admin

U.S. Vice President Kamala Harris delivers remarks during a campaign event at West Allis Central High School in West Allis, Wisconsin, on July 23, 2024. Kevin Mohatt | Reuters “Building up the middle class will be a defining goal of my presidency,” Vice President Kamala Harris said at a political event in West Allis, Wisconsin, on Tuesday
0 Comments
California Gov. Gavin Newsom issued an executive order instructing state agencies to adopt policies to clear homeless camps on state properties and asked local governments to use the “substantial funding” provided by the state to take similar action. The executive order issued Thursday comes a month after the U.S. Supreme Court’s sweeping Grants Pass decision
0 Comments
Karl Knight was appointed chief executive officer of the U.S. Virgin Islands Water and Power Authority Thursday, effective July 29. The last permanent CEO, Andrew Smith, resigned on June 1 after two and a half years in the position. Since then, Ashley Bryan, who had been the head of electrical operations, has served as interim
0 Comments
Private equity giant KKR is buying Philadelphia-based broker-dealer Janney Montgomery Scott LLC. Janney, which dates to 1832, operates as a full-service wealth management, investment banking, and asset management firm. KKR announced Tuesday that it will acquire the firm from The Penn Mutual Life Insurance Company, its owner since 1982. After the deal closes, Janney, which
0 Comments
Standard Digital Weekend Print + Standard Digital wasnow $39 per month Essential digital access to quality FT journalism on any device. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics
0 Comments
Municipals were mixed Thursday, while U.S. Treasuries were firmer five years and out and equities ended mixed after data showed the economy grew at a hotter-than-expected pace in the second quarter. “News that U.S. economic growth accelerated faster than expected in the second quarter has sent market participants on a roller-coaster ride,” said José Torres,
0 Comments
Municipals were a basis point or two weaker out long Wednesday as U.S. Treasuries were mixed and equities sold off. The muni market is “well positioned” to start the third quarter, said Daniel J. Close, head of municipals at Nuveen. Supply “increased meaningfully” in the second as issuers came to market with long-delayed deals “due
0 Comments
First Eagle Investments hired Purva Patel as managing director and senior investment specialist on its high-yield municipal credit team. Patel started July 18 and is based in Chicago.  Patel joins First Eagle from Nuveen Investments, where she was senior vice president for over two decades and managing director since 2019.  Patel’s hire boosts First Eagle’s
0 Comments