The Federal Emergency Management Agency is asking the Biden Administration for an additional $9 billion to pad its disaster relief fund for the remainder of FY 2024. That was mentioned during the House Appropriations Committee hearing on Tuesday, where FEMA administrator Deanne Criswell appeared to discuss the Biden Administration’s $33.1 billion funding request for FEMA
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Mikhail Foux, Managing Director and Head Municipal Research & Strategy at Barclays, discusses the increasing retail concentration of muni ownership as fewer institutional investors are engaging in the asset class due to various regulatory and tax-policy related issues and what it means for munis during times of volatility. Bond Buyer Executive Editor Lynne Funk hosts.
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Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China’s gross domestic product grew 5.3 per cent in the first quarter against a year earlier, exceeding market expectations as Beijing tries to steer a manufacturing-led revival of the world’s second-largest economy. The strong first-quarter
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Brodie Killian has moved to PFM Financial Advisors from Stifel Nicolas & Co., joining its Ann Arbor office as a director. The move represents the capstone achievement of Killian’s broad career in the municipal bond market, he told The Bond Buyer.  “My past experience gives me a unique perspective as a municipal advisor who has
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The not-for-profit healthcare sector continues to face challenges, including a high number of bond covenant violations, which can provide an early warning of payment defaults, said Lisa Washburn, chief credit officer and managing director for Municipal Market Analytics.   “The hospital sector has definitely seen improvement since the worst of 2022, but I would still
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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. Israel’s war cabinet met on Sunday afternoon to discuss possible responses to a massive overnight Iranian drone and missile attack, with US President Joe Biden urging restraint as the Middle East edged closer to full-blown
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Bond insurance continued its upward trajectory in the first quarter of 2024, leading the two top municipal bond insurers to expand. Municipal bond insurance grew 24.4% in the first quarter of the 2024 year-over-year. The top two municipal bond insurers wrapped $7.132 billion in the first quarter of 2024, up from the $5.735 billion of
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Stay informed with free updates Simply sign up to the Middle Eastern politics & society myFT Digest — delivered directly to your inbox. Iran’s elite Revolutionary Guards have seized an Israeli-owned container ship in the latest escalation of hostilities between the Islamic republic and Israel. The capture of the ship comes as Tehran has been
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In this article AAP Follow your favorite stocksCREATE FREE ACCOUNT An exterior view of the Advance Auto Parts store at the Sunbury Plaza. Sopa Images | Lightrocket | Getty Images Company: Advance Auto Parts (AAP) Business: Advance Auto Parts is an automotive aftermarket parts provider, serving professional installers and do-it-yourself customers. Its stores and branches
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