Fitch Ratings revised to positive from stable the outlook on $32 million of refunding revenue bonds associated with the construction of Atlanta’s city courthouse as revenue streams continue a post-pandemic recovery. The outlook change applies to $32 million of tax-exempt certificates of participation issued by the Georgia Municipal Authority in 2016 to refund a 2002
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Three-fifths of urban populations will be aged under 18 years by 2030. Yet policies to engage with young people in guiding their education, employment, quality of life, and wellbeing remain limited. Renewed efforts are underway using innovative strategies to work with young people in shaping the future of their cities. As cities around the world
Chase Bank, a digital bank owned by the investment bank JPMorgan, will restrict all cryptocurrency-related transactions for its customers in the United Kingdom. Starting from Oct. 16, customers of Chase Bank in the U.K. will no longer be able to make crypto transactions using their debit cards or through outgoing bank transfer, a spokesperson for
Picture yourself strolling along a cobblestone street lined with centuries-old architecture and views of the sea in the distance. Only you’re not on vacation or in a dream—this is your home. (And it didn’t cost you a fortune.) If you’ve ever dreamed of buying an affordable house in a foreign country and moving there to
This is an audio transcript of the FT News Briefing podcast episode: ‘#MeToo’s mark on industry’ Marc FilippinoGood morning from the Financial Times. Today is Tuesday, September 26th, and this is your FT News Briefing. It has been six years since the #MeToo movement began. Powerful men were held accountable after women began telling their
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. High-grade US companies are piling into the convertible bond market — typically the preserve of junk-rated issuers — as they try to minimise rising borrowing costs caused by the Federal Reserve’s aggressive campaign of interest
The announcement that the UK government will be watering down some of its net zero policies is a huge setback for manufacturers, who have put transition to net zero at the forefront of their business priorities (Report, September 21). Manufacturers require stability and confidence in order to invest. Many companies will have spent time and
A “glitch” in MetaMask that caused it to overestimate opBNB gas fees has now been fixed, according to a social media post from BNB Chain. Many users pay the default recommended fee displayed in their wallets, so a misestimation can cause users to overpay. Together with our friends at @MetaMask, we’ve resolved a glitch that
Receive free HS2 updates We’ll send you a myFT Daily Digest email rounding up the latest HS2 news every morning. Rishi Sunak has been warned by the new US owners of Birmingham City football club, in which NFL superstar Tom Brady has a minority stake, that he will damage trust in Britain if he aborts
Municipal bond prices weakened again Monday as the market looked ahead to a $6.3 billion slate of sales led by two big deals from issuers in Texas and Florida. Municipals continued the selloff seen last week, with yields rising Monday by as many as 12 basis points. Treasury yields also rose while stock prices ended
Indicted Sen. Bob Menendez, D-N.J., has been a long-time advocate of key public finance issues and is so far resisting calls to resign his seat in Congress. Menendez, indicted last week on federal bribery charges, has already stepped aside as chairman of the powerful Foreign Relations Committee, but his influence on financial legislation could continue
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Evergrande, the struggling Chinese property developer, has cast serious doubts over the future of its debt restructuring plan, saying an ongoing official investigation will prevent it from issuing new notes. Evergrande defaulted on its debts
Striking members of the Writers Guild of America picket with striking members of SAG-AFTRA, the actors guild, outside Paramount Studios in Los Angeles, Sept. 18, 2023. Mario Tama | Getty Images Check out the companies making headlines before the bell. AstraZeneca — Shares rose 1.4% after Jefferies upgraded the stock to buy from hold. The
MicroStrategy, a business intelligence firm and major Bitcoin (BTC) investor, is sending a bullish signal to the market by announcing the acquisition of another big stash of cryptocurrency. Michael Saylor, co-founder and executive chairman of MicroStrategy, took to X (formerly Twitter) on Sept. 25 to announce a 5,445 BTC purchase by the firm. The coins
The Evergrande Group headquarters building in Shenzhen is pictured on January 11, 2022 in Shenzhen, Guangdong Province of China. Liang Xiashun | Visual China Group | Getty Images Hong Kong-listed shares of embattled Chinese real estate firm Evergrande tumbled as much as 25% on Monday, after the company said that it would delay a debt
Turkey’s lira hovered near record lows on Monday as a series of sharp interest rate rises starting in June failed to relieve pressure on the currency. The lira traded as low as TL27.21 against the US dollar in London trade on Monday, bringing its decline for 2023 to about 30 per cent, according to FactSet
Decentralized oracle network Chainlink has downplayed a recent change in the number of signers required on its multisig wallet — a move that garnered backlash on social media from vocal critics. Crypto researcher Chris Blec was among a number of users on X (formerly known as Twitter) who called out Chainlink for quietly reducing the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Germany’s central bankers are up in arms over a management consultant group’s “modernisation” plan for the Bundesbank, which aims to cut hundreds of jobs and overhaul work practices as the institution attempts to defuse political
Bitcoin (BTC) has been trading in a tight range for the past three days even as the S&P 500 fell for the last four days of the week. This is a positive sign as it shows that cryptocurrency traders are not panicking and rushing to the exit. Bitcoin’s supply seems to be gradually shifting to
In this article AVGO PEG SO CVX BMY Follow your favorite stocksCREATE FREE ACCOUNT Michael Wirth, CEO of Chevron. Adam Jeffery | CNBC Dividend-paying stocks can help enhance portfolio returns, but investors will need to perform their due diligence as they sift through the names. Investors should carefully assess these companies by paying attention to