Squaring Circle

Todd H. Baker is the managing principal at Broadmoor Consulting and senior fellow at Richman Center for Business, Law and Public Policy at Columbia Business School and Columbia Law School. Circle Internet is the issuer of USDC, one of the largest fiat-backed stablecoins in the world, with around $43bn in circulation. The company filed an … Read more

Britain’s quantitative tightening will hurt us for a long, long time

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Christopher Mahon is head of Dynamic Real Return in Multi-Asset Investing at Columbia Threadneedle Investments. Last month, FT Alphaville published our estimates that the Bank of England’s quantitative easing programme cost over 5 per cent … Read more

Has gold peaked?

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

Fund management needs to make digital shift

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chief financial officer at Schroders Advances in a range of technologies have brought the investment industry to the brink of a major step into the future. The evolution of artificial intelligence, big … Read more

Oil sanctions could undercut US power

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Almost 600 years ago, when the Ottomans conquered Constantinople, they learnt the danger of imperial over-reach. In a bid to punish the European merchants they disliked, the Ottomans imposed fees and sanctions on … Read more