Fritz Stradling, who co-founded Stradling Yocca Carlson & Rauth’s public finance practice, died peacefully in his sleep on Feb. 17. He was 96. He and his fellow co-founders of Stradling’s public finance practice, John Murphy and Tom Clark, are credited with helping to give California bond law firms stature in the public finance world. “Before
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has detailed why he considers all crypto tokens other than bitcoin as securities. While acknowledging that crypto tokens may have different setups, he stressed that “at the core, these tokens are securities.” SEC Chair Believes All Crypto Tokens Other Than Bitcoin Are Securities The chairman of
MassachusettsGov. Maura Healey unveileda tax relief proposal Monday, a key feature of her administration’s fiscal year 2024 budget due to be presented to lawmakers on Wednesday. “This proposal centers affordability, competitiveness, and equity each step of the way, delivering relief to those who need it most and making reforms that will attract and retain more
Britain and the EU clinched a deal on Monday to settle their toxic dispute over Northern Ireland trading rules in a turning point after years of post-Brexit tensions. Rishi Sunak, UK prime minister, and Ursula von der Leyen, European Commission president, sealed the agreement in the shadow of Windsor Castle, with both talking of a
In the fall of 2021, a skeletal metal frame stood among the various implements at a construction site on a quiet hillside in the ski town of Snowmass Village. Posted on the site’s fence, a sign with a rendering for an upcoming luxury condominium―Electric Pass Lodge―was covered by a yellow banner in bold letters, “SOLD
A decision last week by the U.S. Supreme Court not to hear a case out of Arkansas could fuel more legislative attempts to cut companies off from doing business, including municipal bond underwriting, with state and local governments if their policies are considered harmful to certain industries. The litigation challenged a 2017 Arkansas law requiring
Ukraine has received over $70 million in cryptocurrencies since the start of the Russian-Ukrainian conflict, providing the nation with funds for military equipment and humanitarian assistance. The figures came from a Feb. 24 report by blockchain data platform Chainalysis, which found the majority of the funds to have come in the form of Ether (ETH) and
The cryptocurrency markets and the United States equities markets witnessed profit-booking this week as the macroeconomic data hinted toward continued rate hikes by the Federal Reserve. Bitcoin (BTC) is down more than 4% and the S&P 500 fell 2.7% to record its worst week of the year. The CME FedWatch Tool shows a 73% probability
Rishi Sunak is poised to unveil a Brexit deal with the EU on Monday that will overhaul Northern Ireland’s trading arrangements and end a bitter dispute between the two sides. Although the UK prime minister plans to seal an agreement with Brussels, he still faces a political battle to win over Eurosceptic Conservative MPs and
An EV600 all-electric light commercial vehicle purpose-built for the delivery of goods and services, built by GM’s electric commercial vehicle business, BrightDrop, is seen in Detroit, Michigan, in this undated photograph. Brightdrop | Handout | via Reuters Layoff announcements and warnings of an economic downturn from multiple CEOs during the earnings season have made it
Over $2.5 billion was stolen in cross-chain crypto bridge hacks from 2021 to 2022, according to a report by Token Terminal. But, despite several attempts by developers to improve bridge security, a debate from December 2022 to January 2023 on the Uniswap DAO forums has laid bare security weaknesses that continue to exist in blockchain bridges.
A renovated apartment in New York City after The Expert consultation sessions with designers Jessica Gersten and Athena Calderone. The Expert Aside from bingeing Netflix, creating the picture-perfect home may have been the pandemic’s most popular habit. Whether it’s organizing a pantry or adding on a home office, gym or spa-like bathroom, homeowners have been
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added, “We should not take off the table banning those assets,” if regulation fails or is too slow to implement. IMF’s Chief Calls for More Crypto Regulation IMF Managing Director Kristalina Georgieva talked about crypto regulation Saturday on the sidelines of
Bel Air was built to be exclusive. The gated Los Angeles neighborhood known for its large lot sizes and plush landscaped yards in the foothills of the Santa Monica Mountains remained true to the vision of developer Alphonzo Bell. As the community flourished and expanded, the 1920s tracts became known as “Old” Bel Air; lower
In this article BRK.B Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett. Gerald Miller | CNBC Berkshire Hathaway‘s operating profits fell during the fourth quarter as inflationary pressures weighed on the conglomerate’s businesses. Berkshire Hathaway’s operating earnings totaled $6.7 billion in the fourth quarter of 2022, a release read Saturday. That’s down 7.9% from the
In this article BBWI Follow your favorite stocksCREATE FREE ACCOUNT An employee with a face mask and shield cleans the door of Bath & Body Works store on July 21, 2020 in Pembroke Pines, Florida. Johnny Louis | Getty Images News | Getty Images Company: Bath & Body Works (BBWI) Business: Bath & Body Works
Joe Biden has said he did not think China would send weapons to Russia to help its military campaign in Ukraine, in comments that appeared to undercut claims from his top officials that Beijing was considering the idea. In an interview with ABC television on Friday that was aired on the evening of the anniversary
Flanked by officials from the Port Authority of New York and New Jersey, New York Gov. Kathy Hochul on Thursday hosted a groundbreaking for a terminal project she said will cap John F. Kennedy International Airport’s $18 billion redevelopment. “The groundbreaking offers a complete vision for the modernized global gateway,” Hochul said at a ceremony held
Municipals were mixed to end the week as U.S. Treasury yields rose double-digits five years and in and equities ended down. The three-year muni-UST ratio was at 61%, the five-year at 62%, the 10-year at 66% and the 30-year at 91%, according to Refinitiv MMD’s 3 p.m. ET read. ICE Data Services had the three
Bitcoin’s (BTC) recent price rally from $16,500 to $25,000 can be attributed to a short squeeze in the futures market and recent macroeconomic improvements. However, while prices increased, data suggests that many interested buyers (including whales) were left on the sidelines. The recent rally to $25,000 shared many similarities with the 2019 bear market rally,