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...Email me at philip.stafford@ft.com Join me and fellow colleagues at FT’s flagship Crypto and Digital Assets Summit on 8-9 May in London....
As mining rewards fall, transaction fees must rise
...“A lot of the time when people call Philip a minimalist I get so offended,” she says with a laugh, “because Philip is a maximalist to the extreme. Like, Philip maximises the shit out of those keys!”...
...Other companies: PepsiCo, Freeport McMoran, Halliburton, GE Aerospace, RTX, Lockheed Martin, NextEra Energy, UPS, Philip Morris, Spotify, General Motors and Kimberly-Clark are reporting earnings before the...
Assets in US index-trackers now outstrip those in stock selectors as investors opt for a smoother ride
Covid, costs and climate issues are forcing companies to cut back on work excursions
...Private equity halts stake sales amid war in Gaza It is not just students at America’s top universities protesting Israel’s war in Gaza....
...Alongside its historic focus on North America and the Caribbean, Virgin Atlantic has also expanded into India, hoping to capitalise on the country’s growing economy and population, and diaspora, many of...
...Charts are conservative on purpose; the Corps of Engineers report says that the channel is dredged to a depth of 45 feet....
...Fedspeak: Philip Jefferson, the Federal Reserve’s vice chair, will speak about the US economic outlook and monetary policy at the Peterson Institute for International Economics in Washington....
...Samsung Electronics will produce the latest generation of semiconductors in the US two years ahead of its rival Taiwan Semiconductor Manufacturing Company, in a further boost to President Joe Biden’s efforts...
...Earnings: Consumer goods company Hormel Foods, German sandal maker Birkenstock and electronics retailer Best Buy will report before the bell and give insight into how consumer spending held up in the most...
...Earnings: Philip Morris, ConocoPhillips, Apollo Global Management, Kenvue, Hershey, T Rowe Price, Spirit Airlines and Ralph Lauren will report their latest quarterly earnings before Wall Street’s opening...
...America were slower than expected due to the pressure on low-income consumers....
...Additional reporting by Mehul Srivastava in London, Felicia Schwartz in Capri, Raya Jalabi in Beirut, Neri Zilber in Tel Aviv and Philip Stafford in London...
...The second, more important, point is that Manulife’s move shows that some players are finally getting more honest about America’s commercial real estate pain. This is welcome — and belated....
...At Bank of America, rising deposit costs equalled two-thirds of new interest received in the quarter....
Activity in futures contracts linked to cryptocurrency surges to record levels in January
...North America is the company’s largest market but overall sales there fell from $2.3bn in the fourth quarter of 2022 to $2bn in 2023, in connection with the consent decree....
...Informa, which has benefited from the post-Covid bounce back in global events, said its business was performing well across all major regions, including North America, Asia and India, and the Middle East...
Safety experts raise concerns over plane maker’s request for a regulatory exemption on critical safety rules for the Max 7
FAA investigation comes as rival Airbus announces record number of orders last year
After a surprise surge in shares in recent weeks, there is uncertainty ahead in the next year
...PayPal, Coty, News Corp and Mattel will post their earnings after the market closes. Fedspeak: US Federal Reserve governors Adriana Kugler and Michelle Bowman will make separate appearances....
...And the actor, naturally, was the United States of America....
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