Municipal markets showed signs of additional strain this week as U.S. Treasury yields dipped further while equities experienced a surge late in the session. A notable aspect of this trend is the apparent disconnect between rising stock markets and waning demand for municipal bonds. Notably, the two-year municipal-UST ratio remained stagnant at 72%, while similar
The world of sports is witnessing the meteoric rise of pickleball, which has been dubbed as the “fastest-growing sport.” With a staggering 223% increase in participation reported over just three years, it’s clear that pickleball isn’t merely a passing fad; it’s a cultural phenomenon. The introduction of The Picklr, the world’s largest pickleball franchise, into
In a financial landscape that feels increasingly precarious, Federal Reserve Governor Christopher Waller’s announcement that the Fed will not intervene in the Treasury market is both bold and controversial. Amid surging long-term bond yields and tepid demand for U.S. debt, his remarks reflect a commitment to fiscal discipline that many policymakers seem hesitant to embrace.
In an ambitious attempt to stimulate economic growth, states are grappling with a poignant reality: the cap on state and local tax deductions (SALT) continues to strain budgets that are already stretched thin. Analysis from the Tax Policy Center underscores a troubling trend; while some states are enjoying an uptick in personal income tax revenues,
As we enter an era marked by uncertainty in the agricultural sector, the once-reliable Deere & Co (DE) finds itself grappling with an unusual dichotomy. While its stock has seen a remarkable surge recently, there are underlying signs that suggest this upward trajectory may be on the verge of reversal. The boom in agricultural commodity
In the ever-evolving cosmos of technology and entrepreneurship, few narratives resonate more powerfully than that of Dayu Dara Permata, co-founder and CEO of the Indonesian property transaction platform, Pinhome. At 36, her ascent from a modest garage-based startup to a company netting over $75 million is not a mere tale of monetary success, but an
Toyota’s groundbreaking decision to transition the RAV4, America’s favorite SUV, to a hybrid-only model is more than just a business move; it signals a seismic shift in automotive engineering and consumer expectations. This brave foray into the realm of hybrid technology eliminates conventional gas engines from the iconic RAV4 lineup, amplifying a long-term investment in
In a world increasingly dictated by technology, Josh Brown, the CEO of Ritholtz Wealth Management, propounds a thought-provoking perspective on the stock market’s key drivers. He argues that artificial intelligence (AI) has assumed precedence over traditional economic metrics like tariffs in influencing market sentiment. For investors seeking to navigate the turbulent financial waters, this assertion
The landscape of consumer spending is evolving, and not necessarily for the better. Recent statistics reveal a disconcerting trend in consumer sentiment, which has plummeted to its second-lowest level on record. Such metrics suggest that the average American is becoming increasingly apprehensive about their financial prospects. This sentiment is not just subjective; recent credit card
In a striking move that signals a dramatic shift in how the NFL perceives its future, Commissioner Roger Goodell has unveiled plans for potentially revolutionizing the league’s international presence. At a recent CNBC CEO Council Summit, he suggested that the NFL could host up to 16 international games a season within the next five years—an