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 US renewable energy groups fell on Thursday, as cuts to clean energy tax credits in President Donald Trump’s landmark tax bill proved more aggressive than expected. The bill, which narrowly passed … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Argentina’s libertarian President Javier Milei will scrap reporting rules that allowed tax authorities to minutely track people’s spending, aiming to mobilise billions of dollars of hidden savings to boost spending and dollarise the economy. Argentina’s … 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 When Republican congressmen first crafted their so-called “One Big Beautiful Bill Act”, some of US President Donald Trump’s advisers dubbed it the “Triple B” plan in internal meetings for brevity, or so I … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a maritime intelligence analyst One of the many barriers to successful trade talks between Washington and Beijing is China’s reliance on Iran and Russia for its oil, and the dangerous, unregulated and … Read more
Stay informed with free updates Simply sign up to the Climate change myFT Digest — delivered directly to your inbox. Droughts could wipe out nearly 15 per cent of economic output in the Eurozone, the European Central Bank has warned. Eurozone banks have €1.3tn of loans extended to sectors most at risk from potential water … Read more
Ajay Rajadhyaksha is global chair of research at Barclays. The Japanese government bond market was already having a bit of a springtime nightmare, but a poor auction of 20-year debt earlier this week has sent long-end yields soaring to their highest levels ever. Here’s a long-term chart of the 30-year Japanese bond yield. As you … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Phoenix Group, the UK’s largest savings and retirement business, is nearing a decision to rebrand as Standard Life, in a move that would bring the historic brand back to the London Stock Exchange. The FTSE … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of England should stay in its “swim lane” when tackling the financial risks of climate change and not interfere in the UK’s political debate around net zero carbon emissions, a senior official at … Read more
Stay informed with free updates Simply sign up to the US financial regulation myFT Digest — delivered directly to your inbox. It’s hard not to laugh (hollowly) at the state of financial regulation in today’s America. The shot, from the WSJ three days ago: SEC Chair Signals Investor Access to Private Markets Could Soon Broaden … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A group of big banks and other financial institutions are stepping up their efforts to tokenise global stock and bond markets by using solana, the blockchain best known for hosting the memecoins of Donald and … Read more