The return of football season in the US has sparked a significant increase in sports betting activity, with projections indicating that U.S. adults will wager a staggering $35 billion during the NFL season. This represents a notable growth of over 30% from the previous year’s total of $26.7 billion. Several states, including Maine, North Carolina,
As the Inflation Reduction Act (IRA) approaches its two-year mark, states have only managed to capture a fraction of the potential funding opportunities provided by the Biden administration’s signature climate legislation. Reports indicate that, on average, states have accessed approximately 7% of the available funds. This limited uptake is attributed to the fact that the
Steph Curry, the legendary NBA player with four championships under his belt, is already setting his sights on a life beyond basketball. In a recent interview with CNBC’s “Squawk on the Street,” Curry discussed his career trajectory, his business ventures, and his aspirations for the future. Despite being a 10-time NBA All-Star, Curry is thinking
Manhattan, New York, is famous for its exorbitant prices when it comes to real estate. The median price per square foot in the city is a staggering $1,500, making it one of the most expensive places to live in the world. However, there are alternative options available in popular Mediterranean destinations that offer significantly more
The recent asset allocation report released by Tiger 21, a network of ultra-high-net-worth investors and entrepreneurs, has shed light on the unconventional investment strategies adopted by its members. Contrary to popular belief, more than half of Tiger 21’s members do not invest in chip darling Nvidia. The report revealed that 57% of its members have
Rep. Steven Horsford, a Democrat from Nevada, is anticipated to fill the vacant seat on the Ways and Means committee following the passing of Rep. Bill Pascrell from New Jersey. This decision comes after Rep. Pascrell sadly passed away last month due to a respiratory illness at the age of 87. The National Association of
The North Texas Tollway Authority (NTTA) is embarking on a $1.126 billion deal to seek savings through bond refundings and tenders. This deal, which is the highlight of this week’s municipal bond sale calendar, includes two series of tax-exempt debt. The first series consists of $446.14 million of first-tier revenue bonds, aiming to fund a
With the Federal Reserve poised to cut interest rates in September, the focus shifts to dividend-paying stocks as potential outperformers in the market. The allure of these stocks lies in their attractive dividend yields in comparison to other income-generating assets like bonds. However, given the vast array of companies offering dividends, investors may find it
The cryptocurrency market has been facing a bearish sentiment throughout the past week, with the total market cap dipping to $2.04 trillion, according to CoinMarketCap. This represents a 0.39% decrease in the last 24 hours, raising concerns among investors as the market cap approaches the significant $2 trillion mark. Bitcoin (BTC), the leading cryptocurrency by
As we head into the month of September, the cryptocurrency market is gearing up for what could potentially be a period of high volatility. The focus is primarily on key economic data releases, especially those related to employment, which have historically played a significant role in shaping the performance of digital assets. With several important