“Homeowners, not insurance companies, should receive the interest earned on their insurance payouts,” said California Assemblymember John Harabedian, D-Pasadena. California Assemblymember John Harabedian’s office In the wake of Los Angeles’ devastating wildfires, California Gov. Gavin Newsom’s office announced he is sponsoring legislation that would ensure that homeowners, not lenders, benefit from interest earned on insurance
Israel’s Prime Minister Benjamin Netanyahu ordered his military to mass around the Gaza Strip and threatened to resume “intensive fighting” against Hamas if the Palestinian militant group failed to release Israeli hostages by midday on Saturday. Netanyahu’s ultimatum on Tuesday came after Hamas’s announcement that it was delaying “until further notice” the planned release of
U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S., Feb. 7, 2025. Kent Nishimura | Reuters President Donald Trump ordered a halt to the production of new pennies, which he said will help reduce “wasteful” government spending. “For far too long the United States
“Our job is to take that volatility, figure out what’s noise, figure out what’s reality, and lean into the opportunities as we see them,” said Alex Petrone, director of fixed income at Rockefeller Asset Management.Rockefeller Asset Management The year 2025 brought a lot of uncertainty — macro, geopolitical, muni-specific policy and unknown headlines risks —
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world China and the US risk renewing a full-blown trade war unless the two largest economies can defuse the dispute before Chinese tariffs on $14bn of American exports take effect on Monday, analysts warned.
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. In Stendhal’s The Red and the Black, a book that is never far from me, the colours refer to two careers. The first is the army. The other is the priesthood. The setting is
Pennsylvania Gov. Josh Shapiro at the State Capitol in Harrisburg on Feb. 28, 2024.Bloomberg News The 2024 election results created national political upheaval, but in Pennsylvania, voters sent their state legislators back to Harrisburg with the exact same margins. “The good people of Pennsylvania looked at all we’ve accomplished together,” Gov. Josh Shapiro said in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US President Donald Trump has temporarily paused measures to close a tariff exemption on low-cost shipments from China while officials figure out how to tax the millions of packages that arrive in the US every
“In Texas, resilient growth is expected to continue in 2025 at about the same pace as 2024,” Dallas Federal Reserve Vice President Labor Economist Pia Orrenius said, adding risks to the outlook include, tariffs, sharply lower immigration, and a rollback in federal government spending. Dallas Federal Reserve Job growth will continue to trend lower in
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump announced Nippon Steel had abandoned its plan to buy US Steel but would “invest heavily” in the iconic Pittsburgh producer. At a joint press conference with Japanese Prime Minister Shigeru Ishiba
Amazon signage during the 2024 CES event in Las Vegas, Nevada, on Jan. 10, 2024. Bridget Bennett | Bloomberg | Getty Images Check out the companies making headlines in extended trading: Amazon — The e-commerce giant fell 2% after issuing weaker-than-expected guidance for the current quarter. Amazon said it forecasts sales in the first quarter
Hawaiian Airlines is the largest airline in Hawaii with extensive inter-island service. Hawaiian Airlines When the Hawaii Department of Transportation heads to market Feb. 13 to sell up to $855 million of tax-exempt airport system revenue bonds, it will do so with across-the-board double-A ratings after receiving a ratings boost from Moody’s Ratings. Moody’s upgraded
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT TrumpCoin cryptocurrency price on Binance website is displayed for illustration photo. Krakow, Poland on Januar 20th, 2025 (Photo by Beata Zawrzel/NurPhoto via Getty Images) Beata Zawrzel | Nurphoto | Getty Images Meme coins plummeted over the weekend as President Donald Trump signed long threatened tariffs
In this article BRK.A SIRI FWONA Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska, on May 3, 2024. David A. Grogan Warren Buffett’s Berkshire Hathaway once again scooped up shares of Sirius XM, boosting its stake in the satellite radio company
US President Donald Trump signs an executive order to create a sovereign wealth fund with Scott Bessent, US Treasury secretary, left, and Howard Lutnick, chief executive officer of Cantor Fitzgerald LP and US commerce secretary nominee, right, in the Oval Office.Chris Kleponis/Bloomberg President Donald Trump Monday signed an executive order that will start the process
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world UK national security adviser Jonathan Powell will discuss a proposed deal over the Chagos Islands with his US counterpart Mike Waltz in Washington this week, according to people familiar with the matter. Britain
US President Donald Trump speaks to reporters in the Oval Office of the White House on Feb. 3, 2025, in Washington, DC. Jim Watson | AFP | Getty Images President Donald Trump on Monday signed an executive order that outlines plans to for a government-run sovereign wealth fund to serve as an economic development tool
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US consumers face the possibility of higher prices for popular goods such as tomatoes, avocados and tequila following Donald Trump’s decision to slap tariffs on imports from China, Mexico and Canada. The potential
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Beijing has hit out at new 10 per cent tariffs imposed by the US on Chinese exports, saying it will “take necessary countermeasures to defend its rights and interests” as trade tensions between
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