Robust weekly issuance has become the norm over the past several months, as pent-up capital needs, dwindling federal aid and front-loaded issuance have prompted state and local governments to come to market in earnest. The pace of issuance is not letting up, leading some strategists to revise their 2024 volume forecasts higher again. HilltopSecurities recently
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In this article ORCL Follow your favorite stocksCREATE FREE ACCOUNT A view of Oracle’s headquarters in Redwood Shores, California, on Sept. 11, 2023. Justin Sullivan | Getty Images Oracle chairman and co-founder Larry Ellison had a “bizarre” announcement to make this week. The electricity demand from artificial intelligence is becoming so “crazy” that Oracle is
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Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. “Middle-income countries are home to three out of every four people — and nearly two-thirds of those who struggle in extreme poverty. They are responsible for 40 per cent of the world’s total economic output
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Don Rice, the chairman and CEO of Rice Financial Products Co., originally saw his future heading into a career in engineering before he changed course and started his own derivatives boutique in the early 1990s.  “It’s not nearly as significant a change as one might think,” Rice said. “Engineering is a quantitative business. For the
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Efforts by Muni Pride to align with other public finance affinity groups are reaping dividends for the group, which has grown to more than 100 individuals since its inception in 2019. The California-based national LGBTQ+ networking group will host its next event Oct. 1 in New York City. Connecticut State Treasurer Erick Russell will offer
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For months, economists have wrestled with the disconnect between how well the economy is doing and how badly people feel about their financial standing. Now, evidence suggests that the so-called “vibecession,” or that prolonged period of negative sentiment about the economy, appears to be ending, according to Michael Pearce, deputy chief U.S. economist at Oxford Economics.  As inflation cools
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The District of Columbia is kicking off this fall’s deal closing season with a negotiated $1.6 billion issuance of tax-exempt general obligation bonds expected to generate a lot of demand and also includes a tranche refunding outstanding Build America Bonds. “I would view this as a potential core holding for almost any municipal portfolio,” said
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China’s property market has still not found a bottom despite all the turmoil in the past year, according to Standard Chartered CEO Bill Winters. Speaking to CNBC’s JP Ong, Winters described the investing environment in China as “difficult,” explaining that consumer confidence and international investor confidence was relatively low. “We know that the underlying source
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A Forward Air Corportation truck. Courtesy: Business Wire Company: Forward Air (FWRD) Business: Forward Air is an asset-light provider of transportation services. These transportation services include less-than-truckload (LTL), truckload and intermodal drayage services and freight brokerage and supply chain services across North America, Europe and Asia. Its segments include Expedited Freight, Intermodal and Omni Logistics.
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