The writer is an FT contributing editor Asked this week why inflation was falling, Federal Reserve chair Jay Powell gave a comprehensive answer. First, the worst effects of the pandemic and the war in Ukraine have eased. Prices are down for food and energy, and Americans continue to shift back towards buying services and away
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Washington and Canberra have bolstered their commitment to the Aukus security pact despite growing opposition from Republicans in Congress over a plan to supply nuclear-powered submarines to Australia. US secretary of state Antony Blinken, speaking on Saturday following ministerial talks in Brisbane, said there was “robust bipartisan support and commitment” for Aukus, which also includes
In this video I want to share with you how to trade a double calendar or at least that one up so that way you can now position it yourself on your own stock trade. Now the double calendar is very similar to a single calendar but it is two calendars rather than one so
“I wish,” a longstanding US Democrat and environmentalist said to me recently, “that we’d never politicised global warming.” Even as extreme heat is demonstrating that no country will be immune from climate change, the politics are becoming more treacherous. Parts of the right are mobilising to slow down the path to net zero, as inflation
Brian Hamilton gives us two growth and income stocks for 2018. Triton International: https://www.zacks.com/stock/quote/TRTN?cid=CS-YOUTUBE-FT-VID KLA Tencor: https://www.zacks.com/stock/quote/KLAC?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: stocktwits.com/ZacksResearch Follow us on Twitter: twitter.com/ZacksResearch Like us on Facebook: www.facebook.com/ZacksInvestmentResearch
The US will provide Taiwan with $345mn in weapons, marking the first time the Pentagon will send arms directly to the country to boost its defences amid rising concern about assertive Chinese military activity. The White House on Friday announced its plan to provide weapons from US stockpiles in the first tranche of an annual
Proof of humanity protocol Worldcoin released its audit reports on July 28 as criticism of its data collection practices continues to mount. The new reports were conducted by security consulting firms Nethermind and Least Authority. According to an accompanying announcement from Worldcoin, Nethermind found 26 security issues with the protocol, of which 24 were “identified
Our subject, a 45-year-old French male, called Nato “brain-dead”. He supports industrial protection at both the national and EU levels of government. When I arrived in Washington in 2018, he was viewed locally as having made more effort to cultivate Donald Trump than any other major western leader. Two years later, during the George Floyd
This is shaping up to be the hottest summer on record, with triple digit temperature spikes around the nation. That spells extreme health and safety risks for people who work outdoors, as well as for those who run, cycle and hike or, sadly, find themselves homeless. According to the Centers for Disease Control, those most
The launch of memecoin Pond0x (PNDX) has led to millions of dollars in losses for investors, according to multiple reports on social media on July 28. Data from the Maestrobots trading app shows that the token reached a price of $0.36 before collapsing to near zero in a span of five minutes. Maestrobots chart of
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi was dominated by exploits and hacks, with three DeFi platforms losing nearly $39 million. Alphapo’s hot wallets were exploited for over $32
Munis were weaker to close out the week, playing catch up to Thursday’s larger U.S. Treasury losses and preparing for a larger new-issue calendar led by billion-dollar issues from the New York Dormitory Authority and triple-A rated Minnesota, along with multiple large deals from Texas school districts. U.S. Treasuries were firmer Friday and equities rallied.
Environmental, social, and governance capital programs continue to flourish under increased scrutiny, said one presenter at a recent securities industry event. Climate change may be nothing new, said Trenton J. Allen, CEO of Sustainable Capital Advisors, but the “growing appetite” for suitably focused investments is, and issuers and investors alike can benefit from strategies to
Ukrainian artillery crews have been firing rockets made in North Korea against Russian positions, turning Pyongyang’s munitions against the invasion forces of its ally President Vladimir Putin. The North Korean arms, whose use by Ukraine has not been previously reported, were shown to the Financial Times by troops operating Soviet-era Grad multiple-launch rocket systems (MLRS)
Travellers determined to take to the skies despite soaring ticket prices have pushed airline profits to fresh heights, as resilient consumer spending buoys the global economy. As they reported record profits on Friday, British Airways-owner IAG said trips across the Atlantic and to leisure destinations had been particularly popular “as customers prioritise holidays”, while Air
The golden age of doing nothing has arrived for investors, just in time for summer. Fund managers often find that the August escape to the beach (in the northern hemisphere at least) is tinged with a little separation anxiety, distanced from data terminals, emails and spreadsheets. This has always been misplaced, in my view. Maybe
The year 2022 was not a very good year for Cosmos and its vision of inter-blockchain communications (IBC). The collapse of the Terra Luna ecosystem (the biggest protocol on Cosmos at the time), tension between co-founders and a fall in the token’s price all cast a shadow on its future prospects. That said, projects such
Social media platform X — formerly known as Twitter — may soon advance plans to add financial services to its users, hoping to become the American equivalent of the Chinese super-app WeChat. The concept of super-apps isn’t new. Tech giant Tencent, the company behind WeChat, has been refining the model since 2011. Like Twitter, it
Congress adjourned for its long summer break Thursday still far apart on top-line 2024 spending levels with only a few weeks left to reconcile the difference. There are also looming deadlines to pass a new farm bill and reauthorize the Federal Aviation Administration. Congress faces a partial government shutdown if it hasn’t passed funding bills
Warlord Yevgeny Prigozhin and his Wagner militia sent shockwaves across the globe when they attempted the first coup in Russia for three decades. After accusing his country’s military leadership of “murdering tens of thousands of Russian soldiers” as a result of the disastrous invasion of Ukraine, Prigozhin launched an audacious march on Moscow to “punish”
Fans of full-bodied red wines and boutique gins will have to shell out more from next week as post-Brexit alcohol duty rules come into force in the UK, while those who prefer beer risk ending up paying the same for a weaker lager in a sign of “drinkflation”. First set out by Rishi Sunak in