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...brooke.masters@ft.com Follow Brooke Masters with myFT and on X...
...Disillusioned: Five Families and the Unraveling of America’s Suburbs by Benjamin Herold, Penguin Press $32.00, 496 pages Brooke Masters is the FT’s US Financial Editor....
...“We are going to have a ‘world is not flat’ moment, when asset managers are going to realise we are not prepared to help people draw down,” said Bill Meyer, CEO of Retiree Inc, a retirement planning software...
...Bill Hagerty, the Republican senator from Tennessee who has criticised the SEC’s tougher enforcement stance on crypto, called the incident “unacceptable” in an X post....
...Chart du jour: Old masters Europe’s carmakers have been hit less hard by a slump in electric car sales — as they are lagging behind on electrification....
...Your credit card bills are higher. That’s the brake pedal. It’s meant to slow spending....
...While rates are rising, institutional investors such as pension funds and insurers typically buy short-term assets such as government bills and commercial paper directly because they can earn a slightly...
...The latter typically invests directly in Treasury bills and other short-dated debt instruments as interest rates are on the way up, because they can capture the rise in yields more immediately....
...“Nikki is on fire,” said Bill Strong, an investor and Haley donor. “She has earned it.”...
...Brooke Masters responds Ed, I agree that there is a lot of cynicism built into the attacks on TikTok....
...Biden has hardly addressed the master-creature question....
...Morgan Stanley also lost almost $1bn from the collapse in 2021 of Archegos, Bill Hwang’s family office, which caused enormous losses across several global investment banks....
...The scheduled UK attendees include HSBC’s Noel Quinn and Standard Chartered’s Bill Winters....
...US bank regulation: Last year’s regional banking crisis should serve as a wake-up call for banking regulators, argues Brooke Masters....
...Bill Richardson, the former US ambassador to the UN under Bill Clinton who became one of Washington’s top emissaries for talks with rogue regimes around the world to rescue detained Americans, has died aged...
...Like me, Rosemary George is now a self-employed Master of Wine and wine writer, having written 14 books....
...“Brussels and the masters of the dollar-financed leftists attack the sovereignty protection law because it aims to stop foreign influence via [US billionaire George] Soros,” he said in a post on Facebook...
...Meanwhile, Premier League chief Richard Masters last summer played down the prospect of playing competitive matches in the US....
...Obedient to their master, Senate Republicans failed to pass the bill. But the Senate did in the end pass one that would give assistance to Ukraine, Taiwan, Israel and the civilians of Gaza....
...Female Old Masters are out in force this winter....
...To be told I had whooping cough — an officially notifiable disease — felt akin to waking up in a Dickens novel where characters are succumbing to diphtheria or consumption (“Oh aye, master Robert is taken...
...No, but there’s only so much we can achieve given what Wilfrid Petrie, who ran French utility Engie’s British arm until 2019, calls the UK’s “lack of government commitment and master planning”....
...This could range from months on something like a Treasury bill to up to 30 years on a mortgage-backed security....
...Few sectors have suffered more in recent years than hospitality, from lockdown closures and staffing crises to inflation and crippling energy bills....
...The limits of AI: A short-lived retail crime wave linked to self-checkout systems is a warning about the unintended consequences of automation, writes Brooke Masters....
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