Utah’s decision to issue $247.74 million in unrated tax-exempt revenue bonds for the nearly 600-acre development site known as The Point ignites discussions about the balance between public investment and private profit. The project, lauded by state officials, stands as a bold example of public-private partnerships (PPPs) intended to spur economic growth in one of
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The unfolding drama surrounding Oregon’s proposed transportation bill, which aims to impose staggering tax and fee increases totaling $14.6 billion over the next ten years, raises crucial questions about fiscal responsibility and effective governance. Advocates of House Bill 2025 tout it as a crucial step towards revitalizing the state’s aging infrastructure, arguing that the funding
The recent bond sale by Harvard University has sent shockwaves through the financial and educational realms alike. Republican Representative Elise Stefanik’s request for an investigation by the Securities and Exchange Commission (SEC) raises pertinent questions about transparency and the ethical obligations of prestigious institutions towards their investors. The concern is not merely about a financial
In an age where economic unpredictability seems to be the norm, discerning investors find themselves navigating through uncertain waters. This year, the S&P 500 has experienced a notable slowdown, posting an unremarkable 2% increase in 2025 after two vigorous years. Meanwhile, international markets, once regarded as risky bets, have emerged as an alluring focus for
The American housing market finds itself in a precarious position as the specter of high mortgage rates looms large. Recent data from the National Association of Realtors indicates that sales of previously owned homes saw a modest increase of just 0.8% in May—an unexpected uptick that belied analysts’ predictions of a 1% decline. However, this
In the often tumultuous world of defense contracts, there exists a curious phenomenon where failure can lead to unexpected profit. At the heart of this paradox lies President Trump’s ambitious “Golden Dome” missile defense initiative, a plan cloaked in daunting expectations yet riddled with potential pitfalls. Analysts like Douglas Harned from Bernstein have pointed out
In the midst of climbing mortgage rates and an unpredictable economy, the housing market is taking a significant hit, reflecting a downturn that many are reluctant to acknowledge. The sentiment among builders, as indicated by the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index, has plummeted to a disheartening 32 points in June,
In a move that has stirred both excitement and unease among Oklahoma City residents, the council has approved a monumental deal to keep the Thunder basketball team in a yet-to-be-built arena through 2053. Mayor David Holt’s statement confirming a 115-page license agreement seems more like a spin to assure the public of stability than a
In the fast-paced world of online investing, it’s not enough to merely exist; one must excel. Once seen as a laggard, JPMorgan Chase has made a significant pivot, declaring itself a front-runner in the digital investment arena. As the bank prepares to roll out groundbreaking features within its mobile platform, it’s evident that they’re not
In a political climate riddled with tensions and unpredictability, the Federal Reserve has found itself at the eye of the storm, particularly with the looming question of who will replace Jerome Powell as Chair. Former Treasury Secretary Lawrence Summers recently speculated on this transition, suggesting that Donald Trump will likely choose a mainstream candidate when