Opening arguments are expected to be heard at a Wilmington, Delaware, courthouse on Monday in Dominion Voting Systems defamation trial against Fox News, which has been accused of telling vacuous lies about the 2020 presidential election and the tech companys role. At stake is some $1.6 billion, the amount Dominion demands in restitution, along with
close video Construction boom leads to more jobs in the industry Construction is booming in states like Arizona, California, Florida and Texas. U.S. job growth cooled sharply in July while the unemployment rate unexpectedly rose to the highest level in nearly three years. The Labor Department reported Friday that employers added 114,000 jobs in July,
This week has been especially chaotic for the Middle East. On Saturday, a Lebanese rocket killed 12 children and youth at a soccer game in the Israeli-controlled Golan Heights. (The victims were Syrian citizens with Israeli residency.) On Tuesday night, Israel took revenge for the rocket by killing Fuad Shukr, a commander in the pro-Iranian
Standard Digital Weekend Print + Standard Digital wasnow $39 per month Essential digital access to quality FT journalism on any device. 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
In this article TNL NOW GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google headquarters in Mountain View, California, on Jan. 30, 2023. Marlena Sloss | Bloomberg | Getty Images Earnings season is in full swing, with results from tech giants and sector leaders influencing the market’s direction. While these updates provide key insights into a
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. 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
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. 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
The Palisades Nuclear Generating Station in Covert, Mich. John Madill | The Herald-Palladium | AP The Palisades Power Plant on the shores of Lake Michigan had become a piece of history, a relic of an era when nuclear energy was viewed as the future. The reactor in Covert, Michigan, about 70 miles of southwest of
Municipals extended their rally Friday, underperforming U.S. Treasuries which saw yields plummet up to nearly 30 basis points on the short end after a weaker-than-expected nonfarm payrolls report. Equities sold off. Muni yields were bumped nine to 14 basis points, depending on the scale, while UST yields fell 17 to 29 basis points, pushing two-,
A for sale sign in front of a home in Arlington, Virginia, on August 22, 2023. Andrew Caballero-Reynolds | AFP | Getty Images The average rate on the popular 30-year fixed mortgage dropped 22 basis points to 6.4% Friday, according to Mortgage News Daily. That is the lowest rate since April 2023. The 15-year fixed
Following the receipt of $12 billion from the Biden administration in July of this year, the Gateway Development Commission is seeking to execute an additional $3.8 billion Federal State Partnership grant agreement from the Federal Railroad Administration. The additional funds will provide the GDC with a cushion with which to facilitate advance payments, as well
The Federal Deposit Insurance Corporation board shocked the municipal bond market on Tuesday with a proposal that would switch out CUSIP numbers with Financial Instrument Global Identifiers, a marker based on standards developed by Bloomberg. “It was an opaque process, but we did hear of efforts behind closed doors to expand the scope of FDTA to include
Williams College, the liberal arts school sprawled across 450 acres of the Berkshire highlands in Massachusetts, is out to show municipal bond investors the greater value of some higher education debt. The alma mater of former President James Garfield and current U.S. Rugby Olympian Kristi Kirshe plans to sell $108 million of bonds next week
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. 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
In this article ZE594-CN BAC AAPL BRK.A 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 3rd, 2024. David A. Grogan Berkshire Hathaway‘s highly scrutinized cash pile could top $200 billion — more than the entire annual
With the launch of several muni exchange-traded funds in recent weeks, there are now just over 100 muni ETFs in the space as firms ramp up their offerings to fill the gap in the marketplace and address the growing demand from clients. “There’s definitely a bit of an arms race out there,” said Brendan McCarthy,
close video Construction boom leads to more jobs in the industry Construction is booming in states like Arizona, California, Florida and Texas. U.S. job growth cooled sharply in July while the unemployment rate unexpectedly rose to the highest level in nearly three years. The Labor Department reported Friday that employers added 114,000 jobs in July,
This week has been especially chaotic for the Middle East. On Saturday, a Lebanese rocket killed 12 children and youth at a soccer game in the Israeli-controlled Golan Heights. (The victims were Syrian citizens with Israeli residency.) On Tuesday night, Israel took revenge for the rocket by killing Fuad Shukr, a commander in the pro-Iranian
The Municipal Securities Rulemaking Board announced yesterday that it has selected three new board members to four-year terms along with the new chair and vice chair that were announced last week. The new public members are Ahmed A. Abonamah, the former chief financial officer and director, Department of Finance, City of Cleveland, and Daniel L. Wiles,
The American Federation of Teachers 88th National Convention centered not on workplace conditions or the resolution of deep issues rampant throughout the nations classrooms but underscored the unions longstanding devotion to progressive politics, culminating in a resounding endorsement of presidential candidate Kamala Harris. The convention, which hosts AFT delegates from across the nation to vote
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