In this article PSTG Follow your favorite stocksCREATE FREE ACCOUNT Low-angle view of sign with logo on facade of technology company Pure Storage in the Silicon Valley town of Mountain View, California, October 28, 2018. Smith Collection/gado | Getty Images Pure Storage shares rallied after announcing a contract with an unnamed “top four” AI hyperscaler
Prospective buyers attend an open house at a home for sale in Larchmont, New York, US, on Sunday, Jan. 22, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Potential homebuyers are responding to lower mortgage rates and a higher supply of homes for sale. That fueled mortgage demand last week, as consumers looking to refinance
Plainwell Community Schools was among the Michigan districts to have bond measures fail in November.Plainwell Community Schools Michigan’s Plainwell Community Schools had a $39.8 million bond measure on the ballot Nov. 5, its second attempt this year to secure voter approval for capital projects in the district. The new bond had been downsized from the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Korea’s President Yoon Suk Yeol faced mounting calls for his impeachment on Wednesday after his failed attempt to impose martial law triggered the country’s worst constitutional crisis in decades. Opposition lawmakers called on him
<img src=”https://public.flourish.studio/visualisation/20605532/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were firmer amid a busy new-issue calendar, as U.S. Treasury yields were slightly weaker outside of five years and equities were mixed. Muni yields were bumped one to five basis points, depending on the scale, while UST yields rose up to three basis points out long. The two-year
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Korean President Yoon Suk Yeol has signalled he intends to back down from his threat to impose martial law, hours after triggering a political crisis in the east Asian country. Yoon, a hardline former
Art Cashin, UBS’ director of floor operations at the New York Stock Exchange and a man The Washington Post called “Wall Street’s version of Walter Cronkite,” has died. He was 83 and had been a regular on CNBC for more than 25 years. In the intensely competitive and often vicious world of stock market commentary,
Fotostorm | E+ | Getty Images If you need to get a mortgage to buy a house, make sure your finances are in order — especially your debt-to-income ratio. Your debt-to-income ratio is all your money debt payments divided by your gross monthly income. It’s the “number one way” lenders measure your ability to manage
Texas Gov. Greg Abbott touts a state-funded education savings account program at a parent empowerment day event at the state capitol in March 2023. After the program failed to pass that year, he vowed another push in 2025 and campaigned for pro-voucher legislative candidates.Texas Governor’s Office Texas is gearing up for its 2025 legislative session
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A judge in Delaware rejected Tesla’s attempt to restore Elon Musk’s record $56bn pay package after previously striking it down as a breach of the fiduciary duty of the electric-car maker’s board, dealing a blow
<img src=”https://public.flourish.studio/visualisation/20585986/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were firmer to kick off December, as U.S. Treasuries were weaker and equities were mixed late in the session. Muni yields were bumped one to four basis points, depending on the scale, while UST yields rose up to five basis points on the short end, as of 3
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Nato’s new secretary-general has warned Donald Trump that the US would face a “dire threat” from China, Iran and North Korea if Ukraine is pushed to sign a peace deal on terms that
The city of Chester, on the Pennsylvania side of the Commodore Barry bridge (shown). A battle over the Chester Water Authority continues to rage.AdobeStock The Chester Water Authority traces its origins back to 1868, when it was created as a private entity to provide water to Chester, Pennsylvania’s residents. The Chester Water Service Company, as
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Syrian rebel fighters said they were pressing southward after taking over most of the country’s second city Aleppo, including its international airport, in a lightning assault that poses the biggest challenge in years to Bashar
Rafael Enrique | Lightrocket | Getty Images Macroeconomic uncertainty and potential policy changes under the administration of President-elect Donald Trump have driven the stock market to new heights the past four weeks. But investors stand to benefit if they ignore short-term noise to focus instead on companies that can navigate challenges and deliver solid returns
House Appropriations Chair Rep. Tom Cole, R-Okla., said disaster aid may be included in a short-term government funding bill this year.Al Drago/Bloomberg News Lawmakers will return to Capitol Hill next week to wrap up the 118th Congress with must-pass government funding and national defense authorization bills and fresh disaster funds on tap. The lame-duck session ending
