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S&P Downgrades Senegal After Government Unveils Debt Rework
S&P Global Ratings cut Senegal’s credit score further into junk territory, saying a distressed debt exchange or default on the country’s foreign-currency commercial debt is …
Hedge Funds Hike Bullish Oil Bets to May High as Iran War …
Hedge funds turned the most bullish on Brent crude since May as a fresh spate of fighting between the US and Iran heightened concerns about …
Lutnick to Review Pentagon Deals Involving Cerberus Firms
Commerce Secretary Howard Lutnick has been chosen by the Department of Defense to review any transactions between the Pentagon and companies associated with Cerberus Capital …
Wall Street Risk Complex Defies Rate Threat After Jobs Data
The global bond selloff is proving no wrecking ball for Wall Street, repricing the cost of money without setting off the usual scramble out of …
Algorithm Research CEO on Interest Rates Expectations
Ketaki Sharma, founder and CEO of Algorithm Research, says the inflation is the main factor to watch in assessing the the bond market and the …
Honey Deuces, Tickets, Merch: US Open Spending
Bloomberg's Lisa Mateo joins Scarlet Fu and Tom Keene on "Bloomberg Money." They discuss how people are spending their money at the US Open. (Source: …
Parents Push Teens to Start Investing Earlier Than They Did
Bloomberg's Josyana Joshua joins Scarlet Fu and Tom Keene on "Bloomberg Money." Many parents are opening accounts that let teens learn the basics of investing …
Heineken Highlights Nonalcoholic Beer, Serena Williams in US Open Partnership
Maggie Timoney, CEO of Heineken USA, said Heineken's 0.0 nonalcoholic beer has seen success because consumers are looking to moderate their alcohol consumption, even if …
Healey puts Britain on notice for tough Budget in ‘more dangerous world’
New chancellor tells the FT that he and Prime Minister Andy Burnham are determined ‘to meet the fiscal rules’
Maga’s favourite combat sport takes off in China
The Las Vegas-based UFC now has 20 Chinese fighters on its roster
‘There’s a desire to see steadiness’: Healey sounds pro-business note as he …
UK chancellor refuses to rule out higher taxes on banks in his first Budget, but tells FT he will press ahead with City deregulation drive
Anthropic close to awarding Morgan Stanley and Goldman top roles in $2tn …
AI giant on track to unveil paperwork underpinning its blockbuster Wall Street debut as soon as next week
US economy smashes forecast with 162,000 jobs added in August
Expectations for Federal Reserve rate rise in September tick up after strong report
Farage’s merry band used to enjoy conference. Not this year
After Reform UK was hit by an undercover sting, the old jokes did not land as they used to
Nigel Farage’s pile of financing scandals
Undercover report raises new questions over funding of Reform UK
VW's CEO Wins Backing for Turnaround Plans
Europe's largest carmaker Volkswagen plans to slash an additional 50,000 jobs as it struggles to compete with cheaper Chinese rivals. Melanie Boeff explains. (Source: Bloomberg)
US Retail Diesel Hits Record
US retail diesel rose to a record, threatening to further spike energy-driven inflation as wars in Iran and Russia roil the market. The widely used …
Dangote Gets Regulator’s Approval for $1.6 Billion IPO
Nigerian billionaire Aliko Dangote is looking to raise $1.6 billion in the initial public offering for his refinery, Africa’s largest.
Venezuela’s jumbo oil deal does little to appease its creditors
Ordinary bondholders will want evidence that Caracas can produce and sell enough oil, in dollars, to repay what is left of their debt
Pragmatism should define Burnham’s approach to business
The prime minister needs to defy the vibes of tax-and-spend socialism
Farage insists Reform has ‘broken no law’
Two key advisers stepped down following undercover sting that alleged party knowingly sought illegal overseas funding
Strong August US payrolls report bolsters odds of September rate rise
Job numbers well above consensus, adding to hawks’ argument that inflation is a bigger problem than the labour market
S&P 500 Ends Week Flat as Strong Jobs Growth Fuels Fed-Hike Bets
US stocks finished lower on Friday as the American economy added more jobs than expected in August, raising expectations that the Federal Reserve may hike …
FirstFT: Markets await US jobs update
Also in today’s newsletter: Maria Bartiromo leaves Fox News and OpenAI releases new model
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