Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an FT contributing editor In the tortured politics of Northern Ireland nothing is truly settled. The enduring worth of the Good Friday Agreement was to show that the conflicting claims of unionism
Cleveland-based KeyBanc Capital Markets has tapped AJ Maggio as managing director and national sales manager of fixed income. Maggio will be based in Chicago and report to Brian Brennan, national head of fixed income and derivatives. “AJ has a demonstrated track record growing, recruiting and managing sales producers across all products,” said Brennan. “He also
The Biden administration will not be appealing to the Supreme Court an Eleventh Circuit ruling in favor of states, who’ve challenged the American Rescue Plan Offset Provision that bars states from using federal aid dollars to fund tax cuts, in what may be an end to those state challenges. That decision was communicated in a
The Education Finance Council is turning up the pressure on the Internal Revenue Service for clarifications on bond rules that have gone unanswered for four years. The trade group, which represents state-based and nonprofit higher education finance organizations, is asking the agency via a letter to clarify requirements listed in Section 144(b) of the Internal
SOLVE, a market data platform, has announced the beta version of SOLVE Px, an AI predictive dataset for the muni market. The platform offers next-trade prices for more than 900,000 munis, including those that are traded infrequently. The goal behind SOLVE’s new product is to turn raw data into data-driven insights through AI, with munis
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump said he wanted to replace Jay Powell as chair of the Federal Reserve, accusing him of being “political” and predicting that he would cut interest rates to “help the Democrats” this year. Trump
Stay informed with free updates Simply sign up to the Big tech myFT Digest — delivered directly to your inbox. Big Tech stocks surged on Friday after Meta and Amazon boosted Wall Street’s confidence that Silicon Valley can deliver further profitable growth while continuing to spend billions on artificial intelligence. Meta shares climbed 19 per
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ministers should increase policing to prevent vehicle thefts instead of funding tax cuts in the coming year, the boss of JLR said, after the Range Rover maker was hit by a spate of thefts over
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. I know this sounds heretical. But if I had a kid working at EY or Bank of America who was being told to show up more often, I’d side with the bosses. While the younger
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is former chief of MI6 and UK Ambassador to the UN Iran was wrongfooted by Hamas’s October 7 assault on Israel. Tehran hadn’t been consulted and the operation risked pulling Iran into a
Sneksy | E+ | Getty Images Rent prices are coming down in some areas, but not at the pace needed to relieve tenants struggling to pay rent. Half of renters in the U.S. spent more than 30% of their income in 2022 on rent and utilities, according to the new America’s Rental Housing report by
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US economy added 353,000 jobs in January, almost twice as many as expected, leading investors to rein in expectations of interest rate cuts. Economists had expected the country to have added 180,000 jobs last
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A member of Iran’s Revolutionary Guards has been killed in a suspected Israeli air strike in Syria, the second attack targeting Tehran’s forces in the country in as many weeks. A military adviser identified as
Proposed changes to California’s mental health system and a $6.4 billion bond measure proposed in Proposition 1 continue to garner more support as the March 5 election draws near. The proposition, which will be the only one on the March ballot, would use funds from California’s so-called millionaire’s tax to create more slots for people
Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. Surging US oil production helped ExxonMobil and Chevron notch their second-biggest annual profits in a decade despite a slide in prices that tempered earnings from the records hit in 2022. America’s oil supermajors
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BAE Systems has bought a UK technology specialist developing innovative, “heavy-lift” drones capable of delivering supplies or evacuating troops. The FTSE 100 defence group said on Friday it was buying Berkshire-based Malloy Aeronautics for
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Imagine a company, several of whose board directors used to go on family holidays with its chief executive and who recruited another director after he took a break with them. Imagine that they then granted
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Spending on new players by English Premier League clubs has dropped sharply as increased enforcement of financial rules sent a chill through the market during the winter transfer window. The total outlay in the past
Pictured here is a real estate project under construction in Huai’an, China, on Jan. 21, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — Demand for new housing in China is set to drop by around 50% over the next decade, making it harder for Beijing to quickly bolster the country’s overall growth. That’s according
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Meta is paying its first-ever dividend as it tries to win round Wall Street and convince shareholders that years of unproven bets on the metaverse and costly new investments in artificial intelligence will deliver results.
The online retailer Shein has been accused of breaching its own legal settlements and continuing to sell copycat items despite pledging to stop, with one of the world’s largest fashion groups accusing the company of being “repeat counterfeiters”. Shein has long faced criticism that its blistering growth relied on cheap knock-offs of other people’s designs.