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‘The global supply chain wasn’t built for this’: freight delays hammer US
Wayne Kaylor knew his shipping container was parked somewhere in a Chicago rail yard. He just did not know where,…
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Hong Kong’s Olympic successes expose deep political fissures
Hong Kong politics updates Sign up to myFT Daily Digest to be the first to know about Hong Kong politics…
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Struggling US renters at risk as eviction moratorium expires
Coronavirus economic impact updates Sign up to myFT Daily Digest to be the first to know about Coronavirus economic impact…
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Ben Okri: rediscovering a 4,000-year-old poem
When the world began to close down 17 months ago, I was filled with a sense of foreboding about what…
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Olympic Games: local athletes own the stage
Tokyo Olympics updates Sign up to myFT Daily Digest to be the first to know about Tokyo Olympics news. Home…
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US justice department orders release of Trump’s tax returns
Donald Trump updates Sign up to myFT Daily Digest to be the first to know about Donald Trump news. The…
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Kais Saied, the Tunisian president accused of undermining democracy
Kais Saied updates Sign up to myFT Daily Digest to be the first to know about Kais Saied news. Even…
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Key inflation indicator up 3.5% year over year in June for fastest gain since 1991
An inflation indicator that the Federal Reserve uses as its key guide rose 3.5% in June, a sharp acceleration that…
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US regulators launch crackdown on Chinese listings
US financial regulation updates Sign up to myFT Daily Digest to be the first to know about US financial regulation…
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Damning Archegos report slams ‘lackadaisical’ attitude to risk at Credit Suisse
Credit Suisse’s $5.5bn loss from the collapse of family office Archegos Capital was down to a “fundamental failure of management”…
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Inside Boris Johnson’s money network
Monday June 28 was a gruelling day for Boris Johnson. Days earlier, health secretary Matt Hancock had resigned for breaking…
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China reaffirms plans to beef up oversight of foreign listings
Chinese politics & policy updates Sign up to myFT Daily Digest to be the first to know about Chinese politics…
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Trading Places: Credit Suisse nabs Goldman risk boss; Barclays’ overhaul rages on
As Credit Suisse continues to reel from scandal, the bank tapped a Goldman Sachs executive as its next chief risk…
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Freshfields profit per partner gains to almost £2m in wake of Magic Circle pandemic boom
Freshfields Bruckhaus Deringer has become the latest major law firm to report a jump in revenue and profit as the City’s legal sector…
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Bank of America hires Goldman’s Malhotra in leverage finance leadership role
Bank of America re-hired a senior Goldman Sachs dealmaker to lead its leveraged finance origination business in Europe. Uday Malhotra…
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Deliveroo considers pulling out of Spain
Roofoods Ltd updates Sign up to myFT Daily Digest to be the first to know about Roofoods Ltd news. Deliveroo…
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China Targets Costly Tutoring Classes. Parents Want to Save Them.
Zhang Hongchun worries that his 10-year-old daughter isn’t getting enough sleep. Between school, homework and after-school guitar, clarinet and calligraphy…
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Mask U-turn dashes Americans’ euphoria at nascent Covid recovery
Rochelle Walensky exuded euphoria in mid-May when she declared that fully vaccinated adults in the US could shed their masks…
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Investors call for vote on companies’ climate change plans
A group of more than 50 asset managers is calling for companies to disclose details of their progress on tackling…
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Tokyo Olympic Daily: Britain’s Shriever wins wild and dangerous BMX contest
Tokyo Olympics updates Sign up to myFT Daily Digest to be the first to know about Tokyo Olympics news. Bethany…
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UniCredit profits rise on back of surge in fees
UniCredit SpA updates Sign up to myFT Daily Digest to be the first to know about UniCredit SpA news. UniCredit…
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How Biden Got the Infrastructure Deal Trump Couldn’t
As Mr. Biden pushed toward a deal in recent weeks with a group of Republican and Democratic negotiators in the…
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Loyal insurance customers set to benefit from UK shake-up
The start of 2022 will see a fundamental shift in the car and home insurance market for UK consumers: under…
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How to redesign our cities to make them heatwave-proof
Urban planning updates Sign up to myFT Daily Digest to be the first to know about Urban planning news. In…
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What is China’s ‘battle for data’ and who will be targeted next?
