Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The lack of confidence in the British economy has become infectious. From businesses it has now spread to financial markets. Last week investors dumped gilts and sold the pound, as concerns over the UK’s fiscal
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Los Angeles was braced for near “hurricane force” winds on Monday that weather forecasters said could fan the devastating wildfires that have swept across southern California over the past week. As firefighters struggled to contain
“It’s a chance for the market to come to us and lay out what they think would be good and what would be a cost,” said John Bagley, the MSRB’s chief market structure officer. The Municipal Securities Rulemaking Board floated a “concept release” Monday that seeks market feedback on a potential initiative to collect pre-trade
Florida mining company Mineral Development, LLC failed to pay $10 million in principal and interest on January 1. Adobe Stock Florida mining company Mineral Development, LLC defaulted on $85 million of outstanding industrial development bonds at the start of the year, the first municipal default of the new year, according to Municipal Market Analytics’ Default
“Though the Biden-Harris Administration is drawing to a close, today we’re proud to announce one more major round of grants to keep that work going and further modernize our roads and rails, build out a national EV charger network, and ensure that transportation in the 21st century lives up to its basic promise and connects
Share Tweet By Billy Hallowell Editor January 10, 2025 Actor Stelio Savante said he was left “seething” after seeing how some California leaders reacted to deadly wildfires that have been ripping through the Los Angeles area. Listen to the latest episode of Quick Start ? “[It has been] awful, unfathomable, unrecognizable,” Savante said of the dire situation
Meta boss Mark Zuckerberg slammed the Biden Administration for censorship, took shots at one of his biggest tech rivals and said hes optimistic about President-elect Donald Trump during a wide-ranging interview with popular podcaster Joe Rogan. Wearing a brown T-shirt and gold-chain, the suddenly conservative-sounding tech tycoon spent the first hour of the nearly three-hour
China has a chokehold on the worlds supply of critical minerals and experts are warning the situation is a major risk to US national security if the government doesnt step up its efforts to compete. Control over rare earth metals which are needed to build everything from the semiconductors that power iPhones to wind turbines,
Walmart stores recently recalled more than 12,000 cartons of chicken broth amid concerns that the product’s packaging was compromised. The recalled product is the Great Value brand of chicken broth, which was sold in 48-ounce containers, according to a release from the Food and Drug Administration. The recall was initiated on Dec. 11, but the
Chuck Todd’s days at NBC News are winding down as the former “Meet the Press” moderator is plotting his next steps in journalism once his contract expires later this year, according to a report. Todd, who was once a central figure in NBCs political coverage, is quietly mulling his options for life after 30 Rock,
JPMorgan Chases decision to enforce a full-time return-to-office policy has sparked employee backlash, leading the bank to disable comments on an internal webpage where the policy was announced, according to a report. The move, which affects roughly 300,000 employees, was outlined in an internal memo on Friday, stating the requirement would take effect in March,
Longtime municipal trader Tom Greene is retiring after more than a half-century in the business. Greene is retiring from Wintrust Wealth Management, where for more than a decade he was institutional fixed income manager and head of the institutional municipal bond desk. Greene came out of retirement to work for Wintrust; prior to that, he
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. EU shipyards are repairing Russian ice-class tankers and offering them dry dock facilities, enabling Moscow to continue moving gas through the Arctic despite western sanctions on its energy sector. Without the maintenance work —
A high-end condominium building in Manhattan. Real estate sales above $2 million are subject to a transfer tax that will back bonds for the Metropolitan Transportation AuthorityBloomberg News The New York Metropolitan Transportation Authority is set to offer its first bonds backed by its real estate transfer tax. The tax, also known as the “mansion
Bloomberg News The new Republican House and Senate have assumed power and Inauguration Day for the second Trump Administration is soon to follow. This year will be an exciting one of change for our country, and surely the municipal bond industry will keep an eye on Washington as Congress works to extend key provisions of
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world “I think the president-elect is having a bit of fun”. That was how the Canadian ambassador to Washington reacted to Donald Trump’s first suggestion that her country should become the 51st American state.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Inflation in the Eurozone could fall below the European Central Bank’s 2 per cent target if policymakers do not continue to cut interest rates, its chief economist Philip Lane has warned. In an interview with
Stay informed with free updates Simply sign up to the Emerging markets myFT Digest — delivered directly to your inbox. The writer is chair of Rockefeller International. His latest book is ‘What Went Wrong With Capitalism’ As Donald Trump prepares to take office, his victory is still widely seen as part of a global story
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Asset managers overseeing trillions of dollars are cautioning clients to take a defensive position heavy on bonds in the face of rising equity prices and the expectation that the Federal Reserve is increasingly unlikely to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mark Zuckerberg was once forced to confirm he was “not a lizard” during a live online Q&A session. It marked neither the first nor the last time people had suggested that the pallid Facebook founder
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is part of the FT’s Financial Literacy and Inclusion Campaign joint seasonal appeal with Magic Breakfast Since the Financial Times launched its first seasonal appeal nearly 20 years ago, a common theme has
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