Author: Press Room

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Nato’s European members need to find an extra €56bn a year to meet the alliance’s defence spending target, but the shortfall has halved in the past decade, according to research by Germany’s Ifo Institute for the Financial Times.The research showed many of the EU countries with the biggest shortfalls in Nato’s target for defence spending to hit 2 per cent of gross domestic product — including Italy, Spain and Belgium — also have among the highest levels of debt and budget deficits…

Christine Blasey Ford, the psychology professor who accused Supreme Court Justice Brett Kavanaugh of sexual assault, used a rare interview to detail the trauma she faced after her explosive allegations thrust her into a charged confirmation battle for one of the nation’s most powerful positions. Speaking on CBS Sunday Morning, Ford described how she wasn’t prepared for the backlash her 2018 testimony would inspire and suggested she might not have come forward if she had realized how that experience would affect her and her family. “I like to use the word ‘idealistic,’ but maybe I was naïve for sure about the consequences and…

By Adriana Barrera and Cassandra Garrison MEXICO CITY (Reuters) – Mexico is waiting for the United States to prove imported genetically modified (GM) corn is safe for Mexicans, said Deputy Agriculture Secretary Victor Suarez on Wednesday, as a dispute between the two countries plays out under an international trade pact. In a written submission to a panel of the United States-Mexico-Canada Agreement, Mexico, the top buyer of U.S. corn, argued that science proves GM corn and the herbicide glyphosate are harmful to human health and its native varieties, and that its decree to ban GM corn for human consumption is…

You might be able to save yourself tens of thousands of dollars by reshuffling positions between taxable and tax-sheltered accounts. By William Baldwin, Forbes Staff First decision for investors: allocation. What percentages of your net worth do you want in stocks, bonds, cash, exotic things? Second decision, following right behind: location. Where do you put this stuff? You have to determine which holdings go inside tax-sheltered accounts and which outside. If all of your investment money is in one place or the other, of course, there’s nothing to decide. But most savers nearing or in retirement have assets divided between…

Bitcoin may start to lose its reputation as a volatile asset.According to Bitwise Asset Management’s Matt Hougan, the cryptocurrency’s wild price swings have come down substantially over the past decade.”What’s driving the bitcoin market right now is a simple demand-supply imbalance,” the firm’s chief investment officer told CNBC’s “ETF Edge” on Monday. “We have this huge new source of demand from these ETFs, and we have supply that’s inelastic.”On Jan. 11, the first bitcoin exchange-traded funds began trading. Since then, the asset is up more than 50%. Bitcoin hit an all-time high this week of just under $74,000.Yet, Hougan acknowledges…

When it comes to extending your lifespan, it’s crucial to be cognizant about the foods you put in your body.Dan Buettner has made it his life’s work to research the world’s longest-living people. The 63-year-old coined the term “blue zones,” which refers to the places around the globe where residents’ lifespans exceed the average life expectancy.His research covered a variety of factors, including diet. But what does Buettner himself eat after a lifetime of learning about longevity?”I’ve spent 20 years studying the longest-lived people, and I know what they do as populations to live a long time,” he tells CNBC…

The entire US housing market is about to get remodeled, and the end product could come with a big perk: cheaper home prices. That’s due to a $418 million settlement the National Association of Realtors announced Friday with groups of homesellers. The settlement, which is still subject to a judge’s approval, will eliminate the long-standing standard 6% commission paid by the seller. Those fees, however, are often baked into the listed price of the home. Lower commissions could therefore lower home prices, experts say. And at a time when elevated housing costs are driving inflation across the country, reining in…

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 The interesting thing about cryptos is how they cause change through disruptive technologies. From the start, blockchain technology has been used to transform systems to be more efficient and open to users. This unique idea has spawned many projects with worldwide claim and usage.The most popular example is Bitcoin (BTC) but cryptos like Bitcoin Cash (BCH) and TRON (TRX) are also fairly known. Now, a new project could bring even more change and climb the ranks of the most popular tokens. What’s better is that it could bring 50x gains for investors despite being in presale. Our analysis explores this…

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