For seven years, every opportunity zone conversation carried the same warning: Hurry — the benefit ends at the close of 2026. Reinvest now or lose the deferral. Processing Content That urgency drove billions into qualified opportunity funds and shaped how every practitioner advised clients. That framework is now wrong in two directions. The One Big…
Key insight: The Federal Reserve is considering whether it should voluntarily adhere to the Security and Exchange Commission’s new rule on central clearing for Treasury security transactions. Expert quote: “The clearing mandate does not apply to the Federal Reserve’s transactions. However, I believe the [Federal Open Market Committee] could make its open market operations more…
A bidding war has broken out for EasyJet, the British low-cost airline, with the second American private-equity bid.
An EasyJet Airbus A320 aircraft is seen at Malpensa Airport near Milan, Italy, October 3, 2018. Stefano Rellandini | Reuters EasyJet said Friday it is considering a $7.7 billion takeover bid from Apollo Global Management. Under the terms of the cash offer, easyJet shareholders would be entitled to £7.15 ($9.61) per share of the company,…
Utah’s Security Home Mortgage and its parent company, Capital Community Bank, announced a strategic rebranding of their businesses to unify the financial institution under a single identity. Processing Content Beginning Aug. 17, the businesses will be known as Accordia Mortgage and Accordia Bank. Corporate leaders said the decision was driven by the company’s growth and…
It’s not a dramatic climb, but mortgage rates are creeping higher as the Iran ceasefire continues to deteriorate. The renewed fighting quickly drove up oil prices and bond yields, and we’ve seen mortgage rates head upward, too. The average interest rate on a 30-year, fixed-rate mortgage rose to 6.42% APR, according to rates provided to…
This summer, billions of dollars have poured into FIFA Men’s World Cup sponsorships. Brands are competing for visibility during one of the largest sporting events on earth. Stadium signage, television commercials, social campaigns, athlete partnerships, hospitality activations—every marketer wants a piece of the action. And for good reason. Few events command global attention quite like…
Investors were eagerly calling on next-generation communications company Bandwidth (BAND +11.28%) over the past few days. Much of this enthusiasm can be traced to a significant price target raise from an analyst tracking the telecom stock. According to data compiled by S&P Global Market Intelligence, as of early Friday morning, the stock was up 14%…
When Gianni Infantino, 56, was elected to take over FIFA in 2016 – following his predecessor Sepp Blatter’s ousting in a corruption scandal – there were hopes he would wield a new broom. The message from his office, says The Times, is that he has done just that. On his watch, a new FIFA has…
Rethinking recruitment and retention when the talent pool shrinks Shawn Gibson, Chief Human Resources Officer at Infotech Research Group in London, Ont., says the population numbers from StatCan track with what he has already seen on the ground, particularly in a technology sector that has historically leaned on immigration to fill skills gaps. “I think it’s something to be concerned about, definitely in a pool where many…