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Stephen Bush
Little good can come of Starmer’s green U-turn
...Now, they face a prime minister in Rishi Sunak who is busily and cheerily retreating from many of Johnson’s more ambitious pledges, and whose close ally and secretary of state for energy security and net...
February 9, 2024
Letter
Letter: What a new temple tells us about a ‘secular’ India
...In case there was any doubt about this, it should be laid to rest by what Nripendra Mishra (a former principal secretary to the prime minister) told the FT, that “every citizen of India” — and he goes on...
January 19, 2024
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Labour Party UK
Labour vows to be ‘laser-focused’ on net zero despite £28bn U-turn
...Starmer announced the U-turn this month after a drawn out period of internal arguments over whether the pledge, made in 2021 when borrowing rates were close to zero, was still affordable at a time of higher...
February 27, 2024
News updates from February 9: S&P 500 finishes above 5,000, Sunak notches capital gains of £1.8mn in 2023
S&P 500 opens above 5,000 to push further past milestone
...Also in the mix, the Bureau of Labor Statistics this morning made minimal revisions to last year’s inflation data, leaving traders’ bets on interest rate cuts largely unchanged....
February 9, 2024
LexElectric vehicles
EU carmakers’ strategic U-turns point them in the right direction Premium content
...Slowing growth of electric vehicle sales has caused a series of corporate U-turns. While sharp swerves are never fun, the change in direction is sensible....
February 1, 2024
News updates from April 9: OpenAI and Meta ready new AI models; EU launches probe into Chinese wind turbine companies
Markets update: US stocks rise ahead of inflation report
...Wall Street stocks and US Treasuries rallied as traders awaited a key inflation reading on Wednesday from the US Department of Labor for further insights into the pathway for interest rate cuts from the...
April 9, 2024
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
News updates from April 5: US jobs growth outstrips forecasts in March; Thames Water parent company defaults on debt
Markets update: US stocks rebound from Thursday’s sell-off
...The latest moves came after figures from the Bureau of Labor Statistics showed that jobs growth in the US had far outstripped economists’ expectations in March, signalling continued strength in the jobs...
April 5, 2024
News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case
Markets update: US stocks rise on rate-cut optimism
...The moves came after figures from the Bureau of Labor Statistics showed that new applications for unemployment aid — a proxy for lay-offs — jumped to their highest level since January in the week to March...
April 4, 2024
News updates from April 9: OpenAI and Meta ready new AI models; EU launches probe into Chinese wind turbine companies
US stocks move lower ahead of key inflation report
...The headline inflation number from the Bureau of Labor Statistics is forecast to be 3.5 per cent for March, up from a rate of 3.2 per cent the previous month, according to a Bloomberg poll of economists....
April 9, 2024
News in-depthLabour Party UK
Labour’s green U-turn: how Starmer dropped £28bn ‘albatross’
...The substance and style of Labour’s biggest U-turn for years demonstrated the ascendancy of cautious Blairites inside Britain’s main opposition party, as the green prosperity plan joined a long list of radical...
February 8, 2024
Transcript
Transcript: Will Labour’s green U-turn weaken Starmer?
...Jim PickardThere have been an awful lot of U-turns....
February 9, 2024
News updates from March 12: US inflation rises to 3.2%; White House warns Israel against ‘smashing into Rafah’
Markets update: inflation pushes stocks higher at New York open
...US stocks opened higher following Tuesday’s inflation numbers from the Bureau of Labor Statistics....
March 12, 2024
Scoreboard
F1’s new Red Bull problem Premium content
...The head of F1’s governing body told the FT last week it was “damaging the sport”....
March 9, 2024
News updates from March 11: Brussels eyes up to €3bn in frozen Russian assets for Ukraine; Biden proposes higher taxes
US stocks start week on back foot as crucial inflation report looms
...Core US consumer price inflation, which the Bureau of Labor Statistics will report on Tuesday, is expected to have slowed slightly in February to 3.7 per cent from 3.9 per cent the month prior, according...
March 11, 2024
Cryptocurrencies
We need to talk about Franklin Templeton
...That’s less than AppLovin, Domino’s Pizza and the world’s biggest producer of frozen potato chips. It’s only barely enough for inclusion into the S&P 500....
January 19, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
UK business
Barclays boss calls for UK economic development agency
...The intervention by Venkatakrishnan, boss of one of the UK’s biggest banks, comes after years of patchy relations between ministers and industry and frustration in boardrooms over policy U-turns by successive...
January 16, 2024
Equities
US stocks rebound after jobs growth beats expectations
...The unemployment rate also dropped unexpectedly, to 3.8 per cent from 3.9 per cent, according to the Bureau of Labor Statistics....
April 5, 2024
Rail
Government orders U-turn on rail ticket office closures in England
...Transport secretary Mark Harper told train operators on Tuesday to withdraw the proposals, which were part of a government-backed cost-cutting plan announced in July....
October 31, 2023
US economy
Goldman: The US GDP–GDI gap won’t hurt you
...in his newsletter in November: [The] “statistical discrepancy” between expenditure-based estimates of the value of goods and services produced in the U.S....
February 12, 2024
HTSI
Putting a pin on Madeleine Albright’s style
...Nations, and became the first female US secretary of state....
March 27, 2024
Cryptocurrencies
What is a FRAX? And other pressing questions
...Paxos Trust Co.’s issuance of U.S. dollar-backed stablecoins has been under the supervision of the New York State Department of Financial Services (NYDFS) since 2018....
December 13, 2023
Climate change
Scotland ditches 2030 climate target as being ‘out of reach’
...The UK commitment is also one that the Climate Change Committee has said it has “low confidence” would be met, after UK Prime Minister Rishi Sunak announced a series of U-turns on key green measures....
April 18, 2024
FirstFT
FirstFT: US investors consider their TikTok options
...And here’s what I’m keeping tabs on today and over the weekend: Economic data: The US Labor Department’s Bureau of Labor Statistics releases monthly import and export statistics and the University of Michigan...
March 15, 2024
Letter
Letter: Andrew Tate and threats to our social contract
...Just look at the rising numbers of sexual assaults on university campuses, the Metropolitan Police WhatsApp groups, and the “Everyone’s Invited” website documenting rape and sexual assault in...
March 12, 2024
News updates from January 11: US inflation edges up more than expected, Chesapeake and Southwestern to combine in $7.4bn deal
US stocks make modest gains ahead of CPI report
...The Bureau of Labor Statistics on Thursday will release consumer price index data for December, which is expected to show that headline inflation accelerated slightly last month, with a modest slowdown in...
January 10, 2024

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