Traders work on the floor of the New York Stock Exchange (NYSE) during morning trading in New York on August 23, 2024. Angela Weiss | AFP | Getty Images Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive
The National Football League has approved sweeping changes to its ownership policies that will allow the private equity industry to invest in teams, opening the most lucrative sports league in the US to the buyout industry for the first time. NFL owners on Tuesday gave the green light to the changes, which would allow team
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A class-action lawsuit filed Monday by Austin, Texas, property taxpayers against the city seeks the elimination of $187 million in property tax revenue allocated in the 2024 tax year for a light-rail project. The litigation is the latest salvo in a legal battle over the ability of the Austin Transit Partnership, a nonprofit corporation created
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A San Diego County joint powers authority plans to issue $433.3 million in tax-exempt interim notes to provide construction financing for an advanced water purification project. The East County AWP Joint Powers Authority plans to price the notes on Sept. 4 in two parts: $369.6 million and $63.6 million. Truist Securities is senior manager and
Municipals were narrowly mixed Tuesday as U.S. Treasury yields rose out long and equities were mildly higher near the close. The two-year muni-to-Treasury ratio Tuesday was at 63%, the three-year at 66%, the five-year at 66%, the 10-year at 70% and the 30-year at 87%, according to Refinitiv Municipal Market Data’s 3 p.m. EST read.
The major players in deal that would transfer ownership of the dilapidated RFK stadium site from the hands of the federal government to the District of Columbia is stuck two yards in front of the goal line. “Everyone’s focused on the election,” said Josh Harris who’s the managing partner of the National Football League’s Washington
Mount Saint Mary College, a small liberal arts school in New York state, saw its bond rating downgraded to BBB from BBB-plus by Fitch Ratings, after persistent declines in student enrollment pressured the school’s finances. The college on the bank of the Hudson River about 70 miles from New York City enrolled just 1,383 full
Bondholders of a chunk of unrated debt floated for the troubled American Dream megamall in New Jersey will see a partial payday next week when the borrower makes up some of the overdue interest payments. The $287 million of grant revenue bonds, which are backed by New Jersey economic development grants based on the mall’s
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It is nearly three months since President Emmanuel Macron dissolved parliament in a misguided attempt to bring political “clarity” to France. The shock snap elections in which his centrist alliance was roundly beaten have brought
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A recent CreditNews Research study ranked the slowest-selling metro areas in the U.S. The Good Brigade | Digitalvision | Getty Images Even as mortgage interest rates were rising, home prices reached the highest level ever on the S&P CoreLogic Case-Shiller U.S. National Home Price Index. On a three-month running average ended in June, prices nationally
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This is an on-site version of the US Election Countdown newsletter. You can read the previous edition here. Sign up for free here to get it on Tuesdays and Thursdays. Email us at electioncountdown@ft.com Good morning and welcome to US Election Countdown. Today let’s get into: Kamala Harris is trying to recast her party as the US’s patriotic
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