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Simplifying new issue disclosure, dealer supervision among MSRB meeting topics
Warren “Bo” Daniels will lead the meeting as chair of the MSRB board. MSRB Ongoing work to potentially simplify the submission process for new issue disclosure and discussion of dealer supervisory obligations given changing work patterns will be among the topics on deck at the Municipal Securities Rulemaking Board’s upcoming quarterly board meeting. The MSRB’s…
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US officials push to exempt Ukraine from Rubio’s foreign aid freeze
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US diplomats have requested an urgent exemption for Ukraine-related programmes from a 90-day freeze on foreign aid and “stop work” orders issued by secretary of state Marco Rubio, according to documents seen by…
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Starboard takes a stake in Qorvo. Here are the steps the activist may take to improve margins
In this article QRVO Follow your favorite stocksCREATE FREE ACCOUNT Qorvo logo of a US semiconductor company is seen displayed on a smartphone and pc screen. Sopa Images | Lightrocket | Getty Images Company: Qorvo Inc (QRVO) Business: Qorvo is a global supplier of semiconductor solutions. The company operates through three segments: High Performance Analog…
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Nevada governor hands lawmakers budget with deficit
Nevada Gov. Joe Lombardo sparked a budget firestorm ahead of the legislative session by proposing a budget with a deficit and naming a new budget chief. Nevada Gov. Joe Lombardo replaced his budget chief just days before Nevada lawmakers convene on Feb. 3 for their regular legislative session, where they will discuss the governor’s budget…
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‘He was someone you wanted on your team’: Hans Hanf has died at 76
Hans Hanf, former head of municipal markets at BAM, was remembered by friends and colleagues. Hans Hanf, former head of municipal markets at BAM, whose career in municipal finance spanned nearly half a century, died on Jan. 22. He was 76. Hanf’s friends and colleagues remembered him as someone who could effortlessly bring people together.…
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Pete Hegseth narrowly confirmed as Trump’s defence secretary
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world One of Donald Trump’s most controversial cabinet picks has been narrowly confirmed by the US Senate to head the Pentagon, despite allegations of sexual assault and alcohol abuse. Pete Hegseth will become US…
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The Federal Reserve is likely to hold interest rates steady next week. Here’s what that means for your money
The Federal Reserve is expected to hold interest rates steady at the end of its two-day meeting next week, despite President Donald Trump’s comments on Thursday that he’ll “demand that interest rates drop immediately.” So far, the central bank has moved slowly to recalibrate policy after hiking its key benchmark 5.25 percentage points between 2022 and 2023 in an…
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Munis steady as new issue supply slips
<img src=”https://public.flourish.studio/visualisation/21307028/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady Friday as U.S. Treasury yields fell slightly and equities ended lower. The 10-basis-point-plus UST rally in the week of Jan. 13 led to slightly more attractive muni-UST ratios as munis lagged, but not for long, said Barclays strategist Mikhail Foux. While UST yields were stable the…
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How to respond to Trump 2.0
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has started his second term as predicted: with a fusillade of executive orders, memos, vows, musings and overheated rhetoric. The world has had at least a year to brace itself for…
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SEC brought record number of enforcement filings in first quarter of FY25
The SEC was an aggressive enforcer during the tenure of former Chair Gary Gensler, who stepped down earlier this month. Bloomberg News The Securities and Exchange Commission brought a record number of enforcement filings in the first quarter of fiscal year 2025, the final quarter under former Chair Gary Gensler. Based on preliminary results, the…
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A shale boom is not Trump’s gift to give
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Cutting red tape, unleashing, debottlenecking — these are all great business-friendly policies. They work wonders on industries previously fettered by regulation. But there is little evidence that this has been the case for…
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Looking for a new place in 2025? How to know if a rental listing is a scam, fraud experts say
Eleganza | E+ | Getty Images It’s exciting to find a new place to rent in your neighborhood or in a new city. That is, of course, unless you get duped. In so-called rental listing scams, scammers will make up listings that aren’t available for rent or simply do not exist in order to fraudulently…
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Muni mutual funds inflows top $2B
<img src=”https://public.flourish.studio/visualisation/21290760/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were weaker Thursday as the primary market slowed and muni mutual funds saw inflows top $2 billion. U.S. Treasuries saw yields rise five years and out and equities ended mixed. The two-year municipal to UST ratio Thursday was at 64%, the five-year at 64%, the 10-year at 66%…
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Apple and Google investigated by UK regulator over mobile platforms
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s competition watchdog has launched an investigation into Apple and Google’s mobile platforms, just days after the government forced out its chair as part of a push to cut the regulatory burden on business.…
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PREPA, LUMA challenges face Puerto Rico’s new leadership
Puerto Rico Gov. Jenniffer González Colón at her inauguration Jan. 2 in San Juan.Bloomberg News Puerto Rico’s new governor and new party controlling the legislature may bring changes to its financial and economic policies, according to analysts. The bankruptcy of the Puerto Rico Electric Power Authority has continued for more than seven years and the…
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European banks to reward investors with bumper €123bn in payouts
Stay informed with free updates Simply sign up to the European banks myFT Digest — delivered directly to your inbox. European banks are on course to return close to €123bn to shareholders for the second consecutive year as lenders lift dividends above their pre-financial crisis peak and buybacks soar. The largest listed European and UK…
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The crazy ride in quantum computing stocks continues as shares rip higher on Microsoft’s ‘quantum-ready’ directive
In this article IONQ QBTS RGTI QMCO Follow your favorite stocksCREATE FREE ACCOUNT D-Wave Systems Inc. logo of a Canadian quantum computing company is seen on a smartphone screen. Pavlo Gonchar | Lightrocket | Getty Images Quantum computing stocks rallied Wednesday, spurred by a directive from Microsoft urging businesses to get “quantum-ready” in 2025, and…
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Here’s how climate change is reshaping home insurance costs in California — and the rest of the U.S.
Burned trees from the Palisades Fire and dust blown by winds are seen from Will Rogers State Park, with the City of Los Angeles in the background, in the Pacific Palisades neighborhood on Jan. 15, 2025 in Los Angeles, California. Apu Gomes | Getty Images Insurance premiums were surging well before this year’s massive wildfires…
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Texas budget plans call for bigger property tax cuts
The Texas House and Senate unveiled their budget plans for the fiscal 2026-27 biennium.Bloomberg News The Republican-controlled Texas House and Senate on Wednesday unveiled base budget plans for the upcoming biennium with both chambers proposing to continue funding and expand a massive property tax cut enacted in 2023. Armed with a record $39.4 billion cash…
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Saba loses battle against Herald board in first blow to UK campaign
Stay informed with free updates Simply sign up to the Fund management myFT Digest — delivered directly to your inbox. US activist Saba Capital has failed in its attempt to overthrow the board of Herald investment trust, dealing the first blow in its campaign against seven UK-listed closed-ended companies. The majority of shareholders in Herald…
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