10+ hour, 7+ min ago  (294+ words) The latest U. S. transportation finance data show state and local governments continue to carry most highway and transit spending across the country. The final 2024 release also shortens the timeline for publishing these statistics, with BTS moving final data to May and…...

9+ hour, 6+ min ago  (235+ words) A U. S. House subcommittee is examining whether environmental nonprofit litigation under federal fee-shifting statutes is imposing added costs on taxpayers. The hearing centers on laws tied to challenges against government actions, including provisions linked to the Endangered Species Act and the…...

2+ day, 10+ hour ago  (335+ words) Mounting stress at a Downtown Los Angeles office tower is pressuring bondholders in the BFLD 2020-EYP commercial mortgage-backed securities deal. KBRA says weaker occupancy, foreclosure proceedings and widening interest shortfalls are driving fresh downgrades while expected principal losses remain significant....

2+ day, 10+ hour ago  (283+ words) The U. S. Small Business Administration is expanding access to government-backed capital for small businesses by allowing eligible borrowers to combine 7(a) and 504 loans for up to $10 million. The rule takes effect on July 4 and lifts the agency's maximum financing offering to its…...

2+ day, 12+ hour ago  (342+ words) Traders Union Large employers pay rising wage premium to lower-wage workers, Matthew Yglesias notes Matthew Yglesias highlights that large employers are paying higher wages, with a growing wage premium especially notable for lower-wage workers. Yglesias references a new book by…...

1+ week, 1+ day ago  (315+ words) Federal prosecutors are pursuing charges in an alleged violent robbery scheme that targeted cryptocurrency holders across several California cities. The case centers on accusations that three Tennessee men stole about $6. 5 million in digital assets after forcing at least one victim…...

1+ week, 2+ day ago  (186+ words) Traders Union South Jersey Transportation Authority bonds face negative watch over toll revenue risk Post-pandemic traffic patterns continue to weigh on the financial outlook for South Jersey Transportation Authority debt backed by toll collections. The review highlights pressure on bond…...

1+ week, 4+ day ago  (390+ words) Traders Union Garry Tan: San Francisco Prop D threatens higher taxes and local business closures Garry Tan, president and CEO at Y Combinator, warns that San Francisco Proposition D would impose an 800% increase in gross receipts tax, potentially impacting local…...

1+ week, 6+ day ago  (369+ words) Traders Union Andrew Lokenauth: Nvidia CEO Jensen Huang faces $8 billion California wealth tax Andrew Lokenauth, industry influencer, highlights that Nvidia CEO Jensen Huang could be required to pay $8 billion if California's proposed wealth tax is implemented. Huang responded by saying…...

2+ week, 12+ hour ago  (376+ words) Artem Shendetskii has been passionate about journalism since his university years, where he ran a sports column in the student newspaper and contributed articles to various online sports publications. Over time, his interest shifted toward financial journalism. In late 2019, Artem…...