Author: IA PressRoom

Now that the U.S. debt-ceiling fight finally is resolved, the Treasury is expected to unleash a flood of bill issuance to help refill its coffers run low by the protracted standoff in Washington, D.C., over the government’s borrowing limit. The question is, who will buy them and at what price? Treasury bills are debt issued by the U.S. government that mature in four to 52 weeks. New bill issuance could reach about $1.4 trillion through the end of 2023, with roughly $1 trillion flooding the market before the end of August, according to an estimate from BofA Global strategists. They…

digitally generated image of money twister. getty Don’t let the debt-ceiling fracas (or whatever doomsday scenario the media is obsessing over on any given day) distract you: this economy is better than it’s been in years—even if that hasn’t (yet) shown up in the stock market. This disconnect between what the media is preaching and the facts on the ground is more than a fact—it’s an opportunity for us contrarian dividend investors. And we’re going to exploit it with our favorite investments: bargain-priced (and high-yielding!) closed-end funds (CEFs). Thanks to all the irrational gloom out there, many CEFs still trade…

© Reuters. FILE PHOTO: European Central Bank Governing Council member Ignazio Visco gestures as he speaks during an interview with Reuters, in Rome, Italy, May 31, 2021. REUTERS/Guglielmo Mangiapane/File Photo ROME (Reuters) – The rapid decline in energy costs should help to tame inflation in Europe, Bank of Italy governor Ignazio Visco said on Saturday, urging companies not to seek to boost their margins by leaving prices higher for longer. Visco, a member of the European Central Bank’s governing council, said the key issue was what happened to inflation now that energy prices had retreated from peaks hit after last…

As Dogecoin continues to capture the attention of the cryptocurrency market, a recent development has raised eyebrows among investors and enthusiasts. Elon Musk, the influential billionaire and Tesla CEO, is now facing an insider trading lawsuit specifically related to his tweets and statements about Dogecoin.The lawsuit alleges that Musk’s actions and endorsements may have manipulated the price of Dogecoin, leading to questions about his intentions and whether he is intentionally pumping meme coins for personal gain. This lawsuit adds a new layer of uncertainty to the future of Dogecoin and prompts speculation about its price trajectory. In this Dogecoin price prediction, we will…

Employees of the City of Dallas, Texas, must use people’s preferred pronouns or risk termination, according to recently publicized documents.An internal document titled “Workplace Gender Transition Protocols & FAQ” explains the city’s expectations for conduct regarding transgender individuals.The guidelines explain that “gender transition” can refer to a spectrum of situations, all of which are equally protected.DALLAS APOLOGIZES AFTER SENDING KIDS HOME WITH WINNIE THE POOH-THEMED SCHOOL SHOOTING BOOK Buildings stand along the skyline of Dallas, Texas. Dallas is the third-largest city in Texas and the ninth-largest city in the U.S.  (Matt Nager/Bloomberg via Getty Images)The document reads, “Transition may include…

CharlieAJA The end of the earnings season is on the horizon, but there are still several notable companies scheduled to release their reports in the upcoming weeks. These reports carry significant implications for sectors such as energy, software, retail, autos and more. In the upcoming week, a range of prominent companies, including Dave & Buster’s Entertainment (NASDAQ:PLAY), NIO Inc. (NYSE:NIO), DocuSign (NASDAQ:DOCU), GameStop (NYSE:GME) and FuelCell (NASDAQ:FCEL), are scheduled to release their quarterly earnings reports. These earnings announcements are highly anticipated and will be closely monitored. Additionally, the week will also feature earnings results from Campbell Soup (NYSE:CPB), Trip.com Group…

New research found that seagulls mimic human food choices, which is why they steal your food. Research by the University of Sussex found gulls studied human behavior and applied the knowledge. The researchers said it showed intelligence and helped the birds adapt to their environment. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app Seagulls are infamous for their apparent appetite for grabbing beachgoers’ food by surprise. But new research suggests that it is a sign of intelligence after scientists at a British university found…

When Antony Knights and his wife, Louise Firth, first noticed that their British Airways flight to Berlin from London’s Heathrow airport was listed as delayed, they were neither surprised nor very concerned. But shortly afterwards they and others waiting for the flight, on May 25, were shocked to be told to leave the airport terminal. Their service, like around 80 other British Airways departures that day, had been cancelled because of a computer fault leading to misery for thousands of travellers as knock-on disruption forced the cancelling of more departures the following day.The experience of the couple — who had…

© Reuters. FILE PHOTO: The logo of the Organisation of the Petroleum Exporting Countries (OPEC) sits outside its headquarters ahead of the OPEC and NON-OPEC meeting, Austria December 6, 2019. REUTERS/Leonhard Foeger//File Photo By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON (Reuters) – OPEC and its allies begin two days of meetings on Saturday which may culminate in further production cuts of as much as 1 million barrels per day, OPEC+ sources told Reuters, as the organisation faces flagging oil prices and a looming supply glut. OPEC+, which groups the Organization of the Petroleum Exporting Countries and allies…

An episode of Adult Swim’s cartoon Rick and Morty has inspired the latest meme coin on Uniswap, with the apparent help of an Elon Musk tweet – Pick Or Rick (RICK) token.The RICK/WETH pair made the top ten hot pairs on DEXTools today, at points being the #1 trending token, higher than Pepe (PEPE).Launched at 22:00 UTC on June 2nd, Pick Or Rick coin pumped 16,000% in the past 24 hours, which is not uncommon for a newly listed meme coin with a low market cap and few holders. There are currently only 467 holders of $RICK token.Elon Musk Tweets…