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
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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 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
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In a 26-acre glasshouse in Lincolnshire, a robot is slowly wheeling down a long line of strawberry plants, picking ripe red fruit to be dispatched to supermarkets. This is the latest project of James Dyson,
One of Dr Mo Sarhan’s patients was experiencing intense cravings for opioids and alcohol when the Florida-based doctor offered him a striking solution: the Eli Lilly weight-loss drug Mounjaro. “Within days, all of his cravings were gone and he was much more effective in his engagement and treatment. He’s done great since,” Sarhan says. Sarhan
European Nato members are holding talks about increasing the alliance’s target for defence spending to 3 per cent of GDP at its annual summit next June partly in anticipation of Donald Trump’s return as US president. Four people involved in the preliminary talks told the Financial Times they were discussing the steep rise from 2
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. South Korean President Yoon Suk Yeol has defended his failed attempt last week to impose military rule on the country as the leader of his party signals it is preparing to support his impeachment on
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Sir Keir Starmer will on Thursday accept an invitation to hold talks on defence co-operation with the EU, in the first such meeting between a British prime minister and the bloc’s 27 leaders since Brexit. António Costa, the new European Council president, will extend the symbolic invitation to Starmer at a meeting in Downing Street,
Microsoft said it expected to take an $800mn impairment charge stemming from General Motors’ decision to restructure its driverless car unit, Cruise. The Redmond, Washington-based tech group in 2021 joined GM, Honda and institutional investors in a combined new equity investment of more than $2bn to help the Detroit-based carmaker accelerate the commercialisation of autonomous
<img src=”https://public.flourish.studio/visualisation/20748106/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were a touch weaker in spots Wednesday, as U.S. Treasury yields rose and equities ended mixed after an inflation print aligned with expectations. A consumer price index that pretty much met expectations, but showed inflation remains sticky, should not deter the Federal Open Market Committee by cutting 25
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Homes under construction in Englewood Cliffs, New Jersey on Nov. 19th, 2024. Adam Jeffery | CNBC If President-elect Donald Trump is going to push inflation back down to a more tolerable level, he will need help from housing costs, an area where federal policymakers have only a limited amount of influence. The November consumer price
The lowest-rated cohort of New Jersey municipalities are on a trend of strengthening finances, according to a report from Moody’s Ratings. Economic improvement, better management and stronger state support has helped the municipalities achieve their strongest finances in a decade, the report said. The cohort members — which include Newark, Atlantic City, Paterson, Irvington, Salem,
U.S. seaports generally enjoy strong financial metrics that would help offset headwinds from potential tariffs, said Jeff Devine, Municipal Research Analyst at GW&K Investment Management.GW&K Investment Management Investors in U.S. seaports aren’t worried — yet — about fallout from tariffs threatened by President-elect Donald Trump although shifts in trade policy combined with a potential labor
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. More than 10,000 civil service jobs are set to be cut under ministers’ plans to find savings of 5 per cent to their departments in the spending review, according to government figures. Ministers are looking
€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
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. A decade ago, after selling Siri to Apple, the creators of the voice-controlled AI assistant had another big idea. With their new company, Viv, they set out to solve a persistent problem for smartphone users:
“The district’s fiscal year 2025 budget request to Congress proposes $932 million for the District of Columbia, which is $142 million above the enacted level,” said Rep. Dave Joyce R- Ohio. ”Notably, $47 million of this increase is due to a need for more emergency preparedness funding for the upcoming Presidential Inauguration. As a member
Sdi Productions | E+ | Getty Images A number of factors can get your mortgage application denied. So-called “unverifiable income” is one of them. Mortgage lenders want to know if you’re financially capable of paying back the loan. One way they’ll do that is by requesting documents like your federal income tax returns, W-2 and
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