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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. SoftBank is planning to buy up to $1.5bn worth of stock in OpenAI to bolster its position in the $150bn artificial intelligence company as Masayoshi Son seeks to position the Japanese group as an artificial
After five months of plummeting public support and growing corporate anger, chancellor Rachel Reeves could hardly be blamed for wanting to share some good news on behalf of Britain’s Labour government. “Public services now need to live within their means because I’m really clear, I’m not coming back with more borrowing or more taxes,” Reeves
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Who is the butt of the joke here? Sotheby’s just sold a banana stuck to the wall with duct tape entitled “Comedian”. Cryptocurrency entrepreneur Justin Sun bought the artwork by Maurizio Cattelan for $6.2mn including
Stay informed with free updates Simply sign up to the Science myFT Digest — delivered directly to your inbox. The writer is a science commentator On Friday the UK parliament will vote on whether terminally ill individuals with mental capacity can ask for medical help to hasten death. If the assisted dying bill passes, the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors in Elon Musk’s takeover of Twitter are set to make a huge windfall from a surge in the valuation of his artificial intelligence company, reaping rewards from being loyal backers of the billionaire’s business
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. While wandering through the local supermarket, it was impossible to miss the cornucopia of food on display for this week’s Thanksgiving holiday. Enormous turkeys, stacks of pies and mounds of onions and sweet potatoes made
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Indian technology grandee Nandan Nilekani expects companies around the world will increasingly build their own smaller-scale artificial intelligence models to streamline operations and boost productivity, dampening hope of a substantial enterprise payday for more powerful
For Nelson Amenya, Adani Group’s “secret” attempt to take over Kenya’s main airport in a $1.85bn leasing proposal was always “one big red flag”. Now, the MBA student who exposed the Indian conglomerate’s proposal to run Nairobi’s international airport for 30 years, feels vindicated after the plan became a casualty of US criminal charges against
Standard Digital Standard & FT Weekend Print wasnow 38 € per 3 months The new FT Digital Edition: today’s FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China has put its defence minister under investigation in the latest corruption-related scandal to hit the top of the People’s Liberation Army, according to current and former US officials familiar with the situation. Admiral Dong
US Treasuries rallied and the S&P 500 closed at a record high as investors weighed the release of the minutes from the Federal Reserve’s November meeting and the prospect of tariffs on products from Canada and Mexico. The yield on the two-year Treasury was down 0.02 percentage points at 4.25 per cent on Tuesday afternoon,
€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT
Following more than a year of spiralling conflict between Israel and Hizbollah, the guns are finally due to fall silent after President Joe Biden announced that a US-drafted ceasefire agreement will take effect on Wednesday. If implemented, it will bring much-needed respite to Lebanon after months of relentless Israeli bombardment that has displaced about 1.2mn
<img src=”https://public.flourish.studio/visualisation/20497288/thumbnail” width=”100%” alt=”chart visualization” /> Municipals improved, outperforming small losses in U.S. Treasuries Tuesday, while equities closed with the Dow and S&P 500 hitting records. The day’s moves followed the Federal Open Market Committee meeting minutes that signaled the Federal Reserve will be cautious with further policy easing. If the economy progresses as expected,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israeli Prime Minister Benjamin Netanyahu has announced plans for a ceasefire with Hizbollah, raising hopes of an end to the year-long hostilities between Israeli forces and the Lebanese militant group. In a pre-recorded television address
Blackcat | E+ | Getty Images It’s no secret that homeowners often have higher net-worth than renters. But while renters face unique affordability challenges, there are still steps they can take to improve their financial standing. In 2022, the typical renter in the U.S. had a median net worth of $10,400, according to a new
Moody’s Ratings downgraded Manhattan, Kansas, bonds to A1 from Aa3 in the wake of a tardy audit and deteriorating finances. A tardy annual audit and deteriorating finances led Moody’s Ratings to downgrade the issuer and general obligation rating for Manhattan, Kansas, to A1 from Aa3 and warn the rating could be lowered further or even
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Russia’s rouble has plummeted to its lowest rate against the dollar since the first weeks of its full-scale invasion of Ukraine, as the currency felt the bite of new US sanctions against Gazprombank.
House Appropriations Chair Rep. Tom Cole, R-Okla., said disaster aid may be included in a short-term government funding bill this year.Al Drago/Bloomberg News Lawmakers will return to Capitol Hill next week to wrap up the 118th Congress with must-pass government funding and national defense authorization bills and fresh disaster funds on tap. The lame-duck session ending
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