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Robert E. Ginna Jr., a founding editor of People magazine, a book editor and a film producer whose 1952 Life magazine article provoked a frenzy by validating the idea that flying saucers might exist and could have visited Earth from outer space, died on March 4 at his home in Sag Harbor, N.Y. His death … Read more
When interest rates are high people are supposed to think twice about borrowing. When they’re low, they’re supposed to be whipping out the metaphorical (or literal) credit card. This is the central idea underpinning central banks‘ monetary policy fiddling. Of course, central banks only set the short-term interest rate. Bond yields, while anchored by central … Read more
This article is an on-site version of our Energy Source newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday and Thursday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning, and welcome back to Energy Source, coming to you from New York. Greenpeace has been ordered to … Read more
This article is an on-site version of Free Lunch newsletter. Premium subscribers can sign up here to get the newsletter delivered every Thursday and Sunday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters This week presidents Donald Trump and Vladimir Putin “negotiated” the future of Ukraine over the heads of Ukraine … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is founder and chief executive of Everett Capital Advisors and chair and co-founder of Agio Ratings Digital assets are going mainstream, turbocharged by recent endorsements from the US administration. If properly implemented, a … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Interest payments are swallowing the biggest portion of rich nations’ economic output since at least 2007, outstripping their spending on defence and housing, according to figures from the OECD. Debt service costs as a percentage … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK financial regulator has fined the London Metal Exchange £9.2mn for having inadequate controls during a week of chaotic trading in the nickel market in 2022. In a statement on Thursday, the Financial Conduct … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Tesla has now lost about half its value since its December peak and still trades at over 100 times earnings. But wherever there’s a falling knife, there’s a day trader poised to catch it. JPMorgan … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The London price of copper climbed to a five-month high on Thursday, surpassing $10,000 per tonne as growing demand and the threat of tariffs fuelled buying. Three month futures on the London Metal Exchange for … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There’s an old line about those who can see a bandwagon have already missed it. In the case of Europe’s stock markets, which are becoming an exciting investment destination, that’s only partly true. Investors in … Read more