fiscal developments, with Governor Spencer Cox at the helm, navigating through an ambitious $30.8 billion budget for fiscal year 2026 and a slew of bills designed to boost infrastructure and ignite economic growth. As someone who tends to lean towards center-right liberalism, I find myself cautiously