Hints and tips:
...Investors fear already-high spending has reduced Washington’s ability to shrug off the effects of a big increase in Treasury bond yields on budget plans....
...Amid pressure, the company has been paying out more for lobbying in Washington. Disclosures released last week showed the company spent $3mn in 2023, more than 10 times the amount reported in 2022....
...Kelly Professor of European Studies, Princeton University, Princeton, NJ, USIMF’s focus on pollution subsidies is misleading / From Philip Rossetti, Senior Fellow for Energy Policy, R Street Institute, Washington...
Annual rise in consumer price index slows more than economists had forecast
Expectations grow that Fed will halt interest rate rises as unemployment hits 3.8% and wage increases slow
...Plus, the FT’s Nicholas Megaw explains how investors use AI to decode what executives say on earnings calls....
...Standing just metres from a stand promoting American soyabeans exports, Nicholas Burns, US ambassador to China, was eager to emphasise his country’s contribution to one of the world’s biggest trade fairs...
...The NPG was founded to collect portraits for “the person represented rather than the merit of the artist”, but director Nicholas Cullinan’s judicious acquisitions square that circle — biography and great...
Dollar falls to 15-month low as Fed enjoys relative success at containing price rises
...Additional reporting by Nicholas Megaw in New York...
...Additional reporting by Kate Duguid in New York and Colby Smith in Washington The charts in this story have been updated to reflect revisions to historical data...
...Letter in response to this article: West is stuck in a rut of low ambition on climate policy / From Professor Lord Nicholas Stern, Chair, Grantham Research Institute on Climate Change and the Environment...
...US capital markets correspondent Nicholas Megaw crunches the numbers. We’re also reading . . ....
...Nicholas Wade, the former science editor of the NYT, is right to take the Wuhan lab theory seriously....
...Wall Street stocks slipped on Tuesday as traders looked for signs of a breakthrough to the impasse in Washington over the US debt ceiling....
...Garland’s father Nicholas was a political cartoonist, and the young Alex grew up in London in the company of reporters. Both he and his brother had foreign correspondents for godparents....
Unemployment rate dipped to 3.4% in April and average hourly earnings rose
...Stand-offs over the debt ceiling have become common in Washington in recent years....
...Additional reporting by Kate Duguid in New York and Colby Smith in Washington...
Regulators are increasingly cracking down on companies’ assertions about their ethical credentials
...Mainelli’s plan to put a spotlight on skills in areas such as science signals a change of emphasis from some of his predecessors, including the City’s outgoing leader Nicholas Lyons....
...Nicholas Hytner, the NT’s director from 2003 to 2015, underlines the difficulties, admitting the job has become a lot harder since his tenure. “The challenges are much more extreme,” he says....
...On Wednesday evening, Citigroup chief executive Jane Fraser said in an interview at the Economic Club of Washington DC that the US financial system remained healthy, outside of a few “idiosyncratic” events...
Fresh turmoil expected when results reveal just how badly midsized lenders’ earnings have been hit
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