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
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,
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”
Miniseries | E+ | Getty Images Housing is not cheap — whether you’re buying or renting. In October, the median sales price for a single-family home in the U.S. was $437,300, up from $426,800 a month prior, according to the latest data by the U.S. Census. Meanwhile, the median rent price in the U.S. was
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump marks his return to the world stage at the reopening of Notre-Dame cathedral in Paris on Saturday as Europe braces for the incoming administration to take a harder, more transactional approach
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Romania’s constitutional court has annulled last month’s first round of presidential elections after evidence that the leading candidate benefited from Russian intervention. The unprecedented decision to strike down the vote, which was won by far-right candidate
Massive fires burning in northern California and Oregon in September blanketed San Francisco with smoke.Bloomberg News Wildfire resilience projects became the first beneficiary of California’s Climate Catalyst Revolving Fund — created as part of a larger package of ESG-related efforts by Gov. Gavin Newsom in 2019. The state’s Infrastructure and Economic Bank, charged with running
A fortnight-long rally for Wall Street took a breather, as investors turned their attention to Friday’s government jobs report and its potential implications for the Federal Reserve’s policy meeting later this month. The S&P 500 and Nasdaq Composite on Thursday finished about 0.2 per cent below their record closing highs notched up in the previous
The University of Central Florida’s downtown Orlando campus is served by the student housing project that is being acquired by nonprofit Provident Resources Group.UCF/Nick Leyva In the context of a struggling higher education sector but high demand for high-yield paper, Florida’s Capital Projects Housing Authority is pricing $144 million in speculative-grade and unrated housing revenue
Feeling shut out of this hot market? Maybe some FOMO — fear of missing out. You’re not alone. The S & P 500 keeps plowing through record highs in the first week of December after November posted the best monthly gains of the year. All that buying, however, has pushed the market into overbought territory,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Detectives in New York are investigating inscriptions of “deny”, “defend” and “depose” on bullet casings left at the scene of the murder of the UnitedHealth Group executive Brian Thompson, according to a person familiar with
Michigan state and local elected leaders gathered in Lansing to urge Gov. Gretchen Whitmer and the state Senate to make the local government revenue sharing trust fund a priority. Bloomberg News Legislation to create a revenue sharing trust fund for local governments in Michigan has stalled in the state Senate, and on Tuesday, a group
French President Emmanuel Macron called snap elections in July to get what he said would be a “clarification” from voters over the leadership and direction they wanted for the country. The voters provided clarity with a stinging loss for his party and a hung parliament that has rebelled after only three months, toppling the president’s
<img src=”https://public.flourish.studio/visualisation/20627705/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady Wednesday as the market saw another heavy slate of new issuance and inflows continued into muni mutual funds. U.S. Treasuries made gains and equities broke more records. Federal Reserve Board Chair Jerome Powell in a televised interview Wednesday said “little to alter the market’s view that
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
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Mexico said it had made the country’s largest seizure of fentanyl as it seeks to ward off US president-elect Donald Trump’s threat of tariffs on its exports. A navy-led operation seized more than
Enjoy complimentary access to top ideas and insights — selected by our editors. The top 10 financial advisors for housing deals accounted for $12.595 billion in the first half of 2024. Caine Mitter & Associated ranked No. 1 with $5.1 billion, followed by CSG Advisors with $3.3 billion and CFX Inc. with $1.9 billion. Source:
“Maintaining fiscal responsibility is a critical requirement of public entities,” said David Medanich, co-head of Public Finance at Hilltop Securities. ”Public funds require the highest level of safety, and accountability. The primary goal is to earn a competitive rate of return while maintaining preservation of principal. Cryptocurrencies do not meet this definition.” Tony Valdez The incoming Trump
Stay informed with free updates Simply sign up to the Geopolitics myFT Digest — delivered directly to your inbox. China warned South Korea against politicising economic issues as the two countries agreed to restart trade talks ahead of their first three-way summit with Japan in almost five years. Chinese Premier Li Qiang, Xi Jinping’s top-ranking
FINRA’s 529 initiative was launched in 2019. A San Diego-based broker dealer has agreed to pay a fine and restitution to settle claims it failed to properly supervise its brokers selling shares of 529 plans for customers looking to roll over the investments from one state plan to another. Independent Financial Group, LLC settled the
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