CommonSpirit Health added disclosure of a ransomware attack to its offering statements this week as the nation’s largest not-for-profit system prepares to enter the market with a $1.5 billion transaction, underscoring the acute threats posed to borrowers across the municipal spectrum. The Chicago-based Catholic system created through the 2019 merger of Catholic Health Initiatives and
The United States Consumer Price Index (CPI) increased 8.2% annually in September, beating economists’ expectations of an 8.1% rise. The CPI print lived up to its hype and caused a sharp, but short-term increase in volatile risk assets. The S&P 500 oscillated inside its widest trading range since 2020 and Bitcoin (BTC) also witnessed a
The outlook on Hawaii’s Aa2 rating was lowered to stable from positive by Moody’s Investors Service ahead of an $800 million taxable general obligation bond deal. The outlook revision “reflects our expectation that given its significant tourism industry, lagging demographic trends, and already high cost of living, Hawaii is vulnerable to high inflation and potentially
In this article WFC DAL BYND PNC HHC Follow your favorite stocksCREATE FREE ACCOUNT Delta Airlines passenger jets are pictured outside the newly completed 1.3 million-square foot $4 billion Delta Airlines Terminal C at LaGuardia Airport in New York, June 1, 2022. Mike Segar | Reuters Check out the companies making headlines in midday trading
Check out the companies making headlines before the bell: Albertsons (ACI) – Albertsons lost 4.1% in the premarket after announcing a merger deal with supermarket rival Kroger (KR). Albertsons surged 11.5% Thursday after sources told CNBC the two sides were in talks to combine. Kroger shares slipped 3%. JPMorgan Chase (JPM) – JPMorgan Chase shares added
All the answers here are linked in some way. Once you’ve spotted the link, any you didn’t know the first time around should become easier. What kind of animal is the world’s smallest mammal (by mass)? What is the oldest continually occupied castle in the world? Which Stephen King novel has the shortest title? Which
In recent years, the Art Basel fairs have been edging towards more openness to young galleries. Not only have they relaxed some of the more stringent criteria for scoring a coveted place in their grand fairs, they are even offering various kinds of subsidy and financial help towards the high costs (and considerable risks) facing
The UK prime minister’s U-turn on corporate tax is likely to leave a black hole of several tens of billions of pounds in the public finances, economists warn. Liz Truss said on Friday that she will revert to an increase in the corporate levy to 25 per cent, as announced by Rishi Sunak and the
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Maryland Heights, Missouri, forwarded the funds needed to cover a delinquent debt service payment for revenue bonds issued for its community ice arena, but not before triggering a two-notch downgrade that sent its certificates of participation to junk. The Centene Community Ice Center, which serves as the practice facility for the National Hockey League’s
Bankruptcy Judge Laura Taylor Swain approved the Plan of Adjustment for the Puerto Rico Highway and Transportation Authority, reducing its debts by 80% and saving it more than $3 billion in debt service payments. Swain approved the HTA debt plan on Tuesday in the U.S. District Court for the District of Puerto Rico. Swain overruled any prior
Huobi Token (HT) has been up 12% in the last 24 hours and is one of the few cryptocurrencies bucking the general downtrend. Trading at over $7, HT’s price is up over 80% since the beginning of this week, which is also its best weekly performance since February 2021. HT’s intraday gains coincide primarily with
Few things are more quintessentially, uniquely American than Minor League Baseball. Played out in small and not-so-small cities from Portland, Me. to San Bernardino by teams both affiliated and unaffiliated with Major League Baseball, the summer game on the minor league level proves an affordable, entertaining night out. As a bonus, it’s a coalescing force
Despite the deepening economic and political uncertainty, London’s Frieze art fairs opened to much enthusiasm this week. Visitors to the temporary tents in Regent’s Park included the American actor Jared Leto, tennis legend Maria Sharapova and Rishi Sunak, the MP who lost out to Liz Truss in the latest competition to become the UK’s prime
Kwasi Kwarteng has quashed calls to impose a new “tax” on Britain’s banks that might have raised billions of pounds, following strong opposition from the sector and warnings that the costs would be passed on to consumers. The UK chancellor was urged by influential economists to raid what one banker called the “ultimate cash behind
GlaxoSmithKline said its potential new blockbuster shot for respiratory syncytial virus appears to be more effective than rival Pfizer’s vaccine candidate, as the pair compete for a new market protecting older adults against the common lung infection. In data released on Thursday, GSK said its vaccine showed overall efficacy of 82.6 per cent in a
In this article DCT DWAC Follow your favorite stocksCREATE FREE ACCOUNT The social media app will be developed by Trump Media and Technology Group (TMTG). Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines in after-hours trading. Digital World — The company aiming to take public Truth Social, Donald Trump’s media
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Municipals were firmer in secondary trading Wednesday as the largest deal of the week, a $700 million offering from the New Jersey Turnpike Authority, took focus in the primary. U.S. Treasuries made gains and equities ended mixed after the Federal Open Market Committee minutes signaled continued tightening. “The Fed Minutes showed tightening will continue even
Moody’s Investors Service raised its outlook on Ohio’s Aa1 rating to positive, citing the state’s strides in branching out into new economic arenas that could bolster lagging growth and weak demographic trends. Tuesday’s action came one month after Fitch Ratings lifted the state’s rating to AAA and on the same day Gov. Mike DeWine announced