In recent months, the $3.5 trillion tax-exempt bond market has been tinged with apprehension concerning the Trump administration’s potential impact on the long-standing tax exemption for municipal bond interest. Industry participants are grappling with the implications of forthcoming legislative changes and the pressing need for transparent and proactive disclosure strategies. As uncertainty looms over Capitol
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In a recent interview with CNBC, JP Morgan Chase CEO Jamie Dimon expressed critical observations regarding the efficiency of the U.S. government. This discussion emerges in the context of the ongoing actions taken by the Trump administration to restructure federal agencies, which has included a significant reduction in government personnel. Dimon’s comments illuminate the broader
Recent financial analyses suggest that Berkshire Hathaway’s stock may witness significant gains in the near future. Ari Wald, the esteemed head of technical analysis at Oppenheimer, shared his insights during a appearance on CNBC’s “Power Lunch”, elucidating his bullish stance on the Warren Buffett-led conglomerate. Following a stellar earnings report, both class A and class
The year 2024 marked a transformative period for municipal bond issuers in the Northeast, reflecting a significant rebound post-pandemic. With a staggering $132.3 billion in new bond sales, this represents a phenomenal $43 billion increase over the previous year, signifying a robust resurgence in public financing activities. The volume of bond issuance in this region
In a significant move announced on Thursday, the Trump administration is initiating an investigation into California’s beleaguered high-speed rail project, casting a shadow over the future of this ambitious infrastructure undertaking. Transportation Secretary Sean Duffy disclosed that the Federal Railroad Administration (FRA) has been directed to evaluate whether the California High-Speed Rail Authority (CHSRA) is
Investing in dividend stocks is often viewed as a prudent strategy for generating stable income, especially in a volatile market. These stocks not only provide regular cash payouts to shareholders, but they can also enhance an investment portfolio’s overall return. However, selecting the right dividend stocks can be a daunting task, given the myriad of
As wealth continues to concentrate among the elite, family offices have emerged as an increasingly significant entity within the financial landscape. This growing trend has not only transformed the way capital is managed but has also given rise to events and conferences tailored specifically for family offices. With approximately 8,000 family offices managing around $3.1
In a landscape dominated by fluctuating box office success, IMAX is poised for an extraordinary year in 2025, with projected revenues reaching a staggering $1.2 billion. This optimistic outlook was shared by the company’s CEO, Rich Gelfond, during an interview with CNBC’s “Squawk on the Street.” The anticipated financial windfall stems from a promising lineup
Recent fluctuations in mortgage rates have created a complex environment for potential homebuyers. Last week saw a slight decrease in mortgage rates, with the average rate for a 30-year fixed mortgage dropping to 6.93%. However, this nominal decline did little to inspire confidence in the housing market, as overall mortgage demand simultaneously fell by 6.6%,
In the early months of 2025, Alibaba has emerged as a prominent player in the realm of artificial intelligence, with its U.S.-traded shares skyrocketing nearly 70%. Following a period of political uncertainty that sidelined its founder Jack Ma, the company is now on an upward trajectory, indicating a vigorous rebound fueled by its burgeoning AI