The Bank of England has revised the 2025 growth forecast down to 0.75%, highlighting economic challenges. Interest rates have been cut to 4.5%, the third reduction in six months, in response to rising inflation and…
Affordable subscription at $99 for the first year for both print and digital editions. Access to the *FT Weekday Print Edition* from Monday to Saturday, along with the *FT Weekend* edition. Delivers in-depth analyses and…
A federal judge has blocked the Department of Government Efficiency (DOGE) from accessing sensitive Treasury Department payment records. The ruling protects financial data amid an ongoing investigation into spending practices at USAID, led by Elon…
Elon Musk's associates clashed with Treasury officials shortly after Trump's inauguration over foreign aid payments. Administration aides sought a halt on USAID payments, raising legal questions and sparking political turmoil. The acting Treasury secretary suggested…
Subscribe to the Financial Times for just $99 in your first year. Receive the Weekday Print Edition, providing thorough news coverage from Monday to Saturday. Enjoy the FT Weekend for in-depth analyses and reviews every…
The Bank of England has cut interest rates to 4.5%, marking its third reduction in six months due to slowing economic growth. Inflation decreased to 2.5% in December, raising concerns among economists despite being down…
The Bank of England cut interest rates to 4.5% in 2025 amid sluggish economic growth. This decision aims to alleviate financial pressure on UK borrowers as the economy struggles to gain momentum. Governor Andrew Bailey…
Alphabet reported a Q4 revenue increase of 12%, totaling $96.47 billion. Google Cloud revenue rose by 30% to $12 billion, but fell short of analyst expectations. Increased demand for cloud services is driving Alphabet's expansion…
Emails reveal a controversial link between Trump's administration and Elon Musk's allies. Musk's team sought access to the Treasury Department’s payment system for ulterior motives. Access was specifically requested to stop payments from USAID following…
MicroStrategy reports a 50% increase in subscription billings and a 48% rise in cloud service revenues. The company has raised $18.8 billion through equity offerings and $6.2 billion via convertible notes, showcasing financial strength. Innovative…
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