Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hundreds of patients left al-Shifa hospital in Gaza City on Saturday morning, as Israeli officials stepped up their calls for civilians to head towards a “safe zone” in the south-west of the enclave. The health
In this article Follow your favorite stocksCREATE FREE ACCOUNT A pedestrian passes a Wall Street subway station near the New York Stock Exchange (NYSE) in New York, U.S., on Monday, June 27, 2022. Money managers betting on a sustained global rebound will be left sorely disappointed in the second half of this crushing year as
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The upheaval that hit the top ranks of pioneering AI company OpenAI on Friday has brought something that, only a day before, would have been hard to imagine. Leadership in generative artificial intelligence, the tech
In the baying arena of the House of Commons, Rishi Sunak seemed lost for words. What, a Labour MP asked, did the British prime minister consider to be the finest foreign policy achievement of his new foreign secretary, David Cameron? “There are many, many to pick from,” Sunak floundered. Was the Eurosceptic PM really going
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Jim Chanos, Chanos & Company, at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Renown short seller Jim Chanos will be converting his hedge fund Chanos & Co., to a family office and advisory business, CNBC has learned. The investor, best known for
Fidelity, an asset management firm overseeing $4.5 trillion in assets, has become the latest firm to seek approval for a spot Ethereum (ETH) exchange-traded fund (ETF). In a filing with the United States Securities and Exchange Commission (SEC) on November 17, Fidelity proposes to list and trade shares of the Fidelity Ethereum Fund on the Cboe BZX
The decentralized finance (DeFi) market has been one of the most exciting and volatile sectors in the crypto outside of Bitcoin (BTC). In 2020, the DeFi sector experienced a bull market that saw the total value locked (TVL) in decentralized finance protocols surge from $1 billion to over $100 billion. However, the DeFi market has
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chancellor Jeremy Hunt has vowed that he will not do anything that undermines “the battle against inflation” in his upcoming Autumn Statement, as politicians on the right of his party demand steeper tax cuts. Hunt
Former US president Donald Trump leaves the court room of the State Supreme court on the first day of his civil fraud trial on October 2, 2023 in New York City. Kena Betancur | AFP | Getty Images A New York judge on Friday denied a request by Donald Trump and his co-defendants for a
Moody’s Investors Service affirmed its negative outlook on mass transit, highlighting Bay Area Rapid Transit as an example, even after the San Francisco rapid transit system announced it had received state funding. BART, a San Francisco Bay Area rapid transit system, announced on Wednesday that it would receive $352 million from the Metropolitan Transportation Commission
With the acceleration of technology in all markets, firms are trying to create solutions to process data — from issuer offering documents and continuing disclosures to trades and pricing and evaluations — and turn it into digestible, usable forms. For an illiquid, over-the-counter market with more than 50,000 issuers and a million securities outstanding, challenges
While pursuing his doctorate in economics at Columbia University, Oliver Giesecke came across several challenges as he was researching and collecting data on the muni market. Either it wasn’t available or it was incomplete or at times, misleading. In an effort to provide more and clearer data on certain attributes of the muni market, Giesecke,
Municipals improved Friday to close out a week of more gains despite some U.S. Treasury volatility, positioning the asset class to see historically high returns for the month. Equities ended up near the end of the trading session. Triple-A yields fell up to four basis points, depending on the curve, outperforming a mixed UST market,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Moments of clear agreement in markets are rare and typically fleeting. This week saw one, however, when soft US inflation data convinced investors that the Federal Reserve will not raise interest rates in December. Any
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI co-founder Sam Altman has left the company abruptly after losing the confidence of the board, according to a statement on Friday from the Microsoft-backed artificial intelligence pioneer. “Mr Altman’s departure follows a deliberative review
The prospect of a spot Bitcoin (BTC) exchange-traded fund (ETF) being approved soon in the United States has increased demand for the major cryptocurrency, leading to a surge in transaction fees. The Bitcoin blockchain reached $11.6 million in fees paid on Nov. 16 according to statistics from CryptoFees. At the time of writing, YCharts data
The leaders of the world’s two superpowers had earlier wrapped up four hours of talks in San Francisco when the US president pulled out his phone and showed his Chinese counterpart a photo. “Do you know this young man?” Joe Biden asked, according to Chinese state media. “Yes,” replied Xi Jinping, smiling. “That was me
In the quest to lure employees back to the desks they abandoned during Covid, office building owners and employers have tried everything from ping pong and billiard tables to comped lunches and free beer. Lately another gambit has floated, one leveraging the novel idea office workers will be more inclined to return to offices adorned
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Saudi Arabia is preparing to prolong oil production cuts into next year as Opec+ weighs further reductions in response to falling prices and rising anger over the Israel-Hamas war. After prices hit a four-month low
“It won’t change the price of fish” my old boss David Cameron used to say, if aides panicked over something which was tricky but ultimately insignificant. His comeback as foreign secretary is part of Britain’s slow return to something which feels more stable, less petty and more outwardly focused than it has felt since his
Donald Trump is stepping up plans for a possible second term in office, and will focus on rooting out political foes, slapping billions of dollars of new tariffs on imports, dramatically restricting immigration, and scaling back US involvement in overseas wars. The former president has a strong lead in the polls over his rivals in