Latest in FirstFT: UK manufacturing confidence slumps after Rachel Reeves’ Budget
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UK rail travel returns to normal after problems with a radio system disrupted the morning commute
British rail travel is returning to normal after problems with a radio system used by drivers and signalers nationwide caused widespread disruption during the morning commuteABC News - Dec. 6 -
US adds 227,000 jobs in November, rebounds from October slump
The U.S. job market rebounded in November after a major slowdown, according to data released Friday by the Labor Department. The U.S. added 227,000 jobs last month and the jobless rate ticked ...The Hill - Dec. 6 -
FirstFT: US equity funds record $140bn of inflows after Trump’s election win
Also in this newsletter, South Korea’s ruling party warns president could impose martial law again and the FT’s most influential women of 2024Financial Times - Dec. 6 -
Will China’s manufacturing juggernaut run out of road?
Faced with weak demand at home and the threat of tariffs abroad, Beijing is under pressure to rethink its export-driven modelFinancial Times - Dec. 6 -
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French Prime Minister Michel Barnier to resign after parliament's no-confidence vote
French Prime Minister Michel Barnier met with President Emmanuel Macron Thursday to submit his resignation in the wake of the no-confidence vote his country's parliament passed Wednesday. BBC ...CBS News - Dec. 5 -
Congress's budget gimmicks: A history of failure
Congress has a long history of using gimmicks to reduce government spending and balance the budget, but these efforts have not been successful, as evidenced by the current budget situation.The Hill - Dec. 5 -
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UK businesses expect lower margins and higher prices after Budget
Survey finds 54% of companies plan to raise prices in 2025 after national insurance increaseFinancial Times - Dec. 5 -
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FirstFT: Bitcoin hits $100,000 on back of Trump support
Also in this newsletter, French parliament removes prime minister and Trump discusses replacing defence secretary pickFinancial Times - Dec. 5 -
French prime minister resigning after parliament's no-confidence vote
French Prime Minister Michel Barnier is resigning after a no-confidence vote by lawmakers, fueling concern over a "new era of political instability."CBS News - Dec. 5 -
A Mexican Factory Paid Off for a U.S. Manufacturer. Tariffs Could Make It a Liability.
While the off-road-vehicle maker Polaris has benefited from moving some production south, Trump’s levy proposal is primed to add millions in costs.The Wall Street Journal - Dec. 5 -
Let's check in on 10 intriguing QB situations: Mahomes' slump, Herbert's surge
Why has Patrick Mahomes not been himself? Our reporters check in on 10 quarterback situations.ESPN - Dec. 5 -
French government collapses in no-confidence vote
Michel Barnier's ousting over a budget bill deepens France's current political crisis.BBC News - Dec. 4 -
French Government Falls After National Assembly Approves No-Confidence Vote
The vote marks the first time in decades a prime minister has been ousted by lawmakers, as political paralysis grips the countryThe Wall Street Journal - Dec. 4 -
French government topples after losing no-confidence vote. What happens next.
