Mirae Asset Global Investments Co. Ltd. cut its position in Claros Mortgage Trust, Inc. (NYSE:CMTG – Free Report) by 13.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 577,878 shares of the company’s stock after selling 89,266 shares during the quarter.
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SPOKANE, Wash. – Mayor Lisa Brown has proposed a property tax hike to fund public safety programs. However, not all city leaders agree that the increase is necessary. Mayor Brown spoke at City Hall on Friday morning and said that Levy would raise nearly $40 million for the city over the next five years. This
BRAZIL —Millions of dollars will be spread throughout Elkhart County and neighboring counties with the issuance of Community Crossings grants. Gov. Eric J. Holcomb and the Indiana Department of Transportation gathered Wednesday at the Clay County Courthouse with cities, towns, and counties from across Indiana receiving portions of the $207 million awarded through the Community
Among all cryptocurrencies, stablecoins have always faced the most scrutiny from financial regulators. However, they also have supporters who speak about their benefits to the financial world. Recently, the CEO of Cantor Fitzgerald, the custodian of stablecoin Tether, discussed the potential benefits of stablecoins and the future of asset tokenization in the U.S. economy. Dow
CHARLESTOWN — Next year’s spending plan for Charlestown includes money to pay for new positions in the tax assessor’s office and at Ninigret Park and to fund a new contract between the town and the local ambulance service. The Town Council dug into the Budget Commission’s proposed $29.2 million budget at a three-hour special meeting
The Vigo County Council approved the expenditure of American Rescue Plan Act funding for a variety of projects Tuesday, the largest being $1 million for Chances and Services for Youth’s (CASY) proposed childcare facility on the city’s northeast side. Brandon Halleck, CASY’s chief operating officer, is hoping to covert 50,000 square feet of warehouse space
Stocks struggled to regain momentum Tuesday afternoon following a morning dip, as economists predicted that Wednesday’s Consumer Price Index report would show a 3.4% annual inflation rate, up from 3.2% in February. Investors have been hoping for the Federal Reserve to cut interest rates as joblessness remains low and inflation wanes. But a potential inflation
AG Mortgage Investment Trust, Inc. (NYSE:MITT – Get Free Report)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.80 and traded as high as $5.95. AG Mortgage Investment Trust shares last traded at $5.93, with a volume of 143,474 shares trading hands.
Like most automotive brands, the future of sports car brands like Ferrari (RACE) is defined by the advent of high performance electric-powered vehicles. Though rivals like Lamborghini can claim that their EVs will be an “emotional” experience, Ferrari is pouring in major amounts of money into actual key research for its electric future. Scientists at