It's hard enough convincing local governments to spend money on cyber insurance that covers ransomware attacks, said Omid Rahmani, public finance cybersecurity lead at Fitch Ratings. The new and very specific threat of a hacked financing process, is "absolutely" underappreciated by the public finance industry.

"This matter is now under active investigation by federal authorities and impacted financial institutions, who are coordinating with the White Lake Township Police Department," said Daniel Keller, chief of police, in a statement.

The incoming administration heads into the White House with a promise to create a national crypto stockpile as public finance suffers losses, issues warnings, and buys into crypto-backed ETFs.

AI champ Nvidia and three other tech companies are driving a stock market surge resulting in California revenues coming out $7 billion above expectations set when the 2024-25 budget was approved in July.

As technology options grow, firms are looking for ways to streamline and scale workflows.

Mega projects in Boston and Philadelphia top the list.