Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation stayed steady at 4 per cent in January, undershooting expectations and bolstering hopes that the Bank of England will soon feel it has enough evidence of price pressures easing to cut interest rates.
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The days of booming job growth in Texas may be ebbing, according to the Dallas Federal Reserve, which expects the state to return to more normal growth of 2% this year. In their economic outlook for the Lone Star State released Friday, Dallas Fed economists projected the addition of 283,500 jobs in 2024, following gains
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DUBAI, United Arab Emirates — China is facing a confidence deficit as its economy undergoes massive transition and concern grows over its ongoing property crisis, a top banking CEO said while onstage at Dubai’s World Governments Summit. “China’s biggest problem to me is a lack of confidence. External investors lack confidence in China and domestic
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The Puerto Rico Electric Power Authority bankruptcy proceedings will not be paused despite a request from bond parties, U.S. District Court Judge Laura Taylor Swain said Monday. Though the First Circuit Court of Appeals is considering how bond parties’ liens on PREPA’s revenues should be treated in the bankruptcy, Swain said regardless of that court’s
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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. The EU’s chief diplomat and Germany’s president joined other western leaders in condemning former US president Donald Trump’s suggestion that he would allow Russia to attack any Nato member that failed to spend enough on
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Pennsylvania Gov. Josh Shapiro wants to tap the commonwealth’s surplus revenues for his wide-ranging budget agenda. The Democrat proposed sweeping changes to Pennsylvania’s K-12 and higher education systems and $500 million of borrowing to fund his new economic development plan in his budget address on Tuesday.  The budget proposal was $48.34 billion, an increase of
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In this article JPM Follow your favorite stocksCREATE FREE ACCOUNT Over two thousand attendees are descending on the Fontainebleau Hotel in Miami Beach for the annual Exchange ETF conference. To entice participants, the organizers rented out the entire LIV Nightclub Miami at the hotel for a Super Bowl party Sunday night. While much of the conference
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In this article EPD VZ MPLX VZ Follow your favorite stocksCREATE FREE ACCOUNT People visit the Verizon stand at the Mobile World Congress (MWC) in Barcelona, Spain February 27, 2023. Nacho Doce | Reuters A strong fourth-quarter earnings season is underway, and it’s time for dividend-paying companies to shine. Resilient dividend-paying companies can offer long-term
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A Norfolk Southern rail terminal in Austell, Georgia, US, on Tuesday, July 25, 2023. Elijah Nouvelage | Bloomberg | Getty Images Company: Norfolk Southern (NSC) Business: Norfolk Southern is a railway company. It transports a variety of raw materials, intermediate products and finished goods in the United States. Stock Market Value: $57.56B ($254.83 per share)
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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. The amount US financial institutions have loaned to shadow banks such as fintechs and private credit groups has passed $1tn, as regulators warn that growing ties between traditional and alternative lenders could present systemic risks.
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In this article FLNC Follow your favorite stocksCREATE FREE ACCOUNT Rows of cabinets containing lithium ion batteries supplied by Fluence, a Siemens and AES Company, are seen inside the AES Alamitos Battery Energy Storage System, which provides stored renewable energy to supply electricity during peak demand periods, in Long Beach, California on September 16, 2022. 
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The honeymoon phase for environmental, social and governance considerations in the municipal market is beginning to wane, giving way to a more thorough and dynamic vision for how issuers and market participants can deal with the hotly-politicized concpept. ESG was building steam before the pandemic, but has now become so overly-politicized that banks, underwriters and
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