In the rarified air of academic excellence, few institutions command the respect and resources that Harvard University does. However, recent developments surrounding a bond sale reveal the cracks in this illustrious facade, leading to serious scrutiny from political figures, notably New York Republican Rep. Elise Stefanik. Her request for the Securities and Exchange Commission (SEC)
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It’s hard to overstate the malaise currently engulfing the housing market. As higher mortgage rates persist and economic insecurity festers, the National Association of Home Builders’ (NAHB) Housing Market Index (HMI) has reported a disheartening dip in builder sentiment. June figures show a drop of two points to a gloomy score of 32, reflecting a
In a city boasting a rich sports culture, the recent approval of a $900 million arena for the Oklahoma City Thunder through a bond-financed deal raises eyebrows among taxpayers and community members. The deal, which guarantees that the team will remain in Oklahoma City through at least 2053, appears on the surface to be a
In the often tumultuous world of defense contracting, one prevailing truth emerges: failure can still yield substantial profit. Recent assessments of President Trump’s ambitious missile defense project, the “Golden Dome,” suggest that its potential inability to meet expectations may not hinder the upward trajectory of major defense stocks. Analyst Douglas Harned from Bernstein encapsulates this
As former Treasury Secretary Lawrence Summers predicts, the anticipation surrounding Donald Trump’s next selection for Federal Reserve Chair brings a mix of optimism and skepticism. While Summers expresses confidence that Trump will appoint a widely accepted candidate, the reality of political dynamics suggests otherwise. With the president’s proclivity for disrupting norms, one can’t help but
Once regarded as a negligent contender in the online investing arena, JPMorgan Chase is now positioning itself as a formidable player. The major financial institution recently announced groundbreaking tools designed to facilitate research and transactions in bonds and brokered certificates of deposits (CDs) via its mobile application. This tactical shift signifies not just an upgrade
The notion that the wealth disparity in America reflects pure meritocracy is a dangerous myth. As a staggering 23.8 million millionaires have emerged in the United States as of 2024, it paints a picture that could easily mislead. With a reported 379,000 new millionaires minted last year alone, it’s easy to conflate this financial growth
In a twist that neither the market nor Warren Buffett himself anticipated, the stock of Berkshire Hathaway has plummeted by over 10% following his announcement to transition out of the CEO role. This stark reality serves as a testament to the significant influence one individual can have on the value of a conglomerate, and it
The Federal Reserve’s recent decision to maintain its interest rates has sparked a whirlwind of commentary and speculation. At the heart of this decision lies a complex interplay between economic pressures, political motivations, and the overarching goal of fostering a thriving financial climate for U.S. citizens. With President Donald Trump intensifying his calls for rate
As economic uncertainty looms over global markets—defined by geopolitical frictions and erratic tariff structures—the concept of alternative investments is swiftly rising to the forefront. Historically long sidelined, these investments are increasingly being considered by financial advisors who see them not as a mere luxury but as a necessity for a diversified portfolio. A recent survey