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It will take longer for this toll to generate the necessary revenue for the MTA’s 2020-2024 capital program, MTA Chair Janno Lieber said, but the agency is satisfied.Bloomberg News The Metropolitan Transportation Authority Board voted once again to implement congestion pricing, the tolling program budgeted to cover $15 billion of its current capital plan, but
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Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine has launched British-made Storm Shadow missiles at military targets in Russia for the first time, according to four people familiar with the matter. The attack follows Ukraine’s first use of US long-range Atacms
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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. Britain’s housing minister has warned it will be “more difficult than expected” for the government to meet its target of building 1.5mn new homes because of the depth of the current supply downturn. Matthew Pennycook
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In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT Thomas Trutschel | Photothek | Getty Images The board of Acurx Pharmaceuticals approved Wednesday the purchase of up to $1 million in bitcoin to hold as a treasury reserve asset. Shares of the the company were last lower by more than 6% after spiking about
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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. Ford plans to cut about 4,000 jobs in Europe, as the carmaker grapples with slowing demand for electric vehicles and fierce competition with Chinese rivals. The US company said on Wednesday the cuts would be
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A new engineering and science building highlights plans for the new-money share of the University of Chicago’s award-winning deal.University of Chicago When the University of Chicago’s deal team embarked on the largest financing ever issued through the Illinois Finance Authority, the team had several goals. One was to transform the university’s capital structure; another was
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Single-family homes in a residential neighborhood in San Marcos, Texas. Jordan Vonderhaar | Bloomberg | Getty Images After flatlining the week before, mortgage demand rose last week, despite mortgage rates increasing for the fourth straight week. Total application volume climbed 1.7% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
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Stay informed with free updates Simply sign up to the Eurozone economy myFT Digest — delivered directly to your inbox. The Eurozone risks another debt crisis if the bloc cannot boost growth, lower public debt and fix “policy uncertainty”, the European Central Bank has warned. In its annual Financial Stability Review, published on Wednesday, the
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Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation accelerated sharply to 2.3 per cent in October, as higher energy costs pushed price growth above the Bank of England’s target. The annual consumer price index figure from the Office for National Statistics
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Your browser does not support playing this file but you can still download the MP3 file to play locally. Bridgewater is joining forces with State Street’s asset management arm to offer an ETF, Ukraine has struck a military target inside Russia using US-made long-range missiles for the first time, and Walmart’s third-quarter revenue beat forecasts.
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Stay informed with free updates Simply sign up to the German politics myFT Digest — delivered directly to your inbox. The writer directs the Center on the US and Europe at the Brookings Institution Even when Germany holds highly unusual snap elections, some of its political laws seem etched in stone. Incumbent Chancellor Olaf Scholz
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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. Some content could not load. Check your internet connection or browser settings. Tell us what you think What are your favourites from this list — and what books have we missed? Tell us in the
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