Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. European capitals face US pressure to broaden and reinforce their sanctions on Hamas, as Washington pushes for a tougher financial clampdown on the group. US deputy Treasury secretary Wally Adeyemo said in London on Friday
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas has admitted surprise that its brutal attack on Israel this month prompted a muscular US response, with Washington deploying carrier strike groups, air-defence systems and thousands of troops to the region. Ali Barakeh, a
The Municipal Securities Rulemaking Board has approved its first fees under its new rate card model, which helps the board respond to market pressures and adjust yearly rates accordingly, and expects to file those changes with the Securities and Exchange Commission within a month’s time. Of the four fees the board collects from regulated entities,
Researchers from Florida Atlantic University and the University of Mississippi recently published research indicating that blockchains with “full” blocks — especially when there’s a transaction queue — appear to have an added layer of protection against nefarious actors, money launderers and would-be fraudsters. Dubbed “Bitcoin Blocksize, Custodial Security, and Price,” the team’s paper takes a
As Hamas militants stormed into the kibbutz of Nir Oz, Chaim Peri hid his wife behind a sofa and surrendered himself to the masked fighters. For more than a fortnight, the 79-year-old’s family had no idea if he was dead or alive. Then came word from Yocheved Lifshitz, a neighbour and one of two women
Market data platform SOLVE has introduced a public finance workflow solution that shows historical scales for all muni deals, allowing for spread comparisons of where a deal priced in the past to where it might price in current market conditions. The firm’s clients wanted a tool to deliver deal-based spreads on their terms, said Gregg
With a reputation for having been the home of two early U.S. presidents, Charlottesville, Virginia, is steeped in history. Yet, only some things may be as old as they look. For example, a luxury 140-acre compound built in 2000 takes its style cues from historic estates while doubling down on modern-day luxuries. Eaglecrest, as it’s
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Former UK prime minister Boris Johnson is joining GB News as a presenter, programme maker and commentator in a coup for the right-leaning broadcaster after a recent series of scandals and regulatory investigations. GB News,
Bitcoin (BTC) surfed $34,000 at the Oct. 27 Wall Street open as attention turned to BTC price performance against macro assets. BTC/USD 1-hour chart. Source: TradingView Bitcoin range faces weekly, monthly close Data from Cointelegraph Markets Pro and TradingView showed BTC/USD holding steady, preserving its early-week gains. The largest cryptocurrency avoided significant volatility as the
Chris Wattie | Reuters The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting next week, even though the central bank’s preferred inflation indicator remains well above the 2% target rate. Late last month, Fed Chair Jerome Powell said ”inflation is still too high,” raising expectations that another rate hike may
The city of Pawtucket, Rhode Island, lost its minor league baseball team, the PawSox — the triple-A affiliate of the Boston Red Sox — back in 2021 after an affiliation of more than 45 years. The team moved to nearby Worcester, Massachusetts, after Pawtucket couldn’t manage to put a deal together to build a new
Oklahoma’s Council of Bond Oversight approved up to $560 million of revenue bonds Thursday for the state’s Grand River Dam Authority (GRDA), which is expected to start issuing the debt later this year. Proceeds will finance repairs and improvements, including a natural gas-fired generating unit to replace the authority’s last remaining coal-fired unit, as well
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sam Bankman-Fried admitted to making “a number of larger mistakes” when running his cryptocurrency exchange FTX but denied defrauding customers as he took the stand in front of a New York jury in his own
The stately mansion has the type of presence one would expect in an affluent part of Washington D.C.: traditional, elegant and tidy. Yet beyond the restrained presence from the curb, the stone façade and the four-column entrance is a residence that delivers in big ways. Consider the mammoth size. This is not just a home
In 1978, the Cultural Revolution was over and all across China young people who had been ordered by Mao Zedong to labour in the countryside were making their way to the nation’s cities. Among the first students to enrol in Beijing’s prestigious Peking University was a young Li Keqiang, the future premier of China who
Stay informed with free updates Simply sign up to the UK banks myFT Digest — delivered directly to your inbox. The writer is the author of several books on the City and Wall Street The abolition of a bankers’ bonus cap in the UK last week sets up a classic “heads we win, tails we
Bitcoin’s (BTC) rise to as high as $35,000 this week has also lifted a number of memecoins, including Floki (FLOKI), which has beaten its top rivals in percentage gains. FLOKI price up 140% amid Bitcoin ETF hype, TokenFi launch As of Oct. 27, FLOKI had surged over 140% to $0.00004261, its highest level in five
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. If you are opening a restaurant that sells sirloin steaks for £760 each, you must pick your spot carefully. So Aragawa, a Japanese steakhouse that opened in Tokyo in 1967, has come to Clarges Street
Cryptocurrency hardware wallet provider Trezor is investigating a recent phishing campaign, as users have reported receiving phishing emails. The anonymous blockchain sleuth ZachXBT took to his Telegram channel on Oct. 26 to alert users to a phishing attack targeting Trezor customers. ZachXBT referred to an X (formerly Twitter) post from the account JHDN, which alleged that Trezor
Christine Lagarde hands over a small white paper bag with something surprisingly heavy inside after sweeping through the restaurant with her customary assured elegance. Taking off her black leather gloves before shaking hands — there’s a slight chill on this overcast day in Frankfurt — she explains: “It is marmalade I made with grapefruits from
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. JPMorgan chief executive Jamie Dimon will sell 1mn shares in the bank next year, the first time he has reduced his personal stake in the group since joining nearly two decades ago. At current market