<img src=”https://public.flourish.studio/visualisation/20781708/thumbnail” width=”100%” alt=”chart visualization” /> The municipal market grew in the third quarter of 2024 amid the surge in supply while mutual funds, exchange-traded funds and foreign buyers increased their ownership of the asset class in the third quarter, Fed data shows. However, “muni holdings of all institutional investors, lead by banks, is still
“The Committee will hit the ground running in 2025,” said current and future Chairman Sam Graves, R- Mo. ”Our work will include working with President Trump to advance his infrastructure priorities, developing the next long-term surface transportation reauthorization, and reprioritizing policies that are consistent with the core purpose of infrastructure .U.S. House of Representatives The future of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Russia appears to be withdrawing some of its Syria-based forces following the sudden fall of Bashar al-Assad’s regime, according to analysis of satellite photography and a Ukrainian intelligence assessment. Images captured by Maxar and Planet
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world We will soon find out whether Donald Trump has changed his tune on the dollar. In his first term, the comeback president had a clear preference for a weaker buck. On one notable
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s defence minister told troops to fortify their position in newly seized Syrian territory, making plans to send in reinforcements and equipment despite UN demands that the country retreat immediately. Since rebels toppled Bashar al-Assad’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is the author of ‘Uncharted: How to Navigate the Future’ Turnarounds are tougher than they look. The stories (always told backwards) suggest a single hero, usually male, rides into town, takes daring and
Chancellor Rachel Reeves came to office in July pledging to make stronger growth the number one mission of the new Labour government. Official figures on Friday underlined how far she is from achieving this ambition. After gaining momentum since 2023, output slipped back in September and October. The figures confirm that businesses and households shied
The Federal Reserve is expected to lower interest rates by another quarter point at the end of its two-day meeting on Dec. 18. That would mark the third rate cut in a row — altogether shaving a full percentage point off the federal funds rate since September. So far, the central bank has moved slowly as they recalibrate policy after
Share on Pinterest The Western diet, which is high in ultra-processed foods, is a major cause of chronic inflammation. Kseniya Ovchinnikova/Getty ImagesA new study found higher levels of inflammation in colorectal cancer tumors, suppressing the bodys ability to fight the disease.Researchers note the typical Western diet is a driver of inflammation, while other studies have
Stanley, the brand name whose cups became a cultural phenomenon in recent years thanks to the viral trend on TikTok, is recalling 2.6 million mugs due to dozens of people suffering burn injuries caused by a defect in the lid. The federal government announced on Thursday that Stanley was recalling 2.6 million of its 12-
Florida Gov. Ron DeSantis has signed into law a bill that would ban most abortions in the state after six weeks, before many people know theyre pregnant, further decimating abortion access in the South. The bill passed the Republican-controlled House of Representatives on Thursday afternoon in a 7040 vote. DeSantis signed it into law hours
Warner Bros. Discovery said Thursday that it is restructuring into two operating divisions — with one focusing on its struggling legacy cable TV business and the other on streaming and studios — in a rejigger that could set it up for “strategic opportunities” down the road. The media giant — in what insiders called a
Attorneys general in Minnesota and New Jersey sued Glock on Thursday, accusing the company of making handguns that are easily modified to fire as illegal machine guns through a cheap add-on known as a Glock switch. The lawsuits said the $20 switches transform Glock handguns, which the complaints said were the most popular brand, into easily concealable
Jet-setting global bureaucrats can join an exclusive five-star country club outside Washington without coughing up a dime — all part of lavish perks that are effectively subsidized by the US government, The Post has learned. Staffers at the International Monetary Fund and the World Bank raking in six-figure, tax-free salaries at both global bodies qualify
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The City of London has approved plans for its new tallest skyscraper, a 74-storey office tower that will be tied with the Shard as western Europe’s tallest building. Plans for the tower, called 1 Undershaft
Trucks arriving from Mexico wait for inspection at the Otay Mesa point of entry in San Diego.Bloomberg News New tariff threats by President-elect Donald Trump would likely impact state and local government finance, economists and analysts say, though exactly how remains unknown. In campaign statements, and a post-election social media post, Trump said he would
President Emmanuel Macron has selected one of his earliest allies, the centrist politician François Bayrou, as prime minister in a bid to stabilise the political turmoil in France that has bogged down his second term. The 73-year-old’s appointment came after a nearly two-hour long meeting at the Élysée Palace, which was said to be tense
Outgoing President Joe Biden granted 39 pardons and commuted the sentences of roughly 1,500 federal offenders serving the remainder of their sentences on home confinement today. The orders came under intense pressure from a coalition of civil rights, criminal justice, and religious groups urging Biden to use his clemency power to grant relief to several
Israeli forces are continuing a large-scale bombing campaign of Syrian targets following the ouster of Bashar al-Assad, attacking the Port of Latakia and a weapons storehouse in Tartus. Israeli troops have pushed deeper into the occupied Golan Heights and a demilitarized buffer zone established by the United Nations a half-century ago.
In northern Syria’s Latakia region, opposition fighters set fire to the tomb of Hafez al-Assad, Syria’s longtime authoritarian leader and father of ousted President Bashar al-Assad.
Stanley, the brand name whose cups became a cultural phenomenon in recent years thanks to the viral trend on TikTok, is recalling 2.6 million mugs due to dozens of people suffering burn injuries caused by a defect in the lid. The federal government announced on Thursday that Stanley was recalling 2.6 million of its 12-
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