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Municipals were weaker for the first session since June 17 as the market saw another busy day of issuance. U.S. Treasury yields rose and equities ended up. Triple-A yields rose two to six basis points while USTs were higher by two to nine basis points. The two-year muni-to-Treasury ratio Wednesday was at 65%, the three-year
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The water utility serving Harrison and Mamaroneck in Westchester County, New York, agreed to build a $138 million filtration plant by July 2029 and take steps to protect the water quality to 120,000 residents, under a consent decree with the U.S. Environmental Protection Agency and federal prosecutors. The agreement, announced Monday, resolved allegations that the
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Home prices set another record in April, even as mortgage rates rose and the supply of homes for sale increased. Usually, under those circumstances, prices would weaken, but today’s housing market is unlike any other in recent history. Prices in April rose 6.3% compared with the year-earlier month, according to the S&P CoreLogic Case-Shiller National
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Municipals were little changed Tuesday with the focus squarely on the active primary slate as U.S. Treasury yields fell slightly out long and equities were mixed near the close. The two-year muni-to-Treasury ratio Tuesday was at 64%, the three-year at 66%, the five-year at 67%, the 10-year at 66% and the 30-year at 84%, according
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Pressure is beginning to mount for the Federal Emergency Management Agency to expand its role in responding to major weather events and to declare the effects of smoke and extreme heat a major disaster on local communities. That comes in the form of a new petition filed by the Center for Biological Diversity, the Arizona
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In this article ADSK Follow your favorite stocksCREATE FREE ACCOUNT Igor Golovniov | Lightrocket | Getty Images Company: Autodesk (ADSK) Business: Autodesk engages in three-dimensional (3D) design, engineering and entertainment technology solutions. Its product offerings are focused on the following categories: Architecture, Engineering and Construction, AutoCAD and AutoCAD LT, Manufacturing, and Media and Entertainment. Its
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Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. Stephen Schwarzman, the chief executive of Blackstone, is supporting Donald Trump. Other Wall Street billionaires are poised to follow. Palo Alto isn’t without its Maga magnates either. What explains their choice? Self-interest? To an
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