This is an audio transcript of the Payne’s Politics podcast episode: ‘What Keir Starmer did at Davos’ [MUSIC PLAYING] George ParkerThe global elite met in the Swiss Alps for the World Economic Forum this week, and there to deliver the message at Davos that Britain is open for business wasn’t the UK Prime Minister Rishi
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The Puerto Rico Electric Power Authority approved a contract Thursday with a consortium to run its electric generating facilities, despite observers raising some concerns about one member of the group. The consortium, Genera PR, would include New Fortress Energy, the El Nuevo Día and El Vocero web sites reported. New Fortress is a liquified natural
A suburban Chicago hotel and conference center working to get back on track from COVID-19-induced operating struggles made a partial payment on overdue interest owed to some holders of $142 million of restructured bonds. Breathing room still remains through this year for the Westin hotel and conference center complex in Lombard from a bondholder-provided loan
Municipals were weaker in spots Friday, outperforming a U.S. Treasury selloff, while equities ended up. The three-year muni-UST ratio was at 55%, the five-year at 58%, the 10-year at 64% and the 30-year at 87%, according to Refinitiv MMD’s 3 p.m. ET read. ICE Data Services had the three at 55%, the five at 59%,
In this article GOOGL SIVB PD RL Follow your favorite stocksCREATE FREE ACCOUNT Tech stocks on display at the Nasdaq. Peter Kramer | CNBC Check out the companies making headlines in midday trading. Netflix — Shares of the streaming giant jumped more than 8% after Netflix added 7.66 million net subscribers in the fourth quarter,
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Following FTX’s demise, the DeFi space is up for a complete remodel as crypto users demand better security and compliance practices. SushiSwap’s roadmap for the coming year includes the
The lessons to counter “overconfidence” in leaders listed by Ravi Gurumurthy (“A new year’s resolution for leaders: learn to love uncertainty”, Opinion, December 31) are all practical and indeed do-able. I see only one snag, and that rests on the missing word — “parliament”. The lessons appear to require reaching outside the tribe — which
Federal Reserve Governor Christopher Waller said roughly $2 trillion of reserves could be taken out of the banking system without disrupting banks. Waller discussed monetary policy and his views on the economy during an hourlong event Friday afternoon hosted by the Council on Foreign Relations. During the event, he said the Fed could reduce its
Bondholders controlling more than two-thirds of the $180 million outstanding Puerto Rico Industrial Development Co. bonds filed suit against the Puerto Rico Oversight Board and the Fiscal Agency and Financial Advisory Authority seeking full payment. Affiliates of GoldenTree Asset Management LP complained that PRIDCO’s bonds have not paid since the passage of the Puerto Rico
The state of California is expected to see more than twice the demand for its private activity bonds than what is available under the $4.7 billion cap allowed by the IRS for 2023, according to the California Debt Limit Allocation Committee. On Wednesday, the committee, chaired by Treasurer Fiona Ma, approved the $4.7 billion PAB
Generally speaking, the higher your credit score, the better off you are when it comes to getting a loan. FICO scores, the most popular scoring model, range from 300 to 850. A “good” score generally is above 670, a “very good” score is over 740 and anything above 800 is considered “exceptional.” Once you reach that 800
Homes in Rocklin, California, US, on Tuesday, Dec. 6, 2022. A record number of homes are being delisted as sellers face a sharp drop in demand, according to real estate brokerage Redfin. David Paul Morris | Bloomberg | Getty Images Sales of previously owned homes dropped 1.5% in December from the previous month, according to
Bitcoin (BTC) rose toward new multi-month highs on Jan. 20 as analysis predicted a new trading range above $18,000. Bitcoin price range “well defined” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD testing but preserving support at $21,000. The pair edged higher at the Wall Street open, in line with United States equities as
We’ve had Tokyo Vice, now it’s time for some Kyoto wholesomeness. The Makanai: Cooking for the Maiko House is a charming new Japanese-language series created for Netflix by Palme d’Or-winning director Hirokazu Kore-eda (Shoplifters). Based on a popular manga, The Makanai captures the quiet, quaint and codified existence of the trainee geisha (or maiko) living
Billionaire Larry Ellison’s $173 million Palm Beach estate topped the list last year, along with a $100 million Malibu dream house bought by media mogul Byron Allen and a $75 million Beverly Hills mega-mansion owned by rap superstar Drake. The luxury real market in America saw many record-breaking sales in 2022, including several north of
“Cocaine is on the table,” Damiano David sings in his slurred, nasal voice on Måneskin’s new album. The line, pun unintended, cheekily alludes to the controversy when he and his Italian bandmates won Eurovision in 2021. During a cutaway shot in the televised ceremony, millions of viewers misinterpreted the singer’s innocent attempt to locate broken
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David Rossi was sitting at home in Rhode Island one night in early 2022, his prime having all but passed him by. His days as an Engelbert Humperdinck impersonator, of Florida cruise ships, of $2,000-a-week cash payouts, of hanging out with Tom Jones and meeting Elvis, all the girls, the glamour — he’d left it
UBS is planning to pick off disgruntled dealmakers from investment banking boutiques, as the Swiss lender looks to bolster its capabilities in mergers and acquisitions while competitors lay off staff. The bank has not hired as aggressively as Wall Street rivals in recent years, but it is preparing to lure strong candidates with attractive packages,