Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The US dollar hit a four-year low on Tuesday, as President Donald Trump’s erratic domestic and foreign policymaking further undermined global investors’ confidence in US assets. The greenback dropped 0.9 per cent against a basket … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Donald Trump defended Kristi Noem on Tuesday amid growing calls for the president to fire his homeland security secretary over her handling of the White House’s mass deportation efforts. Asked whether Noem would … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anthropic is set to raise about $20bn from venture capitalists and other investors, double the amount it had targeted in a sign of surging investor enthusiasm for the high-profile AI start-up. The fundraising deal, which … Read more
Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world US consumer confidence has collapsed to its weakest level in more than a decade, outstripping its pandemic lows and fuelling concerns about the health of the world’s biggest economy. The Conference Board’s consumer … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Since last Friday, when the US Treasury conducted a so-called “rate check” of market participants, the yen has jumped from around ¥159 per dollar to hold levels close to ¥153. It is a sizeable move, … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US health insurance stocks plunged on Tuesday after the Trump administration said it would throttle spending on a popular government-funded scheme for older Americans. UnitedHealth and Humana, the largest providers of government-subsidised insurance plans known … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran’s president has begun implementing emergency measures to shore up supplies of essential goods and keep government running in case of new attacks on the country by the US or Israel. In a meeting on … Read more
Before it became the backdrop to a horrific shooting last week, Minneapolis’s Nicollet Avenue was most famous for its remarkable variety of ethnic restaurants. German fare has been served at Black Forest Inn since 1965, and in the years since diners have flocked to waves of new immigrant-owned restaurants dishing out Vietnamese bánh mì, Chinese … Read more
Stay informed with free updates Simply sign up to the Travel & leisure industry myFT Digest — delivered directly to your inbox. The Treasury is to hand the struggling pub sector a new support package worth around £100mn a year after being warned of mass closures and job losses unless relief is provided. The relief … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private credit firms sold a record amount of debt to themselves last year as the buyout sector’s slowdown pushed them to find new ways to generate cash from loans to companies owned by private equity. … Read more