Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A former chief UK negotiator for Brexit and three serving Whitehall department chiefs have made the shortlist to become the next cabinet secretary, with an announcement expected as soon as this week. Sir Keir Starmer
Stay informed with free updates Simply sign up to the Pensions industry myFT Digest — delivered directly to your inbox. The push to get UK pension funds to invest more in private markets would boost returns by just 2 per cent over a 30-year period, according to the government’s own forecasts. In her Mansion House
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The main index of small US stocks hit a new record on Monday for the first time in three years, as investors bet that Donald Trump’s election victory would jump-start their performance after
Scott Bessent, founder of the Key Square Group hedge fund, who once advised liberal financier George Soros, will be joined on Trump’s team by Russel Vought who was tapped to retake his position at the head of the Office of Management and Budget. Muni market leaders are reacting favorably to President – elect Trump’s nomination
Stay informed with free updates Simply sign up to the UK financial regulation myFT Digest — delivered directly to your inbox. The writer is the author of several books on the City and Wall Street “This sector is the crown jewel in our economy,” chancellor Rachel Reeves told a City audience at this month’s Mansion
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 senior fellow at the German Council on Foreign Relations US president-elect Donald Trump has picked Scott Bessent to be his Treasury secretary. Having worked with him when he was
Congress passed the Financial Data Transparency Act of 2022 as a means of modernizing and improving the organization, readability and availability of financial information collected by certain federal agencies (i.e., the Securities and Exchange Commission, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Consumer Financial
Stay informed with free updates Simply sign up to the US & Canadian companies myFT Digest — delivered directly to your inbox. Macy’s has delayed the release of its third-quarter results after the US retailer revealed that an employee had hidden more than $132mn of delivery expenses since late 2021. The group said in a
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. 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
The new WMCHealth Critical Care Tower is targeted to open in the second quarter of 2026.WMCHealth When selling a credit with a fairly modest balance sheet, especially one facing the challenge of operating a healthcare system in New York State, the most important thing is to tell a story. The “Hudson Valley cannot exist without
After Donald Trump won this months election, one of the first things he did was to name two unelected male plutocrats, Elon Musk and Vivek Ramaswamy, to run a new Department of Government Efficiency. The yet-to-be-created entitys acronym, DOGE, is something of a jokea reference to a cryptocurrency named for an internet meme involving a
At least 50 major retailers have jacked up interest rates on store-branded credit cards to all-time highs — even as inflation continues to dog shoppers nationwide, according to an explosive new study. Big chains including Macys, Gap, TJ Maxx and Petco hiked APRs on their store-issued credit cards before the Federal Reserve began slashing rates
The Dow surged 426 points to a record close Friday, and all three major indexes posted weekly gains, as investors took comfort from data pointing to robust economic activity in the world’s biggest economy. The Dow Jones Industrial Average finished at 44,296.51, up 1%, a day after soaring more than 450 points. The S&P 500 gained 0.4%, while the
President-elect Donald Trump namedhedge fund mogul Scott Bessentas the next Treasury secretary on Friday, ending a rough-and-tumble race that saw fierce jockeying among power players across Wall Street. I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States, Trump wrote in his announcement, posted
The website for controversial social media influencer Andrew Tates self-help site The Real World was reportedly hacked this week. The hackers were able to extract a trove of data from Tates site formerly known as Hustlers University that included approximately 794,000 user names, 324,382 unique email addresses and both public and private chat logs, according
President-elect Donald Trump namedhedge fund mogul Scott Bessentas the next Treasury secretary on Friday, ending a rough-and-tumble race that saw fierce jockeying among power players across Wall Street. I am most pleased to nominate Scott Bessent to serve as the 79th Secretary of the Treasury of the United States, Trump wrote in his announcement, posted
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. 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
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The indictment of Benjamin Netanyahu and Yoav Gallant on war crimes charges is a disaster for Israel. It is also a huge problem for the western alliance. Israel is getting full-throated bipartisan support
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. India’s central bank governor has defended the country’s economic resilience, saying it was “well placed” to deal with spillovers from emerging global shocks as the spectre of protectionism and trade wars looms during Donald Trump’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US dollar weakened and Treasuries rallied on Monday as the nomination of Scott Bessent as Treasury secretary eased investor fears over president-elect Donald Trump’s trade tariff plans. The dollar index, which tracks a basket
Enjoy complimentary access to top ideas and insights — selected by our editors. The top five bond financings in the ranking came in at more than $9 billion, according to data from LSEG. The top 20 bond financings have a cumulative amount of more than $18 billion. Total issuance in October hit more than $56