Consumers face a darkening outlook across their borrowing and investments due to a UK debt market sell-off that has deepened since the new year. Yields for UK government bonds, or gilts, along with US Treasuries and other sovereign bonds, have risen as investors expect interest rates will remain higher for longer due to stickier-than-expected inflation.
News
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brompton has warned against axing tariffs on Chinese bicycles and parts as the UK’s largest bike manufacturer predicted that cheaper imports could “kill” the business. The UK government is reviewing tariffs inherited from the EU
Kohl’s, the struggling chain of department stores, said it will permanently close 27 “underperforming” locations in 14 states, including 10 in California alone as the company takes emergency measures to avoid bankruptcy. The company made the announcement in a press release that included a list of the locations that will be shuttered for good. The
In Gaza, Israeli forces bombed tents housing displaced Palestinians west of Khan Younis overnight. It was one of several attacks that killed 70 people within 24 hours, according to Gaza’s Health Ministry. This comes as a new study in the medical journal The Lancet finds the true death toll in Gaza may be 40% higher
US employers added a surprisingly strong 256,000 jobs in December — dimming hopes that the Federal Reserve will cut interest rates anytime soon. The blowout number from the US Bureau of Labor Statistics — a massive jump from the month before as hiring rebounded from strikes and major hurricanes — pushed back traders’ bets for
President-elect Donald Trump’s threat to slap Denmark with tariffs to force its hand in giving up Greenland could lead to higher prices for popular weight-loss drugs Ozempic and Wegovy as well as Lego toys, according to a report. On Monday, Trump said he would tariff Denmark at a very high level if it did not
Here in the U.S., the House of Representatives voted to sanction the International Criminal Court after it issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and former military chief Yoav Gallant for war crimes and crimes against humanity. Forty-five Democrats joined 198 Republicans to approve the “Illegitimate Court Counteraction Act.”
Meta CEO Mark Zuckerberg shrugged off criticism that his new policy that does away with third-party fact-checking and censorship will alienate users — insisting that anyone who quits company platforms Facebook, Instagram and Threads would be “virtue signaling.” Zuckerberg responded to a post on Threads that criticized him for Tuesday’s decision, with many calling him
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US economy blew past expectations to create 256,000 jobs in December, sending yields on long-term US government debt to the highest level since 2023 and pushing stocks to the lowest point since Donald Trump’s
Patty Burns, a 93-year-old with a sparkling memory, has lived in the Pacific Palisades neighbourhood of Los Angeles for more than 60 years. She always kept a black suitcase filled with important documents at the ready, in case of a fire. On Tuesday, she needed it. Her daughter, who lives just up the road, arrived
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer is a technology entrepreneur and investor. In 2016, President Barack Obama told his staff that Donald Trump’s election victory was “not the apocalypse”. By any definition, he was correct. But understood
Meta CEO Mark Zuckerberg shrugged off criticism that his new policy that does away with third-party fact-checking and censorship will alienate users — insisting that anyone who quits company platforms Facebook, Instagram and Threads would be “virtue signaling.” Zuckerberg responded to a post on Threads that criticized him for Tuesday’s decision, with many calling him
Google and Microsoft are each donating $1 million to President-elect Donald Trumps inaugural fund joining a slew of tech companies bankrolling the celebrations as they seek to garner support from the incoming administration. Google and Microsoft confirmed the donations with The Post. Google is pleased to support the 2025 inauguration, with a livestream on YouTube
Apple denied its digital voice assistant Siri poses any privacy concerns — one week after it agreed to pay $95 million to settle a lawsuit tied to the software tool. Apple has never used Siri data to build marketing profiles, never made it available for advertising, and never sold it to anyone for any purpose,
When wildfires began ravaging Los Angeles yesterday, the story was familiar in many respects: In dry and windy weather, a small blaze can spread so fast and so far that no one can do anything to stop it, especially in terrain dense with brush and hard for firefighters to reach. Pacific Palisades, where the first
Last week, President-Elect Donald Trump nominated Morgan Ortagus, a longtime State Department official, to serve as a deputy special envoy for Middle East peaceand immediately undercut her. Early on Morgan fought me for three years, but hopefully has learned her lesson, Trump wrote when he announced her hire on Truth Social. These things usually dont
With Bitcoin’s increasing presence in traditional financial systems and speculation around a US BTC strategic reserve, some experts foresee a major supply shock during this cycle, potentially disrupting the 4-year cycle theory with extraordinary price growth. However, a new report indicates that such a supply shock is unlikely to happen in 2025. While Bitcoin’s halving,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK government borrowing costs edged higher on Friday but remained below Thursday’s peak as investors await a key US jobs report later in the day. The 10-year gilt yield rose by 0.03 percentage points to
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Immigration lawyers in the UK say they have seen a rise in liberal Americans seeking to leave the US since Donald Trump’s election victory. Many making inquiries said they were worried about socially
Standard Digital was €540 now €319 per year Save now on essential digital access to quality FT journalism on any device. 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 FT Videos
Stock investors are brushing aside economists’ gloomy predictions about US president-elect Donald Trump’s economic policies, betting instead that his plans will boost corporate earnings and power the market higher. Wall Street’s S&P 500 benchmark soared to record highs last year and, although there has been a recent pullback, equity strategists have predicted gains of about
- « Previous Page
- 1
- …
- 15
- 16
- 17
- 18
- 19
- …
- 587
- Next Page »