In a response to the increasing financial needs of charter schools across the United States, the Equitable School Revolving Fund LLC. is set to launch a groundbreaking bond offering next week amounting to $300 million in A-rated social bonds. Established in 2017, this initiative stands as a unique loan pool specifically designed to support public
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In a riveting intersection of technology and ambition, Northwood Space, a startup led by the former Disney Channel star and singer Bridgit Mendler, is making significant strides in satellite communications. The company, which launched earlier this year in El Segundo, California, recently demonstrated its innovative approach by successfully connecting with Planet Labs imagery satellites orbiting
In recent months, the Federal Reserve has felt a sense of relief regarding the trajectory of inflation. With a crucial update on consumer prices looming, their strategies and expectations are about to be tested rigorously. The Labor Department is set to release its latest Consumer Price Index (CPI) data, which economists anticipate will signal progress
In a significant move for public health and safety, the Biden administration recently unveiled the most stringent regulation regarding safe drinking water in history. This initiative mandates that nearly all cities in the United States replace existing lead pipes over the next decade. President Biden emphasized the importance of government intervention in safeguarding public health
Home repairs and renovations are unmistakably costly pursuits. In an effort to mitigate expenses, a staggering one-third of homeowners express readiness to hire contractors with dubious credentials or blemishes in their work history. According to a recent study conducted by Clever Real Estate, about 33% of surveyed homeowners are willing to compromise on a contractor’s
In the evolving landscape of the municipal bond market, recent trends reveal a complex interplay among municipal yields, U.S. Treasury rates, and local economic factors. As the fourth straight session of slight weakening hits the municipal bond sector, analysts are scrutinizing the underlying mechanisms that drive these fluctuations and the implications they hold for investors
In a significant judgement from the U.S. District Court for the District of Columbia, it has been established that cryptocurrency exchange Bitfinex stands as the sole entity eligible for restitution concerning the monumental theft of 119,754 Bitcoin during the notorious 2016 hack. This determination follows the guilty plea of Ilya Lichtenstein and Heather Rhiannon Morgan,
In the ever-changing landscape of global currencies, the U.S. dollar’s recent ascent has garnered attention, reflecting complex interactions between central bank policies and international economic pressures. As investors closely analyze monetary decisions, particularly those from the Federal Reserve, the implications are profound not only for the dollar but also for key currencies such as the
As Bitcoin (BTC) hangs around the $60,000 to $62,000 range, the cryptocurrency appears to be in a lull characterized by minimal volatility. This stagnation, while disheartening to some traders and investors, has not extinguished the optimism that permeates a significant portion of the cryptocurrency community. Particularly, traders are excited about the prospect of an impending
As 2024 unfolds, a notable trend is emerging among investors, particularly concerning their underperforming stocks. Tax loss harvesting, a strategy where investors sell losing investments to offset gains elsewhere, is set to accelerate as the year approaches its conclusion. This phenomenon, combined with ongoing macroeconomic challenges, could lead to further declines in already struggling stocks,