Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In April, a month after Japan’s biggest sex abuse scandal in the entertainment industry came to light, the talent agency under question belatedly established a whistleblower hotline that would allow victims to come forward. The
Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. The US House of Representatives has voted to avert a costly government shutdown, in a significant victory for the new Speaker that would keep the federal government funded until early next year while
Real estate groups led a Wall Street rally on Tuesday, following a softer than expected inflation report earlier in the day. The S&P 500 closed 1.9 per cent higher, with the interest rate sensitive real estate sector leading the way with a 5.4 per cent advance. The SDPR S&P Homebuilders ETF gained 5.9 per cent,
Municipals were firmer across the curve, but underperformed a U.S. Treasury rally after a lower consumer price index report indicated the Federal Reserve may soon be done hiking rates. Equities also rallied. “The Fed looks smart for effectively ending its tightening cycle as inflation continues to slow,” said Bryce Doty, senior vice president and senior
A tranche of economic development revenue refinancing bonds issued by the Arkansas Development Finance Authority has been found to be taxable by the Internal Revenue Service. The ruling affects $5.43 million of paper issued by the ADFA in 2016. The issuer has received notice from the IRS via form 5701-B that includes a proposed adverse determination,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer is braced for a spate of resignations or sackings on Wednesday, as some of the Labour leader’s frontbenchers consider disobeying him and backing a call for a Gaza ceasefire. Following a debate
Stay informed with free updates Simply sign up to the Monetary policy myFT Digest — delivered directly to your inbox. Have central bank interest rates peaked in the US and the eurozone? If so, how quickly might they fall? From around mid-2021, central banks clearly had to tighten significantly. But what they have to do
Indianapolis plans to issue bonds this week to finance the city’s entry into the convention center hotel business with a deal that has put a small smudge on the city’s shiny bond ratings. The city through its Indianapolis Local Public Improvement Bond Bank is selling $591.8 million of debt to finance construction of what will
Enjoy complimentary access to top ideas and insights — selected by our editors. Transcription: Lynne Funk: Hello everyone, and welcome to another Bond buyer podcast. I’m Lynn Funk, executive editor at The Bond Buyer, and I am excited to welcome Steven Winterstein, founder of SP Winterstein and Associates, which he opened in June. His firm
Both regulators and the wide swath of municipal issuers, around 40,000 in total across these United States, will likely have to decide in the coming months and years how much or how little a role artificial intelligence will play in the development of standards mandated by the Federal Data Transparency Act. The FDTA was passed
A group of former Democratic California lawmakers have filed an amicus brief arguing against current Democratic lawmakers’ efforts to block a voter initiative that would require voter approval for any increase in state or local taxes. Former Senate President Pro Tempore Don Perata, former Assembly Speaker Pro Tempore Mike Roos, and former Assemblymember Joe Coto
Crypto exchange OKX has launched a testnet for an upcoming Ethereum layer-2 network named “X1,” according to a Nov. 14 announcement. The network is being developed using the Polygon chain development kit (CDK) and will use zero-knowledge proofs to validate deposits and withdrawals between layers. OKX exchange interface. Source: OKX OKX is the sixth-largest centralized
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lord David Cameron was singled out for a special welcome when he attended his first cabinet meeting in more than seven years on Tuesday morning. Having assembled his reshuffled front-bench team, Rishi Sunak, prime minister,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Suella Braverman has accused Rishi Sunak of a “betrayal” of his pledge to “stop the boats” in a blistering attack on the prime minister. The former home secretary lashed out at Sunak a day after
An aerial view of existing homes near new homes under construction (UPPER R) in the Chatsworth neighborhood on September 08, 2023 in Los Angeles, California. Mario Tama | Getty Images The average rate on the 30-year mortgage fell 18 basis points to 7.40% on Tuesday, according to Mortgage News Daily, as Wall Street lowered its
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 science commentator Somewhere beneath the small Icelandic coastal town of Grindavik, a river of molten rock is on the move. A series of earthquakes over the past three weeks, plus satellite
Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US inflation fell more than expected to 3.2 per cent in October, the first decline in four months, prompting Treasury yields to fall sharply and Wall Street stocks to climb. Tuesday’s consumer price data compares
Bitcoin (BTC) targeted $37,000 at the Nov. 14 Wall Street open as the latest United States inflation data undercut expectations. BTC/USD 1-hour chart. Source: TradingView CPI offers Bitcoin, stocks a pleasant surprise Data from Cointelegraph Markets Pro and TradingView showed BTC price strength returning as the Consumer Price Index (CPI) reflected slowing inflation in October.
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 former president of South Africa and chairs the African High Level Panel on Illicit Financial Flows The question of what to do with global corporate tax abuse, including tax havens, has
I just spent an entire week working in virtual reality using the new Meta Quest 3. While the experience still mostly sucked, I came away with some renewed optimism for VR in the workplace. As I took Ron’s outstretched, virtual hand for a handshake, my actual hand — in the real world — clumsily whacked
Looking for a way to get all the crypto news you need each day from the best source on the net? Then look no further! Hosted by Robert Baggs, Rise ’n’ Crypto is a daily podcast covering the most recent and important news, insights and stories without the fluff or rambling. Every morning at 9:00