France could be set for months of potentially market-roiling political uncertainty after a no-confidence vote ousted the minority coalition government led by Prime Minister Michel Barnier.MarketWatch - Dec. 4 -
France in political crisis after no-confidence vote topples government
Minority coalition of PM Michel Barnier falls after three months, the shortest of any administration of France’s Fifth Republic. France has been plunged into political crisis after a ...The Guardian - Dec. 4 -
Hegseth slams 'manufactured media takedown' of him in WSJ op-ed
Pete Hegseth, President-elect Trump's pick to lead the Defense Department, condemned the press for what he described as a "manufactured media takedown" of him. "The press is peddling anonymous ...The Hill - Dec. 4 -
Inside France's impending no-confidence vote
A no-confidence vote will be held in France Wednesday in a bid to remove French Prime Minister Michel Barnier after Barnier tried to force through a budget bill without a vote. CBS News reporter ...CBS News - Dec. 4 -
Trump taps ex-aide Peter Navarro for senior counselor on trade and manufacturing
President-elect Trump on Wednesday named his once-jailed former aide Peter Navarro as senior counselor for trade and manufacturing to the incoming White House, picking a loyal ally to help ...The Hill - Dec. 4 -
Hormel’s stock slumps as sales are still being hurt by weak turkey prices
Hormel was impacted by lower prices for whole-bird turkeys this year, as well as a production interruption at a Planters facility in Virginia.MarketWatch - Dec. 4 -
Lloyds boss warns of UK ‘investability problem’ after motor finance ruling
Sector left reeling after court backs consumer complaints about ‘secret commissions’ on car loansFinancial Times - Dec. 4 -
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FirstFT: South Korea’s Yoon Suk Yeol faces calls to resign after failed martial law order
Also in this newsletter, France’s Michel Barnier faces no-confidence vote, and Bank of England governor hints at rate cutFinancial Times - Dec. 4 -
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Vivek Ramaswamy Calls Out Loans for Electric Vehicle Manufacturing
Ramaswamy will co-lead the planned Department of Government Efficiency along with Tesla CEO Elon Musk. One of the loans is for Rivian, a Tesla competitor.Inc. - Dec. 3 -
L.A. rethinking LeBron's 82-game goal amid slump
LeBron James' recent struggles have the Lakers rethinking the initial goal to have him play in all 82 regular-season games.ESPN - Dec. 3 -
Michel Barnier defends budget in TV interview as government faces no confidence vote on Wednesday – live
Minority government of prime minister faces near-certain defeat in a no-confidence vote that could spark crisis. The Libertés, indépendants, outre-mer et territoires (Liberties, Independents, ...The Guardian - Dec. 3 -
Ms. Rachel, YouTube Star, Is Creating a Holiday Toy Frenzy
Rachel Accurso might be this era’s Mister Rogers, if he had been on YouTube, TikTok and Instagram. Toy companies and publishers all want a piece of the action.The New York Times - Dec. 3 -
Husband of UK royal took own life after ‘adverse effects of medication’
Coroner says evidence suggests Thomas Kingston, who was married to Lady Gabriella, had a ‘lack of suicidal intent’. The son-in-law of Prince and Princess Michael of Kent killed himself after ...The Guardian - Dec. 3 -
China bans exports to U.S. of some materials for electronics manufacturing
China has banned exports to the U.S. of some materials essential to the manufacturing of electronics and some military equipment. It comes in response to Washington's chip sanctions on Beijing. CBS ...CBS News - Dec. 3 -
Barnier to face no-confidence vote on Wednesday
French government likely to fall after just 3 months in office over PM’s attempt to force through budget measuresFinancial Times - Dec. 3 -
Dozens of Tamils arrive in UK after three years stranded on Diego Garcia
Lawyers and campaigners hail removal of 47 people from remote Indian Ocean island as ‘a big day for justice’. Dozens of people stranded in hellish conditions for more than three years on the remote ...The Guardian - Dec. 3 -
French Government Faces No-Confidence Vote Over Budget Bill
Prime Minister Michel Barnier pushed a budget bill through the lower house of Parliament without a vote. A no-confidence vote this week could topple him and his cabinet.The New York Times - Dec. 3 -
Sanofi to Invest $1 Billion in New Insulin Manufacturing Base in China
The new base, which will be located in Yizhuang, Beijing, marks Sanofi’s second production site in the capital and its fourth in the country.The Wall Street Journal - Dec. 3 -
FirstFT: Critics see chance to close US accounting regulator
Also in this newsletter, Nato’s new chief warns of ‘dire threat’ of a bad Ukraine peace deal and China hits back against chip sanctionsFinancial Times - Dec. 3 -
French government faces no-confidence vote over Barnier's austerity budget
French Prime Minister Michel Barnier is bracing for a no-confidence vote this week, a political reckoning poised to topple his fragile government and send shockwaves across the eurozoneABC News - Dec. 2 -
French government teeters after PM Barnier forces through budget
Michel Barnier is unlikely to survive a no-confidence vote, tabled by left and far-right parties.BBC News - Dec. 2 -