Growing indicators suggest bonds from assisted living facilities and nursing homes may show increasing defaults in the coming months. Through the first six months of 2023, Municipal Market Analytics’ Default Trends found that 4.17% of all retirement sector par became impaired, compared to 3.09% of the sector’s par that became impaired in all of 2022.
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Dementia experts have hailed the latest landmark in the treatment of Alzheimer’s after Eli Lilly released trial results that showed its new drug significantly slowed memory loss and cognitive decline. The US pharmaceuticals group on Monday reported full findings of its phase 3 clinical study of donanemab at the Alzheimer’s Association International Conference in Amsterdam,
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CLabs, the organization responsible for developing the Celo blockchain, is seeking to return to the Ethereum ecosystem by transitioning from an independent EVM-compatible layer-1 blockchain to an Ethereum layer-2 solution.  According to a proposal discussion on Celo’s governance forum, the transition would include leveraging OP Stack as the architecture to become an Ethereum L2 blockchain,
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Senator Cynthia Lummis, a Republican from Wyoming, has taken to Twitter to emphasize the significance of a recent court ruling by Judge Analisa Torres, which declared that the Ripple-associated token XRP should not be considered a security. Senator Lummis highlighted that this ruling underscores the urgent need for Congress to establish a comprehensive and unambiguous
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The Pentagon’s annual funding bill is set to become the focus of a political showdown after Republicans inserted “anti-woke” social provisions into the legislation. The bill — known as the National Defense Authorization Act — is normally shielded from the most bitter partisan bickering and often passes with support from both political parties. But on
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Ignatiev | E+ | Getty Images Company: Mercury Systems (MRCY) Business: Mercury Systems is a manufacturer of essential components, products, modules and subsystems. The company sells them to defense prime contractors, the U.S. government and OEM commercial aerospace companies. Essentially, Mercury Systems makes the electronics that go into defense applications. Because it pays for its
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. This week, Finance Redefined looks at the growing popularity of zero-knowledge proof-based scalable solutions. Zero-knowledge rollups (ZK-rollups) technology has gained a lot of traction over the past
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