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Accessibility helpSkip to navigationSkip to contentSkip to footer * S&P 500+1.23% * Shanghai+0.62% * FTSE 100+0.80% * Euro/Dollar+0.42% * Brent Crude Oil+0.81% * 10 Year US Gov Minus −0.92% Visit Markets Data COOKIES ON FT SITES We use cookies and other data for a number of reasons, such as keeping FT Sites reliable and secure, personalising content and ads, providing social media features and to analyse how our Sites are used. Accept cookies Manage cookies * Sign In * Subscribe Open side navigation menuOpen search bar Financial Times SubscribeSign InmyFT Search the FT Suggestions include News Securities * See all quotes matching undefined SearchClose search bar * Home * Markets Data * Home * World Sections * World Home * Global Economy * UK * US * China * Africa * Asia Pacific * Emerging Markets * Europe * War in Ukraine * Americas * Middle East & North Africa * Australia & NZ Most Read * French riots plunge Emmanuel Macron into fresh crisis * US Supreme Court strikes down Joe Biden’s student loan forgiveness scheme * Putin seeks to show Russian elite he is ‘strong emperor’ * Harvard fraud claims fuel doubts over science of behaviour * Eurozone inflation falls to 5.5% * US Sections * US Home * US Economy * US Companies * US Politics & Policy Most Read * Companies Sections * Companies Home * Energy * Financials * Health * Industrials * Media * Professional Services * Retail & Consumer * Tech Sector * Telecoms * Transport Most Read * Deutsche Bank’s head of human resources to leave after compliance probe * Bank of America nurses $100bn paper loss after big bet in bond market * Thames Water shareholder shows support for troubled company * Ryan Reynolds stars in role of investor with savvy eye for sports * Accounting firms question the partnership model * Tech * Markets Sections * Markets Home * Alphaville * Markets Data * Cryptofinance * Capital Markets * Commodities * Currencies * Equities * Fund Management * Trading * Moral Money * ETF Hub Most Read * Apple closes above $3tn valuation as shares hit record high * Live news updates from June 30: US Supreme Court strikes down Biden’s student loan relief plan, French riots plunge Macron into crisis * Bank of America nurses $100bn paper loss after big bet in bond market * Nasdaq records best start to year in four decades * Three men charged with insider trading related to Trump media Spac * Climate * Opinion Sections * Opinion Home * Columnists * The FT View * Lex * Obituaries * Letters Most Read * Britain must break out of its doom loop * Wagner is the monstrous legacy of a Russian mercenary tradition * Riots underscore depth of France’s social tensions * HSBC departure spells doom for isolated experiment of Canary Wharf * Austerity is back, and this time it’s monetary * Work & Careers Sections * Work & Careers Home * Business School Rankings * Business Education * Entrepreneurship * Recruitment * Business Books * Business Travel Most Read * ‘When the morphine wore off, I realised I had outed myself’: senior executives share their stories for Pride * Life & Arts Sections * Life & Arts Home * Arts * Books * Food & Drink * FT Magazine * House & Home * Style * Travel * FT Globetrotter Most Read * Republican candidate Chris Christie: ‘Trump wants to be Putin in America’ * A new road for Russia? * Who would want to take on a fixer-upper? * Meet the ‘fifth member’ of Depeche Mode * Two North Korean defectors: a tale of secrets, lies and love * HTSI MenuSearch * Home * World * US * Companies * Tech * Markets * Climate * Opinion * Work & Careers * Life & Arts * HTSI Financial Times SubscribeSign In Search the FT Suggestions include News Securities * See all quotes matching undefined SearchClose search bar FINANCIAL TIMES HOME US presidential election 2024 Biden makes big fundraising push to allay doubts over 2024 run Campaign confident despite anxious Democratic donors and cut-price tickets for some events an hour ago Explainer. US election 2024: Republican presidential candidates Biden touts ‘Bidenomics’ as antidote to failed trickle-down policies Life & Arts The Weekend Essay. A new road for Russia? Editor's Picks opinion content. How British liberals turned American Janan Ganesh opinion content. HSBC departure spells doom for isolated experiment of Canary Wharf Edwin Heathcote TOP STORIES Supreme Court US US Supreme Court’s conservatives solidify power in a polarising term Rulings on race, sexual orientation and student debt weigh on its image as justices grapple with questions over ethics an hour ago US Supreme Court strikes down Biden’s