The last few years have been wild for markets, from the Covid-triggered collapse in March 2020, the swift stimulus-soaked recovery and the renaissance of day-trading, to the present resurgence of left-for-dead value stocks. One of the best ways to sum up just how incredibly powerful the ebb and flow of market trends has been lately
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Good morning. During the first lockdown I started having Friday night drinks via Houseparty, the shortlived video messaging service, for the New Statesman politics desk, at 5pm. So it’s official: I am demonstrably a tougher boss than Boris Johnson. Get in touch at the email address below. Inside Politics is edited by Georgina Quach. Follow
Australia’s Liberal party, the dominant member in a Coalition government that has ruled the country for almost a decade, looks set to lurch further to the right after last weekend’s election devastated its moderate parliamentary wing. Labor leader Anthony Albanese ousted Scott Morrison as prime minister in an election in which the Liberal-led Coalition won
Good morning and welcome to Europe Express. The European Commission is set to unveil plans today to toughen the enforcement of its sanctions regime. One of the aims of the new measures is to better pave the way for Russian asset seizures — a legal minefield that has seen a plethora of creative solutions. We’ll
Republicans in Georgia have defied Donald Trump to vote overwhelmingly for two of the party officials whom the former president holds most accountable for his 2020 presidential election defeat. Brian Kemp will seek a second term as Georgia governor after a convincing win over his main rival David Perdue, while Brad Raffensperger, Georgia’s secretary of
This is an audio transcript of the FT News Briefing podcast episode: America’s hiring headache Marc FilippinoGood morning from the Financial Times. Today is Wednesday, May 25th. And this is your FT News Briefing. [MUSIC PLAYING] Hungary’s prime minister has declared a state of emergency. Australia’s new prime minister is facing big challenges like China
I cancelled an online streaming service recently. Well, I tried to. My first attempt failed to navigate the repeated offers and “are you sure?” prompts in the process. My recipe box comes much less often. I’ve cancelled one beauty subscription and downgraded another. I decided against kitchen roll deliveries because, really, do I need another
Happening today: It’s not too late to attend our second DD: Dialogues online event on Wednesday. Join FT columnist Simon Kuper at 15.30 BST/10:30 EST for a conversation with journalist David de Jong on his groundbreaking investigation of how the Nazis helped German tycoons make billions from the horrors of the Third Reich. Register for
The Financial Times’ narrative podcast about business and finance is back, with a new host, Michela Tindera. Every week starting today, May 25, we’ll dive into one story about business, money and power. In our first episode, we’re talking about crypto and wondering: is a “vibe shift” under way? Bitcoin’s price has been dropping for
This is an audio transcript of the Behind the Money podcast episode: A crypto vibe shift? Michela TinderaCryptocurrency prices have been dropping since late 2021. But for one week in mid-May of this year, something particularly dramatic happens. Ethan WuIn crypto, things tend to fall apart pretty quick. Michela TinderaThat’s Ethan Wu. He co-writes Unhedged.
You can enable subtitles (captions) in the video player Good afternoon, and welcome to today’s FT Future Forum and Board Director event. I’m Andrew Hill, senior business writer at the Financial Times. And I’m delighted to be able to interview and introduce to you this afternoon four-star General Stanley McChrystal, who I was embarrassed to
It has been two years since the police murder of George Floyd on an otherwise unremarkable street corner in Minneapolis, and still the protesters come. Every day since then-officer Derek Chauvin knelt on Floyd’s neck for nine minutes, squeezing the life out of him and provoking a national reckoning on race and policing in America,
Kazuko Miyamoto’s sculptures cling to surfaces like mutant spider webs, fusing nature and geometry. Lengths of black string run from nails on the floor to nails on the wall, forming tight screens that swoop, cascade or twist in sleek parabolas. Their aura changes, depending on how you look at them. From a certain angle, one
This is the second in a three-part series on the booming labour market in the US Across the US, small and large employers in nearly every industry are asking the same question: where are all the workers? Desperate to hire as the US economy has rebounded at a historic pace from one of its worst
Hedge funds that use powerful computers to run their portfolios are making huge profits in this year’s market turmoil, marking a resurgence for a sector trying to recover from a long stretch of weak performance. Trend-following hedge funds, which use mathematical models to try to predict market movements, had struggled for years in an era
Sara Tauxe had been fretting about a warning from her energy supplier that her monthly bills would more than double to £249 if she did not submit meter readings proving lower usage. Even after April’s hike to Britain’s energy price cap, the 52-year-old single mother, who was used to paying just under £100 a month,
Just 25km of terrain remains before Russia completely encircles a fiercely contested pocket of Ukrainian resistance in the eastern Donbas region, where Moscow has stepped up its offensive over the past month. For days, punishing artillery strikes have crumbled Ukrainian defences around the city of Sievierodonetsk, the area where “the greatest activity of hostilities is
The writer is professor of law at the American University Washington College of Law In the wake of the collapse of one of the world’s biggest so-called stablecoins, people are asking the wrong questions. Stablecoins are touted as the safer part of the crypto market, designed to hold a constant value per coin of $1.
It is tempting to want to punish the enablers of London’s laundromat with the strictest possible restrictions on the services they can offer to Russia-linked businesses. If only it were that simple. Earlier in the month, the foreign secretary unveiled a “ban on services exports to Russia”. Beyond a commitment to “cut off Russia’s access
Few celebrities seem to elicit the kind of dewy-eyed adoration from such a broad spectrum of people as Kylie Minogue. The Australian megastar, known to most as Kylie, first won fans over as the fiery yet lovable Charlene Robinson in soap opera Neighbours in the 1980s, before morphing into a singing sensation, creating disco-infused pop
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