Fed-letter day: at last, a rate cut

The rise of generative AI has put new urgency into ancient questions. What is consciousness, and can machines ever have it? We dive into the data that reveal a surge in sexually transmitted infections in Europe. And our obituaries editor considers the life of Mary de Rachewiltz, ...  Show more

From anti-corruption probes to a disgruntled ex-minister calling for elections to disrupted grain shipments, headaches are mounting for Ukraine’s President Volodymyr Zelensky. China has until now coped with a patchy, pricey system for mental-health treatment. The government is no ...  Show more

The first reduction in interest rates for four years shows America’s Federal Reserve thinks inflation is now in check. But does the central bank’s decision suggest it is now concerned about the labour market? Ukraine wants its allies to provide long-range missiles (9:50). Our cor ...  Show more

The Federal Reserve’s interest rate easing began with a half-point cut, and the UK’s financial watchdog has stepped up pressure on banks to offer more attractive interest rates on deposits. The FT’s Mehul Srivastava unravels the supply chain behind the pagers that exploded in ...

The Federal Reserve slashed interest rates aggressively Wednesday, announcing the first rate cut since March 2020. The half-point move paves the way for lower borrowing costs on everything from mortgages to credit cards. It marks a crucial milestone for the central bank’s histori ...  Show more

The Federal Reserve has cut interest rates for the first time this year and China is banning its tech companies from buying AI chips made by Nvidia. Plus, how did the Swiss National Bank become one of the world’s top investors in US tech? Mentioned in this podcast:Federal Reserve ...  Show more