Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world It is taken as read that America’s next president is bad news for diversity, equity and inclusion — the now-ubiquitous shorthand for the notion that workplaces should be fair, encouraging and open to
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George Sweeney strides across the site of a partially constructed 27-storey apartment block in Bermondsey, in south-east London, shaking hands and chuckling with the construction workers he passes.  The 17-year-old says he was the only teenager in his class at secondary school to do a construction apprenticeship last year. Throughout mainstream education “you’re pushed down
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Shares in software provider ServiceTitan have closed their debut up 42 per cent in New York, wrapping up the US calendar for large public listings with an encouraging signal for 2025. The lossmaking group, which provides tradespeople with services such as scheduling and advertising, raised $625mn selling shares at $71 apiece, having raised its initial
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<img src=”https://public.flourish.studio/visualisation/20767979/thumbnail” width=”100%” alt=”chart visualization” /> Munis have seen losses over the past week, culminating with Thursday seeing the biggest cuts to triple-A yield curves, as issuance slowed and muni mutual funds reported outflows for the first time since the summer. U.S. Treasury yields rose and equities ended down. Muni yields were cut two to
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Orlando Health senior vice president of finance John Miller said offering the bonds in one state rather than two states will save his company bond counsel and other fees. The Orange County, Florida, Health Facilities Authority will offer $1.4 billion of hospital revenue bonds for Orlando Health the week of January 13. OCHFA will sell
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U.S. District Judge Laura Taylor Swain ordered further mediation in the PREPA bankrputcy despite mediators’ insistence it was pointless. U.S. District Judge Laura Taylor Swain ordered Puerto Rico Electric Power Authority parties to return to mediation despite the mediators’ determination further talks would be fruitless. The mediators shared their views in a Monday court filing,
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Michael Decker, senior vice president of federal policy and research at the Bond Dealers of America. The Municipal Securities Rulemaking Board is considering rule changes modernizing disclosure duties for brokers, electronic delivery methods and disclosure timing to boost transparency and standardize practices for municipal fund securities. “We welcome the MSRB’s concept release on municipal fund
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC is reviewing its retail banking operations outside the UK and Hong Kong, a move that could see it substantially scale back operations in countries including Mexico, as it seeks further cost cuts. The bank
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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The fatal shooting of Brian Thompson, the CEO of America’s largest health insurer, in Manhattan last week sent chills through US boardrooms. The suspect charged with the UnitedHealthcare executive’s murder on Monday was
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<img src=”https://public.flourish.studio/visualisation/20747706/thumbnail” width=”100%” alt=”chart visualization” /> Municipal bond supply projections for 2025 are at a high of $745 billion and a low of $480 billion, with most firms anticipating issuance next year will be on pace, if not surpass, 2024’s record-breaking total. While interest rates, inflation and macroeconomic policy will play a role in the
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A view of the St. Augustine’s University campus with downtown Raleigh, North Carolina in the background.St. Augustine’s University A controversial, high interest-rate loan is helping one of the oldest historically Black colleges in the country, Saint Augustine’s University, stay afloat – for now. After struggling for years to maintain steady enrollment, the Raleigh, North Carolina-based
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A week after Donald Trump won the presidency again, I sat across from Chris Murphy in his minimalist but well-appointed D.C. office. The Connecticut senator sounded like a man who had done a speedrun through all five stages of grief and was ready to talk about what comes next: how his party could learn from
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