Bond yields have been doing a lot of the heavy lifting for the Federal Reserve by helping keep inflation in check — but that’s coming back to bite the central bank. The swift rise in long-term US Treasury yields over the past few months caused headaches for investors by dragging…

Academics from some of America’s leading universities will meet next week to explore ways to defuse the tensions that have shaken campuses and alarmed donors in the aftermath of Hamas’s attack on Israel.Registrations for Brandeis University’s two-day Presidential Initiative to Counter Antisemitism in Higher Education — originally planned as a…

A worrisome sign for the Federal Reserve is starting to emerge. The Fed keeps a close eye on several risks that could make its job of taming inflation even more difficult, such as red-hot consumer demand keeping some upward pressure on prices and the possible effects of geopolitical tensions in…

Stay informed with free updatesSimply sign up to the Technology myFT Digest — delivered directly to your inbox.There has been much talk about the importance of free speech in recent weeks — and for understandable reasons: having the freedom to speak out without fear of punishment or censorship is tested…

Americans are becoming gloomier about the economy with interest rates at a 22-year high and economic growth widely expected to slow. The University of Michigan’s measure of consumer sentiment fell 5% in November, according to a preliminary reading released Friday. That was the fourth consecutive month that sentiment soured, after…

In 2021, Alstom hailed its acquisition of Canadian rival Bombardier’s train operations as a “unique moment” that would ensure the French company emerged a winner from a new golden age dawning on the global rail industry.Less than three years later, the sound strategic logic of the €5.5bn deal has been…

How much should you tip? It’s one of life’s great mysteries. But the majority of Americans say they tip 15% or less for a typical meal at a sit-down restaurant, according to a wide-ranging new poll on tipping attitudes from Pew Research Center. The poll surveyed nearly 12,000 people. Fifty-seven percent…

If he closes his eyes, Daoud Mohammad Naser can still hear the wind whistling through the olive trees that sheltered him during his flight from mandate-era Palestine 75 years ago.Just six years old during the 1948 Arab-Israeli war — which led to the mass displacement and dispossession of some 700,000…

Ahead of high-stakes meetings next week between the United States and China, US Commerce Secretary Gina Raimondo dismissed the notion there would be a military conflict with China over Taiwan. Both the United States and China “have a desire to stabilize (their) relationship,” Raimondo told CNN’s Christiane Amanpour in an…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Novo Nordisk’s weight-loss drug Wegovy cut the risk of death by 18 per cent in a trial that the Danish pharmaceutical company hopes will convince more health systems and insurers to pay…