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Markets
A 96-year-old federal judge is fighting to keep her job
As Americans debate whether President Joe Biden, at 80, is too old to run for a second term, here comes the story of a 96-year-old federal appeals court…
Wall Street’s token crypto gesture
Hello and welcome to the latest edition of the FT’s Cryptofinance newsletter. Scott’s away this week so you’ve got me, and I’m taking a look at the promise and progress of…
EUR/USD treading water near 1.0660, hanging near the top of the range
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EUR/USD spends Friday trading into familiar territory.…
Airfare hikes loom as crude oil price surge hits airline industry
© Reuters
European airline passengers could soon face higher ticket prices as the cost of has surged to its highest level this year at $95 per barrel, due to production…
Nikola’s stock extends pullback after convertible-debt offering
Shares of Nikola Corp. dropped Friday for fourth-straight day, after the electric vehicle maker disclosed a convertible debt offering. The company…
US dollar hits six-month high as markets accept new interest rate regime
Receive free Currencies updatesWe’ll send you a myFT Daily Digest email rounding up the latest Currenciesnews every morning.The dollar climbed to a six-month high on Friday at the!-->!-->!-->…
GBP/JPY trying for a break below 181.50 heading into the Friday close
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GBP/JPY trading into the 181.50 handle, on the low side…
Biden’s IRA drives surge in US imports of Chinese used cooking oil
© Reuters.
By Andrew Hayley BEIJING (Reuters) - U.S. incentives to boost consumption of more environmentally friendly fuel has created a new market for used Chinese cooking…
The Fed’s inflation read is dead wrong. That’s why a 2024 downturn looms, says professor who pioneered popular recession…
Campbell Harvey, a Duke University finance professor best known for developing the yield-curve recession indicator, says the Federal Reserve’s read on…
Russia plans to increase spending by more than 25% next year
Receive free Russian economy updatesWe’ll send you a myFT Daily Digest email rounding up the latest Russian economynews every morning.Russia plans to increase state spending in!-->!-->!-->…