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
In a bold stride indicative of shifting global economics, South Korean giant Hyundai is set to unveil a staggering $20 billion investment in the United States. Central to this plan is a $5 billion steel plant in Louisiana, which promises to create approximately 1,500 jobs. This investment is not merely another corporate venture; it represents
Despite a recent surge, Boeing’s stock paints an image that is far from rosy, and prudent investors should approach this aerospace giant with skepticism. As highlighted by Oppenheimer’s Ari Wald, who recently shared his analysis on CNBC, the turbulence surrounding Boeing isn’t just a fleeting moment; it speaks to deeper, systemic issues within the company.
Home Depot, the go-to giant for DIY enthusiasts and professional contractors alike, finds itself amid a swirl of economic turbulence. Recent analyses have hinted at a troubling trend: the waning sentiment among high-income earners is pinching consumer spending, particularly on significant renovation projects. Piper Sandler’s caution regarding Home Depot may seem alarmist to some, yet
United Airlines, a major player in the American aviation market, is not shy about monetizing the comfort of air travel. With their recent announcement of fee hikes for airport lounge memberships and rewards credit cards, they are testing the limits of customer loyalty and willingness to pay for travel perks. It’s a bold move that
The realm of high-yield municipal bonds is often seen as a high-stakes gambling table where the reward can be tantalizingly high, but the risk looms large. This week, the market’s appetite will be once again tested with a substantial $1.15 billion bond sale intended to fund a tire factory situated in Oklahoma. The Salina Economic
In the ever-evolving world of satellite communications, Viasat faces considerable challenges, primarily posed by the aggressive entrance and expansion of SpaceX’s Starlink. Deutsche Bank recently made headlines by upgrading Viasat’s stock rating from hold to buy, with an optimistic projection that the stock could see a price surge of over 53%. However, the question remains: