The public health care system in Texas’ biggest county is seeking $2.5 billion of bond authorization to address critical capacity problems at its two hospitals, which serve a fast-growing population. The Harris Health System Board of Trustees unanimously agreed late last month to ask Harris County commissioners to place the bonds on the November ballot,
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Explosions shattered the glass windows of Sally Abdel Mahmoud’s home in Khartoum, the Sudanese capital. Her car was hit by shrapnel, and a shell landed on the house next door. “My youngest son screamed that ‘we will all die’ every time we heard an explosion,” said Abdel Mahmoud, who fled the war-torn country to Egypt
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US Treasury secretary Janet Yellen has warned of a “constitutional crisis” that risks economic and financial catastrophe if Congress does not raise the federal debt limit, with the government in danger of running out of cash in the absence of new borrowing capacity. The White House and Republican lawmakers are in a stalemate over lifting
In this article NET AMBA WPRT-CA ACMR NVDA Follow your favorite stocksCREATE FREE ACCOUNT 2016A statue is seen next to the logo of Germany’s Deutsche Bank in Frankfurt, Germany. Kai Pfaffenbach | Reuters Technology stocks outperformed the broader markets over the past decade. Thanks to the bull run, the tech-heavy Nasdaq 100 Index (NDX) gained
Internet payment processor Stripe has introduced a fiat-to-crypto onramp to address the “cold start problem” faced by Web3 companies as a result of customers not having “crypto in their wallets to carry out transactions.” According to a May 4 statement, Stripe’s newly launched fiat-to-crypto onramp service will enable Web3 companies to provide their US-based customers
Top Stories This Week Memecoin hype drives Bitcoin transaction fees to multi-year highs The ongoing trading frenzy of memecoins like Pepe has triggered an unwanted consequence for Bitcoin (BTC) — raising its transaction costs to their highest point in two years. On May 3, the total amount of fees paid on the Bitcoin blockchain reached
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Berkshire Hathaway CEO Warren Buffett on Saturday assailed regulators, politicians and the media for confusing the public about the safety of U.S. banks and said that conditions could worsen from here. Buffett, when asked about the recent tumult that led to the collapse of three
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting. OMAHA, Neb. — Warren Buffett said Saturday that Berkshire Hathaway doesn’t plan on taking full control of Occidental Petroleum, an oil giant where it has amassed a stake north of 20%. related investing news Berkshire Hathaway’s
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The wheels of the global luxury real estate market keep turning with new sales and new listings popping up every day. Here’s a look at what’s up for grabs and what’s been sold across five distinct United States markets. FOR SALE—$8.3 Million (San Diego, California) Standing at the western boundary of San Diego’s historic 1,200-acre
In theory, quadratic funding could be an effective way to support journalism by encouraging a diverse range of people to contribute to creating news and sharing information. Regardless of their financial resources, a broad spectrum of people can be encouraged to contribute to journalism through quadratic funding. By increasing the diversity of viewpoints and voices
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Earnings for Warren Buffett’s Berkshire Hathaway jumped in the first quarter, thanks in part to a rebound in the conglomerate’s insurance business. Operating earnings, which encompass profits
Efforts to transition to trade in national currencies in the Shanghai Cooperation Organization (SCO) can no longer be stopped, according to Russian Foreign Minister Sergey Lavrov. During a meeting with his colleagues in India, Moscow’s top diplomat also discussed the similar initiative within BRICS. Sergey Lavrov Convinced SCO Countries Will Switch to National Currencies, Won’t
In this article CLVT Follow your favorite stocksCREATE FREE ACCOUNT Eclipse_images | E+ | Getty Images Company: Clarivate (CLVT) Business: Clarivate is a global information, analytics and workflow solutions company. It operates through three segments: (i) Academia and Government, which is about 49% of revenue and comprised of information and software services used to conduct,
It did not matter to climate change activists that Citigroup and Bank of America held their annual shareholder meetings online this year. Protesters showed up at the banks’ offices anyway to rail against fossil fuel lending. Extinction Rebellion demonstrated outside Citigroup’s headquarters in Tribeca in New York in late April. And at the same time,
People at the See’s Candies display at the Berkshire Hathaway Shopping Day event, May 5, 2023. David A. Grogan | CNBC Berkshire Hathaway‘s annual shareholder meeting this weekend is kicking off with a shopping extravaganza. Called the “Berkshire Bazaar of Bargains,” the shopping event is a tradition at the yearly convention. With over 20,000 square
Tim Harford’s “The perilous elitism at the heart of economics” (FT Magazine, Life & Arts, April 15) correctly highlights how economics, my own area of specialisation, is elitist to a fault. His assessment largely coincides with my impression, both personal and from the data. I’d also point out that a lack of economists with more
Highland Park, Michigan, would get a $20 million lifeline under an appropriation Senate Democrats put in their version of the state budget to help pay down a $24 million water and sewer debt the city has warned could drive it into bankruptcy. The city just north of Detroit owes the Great Lakes Water Authority $24
Municipals were steady to close out the week, while U.S. Treasuries sold off on the heels of a stronger-than-expected jobs report. Equities rallied. Stronger-than-expected hiring and wage growth data on Friday caused “[UST] bond yields to climb while equities are advancing because the data is helping alleviate concerns of a potential recession,” said José Torres,