Massachusetts plans to come to market on Thursday with $1.4 billion of general obligation bonds that will kick off the first full trading week of the year. The deal is one of the largest offerings of the week, which will see $9.1 billion of supply flood into the market after the weeks-long holiday drought. Jefferson
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a contributing columnist, based in Chicago Luis, 28, and his wife, Maria, 26, squat among the patchwork of air mattresses, sleeping bags and blankets that they call home, in a disused part
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bet365 chief Denise Coates earned close to £300mn last year in pay and dividends from the UK-based gambling group, confirming her position as one of the world’s best-paid executives. Coates was paid about £221mn in
Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. “I believe in America.” That phrase has rattled around my head, throughout the rise, fall and rise again of Donald Trump. Only belatedly did I recall that this comforting sentiment is the opening
Shares in Boeing and supplier Spirit AeroSystems both tumbled on Monday as investors weighed the financial fallout from Friday’s mid-flight accident on an Alaska Airlines aircraft. US investigators announced on Sunday that they had located the door that blew out of the Boeing 737 Max during the flight. The incident prompted an emergency landing and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Inside Politics newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. The Conservative party has found a song to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Deloitte is rolling out a generative artificial intelligence chatbot to 75,000 employees across Europe and the Middle East to create power point presentations and write emails and code in an attempt to boost productivity. The
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. This may be the year that content creators finally fight back against surveillance capitalism. Over the past few weeks, there have been multiple lawsuits filed by news providers large and small, as well as comedians,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Forget the S&P 500, and the frenzied excitement of recent weeks as the US index flirted with record levels. The FTSE MIB index of Italy’s 40 biggest stocks is where the real boom story is
In the worst of her mania, Isobel Hallett planned to put her magical powers to use by jumping off the local viaduct and flying over the town of Knaresborough in Yorkshire. “People telling me ‘you can’t fly’ just made me cross,” Hallett says of her first fully manic episode in May 2022. She was subsequently
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is head of research at Barclays Regulators and investors are worried about the fragility of government bond and funding markets. This is understandable. These markets are vital for financing governments, for monetary policy
Stay informed with free updates Simply sign up to the US banks myFT Digest — delivered directly to your inbox. A pile-up of bad debt threatens to sour investors’ growing optimism about the prospects for the US’s largest banks when they report fourth-quarter earnings this week. Non-performing loans — debt tied to borrowers who have
A bill that has yet to make it out of the Washington State Senate would establish a public bank with a narrow scope, giving municipalities an alternative option to the bond market for financing a variety of infrastructure projects. jdoms – stock.adobe.com Advocates for public banking in Washington State are building support for a state-owned
Republican and Democratic leaders on Capitol Hill have reached a $1.66tn agreement on the level of US federal spending for 2024, in a breakthrough that moves Congress one step closer to avoiding a costly government shutdown. The news was jointly announced on Sunday by Chuck Schumer, the Democratic Senate majority leader, and Mike Johnson, the
Rishi Sunak, prime minister, will on Monday claim that Britain enters an expected election year “pointing in the right direction”, as he put the promise of tax cuts at the heart of his attempt to revive Tory fortunes. Sunak is attempting to emulate John Major’s unlikely 1992 Tory election win by deploying the same core
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Republican and Democratic leaders on Capitol Hill have reached an agreement on the level of federal spending for 2024, in a breakthrough that moves Congress closer to avoiding a costly government shutdown. The news was
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Members of the RMT union have called off a week of strikes across the London Underground network after a late breakthrough in discussions with Transport for London, the capital’s public transit body. The UK’s largest
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A dangerous mid-air breach in the fuselage of a 737 Max is just the latest production lapse at Boeing, raising questions about whether the manufacturer can deliver a quality product as it strives to build
Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. US defence secretary Lloyd Austin has taken the blame for concealing his hospitalisation this week in a breach of protocol that left US President Joe Biden in the dark about his health. The
In this article MU BKNG NKE Follow your favorite stocksCREATE FREE ACCOUNT Workers install a Nike logo lamp outside the Wukesong Arena in Beijing, August 28, 2019. Tingshu Wang | Reuters The U.S. stock market started 2024 on a dismal note, but investors will need to look past the short-term uncertainty. Rather than worrying about
A pedestrian holds an umbrella as they walk along a street in the rain in Times Square, New York, on Sept. 26, 2023. Ed Jones | AFP | Getty Images The state of the U.S. economy may be a chief concern among Americans, but 2023 wound up as a pretty good year for the macroenvironment.