Fin'l Times

Natalie Harp, the devoted ‘human printer’ in Trump’s entourage

The executive aide’s relationship with the president symbolises a broader sycophancy around him...

2 hours ago

Citadel offloads 80% of portfolio scooped up from Situational Awareness

Ken Griffin’s hedge fund has executed more than $4bn worth of block trades...

2 hours ago

US and Canada haggle over trade deal as midnight tariffs threat looms

Officials talk up prospect of agreement after Trump paused $20bn of new levies on North American trading partner...

2 hours ago

Apple paid $17bn in taxes to Ireland after court ruling on back levies

New filings highlight iPhone maker’s global tax liabilities...

4 hours ago

Bitcoin and gold surge as Bessent’s bond market intervention weighs on dollar

World’s biggest cryptocurrency on track for best week in more than three years...

6 hours ago

Samsung to return record $80bn to shareholders

South Korean chipmaker has come under pressure to distribute more of its bumper profits from AI boom...

8 hours ago

Feminism didn’t kill the male breadwinner model, the economy did

Young non-graduate men face unique setbacks...

13 hours ago

What is Bessent doing with the $32tn Treasury market — and will it work?

US Treasury secretary has made a high-stakes bet he can beat back soaring borrowing costs...

18 hours ago

Guggenheim loan trades in distressed territory after investor call

Chief executive Mark Walter’s business empire has come under pressure amid probe into his insurance holdings...

22 hours ago

Quant funds rocked as Treasury boosts buybacks and Moderna shares leap

Tumultuous session puts further pressure on momentum trades that have been unsettled since AI-related stock sell-off...

23 hours ago

The US Treasury is buying long bonds, but not very many

Speaking loudly but wielding a teeny-tiny stick in...

23 hours ago

Walmart shares tumble as sales growth slows to six-year low

Retailer to use almost $2.9bn in tariff refunds to deliver price cuts for squeezed American consumers...

1 day ago

Western oil refinery closures set to continue despite war shock

North America and Europe to lose further capacity to turn oil into petrol, diesel and jet fuel because of investor wariness...

1 day ago

US long-term bonds slide as Bessent intervention fails to soothe investors

Yield on 30-year Treasuries rises despite move to ‘at least double’ purchases of securities...

1 day ago

From balloons to pans: in praise of useful tech

Companies developing new materials with previously unknown properties could change the material world...

1 day ago

Investors cut bets on US and UK rate rises

Weaker economic data has changed expectations despite a rally in oil prices...

1 day ago

Trump is losing his war of independence on rare earths

Inefficiency, untrustworthiness and cronyism are weakening the administration’s plans to stand up to China...

1 day ago

Trump announces new drive to isolate and crush Iranian economy

UAE, long a crucial trading hub for Tehran, has also suspended commercial ties...

1 day ago

Russian missile attack kills at least 13 in Kyiv

Strikes come as Ukraine struggles with a shortage of Patriot interceptor missiles...

1 day ago

Founder of collapsed Chinese property giant given life sentence

Evergrande chair Hui Ka Yan jailed following developer’s default almost five years ago...

1 day ago

The slow sucking sound of AI

Searching for signs of crowding out...

1 day ago

North Korea dismisses Trump overture

Kim Jong Un’s sister casts doubt on claim there has been communication between Pyongyang and Washington...

1 day ago

Trump proposed reviving the Keystone XL pipeline. Does Canada still want it?

The bilateral relationship has soured significantly since the project was first proposed two decades ago...

1 day ago

Hudson River posts $11.4bn trading windfall as it seizes on market tumult

Wall Street firm benefited from swings in AI stocks and volatility triggered by Iran war...

1 day ago

US government debt hits $40tn as borrowing rises at historic rate

Public spending surges despite Donald Trump’s vow to stabilise America’s public finances...

