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Finance & Markets

NYC Transit Agency Cuts Bond Refinancing 40% Amid Yield Spike

The Metropolitan Transportation Authority, which operates New York City’s subways, buses and commuter lines, cut a planned debt refinancing by about 40% as tax-exempt bond yields hovered near their highest levels in at least 15 years.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Top 10 African countries with the cheapest electricity prices in Q3 2026

Africa recorded an average electricity price of $0.141 per kilowatt-hour (kWh) for residential consumers and $0.134 per kWh for businesses in the third quarter of 2026.

  • Cameroon has the cheapest residential electricity at $0.006 per kWh in Q3 2026.
  • Tunisia and DRC follow with residential rates below the African average.
  • Nigeria rounds out the list with the most affordable prices at $0.036 per kWh.

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