As transit agencies across the country face a dreaded fiscal cliff when federal stimulus dollars dry up, those agencies that win permanent revenue from their states and local governments will boost their profile while others will see their credit erode. That’s the view of experts who spoke at a transit panel Wednesday at The Bond
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A “For Rent” sign outside an apartment building in the East Village neighborhood of New York, US, on Tuesday, July 12, 2022. Gabby Jones | Bloomberg | Getty Images Manhattan renters may have reached their “affordability threshold” in August, as median rents remained at record high, according to a new report. The median rent in
PUBG meets Cosmos Krafton, the company behind PlayerUnknown’s Battlegrounds (PUBG), is venturing into Web3 with Settlus, a Cosmos-based blockchain project specifically designed for the creator economy. Settlus aims to provide content creators with a payment platform that streamlines transparent settlement processes. The South Korean gaming giant’s project was announced at the Korea Blockchain Week’s Circle
In this article Follow your favorite stocksCREATE FREE ACCOUNT is a leading semiconductor intellectual-property supplier, designing chip technology that is used in high-tech gadgets, including most of the world’s mobile phones. The company then licenses that tech out to the industry’s major players and collects royalties. Roughly five chips in every smartphone are based on
A record number of tourists came to New York State last year, pumping more than $78.6 billion of direct spending into the local economy. The 291.5 million tourists who visited the Empire State also generated roughly $123 billion in financial impact for the economy in 2022, according to reports issued by Tourism Economics on Wednesday.
The German bank was one of a handful of company’s to invest in a $65 million, series B fundraising round for Taurus in Feb. 2023. The company offers enterprise-grade infrastructure to issue, manage custody and trade cryptocurrencies, tokenized assets, nonfungible tokens (NFTs) and other digital assets. According to Taurus co-founder Lamine Brahimiaurus, the partnership underwent
Prometheus Materials has a solution for replacing one of the biggest contributors of greenhouse gasses, financial backing from Microsoft and an aggressive plan to scale up quickly. By Amy Feldman, Forbes Staff We love concrete. We use it everywhere — skyscrapers, data centers, roofs, sidewalks, homes. The problem is, concrete doesn’t love us. Its key
Receive free Arm Ltd updates We’ll send you a myFT Daily Digest email rounding up the latest Arm Ltd news every morning. Shares in UK chip designer Arm are expected to be priced above the initial range at as much as $52 per share, which would give the company a valuation of nearly $54bn, according
Municipals were slightly weaker in spots Wednesday, largely ignoring the mixed reactions of other markets following the release of a hotter-than-expected consumer price index figure. The focus was on the primary where the Dormitory Authority of the State of New York priced for institutions with yields lowered by up to five basis points from the
A member of the Mississippi National Guard receives a dose of the Moderna COVID-19 vaccine in his arm, in Flowood, Mississippi. Rogelio V. Solis | AP Check out the companies making headlines before the bell. Moderna — Moderna shares rose more than 3% in early trading after the Centers for Disease Control and Prevention recommended updated Covid vaccine
“The current challenge has been keeping the ‘affordable’ in affordable housing,” said Steve Scharff. Title: Senior ManagerFirm: Baker Tilly Municipal AdvisorsAge: 32 Steve Scharff has been in his current position with Baker Tilly for about two years but has been working in the financial world since 2015. What Steve offers to the firm’s clients is
“I like the complexity of the transactions that we help bring to life and to see how those transactions positively further the missions of the nonprofits,” said Gretchen Sherwood. Title: CounselFirm: Nixon Peabody LLPAge: 35 Gretchen Sherwood has developed Nixon Peabody’s charter school finance practice into a nationally respected program while maintaining excellent relations with
“As a credit analyst in healthcare, I have a front row seat for a sector undergoing immense pressure and change, a sector that affects all levels of our society at both a macro level and a deeply personal level,” Patrick Zagar said. Title: DirectorFirm: S&P Global RatingsAge: 32 Patrick Zagar has been with S&P Global
“Having a chance to talk directly about what we’re doing and why we’re doing it, it’s reinforcing, in a way,” said Claude Lockhart Jr.Claude Lockhart Jr. Title: DirectorFirm: StifelAge: 31 Claude Lockhart Jr. lines his desk with “souvenirs” from bond projects he’s worked on. Letters and thank you notes, gifts and plaques from cities that
Orrick, Herrington & Sutcliffe LLP Managing Associate Joshua Bonney calls his work at Orrick “a match made in heaven.”© Gittings Photography Title: Managing AssociateFirm: Orrick, Herrington & Sutcliffe LLPAge: 33 Early in his career, Joshua Bonney, a managing associate at Orrick, Herrington & Sutcliffe LLP, has already worked with some of the municipal bond market’s
“I love that every deal is a little different and there is something to be learned from each one,” said Stephanie Kim. Title: Of Counsel Firm: Ballard Spahr LLPAge: 36 Stephanie Kim packs a full legal toolbox for her role as of counsel in the Washington, D.C., office of Ballard Spahr. Since moving from the Atlanta
“I like rolling my sleeves up, looking at the numbers, figuring out the story in my head, as I’m reading everything,” Matthew Shapiro said. Title: DirectorFirm: Assured GuarantyAge: 35 The challenge of covering healthcare and higher education credits has never scared Matthew Shapiro. “I like rolling my sleeves up, looking at the numbers, figuring out
“I really value individuals who come from non-traditional backgrounds, who bring with them a different skill set and a different experience,” Ashlee Gabrysch said. Title: Director, Regional ManagerFirm: Fitch RatingsAge: 39 As Ashlee Gabrysch wrapped up her bachelor’s degree in interdisciplinary Slavic studies at the University of Chicago, she realized she might need to change
“My goal, whether I was in muni finance or any other part of the investment management industry, was to support females and help them advance,” Regina Gaysina said. Title: DirectorFirm: RBC Capital MarketsAge: 34 Regina Gaysina is the most active K-12 municipal financial advisor in New Mexico — and the only woman in her role
“We do different stuff for school districts than we do for anybody else,” said Mattie Prodanovic. Title: Senior Vice PresidentFirm: HilltopSecuritiesAge: 33 Having the right professor at the right time can make all the difference. Mattie Prodanovic enrolled at the Harris School of Public Policy at the University of Chicago thinking the public policy master’s degree she earned
The BNB Chain blockchain ecosystem is set to tap into Optimism’s rollup technology, powering its newly launched opBNB layer-2 scaling platform. BNB Chain announced the public mainnet launch of its Ethereum Virtual Machine (EVM)-compatible L2, which delivers lower gas fees and faster transactions to decentralized applications running within the ecosystem. The opBNB platform reportedly handled