<img src=”https://public.flourish.studio/visualisation/21410664/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were mixed, while U.S. Treasury yields rose and equity prices fell Friday after the White House announced tariffs against Mexico, Canada, and China will take effect Saturday. For the week, municipals “not only moved in sync (with Treasuries) they actually outperformed, especially in the belly of the curve,
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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Canada’s former finance minister Chrystia Freeland has said Ottawa should retaliate to any US tariffs by adding huge levies on Tesla vehicles to punish Elon Musk, one of Donald Trump’s “billionaire buddies”. Freeland,
Emergency crews work near the site of the crash of an American Airlines plane and Army helicopter on the Potomac River.Bloomberg News Two Moody’s Ratings analysts were on the American Airlines flight that collided with an Army helicopter Wednesday night in Washington, D.C., killing all aboard. Analysts Chris Collins and Melissa Nicandri were among the
In this article SLG Follow your favorite stocksCREATE FREE ACCOUNT The Empire State Building, the Chrysler Building and One Vanderbilt are seen among other buildings in midtown Manhattan in New York City on Jan. 11, 2024. Angela Weiss | Afp | Getty Images Demand for New York City office space has finally returned to pre-pandemic
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US will go ahead with plans to hit Canada, Mexico and China with new tariffs, the White House has said, heightening the risks of a trade war. Washington will hit Canada and
California Treasurer Fiona Ma announced that a conduit issuer she chairs has established a $2 million zero-interest loan program to aid health facilities affected by fires in three southern California counties.California treasurer’s office The California state treasurer has launched a loan fund to aid health facilities affected by the Los Angeles-area wildfires. The $2 million
The University of Tennessee wants to be given the right to sell a wider variety of bond types. AdobeStock The University of Tennessee wants the Tennessee State School Bond Authority to grant it the right to offer bonds supported by its general operating budget rather than revenue streams. Residence halls and parking lots are the
In this article A Follow your favorite stocksCREATE FREE ACCOUNT Chubb CEO Evan Greenberg Scott Mlyn | CNBC California is a tough market for insurers — and growing more so, according to Chubb CEO Evan Greenberg. The executive has long proclaimed that Chubb won’t write insurance where it can’t get a reasonable return for taking
Signed contracts on existing homes dropped a sharp 5.5% in December from the previous month and fell 5% from the prior year, according to the National Association of Realtors. The drop followed four straight months of gains and is the index was at its lowest level since August. These so-called pending sales are an indicator
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Apple revealed quarterly results that slightly exceeded Wall Street expectations, but iPhone sales were flat on the previous year as the company battles rising competition from local device makers in China. Apple on Thursday reported
A bill filed by an Oklahoma Republican lawmaker would change which state official enforces 2022’s Energy Discrimination Elimination Act and remove bond and note sales from a contract ban.Bloomberg News The sale of bonds or notes by Oklahoma governments would be exempted from a contract provision in a 2022 state law that has led to
&amp;amp;amp;lt;img src=”https://public.flourish.studio/visualisation/21374434/thumbnail” width=”100%” alt=”chart visualization” /&amp;amp;amp;gt; Municipals were steady to slightly weaker in spots, while U.S. Treasury yields rose a little and equities ended down after the Federal Open Market Committee, as expected, held rates steady. “Both the FOMC’s December Summary of Economic Projections and current rate futures suggest 50 basis points of additional cuts
Jeffrey Gundlach speaking at the 2019 SOHN Conference in New York on May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Wednesday he expects only one rate cut for 2025 — two reductions at most — as the Federal Reserve patiently awaits incoming data to assess the state of the labor market and
The Federal Reserve announced Wednesday it will leave interest rates unchanged as inflation continues to run above the Fed’s 2% mandate. The move comes after the central bank cut its benchmark interest rate by a full percentage point last year and in the wake of President Donald Trump‘s comment during his first week back in office that he’ll
Bank of Canada governor Tiff Macklem said the central bank’s projections showed US tariffs would probably put Canada into a recession. BoC modelling, based on a scenario in which the US imposes permanent 25 per cent tariffs on every one of its trading partners and those nations respond in kind, shows a likely 2 per
Texas State Sen. Brandon Creighton said Senate Bill 2 would provide nearly 100,000 students with education savings accounts, which would result in the largest “school choice” program launch in the nation. Texas Senate Texas lawmakers on Tuesday kicked off their latest quest for school vouchers with the passage of a universal program by a Senate
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. A frantic sell-off of energy and infrastructure shares this week after advances in artificial intelligence by Chinese start-up DeepSeek shows how little is understood about the power demands of AI, the International Energy Agency has
<img src=”https://public.flourish.studio/visualisation/21361104/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady Tuesday ahead of the Federal Open Market Committee meeting as U.S. Treasury yields were little changed and equities ended up. This year may see higher levels of volatility due to the uncertainty about forthcoming policies from President Donald Trump’s administration, said BlackRock strategists. “An emphasis on
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT CFOTO | Future Publishing | Getty Images Retail investors rushed into Nvidia on Monday, signaling Main Street support for the chipmaker despite the emergence of an artificial intelligence model from China that battered its shares and caused a historic, $600 billion loss in market value.
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US federal agencies are set to freeze the payment of hundreds of billions of dollars of domestic federal grants and loans on Tuesday in President Donald Trump’s latest aggressive move to slash and
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