JPMorgan Sees Higher NYC Downgrade Risk Amid Tax Pushback

New York City’s risk of seeing a credit-rating downgrade has increased, according to JPMorgan Chase & Co. strategists.
Source
Bloomberg Markets
Opens original article in a new tab
AI Bias Analysis
4 models · Takes ~15 seconds

New York City’s risk of seeing a credit-rating downgrade has increased, according to JPMorgan Chase & Co. strategists.
Source
Bloomberg Markets
Opens original article in a new tab
Palantir reported better-than-expected revenue and profit, driven by growth in sales to U.S. government agencies.

Former CFTC Commissioner and current Kalshi board member Brian Quintenz discusses the evolving landscape of prediction markets and how federally regulated prediction markets and state-regulated sports books can coexist. He talks with Katie Greifeld and Romaine Bostick at the Milken Institute Global Conference in Beverly Hills, California. (Source: Bloomberg)
Pinterest cut nearly 15% of the company's workforce and reduced office space in January as it pushes more resources into AI.
The SEC and Elon Musk agreed to settle a lawsuit filed by the regulator last year against the world's richest person.