More outflows from muni mutual funds but market sees positive shift
The secondary market was active and trading showed strong prints across the curve, pushing triple-A yields lower following a stronger U.S. Treasury market. Triple-A...
Fitch upgrades Jefferson County, Alabama’s 2017, 2018 warrants
Correction Fitch upgraded Jefferson County Wednesday. The day was incorrect in the original version of this story. February 15, 2024 4:08 PM EST Correction...
Citi vet Brownstein tapped to advise Over Board on PREPA debt restructuring
The Puerto Rico Oversight Board has brought on David Brownstein, who spent more than three decades at Citi with a focus on derivatives, distressed...
IRS chief defends budget increase
The House Ways and Means Committee heard testimony from Internal Revenue Service Commissioner Daniel Werfel on Wednesday as he defended the $80 billion budget...
Gaza: Israeli special forces launch raid on largest functioning hospital
Israel says its special forces have raided the biggest functioning hospital in Gaza, with a number of suspects detained. The Israeli military said the...
Donald Trump’s trial date set as he faces charge over money paid to adult film star
A trial date has been set in Donald Trump’s hush-money case, which centres on the claim he paid off two women – including an...
Oil prices rise more than 1%, shaking off weak 2024 global demand forecast
The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, U.S., November 22, 2019. Angus Mordant...
‘The holy grail’: Startup backed by a Nobel laureate vying for a breakthrough on hydrogen storage
The construction site of a plant for the production of hydrogen in Germany. Picture Alliance | Picture Alliance | Getty Images A California-based startup...
Report: Genesis Global Cleared to Unload $1.3 Billion in GBTC Shares
Genesis Global Capital has received authorization to offload its stake in Grayscale’s Bitcoin Trust (GBTC), valued at approximately $1.3 billion. Genesis Global Permitted to...
Ford ‘better get going on EVs,’ or it will lose out to cheaper Chinese electric cars
Are cheaper Chinese EVs a “colossal strategic threat” poised to enter the US market? Marin Gjaja, chief operating officer for Ford’s EV unit, believes...