Republican presidential candidate and former U.S. President Donald Trump visits the U.S.-Mexico border at Eagle Pass, Texas, as seen from Piedras Negras, Mexico, February 29, 2024. Go Nakamura | Reuters President-Elect Donald J. Trump won the White House based partly on his promises to rein in immigration, with targeted policies that range from sending criminals
Parade attendees wave Puerto Rican flags on Fifth Avenue in Manhattan during the annual Puerto Rico Day Parade. Luiz C. Ribeiro | New York Daily News | Tribune News Service | Getty Images Young adults in Puerto Rico are on shaky financial ground, a study finds. About 47% of respondents in the U.S. territory are
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 director of the Carnegie Russia Eurasia Center in Berlin “What was said about the desire to restore relations with Russia, to bring about the end of the Ukrainian crisis, in
In this article ARCC EPD IBM Follow your favorite stocksCREATE FREE ACCOUNT The IBM logo is displayed on a smartphone in Poland. Omar Marques | Lightrocket | Getty Images The major averages have been on a sharp upward turn since Donald Trump won the presidential election last week, but investors who want to buffer their
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves will use her keynote Mansion House speech on Thursday to espouse the benefits of free and open trade in a direct plea to the protectionist US president-elect Donald Trump. The UK chancellor will
Ethereum, the second-largest cryptocurrency by market capitalization, hit $3,200 on Nov. 10 — its highest since August — as Bitcoin surpassed $79,000 following Donald Trump’s victory in the United States presidential election. According to CoinMarketCap, the market cap of Ether (ETH) now stands at around $383 billion, up almost 5% in 24 hours, putting it
Amsterdam football club Ajax’s 5-0 victory over Israel’s Maccabi Tel Aviv team this week should have been a moment of civic pride. Instead, the city faced international condemnation over what authorities called an outbreak of antisemitic “hit and run” violence against Maccabi fans after the game on Thursday night. Videos on social media appeared to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Philippines intends to buy intermediate-range missile launchers from the US, a plan likely to trigger more Chinese protests over Manila’s efforts to boost its defences. Defence secretary Gilberto Teodoro said in an interview with
Cardano (ADA) struggled as one of 2024’s worst-performing cryptocurrencies, shedding over 40% of its value year-to-date through October. However, November brought a swift turnaround, with ADA wiping nearly six months of losses in just one week. Now, it eyes 100%-plus price gains by March 2025. ADA booms on Hoskinson-Trump rumors On Nov. 10, Cardano’s price
Cardano founder Charles Hoskinson has revealed he is setting up a policy office within his company, Input Output, to support cryptocurrency policy development in the United States. “I’m going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time members of the administration to help
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The number of HM Revenue & Customs investigations into serious tax fraud and avoidance has fallen to a six-year low, figures uncovered by the Financial Times have revealed. Known in tax circles as Code of
Premier League football clubs are targeting stadium upgrades to boost revenues as England’s top 20 teams aim to reap the benefits of rising ticket demand and reduce the reliance on income from broadcasting and sponsorships. Clubs are investing to improve their stadiums and infrastructure in order to increase seats and shore up match day revenues
When senior Chinese leader Wang Qishan met Sir Henry Keswick in 2012, he acknowledged the British businessman’s enthusiasm for investing in China with a memorable turn of phrase. “Mr Keswick, you were bitten by the snake. You waited, you watched, but you came back!” said Wang of the then-boss, or taipan, of Jardine Matheson. Keswick,
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 an FT contributing editor, chief economist at American Compass and writes the Understanding America newsletter Late in the US presidential election campaign, Democrats discovered a serious problem. Young men, minorities especially,
In spring this year, Elliott Management, the $70bn US hedge fund known for circling distressed assets, alighted on a new target: Britain’s largest water company. After scooping up hundreds of millions of pounds of Thames Water’s debt from panicked asset managers willing to sell at a discount, Paul Singer’s Elliott is now one of several
Top Stories of The Week BTC investors pour $1.1B into BlackRock ETF as Bitcoin marks another high The world’s largest asset manager, BlackRock, accumulated more than $1 billion of inflows to its Bitcoin exchange-traded fund (ETF) across a record trading day as Bitcoin continued to break all-time highs. On Nov. 7, BlackRock’s iShares Bitcoin Trust
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Qatar said its efforts to mediate a ceasefire and hostage deal between Israel and Hamas had “stalled” in a sign of the Gulf state’s mounting frustration with the warring parties’ failure to agree to end
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s win gave Republicans their highest share of the popular vote in two decades — and revealed big shifts in the US electorate, from the Democratic party’s reliance on wealthier, college-educated voters
Cumulative monthly traffic to 20 leading crypto exchanges increased by 8% in October, reflecting heightened investor interest and increasing participation among retail traders heading into the 2024 United States elections. According to data from ICO Analytics, Pump Fun recorded the highest month-over-month increase in percentage terms — with 100% growth in October. BullX followed behind
Ethereum co-founder Vitalik Buterin has introduced “info finance,” a new concept aimed at transforming how information is captured, validated and shared across multiple sectors. In his recent blog post, “From Prediction Markets to Info Finance,” Buterin explores how blockchain technology could help aggregate, organize and distribute insights more effectively. According to Buterin, “Info finance is
In this article VRP-GB Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | SOPA Images | AP Company: Verona Pharma (VRNA) Business: Verona Pharma, a clinical stage biopharmaceutical company, focuses on development and commercialization of therapies for the treatment of respiratory diseases with unmet medical needs. The company’s product candidate is ensifentrine, an inhaled and