Hollywood High School is part of the Los Angeles Unified School District, which is asking voters to authorize $9 billion of bonds.Bloomberg News The Los Angeles Unified School District, the second-largest in the US, is asking local voters to approve the sale of $9 billion in school construction bonds Tuesday to modernize its aging facilities
Traders work on the floor at the New York Stock Exchange on Oct. 24, 2024. Brendan McDermid | Reuters Stocks typically rise after a presidential election — but investors need to be prepared for some short-term choppiness first, history shows. The three major benchmarks on average have seen gains between Election Day and year-end in
If Donald Trump prevails in the 2024 presidential election, he will have won more than just the White House. A second term would put him in a uniquely powerful position to stymie some of the most serious criminal cases against him, including two federal indictments accusing him of mishandling classified documents and seeking to overturn
<img src=”https://public.flourish.studio/visualisation/20133839/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were firmer Monday as market participants brace for likely volatility due to the dueling events of the election and the Federal Open Market Committee rates decision. U.S. Treasury yields fell, with the greatest gains out long, and equities were down near the close. The two-year municipal to UST
Rep. Richard Neal, D-Mass, would re-take the helm of powerful House Ways and Means Committee if Democrats win the House.Bloomberg News A handful of tight Senate and House elections will determine control of key Congressional committees in Tuesday’s federal election, with the outcome determining the shape of a high-stakes tax policy debate and the next
Standard Digital Standard & FT Weekend Print wasnow 38 € per 3 months The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app
Standard Digital Standard & FT Weekend Print wasnow 38 € per 3 months The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app
Enjoy complimentary access to top ideas and insights — selected by our editors. October’s roundup of pressing items in the bond markets includes a spate of lawsuits involving municipal bonds, the ongoing bankruptcy of Chester, Pennsylvania, issuers weighing in on the Financial Data Transparency Act and more. Click here to read September’s grouping of top
“The elective pay provisions of IRA allow public power utilities, rural electric cooperatives, the Tennessee Valley Authority, and other qualifying tax-exempt entities to directly benefit from certain energy-related credits,” said John Godfrey, senior government relations director, American Public Power Association.APPA Provisions in the Inflation Reduction Act are changing the landscape for issuers this tax season
Vogtle nuclear power units 4 and 3. Fitch Ratings upgraded the J and M project bonds and affirmed the P project bonds. Georgia Power Company Fitch Ratings upgraded $4.2 billion in Municipal Electric Authority of Georgia bond debt to A-minus from BBB-plus. The upgrades affect $1.7 billion of Plant Vogtle units 3 and 4 project
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An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California. Mario Tama | Getty Images U.S. homeowners are sitting on a record amount of equity, but higher interest rates over the past two years have made them reluctant to tap
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Kamala Harris and Donald Trump will use their final day on the campaign trail stumping for votes in Pennsylvania, the presidential election’s biggest battleground state where polls continue to show the candidates
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Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House The dollar weakened on Monday in a partial reversal of its gains after polls over the weekend indicated the presidential race between Kamala Harris and Donald Trump was deadlocked. An index measuring
A power substation near the LC1 CloudHQ data center in Ashburn, Virginia, United States. Nathan Howard | Bloomberg | Getty Images Technology companies’ push to directly power artificial intelligence with nuclear plants hit a major roadblock, after a federal regulator rejected a request to increase power for an Amazon data center. The Federal Energy Regulatory
Standard Digital Standard & FT Weekend Print wasnow 38 € per 3 months The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app
The Jefferson Hospital for Neuroscience in central Philadelphia is part of the Jefferson Health hospital network.Bloomberg News The healthcare and higher education sectors have struggled for years. But Thomas Jefferson University is forging ahead. The Philadelphia-based university, which runs the growing Jefferson Health hospital network, priced $1 billion of refunding revenue bonds Wednesday. The system
Election day is on Tuesday but Americans might have to wait longer to learn who their next president will be. The timing of a Kamala Harris or Donald Trump victory depends on two factors: how fast states count their ballots and how close the results are. Each state has its own rules for processing and
At a campaign rally in Green Bay, Wisconsin, on Wednesday, Donald Trump vowed to “protect” women, “whether they like it or not”. At his landmark Madison Square Garden speech in New York City, he promised to “kick” undocumented immigrants “the hell out of our country as fast as possible”. And at a large indoor event
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House The ability to decipher true investment information from noise is always key to successful investing, but today’s highly polarised US presidential election presents an extraordinary challenge to investors. Filtering what’s important from