How did 2% become the magic inflation target?
Economists say the UK will face one of the worst recessions and weakest recoveries in the G7 in the coming year, and The Netherlands may be the first country to hit the limits of growth. Plus, the FT’...
3 Jan 20239min
Bankman-Fried’s $250mn bail
FTX founder Sam Bankman-Fried’s bail is set at $250mn, Wall Street stocks slide after a round of upbeat economic data was released, and the FT’s Andrew Edgecliffe-Johnson reflects on the year in corpo...
23 Dec 202210min
UK childcare in crisis
Big Tech groups are ditching offices that are part of their European headquarters to cut costs and Tesla has fallen below ExxonMobil in stock market value for the first time since 2020. Plus, the FT’s...
22 Dec 20229min
Bank of Japan stuns markets
The Bank of Japan stunned markets with an unexpected change to its controversial yield curve control policy, and a group of FTX customers will try to secure quicker repayment for people who have money...
21 Dec 20229min
Wirecard on trial
US regulators settled a record breaking case against the maker of video game Fortnite, a former Wirecard executive told a Munich court that the collapsed German payments company was a “sloppily done f...
20 Dec 20229min
India ramps up lending to counter China
EU member states have reached a deal on the world’s first major carbon border tax, New Delhi has stepped up spending on infrastructure in neighbouring countries, the world’s largest investment banks f...
19 Dec 20229min
Britain’s nurses launch historic strike
Global stocks tumbled after a broad group of central banks raised interest rates, and nurses in England, Wales and Northern Ireland went on strike. Plus, Argentina’s World Cup success is temporarily d...
16 Dec 20228min
Fed enters a new phase
The Federal Reserve slowed the pace of its interest rate increases, western sanctions are causing a steady degradation, rather than a dramatic collapse, of Russia’s economy, and billionaire Ray Dalio ...
15 Dec 20228min
