Last week, Congressional Republicans escalated the ongoing partisan battle over environmental, social, and governance (ESG) investment policies. The House Republican ESG Working Group released a report titled “The Failure of ESG: An Examination of Environmental, Social and Governance Factors in the American Boardroom and Needed Reforms.” This move signifies a significant pushback against the increasing
The Omaha City Council recently approved the placement of a $333.4 million general obligation bond referendum on the upcoming general election ballot. The funds from this bond will be allocated to various critical areas such as sewer construction and improvements, streets and parking, public safety and convention center facilities, parks and recreation, highways and bridges,
Recent data has shown that mortgage interest rates have dropped to the lowest level since May 2023, resulting in a surge in mortgage demand from both homebuyers and current homeowners. The Mortgage Bankers Association reported a 6.9% increase in total mortgage application volume last week compared to the previous week. This spike in volume marks
Bitcoin, the leading cryptocurrency in terms of market capitalization, has recently experienced a “death cross” on its short-term charts. This event occurred following a significant sell-off in the cryptocurrency market, which saw Bitcoin dropping to a low of $49,050 in a single trading session. This sharp decline resulted in the erasure of over $370 billion
Disney has announced that it will be increasing the prices of its streaming platforms starting in mid-October. The new pricing model will see most plans for Disney+, Hulu, and ESPN+ go up by $1 to $2 per month. The most significant increase will be for the most expensive plans for Hulu, including live TV, which
In a landmark decision, the Tampa Bay Rays have finally received the green light from local governments to move forward with their ambitious plan to build a new government-subsidized ballpark in St. Petersburg, Florida. After months of negotiations and uncertainty, the Pinellas County Commission voted 5-to-2 in favor of committing a sizable amount of $312.5
The recent fluctuations in the foreign exchange markets have caused a significant impact on the U.S. dollar, leading to increased volatility in the Dollar Index. After hitting a seven-month low, the dollar has managed to reverse some of its losses, trading 0.4% higher at 102.907. This surge comes at a time when fears of a
Piper Sandler recently upgraded CrowdStrike to overweight from neutral amidst the crises surrounding the global tech outage. Analyst Rob Owens believes that the cybersecurity company has the potential to make a strong rebound, urging investors to buy the dip. Despite lowering his price target by $20 to $290, Owens sees a 30.6% upside for the
Yum Brands recently reported a mixed quarter with both Pizza Hut and KFC experiencing declining same-store sales. The company’s CEO, David Gibbs, attributed this to the impacts of the Middle East conflict and a more cost-conscious consumer base. Yum Brands reported second-quarter earnings per share of $1.35 adjusted, slightly beating analysts’ expectations of $1.33. However,
The recent volatility in the currency markets has been largely driven by a combination of factors, including uncertainties surrounding global economic conditions, disappointing earnings reports from major tech companies, and concerns over the Chinese economy. Last week’s softer-than-expected U.S. job data added to the unease, leading to a sell-off in stocks and high-yielding currencies. The