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Home Depot navigated a challenging 2024 marked by elevated interest rates and a cautious consumer. But as the year progressed, signs of recovery emerged, setting the stage for a rebound in 2025, fueled by increased housing turnover and pent-up demand in the home improvement market. Year-to-date performance: up 12% Forward price-to-earnings multiple: 25 versus a
“President Trump and I had a great meeting to discuss our shared priorities for the President’s second term,” said Bowser. ”President Trump and I both want Washington DC to be the best, most beautiful city in the world and we want the capital city to reflect the strength of our nation.”     DC.Gov President-elect Donald Trump and Washington,
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Russia’s military prepared detailed target lists for a potential war with Japan and South Korea that included nuclear power stations and other civilian infrastructure, according to secret files from 2013-2014 seen by the Financial Times. The strike plans, summarised in a leaked set of Russian military documents, cover 160 sites such as roads, bridges and
Enjoy complimentary access to top ideas and insights — selected by our editors. President-elect Donald Trump’s return to the White House has placed public finance leaders on the defensive, as tax policy changes may impact the industry’s investor base, increase borrowing costs and stymie certain infrastructure finance opportunities. Looking to the past offers some insight
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Poland aims to complete a border wall and seal off its border with Belarus by next summer, in order to stop an influx of migrants Warsaw describes as Russia’s hybrid war. The additional infrastructure works
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Vladimir Putin has apologised to Azerbaijan for what he described as a “tragic incident” involving an Azerbaijani aircraft in Russian airspace on Christmas Day. Moscow phoned Azerbaijani president Ilham Aliyev and the Russian president expressed
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US tech stocks slid lower on Friday as investors pivoted away from companies that had led markets higher for much of this year. The S&P 500, Wall Street’s main equity benchmark, dropped 1.6 per cent
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a former global head of equity capital markets at Bank of America and is now a managing director at Seda Experts Bitcoin’s spectacular surge this year has reignited a dilemma on Wall
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Russian anti-aircraft fire may have caused a plane to crash in Kazakhstan on Christmas Day, according to defence experts and officials in the region. The Azerbaijan Airlines flight was en route from Azerbaijan’s capital Baku
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India has eclipsed China as Asia’s top market for company listings this year, as buoyant stock prices spark a boom in initial public offerings. Propelled by companies including Swiggy and Hyundai Motor, India will be
A housing development in the Denver suburbs. Infrastructure for most new residential development in Colorado is financed through metropolitan district bonds.Bloomberg News A flurry of first time and repeated technical bond defaults by Colorado metropolitan districts in December is raising concerns about the debt, which finances public infrastructure such as roads, sewers, parks, and recreation