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
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
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 election victory last month ignited a trading frenzy at brokerage houses and Wall Street banks as expectations for sweeping policy changes added fuel to a US stock rally. Trading volumes in
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
Stay informed with free updates Simply sign up to the UK energy myFT Digest — delivered directly to your inbox. Ministers are considering weakening the rights of communities to object to new pylons or wind farms in their neighbourhoods as they race to decarbonise the electricity system by 2030. The UK government is exploring overhauling
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
<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
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
In this article ARKK ZM Follow your favorite stocksCREATE FREE ACCOUNT Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange on Feb. 27, 2023. Brendan McDermid | Reuters Innovation investor Cathie Wood’s struggling funds enjoyed a much-needed boost from Donald Trump’s reelection, but
Traders work on the floor of the New York Stock Exchange during morning trading on Nov. 26, 2024. Michael M. Santiago | Getty Images Bitcoin exchange traded funds are now the largest holders of the flagship cryptocurrency. The 12 spot bitcoin ETFs in existence have collectively passed $100 billion in assets under management, one of
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,
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
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
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
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A British hedge fund trader at the heart of Europe’s sprawling “cum-ex” dividend scandal has been sentenced to 12 years in prison by a Danish court for defrauding the Nordic country of DKr9bn ($1.3bn). Sanjay
<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
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
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
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
Elon Musk, the worlds richest person, on Wednesday became the first to hit $400 billion in net worth, according to the Bloomberg Billionaires Index. The value of shares in Tesla, Musks electric vehicle company, have soared in recent months hitting an all-time high of $424.88 a share on Wednesday and closing at a record of
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