Category: News

  • Reeves to tell regulators to dial up risk in UK financial services

    Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. Chancellor Rachel Reeves will tell City of London regulators to dial up the risk in the UK financial services sector, claiming that rules drawn up after the 2008 financial crash have “gone too far”…

  • Trump secures control of Congress as Republicans win House majority

    Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Republicans have won a majority in the House of Representatives, giving Donald Trump’s party full control of both chambers of the US Congress and wide latitude to push a radical agenda through the…

  • John Thune elected Senate majority leader in rebuke to Trump allies

    Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world South Dakota senator John Thune will be the next Republican leader in the Senate and the most powerful Republican on Capitol Hill, after garnering the support of a majority of the party’s lawmakers…

  • Trump chooses Musk and Ramaswamy to lead government efficiency effort

    Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump has named Elon Musk and Vivek Ramaswamy to lead a “department of government efficiency”, giving the two private-sector entrepreneurs charge of a promised effort to slash rules, bureaucracy and spending throughout…

  • Wall Street bankers on course for up to 35% bonus bump

    Stay informed with free updates Simply sign up to the Investment Banking myFT Digest — delivered directly to your inbox. Wall Street bonuses are on course to rise by as much as 35 per cent this year, as bankers eye even greater potential payouts under a second Trump presidency. Activity levels for corporate deals, stock…

  • Trump expected to nominate China hawk Rubio for secretary of state

    Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump is closing in on top picks for his foreign policy team, planning to tap Florida congressman Mike Waltz as his national security adviser and to nominate Florida senator Marco Rubio to…

  • Tesla, bitcoin and dollar jump as investors pile into ‘Trump trades’

    Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Bitcoin hit a fresh record, the US dollar rose to a four-month high and Tesla shares jumped, as investors raised bets on the big winners from Donald Trump’s US presidential election victory. The…

  • Consumer anger over high prices piles pressure on politicians

    Lingering consumer anger over high prices is hurting governments in advanced economies even though inflation is subsiding to normal levels, as a once-in-a-generation surge in costs leaves a toxic legacy for incumbent politicians. Discontent over the economy was a key motivator for Republican voters in this week’s US election, exit polling suggested — contributing to…

  • Bitcoin hits record high as Trump edges closer to full control of Congress

    Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Bitcoin has hit $80,000 for the first time as Donald Trump recorded victories in Nevada and Arizona in the US election, marking a clean sweep of the seven swing states for the president-elect…

  • Poorer voters flocked to Trump — and other data points from the election

    Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s win gave Republicans their highest share of the popular vote in two decades — and revealed big shifts in the US electorate, from the Democratic party’s reliance on wealthier, college-educated voters…

  • The Maga court: inside Donald Trump’s new White House

    Nibbling on crabs, sushi and sugar cookies, some of the richest and the soon-to-be most powerful people in the world waited for the election results on Tuesday night at Mar-a-Lago, Donald Trump’s gilded fortress on the sea.   At one of the tables, Trump sat with Elon Musk, the billionaire technology executive, and Dana White, chief…

  • Trump’s trade remedies reflect America’s troubled reality

    Standard Digital Standard & FT Weekend Print wasnow 38 € per 3 months The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app…

  • Trump asks arch protectionist Robert Lighthizer to run US trade policy

    Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Robert Lighthizer, who was US trade representative when Donald Trump launched his trade war with China, has been asked to take the job again as the president-elect starts to build his cabinet team.…

  • US voters make their choice in historically tight election

    Election watchers are likely to have their first glimpse of results once some polls close in Indiana and Kentucky, the states where in-person voting booths shut down first. The pair are Republican strongholds, though, and may not reveal much about how the close races will pan out. The first of the important swing states to…

  • Harris and Trump make last-ditch push for votes

    Kamala Harris and Donald Trump raced across key battleground states in the final hours of campaigning in a last push for votes, as Americans prepared to head to the polls on Tuesday in one of the closest presidential elections in modern history. The US vice-president said America was ready for a “fresh start” and claimed…

  • Trump and Harris both head to Pennsylvania in campaign’s final leg

    Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Kamala Harris and Donald Trump will use their final day on the campaign trail stumping for votes in Pennsylvania, the presidential election’s biggest battleground state where polls continue to show the candidates…

  • Harris takes unexpected poll lead over Trump in Republican-leaning Iowa

    Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Kamala Harris leads among likely voters in Iowa, a state Donald Trump won by more than eight points four years ago, according to a closely watched poll that suggests women voters in…

  • Trump and Harris make final appeals as US election goes down to the wire

    Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Kamala Harris and Donald Trump made their final appeals to undecided voters and sought to rally their supporters in swing states as polls showed the election going down to the wire in…

  • Fed to look past US election uncertainty with quarter-point rate cut

    The Federal Reserve is poised to lower its benchmark policy rate by a quarter-point next week, sticking to its course in the face of a distorted jobs report and uncertainty over economic policy beyond Tuesday’s US presidential election. The Federal Open Market Committee will announce its next decision on interest rates two days after polls…

  • Kemi Badenoch wins Conservative party leadership race

    Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Kemi Badenoch has been elected the new Conservative leader, with a vow to reset the party’s thinking and politics after its catastrophic election defeat this summer. The former business secretary won 57 per cent of…