Investors fear new Covid-19 wave, UK in border check U-turn, HSBC pressure
Investors in US and European equities were rattled on Thursday after the Federal Reserve’s dire assessment of the US economy and fresh concerns of an uptick in coronavirus cases, and the British gover...
12 Juni 20209min
Fed predicts no rate increase until 2022, Brazil vs Covid-19, Bumper CEO stock awards
First, the FT’s Colby Smith explains why the Federal Reserve is predicting that it would keep interest rates close to zero until at least the end of 2022. Then, the FT’s Brazil bureau chief Bryan Harr...
11 Juni 202010min
Brexit and the EU’s recovery, Vroom’s strong IPO, Fed’s forecast
EU member states are urging Brussels to account for the shock of a hard Brexit in its coronavirus recovery plans, a former Goldman Sachs banker has avoided prison time for his role in a global insider...
10 Juni 20209min
US stocks surge despite gloomy forecast, US police reform bill, oil industry’s cautious optimism
The US stock market has erased all of its losses from 2020, the World Bank has forecast that emerging economies will shrink for the first time in 60 years, and US Congressional Democrats have responde...
9 Juni 202010min
Black Lives Matter protests go global, doubts over US jobs data
US civil rights groups have received a surge of corporate donations since Minneapolis police killed George Floyd, the head of Fidelity International has warned that asset managers will struggle to pro...
8 Juni 20209min
Grantham sells stocks, ECB buys bonds, ESG vows in a pandemic
Veteran market strategist Jeremy Grantham has cut back his holdings in global stocks. The FT’s Andrew Edgecliffe-Johnson recounts his conversation with the Boston fund manager. And, Frankfurt bureau c...
5 Juni 202011min
Pentagon chief breaks with Trump, hydroxychloroquine, Warner Music IPO
US defence secretary Mark Esper breaks with Donald Trump on sending the army to clamp down on protests, and his predecessor James Mattis joins the president’s critics. The FT’s Katrina Manson explain...
4 Juni 20208min
Companies react to protests, fear of Covid spike, Zoom’s surge
Many companies and chief executives have expressed solidarity with protests over the police killings of George Floyd and other black men and women. The FT’s Andrew Edgecliffe-Johnson explains what is ...
3 Juni 20209min