1 day ago

Fed officials express rising concern over persistently high inflation

Minutes from July central bank meeting show ‘many’ policymakers are prepared to increase borrowing costs...

1 day ago

Moderna’s cancer shot: exciting for investors, inconclusive for patients

A glimmer of hope for sufferers, a potential revenue platform for a cash-burner, and a whole heap of unknowns...

2 days ago

US Treasury to double buybacks of long-term government debt

Sharp sell-off in recent weeks has sent borrowing costs soaring...

2 days ago

Moderna share price doubles on melanoma vaccine trial success

Company’s melanoma cancer vaccine being developed with Merck...

2 days ago

Europe should wish Marco Rubio a bright future

Americans who support reckless wars are sometimes also the likeliest to defend Europe...

2 days ago

Ukraine anti-corruption team raids home of top Zelenskyy aide

Searches come hours after ousted defence minister launches a blistering attack on wartime president...

2 days ago

Chinese humanoid robot maker surges 600% in trading debut

Unitree makes stellar start in Shanghai as investors clamour for shares...

2 days ago

Iran eyes military targets in Europe if Trump escalates war, insiders say

Proposals to retaliate against US assets beyond the Middle East come as many in Tehran see renewed conflict as inevitable...

2 days ago

Venezuela abandons Nicolás Maduro to fate in US jail

Government makes no mention of freeing former leader after nearly two weeks of talks...

2 days ago

Global food security may be collateral in Ukraine war

Moscow and Kyiv’s attacks on one another’s agricultural exports could result in a worldwide grain crisis...

2 days ago

Mark Walter sought loan from Apollo backed by Lakers stake

Talks over the financing continued until Guggenheim chief reached a deal to sell the holding in the basketball team...

2 days ago

Soaring diesel prices rip across US economy

Rising fuel costs threaten new jolt of inflation ahead of November’s midterm elections...

2 days ago

Israeli strikes on Syrian air base criticised by US and Turkey

Bombing of military site is ‘an unnecessary escalation’ and underlines regional tensions over Damascus regime...

3 days ago

Government borrowing costs hit multi-decade highs

Fears over inflation and AI issuance spur bond sell-off...

3 days ago

OpenAI adds stricter controls for teens on ChatGPT amid backlash

AI start-up overhauls its chatbot for young people after high-profile lawsuits...

3 days ago

Seoul rattled by Trump’s threat to drills at heart of US alliance

US president’s eleventh-hour demand to ‘reduce’ annual exercises and praise of Kim Jong Un unsettles ally...

3 days ago

Trump ballroom official held quiet Kremlin talks

Rodney Mims Cook Jr showed Russian officials pictures of his ‘dacha’ at Vladimir Putin’s flagship economic forum...

3 days ago

Mark Carney in last-ditch effort to avoid Trump’s latest tariffs

Canadian prime minister plans call with US president before a Wednesday deadline for levies on $20bn of trade...

3 days ago

Chelsea shareholders Walter and Boehly in talks to sell stakes to Clearlake

Negotiations come amid clashes over strategy and as Walter’s business empire faces scrutiny from regulators...

4 days ago

Crime and punishment in the Middle East

Lebanon and Syria are trying to improve the application of justice but challenges remain...

4 days ago

US tech stock correction likely, warn ECB economists

Boom-bust pattern could become ‘question of financial stability’ for euro area, central bank team writes in blog post...

4 days ago

The realignment of the Middle East

Iran conflict is reshaping alliances in a way neither America nor Israel foresaw...

4 days ago

Kushner to hold talks with Netanyahu after meeting Hamas leader

Donald Trump’s son-in-law and envoy is pushing Washington’s peace plan for Gaza...

4 days ago

Trump orders Pentagon to scale back military drills with South Korea

US president claims joint exercises send a ‘hostile’ message to North Korea...

4 days ago

Private credit under strain as troubled loans swell

FT analysis shows signals of stress in the market are back to levels last seen in 2017...

4 days ago