Category: News
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Inflation and interest rates tracker: see how your country compares
Inflation has started to show signs of easing from the multi-decade highs reached in many countries following Russia’s full-scale invasion of Ukraine. The latest figures for most of the world’s largest economies still make for worrying reading, with price pressures remaining high as the war in Ukraine continues to keep energy and food prices elevated.…
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Nine killed and thousands injured as Hizbollah pagers explode in Lebanon
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Pagers belonging to Hizbollah members exploded across Lebanon on Tuesday, the militant group said, killing at least eight people and injuring more than 2,700 in an apparent sabotage of the low-tech systems it uses to…
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FBI probes Trump shooting incident as apparent assassination attempt
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Former president Donald Trump is safe after what the FBI is investigating as an apparent assassination attempt against him in Florida. The agency said in a statement on Sunday that it “has…
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Investors pile into Coca-Cola and Colgate as recession fears grow
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Investors are snapping up shares in US consumer staples stocks such as Coca-Cola and Colgate-Palmolive as they hunt for more defensive areas of the market amid concerns over a potential slowdown in the US economy.…
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US stocks notch best week this year as traders eye ‘jumbo’ rate cut
Regulators have identified lapses in Wells Fargo’s anti-money laundering and financial crimes risk management practices, the latest compliance issue for the US bank. The Office of the Comptroller of the Currency, one of the main US banking regulators, said on Thursday that Wells, the country’s fourth-largest lender by assets, had agreed to take remedial steps.…
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High pressure, long days, crushing workloads: why is investment banking like this?
Over two decades ago, the investment bank where I worked introduced a new rule: pitch books couldn’t exceed 20 pages. Dubbed “Thin to Win,” the goal was to lighten the load for junior bankers and sharpen our client presentations. Our COO explained that studies showed audiences tuned out after 10 pages, remembering only three main…
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UK public debt heading for ‘unsustainable’ path, OBR warns
The Nasdaq Composite notched its best one-day rise in a month after heavyweight tech stocks climbed, recovering from a morning sell-off. The tech-heavy index rose 2.2 per cent on Wednesday, with gains accelerating in the late afternoon. Nvidia jumped 8 per cent, leading an advance for the rest of its Magnificent Seven peers. The Nasdaq…
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US and UK discuss easing restrictions on Ukraine’s use of western weapons
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House US secretary of state Antony Blinken and UK foreign secretary David Lammy held talks in Kyiv with Ukrainian officials on Wednesday about possibly lifting restrictions on Ukraine using western-made weapons to conduct…
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Overcoming the ‘middle income’ trap
Stay informed with free updates Simply sign up to the Global Economy myFT Digest — delivered directly to your inbox. “Middle-income countries are home to three out of every four people — and nearly two-thirds of those who struggle in extreme poverty. They are responsible for 40 per cent of the world’s total economic output…
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PwC to parachute in UK partner to run scandal-hit China business
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. PwC is set to parachute in a senior partner from the UK to run its business in China, as the fallout from its audit of collapsed property developer Evergrande continues to mount. The accounting firm’s…
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US accuses Google of dominating ad tech market as antitrust trial begins
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US Department of Justice accused Google of running a massive ad tech monopoly that cut off potential rivals and drove up costs for publishers and advertisers in an attempt to maximise profits, as the…
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Is red tape strangling Europe’s growth?
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European banks set for slowest mortgage lending growth in decade
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Bill Burns and Richard Moore: Intelligence partnership helps the US and UK stay ahead in an uncertain world
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House Bill Burns is director of the US Central Intelligence Agency, Richard Moore is chief of the UK Secret Intelligence Service Two years ago, we celebrated 75 years of partnership; 75 years since…
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Ukraine’s Kursk offensive has triggered doubts among Russian elite, spy chiefs say
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Rachel Reeves faces Whitehall revolt over spending cuts
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Top Fed officials leave door open for large rate cuts if data worsens
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Nvidia’s AI chips are cheaper to rent in China than US
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Barnier promises respect for ‘all political forces’ as French PM
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Putin’s flagship Arctic gas project struggles to lure customers
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