U.S. economic growth slowed a bit more than expected in the final three months of 2024, the Commerce Department reported Thursday. Gross domestic product, a measure of all the goods and services produced across the sprawling U.S. economy during the period, showed that the economy accelerated at a 2.3% annualized pace in the fourth quarter. […]
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK businesses are cutting jobs at the fastest pace since the financial crisis, excluding the pandemic, as rising costs reignited stagflation fears in the British economy, according to a closely watched survey. The S&P Global […]
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global stocks and emerging market currencies sank on Thursday after the US Federal Reserve indicated it would cut interest rates more slowly next year to guard against any renewed threat of inflation. The quarter-point reduction […]
Protesters calling for the ouster of South Korea President Yoon Suk Yeol reacting after the result of the second martial law impeachment vote outside the National Assembly in Seoul on Dec. 14, 2024. Anthony Wallace | Afp | Getty Images South Korean markets made early gains on Monday after the impeachment of President Yoon Suk […]
This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters here Today’s agenda: EU farm subsidy reform; Syrian asylum claims put on hold; FT Business Book of the Year; Christie’s dinosaur […]
Stay informed with free updates Simply sign up to the US interest rates myFT Digest — delivered directly to your inbox. Federal Reserve officials support moving “gradually” to lower interest rates given stronger-than-expected US economic growth and fading concerns about the health of the labour market, according to a record of the November meeting. Minutes […]
By Lidia Kelly and Oleksandr Kozhukhar (Reuters) – Russian forces have been advancing in Ukraine at the fastest pace since the early months of the war, are moving into the strategic town of Kurakhove and have been exploiting vulnerabilities of Kyiv troops, analysts said on Monday. “Russian forces recently have been advancing at a significantly […]
This article is an on-site version of our Chris Giles on Central Banks newsletter. Premium subscribers can sign up here to get the newsletter delivered every Tuesday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Hello, I’m Joel Suss — data journalist at the Financial Times and stand-in for Chris Giles […]
