Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration. It has more than doubled in value this year and is up about 45% in the two weeks since Trump’s sweeping election
Jeff Bezos is pushing back against Tesla CEO Elon Musk’s claim the Amazon founder predicted President-elect Trump would lose the 2024 presidential election. “Just learned tonight at Mar-a-Lago that Jeff Bezos was telling everyone that @realDonaldTrump would lose for sure, so they should sell all their Tesla and SpaceX stock,” Musk wrote on his social media platform X in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The boss of Jaguar has defended its “bold” rebranding after a backlash to a new corporate logo and a promotional video that did not feature cars, saying its message had been lost in “a blaze
Jeff Bezos is pushing back against Tesla CEO Elon Musk’s claim the Amazon founder predicted President-elect Trump would lose the 2024 presidential election. “Just learned tonight at Mar-a-Lago that Jeff Bezos was telling everyone that @realDonaldTrump would lose for sure, so they should sell all their Tesla and SpaceX stock,” Musk wrote on his social media platform X in
close video Walmart CFO: Tariffs are going to be inflationary Walmart CFO John David Rainey unpacks consumer sales, the impact of the port strikes and the impact of tariffs on ‘The Claman Countdown.’ Walmart Chief Financial Officer John David Rainey warned that President-elect Trump's proposed tariffs could lead to higher prices for Walmart shoppers. "Tariffs
Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration. It has more than doubled in value this year and is up about 45% in the two weeks since Trump’s sweeping election
close video Lenders are kicking small businesses while they’re down: Danielle DiMartino Booth QI Research CEO and Chief Strategist Danielle DiMartino Booth discusses the impact of government intervention on small businesses. Small businesses are still struggling as they continue to face a host of economic challenges. Shilpa Sankaran, founder of Wisconsin-based KOSA Ayurvedic Spa, opened
close Video Trump nominates Pam Bondi for US attorney general Fox News chief political anchor Bret Baier has the latest on the Trump transition team on ‘Special Report.’ President-elect Trump announced Thursday evening that he’s nominating former attorney general of Florida Pam Bondi as the next attorney general of the United States. Trump’s latest Cabinet
Bitcoin touched a fresh record high on Friday, with its sights set firmly on the $100,000 barrier, in a stellar rally for the cryptocurrency sparked by expectations of a more friendly regulatory environment under a Donald Trump administration. It has more than doubled in value this year and is up about 45% in the two weeks since Trump’s sweeping election
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK business activity slumped to a 13-month low in November, as companies gave a “thumbs down” to policies announced in the Budget, according to a closely watched survey. The S&P Global flash UK PMI composite
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Northvolt’s chief executive has resigned a day after Europe’s big battery hope filed for bankruptcy in the US. Peter Carlsson took responsibility for the dramatic collapse during a town-hall meeting with employees on Friday morning,
Stay informed with free updates Simply sign up to the UK companies myFT Digest — delivered directly to your inbox. Winter is coming and the mood among parts suppliers to Nissan’s car plant in Sunderland is troubled. When I met some last week near the UK’s largest automotive factory, they were grappling with the changes
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israelis across the political divide lashed out at the International Criminal Court after it issued an arrest warrant for Prime Minister Benjamin Netanyahu, a rare display of unity in the politically polarised country. The warrants
As he squeezes his way through the throng that has packed the entrance of Il Pasticcio with polite smiles and softly spoken apologies, I’m struck by how unlikely a figure António Costa cuts as the man the EU will rely on to face off against US president-elect Donald Trump. Yet the Portuguese socialist, child of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK arm’s-length bodies lack accountability and some have become a “law unto themselves”, the new chair of parliament’s public administration committee has warned, as he set out plans for an inquiry into scores of quangos.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The adoption of Palantir’s data platform across the health service has accelerated across England over the past six months but has fallen behind internal rollout goals set by the NHS amid pervasive doubts over its
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ever since its full-scale invasion of Ukraine in February 2022, Russia has tried to deter the west from supplying Kyiv with ever more potent weaponry by threatening retaliation and escalation of the war. On each
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Studies of discrimination are often both depressing and unsurprising. It doesn’t pay to be part of a minority group? Well, knock me down with a feather. But some do manage to defy expectations. Several academic
Donald Trump has been riding high since his decisive win over Kamala Harris, working at a breakneck pace to name loyalists to top jobs in his incoming administration while basking in the glow of his victory. Last weekend, the president-elect received a hero’s welcome from the crowd at a packed UFC fight at New York’s
Battling to win back credibility with investors after a damaging short seller attack last year, India’s powerful Adani Group repeatedly flew business partners and journalists to its showpiece “green” project: a vast solar and wind farm in Khavda in the north-western state of Gujarat. Now Adani’s renewable power business is itself at the heart of
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US president-elect Donald Trump has nominated Pam Bondi for attorney-general just hours after Matt Gaetz, his initial pick, withdrew from consideration for the role. The unexpected move injected fresh drama into Trump’s selection