Stay informed with free updates Simply sign up to the Workplace pensions myFT Digest — delivered directly to your inbox. Chancellor Rachel Reeves has put a review of pensions on hold after fears it could force employers to increase their contributions to staff retirement pots by billions of pounds. Reeves wants to avoid putting any
The writer, an FT contributing editor, is chief executive of the Royal Society of Arts and former chief economist at the Bank of England The world is more diverse and interwoven than ever before — economically, culturally, ethnically, generationally. This is largely the result of the postwar explosion in cross-border flows of goods and money, people
At a Christmas party this month for his All-In podcast, David Sacks took to the stage sporting a Russian-style fur hat and was ceremoniously gifted a Vladimir Putin calendar and a box of caviar. The Silicon Valley investor was riffing on his appointment last week as Donald Trump’s artificial intelligence and crypto “tsar”, while poking
In this article MSTR QQQ BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT MicroStrategy founder Michael Saylor speaks at the Bitcoin 2021 Conference in Miami on June 4, 2021. CFOTO | Nurphoto | Getty Images MicroStrategy, the preferred high beta play on the price of bitcoin, will join the Nasdaq 100 index, a move that could
<img src=”https://public.flourish.studio/visualisation/20783578/thumbnail” width=”100%” alt=”chart visualization” /> Municipals faced more selling pressure Friday but outperformed U.S. Treasuries ahead of a much lighter supply picture, which should buoy the asset class in the final weeks of the year. This week’s accumulated losses have pushed returns into the red for the month, but municipals are still faring better
Los Angeles Mayor Karen Bass has spent the past two weeks speaking about her administration’s achievements in her two years in office.Bloomberg News Los Angeles city leaders have some work ahead to close a $296.14 million deficit, according to a report City Administrative Officer Matt Szabo delivered to the City Council’s Budget, Finance and Innovation
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Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine’s military leadership has fired the commander who oversaw its operations in the eastern Donetsk region, where Kyiv’s defences are buckling as Russia pushes towards a key logistics hub. A Ukrainian official confirmed to
Last Sunday, Abdel Rahman was serving a 15-year sentence in a cramped cell in Syria’s notorious Saydnaya prison, after an altercation with a corrupt police officer last year in Damascus. By Friday morning, he was in the ancient market of the old city selling the newly adopted green Syrian flag — the one anti-Assad rebels
With costs escalating for a 15-year expansion program, the Oklahoma Turnpike Authority board approved a toll hike ahead of a $1 billion bond sale slated for early 2025. Oklahoma Turnpike Authority Ahead of a $1 billion bond sale early next year for an expansion program with rising costs, the Oklahoma Turnpike Authority hiked toll rates
The previous prime minister of France, conservative Michel Barnier, lasted just three months in office. Now President Emmanuel Macron is betting on another 73-year-old political veteran, the centrist François Bayrou, to navigate France’s political turmoil for longer. Bayrou, the mayor of the south-western city of Pau and a former minister, was one of Macron’s earliest
<img src=”https://public.flourish.studio/visualisation/20781708/thumbnail” width=”100%” alt=”chart visualization” /> The municipal market grew in the third quarter of 2024 amid the surge in supply while mutual funds, exchange-traded funds and foreign buyers increased their ownership of the asset class in the third quarter, Fed data shows. However, “muni holdings of all institutional investors, lead by banks, is still
“The Committee will hit the ground running in 2025,” said current and future Chairman Sam Graves, R- Mo. ”Our work will include working with President Trump to advance his infrastructure priorities, developing the next long-term surface transportation reauthorization, and reprioritizing policies that are consistent with the core purpose of infrastructure .U.S. House of Representatives The future of
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Russia appears to be withdrawing some of its Syria-based forces following the sudden fall of Bashar al-Assad’s regime, according to analysis of satellite photography and a Ukrainian intelligence assessment. Images captured by Maxar and Planet
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world We will soon find out whether Donald Trump has changed his tune on the dollar. In his first term, the comeback president had a clear preference for a weaker buck. On one notable
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s defence minister told troops to fortify their position in newly seized Syrian territory, making plans to send in reinforcements and equipment despite UN demands that the country retreat immediately. Since rebels toppled Bashar al-Assad’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 the author of ‘Uncharted: How to Navigate the Future’ Turnarounds are tougher than they look. The stories (always told backwards) suggest a single hero, usually male, rides into town, takes daring and
Chancellor Rachel Reeves came to office in July pledging to make stronger growth the number one mission of the new Labour government. Official figures on Friday underlined how far she is from achieving this ambition. After gaining momentum since 2023, output slipped back in September and October. The figures confirm that businesses and households shied
The Federal Reserve is expected to lower interest rates by another quarter point at the end of its two-day meeting on Dec. 18. That would mark the third rate cut in a row — altogether shaving a full percentage point off the federal funds rate since September. So far, the central bank has moved slowly as they recalibrate policy after
Share on Pinterest The Western diet, which is high in ultra-processed foods, is a major cause of chronic inflammation. Kseniya Ovchinnikova/Getty ImagesA new study found higher levels of inflammation in colorectal cancer tumors, suppressing the bodys ability to fight the disease.Researchers note the typical Western diet is a driver of inflammation, while other studies have
Stanley, the brand name whose cups became a cultural phenomenon in recent years thanks to the viral trend on TikTok, is recalling 2.6 million mugs due to dozens of people suffering burn injuries caused by a defect in the lid. The federal government announced on Thursday that Stanley was recalling 2.6 million of its 12-
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