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News, analysis and opinion from the Financial Times on the latest in markets, economics and politics
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News
Scott Bessent continues crusade against rising US government bond yields
3+ day, 23+ hour ago (696+ words) Aime Williams in Washington Welcome to White House Watch. Here’s what we’re looking at today: Bessent continues crusade against rising bond yields Trump vows $5,000 ‘dividend’ to US voters if Republicans win midterms US spy chief prepares for greater role in…...
China’s giant trade surplus has an increasingly geopolitical twist
5+ day, 2+ hour ago (277+ words) It takes quite a lot for a group of nations to line up with Donald Trump’s rogue US administration, but current account imbalances as a result of China’s surplus and competition from Chinese companies have pretty much managed it. At…...
Warsh might yet be a good Fed chair
5+ day, 6+ hour ago (462+ words) man Financial Times Is it possible that Kevin Warsh will prove to be the central banker the US and the world needs?...
Cerberus nears £1bn deal for Goodwin defence unit
5+ day, 22+ hour ago (407+ words) Ivan Levingston, Sylvia Pfeifer and Aaron Kirchfeld in London Cerberus, the private equity firm founded by billionaire investor and US defence official Stephen Feinberg, is nearing a £1bn deal to carve out the defence business of London-listed engineering group Goodwin. Cerberus,…...
India’s biggest private sector bank grapples with leadership vacuum
6+ day, 14+ hour ago (1029+ words) Krishn Kaushik and Chris Kay in Mumbai A sudden leadership vacuum at India’s largest private sector bank has laid bare years of corporate governance issues and weak growth after a landmark merger. HDFC Bank, which has assets worth Rs43.6tn ($460bn), about a…...
Treasury sell-off piles pressure on weakest US borrowers
1+ week, 2+ day ago (487+ words) Kate Duguid and Michelle Chan in New York and Emily Herbert in London Borrowing costs in the riskiest corners of corporate America have climbed to their highest levels since the aftermath of Donald Trump’s “liberation day” tariffs last year, as…...
India’s GDP beats growth forecast at 7.8%
1+ week, 6+ day ago (464+ words) Krishn Kaushik in Mumbai India’s economy grew faster than expected in the quarter that ended in June despite the shock from higher energy prices and disruptions to global trade caused by the war in the Middle East. The country grew…...
Tim Cook’s legacy by the numbers
2+ week, 12+ hour ago (20+ words) Financial Times Check whether you already have free access via your university or organisation....
What’s the fiscal hit from higher yields?
2+ week, 1+ day ago (766+ words) Since Operation Epic Fury was launched, bond yields have risen. There are a lot of arguments swirling around as to why. Maybe they’re higher because oil prices surged, pushing up inflation expectations. Maybe they’re up because investors are questioning the…...
Women make friends differently from men at work
2+ week, 1+ day ago (604+ words) Just after 1pm last Tuesday, I bought a £7.50 chicken salad at the Pret around the corner from my office to test a theory. It wasn’t the grim little lunch that interested me. It was the other office workers hunkered down over…...