Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Israeli military and Hizbollah are locked in fierce fighting around a strategically positioned 12th century crusader castle in one of Israel’s northernmost advances into Lebanon since launching its ground invasion in September. Hizbollah militants
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. British people planning to retire overseas and those already living abroad are the “unexpected beneficiaries” of changes to the non-dom rules outlined in the Budget that could see them escape death duties of 40 per
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A new type of graffiti has recently started appearing on walls in cities across France: paintings depicting a straight-backed woman with an auburn bob wearing a pair of dark sunglasses like a form of armour.
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. To the Royal Academy’s weirdly untrumpeted Michelangelo, Leonardo and Raphael exhibition. You can stand in the courtyard and not tell it is going on. Shame. In the last room, with god knows what trick
In the early hours of November 6, as the result of the US presidential election was called, Elon Musk posted a picture of himself walking into the Oval Office carrying a heavy porcelain basin. The image showed him standing on the iconic plush blue carpet with the presidential seal, gold curtains in the background. The
A strong dollar under US president-elect Donald Trump could wreck returns in emerging market bonds, say investors, driving further outflows from a sector already hit by a lengthy period of high interest rates in developed economies. Investors have pulled nearly $5bn overall from funds investing in dollar and local currency denominated emerging market bonds this
Scott Bessent sat directly to Donald Trump’s left as the then presidential candidate laid out his economic agenda to a roomful of Wall Street bigwigs at the Economic Club of New York in September. Following his nomination to the top job at the US Treasury department, Bessent will now move into the spotlight as the
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has picked Scott Bessent to be his US Treasury secretary, nominating one of his biggest financial backers as the top economic official of his second administration, according to five people familiar
<img src=”https://public.flourish.studio/visualisation/20436998/thumbnail” width=”100%” alt=”chart visualization” /> The municipal market was lightly traded and little changed Friday ahead of the Thanksgiving-shortened week, with strong market technicals leading to more muni outperformance to U.S. Treasuries and corporates. Triple-A yields barely budged for the ninth consecutive trading session while USTs saw small losses on the short end and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. British companies face a stealth tax rise of £900mn next year and up to £2.7bn in 2026 through higher business rates, despite Labour’s manifesto promise not to increase the amount of cash raised by the
The village of Pewaukee, Wisconsin, is facing legal action over its transportation utility fee, which the Wisconsin Court of Appeals struck down in March.Adobe Stock The village of Pewaukee, Wisconsin, has become the target of lawsuits from the state’s combined chamber of commerce and manufacturers’ association over its transportation utility fee, which was struck down
Pew senior officer Fatima Yousofi found states are considering diverse funding and financing tools to manage climate threats to their infrastructure.Pew As the municipal bond market expects issuance to swell over the next decade to accommodate climate-related infrastructure needs, states are also eying cap-and-invest and superfund programs to augment what is expected to be substantial
Longtime investment banker George Joseph McLiney, Jr., passed away unexpectedly at age 87 Saturday. The founder of McLiney and Company, which was acquired by SAMCO Capital Markets in 2019, McLiney was also a devoted husband, father, grandfather and great-grandfather, an avid golfer and a successful Kansas cattleman. George McLiney, Jr. “He loved life, and that
Few were surprised when US stocks jumped after Donald Trump’s decisive victory in the presidential election. Amid widespread assumptions of weeks of uncertainty, a clear result was always likely to prompt an initial relief rally. More unexpected was what has happened since. The president-elect has nominated a string of hardliners to senior positions, signalling his
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Tina is back in global markets. But she’s had a makeover. In the past, Tina — or There Is No Alternative to give the full name — was a reference to the idea
The dramatic rise and fall of Northvolt, Europe’s one-time battery champion, has many of the elements of a Nordic noir thriller. A desire for global domination, intense hubris and disagreements, vast amounts of cash and several unexplained deaths: the Swedish start-up has had it all on its journey to filing for Chapter 11 bankruptcy on
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 government has signalled it would arrest Benjamin Netanyahu if he travelled to the UK, a day after the International Criminal Court issued a warrant for the Israeli prime minister “for crimes against
Roosevelt & Cross CEO Charles Stavitski and President Elaine BrennanRoosevelt & Cross Charles Stavitski and Elaine Brennan have been promoted to new leadership positions at Roosevelt & Cross. The pair, who were already members of the firm’s board of directors, have taken on more leadership duties in the past year, with new titles now formalizing
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s sentencing in the Manhattan “hush money” case has been delayed indefinitely, clearing all criminal proceedings from the president-elect’s calendar as he prepares to re-enter the White House. Justice Juan Merchan on
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Amazon has invested another $4bn in artificial intelligence start-up Anthropic, bringing its total investment in the company to $8bn, as Big Tech’s race to dominate the generative AI sector intensifies. Amazon invested an initial $1.25bn
Clearway’s Victory Pass and Arica solar and battery storage project in Riverside County is among the renewable suppliers for Clean Energy Alliance.Clearway California’s burgeoning array of public community choice aggregators for electricity supply has made their presence known in the municipal bond market. This year, the California Community Choice Financing Authority issued the largest prepaid