Investing

One of the scariest things about a home equity loan is that the lender has permission to sell your house if you fail to keep up with repayments. In exchange for loaning you a big lump sum of cash, the financial institution is granted a legal claim on your property and the right to take

Three Arrows Capital has filed for bankruptcy in the US, highlighting the scale and reach of the prominent crypto investment firm’s borrowings across the industry before it collapsed into liquidation this week. The Chapter 15 bankruptcy filing in Manhattan federal court late on Friday came just days after Three Arrows was pushed into liquidation in

Viktoriia Vasylieva, a wedding photographer, and her eight-year-old daughter returned to their home in Kyiv in recent weeks — enjoying the relative peace in a city that felt distant from the brutal artillery war raging in Ukraine’s eastern Donbas region. But the calm was shattered again this week in a deadly rocket attack. In a

Reinvestment, in which the generated interim income is reinvested back into the investment, is known to increase long-term returns. However, some investors opt to receive periodic payments from their investments, depending on their specific needs. Periodic coupon or interest payments from bonds, which are debt instruments, and regular dividends, which are cash payments from stocks and mutual funds, can

The things that might have emerged if only Sophie Freud had just once hauled herself on to a couch for a session of psychoanalysis. There was the wartime escape from Europe, the estrangement from an uncaring father and the conflicted feelings for her mother. Looming over it all was the shadow of her famous family

Europe wants to cut tobacco use to less than 5 per cent of the population by 2040. Encouraging locals to stub out their Gauloises will be easier if young users never pick up the habit. A proposed ban on the sale of flavours for heated tobacco products such as British American Tobacco’s Glo is one

When it was launched, Bitcoin (BTCUSD) was envisaged as a medium for daily transactions by its inventor, Satoshi Nakamoto. The idea behind a decentralized cryptocurrency was to eliminate centralized control of money from government agencies and ensure speedy processing of transactions. More than a decade later, observers are questioning whether the cryptocurrency has failed to

At one point in February 2020, a single cruise ship — the Diamond Princess — accounted for more than half of the world’s confirmed cases of Covid-19 outside China. The 3,700 passengers and crew endured a grim quarantine off Japan; seven died. But Covid has not proved to be an existential threat for the industry.

This article picked by a teacher with suggested questions is part of the Financial Times free schools access programme. Details/registration here. Specification: Market failure, government intervention and government failure Click to watch the short video below and then answer the questions: Draw an externalities diagram related to the farming industry What policies could a government introduce

While the S&P 500 posted its worst performance for the first half of the year since the 1970s, and other global markets have struggled as central banks raise interest rates, there’s a bull market underway in China. Easing virus restrictions and a looser policy stance have helped Chinese equities defy the recent sell-off of global stocks. Chinese authorities also

Russian president Vladimir Putin has already drawn his energy battle lines in Europe. On Friday, he added Asia. Russia will force the ownership of its Sakhalin-2 natural gas project into a local entity, threatening the investments of foreign groups including Shell and Japanese trading companies. It is a shot across the bows of energy producers

US government bonds rallied sharply on Friday and stocks pulled back after a gloomy report on America’s factory sector intensified concerns over the outlook for the world’s biggest economy. The yield on the 10-year Treasury note, a benchmark for global government bond markets as well as consumer loans and mortgages, dropped 0.1 percentage points to

Pro bono is short for the Latin phrase pro bono publico, which means “for the public good.” The term generally refers to services that are rendered by a professional for free or at a lower cost. Professionals in many fields offer pro bono services to nonprofit organizations. These organizations include hospitals, universities, national charities, churches,

Turkey has banned access to two international public broadcasters, striking a blow to freedom of expression in the country and risking renewed tensions with the west. The websites of Germany’s Deutsche Welle and the Turkish-language version of US public radio service Voice of America were blocked by an Ankara court on Thursday night after they

For the best part of a century Samuel Coleridge-Taylor’s name was known, if at all, for his choral work Hiawatha’s Wedding Feast, and even that only enjoyed a shadowy presence. Although music students knew of its existence, performances were few and far between. Now Coleridge-Taylor’s music is undergoing an overdue re-evaluation. The three works on

