UBS bets on the US

Nato secretary-general Mark Rutte told the FT that Europe’s rearmament drive was sustaining 195,000 US defence jobs through $300bn in arms orders, and Bending Spoons’ initial public offering will test how a page out of the private equity playbooks works in public markets. Plus, K ...  Show more

The US Supreme Court blocked President Donald Trump from firing Federal Reserve governor Lisa Cook, and investors are pivoting from the Magnificent Seven Big Tech stocks. Plus, foreign investors are worried the Japanese government is in danger of backsliding on corporate reforms. ...  Show more

The countdown is on: Chancellor Rachel Reeves has just six weeks to finalise her Autumn Budget before the November 26 deadline. This week, she was in Washington DC for the annual meeting of the IMF, where she hinted at tax rises for the rich, while pinning some blame for Britain’ ...  Show more

The economic cost of the government shutdown is mounting, as workers miss paychecks and contracts stall. President Trump’s feud with Colombia is deepening, with threats to cut aid testing a decades-long alliance. And in France, outrage is growing after the Louvre jewel heist, wit ...  Show more

President Trump faces questions on whether tariffs will remain in place as he welcomes trade negotiations with other countries. Forecasters warn of a heightened risk of recession as tariffs could mean higher prices and slower economic growth. And, the Trump administration has two ...  Show more

Members of Congress are trying to force a vote to make the Trump administration release more of the Epstein files. The cryptocurrency World Liberty Financial co-founded by the President and his sons started trading publicly this week. And, China held a military parade to commemor ...  Show more