Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors dumped shares in vaccine makers and pharmaceutical groups on Friday, as concerns grew over Donald Trump’s nomination of vaccine sceptic Robert F Kennedy Jr as the top US health official. US-listed vaccine makers were
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Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. German Chancellor Olaf Scholz has spoken to Russian President Vladimir Putin for the first time in nearly two years, as western powers position for the return of a Trump administration that has made ending
The Biden administration will continue to allocate transportation grant funds in its few remaining months before leaving office, Transportation Secretary Pete Buttigieg said. Bloomberg News The Biden administration marked Friday’s third anniversary of the Infrastructure Investment and Jobs Act by announcing $3.4 billion in fresh grants and pledging to keep the money flowing in the
Pekic | E+ | Getty Images Mortgage rates seem to have steadied. That may be a good sign for the market, experts say. The average 30-year fixed rate mortgage in the U.S. slightly dipped to 6.78% for the week ending Nov. 14, barely changed from 6.79% a week prior, according to Freddie Mac data via
Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange (NYSE) in New York City, February 27, 2023. Brendan McDermid | Reuters Cathie Wood is defending her underperforming ARK Innovation exchange traded fund following a rocky stretch. “We have a volatile fund,” she told
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two of Elon Musk’s private companies are set to secure multibillion-dollar jumps in valuation through new deals, as investors race to back the sprawling business interests of the world’s richest man. SpaceX, the largest private
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When Friedrich Merz suddenly re-entered politics after a near 10-year absence, some described it as the Second Coming. Others said it was the return of the undead. However you describe it, Merz’s rebound has been
Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. Chancellor Rachel Reeves has proposed a major overhaul of the pensions industry as the government hopes to drive investment into productive British assets through a series of “megafunds”. This would involve rapid consolidation across UK
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Benjamin Netanyahu’s chief of staff was questioned by police as part of an investigation into suspicions that he altered records of the timeline of the Israeli prime minister’s phone calls in the early moments of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Show video info An Israeli air strike flattened a large residential building near one of Beirut’s busiest junctions on Friday morning, rocking the Lebanese capital after weeks of intense fighting between Israel and Hizbollah. The
James Monroe High School students in the school’s Creative Arts building, which was financed with LAUSD Build America bonds.LAUSD After more than a decade of cuts to the promised subsidy that underpinned Build America Bonds, dozens of issuers pulled the plug on that structure this year. The Los Angeles Unified School District was in the
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Right now global investors are grappling with at least two big surprises linked to Donald Trump. The first is the magnitude of his victory. Although many (including myself) expected him to win, few
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prime UK office and shopping centre values are rising for the first time in two years, according to some of the UK’s largest listed landlords, in a positive sign for the embattled commercial real estate
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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world In April 2022, Elon Musk tweeted a cartoon made by US evolutionary biologist Colin Wright. The image shows a stick figure representing Wright, a self-described “centre-left liberal”, becoming politically stranded as the American
In January 2023, short seller Hindenburg Research put out a report claiming that executives at one of India’s largest conglomerates were manipulating the company’s stock price. The Adani Group and its multibillionaire founder Gautam Adani strenuously deny the accusations, but the report instantly wiped off as much as $140bn from the conglomerate’s market value and
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Corporate borrowers are rushing to tap the US bond market, taking advantage of “eye-poppingly” buoyant conditions after Donald Trump’s election victory. Companies including heavy machinery maker Caterpillar, biopharma company Gilead Sciences and investment
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump will nominate Jay Clayton, the former head of the Securities and Exchange Commission, as US attorney for the Southern District of New York, one of the most prestigious prosecutorial posts with
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