Daniel Wiles retired from Los Angeles County in December, but continues to serve on the Municipal Securities Rulemaking Board.MSRB Daniel Wiles has lived in southern California for more than two decades, but it hasn’t altered the ingrained humility of the Minnesota native. Wiles, who retired — mostly — from a long municipal finance career at
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With Bitcoin’s increasing presence in traditional financial systems and speculation around a US BTC strategic reserve, some experts foresee a major supply shock during this cycle, potentially disrupting the 4-year cycle theory with extraordinary price growth. However, a new report indicates that such a supply shock is unlikely to happen in 2025. While Bitcoin’s halving,
Last week, President-Elect Donald Trump nominated Morgan Ortagus, a longtime State Department official, to serve as a deputy special envoy for Middle East peaceand immediately undercut her. Early on Morgan fought me for three years, but hopefully has learned her lesson, Trump wrote when he announced her hire on Truth Social. These things usually dont
When wildfires began ravaging Los Angeles yesterday, the story was familiar in many respects: In dry and windy weather, a small blaze can spread so fast and so far that no one can do anything to stop it, especially in terrain dense with brush and hard for firefighters to reach. Pacific Palisades, where the first
Apple denied its digital voice assistant Siri poses any privacy concerns — one week after it agreed to pay $95 million to settle a lawsuit tied to the software tool. Apple has never used Siri data to build marketing profiles, never made it available for advertising, and never sold it to anyone for any purpose,
Google and Microsoft are each donating $1 million to President-elect Donald Trumps inaugural fund joining a slew of tech companies bankrolling the celebrations as they seek to garner support from the incoming administration. Google and Microsoft confirmed the donations with The Post. Google is pleased to support the 2025 inauguration, with a livestream on YouTube
Meta CEO Mark Zuckerberg shrugged off criticism that his new policy that does away with third-party fact-checking and censorship will alienate users — insisting that anyone who quits company platforms Facebook, Instagram and Threads would be “virtue signaling.” Zuckerberg responded to a post on Threads that criticized him for Tuesday’s decision, with many calling him
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK government borrowing costs edged higher on Friday but remained below Thursday’s peak as investors await a key US jobs report later in the day. The 10-year gilt yield rose by 0.03 percentage points to
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Immigration lawyers in the UK say they have seen a rise in liberal Americans seeking to leave the US since Donald Trump’s election victory. Many making inquiries said they were worried about socially
Stock investors are brushing aside economists’ gloomy predictions about US president-elect Donald Trump’s economic policies, betting instead that his plans will boost corporate earnings and power the market higher. Wall Street’s S&P 500 benchmark soared to record highs last year and, although there has been a recent pullback, equity strategists have predicted gains of about
Standard Digital was €540 now €319 per year Save now on essential digital access to quality FT journalism on any device. 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 alerts with myFT FT Videos
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. The world breached 1.5C of warming last year for the first time, top international agencies said, as an “extraordinary” spike in the global average temperature sparked fears that climate change is accelerating faster than expected.
China’s government bond market has opened 2025 with a clear warning for policymakers: without more determined stimulus, investors expect deflationary pressures to become even more entrenched in the world’s second-largest economy. China’s 10-year bond yield, a benchmark for economic growth and inflation expectations, fell to a record low of less than 1.6 per cent during
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BlackRock has become the latest financial firm to bail out of a big climate change industry group in the wake of Donald Trump’s election as US president and heightened regulatory scrutiny. The world’s largest money
Stay informed with free updates Simply sign up to the German politics myFT Digest — delivered directly to your inbox. Elon Musk heaped praise on the “very reasonable” co-leader of the far-right Alternative for Germany as she joined the technology billionaire for a discussion about Adolf Hitler, Donald Trump and the existence of aliens. In
Homes in Larchmont, in New York’s Westchester County, which received and S&P upgrade to AAA>Bloomberg News Westchester County is ringing in the new year with a new AAA rating from S&P Global Ratings. S&P’s analysts cited growth in the county’s reserves, conservative budgeting and strong sales tax revenue as the reason for Tuesday’s upgrade from
“We are using funds from the BIL to make historic investments in our nation’s airports to address a backlog of needs and accommodate growing air travel demand,” said U.S. Transportation Secretary Pete Buttigieg. ”These investments, some already completed and many more still underway, ensure the traveling public will have safer and more accessible and efficient airports for
<img src=”https://public.flourish.studio/visualisation/21101826/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady throughout most of the curve outside of small bumps on the short end while municipal bond mutual funds flipped back to inflows for the first week of the year. U.S. Treasury yields fell slightly and equities were mixed. Investors added $842.4 million to municipal bond mutual
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer’s chief business aide will continue to receive dividend payments from his multimillion-pound stake in corporate advisory firm Hakluyt while in government, raising fresh concerns about potential conflicts of interest. Varun Chandra, former
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A lawyer for Elon Musk has called on the California and Delaware attorneys-general to force OpenAI to auction off a large stake in its business, intensifying a bitter fight with the company’s chief executive Sam
“I do have a very high bar when it comes to revenues, and we are not going to grow an economy on the backs of working Marylanders,” said Democratic Gov. Wes Moore during a press conference on Wednesday. ”I inherited a structural deficit when I became the governor, because the state was both spending at a
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