Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Jimmy Carter, the 39th US president who later won the Nobel Peace Prize for his humanitarian work, has died at the age of 100, the Carter Center said on Sunday. He died peacefully
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. At least 80 people were killed on Sunday after a South Korean passenger jet crashed and burst into flame on landing, according to local authorities, in one of the country’s worst-ever aviation disasters. The Jeju
In this article BKNG CRM DKNG Follow your favorite stocksCREATE FREE ACCOUNT Jaque Silva | Nurphoto | Getty Images This year was a busy one for investors, especially in light of the U.S. presidential election, growing excitement around artificial intelligence and the continued focus on elevated interest rates. While macro conditions are expected to improve
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Vladimir Putin has apologised to Azerbaijan for what he described as a “tragic incident” involving an Azerbaijani aircraft in Russian airspace on Christmas Day. Moscow phoned Azerbaijani president Ilham Aliyev and the Russian president expressed
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global corporate debt sales soared to a record $8tn this year, as companies took advantage of red-hot demand from investors to accelerate their borrowing plans. Issuance of corporate bonds and leveraged loans climbed by more
<img src=”https://public.flourish.studio/visualisation/20962238/thumbnail” width=”100%” alt=”chart visualization” /> Municipals ignored losses in U.S. Treasuries Friday ahead of another week without new-issue supply to provide direction. Equities saw losses. Triple-A muni yield curves were unchanged while USTs saw losses of up to six basis points while the 10-year UST closed the session above 4.6%. While Friday’s muni session
S&P Global Ratings Adobe Stock A sharp decline in debt service coverage helped drive a four-notch downgrade and CreditWatch placement for wastewater revenue bonds issued by Salinas, California. S&P Global Ratings Monday cut the debt to BBB-plus from AA-minus and put the rating on CreditWatch with negative implications. “The downgrade reflects our view of the
“Lawmakers will need enhanced pay-fors, putting a substantial target on the municipal bond tax exemption,” said Tom Kozlik, managing director, head of public policy & municipal strategy for Hilltop Securities. ”I think there is a 50% or greater chance the municipal bond tax exemption will be significantly curtailed or even completely eliminated in 2025.” Hilltop Securities Looking
Oregon Gov. Tina Kotek has been working furiously the past 30 days launching her budget proposal and closing the door on a special session to deal with costs associated with a record-breaking 2024 wildfire season.Oregon Governor’s Office It’s been a busy 30 days for Oregon Gov. Tina Kotek. Since Thanksgiving, she has approved legislation drafted
Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. The wealth of US private capital bosses jumped by more than $56bn in 2024 as shares of Blackstone, Apollo and KKR hit new highs, fuelled by rapid growth and their addition to the main US
<img src=”https://public.flourish.studio/visualisation/20953080/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were little changed Thursday along with U.S. Treasuries while equities made gains. Mutual funds saw more outflows while money market funds were back in the black. The market is in a “seasonal winter softness” period where technicals are weak at the moment, said Jeff Timlin, a managing partner
“This ruling protects critical funding that helps us provide public safety, infrastructure and other essential services for our residents,” Round Rock Mayor Craig Morgan said.City of Round Rock, Texas A Texas judge ruled largely in favor of six cities that sued the state comptroller over a move that would have cost them millions of dollars
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Finnish authorities are investigating an oil tanker that is part of Russia’s shadow fleet over whether it cut an electricity cable between Finland and Estonia. The Eagle S was stopped by Finnish authorities after the
“You have these woke corporations who are dictating how people should invest,” Indiana Treasurer Daniel Elliott told a local radio station. “You have these folks from New York City and Europe and California dictating how Hoosiers’ investments should be invested. And that’s a problem.”Indiana Treasurer of State The battle over ESG investing is spreading in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Russian anti-aircraft fire may have caused a plane to crash in Kazakhstan on Christmas Day, according to defence experts and officials in the region. The Azerbaijan Airlines flight was en route from Azerbaijan’s capital Baku
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Jensen Huang, CEO of Nvidia, arrives for the Inaugural AI Insight Forum in the Russell Building on Capitol Hill on Sept. 13, 2023. Tom Williams | CQ-Roll Call, Inc. | Getty Images As Michael MacGillivray saw artificial intelligence becoming more ubiquitous in everyday life, the
Every night without fail, a mobile phone rings in the Holy Family church in Gaza, and a parish priest answers. The voice at the end of the line is that of Pope Francis, head of the Catholic Church and spiritual leader to a global flock of 1.4bn people. For more than a year, the pontiff
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. De Beers Group has amassed its biggest stockpile of diamonds since the 2008 financial crisis, laying bare the group’s challenge in reviving demand for jewels long seen as the pinnacle of luxury. A slump in
<img src=”https://public.flourish.studio/visualisation/20935176/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady to slightly weaker Tuesday as U.S. Treasuries closed the session a bit stronger while equities were in the black. The two-year municipal to UST ratio Tuesday was at 65%, the five-year at 65%, the 10-year at 67% and the 30-year at 82%, according to Municipal Market
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