Stay informed with free updates Simply sign up to the US economy myFT Digest — delivered directly to your inbox. US inflation was higher than forecast in September, raising the prospect that the Federal Reserve may raise interest rates following similarly robust recent data on the strength of the jobs market. The consumer price index
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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. US private equity group Apollo Global Management has struck a deal to buy Wagamama owner The Restaurant Group for £506mn, following a lengthy campaign by activist investors for a shake-up of the dining operator. Under
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Iran’s foreign minister Hossein Amirabdollahian will head to Baghdad on Thursday, on the first leg of a regional tour that will also see him visit Lebanon. He will meet with Iraqi officials, according to Tasnim news agency, affiliated to Irans’ Revolutionary Guards. Iran’s Foreign Ministry said he will discuss bilateral and regional issues, including Gaza. 
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Trezor, a major provider of hardware cryptocurrency wallets, is celebrating its 10th anniversary by releasing three self-custody products, including a new Trezor wallet, a proprietary private key backup solution and a Bitcoin (BTC)-only wallet. The Czech Republic-based company on Oct. 12 officially announced the launch of Trezor Safe 3, its brand-new hardware wallet supporting more
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According to the IMF’s October update of its World Economic Outlook, China’s economy will grow 5% in 2023, a decrease from an earlier forecast of 5.2%. Future Publishing | Future Publishing | Getty Images China’s old economic model of relying on investments in real estate has “run its course” and the government needs to consider
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A recent amendment to ARK Invest and 21Shares’ joint spot Bitcoin (BTC) exchange-traded fund (ETF) application could be seen as a “good sign” of progress and impending approvals. An amended Oct. 11 filing to the Securities and Exchange Commission for approval adds additional information about the proposed spot Bitcoin ETF, including practices for how the
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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. Joe Biden ramped up diplomatic efforts to prevent Israel’s anticipated ground assault on Gaza from spiralling into a regional conflagration, telling the country’s prime minister he must follow the rules of war and warning other
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