Experts suggest thinking about how you’ll use your home in future when considering a building project. 10’000 Hours | Digitalvision | Getty Images Extending your home or remodeling your kitchen and bathroom may be an exciting prospect but it’s worth carefully planning the design and build to manage the risks involved, according to specialists who
Municipals were steady to close Friday ahead of a week without new deals on the calendar. U.S. Treasuries were weaker out long and equities ended the session up. The two-year muni-to-Treasury ratio Friday was at 58%, the three-year at 59%, the five-year at 59%, the 10-year at 58% and the 30-year at 85%, according to
Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. The measure of inflation preferred by US rate setters fell by more than expected in November, bolstering investor expectations of rate cuts next year. The core personal consumption expenditures price index showed prices rose by
Florida’s unemployment rate inched up to 2.9% in November from 2.8% in October, Florida Commerce reported on Friday. Florida’s jobless rate was 0.8 percentage point lower than the 3.7% national rate in November, the 37th straight month the state’s unemployment rate remained below that of the nation as a whole. The state’s overall workforce continued
AURORA, CO – AUGUST 23: The crane taking four 15-foot-wide by 60-foot-long modular home segments and stacking them on one on top of the other to make a new duplex. August 23 2018. Adam Berger, a developer with his own modular home designs, has sold his first duplex in North Aurora. Now he is using
News of the $68 billion budget deficit projected for California in fiscal years 2022-23 and 2023-24 raised alarm bells. But several state budget watchers say longer-term trends are less worrying. Though S&P Global Ratings revised the state’s outlook to stable from positive Friday, the rating agency has said the state remains solidly in the double-A
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK economy shrank slightly in the third quarter, according to revised figures that highlight the country’s struggle to shake off its low-growth performance. The Office for National Statistics said on Friday that gross domestic
Municipals were little changed Thursday as inflows to municipal bond mutual funds returned. U.S. Treasuries were weaker five years and out, and equities ended up. The two-year muni-to-Treasury ratio Thursday was at 58%, the three-year at 59%, the five-year at 59%, the 10-year at 59% and the 30-year at 86%, according to Refinitiv Municipal Market
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Several Tesla electric vehicles are parked in front of a Tesla service center in the Kearny Mesa region, in San Diego, California, U.S., October 31, 2023. Abhirup Roy | Reuters Marko Sustic has bet big on Tesla this year. The investor, who also happens to
House for sale with “For Sale” real estate sign in yard in spring or summer season. No people. Fstop123 | E+ | Getty Images Mortgage demand fell last week compared to the previous week, despite a continued drop in rates, according to the Mortgage Bankers Association‘s seasonally adjusted index. The average contract interest rate for
Municipals were firmer Wednesday amid another stronger session for U.S. Treasuries while equities sold off on concerns of an overbought market. Triple-A yields fell two to four basis points while UST yields were lower by up to seven on the short end near the close. The two-year muni-to-Treasury ratio Wednesday was at 58%, the three-year
A global rally in government debt has already driven yields past many Wall Street targets for the end of 2024, highlighting how recent market moves have taken analysts by surprise. When banks began sending out their annual forecasts to clients a month ago, they were broadly united in the view that government bonds would rally
The U.S. Virgin Islands Water and Power Authority said it may stop making payments to debt service funds soon. In a posting to the MSRB’s EMMA website, WAPA said it is running low on cash and may be forced to take this or other cash-conserving steps soon. “If liquidity strains persist, this could result in
A shopper carries several bags in the Magnificent Mile shopping district of Chicago on Dec. 2, 2023. Taylor Glascock | Bloomberg | Getty Images The U.S. economy has remained remarkably strong but affordability is worse than it has ever been, some social media users say, even when compared to The Great Depression. One of TikTok’s
If bondholders are not allowed a lien on Puerto Rico Electric Power Authority revenues, it could “threaten the continued viability of the primary revenue stream for vast swaths of municipal public works projects,” 14 attorneys general and the Securities Industry and Financial Markets Association said in friend of the court filings with the First Circuit
Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation slowed much more sharply than expected in November to 3.9 per cent, down from 4.6 per cent in October, according to official data that will add to pressure on the Bank of England
Municipals were steady to slightly firmer in spots while Connecticut priced for institutions with yields lowered from Monday’s retail offering. U.S. Treasury yields fell and equities made more gains. The two-year muni-to-Treasury ratio Tuesday was at 58%, the three-year at 58%, the five-year at 59%, the 10-year at 59% and the 30-year at 87%, according
Yuichiro Chino | Moment | Getty Images Like it or not, generative artificial intelligence has arrived on Wall Street — and experts expect it to transform the way firms do business. To be clear, artificial intelligence, like natural language processing and machine learning, has been used by wealth management and asset management firms for years.
Demonstrators gather during a protest against the expiration of the eviction moratorium outside of the U.S. Capitol in Washington, D.C., U.S., on Sunday, Aug. 1, 2021. Stefanie Reynolds | Bloomberg | Getty Images Renters burdened by unaffordable housing costs may be at a higher risk of dying sooner, according to a new study published in
Municipals were little changed Monday as U.S. Treasuries were weaker and equities ended up. Volume this week is relatively light with the new-issue calendar estimated at $1.6 billion. There are only two deals over $100 million. The Bond Buyer 30-day visible supply sits at $4.03 billion. In the primary market Monday, Jefferies held a one-day