“Emergency relief funding is not just about repairing infrastructure, it’s about ensuring that transportation remains a critical support system for communities rebuilding after devastating natural disasters,” said Paul P. Skoutelas, APTA President and CEO. ”This funding is critical now more than ever, as climate-driven disasters increase in intensity and frequency. Congress must act swiftly to provide
Stephanie Wiggins, chief executive officer of the Los Angeles County Metropolitan Transportation Authority, and Vivian Altman, head of Public Finance at Janney Montgomery Scott, are the 2024 public and private sector Freda Johnson Award winners. The awards, given by the Northeast Women in Public Finance, are named after Johnson, a founding board member of the
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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s plan to slap punitive tariffs on Canadian imports will drive up prices for American motorists, oil producers warned, as the US president-elect’s threats hit global markets. Trump proposed late on Monday
Stay informed with free updates Simply sign up to the Automobiles myFT Digest — delivered directly to your inbox. Stellantis blamed the UK’s electric vehicle sales rules as it announced plans to shut its historic van factory in Luton, putting about 1,100 jobs at risk. The owner of Vauxhall and Peugeot on Tuesday said Britain’s
Brandon Bell | Getty Images News | Getty Images As Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Trump’s campaign promises — from tariffs to mass deportations, tax cuts and deregulation — and his picks to lead federal agencies suggest both risks and rewards for
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. A North Korean general was injured and several officers sent by Pyongyang to Russia’s Kursk region were killed last week when Ukraine launched British-supplied Storm Shadow missiles at a Russian command centre, according to
Sewer treatment plant in Jefferson County, Alabama. County leaders combined long-term discipline and planning with short-term risk-taking to successfully sell their warrants in an initial foray into the market after their bankruptcy. Twelve years after filing what had been the largest municipal bankruptcy in history, Jefferson County, Alabama came to market with $2.24 billion of
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Mexico’s president Claudia Sheinbaum hinted at retaliation over US president-elect Donald Trump’s proposed tariffs on her nation’s exports on Tuesday as the peso slid against the dollar. Trump vowed on Monday night to
Standard Digital Standard & FT Weekend Print wasnow 38 € per 3 months The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app
Bloomberg News The Securities and Exchange Commission more than doubled the number of municipal market enforcement filings in fiscal year 2024 from fiscal 2023, in a year that saw 583 total enforcement actions and a record-breaking $8.2 billion in financial remedies ordered. Despite the great sum of financial remedies, the 583 enforcement actions represent a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Senior bankers in the UK will receive their bonuses faster and fewer will have to wait several years to receive their payouts under plans set out by the Bank of England on Tuesday. The proposals,
Rendering of a Terminal C pier expansion at Dallas Fort Worth International Airport. DFW used tax-exempt extendable commercial paper and taxable traditional commercial paper as interim financing tools for its $8.6 billion capital program.Dallas Fort Worth International Airport In a quest for interim financing for an $8.6 billion capital program, Dallas Fort Worth International Airport
The Dow Jones Industrial Average jumped 440 points to a record close on Monday after President-elect Donald Trumps pick for Treasury secretary, Scott Bessent, laid out his priorities including tax cuts. In his first interview as Treasury nominee with The Wall Street Journal, Bessent said he will also focus on imposing tariffs, cutting spending and
In mid-May, Mandi Rokx had a 3-month-old baby and a letter from a Florida agency warning that they both would be cut from Medicaid, the health insurance program for people with low incomes or disabilities. This story also ran on Fortune. It can be republished for free. Under a Florida law passed in 2021, Rokx
CNN top brass is considering naming primetime anchor Kaitlan Collins to the role of chief White House correspondent as the left-leaning network grapples with how to cover the incoming Trump administration, according to a report. Collins, who hosts “The Source with Kaitlan Collins” weekdays at 9 pm, would relocate with her New York-based show to
Walmart is making a slate of changes to its diversity, equity and inclusion (DEI) policies, becoming the latest in a growing list of major corporations to halt the so-called “woke” initiatives. Anti-woke activist and filmmaker Robby Starbuck, who has been leading a campaign exposing major corporations’ woke policies, said on X on Monday that he warned Walmart
Walmart is making a slate of changes to its diversity, equity and inclusion (DEI) policies, becoming the latest in a growing list of major corporations to halt the so-called “woke” initiatives. Anti-woke activist and filmmaker Robby Starbuck, who has been leading a campaign exposing major corporations’ woke policies, said on X on Monday that he warned Walmart
Elon Musk’s Neuralink received approval to launch a new feasibility trial using its brain implant and an investigational assistive robotic arm, the brain-chip startup said in a post on X on Monday. Neuralink is conducting its PRIME study, aimed at evaluating the safety of its wireless brain-computer interface and surgical robot. It is assessing the
The UK public spending watchdog has refused to sign off the government’s overarching public sector accounts for the first time because of the huge number of local authorities that failed to provide audited accounts. The National Audit Office said it had taken the unprecedented step after just 10 per cent of England’s 426 local authorities
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Fascist leaders tend to lust after other countries’ territory. By that measure Donald Trump is not a fascist. One of his most enduring appeals to the Maga base has been his rhetoric against
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