Municipals were little changed to a touch softer Thursday and mutual funds saw small outflows, setting the month to end with losses. U.S. Treasury yields fell and equities were down near the end of the trading session. Following Wednesday’s muni selloff, where yields were cut up to 13 basis points, depending on the scale, “AAA
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The Guam Power Authority plans to sell about $64 million of revenue refunding bonds in mid-July. The board of the Guam Consolidated Commission on Utilities on Tuesday approved the deal unanimously. The Guam legislature and Gov. Lourdes Leon Guerrero have already approved it. The Guam Public Utilities Commission was expected to approve it Thursday, said
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. 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
Standard Digital Weekend Print + Standard Digital wasnow 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+
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. 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
The Washington D.C. City Council is proposing eliminating the tax exemption on interest on out-of-state municipal bonds, a revenue raising measure that the District’s mayor opposes. Mayor Muriel Bowser remains opposed to further tax hikes and laid out her position on the bond tax exemption earlier this month. “I do not support raising additional taxes
Standard Digital Weekend Print + Standard Digital wasnow $75 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
Standard Digital Weekend Print + Standard Digital wasnow 38 € per 3 months Today’s FT newspaper for easy reading on any device. This does not include ft.com or FT App access. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. 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
Standard Digital Weekend Print + Standard Digital wasnow 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+
Standard Digital Weekend Print + Standard Digital wasnow 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+
Tennessee Gov. Bill Lee Tuesday signed a bill allowing local governments to issue bonds via industrial development corporations to work alongside the private sector to bolster affordable housing. The law will allow IDCs affiliated with cities and towns to sell bonds to raise the money needed to assure multi-family housing remains affordable. All municipal governments
The average time municipal issuers take to submit their audited financials to the Municipal Securities Rulemaking Board has been steadily rising since 2018 and for 2023 has reached its highest ever recorded by the board at 209 days. “The 2024 study reveals that the average length of time audited financial statements were submitted to the
The Supreme Courton Thursday cleared the way for a National Rifle Association lawsuit against a former New York state official over claims she violated its free-speech rights. The unanimous opinion reverses a lower court decision tossing out the gun rights groups lawsuit against ex-New York state Department of Financial Services Superintendent Maria Vullo. The Supreme
Billionaire Nelson Peltz’s Trian Fund Management has sold its entire stake in Walt Disney after a boardroom battle with the media giant, CNBC News reported on Wednesday, citing a person familiar with the matter. The hedge fund was Disney’s fifth-biggest shareholder with a 1.77% stake as of March 31, according to LSEG data. It sold the stake at
Building your own food storage starter kit is one of the most basic things you need to learn if you want to be prepared for a food emergency or survival situation. Making a food storage starter kit is not as simple as going to your local grocery store and stocking up on whatever food options
McDonald’s top US executive denounced viral reports of runaway Big Mac prices as painting an inaccurate picture of the company, which has seen its profits surge by roughly a third since 2019 and is now preparing to roll out $5 combo meals. “I can tell you that it frustrates and worries me, and many of our
An electromagnetic pulse (EMP) is a strong burst of energy that can destroy electronic devices. An EMP can be caused by a natural event, such as a lightning strike, or by man-made means, like a nuclear explosion. If you’re worried about the possibility of an EMP attack, you can start preparing by learning which items
OpenAI CEO Sam Altman has consolidated his grip on power at the tech firm that briefly ousted him last fall by striking a deal with Apple to incorporate artificial intelligence into its products, according to a report. The 39-year-old tech mogul has pushed out his rivals from the company’s board and is moving full steam
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SAN ANSELMO, CALIFORNIA – NOVEMBER 30: A “sale pending” sign is posted in front of a home for sale on November 30, 2023 in San Anselmo, California. According to a report by the National Association of Realtors, pending home sales fell 1.5 percent in October to their lowest level in 20 years. (Photo by Justin