(Bloomberg) — The swaps market is flashing warnings there could be a dash for dollar liquidity on a scale last seen at the start of the pandemic, according to Mizuho International Plc. Most Read from Bloomberg Andra Belcea, head of cross-currency swaps trading at Mizuho, flags the cross-currency basis — a measure of the extra […]
Hundreds of billions of dollars’ worth of frozen Russian government assets are sitting in banks across the U.S. and Europe and on Saturday a vote is expected in the House of Representatives that would pave the way for President Joe Biden to confiscate billions of them and hand it over to Ukraine. “Somebody has to […]
The owner of a Pittsburgh-area towing company is facing more than 100 charges after he was accused of inflating costs, charging customers thousands for short-trip tows and fraudulent fees, officials said. Vincent G. Fannick, 56, was charged on April 18 with “27 counts each of insurance fraud, theft by deception, theft by unlawful taking, and […]
After business owners on Beach Boulevard evacuated their customers from their building on Wednesday, customers didn’t come back, causing owners to lose thousands of dollars. >> STREAM ACTION NEWS JAX LIVE
Utilities across South Carolina face hundreds of millions of dollars in costs to cleanse drinking water of harmful “forever chemicals’’ now that the federal government has finalized a rule to make water safe from the potentially cancer-causing toxins. The U.S. Environmental Protection Agency rule, issued this week, will for the first time restrict the level […]
NAPERVILLE, Ill. – A Downers Grove man allegedly falsely claimed his tools were stolen in order to receive thousands of dollars in insurance payouts. Robert J. Sladek, 45, faces two counts of felony theft, two counts of insurance fraud, one count of forgery and one count of filing a false police report. In March 2022, […]
Numerous projects and organizations in Washington state are slated to receive funding through the latest round of Congressional funding packages, including millions in support for early childhood education, infrastructure, and universities. Nearly $242 million will be appropriated for projects across Washington state under two funding packages passed in March by Congress for the 2024 fiscal […]
The recently passed $5.2 billion state highway plan has more than $121 million for Fayette County road projects, including the widening of a section of Georgetown Road that has been discussed for decades. The Kentucky General Assembly passed House Bill 266 last week. The measure now heads to Gov. Andy Beshear’s desk for his approval […]
Less than a day before Donald Trump’s deadline to post a $464 million bond or risk his assets getting seized by the New York State Attorney General’s Office, his children are going to the media to complain about the cash squeeze. Trump’s younger son Eric Trump opined about the ordeal during an appearance on Sunday […]
Fishers estimates it will lose $10 million per year in future Hamilton County income tax dollars to Carmel after a judge ruled that the formula used to divide tax dollars between Carmel and Fishers is unconstitutional. For years the two cities have been at odds over the state’s local government funding formula — which benefits […]
Amidst growing economic uncertainties, Peter Schiff, a renowned investment strategist and economist, has voiced a compelling prediction: central banks around the globe are gearing up for a transition back to a gold standard. This assertion sheds light on the shifting dynamics of the world’s financial system and raises questions about the future of the U.S. […]
A group of homeowners in a Massachusetts beach town decided that the onus to protect their homes from intense coastal storms, erosion, and hurricanes was on them. The concerned group in Salisbury Beach pooled together about $560,000, which they paid for out of pocket, and trucked in over 14,000 tons of sand to build a […]