WASHINGTON — The partial shutdown of the federal government has halted Internal Revenue Service tax-exempt bond audits and negotiations under the Voluntary Compliance Agreement Program. It’s also unclear if monthly federal subsidy payments on Build America Bonds will be made. IRS officials who might answer that question have been furloughed. Rep. Richard Neal, D-Mass., chairs
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Reluctance to tiny homes shows Americans’ commitment to bigger is better.CustomMade In so many major markets across the country, leaders have their heads down, penciling solutions to the lack of affordable housing. They are changing zoning regulations and removing other hurdles that are making it difficult for developers to feasibly provide adequate, affordable housing for
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As the government shutdown drags into its 17th day, banks and credit unions are offering accommodations to federal workers who’ve seen their paychecks stop. Some 420,000 employees are considered “essential,” and are working without pay, while another 380,000 have been ordered to stay home, according to calculations provided to CNBC by Paul Light, a professor
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Bitcoin’s (BTC) minor pullback from two-week highs could end up fueling a breakout above the key hurdle of $4,140. The world’s largest cryptocurrency by market value jumped to $4,090 at 17:15 UTC on Sunday – the highest level since Dec. 24 – validating the short-term bullish reversal confirmed on Dec. 20. Even so, the positive momentum
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Morgan Stanley has hired veteran muni market practitioner Tom Weyl as an executive director of credit analysis within the municipal capital solutions group. “We are excited to have Tom on board and are looking forward to the continued expansion of our credit expertise across the Morgan Stanley Municipal franchise,” said Alexander Chilton, head of municipal
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Patient investors might want to consider buying shares of Micron Technology as things slowly turn positive for the chipmaker, CNBC’s Jim Cramer said Monday as Micron’s stock pulled the semicondcutor cohort higher. Shares of Micron mounted a long-awaited recovery in Monday’s turbulent trading session after BMO Capital Markets analysts upgraded the stock to “buy” from
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Angus Champion de Crespigny is an advisor to blockchain projects and a former EY blockchain lead. The following is an exclusive contribution to CoinDesk’s 2018 Year in Review.  Amongst many others, the bitcoin community for the past few years has been working with two particularly important ideas related to the asset’s future. One is the narrative
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Bitcoin’s (BTC) bears would be put on the back foot if prices climb past key resistance lined up at $4,140. The leading cryptocurrency jumped to a two-week high of $4,090 earlier today, as expected, ending a weeklong period of low volume consolidation near $3,800. Notably, the break above $4,000 has added further credence to the
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U.S. employers added the most workers in 10 months as wage gains accelerated and labor-force participation jumped, reflecting a robust job market that nevertheless faces mounting risks in 2019. Non-farm payrolls increased by 312,000 in December, easily topping all forecasts, after an upwardly revised 176,000 gain the prior month, a Labor Department report showed Friday.
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December’sstronger-than-expected jobs report shows the labor market remains solid, but does not alleviate fears that the economy is slowing down as the new year begins. The economy added 312,000 jobs in December, far more than the 177,000 that were expected and the largest increase in payrolls since February, 2018. The unemployment rate rose to 3.9
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At the Bauhaus, the art and architecture school founded by Walter Gropius, the simplified, low-slung forms of modernism took root. In Dessau, Germany, the site will be 100 years old in 2019.Getty It depends on whom you ask. Millennials or Generation Z members emphatically state their preferences for Atomic Ranches, kidney-shaped swimming pools, interiors a
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St. Petersburg, Florida-based Raymond James is making a move into the Kansas City region with the hiring of veteran public finance banker Greg Vahrenberg. Vahrenberg, who started in December, most recently worked at Piper Jaffray, where he spent two decades. Banker Greg Vahrenberg joined Raymond James in December in the firm’s first Kansas City, Missouri,
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