Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hamas released three Israeli men from captivity in Gaza on Saturday ahead of an expected swap for Palestinian prisoners later in the day as the increasingly fragile ceasefire held into its third week. The men
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US President Donald Trump has temporarily paused measures to close a tariff exemption on low-cost shipments from China while officials figure out how to tax the millions of packages that arrive in the US every
Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. In Stendhal’s The Red and the Black, a book that is never far from me, the colours refer to two careers. The first is the army. The other is the priesthood. The setting is
Even amid a tumultuous present, it is difficult to imagine a radically different future. But the fortunes of nations do change, often dramatically. Politics has consequences. For this reason, it pays to think creatively about what these consequences might be — and about how we might look to those living with them. As an economist
Palantir is profiting from a “revolving door” of executives and officials passing between the $264bn data intelligence company and high level positions in Washington and Westminster, creating an influence network who have guided its extraordinary growth.The US group, whose billionaire chair Peter Thiel has been a key backer of Donald Trump, has enjoyed an astonishing
<img src=”https://public.flourish.studio/visualisation/21524058/thumbnail” width=”100%” alt=”chart visualization” /> Municipals were weaker out long, while U.S. Treasury yields rose and equities ended down after a mixed jobs report. Ahead of Friday’s nonfarm payrolls report, UST yields fell another eight basis points this week, making it a 33-basis-point rally from Jan. 14, said Barclays strategist Mikhail Foux. Munis had
“In Texas, resilient growth is expected to continue in 2025 at about the same pace as 2024,” Dallas Federal Reserve Vice President Labor Economist Pia Orrenius said, adding risks to the outlook include, tariffs, sharply lower immigration, and a rollback in federal government spending. Dallas Federal Reserve Job growth will continue to trend lower in
North Carolina Treasurer Brad Briner said addressing the state health plan’s looming defict is one of his highest priorities. The North Carolina State Health Plan Board of Trustees took a step toward a salary-based employee health insurance premium contribution system, as a way to avoid a looming $1.3 billion deficit in the government’s health plan
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world In Silicon Valley, they move fast and break things. In Washington, they move slowly and tweak them. Lenin could have been forecasting the opening to Donald Trump’s second term when he quipped that
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An arresting claim has dropped into my inbox. A quarter of Brits, a new survey says, are sending emails from the loo, because they are so pressed for time. “Relaxing is a thing of the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer has launched another attempt to reboot his ailing UK government at a six-hour cabinet meeting, held against a bleak economic backdrop and crumbling public support. The prime minister admitted his administration had
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump said he would consider imposing tariffs on Japanese exports if the US trade deficit with the Asian country was not eliminated and pledged to unveil “reciprocal” tariffs on other nations next
Before Donald Trump re-entered the White House last month, his top donor Elon Musk’s grand plan to slash trillions of dollars in US government spending appeared to consist of little more than a logo of a dog wearing sunglasses, and a stream of provocative social media posts. But behind the scenes, the richest man on
“I look forward to finishing our review and while there are areas where we agree and others where we may disagree, we will go to work to deliver for Virginians, as we have done the past three years,” said Republican Governor Glenn Youngkin via a statement. Bloomberg News Virginia lawmakers are bucking the governor’s budget proposals by
Electrical transmission lines near the Eaton Fire in Altadena. The Eaton Fire has become the fifth-deadliest in state history, killing at least 17 people, burning 14,021 acres and destroying 9,418 structures.Bloomberg News Southern California Edison reported to state regulators Thursday that its equipment may have played a role in sparking the Hurst Fire that burned
Sen. John Cornyn, R-Texas, in 2017 led the charge to save tax-exempt private activity bonds that had been axed in an early House draft of the Tax Cuts and Jobs Act. Al Drago/Bloomberg House and Senate tax staff and members seemed receptive to the Bond Dealers of America’s plea to preserve the municipal bond tax
Pennsylvania Gov. Josh Shapiro at the State Capitol in Harrisburg on Feb. 28, 2024.Bloomberg News The 2024 election results created national political upheaval, but in Pennsylvania, voters sent their state legislators back to Harrisburg with the exact same margins. “The good people of Pennsylvania looked at all we’ve accomplished together,” Gov. Josh Shapiro said in
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The EU will offer to cut tariffs on US car imports as part of a deal to avoid a trade war with Donald Trump, according to a senior lawmaker. Bernd Lange, who heads
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A fall in borrowing costs has given UK chancellor Rachel Reeves greater room for manoeuvre as she tries to keep to her tight fiscal rules, but the public finances remain exposed to the country’s deteriorating
The British government has ordered Apple to grant it secret access to its customers’ encrypted cloud storage data using controversial surveillance powers known as the “Snoopers’ Charter”, in a move that could weaken security for iPhone users all over the world. Last month the US tech group received a “technical capability notice” under the UK Investigatory
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Accenture has scrapped its global diversity and inclusion goals after an “evaluation” of the US political landscape, becoming the latest big company to ditch its targets since the election of Donald Trump. A memo to staff
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