Tesla’s troubled Cybertruck flunked a safety test on its front-facing trunk — slamming shut on the finger of one driver who tested the vehicle’s hatch sensor. Jeremy Judkins, a YouTube personality who reviews Tesla products, had his pointer finger jammed under the stainless steel “frunk” — the front storage space under the hood — resulting
President Joe Biden is holding up a shipment of 3,500 guided bombs to Israel after U.S.-backed negotiations for a ceasefire and an exchange of captives with Gaza broke down. It’s the most significant exercise of U.S. leverage over Israel in a long timeand comes after Biden spent months resisting the idea of any limits on
Inflation-battered Gen Zers face a debt load that is significantly higher than millennials carried when they were their age, according to a troubling new report. The average credit-card balance for 22- to 24-year-olds — the prime age for Zoomers — was $2,834 in the last quarter of 2023, compared with an average inflation-adjusted balance of
Is the U.S. toast? Reports of America’s death have been greatly exaggerated for decades. But every human endeavor does, eventually, come to an end. Now RAND, the granddaddy of think tanks, has a report out that takes for granted the decline of the United States and asks if it can be returned to its former
Standard Digital Weekend Print + Standard Digital wasnow 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+
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. 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
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. 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
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. 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
Standard Digital Weekend Print + Standard Digital wasnow 89 € per month Billed Quarterly at 265 €. Complete digital access plus the FT newspaper delivered Monday-Saturday. 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
Standard Digital Weekend Print + Standard Digital wasnow 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+
Stay informed with free updates Simply sign up to the Property sector myFT Digest — delivered directly to your inbox. Timur Kulibayev, the son-in-law of Kazakhstan’s former autocratic president, sold a London mansion for £34.7mn to a property investment firm founded by an ex-Deutsche Bank executive. Forty-one Upper Grosvenor Street, a large Edwardian townhouse located
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bridgewater Associates’ new chief executive Nir Bar Dea said he had overhauled the hedge fund after just a year in charge, in a bid to restore the firm’s investment performance and mark a break from
Rishi Sunak wants to put Britain’s defence industry on a “war footing”. The UK prime minister’s pledge to increase defence spending to 2.5 per cent of GDP in response to the war in Ukraine and other threats is welcome news for companies like BAE Systems and the legion of other organisations that make up Europe’s
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The writer is co-founder and chief scientist of Dionysus Health Today you were passed over for a job. You were declined a loan. You, or perhaps your child, were rejected from a top university. And
Among west Texas oilmen, the lesser prairie-chicken is a subject that quickly raises hackles. The unusual-looking animal famed for its elaborate mating dance roams the scrubland of the vast Permian Basin — the epicentre of US oil production — and was listed as endangered last year. Its new status now restricts where, when and how
Standard Digital Weekend Print + Standard Digital wasnow 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+
A key is seen in front of a computer screen displaying the Airbnb logo in Ankara, Turkey, on Nov. 22, 2023. Dilara Irem Sancar | Anadolu | Getty Images Check out the companies making headlines in extended trading: Airbnb — The hoteling company issued disappointing forward guidance, dragging shares down 8%. Airbnb said second-quarter revenue
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares in Arm dropped by about 8 per cent after the UK chip designer issued lacklustre projections for revenue this year, raising concerns that spending by tech companies on artificial intelligence hardware could slow down.
Municipal triple-A yield curves were little changed Wednesday as the primary market demanded investor attention and were well received. U.S. Treasuries were weaker, and equities ended mixed. Several large new-issues priced led by $1.018 billion of the University of Chicago revenue bonds from the Illinois Finance Authority (Aa2/AA-/AA+/), with yields bumped seven to 15 basis
The California Supreme Court heard arguments Wednesday in a case brought by the state’s Democratic leaders that would block a sweeping anti-tax measure from November’s ballot. The initiative, called the Taxpayer Protection and Government Accountability Act (TPA), would amend the California constitutional rules governing how the state and local governments can impose taxes, fees and
An Oklahoma judge issued a temporary injunction preventing enforcement of a state law that led to four investment banks being banned from underwriting municipal bonds and the targeting of other financial firms for divestment purposes. Tuesday’s ruling came in a lawsuit filed last year against Oklahoma Treasurer Todd Russ by a state pension recipient who