A below-the-radar trip to Venezuela by Boris Johnson to meet autocratic president Nicolás Maduro was arranged by a hedge fund manager interested in normalising diplomatic relations between London and Caracas, according to people familiar with the matter. Former JPMorgan banker Maarten Petermann, co-founder of London-based Merlyn Advisors, organised the former UK prime minister’s visit by
Houston will end its eight-year-long impasse with its firefighters union under a $650 million settlement financed through the issuance of judgment bonds, Mayor John Whitmire announced Thursday. The agreement provides lump sum payments to current and retired firefighters to cover back wages owed while they worked without a contract since the last one expired in
In this article PGNY VTGN PFE Follow your favorite stocksCREATE FREE ACCOUNT Peathegee Inc | Tetra Images | Getty Images After years of being ignored, menopause has entered the public conversation. Celebrities from Drew Barrymore to Naomi Watts have opened up about symptoms and promoted products. Yet despite the increased chatter, there is a long
Property insurers’ growing reluctance to insure homes exposed to severe weather should raise a red flag for the municipal bond market, which so far has shrugged off risks but will soon have to grapple with major climate-driven shifts in credit quality and bond prices. That’s according to panelists who spoke Thursday during a webinar titled
The Municipal Securities Rulemaking Board held the first of its two stakeholder meetings on Thursday, gathering trade groups representing the professionals from which the board derives its fees to discuss its now abandoned rate card model, the volatility of its fees and how many of its fees and expenses are allocated. According to both members
Hawaii Department of Transportation airport division revenue bond ratings and bonds issued by the state backed by car rental fees were upgraded by Fitch Ratings, which cited full recovery on enplanements. Fitch upgraded the airport’s $1.7 billion in revenue bonds to AA-minus from A-plus and $111.6 million in certificates of participation to A-plus from A
Philadelphia Mayor Cherelle Parker delivered her $6.29 billion fiscal 2025 budget, five-year financial and strategic plan and six-year capital program to the City Council on Thursday, with plans to hit the bond market. The fiscal 2025 proposed capital budget requests about $295.67 million in new city-backed general obligation bond borrowing and $583.38 million of prior
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine has urged western allies to fund its domestic weapons production with its recently ramped up manufacturing capacity now vastly exceeding the money available for orders. “The fastest way to start production is to
Brian Bolan introduces us to the Home Run Investor service, and he goes over how the service works.
In this week’s explanational video, David Jones will be talking about Simple Moving Average trading strategies and how they can improve our trading performance overall. He also shares with us his insights on key events for the week ahead like FOMC (Wednesday) and Nonfarm payrolls (Friday) and finally he includes a technical analysis on the
Russian oil tankers circumventing western sanctions are relying on insurance that appears impossible to claim against, according to leaked documents exposing the risks taken by Moscow’s “dark fleet”. The cache of shipping files, seen by the Financial Times and the Danish media group Danwatch, reveals that a number of Russian vessels travelling from the Baltic
Municipals were weaker Thursday, but outperformed U.S. Treasury market losses, as the final large deals of the week priced, including several housing issues. Equities ended down. Municipal bond mutual fund inflows continued for the third consecutive week as LSEG Lipper reported investors put $295.5 million into the funds for the week ending Wednesday with high-yield
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prime Minister Rishi Sunak has ruled out calling a general election in May, dashing the hopes of opposition MPs who believed there could be a new UK government by the summer. Sunak told ITV news
Portra | E+ | Getty Images Spring is almost here — and people looking for a new rental face a competitive market. Asking rent prices in the U.S. jumped to $1,959 in February, according to Zillow Group’s latest Rental Market Report. That’s up just 0.4% from the month prior, but a 3.5% increase from a
The Florida state legislative session ended Friday with lawmakers approving a $117.46 billion budget for fiscal 2024-2025, up 0.8% from the $116.5 billion fiscal 2023-2024 budget. This year’s budget provides another $500 million toward accelerating the debt pay-down. The general fund budget totals roughly $49.4 billion, a 7.2% increase from the current fiscal year’s budget
Municipals were little changed Wednesday as two billion-dollar-plus deals from the Dormitory Authority of the State of New York and CommonSpirit Health took focus. U.S. Treasuries were weaker and equities were mixed. The two-year muni-to-Treasury ratio Wednesday was at 59%, the three-year at 59%, the five-year at 57%, the 10-year at 57% and the 30-year
A For Sale sign is posted in front of a home for sale in San Marino, California on September 6, 2023. Frederic J. Brown | AFP | Getty Images Mortgage rates swung slightly lower last week, fueling a significant jump in mortgage demand for the second straight week. Total application volume rose 7.1%, compared with
Keeping state coffers stocked and liquid requires a delicate mix of analysis, hedging and listening, with an emphasis on remaining nimble over the coming months. “Over the last eighteen months, the Fed’s told you what the answer is, and the market has continually bet against them,” said Thomas Waters, chief investment officer, Pennsylvania Treasury. ”They’ve
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK economy returned to growth in January helped by the expansion of the services sector, following a technical recession in the second half of 2023. Gross domestic product rose 0.2 per cent between December
Munis were steady as the primary market took focus with the $2.8 billion retail pricing from the Dormitory Authority of the State of New York. U.S. Treasuries were weaker and equities rallied after the Consumer Price Index showed inflation ticked up in February. Bond yields didn’t move much upon the CPI release, but Treasuries grew
Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US inflation increased unexpectedly to 3.2 per cent last month, in data set to be scrutinised by the US Federal Reserve as it decides when to reduce interest rates. Economists polled by Bloomberg had expected
- « Previous Page
- 1
- …
- 37
- 38
- 39
- 40
- 41
- …
- 289
- Next Page »