The fate of a planned 16-million-square-foot Georgia factory for electric vehicle manufacturer Rivian is in question after a judge denied validation of $15 billion in PILOT bonds planned to back its construction. The Georgia Economic Development Commission, along with the Joint Development Authority for Jasper, Morgan, Newton, and Walton counties and Rivian, negotiated an agreement
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Saudi Arabia and Russia have led the Opec+ cartel in a deal to make deep oil production cuts to raise prices, risking a backlash from the US and European countries already battling surging energy inflation. The Opec+ group will cut 2mn barrels a day, equivalent to 2 per cent of global supply, it said, following
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Municipal yields fell Tuesday by as much as 10 basis points out long while U.S. Treasuries were little changed and equities rallied. Triple-A yields fell four to 10 basis points across the curve amid robust secondary trading with high-grade names showing clear moves to lower yields. New York City priced $1.35 billion of exempt and
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The Municipal Securities Rulemaking Board’s $45.5 million budget for FY 2023, its first balanced budget in many years, includes $22.8 million for market transparency and technology, $5 million for market structure and data and $4.3 million for market regulation following the board’s implementation of its new fee model. The board had been operating at a
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Ganesh Swami, CEO of blockchain data aggregator Covalent says there continues to be an “intense demand” for on-chain data analysts, that is yet to be satisfied.  Speaking to Cointelegraph, Swami said that analysts are in “intense demand” as there’s a “real need” for data experts to “make sense” of on-chain data, explaining: “There is an
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