Austria’s far-right Freedom party scored a historic victory in the country’s parliamentary election on Sunday, with the result consolidating pro-Russian, anti-establishment forces in central Europe. The FPÖ was projected to win just under 29 per cent of the ballots cast, according to a near final official estimate of the vote late on Sunday, bolstering the
In this article TGT NOG DRI Follow your favorite stocksCREATE FREE ACCOUNT The Target Corp. flagship store in Edina, Minnesota, US, on Thursday, Sept. 5, 2024. Ben Brewer | Bloomberg | Getty Images The Federal Reserve recently cut interest rates by 50 basis points, setting a favorable backdrop for dividend-paying stocks. Wall Street analysts’ recommendations
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In this article 5929.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Google earth view of Sanwa Holdings Corporation, Shinjuku Mitsui Building, 52F 2 Chome-1-1 Nishishinjuku, Shinjuku City, Tokyo 163-0478, Japan Google Earth Company: Sanwa Holdings Corp. (5929.T) Business: Sanwa Holdings is a Japan-based company mainly engaged in the manufacture and sale of building and commercial facility
Minneapolis will bring general obligation bonds to market next week in a deal that includes funding to repair damage left by the 2020 riots after a police officer killed George Floyd. The city will sell $123.59 million of tax-exempt Series 2024 general obligation bonds via competitive sale Tuesday. The municipal advisor on the deal is
The municipal market muscled through this week by holding yields mostly steady as investors digested a large new-issue slate, heavy on tax-exempt paper, even as U.S. Treasuries were weaker until Friday’s session. Municipal triple-A yield curves closed out the week with few changes, valuations were little changed — though at attractive levels — and the
While Hurricane Helene could have short- and long-term impacts on government finances and the economy, observers say Florida’s hurricane catastrophe fund has sufficient funds to cover damages without requiring immediate replenishment. Meanwhile, for now, BofA still plans to price $233 million of water and wastewater revenue bonds for Tampa on Tuesday and $210 million of
As the election approaches, tax policy issues are moving to the fore including pass-through entity exemptions used to negate the effects of the cap on state and local tax deductions. “If the SALT cap expires, then you’re going to see some states where they didn’t have this legislation, have to figure out what to do,
Samuel A. Ramirez & Co. has added public finance bankers in three separate offices as it continues to broaden its national reach. Cordelia Mendez joins as a vice president in the New York City office, Ayanna Louis-Charles joins as a senior vice president in south Florida and Courtney Okezie joins as a vice president in
A bulldozer moves coal that will be burned to generate electricity at the American Electric Power coal-fired power plant in Winfield, West Virginia. Luke Sharrett | Bloomberg | Getty Images The planned restart of Three Mile Island is a step forward for nuclear power, but the U.S. needs to deploy new plants to keep up
The Chicago Board of Education adopted a nonbinding resolution proposed by Chicago Public Schools CEO Pedro Martinez declaring a moratorium on school closures through spring 2027 during a heated meeting on Thursday. Thursday’s meeting followed a special meeting last week at which the board unanimously approved a five-year strategic plan that calls for CPS to
Alabama Democratic Rep. Terri Sewell will take over as co-head of the House Municipal Finance Caucus as Maryland Democrat Rep. Dutch Ruppersberger retires at the end of his term. Sewell will take the caucus helm at a key time as Congress is expected to tackle tax policy next year in a debate that municipal bond
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In the grounds of large estates you often find a more modest dwelling, called a “dower house”. In the past, should the owner of the estate die, the widow — or dowager — would move
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. One of the most notable developments at fashion month? There’s been a lot more space available, for a start. The benches have seemed roomier. And it’s not for a lack of people at the
California hospitals will get no extra time to retrofit hospitals against earthquakes after Gov. Gavin Newsom vetoed a bill that would have given them some breathing room. Senate Bill 1432 was approved by lawmakers with unanimous votes in both houses in August. Newsom announced his veto Sept. 12. Under existing regulations, hospitals will be forced
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. I listened to Shostakovich’s ninth symphony on the way back from Labour’s party conference in Liverpool. The prime minister mentioned the composer in his speech as the one he turns to “when the reviews aren’t
For six gruelling days earlier this month a small team of experienced Ukrainian soldiers managed to withstand Russia’s relentless assault on their position on the eastern front. All aged under 40 and with two years of fighting experience, the six men held their ground despite a barrage of rockets and killed over 100 Russian soldiers,
Signage at the New World Tower, which houses the headquarters of New World Development Co., in Hong Kong, China, on Thursday, Sept. 26, 2024. New World Developmen suspended trading of its shares in Hong Kong on Thursday morning. Bloomberg | Bloomberg | Getty Images Shares of Hong Kong’s major developer, New World Development surged over
New York Mayor Eric Adams was indicted on federal bribery, campaign finance and conspiracy charges, the U.S. Attorney’s Office announced Thursday. The charges came in a period of heavy borrowing for the city, and how the case develops could influence investor interest, analysts say. “I think people certainly are going to have questions about the
Municipals were steady Thursday as the last large deals of the week priced while municipal bond mutual funds reported the 13th consecutive week of inflows, led by high-yield. Munis were in their own lane, ignoring a mixed U.S. Treasury market while equities rallied. The two-year muni-to-Treasury ratio Thursday was at 64%, the three-year at 64%,
The Louisiana Bond Commission approved the sale of $620 million in aviation revenue bonds and $220 million in sales tax bonds and modified conditions for up to $1 billion in gas and fuels tax bonds it previously authorized. The commission consented to the sale of up to $575 million in general airport revenue refunding bonds