A wrought-iron door guards the address near Central Park where Guzel Ganieva lives on the upper floors of a townhouse dating from the Gilded Age. On a winter morning two years ago, the doorman stationed there took a hard look at two uninvited guests. The visitors, a man and a woman, wore the thousand-yard stare
US President Joe Biden was leaving a White House event on the climate crisis on November 14 when he turned to answer a question about the state of talks to free hostages being held in Gaza. “I’ve been talking with the people involved every single day,” Biden told reporters. His message to the families? “Hang
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Home Office is examining a package of measures to cut legal migration to Britain and reduce the “abuse” of work visas, as it seeks to reassure the public it has a grip on immigration.
Executives from crypto asset manager Grayscale have met with the Securities and Exchange Commission to discuss details of its flagship Bitcoin (BTC) trust, which the firm wants to convert to a spot Bitcoin exchange-traded fund (ETF). A Nov. 20 SEC memo disclosed Grayscale CEO Michael Sonnenshein, legal chief Craig Salm, ETF head Dave LaValle and
Israel and Hamas have agreed a deal for the staggered release of 50 civilians held hostage in Gaza in exchange for some Palestinian prisoners and a four-day halt to hostilities. In a statement, the Israeli prime minister’s office said it had approved a deal that would see a four-day “pause in fighting” to facilitate the
After 45 days of devastating war, Israel and Hamas have agreed a hostage deal and a pause in hostilities, marking the most significant diplomatic breakthrough of the bloody conflict. The agreement was finalised early on Wednesday after weeks of complex negotiations brokered by Qatar, with input from the US and Egypt. It is expected to
11/22/2023, 3:51:45 AM South Korea suspends military agreement with Pyongyang after North launches spy satellite Christian Davies in Seoul South Korea will partially suspend a 2018 military agreement with its northern counterpart that sought to reduce the risk of armed conflict, after Pyongyang said it had “successfully” launched a military spy satellite into orbit for
Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, May 5, 2019. Nati Harnik | AP Warren Buffett donated more than $870 million in Berkshire Hathaway stock to four family foundations before Thanksgiving, assuring investors in a letter that the conglomerate is “built
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Binance chief executive Changpeng Zhao has resigned and pleaded guilty to a US criminal charge of failure to protect against money laundering after federal prosecutors unveiled a sweeping case against the world’s largest cryptocurrency exchange.
Crypto markets were subjected to a heavy dose of volatility on Nov. 21 as the United States Department of Justice (DOJ), Commodity Futures Trading Commission (CFTC) and U.S. Treasury announced a $4.3-billion settlement with Binance and that former Binance CEO Changpeng Zhao will plead guilty to one felony charge as part of a settlement over
CoinList founder Andy Bromberg believes that spot Bitcoin (BTC) exchange-traded funds (ETFs) are just “watered down crypto” and a sign the industry is heading in the wrong direction, amid growing hype over potential ETF approvals in the United States. Bromberg — also CEO of payments-focused wallet app Beam — told Cointelegraph: “If a Bitcoin ETF
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Jeremy Hunt will on Wednesday put a £9bn permanent tax break for business at the heart of his Autumn Statement, as the UK chancellor attempts to jolt Britain’s sluggish economy back to life. Facing forecasts
Municipals were firmer Tuesday as U.S. Treasury yields fell slightly, following the release of the Federal Open Market Committee meeting minutes that said officials will remain cautious about future interest rate hikes. Equities ended down. Muni triple-A yield curves were bumped two to six basis points Tuesday, depending on the curve, as municipals continued to
The current municipal rally has led to an increase in tax loss harvesting as more investors leverage the strength and pre-holiday liquidity to consider repositioning their portfolios. This year has seen an increase in and an earlier start to tax loss harvesting after rapidly rising, and then subsequently falling, interest rates and stronger equity market
Binance has named its head of regional markets outside of the U.S., Richard Teng, as its new CEO. The change comes as founder and former CEO Changpeng “CZ” Zhao has resigned and plead guilty to charges levied against him by the U.S. Department of Justice. Today, I stepped down as CEO of Binance. Admittedly, it
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI’s directors are in talks with Sam Altman to allow him to re-join the board, four days after their decision to sack him plunged the generative artificial intelligence start-up into turmoil. A deal to unify
The existing farm bill, a multiyear, omnibus keystone-sized chunk of legislation was extended via the latest continuing resolution, but aggie bond watchers are hoping a fresh rewrite of the measure will include passing the Modernizing Agricultural and Manufacturing Bonds Act. MAMBA would increase the limitation on small issue bond proceeds for first-time farmers and triple
Michael Robinson has written three books since he left the British Army in 2004. But he has also spent three years in a psychiatric hospital and lives with schizoaffective disorder — a condition that he says leaves him unable to cope with work and reliant on “a cocktail of drugs”. The 47-year-old fears that a
BNB’s (BNB) price breakout to a 5-month high at $271.90 comes as reporting from the Wall Street Journal highlighted the United States Department of Justice’s plan to announce a $4.3 billion dollar settlement with Binance to end its case. WSJ also reported that Binance founder Changpeng “CZ” Zhao has agreed to step down as CEO
The deadline for changes to bond purchase agreements in Texas as part of a crackdown on compliance with two state laws prohibiting governmental contracts with banks and others that “boycott” or “discriminate” against the fossil fuel or firearm industries has been extended to mid-December. Texas Attorney General Ken Paxton’s office announced last week that changes
Stay informed with free updates Simply sign up to the EU trade myFT Digest — delivered directly to your inbox. France has signalled that it wants to delay the introduction of tariffs on electric vehicle sales between the UK and EU, removing a big obstacle to a new deal over the levy due to come