As convoys of Israeli tanks and armoured personnel carriers rumbled across wasteland into Gaza on Friday evening, it marked the beginning of a new phase in the war. Whether it will prove to be the full-scale invasion that Israel has been threatening, or more limited but sustained incursions into the besieged coastal strip, the escalation
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For college students and those nearing graduation, it’s common to think about the future, including their career. Every year, undergrads call, email, and communicate with me on social media to ask for advice. They’re typically focused on finding their first full-time paying job. While gaining employment and becoming self-sustaining is essential to cover living expenses,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel said its Gaza offensive was “advancing” after fighting through the night in a significantly expanded ground operation under the cover of an intense aerial bombardment that has knocked out most communications in the enclave.
An Israeli soldier on a tank near the border with Gaza © HANNIBAL HANSCHKE/EPA-EFE/Shutterstock The Israeli army’s latest incursion into Gaza appears to be its largest yet, in what military spokesperson Rear Admiral Daniel Hagari described as “advancing in the phases of the war.” The army still appears be within the northern edges of the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tesla owners must be choking on their kale smoothies. Auto insurers have rapidly boosted prices for electric vehicle cover in the past year, much more than for fossil fuel cars. Indeed, John Lewis has suspended
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Morgan Stanley’s soon-to-be chief executive Ted Pick and his two top lieutenants were granted restricted stock units that could net them tens of millions of dollars each in connection with their new roles. Morgan Stanley
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Heavy-hitting investors are snapping up US government bonds with longer maturities, betting the pain in the Treasury market is nearly over and an elusive slowdown in the US economy may be on the horizon. Money
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. More than a dozen Conservative MPs are seeking re-election in a different seat to the one they now represent, sparking an angry backlash in some quarters of Britain’s governing party. Internal Tory critics have accused
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. The S&P 500 stock index has fallen more than 10 per cent from the high point it touched earlier this year, meeting the popular definition of a market “correction” as investors fret about interest rates,
New York City has received a boost of state support as it seeks to head off a worsening affordable housing crisis, including an increase in the bonding capacity of the New York City Housing Development Corp. Gov. Kathy Hochul this week signed into law a trio of bills passed by New York’s Legislature leveraging state
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s military said on Friday night that its ground forces were ramping up their operations in the Gaza Strip, as its air force launched an intense bombardment that knocked out the enclave’s telecommunications systems. Israel’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a Palestinian poet, short story writer and essayist from Gaza During this war, whenever one discovers that a friend, colleague or “old” neighbour is staying in a place nearby, a feeling of
A new bridged token from cross-chain protocol LayerZero is drawing criticism from nine protocols throughout the Ethereum ecosystem. A joint statement from Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer, and Router on October 27 called the token’s standard “a vendor-locked proprietary standard,” claiming that it limits the freedom of token issuers. Today, we’re announcing
Bitcoin (BTC) has been trading above $33,600 for the past two days, indicating that the bulls are not rushing to the exit. After a sharp rally, if the price does not give up much ground, it may cause FOMO and ignite another round of buying. That could push the markets further into overbought territory. However,
Municipals were steady Friday ahead of an expected paltry new-issue calendar. U.S. Treasuries were firmer 10 years and in and equities were mixed after a volatile week of market-moving economic data and increasing geopolitical tensions in the Middle East while all markets await the Federal Open Market Committee’s November meeting. “Any chance of a dovish
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a senior counsellor at Centerview Partners, president emeritus of the Council on Foreign Relations and a former US diplomat To my Israeli friends: I won’t presume to say I understand all you
The Chainlink’s (LINK) token surged by a substantial 61.3% from Oct. 20 to Oct. 25, reaching a peak of $11.78 and marking its highest point since May 2022. LINK price then stabilized around $10.50, prompting investors to question the sustainability of this new price level. Chainlink (LINK) token price, 12-hour, USD. Source: TradingView It’s worth
A new stream of federal funding may find its way into office conversions and other efforts designed to boost the nation’s housing supply, and public finance officers are eyeing a renewed effort to finance homebuilding with new rules on Community Development Block Grants and the freeing up of federally-owned land. The new efforts were officially
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. At this ugly juncture of history, Sir Keir Starmer finds himself facing perhaps his most public test of leadership. His outrage at the Hamas atrocities of October 7, his belief that Israel must be allowed
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Divisions within the Labour party over Sir Keir Starmer’s stance on the Israel-Hamas war deepened on Friday after two prominent mayors and the party’s leader in Scotland broke ranks by demanding a ceasefire. Sadiq Khan,