AI Funding Boom Reaches Muni Market With Google-Tied Bond Sale

Google parent Alphabet Inc. is poised to enter the municipal-bond market’s prepaid energy space by participating in a $1 billion transaction out of California, a major development in the evolution of a booming segment.

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Bloomberg Markets

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The Iran war hasn’t slowed the economy, but higher inflation leads companies to freeze hiring

The largest part of the economy grew faster in May, even as businesses were coping with the worst inflation in several years — at a cost to job seekers. Many companies have adopted temporary hiring freezes to offset their own rising costs.

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