Wall Street will stymie Trump’s US oil surge plan, say shale bosses
Output set to rise more slowly under new president than during Joe Biden’s term
Read more at Financial Times
Topics
-
Trump crypto plans have Wall Street CEOs ready to jump into digital assets
Top Wall Street banks say they're ready to get more active in crypto if the Trump administration rolls out favorable policies.CNBC - 55m -
FirstFT: US oil output growth to slow despite Trump’s ‘drill, baby, drill’ plan
Also in today’s newsletter, OpenAI in talks to split and the Sackler family agrees $7.4bn opioid settlementFinancial Times - 1h -
Wall Street Journal pans Trump Jan. 6 pardons: 'Law and order?'
The editorial board of The Wall Street Journal is criticizing President Trump's decision to pardon more than 1,500 his supporters who attacked the Capitol on Jan. 6, 2021. "This is a rotten message ...The Hill - 1d -
‘Animal spirits alive’ as Wall Street bankers anticipate Trump boom
US president is expected to slash financial controls and prompt wave of dealmaking. Wall Street bankers say they are at the beginning of “go mode” as they expect Donald Trump’s return to the White ...The Guardian - 2d -
‘It was pure accident’: how Chase UK’s boss went from communist Poland to Wall Street banking … via linguistics
Having left the library behind, the once budding academic talks about building JP Morgan’s UK digital lender from scratch. It all started in spring 2019, in a secret office on the seventh floor of ...The Guardian - 2d -
Wealth of US ‘oil-garchs’ went up 15% in nine months as industry figures plan Trump inauguration party
Oil and gas firms have given more than $75m to Trump’s campaign and stand to benefit from his ‘drill, baby drill’ plan. As Joe Biden warns in his farewell address as president that “an oligarchy is ...The Guardian - 5d -
Wall Street stocks post biggest rally since Trump’s election victory
Easing underlying US inflation and strong bank earnings boost equitiesFinancial Times - Jan. 15 -
Wall Street looks forward to a bonfire of capital and climate rules under Trump
Profits are poised to dominate in a new era shorn of years of hard-won regulatory restrictions. When some of the biggest banks on Wall Street reveal their full-year earnings this week, they will ...The Guardian - Jan. 11 -
Gold set to rally further this year, say Wall Street banks
Yellow metal expected to continue to benefit from buying by global central banksFinancial Times - Jan. 2
More from Financial Times
-
UK businesses cut jobs at fastest pace since 2009 bar the pandemic
S&P’s results add to gloom about economy as employment levels fallFinancial Times - 27m -
Gen Z Americans are leaving their European cousins in the dust
Millennials across the west were united in their economic malaise. Their successors not so muchFinancial Times - 7h -
Active ETFs are a wheeze — an extremely clever one
They undercut traditional managers while upselling traditional ETF investorsFinancial Times - 7h -
X refuses to remove stabbing video watched by Southport killer
Axel Rudakubana was able to view Australian clip before murdering three young children despite pleas from authoritiesFinancial Times - 14m -
Europe can import disillusioned talent from Trump’s US, says Lagarde
ECB president defends EU strengths and insists it is ‘not a basket case’Financial Times - 20m
More in Business
-
Constitutional amendment to allow Trump third term introduced in the House
President Donald Trump has hinted at the possibility of somehow serving a third term in office.CNBC - 5m -
Treasury bonds drift lower as Fed meeting shifts into focus
Treasury yields were shifting lower on Friday, with investors looking ahead to next week’s Federal Open Market Committee Meeting.MarketWatch - 8m -
Here’s what really happens to economic growth after corporations get tax cuts
Raising corporate taxes — not cutting them — frequently delivers faster economic growth.MarketWatch - 10m -
X refuses to remove stabbing video watched by Southport killer
Axel Rudakubana was able to view Australian clip before murdering three young children despite pleas from authoritiesFinancial Times - 14m -
Europe can import disillusioned talent from Trump’s US, says Lagarde
ECB president defends EU strengths and insists it is ‘not a basket case’Financial Times - 20m