Republican presidential candidate, former President Donald Trump arrives at a campaign event at the Hyatt Hotel on December 13, 2023 in Coralville, Iowa. Scott Olson | Getty Images News | Getty Images The judge presiding over the high-stakes civil business fraud trial of former President Donald Trump harshly questioned the credibility of a key expert
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When experts predicted what they expected for the economy in 2023, most saw a recession coming and some saw the Federal Reserve cutting its rate target. But the economy surprised to the upside, with no signs of recession, and the Fed is now expected to cut rates in 2024. Here are what some experts foresee
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s Prime Minister Benjamin Netanyahu has vowed to fight on in the war against Hamas, despite a mounting death toll and growing international calls to alleviate the humanitarian suffering in the Palestinian enclave and halt
Housing advocates in Dallas are pushing for a $200 million share of a $1.1 billion general obligation bond proposition city officials want to place on the ballot next year. The city is becoming unaffordable, according to Bryan Tony, organizer of the Dallas Housing Coalition, which was formed in June as a unified voice for greater
In this article UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT UBS expects to complete its takeover of Credit Suisse “as early as June 12”, which will create a giant Swiss bank with a balance sheet of $1.6 trillion. Fabrice Coffrini | Afp | Getty Images Company: UBS Group AG (UBS) Business: UBS Group AG is
Experts suggest thinking about how you’ll use your home in future when considering a building project. 10’000 Hours | Digitalvision | Getty Images Extending your home or remodeling your kitchen and bathroom may be an exciting prospect but it’s worth carefully planning the design and build to manage the risks involved, according to specialists who
Municipals were steady to close Friday ahead of a week without new deals on the calendar. U.S. Treasuries were weaker out long and equities ended the session up. The two-year muni-to-Treasury ratio Friday was at 58%, the three-year at 59%, the five-year at 59%, the 10-year at 58% and the 30-year at 85%, according to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Blackstone invested more in European real estate than in any other region in 2023, as the world’s largest commercial property owner picked up bargains from market turmoil and distressed sellers. Real estate deal-making collapsed this
Florida’s unemployment rate inched up to 2.9% in November from 2.8% in October, Florida Commerce reported on Friday. Florida’s jobless rate was 0.8 percentage point lower than the 3.7% national rate in November, the 37th straight month the state’s unemployment rate remained below that of the nation as a whole. The state’s overall workforce continued
AURORA, CO – AUGUST 23: The crane taking four 15-foot-wide by 60-foot-long modular home segments and stacking them on one on top of the other to make a new duplex. August 23 2018. Adam Berger, a developer with his own modular home designs, has sold his first duplex in North Aurora. Now he is using
Arizona’s Water Infrastructure Financing Authority will begin a solicitation process next year for projects to boost the parched state’s water supply using information gleaned from a query it sent out this fall. The agency, which oversees $1 billion the state legislature in 2022 appropriated over three years for water augmentation, received 28 responses to its
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK economy shrank slightly in the third quarter, according to revised figures that highlight the country’s struggle to shake off its low-growth performance. The Office for National Statistics said on Friday that gross domestic
Municipals were little changed Thursday as inflows to municipal bond mutual funds returned. U.S. Treasuries were weaker five years and out, and equities ended up. The two-year muni-to-Treasury ratio Thursday was at 58%, the three-year at 59%, the five-year at 59%, the 10-year at 59% and the 30-year at 86%, according to Refinitiv Municipal Market
House for sale with “For Sale” real estate sign in yard in spring or summer season. No people. Fstop123 | E+ | Getty Images Mortgage demand fell last week compared to the previous week, despite a continued drop in rates, according to the Mortgage Bankers Association‘s seasonally adjusted index. The average contract interest rate for
Nassau County, New York, economically defeased $97.79 million of bonds on Monday through the deposit of cash with an escrow agent. The action will reduce its debt burden by $13.5 million in 2024 and by over $20 million in each year through 2029, totaling $115.9 million, according to the county. “Paying off this debt will
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Football’s governing bodies have lost a landmark court case that threatens their hold over the sport in Europe, potentially opening a path for the biggest clubs to form new breakaway competitions. The EU’s top court
The U.S. Virgin Islands Water and Power Authority said it may stop making payments to debt service funds soon. In a posting to the MSRB’s EMMA website, WAPA said it is running low on cash and may be forced to take this or other cash-conserving steps soon. “If liquidity strains persist, this could result in
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Several Tesla electric vehicles are parked in front of a Tesla service center in the Kearny Mesa region, in San Diego, California, U.S., October 31, 2023. Abhirup Roy | Reuters Marko Sustic has bet big on Tesla this year. The investor, who also happens to
A shopper carries several bags in the Magnificent Mile shopping district of Chicago on Dec. 2, 2023. Taylor Glascock | Bloomberg | Getty Images The U.S. economy has remained remarkably strong but affordability is worse than it has ever been, some social media users say, even when compared to The Great Depression. One of TikTok’s
If bondholders are not allowed a lien on Puerto Rico Electric Power Authority revenues, it could “threaten the continued viability of the primary revenue stream for vast swaths of municipal public works projects,” 14 attorneys general and the Securities Industry and Financial Markets Association said in friend of the court filings with the First Circuit
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