The recent downgrade of Manhattan, Kansas’ issuer and general obligation rating from Aa3 to A1 by Moody’s Ratings underscores a troubling reality for municipalities across the United States. The downgrade, which could lead to further reductions or even complete withdrawals of the rating, is attributed to a combination of delayed financial reporting and deteriorating fiscal
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As the Thanksgiving holiday unfolds in the United States, the cryptocurrency realm is abuzz with significant developments and heartfelt tributes, notably from industry leaders like Michael Saylor. The cofounder and chairman of MicroStrategy recently took to social media, expressing gratitude with the simple yet impactful message: “Thank you Satoshi.” This tweet, though succinct, strikes a
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The holiday season is traditionally a time when consumers loosen their purse strings, looking to purchase gifts, home decorations, and festive attire. However, this year, the retail landscape is surprisingly polarized, revealing a sharp divide between thriving businesses and those struggling to connect with consumers. With various retailers recently reporting their third-quarter results, a clearer
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In recent weeks, Bitcoin has demonstrated its characteristic volatility, oscillating near its historic peaks yet struggling to stabilize past the significant $100,000 mark. Following President-elect Donald Trump’s recent electoral victory, cryptocurrency enthusiasts were momentarily buoyed by expectations of favorable regulatory policies that could potentially nurture market growth. Despite a brief bout of profit-taking that dragged
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The currency markets in Asia have experienced notable fluctuations recently, heavily influenced by changing sentiments around U.S. monetary policy and various regional economic indicators. As traders assess the potential path of interest rates set by the U.S. Federal Reserve, there are distinct trends in how Asian currencies are responding to these developments. This article delves
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The stock market has experienced significant growth in 2023, with the S&P 500 index achieving an impressive 26% surge, reaching highs around 6,000. This growth has attracted considerable investor interest, especially in sectors like technology, energy, and utilities, which are closely tied to advancements in artificial intelligence (AI) and data center expansions. However, as 2025
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