It was the moment Israelis had been yearning for. On Sunday afternoon, 471 long days after they were seized by Hamas in the blackest hour of Israel’s history, three young hostages made the painstaking journey from imprisonment in Gaza to freedom in their homeland. The release of the three women — Romi Gonen, Emily Damari
Louisiana Gov. Jeff Landry signed into law a host of tax and spending changes that ratings agencies say should address a projected deficit but whose effects bear watching.Bloomberg News Fitch Ratings, Moody’s Ratings, and S&P Global Ratings say Louisiana’s recently adopted tax changes should address what had been projected to be a $587 million or
In this article CG WAL BWMN SNAX Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images The year 2024 was quite an eventful one for the U.S. stock market, with the S&P 500 Index gaining more than 20% for the second consecutive year. Several factors, including elevated inflation and interest rates,
Cofotoisme | E+ | Getty Images How long it takes you to save for a 20% down payment on a home depends in part on where you live. In a pricey area such as New York City, it could take the typical buyer roughly 10.85 years to save $173,000, which is 20% of the median
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A truce between Israel and Hamas due to come into effect on Sunday morning has been delayed after Hamas failed to provide the names of hostages to be freed later in the day for what
<img src=”https://public.flourish.studio/visualisation/21211283/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were firmer ahead of a nearly $10 billion new-issue calendar as U.S. Treasury yields rose inside 10 years and equities were up late in the session. Since the start of 2025, UST yields sold off around 20 basis points but “retraced more than half on the back of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Santander is reconsidering its presence in the UK two decades after its acquisition of Abbey National made it a major player on Britain’s high street, according to people familiar with the matter. The bank is
“Because of the broad, bipartisan support we have built for the LIHTCs, we believe there is a real opportunity to include housing credit provisions in the forthcoming major tax legislation,” said Emily Cadik, CEO, Affordable Housing Tax Credit Coalition. AHTC The Trump administration is sending out signals about how it intends to address the nation’s
In this article KBR Follow your favorite stocksCREATE FREE ACCOUNT KBR headquarters in Houston, TX. Courtesy: KBR Company: KBR Inc (KBR) Business: KBR provides scientific, technology and engineering solutions to governments and companies around the world. The company operates through two segments: Government Solutions and Sustainable Technology Solutions. Its Government Solutions (GS) business segment provides
A completed planned development is seen in Ashburn, Virginia, on Aug. 14, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Mortgage demand started this year stronger than it did last year, even though interest rates are higher. Total mortgage application volume last week was 7% higher than the same week one year ago, according to
Search and rescue operations in Los Angles Wednesday in the wake of the Palisades Fire. Bloomberg News Fitch Ratings placed four credits — led by the city of Los Angeles the Los Angeles Department of Water and Power — on rating watch negative, citing the region’s wildfires. Fitch also placed two utilities tightly linked to
Stay informed with free updates Simply sign up to the European banks myFT Digest — delivered directly to your inbox. Commerzbank is exploring cutting thousands of jobs as it seeks to fend off unwanted advances from Italy’s UniCredit, according to people familiar with the matter. The plans, which have not yet been formalised, were expected
Rep. Jason Smith, R-Mo., chairs the House Ways and Means Committee weighing the tax-exemption’s fate. The House Ways and Means Committee is considering the total elimination of tax-exempt bonds, according to a 51-page list of targeted programs, policies and plans for a reconciliation bill obtained Friday by The Bond Buyer. It’s a wide-ranging and tentative
Stay informed with free updates Simply sign up to the Travel & leisure industry myFT Digest — delivered directly to your inbox. The price of travel permits needed by EU and US citizens to enter the UK is to rise from £10 to £16, the government said, triggering warnings that the cost will damage tourism.
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 5, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve is missing the bigger picture again. “The Fed looks like Mr. Magoo, driving around, bumping into things. Then became systematic, got inflation to come down,” Gundlach said in an
The problem of stolen manhole covers in Turkey might seem an unlikely starting point for a new way for buildings to withstand earthquakes and tackle the construction industry’s environmental issues, but when a Turkish businessman heard about a new material that prevented the thefts, it sparked an idea. Cast iron is traditionally used to make
An aerial view taken Wednesday of wildfire devastation in the Pacific Palisades neighborhood of Los Angeles.Bloomberg News Public finance credits in Southern California are beginning to feel the heat from the massive wildfires that have destroyed parts of the city and county of Los Angeles. The city’s AA-rated general obligation bonds were placed on CreditWatch
Sir Keir Starmer, Britain’s prime minister, said he could strike a trade deal with Donald Trump and avoid punitive tariffs on the UK as he dismissed as “noises off” Elon Musk’s strident criticism of his leadership. Starmer, speaking to the Financial Times on a visit to Kyiv, insisted Trump’s inauguration on Monday would not add
Louisiana State Treasurer John Fleming said he would lobby Fitch Ratings for a rating upgrade.Bloomberg News Louisiana plans to sell bonds four more times this fiscal year and at least twice more in the next fiscal year, a Louisiana state official said Thursday. Amounts were not discussed and were not immediately available. The state will
Manusapon Kasosod | Moment | Getty Images Dub, a platform that allows retail traders to mimic the investments of notable people in business and government, debuted a service Thursday that pays select everyday investors to share their portfolios. Retail traders accepted into Dub’s so-called top creator program will be paid royalties for users to access
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