The start of a trial to determine whether bonds could be issued to finance a multi-billion-dollar light-rail project in Austin was halted Monday after Texas Attorney General Ken Paxton’s office filed an emergency motion with a state appeals court. A Travis County District Court judge planned to commence the trial before ruling on the attorney
Steve Cohen, chairman and CEO of Point72, speaking to CNBC on April 3, 2024. CNBC Billionaire investor Steve Cohen’s Point72 plans to launch a separate, artificial intelligence-focused hedge fund to capitalize on the boom, according to a person close to the firm’s plans. The new long/short equity fund, to be launched later this year or early
Columbus, Ohio, recently embarked on a technological modernization push that employs artificial intelligence in its payroll, revenue and accounting and operations systems. Columbus Auditor Megan Kilgore said her office now uses AI for everything from reconciling differences between sets of data to visualizing city finances for the mayor or City Council members with almost real-time
In this article BRK.A OXY Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska, on May 3, 2024. David A. Grogan Warren Buffett‘s Berkshire Hathaway has scooped up more shares of Occidental Petroleum over each of the past nine trading sessions, driving
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. 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 & set
Hong Kong retained its pole position as the world’s most expensive city for expats in 2024, according to Mercer. Chunyip Wong | E+ | Getty Images Asia’s biggest financial hubs have once again clinched the top spots for being the costliest cities for international workers to live in, according to Mercer. Hong Kong was ranked
In this article XLK Follow your favorite stocksCREATE FREE ACCOUNT The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan May 30, 2017. Tyrone Siu | Reuters Nvidia‘s blistering rally will force a major tech fund to acquire more than $10 billion worth of shares of the chip giant
Municipals were steady to slightly weaker in spots as U.S. Treasury yields rose and equities ended up. Despite some slight weakness Monday, munis continued “their impressive start to June,” with yields falling 10 to 13 basis points last week, Birch Creek strategists said. Munis have rallied roughly 24 to 29 basis points month-to-date, a “complete
In this article ZE594-CN BYDDY BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Berkshire Hathaway, an early investor in BYD thanks to the late Charlie Munger, continued to trim its massive stake in China’s biggest electric vehicle maker.
Lackawanna County, Pennsylvania, faced persistent budget gaps patched with one-time revenues, two ratings downgrades since September, and its upcoming scoop-and-toss bond deal will yield spiking debt service costs in the coming years. But the county believes its upcoming financial plan and hidden economic strengths will turn around its fortunes. “For anyone who still thinks this
Standard Digital Weekend Print + Standard Digital wasnow 38 € per 3 months The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app
Row of shophouses in Singapore’s Katong area. Olivier Chouchana | Gamma-rapho | Getty Images SINGAPORE — The ornate, colorful “shophouses” that line the streets in some old neighborhoods of Singapore are not what immediately comes to mind when people think of the city-state. In a country where land is scarce and public housing can cost
Standard Digital Weekend Print + Standard Digital wasnow 38 € per 3 months The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app
In this article CSCO CHRD KMB Follow your favorite stocksCREATE FREE ACCOUNT The Cisco logo is displayed in front of Cisco headquarters on February 09, 2024 in San Jose, California. Justin Sullivan | Getty Images Dividend-paying stocks can give investors an opportunity to cushion their portfolios from market volatility — and they can also enhance
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. 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 & set
Standard Digital Weekend Print + Standard Digital wasnow 38 € per 3 months The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app
Standard Digital Weekend Print + Standard Digital wasnow 38 € per 3 months The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app
As sea levels rise and storms intensify, coastal real estate is seeing flooding and erosion like never before. From Dana Point, California, to Long Island, New York and Nantucket, Massachusetts, some of the nation’s priciest coastal real estate is in an increasingly precarious position due to climate change. This year’s hurricane season is already underway,
Standard Digital Weekend Print + Standard Digital wasnow 38 € per 3 months The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app
Goodboy Picture Company | E+ | Getty Images More homeowners are listing their homes for sale — but properties are taking longer to sell as potential buyers face high prices and interest rates. New listings from home sellers jumped in May, up 13% from a year ago, according to the latest market report by Zillow.
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