student loan forgiveness scheme French politics France endures fourth night of violence and looting after police shooting Interior minister says intensity of protests is fading in face of heavy police presence 3 hours ago opinion content. Instant Insight. Riots underscore depth of France’s social tensions Ben Hall Worldpay Inc Buyout groups weigh bids for majority stake in FIS-owned Worldpay Private equity firms explore deal that would value payments provider at more than $15bn Worldpay and FIS: the ‘original sin’ that tore up a $43bn merger North Korea YouTube cracks down on North Korean vloggers Seoul says young influencers promoting Harry Potter and water parks are ‘psychological’ propaganda SPOTLIGHT Vincent Bolloré Person in the News. Vincent Bolloré, the conservative billionaire taking on France’s mainstream media Having created a French version of Fox News, he now has one of the country’s most influential newspapers in his sights Goldman Sachs Group Tom Montag, the Wall Street veteran who is back at Goldman Boardroom appointment marks return to a bank markedly different from the one he left BEST OF FTWEEKEND Life & Arts FT Magazine. Billionaires want to save the world. What’s so wrong with that? Today, practically everyone above a certain net worth has a ‘World-Saving Project’ Interview. Cornelia Parker on art and the environment: ‘We have to act in every way we can’ Film Disney at 100: a castle built on magical thinking Many see the company’s recent troubles as the twist in a fairytale saga — but history tells a different story opinion content. I wanted to love driverless taxis, but then my ride took a sinister turn Elaine Moore Life & Arts Lunch with the FT. Republican candidate Chris Christie: ‘Trump wants to be Putin in America’ The former New Jersey governor on his mission to stop the ex-president returning to power FT Magazine. Two North Korean defectors: a tale of secrets, lies and love MOST READ 1. US Supreme Court strikes down Biden’s student loan forgiveness scheme 2. French riots plunge Macron into fresh crisis 3. Amber Rudd leads charge to shake-up London gentlemen’s club 4. Deutsche Bank’s head of human resources to leave after compliance probe 5. Republican candidate Chris Christie: ‘Trump wants to be Putin in America’ NEWS US foreign policy US state department faults Biden and Trump for chaotic Afghan pullout Probe said military planners had failed to consider ‘worst-case scenarios’ and did not properly prepare for evacuation Deutsche Bank AG Deutsche Bank’s head of human resources to leave after compliance probe Michael Ilgner to step down after three years at Germany’s largest lender Russian insurrection Putin seeks to show Russian elite he is ‘strong emperor’ President mingles with crowds as he tries to repair image after coup attempt Europe Express. A glimpse of a different Russia 2 hours ago Russian insurrection Alexander Lukashenko: from Putin’s puppet to Prigozhin’s saviour Belarus strongman agrees to host ‘impulsive’ Russian warlord after failed mutiny opinion content. Wagner is the monstrous legacy of a Russian mercenary tradition Tony Barber Harry Markowitz Obituary. Harry Markowitz, economist, 1927-2023 He sparked a revolution in the way financial markets are understood Mining De Beers and Botswana strike deal on diamond sales after tense talks Negotiations had raised uncertainty over strategic value of miner for owner Anglo American Banks Deadly ‘heat dome’ takes toll on US south and Mexico Extreme temperatures trap more than 110mn people living in area including Texas, Tennessee and Arkansas US banks Largest US banks boost dividends after passing stress tests JPMorgan Chase, Goldman Sachs and Wells Fargo among lenders subject to lighter capital requirements Bankers’ fees plunge to near-decade low owing to deal drought OPINION opinion content. Austerity is back, and this time it’s monetary The Bank of England must avoid overdosing the economy and tolerate above-target inflation for a little longer Andy Haldane opinion content. The Long View. Cash is no longer trash for investors Attractive yields make the case for building a savings pot for future bargains Katie Martin opinion content. Britain must break out of its doom loop Camilla Cavendish opinion content. The FT View. England’s ill-fated experiment with privatising water The editorial board opinion content. On Wall Street. The real risk of private credit does not lie in misbehaviour on Wall Street Mark Vandevelde opinion content. Three warnings about the obesity pills coming after Wegovy John Gapper opinion content. Outlook. How Wagner’s