Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is director of economic policy studies at the American Enterprise Institute Donald Trump and Joe Biden differ in many important ways, but both reject the broad consensus that largely governed economic policy in
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British businesses have experienced a stark increase in the complexity and cost of trading with the EU since the UK left the bloc, spending an average of nearly £100,000 navigating the post-Brexit customs border over the past three years, new data has revealed. A survey of 1,001 senior decision makers working in UK-based businesses that
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Northern Ireland’s biggest pro-UK party has agreed a deal to restore the power-sharing executive after nearly two years of political paralysis, its leader Sir Jeffrey Donaldson said. Speaking to reporters in the early hours of
VIENNA, AUSTRIA – NOVEMBER 25, 2022: Karin Teigl is seen wearing Hermès yellow leather mini Kelly, Baum & Pferdgarten green leather jacket, Lumina beige cropped turtleneck sweater and vintage checked green yellow pants. Jeremy Moeller | Getty Images Quiet luxury was one of last year’s biggest viral fashion trends on social media — but unlike
Managing Partner and the Head of Research at Fundstrat Global Advisors, speaking on CNBC’s The Exchange on Oct. 31st, 2023. Adam Jeffery | CNBC Investors are embarking on a hectic week with key tech companies reporting and a big Federal Reserve meeting – and it could shape the next steps for the stock market’s rally,
Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK shop price inflation eased sharply in January to its lowest rate in almost two years as retailers heavily discounted goods during a weak sales period, according to industry data. The British Retail Consortium said
The US is reinstating sanctions on Venezuela’s state-owned miner Minerven following a ban on the candidacy of opposition leader María Corina Machado in upcoming elections. The US Treasury department on Monday ordered a wind-down of transactions with the company by February 13. In October, Washington relaxed its sanctions for six months on oil, mining, and secondary
Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. US and Chinese officials will this week hold talks aimed at stemming the flow of chemicals from China used to make fentanyl as they implement a deal struck by President Joe Biden and President Xi
For years, Arab and western officials have kept a watchful eye over an arid tract of land in a remote corner of the Middle East, where US troops, Iran-linked militias and the remnants of Isis all operate. Tehran-backed militants sit at checkpoints and makeshift bases along the strategically important Baghdad-Damascus highway, which they long ago
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US military failed to stop the enemy drone that killed three of its service members after mistaking it for an American drone that approached a base near Jordan’s border with Syria at the same
Municipals were little changed to start the week, while U.S. Treasuries were firmer and equities were up late in the trading session. The muni market enters 2024 with “stable credit fundamentals, supportive demand/supply dynamics, and low [muni-UST] ratios and compressed credit spreads,” said Adam Stern, co-head of research at Breckinridge. On the technical front, he
Senator Elizabeth Warren, a Democrat from Massachusetts, left, speaks with Jerome Powell, chairman of the U.S. Federal Reserve, during a Senate Banking, Housing and Urban Affairs Committee hearing in Washington, D.C., U.S., on Tuesday, Sept. 28, 2021. Kevin Dietsch | Bloomberg | Getty Images Sen. Elizabeth Warren, D-Mass., and three other Democratic lawmakers are pushing
The biggest municipal bond deal of the week is coming to market on Tuesday even as a state lawmaker is proposing to abolish the very authority that is issuing the debt. The New York State Thruway Authority this week is bringing $1.027 billion of Series P general revenue bonds in a transaction led by J.P.
Florida lawmakers are asking Congress to expand the use of tax-exempt private activity bonds to include commercial spaceports. “The push for Congress to grant spaceport bonds tax-exempt status has been a conversation for many years,” said a spokesperson for Space Florida, the state’s aerospace finance and development authority, which oversees the development of the Florida’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Former UK science minister George Freeman has blamed an impending jump in the cost of his mortgage for his decision to quit the role and warned politics was becoming an unaffordable career. Freeman, who stepped
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. EU member countries have backed a plan to set aside billions of euros of profits arising from the freezing of assets of Russia’s central bank in a first step towards their possible use for
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Paddy Power owner Flutter is planning to move its primary listing to New York in the latest blow to London’s shrinking equity market. If approved by shareholders at an annual meeting in May, Flutter’s transition
Brandon Comer and his firm Comer Capital Group, the Mississippi-based municipal advisor to the library district of the City of Harvey, Illinois, have been fined a total of $86,000 in a final judgment reached in the Northern District of Illinois after years of litigation. Without admitting or denying the allegations of the Securitiesand Exchange Commission’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Twelve employees of a UN aid agency alleged to have played a part in the October 7 attacks on Israel included one who kidnapped a woman and another who seized the body of a slain
The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting this week, after recent reports showed the economy grew at a much more rapid pace than expected and inflation eased. “In many ways, we already have a soft landing,” said Columbia Business School economics professor Brett House.
Muni market participants and analysts expect certain sectors and subsectors to experience credit weakness and the U.S. presidential elections and federal policy potentially having major impacts on the municipal market this year. The Bond Buyer released survey results in a report titled, “After two stormy years, munis face still more uncertainty,” which detailed predictions and