The Latest Breaking News from FT

Atlanta Fed President Raphael Bostic said waiting to cut rates is risky.

SoftBank had to start talks with TSMC after it canceled plans to produce AI processors with Intel as the company failed to meet production requirements.

UK bank wanted to quell criticism over involvement with defence firms supplying Israeli military.

Harris has a three percentage point lead on Trump in national polls.

Elliot Management follows Sequoia Capital's assessment that AI is overhyped, which makes Nvidia's stock a bubble.

Keir Starmer has made rebuilding ties with Brussels a top priority since the general election, after years of mistrust between the two sides over Brexit

Former president says he will end persecution of crypto industry if he wins US election in November

Congratulations are in order to Nik Storonsky, co-founder of Revolut and arguably the most patient businessman in London. He has had to wait a tedious three years to finally secure a British banking licence, opening the door up to further expansion for the $45 billion fintech.

The number of AI companies founded in the U.S. between 2013 and 2023 totaled 5,509, more than all the other countries combined, S&P Global said.

Heck, they even have a theme song.

Revamp of 42-storey block when bank moves out in 2027 will include new terraces and leisure facilities