When Mario Gabelli—the seasoned investor and CEO of Gamco Investors—urges listeners to buy shares of the Atlanta Braves, he’s not just suggesting a casual investment in a sports team. On CNBC’s “Power Lunch,” Gabelli made a provocative statement, suggesting that purchasing even a single share could be a more impactful gift than a traditional Easter
The current state of the municipal bond market illustrates a precarious conundrum that many investors seem to misunderstand. On the surface, the municipal market showed slight resilience with a reported $19 million inflow from the Investment Company Institute (ICI) amid outsized prior weeks of $376 million. However, this dichotomy underscores deeper vulnerabilities that cannot be
Recent moves by the Trump administration to slash funding from the National Institutes of Health (NIH) have sent shockwaves through the scientific community and rippled out to the broader marketplace. Capping indirect costs at 15%—well below industry standards—poses a significant financial threat not just to research institutions but to life sciences companies tied closely to
In an era where health has become a buzzword, Stephen Curry and Michelle Obama’s launch of Plezi Hydration stands out as a breath of fresh air. The sports drink market has been long dominated by sugary, artificially flavored drinks—Gatorade and Powerade being the titans of this industry. With growing public consciousness around nutrition and wellness,
Recent developments in the legal disputes between the American Securities Association (ASA) and the Securities and Exchange Commission (SEC) have exposed not only the intricate nature of financial regulation but also significant flaws entrenched within the municipal securities landscape. The ASA has called for the dismissal of a SEC order, contesting the constitutionality of the
Bill Pulte, the newly appointed director of the Federal Housing Finance Agency (FHFA), has sent ripples through the housing finance sector following his declaration of intent not to decrease the conforming loan limit for Fannie Mae and Freddie Mac. Currently pegged at an impressive $806,500, this limit has seen an increase of $39,950, or 5.2%,
The recent announcement from North Carolina State Treasurer Brad Briner regarding Jeff Poley’s appointment as the interim director of the State and Local Government Finance Division raises essential questions about the leadership dynamics shaping our state’s financial future. With Briner actively searching for a permanent candidate, the urgency for robust leadership in local finance has
For the first time, America’s infrastructure has garnered a hopeful GPA of C, which might seem like a minor achievement in the broader scope of education, but it reflects a significant turnaround in a country that has long placed its infrastructure on the back burner. Darren Olson, the chair of the American Society of Civil
Hyundai Motors has positioned itself on the frontline of a significant shift in global trade dynamics with its impressive $20 billion investment in U.S. onshoring. This strategic maneuver, highlighted by the unveiling of a $5 billion steel plant in Louisiana that is set to create around 1,500 jobs, represents more than just corporate expansion—it signifies
Boeing’s recent performance has created a whirlwind of sentiment in the investment community. While a surge of 10% last week and gains stemming from a substantial fighter jet contract should normally signal a bullish outlook, Oppenheimer’s Ari Wald urges investors to apply the brakes. His skepticism is crucial given Boeing’s complex history, and it serves