With a sharp decrease in revenue growth expected in fiscal 2025, New Mexico Gov. Michelle Lujan Grisham proposed a $10.5 billion spending plan that she said maintains hefty reserves that help cushion state coffers from volatility in the fossil fuel industry, which generates tax and other revenue.  “Here’s my promise to New Mexicans in future
0 Comments
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Goldman Sachs has reported its lowest annual profits in four years, as losses caused by its pullback from retail banking compounded a slowdown in its core business. Net income for 2023 fell 24 per cent
0 Comments
Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. Those parochial Democrats. Those globalist Republicans. Last week, when US forces struck Houthi rebels in Yemen, some Congressional left-wingers objected to the action itself or to the lack of legislative consent for it, or
0 Comments
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK wage growth slowed in the three months to November, according to official data that suggests inflationary pressures had already eased by more than the Bank of England thought when it published its most recent
0 Comments
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fujitsu is facing mounting pressure this week to foot part of an estimated £1bn compensation bill for the victims of the Horizon IT scandal. The Japanese IT company developed the faulty computer system at the
0 Comments
Iran’s Revolutionary Guards launched a barrage of ballistic missiles against targets in Syria and northern Iraq, including what the elite force described as an Israeli intelligence centre, in a significant escalation of hostilities with the Jewish state. The guards said on Monday the missile strikes on an “espionage centre” in Erbil, the capital of Iraq’s
0 Comments