PFM this week hired Nathaniel Singer, whose career spans nearly four decades in the municipal derivatives and advisory space, as a senior director and financial advisor. Singer, who started Wednesday, reports to Dan Hartman, chief executive officer of PFM. Singer will collaborate with professionals and practice groups across the firm and focus on all financial
Evidence shows that the states are collecting and spending more money due to federal action and a tax collection boon, a trend that started two years ago. “Over the past two years total state spending has been heavily impacted by federal COVID-19 aid and rising state tax collections,” said Brian Sigritz, director of State Fiscal
Britain is entering a “new era of higher taxation”, combined with strained public services and the longest stagnation in real wages for more than 200 years, two leading think-tanks said on Friday. Publishing their analyses of Jeremy Hunt’s Autumn Statement, the Institute for Fiscal Studies and the Resolution Foundation said the chancellor was dealing with
In today’s video we are going to be looking at ‘How to Pick Stocks’. There are so many companies to choose from when you are looking to invest, so where should you start? We are going to look at a few general ideas to start with and then delve further into what kind of research
Municipals improved again Thursday pushing the 10-year triple-A yield firmly below 3% while inflows into municipal bond mutual funds returned after 14 consecutive weeks of outflows. U.S. Treasuries saw losses and equities ended down after Federal Reserve officials tempered expectations of a slowdown in rate hikes. Triple-A yields fell by three to six basis points,
New California laws designed to alleviate the state’s housing shortage, combined with structural changes to working life unleased by the pandemic, have the potential to transform land use patterns and alter the tax structures underpinning local governments. Legislation approved by state lawmakers in September incentivizes converting underutilized retail space to housing. Lawmakers passed and Gov.
Major cryptocurrency exchanges continue to carry out measures in the aftermath of FTX collapse, now halting deposits in Solana-based Tether (USDT) and USD Coin (USDC). Binance announced on Nov. 17 that deposits of Solana-based USDT and USDC have been “temporarily suspended until further notice” on the platform. The exchange referred to the tokens as “USDT (SOL)”
Singapore’s state-owned investment firm Temasek revealed despite eight months of due diligence in 2021, it didn’t find any significant red flags in FTXs financials before deciding to invest $275 million into the now-bankrupt crypto exchange. Like many of FTX’s more than one million creditors, the Singapore-based firm has been left blindsided by the collapse of