Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation accelerated sharply to 2.3 per cent in October, as higher energy costs pushed price growth above the Bank of England’s target. The annual consumer price index figure from the Office for National Statistics
Former Wisconsin Republican Rep. Sean Duffy has been tapped by President-elect Donald Trump to lead the U.S. Department of Transportation.Bloomberg President-elect Donald Trump Monday said he would nominate former Congressman and current Fox News host Sean Duffy to head the U.S. Department of Transportation. “Sean will use his experience and the relationships he has built
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine has struck a military target inside Russia using US-made long-range Atacms missiles for the first time since Joe Biden’s administration lifted restrictions on their use, according to people familiar with the matter. Army
Donald Trump’s social media company is in advanced talks to buy Bakkt, a cryptocurrency trading venue owned by Intercontinental Exchange, as it pushes to expand beyond online conversation. The US president-elect’s Trump Media and Technology Group, in which he has pledged to retain his 53 per cent stake, is closing in on an all-share purchase
Santa Barbara, California, will tap the municipal bond market this week, largely to fund a new police headquarters.Adobe Stock One of Southern California’s wealthy cities is tapping the municipal bond market to build a new police station and renovate an oceanfront park. Santa Barbara — where the median home sells for roughly $2 million —
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. China’s biggest technology groups are building artificial intelligence teams in Silicon Valley, seeking to hire top US talent despite Washington’s efforts to curb the country’s development of the cutting-edge technology. Alibaba, ByteDance and Meituan have
In this article HSIC Follow your favorite stocksCREATE FREE ACCOUNT Robert F. Kennedy Jr. attends a campaign event for Republican presidential nominee and former U.S. President Donald Trump in Milwaukee, Wisconsin, U.S. November 1, 2024. Joel Angel Juarez | Reuters Dental care supplier Henry Schein advanced in Monday trading as investors bet that Robert F.
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Russia on Sunday launched dozens of missiles and drones in what Ukraine’s foreign minister said was one of the largest air attacks of the war, targeting power facilities across the country and sending Kyiv
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US President Joe Biden has authorised Ukraine to launch limited strikes into Russia using US-supplied long-range missiles, in a big policy shift before the end of his White House term in January, two
Approximately 1 in 3 U.S. adults ages 18 to 34 live in their parents’ home, according to U.S. Census Bureau data. The pandemic caused more young adults to return home or remain living with their parents into their late 20s and 30s, but aside from that spike, the numbers have remained fairly consistent in recent
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Gold prices have been hit with their worst weekly drop in more than three years as Donald Trump’s US election victory and a strong dollar send bullion’s historic rally into reverse. After jumping more than
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. German Chancellor Olaf Scholz has spoken to Russian President Vladimir Putin for the first time in nearly two years, as western powers position for the return of a Trump administration that has made ending
The Biden administration will continue to allocate transportation grant funds in its few remaining months before leaving office, Transportation Secretary Pete Buttigieg said. Bloomberg News The Biden administration marked Friday’s third anniversary of the Infrastructure Investment and Jobs Act by announcing $3.4 billion in fresh grants and pledging to keep the money flowing in the
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nissan plans to warn ministers that the UK car industry has reached a “crisis point”, with jobs and competitiveness at risk unless the government relaxes electric vehicle rules, according to two people with direct knowledge
Hawaii Gov. Josh Green toured the scene of Maui wildfires in August 2023. The disaster slowed visitor growth, rating analysts said.Hawaii Governor’s Office Hawaii will head to market in early December with double-A category ratings affirmed as it prices $750 million of taxable general obligation bonds in a negotiated deal. Recovery of tourism, pivotal to
When Elon Musk bought Twitter, he quickly gutted the social media platform to its core operations, dispensing with anything he saw as wasteful or superfluous. Now, Donald Trump wants him to do the same to the US government. The world’s richest man was named this week alongside Vivek Ramaswamy, a former rival of Trump’s for
Pekic | E+ | Getty Images Mortgage rates seem to have steadied. That may be a good sign for the market, experts say. The average 30-year fixed rate mortgage in the U.S. slightly dipped to 6.78% for the week ending Nov. 14, barely changed from 6.79% a week prior, according to Freddie Mac data via
Federal Reserve Board Governor Adriana Kugler with Senate Majority Leader Chuck Schumer. Al Drago/Bloomberg A Federal Reserve official made the case for protecting central bank independence from electoral politics. In a speech delivered at an economic conference in Uruguay on Thursday morning, Fed Gov. Adriana Kugler said central banks around the world, including the Fed
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world In April 2022, Elon Musk tweeted a cartoon made by US evolutionary biologist Colin Wright. The image shows a stick figure representing Wright, a self-described “centre-left liberal”, becoming politically stranded as the American
Oklahoma County is reviewing public-private partnership proposals to help finance a replacement for its troubled downtown Oklahoma City detention center amid rising costs.Oklahoma County Detention Center Oklahoma County is exploring a public-private partnership to help finance a replacement for its troubled jail amid rising costs and a delay in securing a site for the project.
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