Does Moody’s US downgrade matter?

Stay informed with free updates Simply sign up to the Capital markets myFT Digest — delivered directly to your inbox. On Friday, Moody’s pulled the trigger and stripped the US’s of its last top rating — downgrading it one notch from Aaa to Aa1. Some content could not load. Check your internet connection or browser … Read more

Robert Monks, founding father of shareholder activism, 1933-2025

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Robert AG Monks, who has died aged 91, was the inspirational founding father of American shareholder activism, an accomplished lawyer, prolific writer and successful businessman. With Nell Minow, his long-standing business partner and co-author, he … Read more

Investors brace for turbulence in Romanian markets as election looms

Investors are bracing for further turmoil in Romanian markets following a recent dramatic sell-off, as presidential elections this weekend cast uncertainty over how the country will tackle the biggest national budget deficit in the EU. Bonds and currency investors are positioned for the country to lose its investment grade status and for another drop in … Read more