Joe Biden’s fitness for the presidency was thrust to the centre of the 2024 White House race after Robert Hur, the special counsel investigating his handling of classified documents, issued a report on Thursday citing troubling memory lapses Biden experienced while being interviewed during the probe last year. The assessment of Biden’s mental confusion —
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer, an FT contributing editor, is chief executive of the Royal Society of Arts and former chief economist at the Bank of England British politicians spent the first few weeks of the year love-bombing business.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thursday ought to have been a good day for Joe Biden. America’s Supreme Court heard arguments that Donald Trump was unfit to hold office because he fuelled an insurrection; the former Fox anchor Tucker Carlson
The Internal Revenue Service has informed the Port of Port Arthur Navigation District of Jefferson County, Texas that the tax-exempt status of a 2017 $55 million bond issuance remains unresolved, months after the district initially disclosed that the IRS was casting doubt on the tax-exempt status of the bonds. The notice came via a notice on
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global cocoa prices have soared to record highs as bad weather batters harvests in the world’s main producing countries in West Africa. New York cocoa prices surged to $5,874 per ton on Thursday, a rise
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK’s national security rules on screening foreign investment in British companies should be strengthened to counter threats from China and Russia and to protect media freedoms, according to an influential committee of MPs. The
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer has insisted the British public would “appreciate” him being “straight” about Labour’s plans for the economy after he slashed the party’s long-standing £28bn annual green spending commitment. Starmer on Friday said Labour
SOURCES The FT’s main UK poll tracker uses data from every new national voting intention poll by a member of the British Polling Council. Voting intentions in demographic subsamples use data from Deltapoll, Ipsos, Omnisis, Opinium, PeoplePolling, Redfield and Wilton, Savanta, Survation, Techne and YouGov. METHODOLOGY We use general election polls covering the United Kingdom
Debt-shy Tennessee is eying private activity bonds under its newly authorized public private partnership program. Gov. Bill Lee signed the Transportation Modernization Act into law last April, supported by a $3 billion general fund infusion, making Tennessee the latest state to authorize P3s. The alternative delivery method will be used to build four toll lanes
A four-day atmospheric river-fueled storm that walloped California caused estimated damages of up to $11 billion and put the state’s aging infrastructure to the test. The preliminary damage estimate of up to $11 billion by AccuWeather accounts for damage to homes, businesses, infrastructure, facilities, roadways and vehicles, as well as over 900,000 reported power outages
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Junior doctors in England are to stage a fresh strike over five days this month, threatening further damage to the NHS during the tough winter period as they battle to secure a better pay deal.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer has decided that his own personal credibility is a less important asset than Labour’s economic credibility. In the same week in which he publicly defended the importance of the party’s plan to
“Today, I pinch myself,” says Sir George Iacobescu shortly after we take our seats in the leafy garden of the Arts Club, a stately townhouse in London’s Mayfair, tucked between the Ritz and Berkeley Square. It’s not difficult to imagine why the businessman and chair of Canary Wharf Group feels that his life is like
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A century has now passed since the death of Lenin in January 1924. But “useful idiots” — the term usually attributed to Lenin — are still making the trek to the Kremlin to broadcast Russia’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US has urged Israel not to expand its military attacks in Gaza to Rafah, warning that a major operation in the southern town where more than a million displaced people are sheltering would be
Stay informed with free updates Simply sign up to the UK banks myFT Digest — delivered directly to your inbox. Barclays has agreed to buy the bulk of Tesco’s banking business in a £600mn deal, as UK supermarket chains accelerate their retreat from financial services. Barclays said on Friday that it would take on Tesco
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI’s revenues have surpassed $2bn on an annualised basis, as the runaway success of its flagship artificial intelligence product ChatGPT puts it among the fastest-growing technology companies in history. The San Francisco-based start-up’s yearly run
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Memo to economic policymakers. Global capital is unhappy with the deleterious impact of competition between financial centres on standards of corporate governance and shareholder protection. That much is clear from the pungent critique of proposed
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The extent to which young people tend to vote more for leftwing parties and older people for conservatives is often overstated. For all the talk of Donald Trump’s toxicity to America’s diverse youth, almost 40
Adam Neumann’s skill at wooing investors and bankers powered WeWork from a tiny start-up to a continent-spanning co-working giant that touched a $47bn valuation before a crash that led to his abrupt exit in 2019. This week, the charismatic co-founder reappeared, looking to convince a new set of financial titans to let him lead WeWork
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ministers have lowered performance standards for the UK’s largest rail franchise after its operator Govia Thameslink Railway failed on most measures of service quality in the first year of its contract. The softening of the