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is director of regional security at the International Institute for Strategic Studies and co-editor of the newly-released ‘Turbulence in the Eastern Mediterranean: Geopolitical, Security and Energy Dynamics’ With the world understandably focused on the
“Emergency relief funding is not just about repairing infrastructure, it’s about ensuring that transportation remains a critical support system for communities rebuilding after devastating natural disasters,” said Paul P. Skoutelas, APTA President and CEO. ”This funding is critical now more than ever, as climate-driven disasters increase in intensity and frequency. Congress must act swiftly to provide
Staring at the enormous mound of rubble that used to be her home, Mariam Hosni clutched her daughter’s hand, which gripped a picture of Hizbollah’s venerated former leader Hassan Nasrallah, assassinated by Israel as it escalated its offensive two months ago. The Hosnis’ building in Beirut’s southern suburbs was levelled in the fierce Israeli bombardment
GE Hitachi Nuclear Energy’s BWRX-300 small modular reactor incorporates proven components. Courtesy: GE Verona GE Vernova is aiming to deploy small nuclear reactors across the developed world over the next decade, staking out a leadership position in a budding technology that could play a central role in meeting surging electricity demand and reducing carbon dioxide
Moody’s Ratings downgraded Manhattan, Kansas, bonds to A1 from Aa3 in the wake of a tardy audit and deteriorating finances. A tardy annual audit and deteriorating finances led Moody’s Ratings to downgrade the issuer and general obligation rating for Manhattan, Kansas, to A1 from Aa3 and warn the rating could be lowered further or even
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rebel forces have swept into Syria’s second city Aleppo after mounting a lightning offensive that poses the biggest threat to Bashar al-Assad’s regime in the simmering years-long civil conflict. Images circulated on Friday night on
&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;lt;img src=”https://public.flourish.studio/visualisation/20548015/thumbnail” width=”100%” alt=”chart visualization” /&amp;amp;amp;amp;amp;amp;amp;amp;amp;amp;gt; Municipals were lightly traded in a post-Thanksgiving holiday-shortened session, but the asset class held onto a firmer tone Friday following an improved U.S. Treasury market, ahead of what’s building up to be a sizable new-issue slate for the first week of the last month of 2024. Demand for paper
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK dealmaking activity accelerated this week with the announcement of four takeover offers worth a total of £5.3bn, underlining the country’s position as Europe’s foremost destination for mergers and acquisitions this year. On Friday, the
Brandon Bell | Getty Images News | Getty Images As Inauguration Day nears, investors are trying to unravel what booms or busts lay ahead under President-elect Donald Trump. Trump’s campaign promises — from tariffs to mass deportations, tax cuts and deregulation — and his picks to lead federal agencies suggest both risks and rewards for
“By modernizing this key venue, we will not only attract more events and visitors but also stimulate local businesses and create a vibrant atmosphere in the area,” said D.C.’s Democratic Mayor Muriel Bowser. “Our agreement stipulates that at least 40% of contracts will be awarded to certified business enterprises, with an ambitious goal of reaching
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK transport secretary Louise Haigh has resigned after admitting that she had pleaded guilty to a criminal offence over a missing mobile phone. “Whatever the facts of the matter, this issue will inevitably be a
&lt;img src=”https://public.flourish.studio/visualisation/20514185/thumbnail” width=”100%” alt=”chart visualization” /&gt; Issuance fell in November year-over-year, marking the first month supply has declined in 2024, as election-related uncertainty and fewer available pricing days kept volume low. Despite this, bond volume in 2024 will break issuance records. November’s volume was at $24.743 billion in 607 issues, down 33% from $36.918 billion
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Net immigration to the UK exceeded 900,000 for the year to June 2023, the highest annual total on record and much more than previously thought, according to official figures issued on Thursday. The revised Office
Just_super | E+ | Getty Images Can artificial intelligence be so transformative as to solve one of the U.S. economy’s biggest problems: its skyrocketing fiscal deficit? According to three economists at the Brookings Institution, the answer is yes — AI could prove a positive “critical shock” for the country’s fiscal health. A working paper released
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