Stay informed with free updates Simply sign up to the UK interest rates myFT Digest — delivered directly to your inbox. A number of UK lenders have announced mortgage rate increases in a sign that the race towards more competitive offers is slowing, as the prospect of imminent Bank of England interest rate cuts fade.
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. A New York judge has scolded a law firm for citing ChatGPT to support its application for “excessive” attorneys’ fees of up to $600 an hour. The Cuddy Law Firm had invoked the predictive artificial
Telluride, a ski resort destination in Colorado, is the first vacation town to sell municipal bonds for affordable housing this year. It likely won’t be the last. The reason for last week’s sale is immediately apparent by typing “Homes for Sale Telluride Colorado” in an Internet browser. The websites that appear show that anyone wanting
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Two decades ago, Steve Jobs, founder of Apple, championed the concept of skills diversification. In a Stanford graduation speech, he revealed that after dropping out of college in his youth, he stumbled into a class
Washington, D.C.-based National Law Enforcement Officers Museum is turning to Congress for help in covering bond payments. The museum, which has struggled since it opened in late 2018, is propping up this year’s budget with a donation from Clint Eastwood, while it lobbies for passage of a House Republican bill that would send it federal
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It is tough to be a miner when the only material investors care about is silicon. As markets around the world race higher, fuelled by Nvidia’s blowout results and a mounting AI frenzy, mining chiefs
During his second term as Brazilian president in 2010, Luiz Inácio Lula da Silva visited Jerusalem’s Holocaust museum with his Israeli counterpart Shimon Peres and said all world leaders should travel there to understand what happens “when irrationality takes over”. Thirteen years later, Israel’s foreign minister chose the same spot to declare Lula, now serving
A real estate agent walks into a home for sale in Lancaster, Ohio. Ty Wright | Bloomberg | Getty Images Sales of previously owned homes rose 3.1% in January to 4 million units on a seasonally adjusted annualized basis, according to the National Association of Realtors. Sales were down 1.7% year over year. The count
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two main issues emerge from the chaos surrounding Wednesday night’s House of Commons debate on the war in Gaza. The first is that a partisan row over parliamentary procedure dressed up as high principle actually
States, municipalities and public entities in the Southeast sold fewer municipal bonds last year than they did in 2022 as the uncertainty about the direction of interest rates took its toll on new issuance during the first half of the year. Full-year volume dropped 6.8% in 2023 to $65.8 billion from the $70.5 billion sold
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. A long line of prestigious speakers, ranging from Sir Winston Churchill to Dame Iris Murdoch, has delivered the annual Romanes lecture at the University of Oxford, starting with William Gladstone in 1892. But rarely, if
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine has the right to strike “Russian military targets outside Ukraine” in line with international law, the Nato secretary-general has said for the first time since the start of the full-scale war nearly two
Stay informed with free updates Simply sign up to the Equities myFT Digest — delivered directly to your inbox. Global stock markets rallied on Thursday as chipmaker Nvidia’s bumper overnight results boosted technology groups and pushed indices in Japan and Europe to all-time highs. Nvidia surged more than 14 per cent in pre-market trading after
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Google has temporarily stopped its latest artificial intelligence model, Gemini, from generating images of people, as a backlash erupted over its depiction of different ethnicities and genders. Gemini creates realistic images based on users’ descriptions
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. If you put together Anna Funder’s recent book on George Orwell with Jennifer Burns’ biography of Milton Friedman, an oddly similar story emerges. Both men, especially Friedman, co-created their most famous works with their wives.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Inside Politics newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. Labour avoided what would have been another damaging,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Drugmaker Indivior said it was aiming to move its primary listing from London to New York and had begun canvassing shareholder support for the switch, in the latest blow to the UK market. The move
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Lindsay Hoyle, the Speaker of the House of Commons, is preparing to hold meetings with party leaders as he faces calls for his resignation over chaotic scenes in the chamber on Wednesday night during
This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. It’s Kate Duguid in New York; thanks for having me back to guest host Unhedged while Rob is off. It’s never a good idea to be the follow-up act
In late 1989, no person better symbolised Japan’s postwar rise to economic superpower than Akio Morita, Sony’s co-founder, who stunned the world with a $3bn acquisition of Columbia Pictures. That same year, an unauthorised English translation of an explosive essay he co-authored, titled “The Japan That Can Say No”, went viral among America’s elite. Citing
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Once more, a senior US official is in the Middle East pushing for a deal to halt the war in Gaza and secure the release of Israeli hostages held by Hamas. This time it is