The Supreme Court’s ruling Thursday limiting the Environmental Protection Agency’s (EPA’s) ability to regulate carbon emissions could ultimately lead to decisions that impact the federal government’s ability to regulate everything from climate change to tech. In a 6-to-3 decision, the court ruled that the EPA overstepped its authority by passing rules to cut power plant

Several economists took the knife to their second-quarter GDP forecasts in the wake of a disappointing consumer spending report that has added to concerns about a slowdown for the US economy. Some forecasters even think the world’s biggest economy will contract for the second consecutive quarter, passing the threshold for a technical recession. Personal consumption

Peggy Hollinger is right that sustainable aviation fuel alone is not enough to get the industry to net zero emissions by 2050 (Report, June 22). But that’s a case for more investment in science and technology, not to give up hope on this commitment. We all know that flying is directly contributing to climate change.

The First Company to Issue Stock The Dutch East India Co. holds the distinction of being the first company to offer equity shares of its business to the public, effectively conducting the world’s first initial public offering (IPO). It also played an integral role in modern history’s first stock market crash. Often referred to by the

Traders on the floor of the NYSE, June 29, 2022. Source: NYSE (Click here to subscribe to the new Delivering Alpha newsletter.) A majority of Wall Street investors believe the market stands pretty much dead in the water for the rest of 2022 and, as a result, think it’s time to buy dividend-paying stocks, according to the

The US Supreme Court has curbed the ability of America’s top environmental regulator to limit greenhouse gas emissions from power plants in a landmark ruling that deals a blow to the Biden administration’s fight against climate change. In a majority opinion authored by chief justice John Roberts, the justices ruled that the Environmental Protection Agency

French MPs have chosen Éric Coquerel, a radical leftist who calls himself an opponent of neoliberalism and capitalism, to chair the National Assembly’s crucial finance committee, heralding trouble in parliament for president Emmanuel Macron’s minority government. The elevation on Thursday of Coquerel — an MP in Seine-Saint-Denis north of Paris for Jean-Luc Mélenchon’s red-green alliance, the

If you invest in stocks, you should keep an eye on the bond market. If you invest in real estate, you should keep an eye on the bond market. If you invest in bonds or bond ETFs, you definitely should keep an eye on the bond market. The bond market is a great predictor of

Shares in Sanrio shot up as much as 15 per cent on Thursday morning after the Japanese company behind Hello Kitty struck a licensing deal with Chinese ecommerce group Alibaba in a bid to expand its footprint. The five-year deal signed with Alibaba’s intellectual property licensing subsidiary, Alifish, will cover Sanrio’s cast of characters including

Good morning. Yesterday we read in several respectable news outlets that the era of low inflation is over. Unhedged is heading into its concrete bunker, sure, but we wouldn’t be surprised if when we emerge in 2024 that CPI is back to 1.5 per cent. Send us your thoughts: robert.armstrong@ft.com and ethan.wu@ft.com. China: better, sort

The story of Instagram’s explosive rise reads like a Silicon Valley fairy tale, with the company gaining staggering momentum within just a few short months. The photo and video-sharing social media application took only eight weeks for software engineers to develop before it was launched on Apple’s mobile operating system in October 2010. In less than

Covid infections continue to rise across the UK, with the latest data from the Office for National Statistics showing 1.7mn people testing positive, a 23 per cent increase on the week before. Many other countries are experiencing similar increases, driven mainly by the recent BA. 4 and BA. 5 subvariants of Omicron, and hospitalisations are

The world’s top central bankers have warned that the era of low interest rates and moderate inflation has come to an end following the “massive geopolitical shock” from Russia’s invasion of Ukraine and from the coronavirus pandemic. Speaking at the European Central Bank’s annual conference, Christine Lagarde, its president, Jay Powell, chair of the Federal

Spirit Airlines once again rejected a sweetened takeover offer from JetBlue Airlines, citing antitrust concerns and asked its shareholders to vote for a merger with rival Frontier Group at a meeting tomorrow. In the latest offer, JetBlue raised the value of the offer to $34.15 per share, representing a 51% premium to Spirit’s stock. It also raised the breakup fee by

French footballer Kylian Mbappé is following fellow superstars Cristiano Ronaldo and Lionel Messi into the world of non-fungible tokens by becoming an investor in a SoftBank-backed fantasy football platform. Mbappé, 23, will also become a brand ambassador for Sorare, which operates an online game where players can create football teams based on the digital trading