This Easter, as families prepare for a day filled with chocolate eggs and family gatherings, investor Mario Gabelli proposes something bold: divert your customary Easter gift expenditure into purchasing a single share of the Atlanta Braves. His suggestion resonates on various fronts beyond mere financial prudence. The Braves are not just a baseball team; they
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Municipal bonds, long hailed as the safe haven for conservative investors, recently experienced a staggering sell-off that has rocked the market. In April, yields saw double-digit cuts, marking the second such dip in just weeks. On a day when U.S. Treasury yields climbed up to three basis points, municipal yields were forced lower by two
The recent decision by the Trump administration to impose radical cuts to the National Institutes of Health (NIH) funding has sparked outrage and concern among scientists, investors, and stakeholders in the life sciences sector. Slashing indirect costs to a meager 15%—a figure substantially lower than the average 27% to 28%—signals not merely a shift in
In a cultural climate increasingly concerned about health and wellness, the collaboration between Stephen Curry, a seasoned NBA champion, and former First Lady Michelle Obama, feels timely and transformative. Announced just recently, their collective venture, Plezi Hydration, promises a shift in how we think about sports drinks. Curry, renowned for his athleticism and dedication to
In a world increasingly defined by economic variables beyond our control, the Federal Housing Finance Agency’s (FHFA) decision to maintain the conforming loan limit at $806,500 appears to be a small yet significant act of defiance against popular populist sentiment. Under the leadership of the newly confirmed director, Bill Pulte, the agency confirmed there are
The clash between the American Securities Association (ASA) and the Securities and Exchange Commission (SEC) is not just a legal skirmish; it’s a pivotal moment that could redefine the governance of the Municipal Securities Rulemaking Board (MSRB). The ASA has taken a bold stand, arguing that the MSRB’s structure is unconstitutional. This contention has the
The appointment of Jeff Poley as the interim director of the State and Local Government Finance Division in North Carolina signals a significant shift in the state’s approach to local finance and governance. State Treasurer Brad Briner’s choice reflects not just an attempt to fill a gap after Deputy Treasurer Debbie Tomasko’s recent departure, but
In a rare moment of optimism for America, the American Society of Civil Engineers (ASCE) has recently announced that the nation’s infrastructure has reached an unprecedented cumulative GPA of C. This marks a significant achievement, considering that infrastructure ratings have long lingered in the D range, a reflection of neglect and mismanagement. The chair of
Short-term rental markets have exploded in recent years, becoming a significant income opportunity for many entrepreneurs globally. Particularly in Asia, data reveals that some locales deliver outstanding returns, with Hakuba, Japan, standing out starkly for its impressive average income surpassing $60,000 annually. This figure, taken from AirDNA’s latest findings, underscores a crucial narrative: location matters,
The municipal bond market, often viewed as a bastion of stability and safety in the broader financial landscape, is currently facing several pressing issues. While many investors still regard munis as a favorable investment option, recent trends indicate underlying volatility that could disrupt established norms. This article dissects the alarming turn of events in the