California’s bond rating outlook was revised to stable from negative by Moody’s Ratings.Bloomberg News California’s improved revenue outlook has brought the Golden State an improved rating outlook. Moody’s Ratings revised the outlook on California’s Aa2 rating to stable from negative Monday afternoon. Moody’s had revised the outlook to negative in May 2023 citing the state’s
€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 Global Economy myFT Digest — delivered directly to your inbox. Has rapid economic growth in the world’s high-income countries come to an end? If so, did the bursting of the bubble economy in 2007 mark the turning point? Alternatively, are we at the start of
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 as US president brings “clear dangers” of a global race to the bottom on financial regulation, the chair of the UK Financial Conduct Authority told MPs. “You can see the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Property magnate Nick Candy has left the Conservative party to become the treasurer of Nigel Farage’s Reform UK, the latest high-profile defection to the rightwing populist party as it rises in opinion polls. Candy, who
Treasury chief secretary Darren Jones on Tuesday launched a six-month “line by line” review of £1.2tn in UK public spending, equipped with a new device to keep ministers in line: a “dashboard” that starts flashing at them if they blow their budget. Ministers will need to input their spending plans within limits that some economists
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s financial regulator has been accused of acting in an “irrational” and “unfair” manner when it excluded supposedly “sophisticated” victims of an interest-rate hedging mis-selling scandal from a redress scheme of more than £2.2bn.
“If you’re looking at a $2 billion capital cost, it’s generally outside the reach of governments to invest that kind of money into a building, said David Abrams, an investment banker with Inner Circle Sports. ”The need for capital from a variety of sources is much greater and the revenue streams are more diverse. Ticket prices are no longer just general admission
Oklahoma Treasurer Gentner Drummond, pictured criticized State Treasurer Todd Russ for fumbling the defense of the state’s anti-ESG law.Oklahoma attorney general’s office Oklahoma’s legal fight to reinstate its “anti-ESG” law will continue amid a public squabble between two elected officials who support the law. Oklahoma’s Energy Discrimination Elimination Act of 2022 prohibits state and local
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Blackstone’s roughly £300mn bid to acquire the “Can of Ham” skyscraper in London has fallen through, the latest sign that big-ticket office sales remain stalled by disagreements over what buildings are worth. The US group,
Stay informed with free updates Simply sign up to the UK energy myFT Digest — delivered directly to your inbox. Brussels is advising EU member states not to allow the UK deeper access to the bloc’s electricity markets, despite industry warnings of higher energy bills for consumers and a slower transition to net zero. In
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world If Iran is a sitting duck and Joe Biden a lame duck, what is Donald Trump? Some might say a bird of prey; others a vulture. A minority think he is a dove.
KINGSPORT, Tenn. Jerry Qualls had a heart attack in 2022 and was rushed by ambulance to Holston Valley Medical Center, where he was hospitalized for a week and kept alive by a ventilator and blood pump, according to his medical records. This story also ran on States Newsroom. It can be republished for free. additional
Disney is enlarging its bet on its cruise business with a $12 billion expansion that includes more than doubling its fleet and pushing into Asia. With the major investment, the Mouse House will grow its fleet from six to 13 ships by 2031, according to a report from The Wall Street Journal on Sunday. Given
Cracker Barrel issued an apology after one of its Maryland locations refused to serve a group of local students with special needs. The chain claimed that it was unable to accommodate the large party of students for reasons unrelated to their disabilities but recognized that the situation was “unfortunate.” “Our missteps last week were unfortunate
Macys just staged a fire sale to kick off the holidays only this time the discount was on a chunk of real estate in downtown Brooklyn, The Post has learned. As reported by The Post, the retail giant last week sold its department store at 422 Fulton St. to a syndicate of New York real
Average US gasoline prices fell below $3 a gallon for the first time in over three years on Monday, extending a run of bargains at the pump for consumers who have faced soaring inflation in recent years. Fuel prices have been declining steadily since the end of the peak summer driving season, helping boost consumer spending even
KFF Health News senior correspondent Arthur Allen discussed the fragility of our vaccine infrastructure on The Atlantic’s “Radio Atlantic” on Dec. 5. Click here to hear Allen on “Radio Atlantic” Read Allen’s “Scientists Fear Whats Next for Public Health if RFK Jr. Is Allowed To Go Wild” KFF Health News contributor Andy Miller discussed U.S.
KINGSPORT, Tenn. Jerry Qualls had a heart attack in 2022 and was rushed by ambulance to Holston Valley Medical Center, where he was hospitalized for a week and kept alive by a ventilator and blood pump, according to his medical records. This story also ran on States Newsroom. It can be republished for free. additional
Disney is enlarging its bet on its cruise business with a $12 billion expansion that includes more than doubling its fleet and pushing into Asia. With the major investment, the Mouse House will grow its fleet from six to 13 ships by 2031, according to a report from The Wall Street Journal on Sunday. Given
Cracker Barrel issued an apology after one of its Maryland locations refused to serve a group of local students with special needs. The chain claimed that it was unable to accommodate the large party of students for reasons unrelated to their disabilities but recognized that the situation was “unfortunate.” “Our missteps last week were unfortunate
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