Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters … Read more
In April, well-known runner and Republican senator Josh Hawley reintroduced his Preventing Elected Leaders from Owning Securities and Investments Act, which would ban members of Congress and their spouses from trading individual stocks. The act is tortuously named to spell out the surname of Nancy Pelosi, the longtime Congresswoman whose apparent stock market prowess (in … Read more
A decade ago, Indonesia produced only 6% of the world’s supply of refined nickel. Now, it has a de facto monopoly on the market. How did it happen? The FT’s Jakarta correspondent A. Anantha Lakshmi and FT’s commodities correspondent Camilla Hodgson examine what propelled this explosive growth and how China helped it happen. – – … Read more
The FT’s George Parker explains the winners and losers in UK chancellor Rachel Reeves’ spending review, the UK imposed the first western sanctions against Israeli government ministers,and Citigroup is poised to increase provisions for potential bad loans by hundreds of millions of dollars for the second quarter. Plus, US state and local governments are selling … Read more
The FT has uncovered dozens of suspicious shipments to Mexico, with millions of barrels of fuel falsely declared as industrial lubricant and unloaded by hose to trucks. Visual behind scroll card: An animated map shows tracks for vessels travelling from Houston and Beaumont in Texas, US to Altamira and Tampico in Mexico.
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. For a brief moment in the late 2010s, Monzo managed the seemingly impossible: it made a bank seem cool. For a certain subset of tech-literate young Britons, pulling out a “hot coral”-coloured Monzo debit card … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private market funds have underperformed large-cap US stocks over commonly measured time horizons for the first time in nearly a quarter of a century, as a slowdown in private equity dealmaking activity hampers the sector’s … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. High-frequency trading firm Tower Research Capital is planning to launch a fund for external investors as it looks to shift beyond the ultrafast strategies that have made it a big player in global stock markets. … 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 Cryptocurrency exchange Bullish has filed for a US initial public offering as the Peter Thiel-backed group seeks to tap surging investor demand for digital assets under the Trump administration. The company confidentially filed … Read more
Stay informed with free updates Simply sign up to the US financial regulation myFT Digest — delivered directly to your inbox. The US and Switzerland have ended a years-long stalemate over sharing information about client investments, a step that will allow Washington greater visibility into assets held in the European banking hub. The agreement comes … Read more