Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. German Chancellor Olaf Scholz has spoken to Russian President Vladimir Putin for the first time in nearly two years, as western powers position for the return of a Trump administration that has made ending
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The Biden administration will continue to allocate transportation grant funds in its few remaining months before leaving office, Transportation Secretary Pete Buttigieg said. Bloomberg News The Biden administration marked Friday’s third anniversary of the Infrastructure Investment and Jobs Act by announcing $3.4 billion in fresh grants and pledging to keep the money flowing in the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nissan plans to warn ministers that the UK car industry has reached a “crisis point”, with jobs and competitiveness at risk unless the government relaxes electric vehicle rules, according to two people with direct knowledge
Hawaii Gov. Josh Green toured the scene of Maui wildfires in August 2023. The disaster slowed visitor growth, rating analysts said.Hawaii Governor’s Office Hawaii will head to market in early December with double-A category ratings affirmed as it prices $750 million of taxable general obligation bonds in a negotiated deal. Recovery of tourism, pivotal to
When Elon Musk bought Twitter, he quickly gutted the social media platform to its core operations, dispensing with anything he saw as wasteful or superfluous. Now, Donald Trump wants him to do the same to the US government. The world’s richest man was named this week alongside Vivek Ramaswamy, a former rival of Trump’s for
Pekic | E+ | Getty Images Mortgage rates seem to have steadied. That may be a good sign for the market, experts say. The average 30-year fixed rate mortgage in the U.S. slightly dipped to 6.78% for the week ending Nov. 14, barely changed from 6.79% a week prior, according to Freddie Mac data via
Federal Reserve Board Governor Adriana Kugler with Senate Majority Leader Chuck Schumer. Al Drago/Bloomberg A Federal Reserve official made the case for protecting central bank independence from electoral politics. In a speech delivered at an economic conference in Uruguay on Thursday morning, Fed Gov. Adriana Kugler said central banks around the world, including the Fed
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world In April 2022, Elon Musk tweeted a cartoon made by US evolutionary biologist Colin Wright. The image shows a stick figure representing Wright, a self-described “centre-left liberal”, becoming politically stranded as the American
Oklahoma County is reviewing public-private partnership proposals to help finance a replacement for its troubled downtown Oklahoma City detention center amid rising costs.Oklahoma County Detention Center Oklahoma County is exploring a public-private partnership to help finance a replacement for its troubled jail amid rising costs and a delay in securing a site for the project.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Artificial intelligence may represent the biggest opportunity in tech since the arrival of the internet, but it also poses fundamental questions over how some of the industry’s most powerful companies make money. Apple, which began
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Republicans have won a majority in the House of Representatives, giving Donald Trump’s party full control of both chambers of the US Congress and wide latitude to push a radical agenda through the
Volkswagen has earmarked a further $800mn for its partnership with electric vehicle start-up Rivian, as Europe’s largest carmaker bets that modern software will help slow falling sales. The two carmakers on Tuesday said their joint venture, which was announced in the summer, would be led jointly by representatives from both companies: Rivian’s chief software officer, Wassym Bensaid, and VW’s
Residential homes in Discovery Bay, California, US, on Thursday, Nov. 7, 2024. Mortgage rates in the US increased to the highest level since July. David Paul Morris | Bloomberg | Getty Images Mortgage rates continued to climb last week as investors considered the future of the economy under a Trump presidency. The mortgage market basically
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has named Elon Musk and Vivek Ramaswamy to lead a “department of government efficiency”, giving the two private-sector entrepreneurs charge of a promised effort to slash rules, bureaucracy and spending throughout
Transcription: Transcripts are generated using a combination of speech recognition software and human transcribers, and may contain errors. Please check the corresponding audio for the authoritative record. Mike Scarchilli (00:05):Hi everyone and welcome to the Bomb Buyer Podcast, your trusted source for insights into the world of municipal finance. I’m Mike Scarchilli, editor-in-Chief of the
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world JD Vance, now America’s vice-president elect, last month said that the second-most important figure in Donald Trump’s administration would be his attorney-general. Nobody, least of all the incoming number two, ever said that
President-elect Donald Trump during an Economic Club of New York event in New York, US, on Sept. 5, 2024.Bloomberg News A second Trump administration is expected to make some changes, whether big or small to the state and local tax deduction, an issue Trump campaigned on and that has been talked about within the context
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump is closing in on top picks for his foreign policy team, planning to tap Florida congressman Mike Waltz as his national security adviser and to nominate Florida senator Marco Rubio to
<img src=”https://public.flourish.studio/visualisation/20209026/thumbnail” width=”100%” alt=”chart visualization” /> Election uncertainty and Fed rate cuts have led tax-exempt and taxable money market funds to reach 2024 highs as more market participants have taken a defensive position. As more market stability comes and rates fall, investors may move some of these funds back into fixed income markets, sources say.
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Bitcoin hit a fresh record, the US dollar rose to a four-month high and Tesla shares jumped, as investors raised bets on the big winners from Donald Trump’s US presidential election victory. The
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