Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The IMF has warned UK chancellor Jeremy Hunt against cutting taxes, arguing the country needs to curb public borrowing and prioritise spending in areas such as health, education and tackling climate change. Pierre-Olivier Gourinchas, IMF
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Florida lawmakers are asking Congress to expand the use of tax-exempt private activity bonds to include commercial spaceports. “The push for Congress to grant spaceport bonds tax-exempt status has been a conversation for many years,” said a spokesperson for Space Florida, the state’s aerospace finance and development authority, which oversees the development of the Florida’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Paddy Power owner Flutter is planning to move its primary listing to New York in the latest blow to London’s shrinking equity market. If approved by shareholders at an annual meeting in May, Flutter’s transition
Stay informed with free updates Simply sign up to the Middle Eastern politics & society myFT Digest — delivered directly to your inbox. Three US service members have been killed by a drone attack on a military base carried out by “radical Iran-backed militant groups” near the Syria border, the White House said on Sunday.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has moved to officially limit short selling after informal efforts failed to stop a worsening stock market sell-off. Investors who buy shares will not be allowed to lend them out for short selling within
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It was easy to poke fun at crypto back in late 2022. The market had tanked by about two-thirds in the space of a year; many of the industry’s biggest companies and coins had collapsed
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A New York jury has ordered former president Donald Trump to pay $83.3mn for defaming the writer E Jean Carroll after she accused him of sexual assault, the latest courtroom setback for the former US
President Joe Biden will visit Wisconsin Thursday to announce nearly $5 billion in grants to kickstart transportation projects across the country. The largest grant, of $1 billion, will go to replace the aging Blatnik bridge between Wisconsin and Minnesota, where Biden will make the announcement. President Joe Biden is set to visit Wisconsin Thursday to
The Oklahoma Senate will not take up an income tax cut during a special legislative session next week as it waits for more information about the state’s financial position. The Republican-controlled chamber will commence and immediately adjourn the session that starts Monday just like it did for an October special session on tax cuts Gov.
A “For Sale” sign stands outside a home following a snow fall in Geneseo, Illinois, U.S., on Monday, Jan. 20, 2020. The National Association Of Realtors is scheduled to release Existing Homes Sales figures on January 22. Photographer: Bloomberg | Bloomberg | Getty Images Severe winter weather is hindering home sales across the country, according
The S&P 500 eked out its fourth consecutive record high close on Wednesday, helped by several big tech names rising to new peaks. The blue-chip index ended 0.1 per cent higher with early gains moderating during afternoon trading. Half a dozen of the index’s biggest companies by market capitalisation closed at record highs. Tech names
West Virginia Gov. Jim Justice proposed a $5.3 billion fiscal 2025 budget that contains tax cuts for senior citizens and families with children. Justice, who unveiled the budget proposal during his State of the State address to the Legislature on Jan. 10, said the plan includes significant reforms to the state’s Social Security income tax,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The French government is pressing the UK to help plug a multibillion-pound hole in the budget of nuclear power projects being built in Britain by France’s electricity operator EDF. The call for a contribution from
US stocks ticked higher on Tuesday, with the S&P 500 closing at a record high for the third session in a row. The benchmark ended the day 0.3 per cent higher, notching a four-session winning streak, while the tech-heavy Nasdaq Composite rose 0.4 per cent. The 10-year Treasury yield rose 0.05 percentage points to 4.14
Arizona should be able to tackle a growing shortfall given the state’s improved reserves, low debt burden, and budget flexibility, Moody’s Investors Service said this week. The state’s general fund faces projected shortfalls of $835 million in fiscal 2024 and nearly $879 million in fiscal 2025, according to the Joint Legislative Budget Committee’s latest projections,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump will win the New Hampshire Republican primary, the Associated Press projected on Tuesday night, cementing his frontrunner status and raising questions about whether Nikki Haley would end her bid for the White House.
In this article ZG Follow your favorite stocksCREATE FREE ACCOUNT Maskot | Digitalvision | Getty Images With high mortgage rates and home prices, would-be buyers are understandably looking for deals — even if they have to move to a different city, state or region to find them. Last year, consumers moving interstate tended to pick
Louisiana’s largest and most complex public-private partnership that will replace an aging bridge over Interstate 10 appears back on track after the state’s new administration hammered out a revised agreement with the concessionaire to assuage political opposition. The modified agreement lowers tolls and includes a 15% equity contribution for local infrastructure, new Gov. Jeff Landry
The battle between Donald Trump and Nikki Haley has emerged as a contest of competing foreign policy visions, with voters in New Hampshire set to deliver a verdict on America’s role in the world, including on whether to keep funding Ukraine. The vote in the New England state on Tuesday could represent an early watershed
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is editorial director and a columnist at Le Monde Emmanuel Macron burst on to the European scene in 2017 as the innovative politician who stopped the populist wave then sweeping Britain, America, Italy
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