Although much of the news surrounding name, image and likeness focuses on one-off deals with national brands and lots of zeroes, the lasting impact of NIL will be how it changes a student athlete’s career beyond sport. After successfully running a program with BYU student athletes last year, Keller Williams is now expanding its unique
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In an effort to encourage issuers to use technology to attract new bond investors, BondLink will recognize the best advancements aimed at investors. BondLink, which builds technology products and investor relations pages aimed at helping modernize the muni market, named five winners of its inaugural “Investor Relations Awards.” The winners, five municipalities in three categories,
International analysts have called out the supposed use of the national security policy of the U.S. as a tool to justify the establishment of blockades and economic sanctions against countries like China and Russia. While U.S. Treasury Secretary Janet Yellen has recognized that a decoupling of the economies of the U.S. and China would be
Top investors have warned against complacency following the second-biggest bank failure in US history. Gathering for the opening day of the annual Milken Institute conference in Beverly Hills following the sale of First Republic to JPMorgan hours earlier, David Hunt, chief executive of $1.2tn asset manager PGIM, told delegates: “There is a little bit of
Las Vegas, Nevada, had its issuer default rating upgraded to AA from AA-minus by Fitch Ratings, which cited favorable visitor trends, healthier-than-anticipated revenues and federal aid. A stable ratings outlook has been assigned. The upgrade affects the series 2004 limited tax general obligation bonds issued by the Las Vegas Special Improvement District. The special improvement
In this article FANG ANET MGM SYK NXPI Follow your favorite stocksCREATE FREE ACCOUNT A monitor displays Arista Networks Inc. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Friday, Aug. 24, 2018. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in after-hours
US financial regulators have recommended partly revamping American deposit insurance to increase coverage for day-to-day business accounts as a way to reduce the risk of bank runs, such as the ones that brought down Silicon Valley Bank and First Republic. The Federal Deposit Insurance Corporation said such a targeted increase would be more cost effective
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JPMorgan Chase emerged as the winner in the auction to acquire the deposits and a “substantial majority of assets” of the troubled bank First Republic. This marked the failure of the third regional bank in the United States since March and laid open the vulnerabilities in the legacy banking system. Meanwhile, Bitcoin (BTC) has risen
Texas voters will decide the fate of 246 bond propositions totaling $26.67 billion on Saturday as the amount of debt on ballots continues a climb driven by public school district construction projects. Schools account for 92.5% of the property tax-backed debt in the upcoming election, according to Texas Bond Review Board data. Their new proposals
Experts predict the Federal Reserve likely will approve a quarter-percentage-point interest rate increase this week. This 0.25 percentage point hike will mark the 10th time the Fed has raised its benchmark interest rate over the past year or so, the fastest pace of tightening since the early 1980s. Consumers are now paying more to borrow while still
Nigeria, one of the world’s most curious nations about cryptocurrencies like Bitcoin (BTC), is preparing new industry regulations for digital asset platforms. The Securities and Exchange Commission (SEC) of Nigeria is considering allowing licensed digital exchanges to list tokens backed by certain assets, Bloomberg reported on May 1. According to SEC head of securities and
UK employers are pressing to suspend scheduled pension contributions amounting to tens of millions of pounds after many retirement schemes hit an unexpected surplus. Investment advisers to FTSE-listed companies with “defined benefit” pensions that pay a guaranteed income based on an employee’s salary and length of service, said employers are increasingly looking to reach agreements
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People are seen at the entrance of the UBS office in London, Britain March 20, 2023. Henry Nicholls | Reuters After identifying the 10 best analysts on Wall Street of the past decade, here is a list of the 10 top research firms. To create this list, TipRanks analyzed every stock recommendation made by investment research
The Reserve Bank of Zimbabwe (RBZ) has said it will start issuing gold-backed digital tokens on May 8. The first phase of the launch will see the digital tokens being issued for “investment purposes with a vesting period of 180 days.” The RBZ also revealed that the gold-backed digital tokens “would be used both as
China’s manufacturing activity contracted in April, official figures showed, as global demand for goods slowed and Communist party leaders warned that a post-Covid recovery in the world’s second-largest economy had yet to gain solid footing. The National Bureau of Statistics’ purchasing managers’ index fell to 49.2 points compared with 51.9 in March, falling below analyst
Top Stories This Week Circle launches cross-chain USDC transfer protocol Circle launched a cross-chain protocol that enables USDC transfers between the Ethereum and Avalanche blockchains. The protocol works by burning the selected amount of native USDC on the source chain, and minting an equivalent amount of new USDC on the intended destination chain. The protocol
After a midseason move last year to the New Orleans Pelicans, NBA player Larry Nance Jr. is looking to trade away his Lake Oswego home. The former Portland Trail Blazers power forward is asking for $2.1 million for the Oregon property, which sits some 20 minutes south of downtown Portland. Nance joined the Trail Blazers
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