<img src=”https://public.flourish.studio/visualisation/20997687/thumbnail” width=”100%” alt=”chart visualization” /> Municipals had a stronger tone Tuesday as investors closed their books ahead of the New Year holiday while U.S. Treasuries were mixed and equities saw losses for the final session of 2024. While municipals have outperformed USTs on the whole in 2024, they will close December with losses. How
0 Comments
Home Depot navigated a challenging 2024 marked by elevated interest rates and a cautious consumer. But as the year progressed, signs of recovery emerged, setting the stage for a rebound in 2025, fueled by increased housing turnover and pent-up demand in the home improvement market. Year-to-date performance: up 12% Forward price-to-earnings multiple: 25 versus a
0 Comments
<img src=”https://public.flourish.studio/visualisation/20996667/thumbnail” width=”100%” alt=”chart visualization” /> Issuance in 2024 surged to a record $500 billion-plus figure, as infrastructure spending needs, election-related concerns and a slew of mega deals led issuers to come to market en masse. The muni market saw a record $507.585 billion of debt issued in 2024, up 31.8% from $385.061 billion in
0 Comments
“President Trump and I had a great meeting to discuss our shared priorities for the President’s second term,” said Bowser. ”President Trump and I both want Washington DC to be the best, most beautiful city in the world and we want the capital city to reflect the strength of our nation.”     DC.Gov President-elect Donald Trump and Washington,
0 Comments
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK officials are studying ways to price NHS patients’ data to streamline the sale of information to companies and researchers, as part of proposals to mine the value of the health service’s vast store of
0 Comments
Progressive Field, home of baseball’s Cleveland Guardians, is one of two sports facilities in the city subject to tens of millions in capital repairs.Bloomberg News Ohio’s Cuyahoga County Council has approved the sale of $14.5 million of general obligation bond anticipation notes to pay for capital repairs to Progressive Field and Rocket Mortgage Fieldhouse, home
0 Comments
Puerto Rico Electric Power Authority(AEE) workers repair electrical infrastructure damaged from Hurricane Maria at an intersection in Canvanas on Oct. 10, 2017. The island was hit with a blackout on Tuesday.Bloomberg News Nearly all of Puerto Rico was without power Tuesday after a widespread failure in the fragile electricity grid triggered an island-wide blackout. The
0 Comments
Russian gas flows through Ukraine are set to stop on Wednesday when a transit deal between the two countries expires in the wake of Moscow’s full-scale invasion. The pipeline was one of the last two routes still carrying Russian gas to Europe nearly three years into the full-scale war. EU countries will lose about 5
0 Comments
Stay informed with free updates Simply sign up to the Investment Banking myFT Digest — delivered directly to your inbox. Banks are on course to generate their highest annual trading revenues since 2010, as equity derivatives and credit deals help power the business. The industry is expected to bring in almost $225bn in trading revenues
0 Comments
For decades, Art Cashin, UBS’ director of floor operations at the New York Stock Exchange, would write a New Year’s poem to reflect back on the year’s events. With Cashin’s passing earlier this month, his sons, Arthur and Peter, sent this homage to their father: Some Other Cashins’ Comments:  An Homage PresentationDecember 30, 2024  by
0 Comments
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Count yourself a British politics addict? Confident you’ve been paying attention to Westminster throughout 2024? Put your knowledge to the test with the FT’s Political Fix quiz of the year. If you want to know
0 Comments
Germany’s kindergartens are in crisis, with staff shortages wreaking havoc in the lives of working parents, damaging the nation’s productivity and risking the future prospects of a generation of children. The lack of trained childcare workers in the EU’s largest economy is causing overcrowding in day-care centres, emergency closures and a shortage of available places
0 Comments
€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
0 Comments
A recent feature of the FT’s annual predictions has been that what was once seen as a light-hearted exercise has increasingly had to grapple with issues of war and peace. This year our writers offer predictions on conflicts in Ukraine, the Middle East, Sudan — and another kind of war, of tariffs. Readers may disagree,
0 Comments
Russia’s military prepared detailed target lists for a potential war with Japan and South Korea that included nuclear power stations and other civilian infrastructure, according to secret files from 2013-2014 seen by the Financial Times. The strike plans, summarised in a leaked set of Russian military documents, cover 160 sites such as roads, bridges and
0 Comments