BNY Mellon Strategic Municipals, Inc. is a closed-end fund investing mainly in investment-grade municipal bonds that are tax-exempt. It currently offers an unsubsidized SEC yield of about 4.81%, which translates to approximately 8.13% on a tax-equivalent basis for investors in the highest tax bracket. The fund uses leverage, increasing both the duration and volatility of returns, which means investors should be comfortable with some interest rate and credit risk. It is recommended as a buy for investors seeking tax-exempt income and willing to accept these risks, especially given the current elevated interest rates and tighter credit spreads that may impact medium-term performance.
Cortea secured €12 million in funding led by Dawn Capital to develop AI-powered Audit Quality Agents that review audit reports and financial statements, identifying errors and inconsistencies before sign-off. These tools help audit firms improve qual...
Cortea secured €12 million in seed funding led by Dawn Capital to develop AI tools that enhance audit quality without compromising accuracy. Their Audit Quality Agents review audit reports and financial statements to detect inconsistencies and errors...
Hong Kong Tourism Board has launched the "Hong Kong Summer Fun" campaign featuring a series of vibrant summer events including the 50th Sun Life Hong Kong International Dragon Boat Festival, Pixar Summer Fest, and a major football event with top Euro...
Hong Kong Tourism Board has launched the "Hong Kong Summer Fun" campaign, featuring festivals, family attractions, sports events, and exclusive summer deals valid until August 31. Highlights include the 50th Sun Life Hong Kong International Dragon Bo...
XTransfer has been recognized for the second consecutive year in FXC Intelligence’s 2026 Top 100 Cross-Border Payments Companies list, highlighting its role in advancing global B2B payment solutions. The company, serving over 890,000 enterprises in 2...
