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Trump refuses to rule out force to take Greenland and Panama Canal
$75 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…
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Indiana Municipal Power Agency returns to market next week
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…
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UK long-term borrowing costs hit highest level since 1998
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s long-term borrowing costs hit their highest level since 1998 on Tuesday as investor worries over the threat of stagflation mount. The yield on the 30-year gilt touched 5.21 per cent, ahead of the…
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New ETFs that combine bitcoin exposure and options are coming in 2025
Anadolu | Anadolu | Getty Images Bitcoin ETFs were a hit with investors in 2024, and now asset management firms are starting to build out ways to combine crypto and derivatives in exchange traded packages. New products are set to roll out this month. Asset manager Calamos announced Monday that it will launch a structured…
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Higher yields create ‘better-than-typical’ entry point for January reinvestment capital
<img src=”https://public.flourish.studio/visualisation/21055199/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were little changed Monday as U.S. Treasury yields rose slightly out long and equities ended mixed. With the steady tone Monday, muni to UST ratios fell slightly. The two-year municipal to UST ratio Monday was at 65%, the five-year at 64%, the 10-year at 66% and the 30-year…
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Canadian Prime Minister Justin Trudeau announces resignation
€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…
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Nebraska Highway Commission approves state’s first highway bonds
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…
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Private equity to lobby Trump for access to savers’ retirement funds
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The private equity industry is preparing to lobby the incoming Trump administration to give it access to broad pools of capital it has not historically been allowed to tap, including retirement savings, in…
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Top Wall Street analysts pick these dividend stocks for 2025
Sopa Images | Lightrocket | Getty Images Major U.S. indices had a good run in 2024, thanks to the buzz around artificial intelligence and interest rate cuts. However, macro uncertainty could weigh on investor sentiment in 2025. In this scenario, investors looking for regular income can consider adding dividend stocks to their portfolios. Top Wall…
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Two more banks under Texas review quit climate group
Texas Attorney General Ken Paxton addresses the Conservative Political Action Conference in February. His office did not immediately respond to Bank of America and Morgan Stanley leaving the Net-Zero Banking Alliance and the moves’ impact on a review of the banks launched by his office in 2023 that could lead to them being banned from…
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Tulip Siddiq under rising pressure to resign over property scandal
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK City minister Tulip Siddiq is under mounting pressure to resign after becoming embroiled in a scandal tied to the ousted Bangladesh government. The minister, who has responsibility for fighting corruption, has lived in…
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Washington, D.C., revenue estimate boosted
“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…
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Proton facilities default on payments
The Proton Center of Arkansas, one of a series of struggling, bond-financed cancer treatment centers across the country.The Proton Center of Arkansas The new year rang in fresh signs of distress at a pair of long-struggling cancer treatments centers in Maryland and Arkansas financed with bonds through Wisconsin’s conduit issuer the Public Finance Authority. The…
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US homebuilder shares slide on fears of higher rates and Trump tariffs
€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…
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California AG settles Medi-Cal/Medicaid fraud case
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…
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‘That is Maganomics’: where Trump is taking America on trade
Seven years ago, I strode through the long black-and-white corridors of the White House’s Executive Office of the President to a room occupied by Peter Navarro, adviser to the then president Donald Trump. Navarro’s desk was buried beneath piles of paper. “I’m always messy,” the economist laughed, and presented a 140-page report with an American…
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Europe’s real estate recovery looks set to pick up steam in 2025
Residential 19th century style residential buildings in historic center of Paris, France. Kolderal | Moment | Getty Images Europe’s real estate sector is poised for further recovery in 2025, as investment activity picks up and growth returns across key market segments, analysts have predicted. A gradual uptick in transactions in 2024 looks set to gain…
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Munis improve ahead of $5B new-issue slate
<img src=”https://public.flourish.studio/visualisation/21026447/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were firmer Friday ahead of the first full week of the New Year and ahead of a $5 billion-plus new-issue calendar while U.S. Treasuries saw modest losses and equities made gains. Triple-A yields fell up to seven basis points on the one-year, depending on the scale, while UST…
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Tulip Siddiq was given London flat by developer with links to ousted Bangladeshi government
The UK’s City minister Tulip Siddiq was given a central London apartment by a person connected with the party of the recently ousted Bangladeshi government. Siddiq, economic secretary to the Treasury, was handed a two-bedroom flat near King’s Cross in 2004 without making a payment, according to previously unreported Land Registry filings. The filings indicate…
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Westchester County, New York, has GO deal coming
Homes in the Westchester County, New York, community of Larchmont.Bloomberg News Westchester County, New York, plans to issue roughly $189 million in general obligation bonds, with Fitch Ratings giving the debt a top-tier AAA rating. The affluent county on New York City’s northern border, home to suburbs like Scarsdale and Rye, will use the proceeds…
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