BUSINESS
Treasury investors bet on US falling into recession
Yield-curve inversion suggests high chance of economic downturn but riskier assets remain buoyant
BUSINESS
RIP bear market?
So long as the economy and earnings surprise to the upside — so long as they slow down more slowly than expected — stocks should keep their impressive momentum
BUSINESS
What the price of an ancient Roman nail tells us about value
About 2,000 years ago, Roman soldiers buried a million nails in a four-metre pit. Why?
BUSINESS
Jay Powell struggles to explain ‘hawkish pause’ to sceptical economists
Federal Reserve takes a breather on rate rises but signals even more tightening ahead
BUSINESS
Goldman Sachs and Morgan Stanley CEOs see ‘green shoots’ on Wall Street
Bank bosses predict activity will recover after fallow period prompted big job cuts
BUSINESS
The Fed’s waiting game: Is the US economy finally starting to crack?
What has kept the economy afloat and out of the grips of a recession so far is the labour market, which roared back from the depths of the pandemic and has shown surprising strength
BUSINESS
What an amusement park can teach us about central banks
Nobel laureate Robert Lucas used stories to explain how policymakers might engineer a recession — or cause shortages and inflation
BUSINESS
Five reasons investors should expect the unexpected
Five issues that have often been excluded from models and balance sheets before: tech change, the environment, war, health and the political culture of business. All now matter
BUSINESS
Investors pull support for green and social measures amid political pressure
Climate and human rights proposals receive fewer votes in 2023 corporate proxy season
BUSINESS
The myth of the ‘Asian century’
What is really happening is the rebalancing of the world as European and American hegemony dwindles away
BUSINESS
‘Fear of missing out’ drives retail investors to ride AI wave
Net purchases of US stocks hit highest daily level in three months, VandaTrack data shows
BUSINESS
Why the AI boom is not a dotcom redux
The simulation of human intelligence in machines has dramatic potential to change the way the economy works
BUSINESS
Lunch with the FT | Sci-fi writer Ted Chiang: ‘The machines we have now are not conscious’
The visionary author on the limits of AI, the uses of science fiction — and why there’s a 'market opportunity for volleyballs’
BUSINESS
Will ChatGPT be Homer Simpson’s salvation?
Not all transformative technologies destroy jobs. Some help to level the playing field
BUSINESS
Investors turn to AI-guided dealmaking to gain edge over rivals
Accountancy firm KPMG, hedge fund Coatue and VC firm Headline among those incorporating the technology
BUSINESS
Wall Street prepares to take on established crypto companies
Traditional finance groups create digital asset infrastructure untainted by year of crypto scandals
BUSINESS
Wall Street banks re-enter junk debt market
Lenders return to funding leveraged buyouts after painful year in which fees were hit hard
BUSINESS
Lex: The staggering cost of a green hydrogen economy
The clean energy source is generating buzz as an alternative to fossil fuels. The FT calculates that delivering it requires $20tn of investment by 2050
BUSINESS
Tim Harford: What neo-Luddites get right — and wrong — about Big Tech
Is AI the latest threat to livelihoods? That depends on society
BUSINESS
Tech funds: Cathie Wood can’t fight the Fed
Ark Innovation ETF’s dependence on interest rate forecasts undermine stockpicking reputation
BUSINESS
The new gold boom: how long can it last?
Periods of inflation have often boosted the precious metal. This time it is also being bought by central banks worried about geopolitical risk
BUSINESS
Big investors rush into bonds after ‘cataclysmic’ year
Capital Group predicts $1tn will flow into debt markets in next few years as investors move to lock in higher yields
BUSINESS
How to demystify the market prophets
Analysts can be late to the party, often publishing estimates only once a quarter or so. At any given time, the consensus reflects a mix of updated and older numbers
BUSINESS
Joe Biden is forced to pivot back to a divided home front
Biden’s aim of creating a counterweight strategic trade alliance to China has consistently struggled against his domestic imperatives
