Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Investors are giving up hope that the US Federal Reserve will sharply cut interest rates this year, after a blockbuster jobs report on Friday boosted conviction that the central bank needs to keep borrowing
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. JPMorgan Chase chief executive Jamie Dimon has warned that US inflation and interest rates could remain higher than markets expect because of high government spending. In his annual letter to shareholders, the head of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The world’s biggest chipmaker, Taiwan Semiconductor Manufacturing Co, has agreed to make its most advanced products in Arizona from 2028, in a boost to White House efforts to bring semiconductor production on to home soil.
Enjoy complimentary access to top ideas and insights — selected by our editors. Career moves are heating up as we move through 2024, many linked to Citi’s exit from the municipal bond market in December 2023, and UBS’s exit from the negotiated underwriting business in October. Many firms are now quickly scooping up former Citi
Stay informed with free updates Simply sign up to the US-China relations myFT Digest — delivered directly to your inbox. The US has taken “major steps” to stabilise relations with China, Treasury secretary Janet Yellen said as she ended her six-day visit designed to ease tensions with the US’s main economic rival. During her trip
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Former Wirecard shareholders are suing EY Germany over alleged asset stripping as they fear a complex organisational revamp at the Big Four firm will make it harder if not impossible to enforce damage claims over
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chair of Rockefeller International Having covered Indian elections since the 1990s, I have never seen a contest more predictable than the one beginning later this month. The only point still in debate
Simon Kuznets, the Nobel laureate known for his work on standardising the measurement of gross national product, used to group economies into four broad categories: under-developed, developed, Argentina and Japan. From the 1960s, Japan’s extraordinary growth appeared so unique to Kuznets that it warranted its own category. But, starting in the late 1990s, Japan became
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The next phase of the UK Post Office Horizon public inquiry will resume this week, marking the penultimate chapter of an independent probe into one of the country’s biggest miscarriages of justice. The inquiry was
Israel says it has withdrawn its troops from Khan Younis in southern Gaza in order to prepare for operations in Rafah, Hamas’s last stronghold, despite US warnings that a big ground offensive on the town would be a mistake. “Our forces left the area in order to prepare for their future missions, including their mission
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. President Joe Biden will warn China about its increasingly aggressive activity in the South China Sea this week during summits with Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. Two senior US
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel says it has withdrawn its troops from Khan Younis in southern Gaza in order to prepare for operations in Rafah, Hamas’s last stronghold, despite US warnings that a big ground offensive on the town
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brazil’s attorney-general has demanded “urgent regulation” of social media sites after Elon Musk threatened to disobey a court order banning certain profiles on his X platform and then called for a Supreme Court justice to
Food inflation across rich nations has dropped to its lowest level since before Russia’s full-scale invasion of Ukraine, with a slowdown in price growth easing pressure on millions of households hit by the two-year surge in food costs. The annual change in consumer food prices across 38 industrialised countries eased to 5.3 per cent in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ecuador is facing a tide of condemnation over a late-night raid on the Mexican embassy in its capital Quito that saw the capture of the Andean nation’s former vice-president and triggered a diplomatic crisis between
In this article SLB WMT OMF Follow your favorite stocksCREATE FREE ACCOUNT A Walmart Supercenter cart sits outside of the store on February 20, 2024, in Hallandale Beach, Florida. Joe Raedle | Getty Images When markets get rocky, dividend-paying stocks can give investors’ portfolios the cushioning they need to ride out volatile times. Finding the
Stay informed with free updates Simply sign up to the US banks myFT Digest — delivered directly to your inbox. Wall Street banks have warned that their next wave of hiring in France may be stunted without restrictions on dismissal costs for highly paid traders, a flagship measure that has been left out of a
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain will not offer “carte blanche” approval to Israel, which has made “big mistakes” in Gaza, but the nation is prosecuting a legitimate war and being held to higher standards than Hamas, the UK deputy
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Biden’s ban on new US natural gas exports has become “critical” to Pennsylvania, the state’s governor said, as he urged the president to reverse the policy or risk losing votes in a crucial 2024
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Peter Pellegrini has been elected president of Slovakia, consolidating the grip of the ruling coalition led by Robert Fico and tilting the country further towards Russia. Pellegrini defeated former foreign minister Ivan Korčok by winning
Stay informed with free updates Simply sign up to the Chinese business & finance myFT Digest — delivered directly to your inbox. Top executives at China’s biggest brokerages have seen their pay slashed in the past two years against a backdrop of struggling financial markets and Beijing’s efforts to reduce inequality, according to disclosures. The