Inside Gaza’s Dar al-Shifa hospital, the main medical facility in the besieged Palestinian territory, the exhausted doctors treating victims of Israel’s bombardment struggle with crippling power shortages, ageing equipment and dwindling supplies. Not only the wounded descend on the hospital. Its corridors throng with Gazan families seeking a safe haven from Israeli air strikes that
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The U.S. Environmental Protection Agency has launched a civil rights investigation into Alabama’s Department of Environmental Management after reviewing complaints of discrimination in the distribution of federal funds. In a letter addressed to ADEM Director Lance Lefluer, the EPA said it would launch a probe into state policy concerning distributions from a federally backed sewage
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Prospective buyers visit an open house for sale in Alexandria, Virginia. Jonathan Ernst | Reuters The housing market is dealing with a number of “tricky” dynamics, according to Tracy Kasper, the president of the National Association of Realtors. “What we’ve experienced over the last probably 12 to 18 months is what I really like to
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Issuers focused on boosting ESG  scores through mitigation efforts must face the hard fact that climate risk trumps being prepared.  “There could be a point where the materiality of this risk is greater than the ability to prepare or the ability to manage it,” said Nora Wittstruck, senior director, ESG sector leader, S&P Global Ratings. “It becomes
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Wall Street’s profits declined 4.3% to $13 billion in the first half of the year compared to the same period in 2022, according to a report issued Thursday by New York State Comptroller Thomas DiNapoli. DiNapoli said the data shows the financial industry’s return to pre-pandemic levels of revenue after it had record profits in
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Muni Pride, the first LGBTQ+ organization for the municipal bond industry, is hosting its first event in Chicago this month as it continues efforts to grow nationally. The organization, launched in 2019 by three San Francisco-based industry leaders as California Muni Pride, rebranded this summer to Muni Pride to match efforts to expand the group
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The Financial Data Transparency Act will likely make financial reporting more difficult for issuers, as regulators and governing bodies are now tasked with the challenge of providing data standards that can apply across cities, counties, hospitals, school districts and universities, among others. That’s according to panelists at this year’s Government Finance Officers Association 5th Annual
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Over the past several years, as the fortunes of other Chicago neighborhoods waxed and waned with economic cycles and a planet-wide health crisis, Fulton Market has remained the steadiest of all Windy City nooks. Situated immediately west of the Loop central business district, the enclave’s popularity with developers, restaurateurs, office and retail tenants, home buyers
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