Jay Powell faces tough crowd in Jackson Hole after inflation errors
As central bankers from around the world descend on Jackson Hole, Wyoming, for the first in-person annual conference since 2019,...
Politics
Yen weakness forces unprecedented PlayStation price rise
Sony has raised the price of its PlayStation 5 console in Europe, the UK, Japan, China and other key markets...
Ethiopia’s ceasefire ends as fighting erupts in north
Fighting has erupted in northern Ethiopia, ending a months-long ceasefire and dashing hopes for peace in a conflict that has...
Hip-hop producer DJ Premier: ‘I’ll be 90 and making boom-bap!’
“When I left Houston to go live in New York, my father said: ‘Son, I don’t get this whole hip-hop...
BoE/rates: rising reserve costs may prompt stealth tax on banks
Banks have waited years for higher interest rates to revive their fortunes. But in the UK, where markets predict interest...
FirstFT: Biden’s student debt relief plan triggers inflation warnings
Good morning and we start today with Joe Biden’s long-awaited student debt relief proposal.The US president yesterday said that the...
Pfizer races to beat rivals for slice of $10bn respiratory jab market
Pfizer has said it will seek approval for a vaccine targeting respiratory syncytial virus in older adults after reporting positive...
The carbon footprint fixation is getting out of hand
Do you remember where you first heard the term “carbon footprint”? Neither do I. For many of us, the term...
A Beautiful Ending by John Jeffries Martin — on the bright side
The world is coming to an end. The fact isn’t controversial; just the timetable. As Bertrand Russell said about nuclear...
Level of top GCSE grades drops as schools return to exams after Covid disruption
The level of top GCSE grades awarded in England, Wales and Northern Ireland fell this year, as schools and colleges...
Hyundai tackles Washington over loss of electric vehicle subsidies
The chair of Hyundai Motor has gone on an urgent trade mission to Washington this week, after the Korean car...
Global stocks rise ahead of Jackson Hole economic symposium
Global stocks ticked up on Thursday as investors braced themselves for a deluge of headlines from the Jackson Hole central...
China’s power crunch and why SoftBank cut back on Alibaba
Hello, this is Kenji from Hong Kong, where we are in the midst of the mid-year earnings season. The overall...
Sunak claims he was gagged over COVID lockdowns
Rishi Sunak has said it was "wrong to empower scientists" during the pandemic and claimed lockdown "trade-offs" were never properly...
Who’s in the running for top jobs in the next government?
We are only days away from finding out who out of Liz Truss and Rishi Sunak will become the next...
Plaid Cymru councillor’s ‘xenophobic’ gun photo investigated by police
Police are investigating a social media post which appeared to show a Plaid Cymru councillor posing with a gun while...
‘My record speaks volumes’: Priti Patel hints she wants to stay on as home secretary
It was a 3am rise for a dawn police raid in Surrey. But the home secretary - a regular at these kind...
What you need to know about Liz Truss, the frontrunner to be the next PM
After weeks of blue-on-blue battles, Liz Truss looks set to see off her rival Rishi Sunak to win the Conservative...
Truss Environment Agency budget cuts resulted in ‘doubled sewage discharge’, Labour claims
Liz Truss has been accused of presiding over budget cuts to the Environment Agency that have resulted in "doubled sewage...
Money for Ukrainian refugee hosts ‘should double’, says minister in charge of scheme
Families who have taken in Ukrainian refugees should receive double the funding amid the cost of living crisis, the minister...
