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The National Association of Bond Lawyers will award Rep. Dutch Ruppersberger, D-Md., the Bernard P. Friel Medal and David Cholst the Federick O. Kiel Distinguished Service Award for their individual contributions to NABL and to the industry over the last four decades. Those will be given out during NABL’s The Workshop 2024, held in Chicago
Algerina Perna | Baltimore Sun | MCT | Getty Images The explosion of online sports betting is taking a toll on personal finances, particularly among those who are financially distressed. That’s the conclusion of a recent paper, “Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households.” The authors found that sports betting has exploded since
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Municipal bond issuers in the Midwest sold a bit more debt in the first half of 2024 than they did a year earlier, but the region largely missed out on big gains in bond volume nationwide. Midwest bond sale volume rose to $34.377 billion from $33.78 billion, according to data from LSEG, a 1.8% increase.
A house under construction is seen between completed houses in a new development in Brambleton, Virginia on August 14, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Mortgage rates fell for the third week in a row last week, but the rush to refinance took a breather. Applications to refinance a home loan dropped 15%
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. For those seeking the true character of Britain’s new Labour government, the sudden run of pay deals offered topublic sector unionswere a worrying portent. The attack lines duly followed: Keir caves to his union paymasters.
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Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China has disbursed only a fraction of a flagship central bank fund designed to rescue property developers, as authorities struggle to cut a vast stock of unsold homes and end a prolonged real estate slump.
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