Some community colleges in California are learning a hard lesson about free money. The schools signed up to sell municipal securities whose debt service would be entirely covered by the loan and whose principal would be forgiven at maturity. They would never have to write a check. Now at least two schools are facing the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jenna Ellis, a former lawyer for Donald Trump’s 2020 presidential campaign, has struck a plea deal with Georgia prosecutors, becoming the fourth co-defendant in the sprawling conspiracy case to flip on the former president. “If
Hardware wallet firm Ledger is rolling out its cloud-based private key recovery solution despite facing significant criticism from the crypto community. Ledger Recover, an ID-based private key recovery service for the Ledger hardware wallet, is launching on Oct. 24, the firm officially announced on X (formerly Twitter). The release comes in conjunction with Ledger finalizing
Bitcoin (BTC) consolidated near $34,000 after the Oct. 24 Wall Street open as the dust settled on 15% daily gains. BTC/USD 1-hour chart. Source: TradingView Opinions diverge on Bitcoin funding rates Data from Cointelegraph Markets Pro and TradingView tracked BTC price volatility through the day, with $34,000 a focus at the time of writing. The
The top bond counsel firms combined for a total of $265.112 billion in 5,327 transactions during the first three quarters of 2023, down from the $291.768 billion in 6,400 deals over the same period in 2022. Only two firms remained in the same spot as in the prior last year: Orrick Herrington & Sutcliffe and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Beaten with a stick, thrown over a motorcycle like a sack and dragged into a subterranean network of tunnels inside Gaza, 85-year-old Yocheved Lifshitz spent 16 days as a Hamas hostage. Released suddenly, alongside Nurit
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is the author of ‘Mezzaterra: Fragments from the Common Ground’ It is not seemly, in the face of death, to trade figures, or frequencies. Israel has suffered; Israeli civilians have been killed. Palestine
Concert ticket prices have soared to new heights this year, causing angst and financial stress for live music fans. Blame has been pointed at ticket sales companies like TicketMaster and profiteering scalpers. President Biden has even proposed legislation aimed at the problem. But similar to the housing market, the unaffordability of music tickets is due
The Bitcoin (BTC) price surge on Monday has now catapulted Bitcoin-related stocks to surge to new highs with the likes of Coinbase and Microstrategy posting new multi-week highs. Bitcoin mining stocks saw significant gains amid the BTC price momentum with the likes of United States-listed Riot Blockchain recording an 11.69% surge followed by Marathon Digital
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an Israeli historian and author of ‘A State at Any Cost — The Life of David Ben-Gurion’ Some time before Israel celebrated its 75th Independence Day in May, I went to the
There is a common tagline across various travel guides and tourism brochures for Exuma or the string of islands and cays at the center of the Bahamas—”the only footprints you’ll find on the beach are your own.” Unlike many other brochures and advertisements for comparable destinations, hyperbole is not at play here. Many beaches across
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French president Emmanuel Macron said the release of all hostages seized by Hamas should be the “first objective” of Israel and its allies as western capitals urged more time for negotiations and the entry of
Investment firm ARK is selling Grayscale Bitcoin Trust (GBTC) shares amid a market surge fueled by anticipation of a spot BTC exchange-traded fund (ETF). On Oct. 23, ARK — headed by pro-Bitcoin (BTC) investment veteran Cathie Wood — sold 100,739 GBTC shares ($2.5 million) from its ARK Next Generation Internet ETF (ARKW), according to a trade
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK will on Tuesday confirm that it is scrapping the cap on bankers’ bonuses that was inherited from the EU as part of its post-Brexit push to boost the City of London, according to
Former President Donald Trump’s former lawyer Michael Cohen arrives for former attorney Michael Avenatti’s criminal trial at the United States Courthouse in the Manhattan borough of New York City, Jan. 24, 2022. Jeenah Moon | Reuters Michael Cohen, the former personal lawyer and fixer for Donald Trump, is set to begin testifying Tuesday in the
Stay informed with free updates Simply sign up to the Geopolitics myFT Digest — delivered directly to your inbox. Whenever a dictator or ruling cleric attacks the honour of the western world, they are conceding a rather important point. There is something there to attack. The west is a coherent entity. It is made up,
Major crypto exchanges recorded a net outflow on Oct. 24 as Bitcoin price briefly touched the $35,000 mark for the first time in a year. The movement of funds away from exchanges is considered a bullish sign as traders move their assets away from the centralized platforms in anticipation of a price surge. According to
Our major cities have always been more “urban” than “jungle” when it comes to incorporating nature into the buildings where residents live. Except for a fortunate few, the average New Yorker, Chicagoan or Angeleno needs to leave home to enjoy a garden oasis in the city. That has been slowly changing in recent years –
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Barclays shares fell sharply after it reported a steep drop in third-quarter profit and lowered its UK growth outlook, while warning of major cost cuts to come in a strategic review next year. Net profit
The United States government may be losing regulatory oversight of the stablecoin market, according to a new report by blockchain research firm Chainalysis. Stablecoin activity has been increasingly occurring through entities that aren’t licensed in the United States, Chainalysis stated in its latest North America cryptocurrency report released on Oct. 23. According to Chainalysis’ findings,
Bitcoin (BTC) marched to 17-month highs on Oct. 24 as exchange-traded fund (ETF) excitement boosted already bullish BTC price action. BTC/USD 1-day chart. Source: TradingView Bitcoin ETF data listing hints at “time to shine” Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $35,198 on Bitstamp before consolidating. This represented 17% gains since the