Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Austrian property tycoon René Benko has been arrested, as Vienna’s criminal prosecutors accused him of making inaccurate statements during the insolvency proceedings of his Signa property holding in an attempt to embezzle assets. Law enforcement
0 Comments
UK ministers are looking at joining an EU trade arrangement with neighbouring countries as part of post-Brexit “reset” talks which begin in earnest this year, as Brussels confirmed it would be open to the idea. Maroš Šefčovič, the EU’s trade chief who is leading talks with Britain, said on Thursday a “pan-European [customs] area is
0 Comments
<img src=”https://public.flourish.studio/visualisation/21273943/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were firmer Wednesday as the primary market picked up, led by the $2 billion retail pricing from the Regents of the University of California in the negotiated market and a $1.2 billion deal from the state of Washington in four series in the competitive market. U.S. Treasury yields
0 Comments
The Texas House and Senate unveiled their budget plans for the fiscal 2026-27 biennium.Bloomberg News The Republican-controlled Texas House and Senate on Wednesday unveiled base budget plans for the upcoming biennium with both chambers proposing to continue funding and expand a massive property tax cut enacted in 2023. Armed with a record $39.4 billion cash
0 Comments
“It is unfathomable to me that on the first day of this administration, the President signed an executive order to pause this progress, putting millions of dollars, hundreds of thousands of jobs and thousands of projects located in every congressional district in this country at risk,” said House Transportation and Infrastructure Ranking Member Rick Larsen,
0 Comments
Gary Hall, Siebert’s president of infrastructure and public finance.Siebert Williams Shank The Siebert Williams Shank Foundation has donated $100,000 to two organizations providing aid to Los Angeles residents affected by the wildfires. The donations were split equally between the California Community Foundation Wildfire Recovery Fund and the Los Angeles Fire Department Foundation. “Our hearts go
0 Comments
The Oklahoma County Detention Center, which opened in 1991, is slated to be replaced with a bond-financed facility.Oklahoma County Detention Center With costs escalating for a bond-financed replacement jail, an Oklahoma County oversight board on Tuesday endorsed holding a special election on a sales tax to help fund the construction and operation of the facility. 
0 Comments
“The interval fund structure is well suited to the municipal market throughout a cycle,” said Alex Petrone, Rockefeller Asset Management’s director of fixed income.Rockefeller Asset Management A trio of interval funds new to the municipal bond market underscore the growing popularity of this type of closed-end fund as managers look for alternative investments that offer
0 Comments
Antitrust lawyers have questioned the “extraordinary” decision by ministers to force out the chair of Britain’s competition watchdog, suggesting that it could have a “chilling” effect on other UK regulators. The government confirmed the departure of Marcus Bokkerink as chair of the Competition and Markets Authority on Tuesday evening, after the Financial Times reported that
0 Comments
The Chicago area’s Regional Transporation Authority is calling for $1.5 billion in funding from state and local sources, including higher local sales taxes and rider fares. Regional Transportation Authority With Chicago-area transit services facing a fiscal cliff and state lawmakers in Springfield advocating major governance reforms, the region’s Regional Transportation Authority released a plan last
0 Comments