Today In The Markets

Inflation is hitting the Big Apple harder than a slew of other major US cities — with prices surging at their fastest pace since early last year, according to fresh government data released Wednesday. From rent to groceries to school tuition, consumer prices across the New York and New Jersey metro area spiked 4.3% from

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The pound is hovering close to its highest level against the euro since the Brexit vote after the European Central Bank cut interest rates by a quarter-point to 3 per cent, as investors bet on

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank has cut interest rates by a quarter point to 3 per cent, as it watered down its hawkish language and warned that growth would be weaker than it had previously forecast.

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US President Joe Biden has granted clemency to almost 1,500 people, the largest-ever number in a single day, saying he was “extending mercy to people who have demonstrated remorse and rehabilitation”. The White

Share on Pinterest Jamie Foxx has revealed details about the medical complication he experienced in August 2023, sharing he experienced a stroke due to bleeding in his brain. Joe Maher/Getty ImagesJamie Foxx has revealed details about the medical complication he experienced in August 2023, in his new Netflix specialThe actor experienced brain bleeding, known clinically

In the January 2025 issue of Reason, we’re giving performance reviews of Joe Biden’s presidency. Click here to read the other entries. When Joe Biden was sworn in as president in January 2021, he had good reason to be optimistic about the trajectory of the COVID-19 pandemic. Despite being widely criticized forand arguably losing his

The future of nightlife will be going out to the club a wellness club, that is. That’s according to Jonathan Leary, the 34-year-old founder of Remedy Place. Billing itself as the “world first social wellness club,” it offers vitamin IVs, cryotherapy chambers, and red light beds. Its aim is to be not just a destination

“I’m a big believer in tariffs,” President-elect Donald Trump said this week, not for the first time. “I think they’re beautiful.” Trump claims the heavy tariffs he plans to impose during his second term are “going to make us rich,” at no cost to American businesses or consumers. That is a dangerous fantasy. Trump’s position

Share on Pinterest Regularly eating more plant-based than animal protein may significantly lower your cardiovascular and coronary heart disease risk. Zoryana Ivchenko/Getty ImagesA diet with a higher ratio of plant to animal protein may have cardiovascular benefits.A 30-year study found people who ate a higher ratio of plant protein had a lower risk of both

Elon Musk, the worlds richest person, on Wednesday became the first to hit $400 billion in net worth, according to the Bloomberg Billionaires Index. The value of shares in Tesla, Musks electric vehicle company, have soared in recent months hitting an all-time high of $424.88 a share on Wednesday and closing at a record of

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. So Dominic Cummings was right after all, at least in his own dispassionate analysis. Boris Johnson’s chief strategist proclaimed his vindication after Keir Starmer echoed his indictments of civil service failures. There ought to be

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Norway’s two governing parties want to scrap an electricity interconnector to Denmark, with the junior coalition partner also calling for a renegotiation of power links to the UK and Germany, as sky-high prices trigger panic

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As 2024 draws to a close, Nigel Farage’s Reform UK is pulling in the cash, whether from billionaire donors or punters betting that the populist party is on the verge of turning British politics on its head. Ladbrokes now has Farage as 5/2 favourite to succeed Sir Keir Starmer as prime minister, ahead of Kemi

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world A surging US dollar and a “confluence of bad news” have sparked the biggest sell-off in emerging market currencies since the early stages of the Federal Reserve’s aggressive rate-raising campaign two years ago.

This autumn’s dramatic courtroom battle might have been expected to settle the family drama once and for all. Rupert Murdoch, 93, flanked by lawyers and his fifth wife, showed up in Reno, Nevada, in September to fight three of his children over control of his assets when he dies. It made for a television-worthy finale