Chinese business & finance updates Sign up to myFT Daily Digest to be the first to know about Chinese business…
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China floods pose awkward questions for Communist party
Chinese politics & policy updates Sign up to myFT Daily Digest to be the first to know about Chinese politics…
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Macklem keeping inflation expectations in check with call not to overreact, economists say
Breadcrumb Trail Links News Economy ‘The Bank of Canada was there to prevent deflation when the economy plunged. We remain…
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FirstFT: Amazon revenue misses Wall Street target
World updates Sign up to myFT Daily Digest to be the first to know about World news. Good morning. This…
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‘40 acres and a mall’: How community ownership models can preserve economic power in Black neighborhoods
In the famous post-Civil War initiative known as “40 acres and a mule,” Union General William T. Sherman promised newly…
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Lessons from the Surfside condo collapse on strengthening community ownership
The June collapse of the Champlain Towers South multifamily condominium tower in Surfside, Fla. has called into question whether bad…
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The world needs help in going back to school
Education updates Sign up to myFT Daily Digest to be the first to know about Education news. As the supply…
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More questions than answers in a Hong Kong courtroom
Hong Kong politics updates Sign up to myFT Daily Digest to be the first to know about Hong Kong politics…
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Barclays unveils new M&A leaders in Europe as shake-up continues
Barclays named new leaders of its European mergers and acquisitions team in Europe, the latest shake-up at the UK lender’s…
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Republicans have become the party of nihilism
US politics & policy updates Sign up to myFT Daily Digest to be the first to know about US politics…
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Tunisian president vows to crack down on corruption
Tunisia updates Sign up to myFT Daily Digest to be the first to know about Tunisia news. Tunisia’s populist president…
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Tiff Macklem: The Bank of Canada remains firmly committed to keeping inflation under control
Breadcrumb Trail Links News Economy Rising prices due to pandemic gyrations unlikely to persist Author of the article: Tiff Macklem,…
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View: Why quashing Tom Hayes’ Libor conviction could spell a new era for the City
Tom Hayes stands within a whisker of rewriting his role in one of the biggest scandals to grip financial markets…
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Morgan Stanley hikes junior banker salaries to $100,000
Morgan Stanley has raised base salaries for entry-level bankers to $100,000, leaving Goldman Sachs as the last remaining Wall Street bank…
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Climate change is a global threat demanding national solutions
Climate change updates Sign up to myFT Daily Digest to be the first to know about Climate change news. There…
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AstraZeneca’s Covid-19 vaccine sales top forecasts
AstraZeneca PLC updates Sign up to myFT Daily Digest to be the first to know about AstraZeneca PLC news. AstraZeneca…
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Crimea ‘water war’ opens new front in Russia-Ukraine conflict
When a cyclone drenched Crimea in rainfall last month, rivers burst their banks and thousands of people in the Russia-annexed…
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Real rates as tools of repression
This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to…
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EU economy chief urges end to ‘muddling through’ with budget rules
EU economy updates Sign up to myFT Daily Digest to be the first to know about EU economy news. Brussels…
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The pandemic hurt low-wage workers the most—and so far, the recovery has helped them the least
Contents The recession associated with the COVID-19 pandemic announced itself in spring 2020 with head-spinning job losses: 22 million lost…
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Bipartisan infrastructure deal close to finish line, says top Republican
US politics & policy updates Sign up to myFT Daily Digest to be the first to know about US politics…
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Abramovich denies buying Chelsea on Putin’s orders, court hears
Roman Abramovich updates Sign up to myFT Daily Digest to be the first to know about Roman Abramovich news. A…
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Macron admits France owes ‘debt’ to Polynesia over dirty nuclear tests
French politics updates Sign up to myFT Daily Digest to be the first to know about French politics news. President…
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Evercore hikes pay by 33% amid record M&A boom
Boutique investment bank Evercore has posted record revenues for the second quarter as the industry’s $60bn fee haul during the…
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UK house price growth falls in July as stamp duty rush fades
UK house prices updates Sign up to myFT Daily Digest to be the first to know about UK house prices…
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Deutsche Bank doubles M&A fees as it sidesteps fixed income trading slump
Deutsche Bank dodged the second quarter fixed income trading slump, with revenues shrinking by 11% as fees from mergers and…
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