Illinois is closing the gap with its peers in the municipal-bond market as investors herald the passing of an on-time budget and a broad improvement in the state’s fiscal standing. from Bloomberg Markets https://ift.tt/fV2ieLX
The iShares 20+ Year Treasury Bond ETF (Ticker: TLT) may be the ultimate Fed fighting ETF. Bloomberg’s Athanasios Psarofagis explains. (Source: Bloomberg) from Bloomberg Markets https://ift.tt/gpDYlxH
The network of accounts likely used generative AI tools to create text for comments left on posts from media publications and public figures, Meta said. https://www.wsj.com/articles/meta-takes-down-inauthentic-accounts-on-facebook-instagram-linked-to-israeli-firm-cb03821f
West Virginia Democrats sought to push back on rumors this week that outgoing Sen. Joe Manchin, who was expected to retire, might be mounting a surprise campaign for governor. The conjecture intensified after Manchin was reportedly bombarded by people urging him to run at an event at the Greenbrier resort in White Sulphur Springs, according…
‘Ruinous Gods’ struggles to find musical or narrative coherence in its depiction of the toll forced migration takes on children; Denis O’Hare and Lisa Peterson’s ‘The Song of Rome’ offers a sophisticated modern spin on Virgil’s ‘Aeneid.’ https://www.wsj.com/articles/spoleto-festival-usa-review-timely-opera-and-ancient-drama-8d31525a
President Joe Biden told Black voters the balance of the Supreme Court was at stake in his November rematch against Republican Donald Trump as he sought to shore up his standing with a key part of his electoral coalition. from Bloomberg Politics https://ift.tt/M7VJew1
US Deputy Treasury Secretary Wally Adeyemo said Chinese firms must cease supplying components that can be utilized by Russia in weapons used to attack Ukraine or face consequences. from Bloomberg Politics https://ift.tt/GV8tyjB
European markets closed lower on Wednesday after the Stoxx 600 index extended losses. https://www.cnbc.com/2024/05/29/europe-markets-open-to-close-rate-cuts-inflation-stocks-.html
Kate Middleton has “turned a corner” with her cancer treatment as the Princess of Wales continues her recovery behind palace doors. The claim was made by an unnamed pal to Katie Nicholl, royal author and Vanity Fair correspondent. According to the insider, the mother of three has been healing away from the public eye and…
Former FTX co-CEO Ryan Salame was sentenced yesterday to 90 months in prison, according to Damian Lewis, the United States Attorney for the Southern District of New York. Salame previously pled guilty to conspiring to make illegal political contributions and defraud the Federal Election Commission and to conspiracy to run an unlicensed money-transmitting business before…