A new ETF is trying to capture profits in the municipal funds space.BondBloxx's Joanna Gallegos is behind the IR+M Tax-Aware Short Duration ETF (TAXX) — which launched less than a month ago. "When you think about municipal bond portfolios, you really want people to think beyond them and look for the...
Year: 2024
Winning ticket for Mega Millions $1.128 billion jackpot sold in New Jersey — here’s how much the winner will owe in taxes
Xavier Lorenzo | Moment | Getty ImagesThere is officially one winner for the $1.128 billion Mega Millions jackpot — and the taxman will take a sizable share, experts say.A single ticket sold in New Jersey won the game's fifth-largest grand prize after matching all six numbers drawn Tuesday night, Mega...
Private equity firm Silver Lake to take entertainment company Endeavor private at $27.50 a share
Ariel Emanuel, Chief Executive Officer, Endeavor, at the New York Stock Exchange, April 29, 2021.Source: NYSEPrivate equity firm Silver Lake announced Tuesday that it's acquiring entertainment company Endeavor Group Holdings for $27.50 a share.Endeavor's stock rose more than 2% Tuesday afternoon after a brief halt ahead of the announcement. It...
Here are the best places in the world to do business
Singapore topped the list on the Economist Intelligence Unit's business environment ranking.franckreporter | E+ | Getty ImagesSingapore, Denmark and U.S. are the best places in the world to conduct business, according to the Economist Intelligence Unit business environment ranking."Singapore will remain the best geography in the world to do business,...
Fed officials still expects rate cuts this year, but not anytime soon
Cleveland Federal Reserve President Loretta Mester said Tuesday she still expects interest rate cuts this year, but ruled out the next policy meeting in May. Mester also indicated that the long-run path is higher than policymakers had previously thought. Her fellow policymaker, San Francisco Fed President Mary Daly, also said...