<img src=”https://public.flourish.studio/visualisation/20173584/thumbnail” width=”100%” alt=”chart visualization” /> Municipal bonds sold off Wednesday, following U.S. Treasuries to much higher yields in a risk-on trade after a sweeping victory by former President Donald Trump and a Republican takeover of the Senate. Equities saw massive gains on the day. The red wave that took the presidency and the Senate
“We hope to act as a resource to the industry, trying to provide some additional knowledge, research findings that can help the market,” said Martin Luby, the Center on Municipal Capital Markets’ director.University of Texas at Austin The role of capital markets in financing infrastructure is the focus of a university-based center recently launched in
In this article PHM DHI LEN Follow your favorite stocksCREATE FREE ACCOUNT Homes in the south suburban Chicago area on April 26, 2023. Brian Cassella | Tribune News Service | Getty Images President-elect Donald Trump’s victory spurred a rise in in the U.S. 10-year Treasury yield. Mortgage rates, which loosely follow the benchmark yield, are
A balcony above a trading floor inside the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023. Nathan Laine | Bloomberg | Getty Images U.S.-listed funds tracking global stocks largely pulled back in Wednesday’s session as investors considered Donald Trump’s victory harmful to international equities. Closely followed exchange-traded funds from iShares tracking
With former President Donald Trump taking the White House and Republicans the Senate, municipal market participants worry that GOP control of the House will usher in major tax policy changes that could hurt the market.Bloomberg Municipal market participants Wednesday digesting former President Donald Trump’s victory and the GOP takeover of the Senate were keeping their
President Biden announces new rules to eliminate lead in drinking water in Milwaukee in October. The Midwest has a disproportionate share of the nation’s lead-lined water pipes.U.S. EPA The fight to end lead contamination in drinking water is playing out with high stakes in the Midwest. The region accounts for a disproportionate share of the
Period red-brick home rooftops in a suburb overlooking London’s financial district. Oversnap | E+ | Getty Images LONDON — Britons are facing the prospect of higher mortgage rates for longer after the government’s tax-and-spend budget threw off expectations for a series of near-term interest rate cuts. The Bank of England is widely expected to cut
An “Open House” flag is seen in front of a home for sale in Alhambra, California, on Jan. 18, 2024. Frederic J. Brown | AFP | Getty Images Mortgage rates rose again last week, pulling demand from both the refinance and purchase markets. Total mortgage application volume dropped 10.8% compared to the previous week, according
rawpixel.com / Felix/rawpixel.com – stock.adobe.com Voters appeared to approve California Propositions 2 and 4, each authorizing $10 billion of bonds, for the environment and wildfire protection, respectively, while the Los Angeles Unified School District appears on pace to receive voter approval for $9 billion of bonds. San Diego Community College District voters appeared to approve
In this article WFC Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | Lightrocket | Getty Images Shares of major banks climbed in overnight trading as investors expected Donald Trump’s victory in the presidential election. Citigroup jumped about 5% in special late trading on the Robinhood brokerage for well-known stocks. Bank of America added more
Three-term incumbent Ohio Sen. Sherrod Brown lost his seat in a close race Tuesday night. Former President Donald Trump appeared close to re-taking the White House late Tuesday and Republicans won a majority in the Senate while the House remained too close to call. Republicans late Tuesday appeared to take control of the Senate after
In this article DJT Follow your favorite stocksCREATE FREE ACCOUNT Former US President and Republican presidential candidate Donald Trump speaks during a campaign rally at Van Andel Arena in Grand Rapids, Michigan on November 5, 2024. Kamil Krzaczynski | AFP | Getty Images Shares in former President Donald Trump‘s media company pushed higher as voting
Copper Mountain Solar in El Dorado Valley, pictured on Thursday, Sept. 5, 2024, in Boulder City, Nevada. (Bizuayehu Tesfaye/Las Vegas Review-Journal/Tribune News Service via Getty Images) Bizuayehu Tesfaye | Tribune News Service | Getty Images Solar stocks sold off overnight as investors see Donald Trump leading in the U.S. presidential election. Solar stocks are falling
Bloomberg News Vice President Kamala Harris and former President Donald Trump have both made a barrage of campaign promises on spending, taxation and trade policies that would come with hefty price tags. Those outlays could complicate the Federal Reserve’s plans for lowering interest rates. The Committee for a Responsible Federal Budget, a nonprofit organization that
<img src=”https://public.flourish.studio/visualisation/20153191/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady Tuesday as market participants mostly sat on the sidelines to await the results of the election and Wednesday’s Federal Open Market Committee rates decision, both of which will likely cause volatility in the near term and have repercussions on economic and monetary policy in the longer
High growth and population shifts in some areas of the country are spiking property taxes, causing taxpayer revolts and potentially endangering funds used to support bond issuance. “The property tax won’t win any popularity contests with homeowners, but it still has an important role to play in public finance,” said Jared Walczak, vice president of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israeli Prime Minister Benjamin Netanyahu on Tuesday sacked his defence minister Yoav Gallant, saying that “significant gaps” had emerged between them over the management of the war. Netanyahu said that Gallant would be replaced as
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Democrat Kamala Harris and Republican Donald Trump have together spent $3.5bn in their race for the White House, making the 2024 presidential campaign the most expensive US general election in history. With
Courtneyk | E+ | Getty Images First-time homebuyers in the U.S. are getting older. The median first-time homebuyer has reached an all-time high of 38 years old — three years older than in July 2023, according to the National Association of Realtors’ 2024 Profile of Home Buyers and Sellers report. This summer, NAR polled 5,390 buyers
The NIU campus. The university’s new debt will finance energy efficiency projects affecting roughly half of campus buildings.Northern Illinois University Northern Illinois University will issue $62 million of Series 2024 certificates of participation to finance energy-saving projects affecting roughly 50 buildings, or half of all campus infrastructure. It does so after Moody’s Ratings on Oct.
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
- 1
- 2
- 3
- …
- 977
- Next Page »