Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French sovereign bonds and stocks fell on Wednesday as concerns intensified among investors that a dispute over a belt-tightening draft budget could bring down Prime Minister Michel Barnier’s government. The sell-off pushed the gap between 10-year French
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The Chicago skyline in August. Chicago is preparing to go to market with a refinancing deal that will help balance its budget.Bloomberg News A complex refinancing deal pricing next week continues Chicago’s move from scoop-and-toss practices but still front-loads savings to help balance the city’s budget. The city will issue $142.09 million of sales tax
close video Trumps tariffs are necessary, long overdue, Missouri Rep. Burlison says Rep. Eric Burlison, R-Mo., talks President-elect Trumps tariff plans, the DOJ dropping Trumps federal election case and a bill to abolish Americas Bureau of Alcohol, Tobacco, Firearms and Explosives. Mexican President Claudia Sheinbaum has clapped back at President-elect Trump’s proposed 25% tariff on
The growing scandal plaguing MSNBC host Rev. Al Sharpton has been “ricocheting around the halls” of 30 Rock, with his colleagues calling it a “bridge too far” for them,Fox News Digitalhas learned. On Tuesday, MSNBC said it was “unaware” that Vice President Kamala Harris presidential campaign paid $500,000 to Sharptons National Action Network nonprofit ahead
Federal Reserve officials appeared divided at their meeting earlier this month over how much farther they may need to cut interest rates, but as a group agreed this was a moment to avoid giving much concrete guidance about how US monetary policy is likely to evolve in the weeks ahead. “Participants noted that monetary policy
Subway has abruptly ended its $6.99 value meal earlier than expected after the company told its franchisees the deal is not driving anticipated results. The fast food chains corporate office sent a memo to Subway operators stating that the 6-inch Meal Deal will end on Wednesday, despite being scheduled to end on Dec. 26, Restaurant
Gibson Brands, the iconic guitar manufacturer, is threatening to take legal action against the company behind Trump Guitars over alleged trademark infringement. The 120-year-old maker of historic instruments such as the Les Paul electric guitar sent a cease-and-desist letter to 16 Creative, the agency that is marketing specially branded Trump Guitars. We can confirm a
Former Google CEO Eric Schmidt warned that artificial intelligence chatbots could increase loneliness among young men who prefer AI-powered “perfect girlfriends.” Schmidt, who took the helm at Google in 2001 and stepped down in 2011, discussed the dangers of young men interacting with an “AI girlfriend” who is perfect in every way. “That kind of
The Good Brigade | Digitalvision | Getty Images Mortgage rates dropped last week, and homebuyers jumped off the fence. They drove total mortgage demand up 6.3% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($766,550 or
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A US-brokered ceasefire between Israel and Hizbollah appeared to be holding on Wednesday morning, raising hopes that some of the more than 1mn Lebanese civilians displaced by the conflict would be able to return home. The deal, which took effect at 4am local time, was described by US President Joe Biden as “designed to be
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Poland is pushing Nordic and Baltic states to patrol their waters jointly against any Russian sabotage attempts, following the suspicious severing of two data cables last week. Polish Prime Minister Donald Tusk said on Wednesday
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
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Having transformed the car business with his technical flair, his eye for logistics, the genius from the Bay Area tried the same in Washington. He had a record of supporting a different political party to
Israeli military achievements that delivered a crushing blow to Hizbollah. Reservists worn out by more than a year of fighting. Stores of arms beginning to dwindle. Donald Trump’s return to the White House. Many factors fed into Benjamin Netanyahu’s eventual decision to take up a US-brokered ceasefire and stop Israel’s offensive in Lebanon. His war
€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 Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. SoftBank is planning to buy up to $1.5bn worth of stock in OpenAI to bolster its position in the $150bn artificial intelligence company as Masayoshi Son seeks to position the Japanese group as an artificial
After five months of plummeting public support and growing corporate anger, chancellor Rachel Reeves could hardly be blamed for wanting to share some good news on behalf of Britain’s Labour government. “Public services now need to live within their means because I’m really clear, I’m not coming back with more borrowing or more taxes,” Reeves
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Who is the butt of the joke here? Sotheby’s just sold a banana stuck to the wall with duct tape entitled “Comedian”. Cryptocurrency entrepreneur Justin Sun bought the artwork by Maurizio Cattelan for $6.2mn including
Stay informed with free updates Simply sign up to the Science myFT Digest — delivered directly to your inbox. The writer is a science commentator On Friday the UK parliament will vote on whether terminally ill individuals with mental capacity can ask for medical help to hasten death. If the assisted dying bill passes, the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors in Elon Musk’s takeover of Twitter are set to make a huge windfall from a surge in the valuation of his artificial intelligence company, reaping rewards from being loyal backers of the billionaire’s business
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