<img src=”https://public.flourish.studio/visualisation/20705605/thumbnail” width=”100%” alt=”chart visualization” /> Municipal bonds were little changed to a touch weaker in spots as investors shifted their focus to the larger new-issue slate ahead while U.S. Treasuries saw losses along the curve and equities closed the session in the red. Municipal yield curves were mostly little changed to weaker by a
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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. The rebel force that toppled Bashar al-Assad sought to consolidate its control of Syria on Monday, amid fears the change of regime in Damascus could fuel regional instability. Hayat Tahrir al-Sham, a one-time al-Qaeda affiliate,
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Palomar Health’s steep operating losses call into question the solvency of the healthcare district.Palomar Health Palomar Health, an Escondido-based two-hospital system, which was downgraded by Moody’s Ratings to junk in October, has reported a $165 million operating loss for the fiscal year ended June 30. Palomar Health is the largest public health care district in
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After the deadly collapse of a 12-story condominium tower in the Surfside suburb of Miami, Florida, in 2021, state lawmakers implemented new requirements for older condominiums. Buildings at least 30 years old, like the Champlain tower that fell, have to undergo special inspections, make repairs and gather reserve funds for future maintenance. The deadline is
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The latest Water Resources Development Act bill is named after outgoing Senate Environment and Public Works Committee Chair Tom Carper, D-Del.Rachel Wisniewski/Bloomberg The U.S. House of Representatives is poised to vote this week on a sweeping water infrastructure bill that would send billions to flood-control and coastal resiliency projects and revamp a popular transportation loan
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A federal judge has ordered the U.S. Food and Drug Administration to publicly disclose more information underpinning its authorization of COVID-19 vaccines, after failing to persuade the court to end the public records lawsuit. In a ruling, on Friday, U.S. District Judge Mark Pittman in Fort Worth, Texas, ordered the agency to produce its emergency use authorization
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Amidst the annual holiday boom in turkey sales, the United States Department of Agriculture (USDA) is proposing a new rule to reduce salmonella in poultry. That’s a laudable goal, but the actual regulationas is often the caseis being shaped in a way that hurts small farmers and meat processors while helping large agricultural conglomerates. This
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