Oregon economists have recently predicted a 50-50 chance that the state’s residents will receive a kicker tax credit in 2026 due to slow and steady revenue growth. This prediction is based on a trigger mechanism that returns money to taxpayers every two years through a kicker rebate if personal income taxes exceed initial forecasts by
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The Food and Drug Administration recently approved Moderna’s vaccine for respiratory syncytial virus (RSV) for adults ages 60 and above. This marks a significant milestone for Moderna as it seeks to diversify its product portfolio beyond its Covid jab. The approval is based on a late-stage trial that demonstrated the vaccine’s efficacy in older adults,
In May, issuance volume surpassed $40 billion for the month, which was the first time since 2016. The volume totaled $43.957 billion in 866 issues, showing a significant increase of 46.9% from the previous year. This boost in issuance is attributed to several factors such as the uncertainty surrounding Fed policy, pent-up capital needs, and
SimpleSwap, an instant crypto exchange based in George Town, Cayman Islands, has recently announced the launch of their new Trading Contest. This contest offers participants the chance to compete for a share of a $12,000 prize pool by swapping cryptocurrencies. One of the key highlights of this event is the wide selection of coins available
The U.S. dollar saw a slight increase in early European trade, following a period of losses, particularly after the reported 1.3% annualized growth rate of the U.S. economy in the first quarter. This led to speculation in the market regarding future interest rate adjustments, with a 55% chance of rate cuts in September according to
When Paul Lester decided to elevate the experience of selling luxury real estate in Los Angeles, he came up with a unique approach. By hosting a Beverly Hills property viewing that doubled as an art opening, he not only sold individual artworks but also closed the deal on the property itself at a premium price.
The National Association of Realtors reported a significant 7.7% drop in signed sales contracts on existing homes in April compared to March, marking the slowest pace since April 2020. These pending sales serve as a forward-looking indicator of closed sales one to two months later, highlighting the immediate impact of changing market conditions on homebuyers.
Boeing CEO Dave Calhoun is set to meet with the Federal Aviation Administration to present a quality improvement plan highlighting enhanced staff training and production practices. This meeting comes in the wake of a serious incident involving a blown-out airplane door panel on a new 737 Max 9. The FAA had previously given Boeing 90
ChainwireWave Digital Assets (Wave), a digital asset-focused investment adviser regulated by the SEC, has recently announced the launch of a Polygon network-focused yield vehicle with an initial $30 million. This new initiative is designed to support protocols and teams on the Polygon zkEVM blockchain, starting with facilitating liquidity and TVL. Benjamin Tsai, Co-founder and President
The Washington, D.C., City Council is considering a controversial proposal to eliminate the tax exemption on interest on out-of-state municipal bonds. This move, aimed at increasing revenue for the district, has sparked a debate between the council and Mayor Muriel Bowser, who is firmly against further tax hikes. In a letter to Council Chair Phil