Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Israeli military has ordered thousands of people taking refuge in Gaza’s last big medical facility to leave after weeks of fighting around Nasser hospital brought Israeli troops to its gates. Hundreds of displaced Palestinians
Stay informed with free updates Simply sign up to the UK house prices myFT Digest — delivered directly to your inbox. UK house prices fell in the second half of 2023 driven by weakness in the London market, according to official data, underscoring the continuing pressure of higher borrowing costs. Average UK house prices decreased
Stay informed with free updates Simply sign up to the US politics & policy myFT Digest — delivered directly to your inbox. Here is one measure of America’s democratic pickle. The third-party candidates lining up to challenge the creaking two-party stranglehold are almost the same age as the incumbents. Joe Biden is 81. Donald Trump
Rooftops of homes in a gated residential community are seen in Pico Rivera, California on January 18, 2024. Frederic J. Brown | AFP | Getty Images After a brief reprieve in December and January, mortgage rates are moving higher again, and that is taking its toll on mortgage demand. Total mortgage application volume fell 2.3%
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain’s Conservatives have always had a complex relationship with civil liberties. On the one hand they talk loudly about individual freedom and rail against the nanny state. On the other, they cheerfully wave through intrusive
Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation stayed steady at 4 per cent in January, undershooting expectations and bolstering hopes that the Bank of England will soon feel it has enough evidence of price pressures easing to cut interest rates.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Europe Express newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday and Saturday morning Good morning. Nato will today announce that
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. A day after we questioned whether Arm was properly
The aid shipment that could have fed more than 1mn Palestinians for a month languished at the Israeli port of Ashdod for weeks. Then Israeli authorities said the desperately needed supplies could not be released. The shipment of rice, flour, chickpeas, sugar and cooking oil, donated by Turkey, is one of many consignments facing blockages
Joe Biden has urged the Republican leadership in the House of Representatives to bring a sweeping $95bn national security bill that includes some $60bn of military aid for Ukraine to a vote “immediately”. The bill passed the Senate early on Tuesday. But the measure, which also includes billions in aid for Israel and Taiwan as
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The billionaire British co-owners of supermarket Asda borrowed millions more from their petrol station company EG Group to repay debt they took on to buy two private jets. EG lent Mohsin and Zuber Issa’s personal
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. How many people do you think would be willing to give away 1 per cent of their household income every month to fight global warming? Here’s a clue: it’s not 20 per cent or 40
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. When a chief executive asks for trillions, not billions, when raising funds you know a sector may be getting a bit too hot. In the long run, generative artificial intelligence will transform many industries and
Holzdorf military base was once the pride of Communist East Germany, a strategic linchpin for the Warsaw Pact countries who opposed Nato. Now it is being remade as one of the west’s biggest bulwarks against Russia. The base’s runway is being expanded, so any plane in the Nato arsenal can land there. Soon it will
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Shares of Lyft soared more than 60 per cent on Tuesday before falling back sharply, after an error in the ride-hailing company’s quarterly earnings release exaggerated the outlook for margin growth in 2024 by 10
A visitor takes pictures in front of a wooden dragon themed sculpture displayed to celebrate the upcoming Lunar New Year inside the flower dome at Gardens by the Bay in Singapore on February 1, 2024. Roslan Rahman | Afp | Getty Images Millions of Chinese around the world are celebrating the Lunar New Year, ringing
Instacart is laying off 7 per cent of its workforce as part of a restructuring effort, the food delivery group said on Tuesday as it boosted its share buyback programme to $1bn. The company said the cuts would affect about 250 people. Separately, three executives — Instacart’s chief operating officer Asha Sharma, chief technology officer
A hotter-than-anticipated inflation report spurred a selloff in U.S. Treasuries and equities, and municipals could not ignore the broader markets and closed weaker on the day. Triple-A yields rose up to six basis points but largely outperformed UST losses that touched 17 to 20 basis points on the short end. Expectations for a Fed rate
The number of distressed charter schools rose to a record in the beginning of 2024 as the sector struggles with the end of pandemic assistance and rising costs. So far this year, five charter schools have become impaired, meaning a borrower has defaulted on their debt, broken a covenant or used some emergency means to
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A high-profile shareholder in Abrdn dumped the stock after losing faith in management’s ability to turn the flagging UK asset manager around, adding to pressure on chief executive Stephen Bird. US investment firm Harris Associates,
Stay informed with free updates Simply sign up to the US foreign policy myFT Digest — delivered directly to your inbox. Joe Biden sharply rebuked Donald Trump for saying he would encourage Russia to attack Nato allies that did not spend enough on defence, as the US president pleaded for Republicans in Congress to pass