march of fury brought the war home Anastasia Stognei opinion content. Undercover Economist. The 2024 elections will come under attack. We should get ready Tim Harford MORE OPINION * The FT View * Lex * Unhedged * Markets Insight * Inside Business EUROPE NEWS Poland fears Wagner in Belarus could spark migration crisis National security chief warns paramilitaries may try to destabilise central and eastern Europe Eurozone inflation falls to 5.5% French riots plunge Macron into fresh crisis Von der Leyen rejects ECB worries over levy on frozen Russian assets Austrian authorities seize vast terror arsenal from cell of neo-Nazis Dozens of ASML shipments to China face tougher export curbs German financier Lars Windhorst found in contempt of court MORE EUROPE NEWS * European economy * European Union * EU foreign policy * European companies * European equities Disrupted TimesSign up for our newsletter PODCASTS Political Fix. The crisis facing the UK water industry 31 min listen FT Weekend podcast. Why we should read translated novels, with author Georgi Gospodinov 25 min listen Unhedged podcast. Will empty offices hurt the US economy? 14 min listen Rachman Review. Has the Wagner revolt fatally undermined Putin? 20 min listen LIFE & ARTS * Arts * Books * Food & Drink * FT Magazine * Style * House & Home * Travel * FT Globetrotter * HTSI Arts FT Magazine. The enigma of Francesca Woodman and the extraordinary art she left behind House & Home Who would want to take on a fixer-upper? Wine opinion content. FT Magazine. Châteauneuf-du-Pape is back Visual Arts The Aesthete. Curator Jessica Bell Brown talks taste House & Home House museums #23: The Beatles’ Childhood Homes VIDEO play video content. Hydrogen power25 min video content. Can hydrogen help the world reach net zero? play video content. Media29 min video content. Disney: Return of Iger, 'King of Hollywood' | FT Film play video content. Italian politics19 min video content. Italian companies suffer Russia market loss | FT Film play video content. US manufacturing29 min video content. Why 3D printing is vital to success of US manufacturing | FT Film HIGHLIGHTS The Big Read. The last Brexit deal? Gibraltar fears a hard border with Spain A power struggle in Madrid threatens to dash the UK territory’s hopes for a golden age of closer ties with the EU Fearful Tory MPs go absent from Commons in bid to protect marginals opinion content. The Bank of England must have the courage of its convictions Martin Wolf Mystery Mayfair property deals show gaps in UK transparency drive European space telescope aims to solve mystery of the ‘dark universe’ ‘When the morphine wore off, I realised I had outed myself’: senior executives share their stories for Pride Fears grow of deepfake ID scams following Progress hack MORE HIGHLIGHTS * Moral Money * Due Diligence * Cryptocurrencies * Special Reports * Climate Capital Moral MoneySign up for our newsletter MARKETS NEWS FTSE 100 falls flat as UK misses global stock rally Buoyant sterling and falling oil prices have hurt London’s flagship index this year Casino shares tumble on debt-to-equity conversion plan markets content. Markets Briefing. US bond yields rise as ‘scorcher’ data points to strong economy Bank of America nurses $100bn paper loss after big bet in bond market markets content. Markets Briefing. Wall Street shares waver as central bankers warn of more rate rises ETF Hub. Speculation mounts BlackRock bitcoin ETF will get green light Yen slide fuels speculation over government intervention MORE MARKETS NEWS * Alphaville * Markets Data * Capital Markets * Commodities * Currencies * Equities * Fund Management * FT Trading Room * Moral Money * ETF Hub TECHNOLOGY Apple closes above $3tn valuation as shares hit record high Technology group’s stock price has advanced 49% this year after supply chain problems ease Directors' Deals. Directors’ Deals: Chief executive sells a bit of Bytes Chinese tech group joins the battle on falling birth rate Dozens of ASML shipments to China face tougher export curbs Adobe’s $20bn Figma deal set for full UK antitrust probe European companies sound alarm over draft AI law Three men charged with insider trading related to Trump media Spac MORE TECHNOLOGY * Cryptofinance * Semiconductors * Tech Tonic podcast * Trading technology * Tech start-ups * Social Media * Artificial intelligence CryptofinanceSign up for our newsletter BE A PART OF FT COMMUNITY Upcoming events Discover unmissable flagship events and members only communities to expand your thinking and elevate your career. 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