President Trump on Saturday said that he planned to withdraw his nomination of Jared Isaacman, a billionaire entrepreneur and close associate of Elon Musk’s, to be the next NASA administrator, days before Mr. Isaacman’s expected confirmation to the role by the Senate. Mr. Trump in recent days told associates he intended to yank Mr. Isaacman’s … Read more
A geomagnetic storm is expected to set skies aglow in the northern part of the United States on Sunday night into early Monday morning, with the northern lights potentially visible as far south as Alabama to Northern California, according to the National Oceanic and Atmospheric Administration’s Space Weather Prediction Center. The geomagnetic storm reached severe … Read more
Marc Garneau, a former military officer who became the first Canadian to fly into space before pursuing a career in federal politics under Prime Minister Justin Trudeau, becoming the country’s foreign minister, has died. He was 76. His death was announced on Wednesday in a statement by his wife, Pamela Garneau, who said he had … Read more
After the relationship between President Trump and Elon Musk exploded into warfare Thursday, Mr. Trump suggested that he might eliminate the tech titan’s federal contracts. “The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do … Read more
Spacecraft and specialized telescopes have been studying the sun closely for decades, probing the secrets of its spots, flares and corona. But neither human nor robotic eyes had properly seen the north or south poles of the sun. On Wednesday, the European Space Agency released the first clear images of the sun’s south pole, 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 The writer is chief market strategist at Jefferies It was shocking to see how gloomy so many investment professionals have become over the past two months. Countless clients, colleagues and competitors simply could … Read more
Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US inflation rose less than expected to 2.4 per cent in May, even as President Donald Trump’s trade war fuels price pressures. Wednesday’s annual consumer price index figure was below the 2.5 per cent predicted … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Not a great start: This morning’s speech by the Bank of England’s Victoria, uh, Saporta was exciting for reasons that are mainly technical: as regular readers will know, FT Alphaville is unusually interested in UK … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Zara owner Inditex has failed to arrest a sales slowdown as it contends with Donald Trump’s trade war and a strong euro, sending shares in the world’s biggest fashion retailer lower on Wednesday. The Spanish … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Gold has overtaken the euro as the world’s second most important reserve asset for central banks, driven by record purchases and soaring prices, according to the European Central Bank. Bullion accounted for 20 per cent … Read more