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...Separate data published by Germany’s federal statistical office showed the drop in the number of building permits for apartments also gathered pace in November, falling 10 per cent from the previous month...
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...Since January 2022, US manufacturing construction spending has grown at a 52 per cent compound rate....
...core CPI is running north of 4 per cent, and the longer term averages aren’t far behind: It’s not quite as bad as the chart above suggests, because personal consumption expenditure inflation, which the Federal...
...On Monday, the US Federal Trade Commission sued to block Tapestry’s $8.5bn acquisition of rival Capri Holdings. The pair are best known for their handbag brands....
And a reply to Dara Khosrowshahi
...So a small decrease in reserve quantities could send banks scrambling for cash, and push the federal funds rate up....
...It provides an entry point into a US construction sector that stands to benefit from federal and state infrastructure investment programmes, such as the $1.2tn Infrastructure Investment and Jobs Act....
...The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants LVMH and Kering....
...February’s figure was bolstered by growth of 7.9 per cent in the construction sector, reflecting unseasonably dry weather....
...PBMs face increasing pressure from the Federal Trade Commission, the US antitrust regulator, and bipartisan legislation in the works aimed at encouraging the uptake of biosimilars....
...The emergency directive from the US Federal Aviation Administration affects about 171 jets worldwide....
...Last year a federal judge blocked Montana from banning the app on devices in the state before it could go into effect, with the judge saying the ban probably violated the first amendment right to free speech...
...The company, a key Boeing supplier, installs the plugged door as part of the construction of the 737 Max fuselage....
...However, the bill was blocked by a federal judge in November before it was due to take effect on January 1. Montana is appealing against the decision....
...Eight years later, after his federal trial concluded, he stands convicted of a civil insider trading charge. Panuwat’s company, Medivation, was bought in 2016 by Pfizer for $14bn....
...His signature legislation, the Inflation Reduction Act, created a federal tax credit for domestic clean energy manufacturing. Such subsidies are then useful to the likes of First Solar....
And two more stocks of interest
...A US federal government that is borrowing and spending heavily in infrastructure, renewable energy and the reshoring supply chains helps....
...Measures of housing sector demand — from housing starts and construction employment to residential investment and mortgage applications — have looked weak for nearly two years....
...Employment growth was particularly strong in the healthcare, leisure and hospitality, and construction sectors, as well as in government jobs....
...area and housing completion falling 20.7 per cent by construction area....
...Since the US Supreme Court in 2018 struck down a federal law banning sports wagering, the US market has been seen as a new source of rapid growth, particularly for international betting companies that faced...
...The Boise plant, which is under construction, should start chip production in 2026, while the two New York factories will come online in 2028 and 2029, respectively, senior US administration officials said...
...The federal structures are far too complex for that.”...
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