As the festive season rolls around, traditions often dictate how we spend money and express affection. This year, Mario Gabelli, a renowned investor and chairman of Gamco Investors, has stirred the pot by suggesting a radical reallocation of our Easter spending. Instead of opting for chocolate bunnies or pastel eggs, Gabelli encourages us to invest
In a rather unexpected turn, the municipal bond market experienced a notable sell-off on a Wednesday marked by double-digit yield cuts—this being the second occurrence within the month. While it may seem like all is well in the world of finance from the surface, a deeper dive reveals a turbulent environment for municipal debt. On
The recent decision by the Trump administration to drastically reduce funding from the National Institutes of Health (NIH) marks a troubling chapter in the saga of American biomedical research. Specifically, the cap on “indirect costs” at 15% is an unprecedented move that risks crippling vital research initiatives across the nation. While the administration touts significant
In a market dominated by a mere trio of heavyweights—Gatorade, Powerade, and BodyArmor—Stephen Curry and Michelle Obama’s foray into the world of sports drinks with Plezi Hydration is nothing short of audacious. Rarely does a product emerge that attempts not just to compete but to redefine an entire category. Curry, a four-time NBA champion, and
The recent developments surrounding the American Securities Association (ASA) and its ongoing legal battle with the Securities and Exchange Commission (SEC) expose a significant clash within the structure of financial regulation in the United States. As a nonprofit trade association, the ASA is advocating for its stance against what they deem an unconstitutional regulation arising
The newly confirmed director of the Federal Housing Finance Agency (FHFA), Bill Pulte, has made waves by firmly stating he will not reduce the conforming loan limit for mortgage giants Fannie Mae and Freddie Mac. Currently set at an astonishing $806,500—a hefty increase from the previous year—this limit seems to cater to affluent buyers rather
In a critical time for North Carolina’s local governance, State Treasurer Brad Briner has appointed Jeff Poley as the interim director of the State and Local Government Finance Division. Frankly, under Poley’s temporary stewardship, the division stands at the threshold of an exciting shift. While it’s evident that Poley does not seek a permanent role,
Recent years have seen a monumental shift in the narrative surrounding America’s infrastructure, with government funds pouring into necessary upgrades and repairs. The American Society of Civil Engineers (ASCE) has released its latest report card, revealing that for the first time, America boasts an overall GPA of “C.” This improvement is no small feat, as
In a striking announcement poised to shift the landscape of U.S. manufacturing, Hyundai is set to invest $20 billion into onshoring operations, including a $5 billion steel plant in Louisiana. This ambitious venture is designed to secure jobs for around 1,500 Americans, but it raises crucial questions about the sustainability of such initiatives in an
In the world of investment, few companies epitomize volatility like Boeing. Recently, the aerospace giant experienced a notable uptick, climbing 10% following a lucrative contract win with the Pentagon. The excitement momentarily masked deeper issues that linger below the surface. Oppenheimer’s Ari Wald, a prominent figure in technical analysis, has raised an eyebrow over the