The US government will shut down at 12.01am ET on Saturday unless Congress passes a stop-gap federal funding bill in time. But the politics are fraught and the consequences could include a halt to many federal programmes and payments to employees. President-elect Donald Trump has already torpedoed one bipartisan deal proposed by Republican House Speaker
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Olaf Scholz was exasperated. At a meeting of EU leaders this week to brainstorm ways to maintain support for Ukraine when Donald Trump returns as US president, the German chancellor became irate that an idea he has regularly shot down was being touted again. At the discussions at the home of Nato secretary-general Mark Rutte
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an FT contributing editor It is harder than it looks. The adage has it that politicians campaign in poetry, but are obliged to govern in prose. For Sir Keir Starmer, the five
Lord Peter Mandelson was confirmed on Friday as Britain’s ambassador to Washington, with a mission to talk to Donald Trump via Fox News and ward off the threat of US tariffs. The appointment ends weeks of indecision by Sir Keir Starmer over whether to send the political heavyweight to engage with the incoming administration. Some
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 team has told European officials that the incoming US president will demand Nato member states increase defence spending to 5 per cent of GDP, but plans to continue supplying military aid
“The whole goal of the bond fund was, ‘how can we further extend economic development,’ said Craig Teamer, director of finance and special projects for the Toledo-Lucas County Port Authority. ”If you’re looking to amplify some additional investment in economic development, a bond fund could be considered, and it’s also could be a revenue stream. There
Palomar Health’s continuing financial woes caused Fitch to push its ratings further into junk territory.Palomar Health The ratings of troubled Palomar Health, an Escondido-based two-hospital system, took another hit this week, falling further down the Fitch Ratings junk scale as its financial situation worsened. In a Wednesday report, Fitch cited a “significant cyber event that
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The S&P 500 was on course for its worst week since early September despite a rebound on Friday after a hawkish Federal Reserve meeting this week helped trigger a “reality check” for high-flying
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. That the obesity market will be massive is a given, with sales projected to rise to $150bn by 2030. But it will be crowded, too. The premium valuations enjoyed by the current duopoly — Denmark’s
In this article NDAQ Follow your favorite stocksCREATE FREE ACCOUNT Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE The S&P 500 and the Nasdaq-100 indexes get new members added and old ones kicked out on Friday in a quarterly rebalancing mostly based on companies’ adjusted market capitalization. Years ago, these
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
In this article BRK.A VRSN SIRI OXY Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett poses with Martin, the Geico gecko, ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan | CNBC Warren Buffett went on bit of a shopping spree in the stock market before
A California hospital during the pandemic in early 2021. Hospital sector recovery from COVID-19 may be turned around by Medicaid cuts under Trump, industry analysts say.Bloomberg News If President-elect Trump’s ideas for healthcare move forward, California’s budget as well its hospitals are likely to face challenges. The Golden State wouldn’t be alone, as the proposed changes
Among the recent victims of Israel’s bombardment are twin sisters Sally and Dalia Ghazi Ibaid. The 26-year-olds had recently been accepted to attend the University of Waterloo in Ontario, Canada, as part of the Global Student Relief Initiative, which supports students from conflict zones. They were killed by an Israeli bombing on December 5 as
Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken
Nike’s results beat modest estimates on Thursday and its shares jumped briefly, but the company soon dashed investor hopes and sent shares lower when a top executive predicted revenues would fall by double digits in the third quarter. Nike’s new CEO Elliott Hill warned of short-term pain as the embattled sportswear seller works to revive tepid demand for its brands. Shares of Nike surged
An Atlanta-area woman filed a lawsuit against PNC Bank claiming she didnt get a promotion because she is a black, single mother. According to a discrimination lawsuit filed by the employee, Brandie Falice, the regional manager who interviewed her allegedly listed a series of discriminatory reasons as to why she wouldnt be a good fit
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