Global central banks face a dilemma over whether to embrace stablecoins or promote alternatives to the new technology, as the US’s aggressive backing of privately issued tokens thrusts the fast-growing sector into the financial mainstream. This week, politicians in Washington are advancing legislation to ban the Federal Reserve from issuing a digital currency and provide … 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 said Coca-Cola had agreed to sweeten its signature soft drink with cane sugar in the US, in what could represent a major shift from its decades-long use of high fructose corn … 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 US dollar fell sharply on Wednesday after Donald Trump asked lawmakers whether he should fire Federal Reserve chief Jay Powell. A White House official told the Financial Times that Trump asked Republican … 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 Shares in an online gun retailer backed by Donald Trump Jr slid in a volatile market debut as investors assessed the latest push by the US president’s son into the so-called anti-woke economy. … Read more
New Clue to How Matter Outlasted Antimatter at the Big Bang Is Found Source link
Introducing P/BYD, an exciting new way to rationalise nonsense
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK government plans to overhaul regulation of the growing market for in-house insurance, cutting capital requirements for special entities set up by companies to protect themselves from business risks. Large companies have made increasing … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It has been a trying few weeks for Britain’s chancellor Rachel Reeves. The UK government reversed over £6bn of her planned savings on welfare payments. A teary appearance in parliament then added to speculation about … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Under the gilded ceiling of the Mansion House’s Egyptian Hall about 300 City grandees were asked to charge their glasses of Mâcon-Montbellet La Bergerie to the “health of the chancellor of the exchequer”. Rachel Reeves … 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’s financial regulator has fined Barclays £42mn for failing to properly manage money laundering risks on two occasions. The Financial Conduct Authority on Wednesday said Barclays had been fined for “failings in its financial … Read more