Market participants are upbeat with predictions about an economy showing few signs of recession, a record-breaking stock market and a Federal Reserve that is expected to start ratcheting down interest rates.  Fresh economic data showing gross domestic product growing by an annual rate of 3.3% has bond issuers and ratings agency forecasters feeling bullish about
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Elon Musk wants you to know he’s a bit bored of cars. He built a ridiculous one but it didn’t make him happy. He turned the EV industry pacesetter into a mass-market producer of generic-vehicle-shaped-objects, which didn’t make him happy. He put the world’s most valuable marque on knick-knacks for the purpose of owning 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. The UK has halted trade talks with Canada in a row over hormone-treated beef that will leave UK farmers and industry with reduced access to Canadian markets. The stand-off, which will affect cheese and carmakers,
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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. The International Court of Justice has ordered Israel to limit harm to Palestinians in Gaza in a politically explosive case brought by South Africa that alleges the country is committing genocide in the enclave. In
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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. There was a slight gasp among my headset-wearing neighbours in the World Economic Forum’s congress hall when Javier Milei blamed all political movements except his own for the west’s woes. “Whether they proclaim to be
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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. One of the most well-established patterns in measuring public opinion is that every generation tends to move as one in terms of its politics and general ideology. Its members share the same formative experiences, reach
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Stay informed with free updates Simply sign up to the Companies myFT Digest — delivered directly to your inbox. I loathe watching a bargain crumble click by click, crushed under the weight of unexpected charges. These irritants are known as “dripped fees” or “junk fees”, but other names came to mind including “situational-monopolist fees”, “too-exhausted-to-resist
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During the winter, when there are no leaves on the trees, Jeanette Gilmour can clearly hear the sound of the M6 motorway from her home in the village of Audley. But she is worried that the rumble of background noise might soon become a big problem. The farmer’s field between the motorway and her village
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An artwork juxtaposing Chinese yuan cash bills with the China’s flag Javier Ghersi | Moment | Getty Images China’s financial institutions should provide strong support to the country’s beleaguered real estate sector and not “blindly withdraw” financing for projects facing difficulties, according to a senior Chinese financial regulatory official. His strongly worded comments follow 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. UK consumer confidence reached a two-year high in January, according to research company GfK, in the latest positive sign for the economy. The consumer confidence index, which measures people’s views of their finances as well
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The S&P 500 notched its fifth consecutive record close on Thursday, with the market making broad gains after solid economic growth data. The blue-chip index traded choppily in the afternoon, but eventually closed 0.5 per cent higher for the day, with more than three-quarters of stocks in the index rising. The energy sector led 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. JPMorgan Chase chief executive Jamie Dimon has shuffled his leadership team and consolidated some of the bank’s businesses, grooming potential candidates who could eventually take over from him. The leadership changes give new responsibilities to
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