Sir Keir Starmer, Britain’s prime minister, said he could strike a trade deal with Donald Trump and avoid punitive tariffs on the UK as he dismissed as “noises off” Elon Musk’s strident criticism of his leadership. Starmer, speaking to the Financial Times on a visit to Kyiv, insisted Trump’s inauguration on Monday would not add
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England has delayed the start of new capital rules for British banks by a year while it waits to see how the incoming Trump administration will implement the global Basel agreement in
The problem of stolen manhole covers in Turkey might seem an unlikely starting point for a new way for buildings to withstand earthquakes and tackle the construction industry’s environmental issues, but when a Turkish businessman heard about a new material that prevented the thefts, it sparked an idea. Cast iron is traditionally used to make
<img src=”https://public.flourish.studio/visualisation/21196063/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were slightly firmer Thursday as the Triborough Bridge and Tunnel Authority deal was upsized to $1.6 billion and outflows returned to muni mutual funds. U.S. Treasury yields fell and equities ended down. The two-year municipal to UST ratio Thursday was at 67%, the five-year at 67%, the 10-year
Louisiana State Treasurer John Fleming said he would lobby Fitch Ratings for a rating upgrade.Bloomberg News Louisiana plans to sell bonds four more times this fiscal year and at least twice more in the next fiscal year, a Louisiana state official said Thursday. Amounts were not discussed and were not immediately available. The state will
Brightline West is floating $2.5 billion of tax-exempt private activity bonds to finance what the company hopes will be the nation’s first high-speed electric train.Brightline Brightline West, the planned high-speed electric train between Las Vegas and southern California, is prepping $2.5 billion of unrated private activity bonds that mark the next financing step for the
“As we begin 2025 Americans are barreling towards an economic crisis at year end,” said Bessent. “If Congress fails to act, Americans will face the largest tax increase in history, a crushing four-trillion-dollar tax hike. We must make permanent the 2017 Tax Cuts and Jobs Act and implement new pro-growth policies to reduce the tax
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Scott Bessent said the US should increase sanctions on Russian oil producers to force Moscow to negotiate with Ukraine as he criticised the Biden administration for not being tougher on Vladimir Putin’s regime.
HAWAIIAN VOLCANO OBSERVATORY, Hawaii Hawaiis Kilauea volcano roared back to life and resumed its eruption Wednesday as dramatic video provided by the U.S. Geological Survey (USGS) showed lava shooting hundreds of feet into the air. According to an update from the Hawaiian Volcano Observatory (HVO), the eruption of Kilauea within Kaluapele (summit caldera) resumed just after 9 a.m. local time Wednesday when
A lawyer representing Meta in an intellectual property lawsuit said he has dropped the tech giant as a client over Mark Zuckerberg’s decision to scrap fact-checking on his social media platforms. Mark Lemley, who is also a law professor at Stanford University, claimed the Meta boss has embraced “toxic masculinity and neo-Nazi madness.” “I have
Ratings-challenged CNN will reportedly move veteran anchor Wolf Blitzer to a new slot in the mornings as part of a wider reshuffle by the embattled cable news pioneer’s boss Mark Thompson. The 76-year-old Blitzer, one of the network’s longest-tenured anchors and current host of “The Situation Room” at 6 p.m., will be teamed with Pamela
President-elect Donald Trump released his official inaugural portrait Thursday with a villain-esque facial expression that drew comparisons to his 2023 mug shot. The portrait features the soon-to-be commander in chief staring into the camera with an icy look and a furrowed brow. 4 Trump’s 2025 presidential portrait bears a striking resemblance to his iconic mugshot.
TikTok CEO Shou Zi Chew is planning to attend President-elect Trumps inauguration ceremony on Monday even as the China-owned company makes a last-ditch effort to avoid a US ban. Chew is expected to sit alongside tech titans such as Elon Musk, Metas Mark Zuckerberg, Apples Tim Cook and Amazons Jeff Bezos during the inauguration, a
What does a pilot really think when you applaud after a plane touches down? While flight passengers might attempt to show gratitude for a safe landing, some say this act could offend or come across as rude to those steering the aircraft. In a recent article, Rosie Panter, a travel expert with Dealchecker, a travel comparison website,
Sean Duffy, former Republican Representative from Wisconsin and President-elect Donald Trump’s nominee as Transportation Secretary, told a Senate Commerce, Science, and Transportation Committee confirmation hearing Wednesday he would cut red tape slowing infrastructure projects if confirmed.Kent Nishimura/Bloomberg President-elect Donald Trump’s pick for transportation secretary, former Congressman and Fox News host Sean Duffy, pledged to trim
Search and rescue operations Wednesday after the Palisades Fire in the Pacific Palisades neighborhood of Los Angeles. California’s ability to plan its state budget will be impacted by the wildfires ravaging the Los Angeles area. Shortly after deadly blazes began marching through the communities of Altadena in Los Angeles County and the Pacific Palisades neighborhood
“It is a profound honor to be nominated a second time by President Trump to serve as the Director of the Office of Management and Budget,” said Vought. ”The President has promised the American people a federal government that works for all Americans, not the interests of bureaucrats and an entrenched establishment. During my previous time at
Manusapon Kasosod | Moment | Getty Images Dub, a platform that allows retail traders to mimic the investments of notable people in business and government, debuted a service Thursday that pays select everyday investors to share their portfolios. Retail traders accepted into Dub’s so-called top creator program will be paid royalties for users to access
The top executive at Walgreens lamented the loss of sales from putting items like toothpaste behind lock and key to crack down on rampant shoplifting that has plagued pharmacy chains around the country. When you lock things upyou dont sell as many of them. Weve kind of proven that pretty conclusively, Tim Wentworth, CEO of
Instagram is down for thousands of users, according to Downdetector. The outage-detecting site found that at least 9,600 people reported that the Meta-owned photo-sharing app was not working properly. The Post has sought comment from Meta. This is a breaking news story.
A lawyer representing Meta in an intellectual property lawsuit said he has dropped the tech giant as a client over Mark Zuckerberg’s decision to scrap fact-checking on his social media platforms. Mark Lemley, who is also a law professor at Stanford University, claimed the Meta boss has embraced “toxic masculinity and neo-Nazi madness.” “I have
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