Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Israel has said that it would be willing to delay a long-planned assault on Hamas’s last stronghold in the Gaza Strip if a deal to secure the release of Israeli hostages can be agreed. Hamas said over the weekend that it was studying a new proposal by Egypt and Israel that, according to reports, would lead to a halt in the fighting and a further withdrawal of Israeli forces from Gaza in return for the release of two to three dozen of…

Former President Donald Trump and Florida Gov. Ron DeSantis met for several hours in Miami on Sunday, according to a source close to Trump. The meeting — their first conversation since DeSantis dropped out of the GOP primary in January — was arranged through Steve Witkoff, Trump’s longtime friend and luxury real estate developer, at the request of DeSantis, according to the source. It was first reported by The Washington Post. Witkoff is hosting a fundraiser in Miami for Trump next Sunday, according to a copy of the invite obtained by CNN. DeSantis told donors and supporters at an appreciation…

Behavior, attitude, technique. If you think about these three components in any pursuit, which is the most important? For example, let’s say you resolve to get more physically active. What is the order of priority when considering your behavior, your attitude, and your technique? Most of us respond initially with attitude. I mean, surely having the right disposition, inspiration, and motivation must be the starting point, right? Or spend 30 seconds on social media, and you’ll be flooded with hundreds of self-styled fitness gurus who insist that it is their top three, five, seven, or ten specific exercises and techniques…

The spring buying season is heating up as more houses are on the market and homebuyers are eager to buy now that the winter frost has settled. Fannie Mae’s Home Purchase Sentiment Index, which measures home-selling conditions, increased by 2.1 points in February. This is the third consecutive month the index increased.This increase is largely due to the optimism slowly seeping through the real estate market as selling conditions improve slightly. “The HPSI increased for the third straight month, continuing its slow but steady rise from the low-level plateau observed through much of 2023; and consumer sentiment toward housing now…

Meredith Tabbone first decided to buy and renovate a cheap home in Italy to reconnect with her family history. More than four years and nearly half a million dollars later, her 1-euro home journey has given her a new perspective on work, life, friendships and happiness.Tabbone, 44, is a financial advisor in Chicago. In 2019, she learned about a town in Italy, Sambuca di Sicilia, that was auctioning off abandoned properties starting at 1 euro, or roughly $1.05.At the time, Tabbone was researching her own family history and realized her great-grandfather was originally born in Sambuca before starting a new…

Here’s our Club Mailbag email [email protected] — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. This week, we’re answering two questions. Question No. 1: What is the best, most efficient way to make a regular monthly income in stocks? — Chris Looking at ways to generate regular income from owning stocks is especially relevant given the temptation of a 5% risk-free yield from short-term Treasurys. Buying dividend-yielding stocks is…

Looking for a bite at your local mall? As US malls race to reinvent themselves, they’re turning to sushi conveyor belts, craft-beer membership clubs and Korean barbecue to replace burgers and fries. Over the last few decades, malls became the town center of many American communities. But the pandemic, over-building and a move by consumers toward discount and online shopping changed all that. As anchor department stores left malls, so did some name-brand chains like Ruby Tuesday, Chili’s, Applebee’s and others. What’s taking their place illustrates a large shift in US tastes: There’s a boom in smaller and regional restaurant…

Last updated: April 28, 2024 12:00 EDT | 2 min read ACINQ’s Phoenix Wallet and zkSNACKs’ Wasabi Wallet have decided to discontinue their services for customers in the United States. The move comes as a response to the recent crackdown on self-custodial cryptocurrency wallet providers by regulatory agencies. Both companies have expressed concerns about the classification of self-custodial wallet providers as legitimate money service businesses, following actions taken against Consensys, the creator of Metamask, and crypto mixer Samourai Wallet.zkSNACKs Bans U.S. UsersIn an official statement on April 27, zkSNACKs announced that it would prohibit U.S. users from utilizing its services due to recent announcements by U.S. authorities. Similarly, ACINQ explained in a post on X on April 26 that recent…

Before the month is out, the NFL could decide whether it will open its doors to a slew of institutional investors, including private-equity firms, venture-capital funds, and even sovereign-wealth funds.The topic has been up for debate in part because prices for NFL teams have risen so high that the individual- or family-ownership model is becoming less and less feasible. For example, Forbes has listed the Dallas Cowboys franchise as being worth $9 billion, making it the most valuable team in the league.This raises the question: Are investments in sports teams actually good financial bets, especially for risk-averse investors like pensions…

Rising interest rates and limited VC funding have slowed IPOs in the tech sector.With Instacart, Arm, and Klaviyo going public, the IPO market could be reviving this year.BI profiled 11 startups that are expected to IPO, according to PitchBook’s Exit Predictor. It’s been a relatively quiet few years for public debuts.Initial public offerings (IPOs) have slumped since the record-breaking 2021, when the the likes of likes of Roblox, UiPath, and Rivian listed.The market hasn’t been helped by rising interest rates and a slump in venture capital funding, which has slowed down activity in late-stage startups.But two years on, there is a…