Hawaii is on the brink of engaging the financial markets, planning to issue $750 million in taxable general obligation (GO) bonds this December. With these bonds, the state aims to bolster its capital projects while also reimbursing previous expenditures. This issuance comes at a time when the state’s credit ratings have been reaffirmed by major
admin
The recent voter approval of a public safety measure in Dallas, known as Proposition U, has elicited critical reflections on the city’s financial outlook. This measure mandates the city to allocate a minimum of 50% from any annual revenue growth towards bolstering public safety — encompassing police salary increases, enhancements to pension funds, and the
In the world of aerospace, competition is often lauded as a catalyst for innovation, improvement, and efficiency. Gwynne Shotwell, the President and COO of SpaceX, articulated this sentiment during her recent address at the 2024 Baron Investment Conference in New York. Emphasizing the importance of competition, she remarked, “It’s going to be hard to catch
The American housing market is often a barometer for the broader economic landscape, and current trends in mortgage rates signal a complex interplay of stability and volatility. As of mid-November 2023, the average 30-year fixed-rate mortgage appears to have stabilized, dipping slightly to 6.78%. Though this figure remains elevated compared to historical lows, experts suggest
In recent times, the gaming industry has witnessed a significant shift towards Web3 technologies, particularly with the increasing popularity of Gacha games. Drift Zone, a pioneering Web3 gaming studio, has emerged as a key player in this space, recently announcing a substantial grant of $190,000 to enhance its gaming ecosystem through integration with the Sei
Teladoc Health, a prominent player in the telehealth industry, has recently come under the analytical lens of Goldman Sachs, where analyst David Roman has initiated coverage with a buy rating. This confident stance, which posits a price target of $14, suggests a staggering 56.3% upside from the stock’s recent closing price. The anticipated growth comes
As global currencies navigate the choppy waters of economic forecasting and monetary policy adjustments, recent developments have underscored the volatility that characterizes the Asian financial landscape, particularly in light of U.S. economic movements. While most Asian currencies exhibited minimal shifts on Friday, the overarching sentiment was one of decline over the preceding week, as the
Disney is currently grappling with the complexities associated with its television networks division. The company’s Chief Financial Officer, Hugh Johnston, recently delineated the intense operational intricacies involved in any potential separation of this segment from its other business units. During an appearance on CNBC’s “Squawk Box,” Johnston indicated that the financial implications of such a
In a strategic move that could redefine its audience engagement, Netflix is set to broadcast a highly anticipated boxing match between influencer Jake Paul and legendary boxer Mike Tyson. Scheduled for November 15 at the AT&T Stadium in Texas, this event marks Netflix’s adventurous foray into live sports, a departure from its traditional on-demand content
Oklahoma County, home to nearly 800,000 residents, is grappling with the urgent need to replace its outdated jail facility, which has been a focal point for criticism due to health and safety issues. The current 13-story detention center, operational since 1991, faces scrutiny from both state and federal authorities. The county aims to transition towards