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Tal Alexander (L) and Oren Alexander (R). Getty Images Federal prosecutors accused top real estate agents Tal and Oren Alexander and their brother, Alon, of drugging and raping “dozens of victims” over more than a decade. The brothers were arrested in Miami Wednesday on sex trafficking charges related to the alleged assaults. They face charges of
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A view of the St. Augustine’s University campus with downtown Raleigh, North Carolina in the background.St. Augustine’s University A controversial, high interest-rate loan is helping one of the oldest historically Black colleges in the country, Saint Augustine’s University, stay afloat – for now. After struggling for years to maintain steady enrollment, the Raleigh, North Carolina-based
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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 European Central Bank has cut interest rates by a quarter point to 3 per cent, as it watered down its hawkish language and warned that growth would be weaker than it had previously forecast.
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<img src=”https://public.flourish.studio/visualisation/20748106/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were a touch weaker in spots Wednesday, as U.S. Treasury yields rose and equities ended mixed after an inflation print aligned with expectations. A consumer price index that pretty much met expectations, but showed inflation remains sticky, should not deter the Federal Open Market Committee by cutting 25
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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. Business leaders have warned chancellor Rachel Reeves at a private meeting that the economic environment is “extremely challenging”, with companies facing major uncertainty due to her tax-raising Budget and the government’s planned package of employment
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The “fist” monument to boxer Joe Louis in Detroit. The city has fought its way back from bankruptcy to investment grade.Adobe Stock Wednesday marks the 10-year anniversary of Detroit’s exit from bankruptcy. Its Chapter 9 declaration in July 2013 was the largest municipal bankruptcy in U.S. history, and Detroit’s comeback saga has been just as
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Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US inflation rose to 2.7 per cent in November, as the Federal Reserve considers how quickly to press ahead with lowering interest rates. The figure was in line with the expectations of economists polled by
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Lighthouse at Montauk Point. Long Island. NewYorkMishella/Getty Images/iStockphoto Moody’s Ratings upgraded Suffolk County, New York, two notches citing the county’s improved fiscal position, sales tax growth and operational oversight.  Moody’s is the third rating agency to upgrade Suffolk this year, after Fitch Ratings and S&P Global Ratings upgraded the Long Island county. The county plans
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After the deadly collapse of a 12-story condominium tower in the Surfside suburb of Miami, Florida, in 2021, state lawmakers implemented new requirements for older condominiums. Buildings at least 30 years old, like the Champlain tower that fell, have to undergo special inspections, make repairs and gather reserve funds for future maintenance. The deadline is
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Oklahoma Treasurer Gentner Drummond, pictured criticized State Treasurer Todd Russ for fumbling the defense of the state’s anti-ESG law.Oklahoma attorney general’s office Oklahoma’s legal fight to reinstate its “anti-ESG” law will continue amid a public squabble between two elected officials who support the law. Oklahoma’s Energy Discrimination Elimination Act of 2022 prohibits state and local
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&amp;lt;img src=”https://public.flourish.studio/visualisation/20705605/thumbnail” width=”100%” alt=”chart visualization” /&amp;gt; Municipal bonds were little changed to a touch weaker in spots as investors shifted their focus to the larger new-issue slate ahead while U.S. Treasuries saw losses along the curve and equities closed the session in the red. Municipal yield curves were mostly little changed to weaker by a
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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 rebel force that toppled Bashar al-Assad sought to consolidate its control of Syria on Monday, amid fears the change of regime in Damascus could fuel regional instability. Hayat Tahrir al-Sham, a one-time al-Qaeda affiliate,
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In this article SKYY IGV XLK CRM MRVL AAPL AMZN Follow your favorite stocksCREATE FREE ACCOUNT Yuichiro Chino | Moment | Getty Images Technology stocks powered to new highs on Wednesday as the tech-heavy Nasdaq Composite rallied 1% and investors poured into key software and megacap players. The Technology Select Sector SPDR Fund (XLK) advanced
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Connecticut Gov. Ned Lamont’s administration has consistently borrowed less than its capacity over the years.Bloomberg News Connecticut is poised to ramp up transportation borrowing in the coming years, according to its most recent fiscal accountability report. “What we want to do is take advantage of the federal resources that are available to make some long-term,
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Kevin Bain, formerly Detroit’s director of strategy, has joined Public Sector Consultants. Kevin Bain, formerly director of strategy for the city of Detroit, has joined Public Sector Consultants as a senior strategist for climate and project finance. The nonpartisan public policy consulting firm’s reputation and history of innovation in the green bank space drew him
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Show video info Syrian President Bashar al-Assad has fled the country after a stunning offensive by rebels who seized the capital city of Damascus and toppled the dynasty that had ruled for 50 years. Amid scenes of jubilation on Sunday, the rebels proclaimed that “the city of Damascus is free from the tyrant Bashar al-Assad”
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A Chevron gas station in Richmond, California, US, on Wednesday, June 19, 2024.  David Paul Morris | Bloomberg | Getty Images Adding dividend-paying stocks to a portfolio helps enhance total return while ensuring income and diversification. Moreover, the appeal of dividend stocks increases as interest rates decline, as is currently the case. Following the recommendations
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“A lot of the strategists and pundits who petitioned Senators and Congressmen on our behalf for the municipal market have their hair on fire, worried that the exemption is going to go away,” said Eric Kazatsky, head of Municipal Strategy for Bloomberg Intelligence. ”It’s not as easy as just saying with the stroke of the pen
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In this article HTA Follow your favorite stocksCREATE FREE ACCOUNT Healthcare Realty Trust building in in Nashville, Tennessee. Source: Google Maps Company: Healthcare Realty Trust (HR) Business: Healthcare Realty Trust is a self-managed and self-administered real estate investment trust that owns and operates medical outpatient buildings primarily located around hospital campuses. The company selectively grows