Today In The Markets

Stay informed with free updates Simply sign up to the Labour Party UK myFT Digest — delivered directly to your inbox. This article is an on-site version of our Inside Politics newsletter. Sign up here to get the newsletter sent straight to your inbox every weekday Good morning. Labour has won the Rutherglen by-election, exceeding

Stay informed with free updates Simply sign up to the Exxon Mobil Corp myFT Digest — delivered directly to your inbox. ExxonMobil is in talks to buy Pioneer Natural Resources in what would be the oil major’s biggest acquisition in more than two decades, according to people familiar with the matter. Exxon’s targeting of Pioneer,

Stay informed with free updates Simply sign up to the Personal Finance myFT Digest — delivered directly to your inbox. Who would have believed that one of the most useful aphorisms in the history of investing would have come from Donald Trump’s fraud trial in New York’s supreme court this week? “There are many ways

Receive free Data Points updates We’ll send you a myFT Daily Digest email rounding up the latest Data Points news every morning. If you’ve spent any time online in the past few years, you’ll be familiar with the idea that millennials and baby boomers are locked in a ferocious civil war. Boomers are selfish and

Receive free Innovation updates We’ll send you a myFT Daily Digest email rounding up the latest Innovation news every morning. My pandemic pursuits included hula-hooping, song writing and covering my kitchen surfaces with aluminium foil to stop two kittens from stealing my meals. (It didn’t work.) Others took a more lucrative approach: countries including the

Rishi Sunak cast his scaling back of the UK’s flagship HS2 rail project as the beginning of a revival for British transport, promising investment “that will make a real difference” to the country. But his decision this week to cancel the northern leg of HS2 sent shockwaves through a UK rail industry already struggling with the

Receive free UK by-elections updates We’ll send you a myFT Daily Digest email rounding up the latest UK by-elections news every morning. The Labour party has won almost 59 per cent of the vote in a by-election in Scotland, a result that exceeded the opposition’s own expectations and buoyed hopes for Sir Keir Starmer’s party

The US will resume deporting Venezuelans who have entered the country illegally, the State Department announced on Thursday afternoon. “This decision is consistent with the administration’s efforts to implement a strategy of humane, safe, and orderly enforcement of our immigration laws,” a State Department statement read. Venezuela, which is mired in economic and political crisis,

Your browser does not support playing this file but you can still download the MP3 file to play locally. Rishi Sunak is pitching himself as the change candidate at the next election with a raft of policy shake-ups – but does the substance match the rhetoric? The FT’s Whitehall editor Lucy Fisher is joined by

Receive free UK politics updates We’ll send you a myFT Daily Digest email rounding up the latest UK politics news every morning. The Labour party has spent £1.4mn in legal fees on a bitter dispute with five former staff accused of leaking an internal report and expects to spend another £868,000 as the case progresses,

When Rishi Sunak announced on Wednesday that he was scrapping the multibillion-pound HS2 railway line to Manchester, while standing in a former train station in the same city, the immediate cry from northern leaders and businesses was one of betrayal. The UK prime minister and his aides, however, use focus groups to test their policies

Receive free US interest rates updates We’ll send you a myFT Daily Digest email rounding up the latest US interest rates news every morning. A surge in US borrowing costs has bolstered investors’ conviction that the Federal Reserve is finished raising interest rates, after months of aggressively increasing them in a historic battle against inflation.