The crisis that has engulfed Republican House leadership this week, whatever the outcome, could complicate the public finance agenda in the 118th Congress. For issuers, an emergent ultra-conservative influence in the House could raise the risk of a government shutdown and bring fresh scrutiny to key topics like the so-called PAYGO waiver for tax subsidies,
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EY is setting aside $2.5bn to fund an acquisition spree for its consulting arm following its planned separation from the Big Four firm’s audit business, as it presses ahead with preparations for the historic split. The war chest will allow the new company, which EY is aiming to float in New York, to double the
94 shares Pin Share 94 Tweet Email SHTFPreparedness may collect a share of sales or other compensation from the links on this page. A 22-year-old newlywed woman married only three months ago was murdered during her cashier shift at an Ohio Dollar Tree on New Years Day, allegedly by a machete-wielding suspect. What are the
close video FOX Business Flash top headlines for January 6 Check out what’s clicking on FoxBusiness.com Elon Musk is asking for a trial in a shareholder lawsuit to be moved out of San Francisco, saying the jury pool may be biased. Musk's lawyers made a filing on Friday making the request less than two weeks
NYC hospitals brace for nurses strike as negotiations drag on The number of hospitals that have failed to reach an agreement with the union representing a group of nurses in New York City is down to three, but thousands of nurses could still walk off the job Monday morning if a deal is not reached.
close video Woman in Miami airport throws computer at American Airlines worker A woman in Miami International Airport was arrested and accused of assaulting an American Airlines employee Tuesday. (Credit: @onlyindade/Twitter) Indian police on Saturday arrested a former top banking executive over allegations that he urinated on a passenger during an incident aboard an Air
Pin Share Tweet Email SHTFPreparedness may collect a share of sales or other compensation from the links on this page. The family of a 36-year-old father of threetold KDFW-TVhe was fatally shot after confronting Dallas neighbors who were firing guns on New Years Eve. What are the details? Donald Reeves told the station the last
An ancient, dried-up lake bed on Mars may be teeming with opal gemstones, new data from NASA’s Mars Curiosity rover suggests. Beyond giving the cracked surface of Mars’ Gale Crater a semiprecious glint, these opals could be evidence that water and rock have been interacting beneath the Martian surface much more recently than was previously
Count New Jerseys two U.S. senators among the critics of President Joe Bidens new immigration policy. They joined fellow Democratic senators Alex Padilla of California and Ben Ray Lujn of New Mexico in opposing Bidens decision to use a public health immigration policy known as Title 42, invoked by then-President Donald Trump during the coronavirus
The GOP has stumbled at the starting line of the new Congress, squandering a moment of rare opportunity. Having won a House majority, albeit a slim one, most Republican members were eager to turn up the heat on President Biden and advance the agenda on which voters elected them. Instead, they have spent almost a
Chicago sent a $242 million supplemental payment to its pension systems, making good on a funding policy adopted as part of the 2023 budget that helped lift its one junk rating back into investment-grade territory. Efforts to better align expenses with recurring revenues, shed one-time maneuvers like scoop-and-toss debt restructuring, and complete a move to
Top Stories This Week Sam Bankman-Fried enters not guilty plea for all counts in federal court Former FTX CEO Sam Bankman-Fried (has pleaded not guilty to all charges related to the collapse of the crypto exchange, including wire fraud and securities fraud. He faces eight criminal counts, which could result in 115 years in prison
Following reports that the crypto payments firm Wyre was shutting down operations, CEO Ioannis Giannaros offered a contradicting story, stating that the firm was merely “scaling back.” Wyre has now announced that it is “modifying” its withdrawal policy, citing the crypto industry downturn and the “macroeconomic climate” as factors that have affected the company. On
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Shoppers line up outside a Costco to buy supplies after the Hawaii Department of Health on Wednesday advised residents they should stock up on a 14-day supply of food, water and other necessities for the potential risks of novel coronavirus in Honolulu, Hawaii, U.S. February 28, 2020. Courtesy of Duane Tanouye via REUTERS Check out
In a key sign that the tide is turning in favor of home buyers, sellers gave concessions to buyers in 41.9% of home sales in the fourth quarter—the highest share of any three-month period in Redfin’s records, according to a new report from the technology-powered real estate brokerage. That’s up from just over 30% in
Manhattan apartment sales fell by 29% in the fourth quarter, sparking fears of a frozen market in which buyers and sellers stay on the sidelines due to economic and rate fears. There were 2,546 sales in the quarter, down from 3,560 last year, according to a report from Douglas Elliman and Miller Samuel. The decline
In her inaugural address, Massachusetts Gov. Maura Healey affirmed her administration’s commitment to overhauling the state’s public transportation infrastructure. “The state of our trains and roads and bridges today is unacceptable,” Healey said Thursday, adding there was an “urgency” for capital development of the state’s neglected transportation infrastructure as she took office. Her plan calls
Companies have rushed to borrow money in the US corporate bond market in the first week of the year, taking advantage of easier financial conditions as investors scale back their expectations for the path of future interest rates. In the first seven days of 2023, companies from Credit Suisse to Ford issued $63.7bn worth of
Municipal yields fell Friday ahead of a heavier new-issue calendar while U.S. Treasuries and equities rallied after the latest jobs report offered signs that may suggest inflation will be cooling. Triple-A benchmark yields fell six to 15 basis points, depending on the scale, pushing the 10-year muni below 2.50% and the 30-year muni below 3.50%.