Three months after Florida’s private intercity passenger train system, Brightline, disclosed a 21% decline in projected ridership for 2024, it’s cutting its forecast again.  The Fortress Investment Group-backed Brightline now anticipates carrying a combined 4.9 million passengers this year on its new long-distance service between Miami and the Orlando airport and the five-year-old South Florida
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The municipal primary market was active Tuesday while triple-A scales were little moved despite U.S. Treasury gains ahead of the Federal Open Market Committee meeting conclusion Wednesday. Various large new-issues were well-received and cleared the market Tuesday, with several repricing to lower yields. Despite several larger deals entering the primary, the large amounts of cash
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt has hinted that the UK government may hold the next general election in October, which would give the ruling Conservative party less than seven months to turn around its dire position in the
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Artificial-intelligence semiconductor powerhouse Nvidia on Monday unveiled a flagship AI chip, the Blackwell B200, saying it is up to 30 times speedier than its previous chip. Chief Executive Jensen Huang, kicking off the company’s annual developer conference, also launched a new set of software tools designed to help developers sell their artificial-intelligence models more easily to any
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Billionaire X owner Elon Musk said Google “interferes to help Democrats thousands of times every election season” after The Post detailed a watchdog group’s claims that the search giant allegedly boosts Dems while censoring Republicans. As The Post reported, a right-leaning watchdog called the Media Research Center (MRC) published a analysis detailing what it described
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Loading… Loading… On Tuesday, large-cap indices experienced a downturn, while small caps surged, reflecting investor attention on stock valuations. The iShares Russell 2000 ETF IWM climbed by over 1%, on track for its fourth consecutive session of gains, representing the lengthiest streak since late 2023. Blue-chip stocks declined by 0.4%, while the Nasdaq 100 dipped
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Tick tock — The Super Mario Maker community faces its final boss “Team 0%” is struggling to clear “Trimming the Herbs” before an April 8 server shutdown. Kyle Orland – Mar 19, 2024 10:30 am UTC Enlarge / “Trimming the Herbs,” mapped above, is all that stands between “Team 0%” and its ultimate goal of
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The number of Federal Reserve rate cuts expected this year has dwindled and the first one isn’t likely before June, analyst said, as inflation numbers continue to come in hotter-than-expected. While the market was initially expecting six or seven 25 basis point cuts this year, Gary Quinzel, vice president of portfolio consulting at Wealth Enhancement
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Chris Wattie | Reuters Economists expect the Federal Reserve to leave interest rates unchanged at the end of its two-day meeting this week, even though many experts anticipate the central bank is preparing to start cutting rates in the months ahead. In prepared remarks earlier this month, Federal Reserve Chair Jerome Powell said policymakers don’t want to ease
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Vladimir Putin is cruising to victory in Russia’s presidential election, cementing his rule for another six years amid his invasion of Ukraine and brutal suppression of dissent. The result of the three-day election ending on Sunday is a foregone conclusion after the Kremlin outlawed all criticism of Putin or the war and blocked any opposition
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Benjamin Netanyahu has lashed out at sharp criticism from western allies of Israel’s strategy in Gaza, accusing them of seeking to orchestrate elections that would “paralyse” the country and lead to its defeat in the
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