Miami International Airport will sell $526 million of municipal bonds this week. Bloomberg News Miami-Dade County is selling $526 million of aviation revenue bonds this week, as the number of passengers using Miami International Airport continues to bounce back from the pandemic and exceed pre-COVID numbers since the pandemic’s low in 2020. The deal consists
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Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Kyiv’s defence intelligence unit rigged with explosives a batch of drone pilot goggles destined for use by Russians on battlefields in Ukraine, said officials with direct knowledge of the operation. The officials told the Financial
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There are, it turns out, plenty of people in the UK ready to cheer JD Vance’s gaslighting speech denouncing his European allies at the Munich Security Conference. One of those present likened the US vice-president’s
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US is opposing calling Russia the aggressor in a G7 statement on the third anniversary of Moscow’s full-scale invasion of Ukraine, threatening to derail a traditional show of unity, according to five
<img src=”https://public.flourish.studio/visualisation/21715678/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were little changed Wednesday as U.S. Treasuries were firmer and equities ended mixed. The two-year municipal to UST ratio Wednesday was at 63%, the five-year at 63%, the 10-year at 66% and the 30-year at 84%, according to Municipal Market Data’s 3 p.m. EST read. ICE Data Services
The Trump administration withdrew approval for New York City’s congestion pricing program citing concerns over the size of the program and the use of proceeds for transit.Bloomberg The Trump administration Wednesday terminated federal approval for New York City’s congestion pricing program just weeks after it took effect. The Metropolitan Transportation Authority immediately headed to federal court
It’s still too soon to fully calculate the cost of the Los Angeles wildfires, but one thing is clear: The cost of insurance will go up, and that will affect not just the value of LA real estate but of real estate across the nation. The losses from those wildfires may seem unimaginable now, but
“Democrats cannot agree to any permitting reform unless and until the Trump administration ends its lawless disregard for congressional authority and judicial orders,” said Ranking Member Sen. Sheldon Whitehouse. ”Billions in obligated funds remain frozen behind a fog bank of silent executive contumacy in blatant disregard of constitutional separation of powers, direct court orders and basic
The Texas State Capitol. The state education agency replaced the board and superintendent of the South San ntonio Independent School District. Bloomberg News The Texas Education Agency replaced the entire leadership of the South San Antonio Independent School District. The move announced on Wednesday comes after nearly two decades of dysfunction “resulting in diminished student
Tamika Reed has joined Siebert Williams Shank as senior vice president at its new Montgomery, Alabama, office. Siebert Williams Shank hired two professionals for its municipal underwriting team and opened a new office in Montgomery, Alabama. SWS hired Tamika Reed as senior vice president in the new Alabama office and Narineh Panosian as vice president
The Trump administration has halted formula funds that former President Joe Biden sent to the states to create a national network of electric vehicle charging stations. Dania Maxwell/Bloomberg A dispute over the National Electric Vehicle Infrastructure program, one of the most costly and high-profile programs in former President Joe Biden’s 2021 Infrastructure Investment and Jobs
In this article FMCC FNMA Follow your favorite stocksCREATE FREE ACCOUNT Fannie Mae and Freddie Mac, two pillars of the U.S. mortgage market, are currently controlled by the federal government. Some in Washington, D.C. expect President Trump to push for the end of their conservatorship. “We have a mortgage finance system that works really well
Marion, Illinois, plans to sell $115 million of STAR bonds to finance the redevelopment of a mall and surrounding parcels of land. City of Marion In a first for the Midwest, a city in southern Illinois plans to use sales tax and revenue bond proceeds to fund a mall redevelopment. Next Wednesday, Stifel will price
A sign is posted in front of a home for sale in San Rafael, California, on Aug. 7, 2024. Justin Sullivan | Getty Images Mortgage rates dipped slightly last week, but so did mortgage demand, as housing affordability continues to sideline potential buyers. Total mortgage application volume fell 6.6% for the week, according to the
“The status quo allows the governor to manufacture budget numbers that support his policy agenda, rather than a consensus approach that would reflect legislative input,” Oklahoma Attorney General Gentner Drummond said.Oklahoma Attorney General’s Office Oklahoma’s fiscal 2026 general revenue fund collections are expected to dip below fiscal 2025 projections as the state considers an income
“I want to be crystal clear with New Yorkers: I never offered — nor did anyone offer on my behalf — any trade of my authority as your mayor for an end to my case. Never,” Mayor Eric Adams said in a statement.NYC Mayoral Photography Office/Michael Appleton New York’s besieged Mayor Eric Adams’ fate rests
<img src=”https://public.flourish.studio/visualisation/21697965/thumbnail” width=”100%” alt=”chart visualization” /> The municipal bond market was narrowly mixed ahead of smaller supply slate, while Treasury yields rose and equity prices were marginally lower on the day. The day’s moves led municipal to UST ratios to fall slightly. The two-year municipal to UST ratio Tuesday was at 62%, the five-year at
Martin Barraud | Ojo Images | Getty Images As U.S. home equity climbs, owners are more likely to face capital gains taxes from selling property. But a lesser-known tax strategy could help shrink your bill, experts say. When selling your main home, there’s a special tax break that shields up to $250,000 of profits for
In this article .SPX Follow your favorite stocksCREATE FREE ACCOUNT CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in
Russia and the US have agreed to “lay the groundwork for future co-operation” on ending the Ukraine war and a lightning normalisation of relations, after their first high-level talks since President Vladimir Putin’s invasion. Following four-and-a-half hours of negotiations in Riyadh on Tuesday, the US state department said the two sides would appoint “high-level teams”
Elizabeth Fleming Weber passed away Feb. 9 at age 75. A former Women in Public Finance president, Illinois Finance Authority general counsel and partner at Katten Muchin Rosenman, she left a legacy of care and consideration, colleagues said. Former Women in Public Finance President Elizabeth Fleming Weber passed away Feb. 9. She was 75. The
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