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Prince George’s County Public Schools is embarking on a groundbreaking initiative to finance the construction of eight new schools through a $660 million taxable sustainable revenue bond issuance. This innovative approach involves a public-private partnership that aims to address the growing infrastructure needs of the community while tapping into the current demand for taxable paper
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Oracle’s heavy investment in infrastructure and strategic partnerships to enhance its position in the AI market has been met with skepticism from investors due to the rich valuation of the stock. The competitive landscape and uncertainties surrounding revenue generation, integration challenges, and strong competition with advanced AI capabilities from rivals are causes for concern. The
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As the blockchain community transitions from Polkadot 1.0 to Polkadot 2.0, several key tech upgrades such as Async Backing, Elastic Scaling, and Agile Coretime are set to revolutionize the network. These upgrades are expected to enhance the overall performance of the system and provide developers with more flexibility in creating custom blockchain projects. The core
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Dallas Fort Worth International Airport is preparing to enter the municipal bond market with a $750 million deal after receiving a rating upgrade from S&P Global Ratings. The airport’s rating was increased to AA-minus from A-plus, indicating its strong enplanements, history of financial resiliency, and stable debt service coverage. This upgrade reflects the airport’s improved
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The latest data from CoreLogic reveals that homeowners in the United States are collectively sitting on a whopping $17 trillion in equity as of the end of the first quarter of 2024. This significant increase in homeowners’ equity represents a growth of $28,000 on average per homeowner compared to the previous year. While this substantial
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The Chief Financial Officer of Home Depot, Richard McPhail, mentioned in an interview with CNBC that homeowners have been delaying moving into new houses or starting major projects due to higher interest rates. The anticipation of a potential interest rate cut has further intensified this waiting game. Homeowners are being advised to wait for lower
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