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Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As stock markets crashed amid the trade war, Scott Bessent, US Treasury secretary, tried to soothe frazzled investor nerves last weekend. “Most Americans in a 401(k) [retirement plan] have what’s called a 60/40 account . . . they are … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer, a trade economist, is chief executive of the Centre for Economic Security Credit markets are flashing red and capital is retreating from risk. If this continues, global credit conditions could deteriorate fast. Defence … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain learnt the hard way about the importance of not letting governments mark their own homework. Former UK chancellor Kwasi Kwarteng’s unfunded tax cuts in September 2022 were pushed through without the usual independent audit … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump dislikes trade deficits. His attempts to remedy them with tariffs caused stocks and bonds to plunge. On Wednesday, after he rowed back, markets soared again. This mayhem threatens to erode the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Of all the fancy kosher restaurants in central London, Tony Page Marylebone has to be the best. It is also the only fancy kosher restaurant in central London. You can tell it’s fancy because the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Dramatic market moves make the value of a theoretical crystal ball that much higher. Sadly for investors in US companies, the next best thing — regular guidance from company executives on the near-term path of … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world For a week, Silicon Valley’s bet on Donald Trump looked to be turning very bad, very quickly. The hit to complex electronics supply chains made Apple, Nvidia and Tesla among the biggest casualties … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amid markets’ relief rally following President Donald Trump’s trade climbdown, one country mustered a more muted reaction: China. That’s understandable, since the US leader raised tariffs on the People’s Republic even as he lowered them … Read more
