The US has eased some restrictions on humanitarian aid and essential services in Syria while keeping in place other sanctions that block aid to the new government in Damascus. Guidance from the Treasury department on Monday grants blanket authorisation for NGOs and international organisations providing essential services to Syria such as electricity, water and sanitation
The Indiana Municipal Power Agency, which owns a piece of one unit at the Gibson Station coal-fired power plant in Owensville, Indiana, returns to the bond market next week. Bloomberg News The Indiana Municipal Power Agency will issue $268.3 million of power supply system revenue bonds next week to refund several earlier series of bonds
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world A security crisis is brewing in Europe. Two dangerous elements could combine in 2025. A growing threat from Russia and increasing indifference from Donald Trump’s America. European countries urgently need to respond to
Investment banks are bracing for a crunch year in which they must deliver a step-change in deal fees to justify record share prices and expensive hires made during a two-year downturn. The six listed independent investment banks — Evercore, Lazard, PJT, Moelis, Perella Weinberg and Houlihan Lokey — reached record highs in recent weeks as
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. So. A big, round-numbered and menacing birthday coming up in a few weeks. Not to give too much away, but in the month I was born, Momoe Yamaguchi’s Fuyu no Iro was electrifying the
“The largest share of the higher revenue is from one-time litigation proceeds and year-end accounting adjustments related to prior-year cost recoveries,” said Washington, D.C., CFO Glen Lee.Christopher Mobley The latest revenue estimate from the District of Columbia’s chief financial officer shows a positive $169.7 million bump in actual inflows compared to the estimates that were
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Stocks on Wall Street rallied on Friday to close out the first week of 2025 on an upbeat note amid fresh signs of manufacturing stability, bringing a halt to several days of losses. The S&P
Rob Bonta, California’s attorney general, announced the $10 million settlement in the fraud case on Thursday.Bloomberg News A former Los Angeles County physician, a non-profit medical center he founded, a laboratory he co-owned, and an executive at these entities have agreed to pay $10 million to settle allegations that they submitted false claims to Medicare
Bond financing will accelerate plans to upgrade U.S. 275 in Nebraska to an expressway, said Vicki Kramer, director of the state Department of Transportation.Nebraska Department of Transportation The Nebraska State Highway Commission has signed off on the state’s first bond issue for a highway project. The commission on Dec. 6 unanimously approved a resolution authorizing
A for sale sign is displayed outside of a home for sale on August 16, 2024 in Los Angeles, California. United States real estate industry rules governing agent commissions will change on August 17 as part of a legal settlement between the National Association of Realtors and home sellers. (Photo by Patrick T. Fallon /
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In mid-December, two jubilant groups came together to celebrate their recent, interconnected turns in fortune: the freewheeling cryptocurrency industry and the family of the victorious US president-elect Donald Trump. Trump’s second son, Eric, was the star attraction at the Bitcoin Mena 2024 conference in Abu Dhabi on December 10. In front of a whooping crowd
A home available for sale is shown in Austin, Texas, on May 22, 2024. Brandon Bell | Getty Images There’s good news in the housing market to close out 2024: There’s a lot more supply. The bad news: A lot of that supply is stale, sitting unsold for much longer than usual. Active listings in
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The US’s S&P 500 index has risen more than 20 per cent for the second year in a row, as investor excitement about artificial intelligence fuels strong gains in megacap technology stocks. Despite a sell-off in December, the basket of blue-chip stocks has ended 2024 up 23.3 per cent, following a 24.2 per cent gain
“President Trump and I had a great meeting to discuss our shared priorities for the President’s second term,” said Bowser. ”President Trump and I both want Washington DC to be the best, most beautiful city in the world and we want the capital city to reflect the strength of our nation.” DC.Gov President-elect Donald Trump and Washington,
Home Depot navigated a challenging 2024 marked by elevated interest rates and a cautious consumer. But as the year progressed, signs of recovery emerged, setting the stage for a rebound in 2025, fueled by increased housing turnover and pent-up demand in the home improvement market. Year-to-date performance: up 12% Forward price-to-earnings multiple: 25 versus a
A deal backed by United Airlines to finance upgrades at Houston’s George Bush Intercontinental Airport was one of many billion-dollar-plus deals in Texas in 2024.Houston Airport System In a record year for municipal bond issuance, Texas set a record of its own. Issuers in Texas sold $67.88 billion of bonds in 2024, according to LSEG
Enjoy complimentary access to top ideas and insights — selected by our editors. President-elect Donald Trump’s return to the White House has placed public finance leaders on the defensive, as tax policy changes may impact the industry’s investor base, increase borrowing costs and stymie certain infrastructure finance opportunities. Looking to the past offers some insight
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