The economy has momentum and gross domestic product should increase 3% this year with the unemployment rate dropping to 5%, leaving the middle of the year as a "good guess" for when the Fed will consider rate hikes, Federal Reserve Bank of San Francisco President John Williams said in a televised interview Friday.
In an unusually competitive election season in the GOP dominated Lone Star State, candidate platforms include moves that could impact state and local finances.
Bondholders agreed to extend the lender longstop date, giving developers more time to test the LAX SkyLink project and avoiding an imminent technical default.
The long end of the curve has stabilized at very attractive yields, according to CreditSights' Pat Luby, inviting insurance companies and banks into the negotiated market.
"The regulatory environment has become increasingly complex and overwhelming for smaller firms," said Sycamore Advisors LLC president Diana Hamilton.
U.S. Secretary of Transportation Sean Duffy says the loan will allow the long-sought bridge and Bayway project to be built.
Data centers are expected to produce $1.3 billion in tax revenue for Loudoun County this year, but opponents say the exemptions are costing much more than the property taxes they are generating.
