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Standard Digital Weekend Print + Standard Digital 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
Municipals were steady Tuesday as U.S. Treasury yields fell and equities ended higher. The muni market will see few deals this week as issuers usually “take a breather” on coming to market during holiday-shortened weeks, noted senior vice president and director of strategic planning and fixed income research at SWBC Chris Brigati. Along with the
Miami-Dade County, Florida, was upgraded to AA-plus from AA by Fitch Ratings, which attributed the change to its new local government ratings criteria. The outlook is stable. Fitch cited the county’s “expected resilience to cyclical and noncyclical economic stressors due to its position as the primary anchor of the Miami-Fort Lauderdale-Pompano Beach [metropolitan statistical area],
Another $289 million in Airport Infrastructure Grants is flowing to 129 airports across 40 states as air travel in the US breaks new records. “This latest round of funding will support key improvements to terminals, runways, and baggage systems and build on the work this administration is doing to modernize our aviation infrastructure,” said Transportation Secretary
Davis Polk has hired infrastructure finance lawyer Elena Millerman to join the firm in New York as a co-leader as it builds out its infrastructure practice. Millerman joins as partner and co-head of the infrastructure finance group. She was previously at White & Case LLP, where most recently she served as the global head of
Fitch Ratings gave Children’s Health System of Texas a negative outlook on its AA rating, citing financial pressure from a plan to build a partly bond-financed $5 billion pediatric health campus in Dallas. Fitch noted the project will be funded by Children’s Health and UT Southwestern Medical Center and will be “supported by philanthropy and
States continue to chip away at income taxes by lowering rates or adopting tax credits, with Arkansas and Kansas enacting reductions last month that will reduce collections by hundreds of millions of dollars in fiscal 2025. But the overall trend of large tax cuts, which reached a peak in 2022, has slowed considerably, according to
Michigan’s $82.5 billion fiscal 2025 budget — which Gov. Gretchen Whitmer is expected to sign — includes investments in roads and bridges financed by the $700 million final tranche of Rebuilding Michigan Plan bonds, which will be issued later this year. According to a press release from the governor’s office, projects funded by the bonds
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Enjoy complimentary access to top ideas and insights — selected by our editors. With the need for more high-speed rail lines in the United States, all eyes have been on the privately owned Brightline rail system, with one route already operating in Florida and the development of the Western route recently taking shape with a
A sign advertising a home for sale is displayed outside of a Manhattan building in New York City on April 11, 2024. Spencer Platt | Getty Images Manhattan is becoming a buyer’s market as apartment prices fell and inventory rose in the second quarter of 2024, according to new reports. The average real estate sales
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set
Municipals were slightly weaker Monday but outperformed U.S. Treasuries, which saw larger losses 10 years and out, while equities ended up. Triple-A yields rose one to five basis points, depending on the curve, while UST yields rose up to 14. The two-year muni-to-Treasury ratio Monday was at 65%, the three-year at 65%, the five-year at
The Puerto Rico Oversight Board’s proposed Puerto Rico Electric Power Authority plan of adjustment can be approved in its current form despite a recent appeals court ruling undermining the assumptions that underlies it, said board Executive Director Robert Mujica Jr. “We believe that the current plan that we have is confirmable as it is and
In this article C INSW DRI Follow your favorite stocksCREATE FREE ACCOUNT A sign is posted in front of an Olive Garden restaurant on June 20, 2024 in Rohnert Park, California. Justin Sullivan | Getty Images Dividend-paying stocks can help investors bolster their portfolios and boost returns. Investors searching for these names will need to
In this article RPD Follow your favorite stocksCREATE FREE ACCOUNT Krisanapong Detraphiphat | Moment | Getty Images Company: Rapid7 (RPD) Business: Rapid7 is a global cybersecurity software and services provider. Its products span across information security, cloud operations, development and information technology teams, enabling them to understand attackers and leverage that information to take
In this article LEVI Follow your favorite stocksCREATE FREE ACCOUNT A Levi’s store at the Orlando Vineland Premium Outlets in Florida. Jeff Greenberg | Universal Images Group | Getty Images In a lyric on her latest album, Beyoncé sings “denim on denim, on denim, on denim.” Levi Strauss shoppers are taking that advice to heart.
Vm | E+ | Getty Images Buying a home and maintainingit is expensive, but selling it is costly, too, according to a new report. It typically costs $54,616 to sell a house in 2024, according to a June 17 report from Clever Real Estate. Almost half of surveyed home sellers, or 42%, said their costs
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