Ninety percent of counties across the U.S. have experienced a flood, wildfire, hurricane or other federally declared climate disaster between 2011 and 2021, according to a report published Wednesday that calls for urgent investment in climate adaptation and hazard mitigation. During that same period, 29 states on average endured at least one federally declared disaster, according
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Municipals rallied across the yield curve Wednesday, outperforming U.S. Treasuries and seeing the greatest gains out long after stronger retail sales data signaled the Fed’s tightening is not yet over, pushing equities into the red. Retail sales increased 1.3% in October, slightly above the consensus forecast of 1.0% and a significant improvement from the flat
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The UK’s rate of inflation hit a fresh 41-year high in October, accelerating to 11.1 per cent on the back of rising energy and food prices. The Office for National Statistics said the rate rose from 10.1 per cent in September, putting inflation at its highest level since October 1981. Economists polled by Reuters had
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The crypto market is up today and Bitcoin (BTC) price jumped up 3.1% on Nov. 15 reaching $17,171, as confidence briefly returns to the global macro outlook with a lower-than-expected producer price index (PPI) print and a cooling U.S. dollar. Crypto and equities markets responded to PPI data which showed wholesale prices rose 0.2% for
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U.S. Congressman Brad Sherman has called on the Securities and Exchange Commission (SEC) to “take decisive action to put an end to the regulatory gray area in which the crypto industry has operated.” He added that he plans to work with his colleagues in Congress in the coming weeks “to examine options for federal legislation.”
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The collapse of cryptocurrency exchange FTX has put industry peers under the microscope with calls for transparent accounts of token holdings and assets under management. Major cryptocurrency exchanges like Binance, Huobi, OKX and Crypto.com have made efforts to share details of their assets and portfolios to assuage the wider space. This comes after investor confidence
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The District of Columbia’s first public private-public partnership was filled with challenges, but demonstrated how outside-the-box thinking can help issuers overcome obstacles to achieve their infrastructure goals. A panel discussion detailing the financing behind the ambitious plan occurred at the Bond Buyer Infrastructure Conference in Washington D.C. Monday. The D.C. Smart Street Lighting Project calls
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The collapse of Sam Bankman-Fried’s crypto empire has sparked a vast global investigation, with dozens of authorities circling the company as lawyers warn there could be 1mn creditors in its bankruptcy proceeding. FTX said in court filings it was in contact with US federal prosecutors, the Securities and Exchange Commission, the Commodity Futures Trading Commission
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In this article JEF LPX PARA 2330-TW Follow your favorite stocksCREATE FREE ACCOUNT The entrance of Paramount Studios is seen at Paramount Studios in Hollywood, California. Mark Davis | Getty Images Check out the companies making headlines in after-hours trading. Taiwan Semiconductor Manufacturing — Shares of Taiwan Semiconductor jumped 6.4% after Warren Buffett’s Berkshire Hathaway
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Post Ethereum merge, layer-2 blockchains have been catching the eyes of users and investors alike. Research firm Delphi Digital has been tracking Arbitrum since August and recently shared its analysis in a monthly market report. According to data, user behavior and historical analysis show multiple trends of rapid growth in transactions, total value locked and
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The public entrance to Trump Tower on Fifth Avenue in New York. Robert Alexander | Archive Photos | Getty Images A New York court Monday appointed retired Judge Barbara Jones to oversee some of the Trump Organization’s financial statements as part of a lawsuit alleging widespread fraud by former President Donald Trump, his businesses and
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