Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Europe’s fears of an isolationist America under a second Trump presidency are becoming reality. Donald Trump has not yet sealed the Republican nomination for this year’s White House race and the presidential vote is many
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Oklahoma’s credit quality is looking up, rating agencies say, with Fitch Ratings joining Moody’s Investors Service and S&P Global Ratings in revising the state’s rating outlook to positive from stable. Fitch, which rates Oklahoma AA, said Friday the revision reflects sustained improvements in expenditure flexibility and overall fiscal management, “particularly its adherence to conservative budgeting
Top Congressional Republicans want to overturn a Biden administration rule requiring states and metropolitan planning organizations to reduce transportation-related carbon emissions. A Congressional Review Act joint resolution of disapproval that Republicans filed last week has the support in the Senate of 49 Republicans and Democrat Sen. Joe Manchin, W. Va. A companion House version was
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A Dutch court has ordered the government to stop sending spare parts for F-35 fighter jets to Israel, amid mounting international pressure over the way the Jewish state is conducting the war against Hamas in
When buses ferrying migrants north from Texas began arriving in Naperville, Illinois, which is roughly 30 miles from Chicago, local officials were caught off guard. “We had a total of six buses in December and they went directly to the Metra train station with occupants boarding trains to Chicago,” Naperville Director of Communications Linda LaClouche
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. During the first half of Sunday’s Super Bowl, the Jumbotron at Allegiant Stadium in Las Vegas briefly cut away from the action on the field to show Taylor Swift chugging a beer in her luxury
What are America’s traditional allies to make of last week’s Republican shenanigans on Capitol Hill when they torpedoed the bill to give billions of dollars of aid to Ukraine? Or of Donald Trump’s comments over the weekend questioning Nato’s doctrine of collective defence? The short answer is: be alarmed. The more considered answer is: prepare,
Market volatility, an inverted yield curve, higher yields and huge swings in the SIFMA swap index are giving issuers pause when considering floating-rate debt products. Issuance of variable rate demand obligations and other floating-rate debt saw a small increase in 2023 year-over-year, but it’s unclear if that trend will continue into 2024 due to the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The EU’s chief diplomat and Germany’s president joined other western leaders in condemning former US president Donald Trump’s suggestion that he would allow Russia to attack any Nato member that failed to spend enough on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour has defended its decision not to suspend the party’s candidate in the Rochdale by-election after he sparked an antisemitism dispute by claiming Israel had allowed Hamas to attack on October 7. Sir Keir Starmer’s
Pennsylvania Gov. Josh Shapiro wants to tap the commonwealth’s surplus revenues for his wide-ranging budget agenda. The Democrat proposed sweeping changes to Pennsylvania’s K-12 and higher education systems and $500 million of borrowing to fund his new economic development plan in his budget address on Tuesday. The budget proposal was $48.34 billion, an increase of
In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Over two thousand attendees are descending on the Fontainebleau Hotel in Miami Beach for the annual Exchange ETF conference. To entice participants, the organizers rented out the entire LIV Nightclub Miami at the hotel for a Super Bowl party Sunday night. While much of the conference
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Israeli military said it had rescued two of the hostages seized by Hamas after a “complex operation” on Monday involving special forces in the southern Gaza city of Rafah. The Israeli raid comes amid
Governments around the world are intensifying scrutiny on the building of data centres over fears that their huge energy usage is putting excessive pressure on national climate targets and electricity grids. Ireland, Germany, Singapore and China as well as a US county and Amsterdam in the Netherlands have introduced restrictions on new data centres in
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. The writer is a former Nato secretary-general It is time to refocus our approach to sanctions on Russia. It is almost two years since the country launched its full-scale invasion of Ukraine, in an
The attempt to find a solution to the Israel-Gaza conflict comes to Washington on Monday with President Joe Biden playing host to King Abdullah of Jordan. UK politics offers us a couple of set piece events with by-elections in the (currently) Conservative seats of Wellingborough and Kingswood. How confident are the ruling party about retaining
Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. The founders and top executives of the largest private equity groups in the US have seen the value of their shares rise by over $40bn since the beginning of 2023 as new assets have poured
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. PwC is forcing some junior consultants in the UK to spend an extra six months on its graduate scheme because there is not enough work to promote them. The Big Four firm told nearly 100
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prime Minister Rishi Sunak is facing an exodus of MPs that will outstrip the number of losses his party suffered ahead of its landslide defeat in the 1997 general election as he heads to the
Jonathan Reynolds, shadow business spokesman, has vowed that a future Labour government would create a modern tax system for people genuinely living in the UK for a short period of time, to replace Britain’s “colonial-era” non-dom regime. Reynolds, on a visit to India, said a Labour government would seek to attract people from around the
As markets boost their bets on interest rate cuts this year, investors are heavily focused on exactly how low borrowing costs will ultimately fall as the inflationary menace retreats. Central banks including the Federal Reserve and European Central Bank will be influenced by an elusive and controversial concept: the so-called neutral rate of interest —