A house with rooftop solar panels. Florida PACE Funding Agency, which finances installation of solar panels, is defending a $5 billion bond validation.Adobe Stock A Florida agency that offers PACE financing to property owners is at the center of a legal dispute that it says could catastrophically undermine the finality of all Florida bond validations.
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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. The Bank of England has kept interest rates on hold at 4.75 per cent as it seeks to contend with both stubborn inflation and lacklustre growth. In a split decision, most members of the Monetary
Human rights groups are blasting the international soccer federation FIFA for selecting Saudi Arabia to host the 2034 men’s World Cup, citing the exploitation of migrant workers in Saudi Arabia, the jailing of political activists for expressing themselves peacefully, and discrimination against women and LGBTQ+ people. In a joint statement, Amnesty International, Human Rights Watch
In the occupied West Bank, Israeli soldiers shot and killed two Palestinians near the town of Sofin Tuesday. They were identified as 32-year-old Mohammed Ashqar and 31-year-old Diaa Salmi. Israeli forces reportedly blocked anyone from approaching the wounded men, leaving them to bleed out before medical help could arrive. Israel has carried out near-daily raids
President-elect Trump could keep his pledge to “save” TikTok – and still address national security concerns that spurred Congress to authorize a ban — by brokering a sale of the Chinese-owned app to a US buyer, experts told The Post. China-based ByteDance has until Jan. 19 to completely divest its stake in TikTok or face
DETROIT A company that sells replacement winter tires is recalling more than 541,000 of them in the U.S. because they dont have enough snow traction to meet North American standards. Prinx Chengshan Tire North America is recalling over 100 sizes of Fortune Tormenta and Prinx Hicountry tires with three-peak mountain snowflake symbols on the sidewalls.
The Biden administration is releasing three more prisoners from the U.S. naval base in Guantnamo Bay, Cuba. The Pentagon says Mohammed Farik bin Amin and Mohammed Nazir bin Lep will be transferred to their home country of Malaysia to serve an additional five years in prison, after they pleaded guilty to participating in deadly bombing
President Biden has declared his support for banning sitting members of Congress from trading stock — an eleventh-hour pivot after four years of silence over the controversy. Nobody in the Congress should be able to make money in the stock market while theyre in the Congress, Biden told the “More Perfect Union” podcast. “I don’t
Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken
Share Tweet By Billy Hallowell Editor December 18, 2024 After immersing itself in the culture wars, it seems Disney might now be doing a bit of an about-face. The children’s entertainment giant has cut a transgender storyline from “Win or Lose,” a Pixar animated series slated to premiere in February, according to The Hollywood Reporter
If it aint broker, dont fix it. A cohort of Big Apple real estate brokers are suing the city over a new law that shifts the burden of costly broker fees away from tenants and the case could prevent the legislation from taking effect this summer as planned. The Real Estate Board of New York
George Stephanopoulos was repeatedly told by his executive producer not to “use the word rape” before going on the air to discuss Donald Trump but the ABC News anchor ignored the warning — a decision that cost the network $16 million, The Post has learned. Parent company Disney’s capitulation last week in the defamation lawsuit
Marc Lore whose $650 million acquisition of Grubhub last month is helping him scale his food delivery and take-out company, Wonder is betting that artificial intelligence may soon handle your meal selection and delivery. In fact, after a few months of testing the algorithm on himself, he believes it’s “dead on.” I’ve already started experimenting
Amazon workersat seven US facilitieswalked off the job early on Thursdayduring the holiday shopping rush, aiming to pressure the retailer intocontracttalkswith theirunion. Warehouse workers in cities including New York, Atlanta and San Francisco are taking part in the “largest” strike against Amazon, said the International Brotherhood of Teamsters, which represents about 10,000 workers at 10 of the firm’s facilities. “If your package
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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. For markets, US Federal Reserve chief Jay Powell is the Grinch who stole Christmas. But the festive shakeout in bonds, currencies and stocks now under way in the wake of the US central bank’s latest
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK water regulator Ofwat will allow utilities in England and Wales to raise customer bills by an average of 36 per cent by 2030, a larger increase than it had previously indicated, but still short
This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters The possibility of a conflict between the incoming Donald Trump administration’s policies and the Federal Reserve’s price stability mandate has
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The dollar hit a two-year high and global stocks fell on Thursday after the Federal Reserve indicated it would cut interest rates more slowly next year to guard against any renewed threat of inflation. The
The US has stepped up its battle against Isis in Syria as it seeks to prevent the group exploiting a power vacuum after rebels toppled the Assad regime, launching some of its heaviest air strikes against the jihadis in years. In the past two weeks, US forces have struck more than 75 Isis targets during
The UK needs to spend 3.6 per cent of GDP on defence if it wants to modernise its military while protecting its nuclear deterrent and meeting Nato obligations, according to internal Ministry of Defence calculations. The figure would be a 56 per cent increase on current spending levels of 2.3 per cent, and is widely
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