Boeing President and CEO Dave Calhoun leaves after testifying during a Senate Homeland Security and Governmental Affairs Committee Investigations Subcommittee hearing to examine “Boeing’s broken safety culture” on Capitol Hill in Washington, DC, June 18, 2024. Samuel Corum | AFP…
The epic rally in shares of tech behemoths is far outpacing their profits, and it could mean the S&P 500 is looking more vulnerable, according to Apollo Global Management chief economist Torsten Sløk. In a note on Sunday, he pointed out that…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Marine Le Pen’s far-right party has battered President Emmanuel Macron’s centrist alliance in the first round of snap parliamentary elections,…
Democrat candidate, U.S. President Joe Biden, and Republican candidate, former U.S. President Donald Trump, attend a presidential debate in Atlanta, Georgia, U.S., June 27, 2024. Brian Snyder | Reuters Democrats are making the rounds on the Sunday media circuit working…
Indebted countries are vulnerable to a precipitous loss of confidence even though that risk is barely acknowledged in bond markets, the Bank for International Settlements warned. The Basel-based institution said in its annual economic report released on Sunday that countries whose bloated…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. French voters on Sunday turned out in record numbers in the first round of a high-stakes snap election that could…
Landing a job has become more difficult, even while the labor market may look robust — and it’s a situation that scammers are eager to exploit. It’s a big enough issue that federal agencies like the FBI and Federal Trade…
The twin-peaked lumber bubble of 2021 and 2022 that once drove home building costs through the roof and exacerbated inflation is now nothing more than a memory. Spot lumber prices have plummeted 75% from their May 2021 record high of…
Unlock the US Election Countdown newsletter for free The stories that matter on money and politics in the race for the White House It is not particularly fashionable to point out when Donald Trump gets something right (whether accidentally or…
The investment world loves goalposts to measure, compare, and even hold sacred. One of the most holy is the price-to-earnings ratio , defined as a stock price divided by its net income per share. The higher the PE ratio, the…