CashNews.co US stocks were mixed at the market’s close, as investors hunkered down ahead of earnings — and outlook on the much-hyped artificial intelligence sector — from chipmaker Nvidia. Wall Street’s S&P 500 finished less than 0.1 per cent higher, with the index staging a late rally to recover from losses earlier in the session. […]
CashNews.co Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Software provider turned bitcoin investor MicroStrategy has taken fundraising for its aggressive push into buying the cryptocurrency to more than $7bn since the US election, as the price hit a new record […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. So, uh . . . there are some interesting municipal-finance scenes in Oakland, Calif. right now. Last week, the Bay Area city accidentally published the wrong draft of a fiscal report, which mentioned risk of Chapter 9 […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Santander UK has set aside £295mn to cover the potential costs of a British court ruling on unlawful commissions that banks paid to car dealerships. The lender on Wednesday became the largest institution to […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. FTX co-founder Gary Wang has avoided prison time after his swift co-operation with prosecutors helped seal the criminal conviction of the crypto exchange’s other founder Sam Bankman-Fried. At a hearing on Wednesday, Judge Lewis […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Atlantic Action II is stuck in limbo far from the ocean after which it was named. Five days after Russia imposed tit-for-tat restrictions on exports of enriched uranium to the US, the 14-year […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sage shares rose by almost a fifth as the UK software group reported a jump in annual operating profits, launched a £400mn share buyback and increased its dividend. The FTSE 100 company, which provides […]
CashNews.co Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. The world’s longest heated oil pipeline is “still viable” and will be operational in the next three years despite financing delays blamed on activists’ protests, according to a Ugandan minister who defended […]
CashNews.co This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. Wall Street billionaire and Trump transition chair Howard Lutnick has been nominated for secretary of commerce. It’s […]
CashNews.co Stay informed with free updates Simply sign up to the Eurozone economy myFT Digest — delivered directly to your inbox. The Eurozone risks another debt crisis if the bloc cannot boost growth, lower public debt and fix “policy uncertainty”, the European Central Bank has warned. In its annual Financial Stability Review, published on Wednesday, […]