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Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. The world breached 1.5C of warming last year for the first time, top international agencies said, as an “extraordinary” spike in the global average temperature sparked fears that climate change is accelerating faster than expected.

China’s government bond market has opened 2025 with a clear warning for policymakers: without more determined stimulus, investors expect deflationary pressures to become even more entrenched in the world’s second-largest economy. China’s 10-year bond yield, a benchmark for economic growth and inflation expectations, fell to a record low of less than 1.6 per cent during

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BlackRock has become the latest financial firm to bail out of a big climate change industry group in the wake of Donald Trump’s election as US president and heightened regulatory scrutiny. The world’s largest money

Stay informed with free updates Simply sign up to the German politics myFT Digest — delivered directly to your inbox. Elon Musk heaped praise on the “very reasonable” co-leader of the far-right Alternative for Germany as she joined the technology billionaire for a discussion about Adolf Hitler, Donald Trump and the existence of aliens. In

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A lawyer for Elon Musk has called on the California and Delaware attorneys-general to force OpenAI to auction off a large stake in its business, intensifying a bitter fight with the company’s chief executive Sam

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer’s chief business aide will continue to receive dividend payments from his multimillion-pound stake in corporate advisory firm Hakluyt while in government, raising fresh concerns about potential conflicts of interest. Varun Chandra, former

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Argentina’s government has paid $4.3bn to holders of its sovereign bonds, its largest repayment since a 2020 debt restructuring, in a crucial step for libertarian President Javier Milei’s bid to restore confidence in the serial

Data shows the cryptocurrency derivatives market has suffered a high amount of liquidations in the past day as Bitcoin and other assets have crashed. The last 24 hours have been red for digital assets, with a bulk of the market observing a drawdown of more than 5%. Bitcoin has been no exception, as its price

Cryptocurrencies appear to have staying power, Federal Reserves Chairman Jerome Powell said in June. Perhaps truer words have never been spoken, as the market value of all cryptocurrencies has doubled to $1.3 trillion this year, recovering from last years crash. More impressive is the renewed interest in centralized crypto-collateralized finance after last years controversial collapse

The devastating fires ripping across Los Angeles could cause more than $50 billion in damages making them the most costly in state history, according to a report.  Five wildfires are currently tearing through Santa Monica, Malibu and other areas in Los Angeles County that are home to some of the countrys priciest real estate with

Theyre getting Z last laugh kinda.  Generation Zs recent foray into the corporate world has been an eye-popping escapade plagued by their annoying workplace habits and helicopter parents accompanying them on interviews. Now, newcomers to the 9-to-5 grind are inflicting a fresh new level of hell onto the workforce with a trending act of defiance known as

Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken

On Jan. 9, crypto news feed DB News reported that an official confirmed the US government has been given the green light to liquidate 69,000 BTC worth around $6.5 billion from Silk Road seizures. An unsourced screenshot read, A federal judge ruled on Dec. 30 that the DoJ (Department of Justice) can sell 69,370 Bitcoin

Tesla and SpaceX CEO Elon Musk has shown his support for Pierre Poilievre, Canada’s pro-Bitcoin opposition leader. This follows Canadian Prime Minister Justin Trudeau’s announcement of his resignation on January 7, in the wake of the abrupt departure of his finance minister, Chrystia Freeland. Musk shared a video of Poilievre discussing inflation and fiscal policy

Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the face of persistently elevated inflation and the threat of widespread tariffs and other potential policy changes. Minutes from the meeting, released after the typical three-week lag, also showed clear division among the Feds 19 policymakers.

The Biden administration’s spending on stimulus to keep the economy going during the COVID pandemic may have contributed a little bit to inflation, Treasury Secretary Janet Yellen said in an interview on CNBC on Wednesday. Yellen said supply chain issues and shortages were the main factor driving up prices during the pandemic, but conceded that

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Firefighters in Los Angeles have successfully beaten back a fire that threatened some of Hollywood’s most iconic landmarks. Taming the fire in the Hollywood Hills, which broke out late on Wednesday evening, is the first