Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Business secretary Jonathan Reynolds has held urgent talks with British Steel’s Chinese owner, as ministers prepare to raid Labour’s £2.5bn “green steel” war chest to try to persuade the company not to close its UK
Yahay Obeid, who arrived in the US from Yemen aged 8, trained as a pilot, and now controls air traffic at JFK airport, is more than just a model American immigrant. At the height of the first administration of Donald Trump, he was held up in a speech by his Democratic representative, the Bronx’s Alexandria
Current and former policymakers are warning that any attempt by Donald Trump to undermine the independence of the Federal Reserve in his second term as US president would destabilise the world’s largest economy and global financial markets. In his first presidency, Trump turned on Jay Powell, who he nominated in 2017 to lead the US
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Owners of some of the UK’s historic houses and landed estates have warned that tax changes in Rachel Reeves’ Budget will “kill off” the farming and heritage businesses they run. In her first fiscal event
Bridget Phillipson, UK education secretary, is looking at letting local councils open new schools for the first time in more than a decade, as she vowed to emulate the reforming “energy and purpose” of her Tory predecessor Michael Gove. Phillipson is exploring ending the in effect 2011 ban on local councils opening new schools in
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer served as Nato secretary-general from 2014 to 2024. He will become the new chair of the Munich Security Conference in February 2025 The American people have spoken: Donald Trump is set
BlackRock, the world’s largest asset manager, has seen the highest daily inflows into its spot Ether exchange-traded fund (ETF) in 94 days. BlackRock’s iShares Ethereum Trust ETF (ETHA) clocked $60.3 million in inflows on Nov. 8, the highest amount since Aug. 6, when it amassed $109.9 million, according to Farside data. BlackRock’s large inflows come
Binance’s chief executive has hailed Donald Trump’s US presidential win as the start of a “golden era”, as the crypto industry’s confidence soars that the election result marks a turning point in its acceptance in America. Trump’s success marked a “big win for crypto” that would result in an influx of new US regulators open
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Qatar has told the leaders of Hamas to leave the country following pressure from Washington, in a significant shift in policy by the Gulf state. The request was made around 10 days ago
<img src=”https://public.flourish.studio/visualisation/20211105/thumbnail” width=”100%” alt=”chart visualization” /> Municipals rallied Friday, fully recovering the losses from Wednesday’s selloff, as U.S. Treasury yields were mixed and equities ended up. Triple-A yields fell nine to 15 basis points Friday, depending on the scale, as investors flooded back into the market after the post-election selloff and FOMC rate cut. Those
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK has given the green light to building a new multibillion-pound fighter jet with Italy and Japan, ending fears that the flagship project could fall victim to the new Labour government’s strategic defence review.
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world How did the polls in the US fare over the past week? This may sound like a simple question, but depending on what you’re actually asking, your chosen yardstick and possibly even your
Nibbling on crabs, sushi and sugar cookies, some of the richest and the soon-to-be most powerful people in the world waited for the election results on Tuesday night at Mar-a-Lago, Donald Trump’s gilded fortress on the sea. At one of the tables, Trump sat with Elon Musk, the billionaire technology executive, and Dana White, chief
“We are very pleased to have Ari join HilltopSecurities to lead our structured finance and mortgage business,” Hilltop CEO Brad Winges said in the release. “Ari’s historical skillset and vision in the mortgage sector are key elements of why he is such an important hire for our firm.” HilltopSecurities hired Ari Kavour as executive managing
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump is considering tapping North Dakota’s Doug Burgum to be his new “energy tsar”, which would give the oil state’s governor sweeping power to slash environmental regulations and boost US fossil fuels
Wall street analysts feel good about one of our retail stocks but apprehensive about another. The news on Home Depot Telsey Advisory Group, a leader in retail industry analysis, upgraded Home Depot stock to a buy-equivalent outperform on Friday. The research firm also increased its 12-month price target to $455 per share from $360, implying
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 economic policy studies at the American Enterprise Institute Donald Trump’s stunning return to power cements his status as a figure of historic consequence. His influence began in 2015
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Robert Lighthizer, who was US trade representative when Donald Trump launched his trade war with China, has been asked to take the job again as the president-elect starts to build his cabinet team.
A rendering of the Central Ohio Transit Authority’s bus rapid transit system.Central Ohio Transit Authority Bonds are part of the plans for a transit sales tax measure voters in Columbus, Ohio, approved this week. Voters in the Central Ohio Transit Authority service area approved a sales tax measure with more than 56% in favor. The
Alistair Berg | Digitalvision | Getty Images In the past decade, private investments exploded from $4 trillion to $14 trillion. Primarily led by institutional capital, investors poured money into private markets in their search for differentiated returns and alpha generation. This makes sense as alternative investments have consistently outperformed global public markets on 10-, 15-,
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Pimco, one of the world’s biggest bond fund managers, has warned that US president-elect Donald Trump’s economic plans could lead to the economy “overheating” and could halt interest rate cuts, posing a danger