Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ford plans to cut about 4,000 jobs in Europe, as the carmaker grapples with slowing demand for electric vehicles and fierce competition with Chinese rivals. The US company said on Wednesday the cuts would be
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A new engineering and science building highlights plans for the new-money share of the University of Chicago’s award-winning deal.University of Chicago When the University of Chicago’s deal team embarked on the largest financing ever issued through the Illinois Finance Authority, the team had several goals. One was to transform the university’s capital structure; another was
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Single-family homes in a residential neighborhood in San Marcos, Texas. Jordan Vonderhaar | Bloomberg | Getty Images After flatlining the week before, mortgage demand rose last week, despite mortgage rates increasing for the fourth straight week. Total application volume climbed 1.7% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
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Stay informed with free updates Simply sign up to the Eurozone economy myFT Digest — delivered directly to your inbox. The Eurozone risks another debt crisis if the bloc cannot boost growth, lower public debt and fix “policy uncertainty”, the European Central Bank has warned. In its annual Financial Stability Review, published on Wednesday, the
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Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation accelerated sharply to 2.3 per cent in October, as higher energy costs pushed price growth above the Bank of England’s target. The annual consumer price index figure from the Office for National Statistics
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Your browser does not support playing this file but you can still download the MP3 file to play locally. Bridgewater is joining forces with State Street’s asset management arm to offer an ETF, Ukraine has struck a military target inside Russia using US-made long-range missiles for the first time, and Walmart’s third-quarter revenue beat forecasts.
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Stay informed with free updates Simply sign up to the German politics myFT Digest — delivered directly to your inbox. The writer directs the Center on the US and Europe at the Brookings Institution Even when Germany holds highly unusual snap elections, some of its political laws seem etched in stone. Incumbent Chancellor Olaf Scholz
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Some content could not load. Check your internet connection or browser settings. Tell us what you think What are your favourites from this list — and what books have we missed? Tell us in the
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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 science commentator If I owned a string of pearls, I would be clutching them at the prospect of Robert F Kennedy Jr taking the top health job in a
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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Some experiments are self-fulfilling prophecies. Morgan Spurlock put on weight by bingeing on Big Macs for his 2004 Super Size Me documentary. I became distracted and tetchy after switching on smartphone stock price alerts. You
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Advances in physical AI mean machines are learning skills previously thought impossible “This is not science fiction,” declared Jensen Huang, boss of chip giant Nvidia, in June, referring to the use of AI to instruct robots to carry out real world tasks. “The next wave of AI is physical AI. AI that understands the laws
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<img src=”https://public.flourish.studio/visualisation/20381307/thumbnail” width=”100%” alt=”chart visualization” /> Municipals improved Tuesday as U.S. Treasury yields fell and equities ended mixed. Triple-A muni yields were bumped one to six basis points, depending on the curve, while USTs saw small gains across the curve with the best performance out long. The secondary took a backseat to the primary market
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