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European capitals have responded with shock and alarm at both the EU and Kyiv being cut out of the talks to end the war in Ukraine. US President Donald Trump’s unexpected decision to begin immediate bilateral peace talks with Russia’s Vladimir Putin has stoked the continent’s deepest fears over the terms of any deal —
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President Donald Trump said Washington and Moscow will begin negotiations “immediately” on ending the war in Ukraine after speaking with his Russian counterpart Vladimir Putin. Wednesday’s call indicated a dramatic turnaround in the US-Russia relationship amid signs Washington would dial back its support for Ukraine after almost three years of war. Trump wrote on his
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<img src=”https://public.flourish.studio/visualisation/21601827/thumbnail” width=”100%” alt=”chart visualization” /> Municipals sold off Wednesday, moving higher in sympathy with U.S. Treasuries after hotter-than-expected inflation data showed the Fed may not be able to cut rates this year. Equities ended mixed. Muni yields were cut six to 12 basis points Wednesday, depending on the curve, while UST yields rose eight
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Holding bitcoin is cool again. President Donald Trump has vowed to make America the “crypto capital of the planet”, words that have helped supercharge the token’s price to eye-watering six-figure highs. Wall Street banks and money managers are preparing to jump in. Investors hope Trump will turn the often-derided token into a mainstream financial asset
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Israel’s Prime Minister Benjamin Netanyahu ordered his military to mass around the Gaza Strip and threatened to resume “intensive fighting” against Hamas if the Palestinian militant group failed to release Israeli hostages by midday on Saturday. Netanyahu’s ultimatum on Tuesday came after Hamas’s announcement that it was delaying “until further notice” the planned release of
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Ken Griffin, founder and CEO of Citadel, speaks during The New York Times’ annual DealBook Summit in New York City, Dec. 4, 2024. Michael M. Santiago | Getty Images Citadel CEO Ken Griffin sent a stern warning against the negative impact from President Donald Trump‘s combative approach to U.S. trade policy. “From my vantage point, the
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“Homeowners, not insurance companies, should receive the interest earned on their insurance payouts,” said California Assemblymember John Harabedian, D-Pasadena. California Assemblymember John Harabedian’s office In the wake of Los Angeles’ devastating wildfires, California Gov. Gavin Newsom’s office announced he is sponsoring legislation that would ensure that homeowners, not lenders, benefit from interest earned on insurance
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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. “Trump trade” bets on a stronger dollar and higher bond yields have backfired so far this year, as investors take a more bearish view on the economic fallout from the new US administration’s global trade
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<img src=”https://public.flourish.studio/visualisation/21560546/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were steady Monday as U.S. Treasuries were narrowly mixed and equities ended up. Munis continued their January rally heading into the first week of the month as the asset class saw gains of 0.43%, bringing year-to-date gains to 0.94%, said Jason Wong, vice president of municipals at AmeriVet
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U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S., Feb. 7, 2025.  Kent Nishimura | Reuters President Donald Trump ordered a halt to the production of new pennies, which he said will help reduce “wasteful” government spending. “For far too long the United States
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Huntington hired Dan Kelly as head of municipal underwriting. He joins the bank as it is in growth mode and chasing larger deals.Huntington Huntington hired Dan Kelly as head of municipal underwriting. The addition of the municipal finance industry veteran will bolster the Columbus, Ohio-based bank’s strategy of pursuing major clients and larger transactions, according
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