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Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Bill Burns is director of the US Central Intelligence Agency, Richard Moore is chief of the UK Secret Intelligence Service Two years ago, we celebrated 75 years of partnership; 75 years since
Municipal and U.S. Treasury markets improved Friday after a weak jobs report sent investors fleeing equities in a flight-to-quality trade. While the employment report did not settle the 25 or 50 basis point rate cut argument, economists said, it did cause the UST 2s/10s to de-invert. “While stocks are selling off, we are witnessing a
€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
Speaking Thursday to the Economic Club of New York, former President Donald Trump proposed the creation of a U.S. sovereign wealth fund to pay for infrastructure projects. “We’ll create America’s own sovereign wealth fund to invest in great national endeavors for the benefit of all of the American people,” Trump said. “Why don’t we have
The Jackson Hospital & Clinic in Montgomery, Alabama, has named a chief restructuring officer in the aftermath of a bond payment default. Allen Wilen, partner at Eisner Advisory Group, will be the chief restructuring officer bond trustee UMB Bank, N.A., announced Thursday after the hospital failed to make a bond payment Tuesday. UMB believes there
The judge overseeing the bankruptcy for Puerto Rico’s government-owned electric utility continued a pause on litigation related to the case as the power provider and its creditors negotiate a possible debt-cutting deal. U.S. District Court Judge Laura Taylor Swain extended for an additional 30 days the litigation stay through Oct. 8 and ordered the parties
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 /
The employment report did not settle the 25 or 50 basis point rate cut argument, economists said, as it offered a mixed bag, with lower-than-expected jobs added and downward revisions to previous months’ numbers, while earnings grew and the unemployment rate dipped. Nonfarm payrolls rose 142,000 in August, less than the 165,000 expected, while the
Siebert Williams Shank has brought on Lori Ciraolo to further strengthen its taxable fixed-income team. Ciraolo, who spent more than 17 years at Goldman Sachs, has been hired as a senior vice president in corporate and municipal short-term securities to help expand SWS’ taxable muni franchise through commercial paper trading. “It’s a hybrid role between
€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
Share Tweet By Tr Goins-Phillips Editor September 5, 2024 Texas-based Pastor Ed Young believes those who think megachurches are “just too big” are hypocrites. The founder and senior pastor of the multi-site Fellowship Church in Grapevine issued the bold statement in a video shared to his Facebook page. Young’s church, for context, reported a weekly
After months of dozens of restaurant closings and headlines about endless shrimp woes, Red Lobster is poised to soon exit from Chapter 11 bankruptcy protection. A US bankruptcy judge on Thursday approved the casual seafood chains reorganization plan and sale to a lender group led by asset manager Fortress. The green light arrives under just
ATP — After another Boeing letdown, NASA isnt ready to buy more Starliner missions Boeing could earn nearly $2 billion more from NASA if it fully executes on the Starliner contract. Stephen Clark – Sep 5, 2024 10:11 pm UTC Enlarge / Boeing’s Starliner spacecraft sits atop a United Launch Alliance Atlas V rocket before
A top Wall Street dealmaker left an elite New York investment bank after his bosses found out he allegedly had an affair with a younger co-worker on his team, The Post has learned. Adam Taetle stepped down as senior managing director at Evercore — the firm founded by deep-pocketed Democratic Party operative Roger Altman —
LL Flooring, the once formidable flooring hardware competitor of Home Depot, previously known as Lumber Liquidators, is closing all its stores only weeks after filing for bankruptcy. The 30-year-old hardware store, which once operated over 400 stores in the US, said it decided to liquidate after several negotiations didn’t yield the “best offer for the
close video Fed should not be taking any big victory laps: Jason Trennert Strategas Chairman and CEO Jason Trennert discusses the common man CPI, real wages, the jobs data revisions and Harris tax hike plan. U.S. job growth picked up in August but missed economists' expectations, while the unemployment rate was little changed. The Labor
VATICAN CITY (RNS) — The age of world leaders may be hotly debated elsewhere, but in Indonesia this week, Pope Francis, the 87-year-old head of Roman Catholicism, began the most physically demanding trip of his pontificate so far. It was the first stop on a two-week, four-country tour of Southeast Asia, with a packed schedule
KFF Health News Sep 6 2024 In a video posted to Reddit this summer, Lucie Rosenthal's face starts focused and uncertain, looking intently into the camera, before it happens. She releases a succinct, croak-like belch. Then, it’s wide-eyed surprise, followed by rollicking laughter. "I got it!" the Denver resident says after what was her second
By Pooja Toshniwal Paharia Reviewed by Danielle Ellis, B.Sc. Sep 6 2024 Immune responses in trans men during gender-affirming hormone therapy become more like those of cisgender men Study: Immune system adaptation during gender-affirming testosterone treatment. Image Credit: Pamela Au/Shutterstock.com A recent study in Nature examined the effects of gender-affirming hormonal treatment (GAHT) on the
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