Close Brothers swings to loss as banks brace for potential car finance redress costs
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‘Nuclear bomb’ ruling on car finance could spur UK bank deals
Consolidation is back on the agenda for industry as bankers eye more mergers and acquisitionsFinancial Times - Mar. 10 -
A new car costs nearly $50,000 on average: Here’s how much you'd pay per month
The cost of a new car could set you back $1,000 per month—here’s how to lower costs.CNBC - Mar. 8 -
UK watchdog tells banks to prepare for redress scheme on car loans
FCA to announce decision on compensation within six weeks of court rulingFinancial Times - Mar. 11 -
Senate Banking panel advances stablecoin bill
The Senate Banking Committee voted Thursday to advanced legislation to create a regulatory framework for payment stablecoins. The movement on the GENIUS Act marks a key win for the Trump ...The Hill - 4d -
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...NBC News - Mar. 9 -
Here's why banks don't want the CFPB to disappear
For years, American financial companies have fought the Consumer Financial Protection Bureau — the chief U.S. consumer finance watchdog — in the courts and media, portraying the agency as ...NBC News - Mar. 10 -
Altadena Residents Face High Costs as They Begin to Rebuild Their Homes
The realities of construction costs and insurance payments after the Eaton fire have set in for residents.The New York Times - Mar. 8 -
Trump set to nominate Michelle Bowman as Fed’s top bank supervisor
President Donald Trump is set to nominate Federal Reserve Governor Michelle Bowman to be the central bank’s top bank supervisor, a White House official confirmed to MarketWatch.MarketWatch - 5d -
Tariffs could cost Americans an extra $1,600 a year. Here’s where to find that money in your household budget.
10 practical tips, tricks and hacks for fortifying your finances against a trade war.MarketWatch - Mar. 11
More from Financial Times
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Hong Kong’s cargo sector faces a tariff test
The city’s strategic position makes it increasingly vulnerable to escalating geopolitical tensions between the US and ChinaFinancial Times - 1h -
UK’s red tape cut should follow business world’s dotted lines
Companies undergoing efficiency drives know that such a mission calls for hard numbers and goalsFinancial Times - 1h -
Economists forecast slowing US growth and increased inflation
Also in today’s newsletter, US’s campaign against the Houthis and the man moving Meta to the rightFinancial Times - 1h -
Criminals use AI in ‘proxy’ attacks for hostile powers, warns Europol
EU police agency says organised crime rings use artificial intelligence to amplify their ‘speed, reach, and sophistication’Financial Times - 2h -
The Eurozone’s moment of truth
Its strengths and weaknesses are well known, but the Trump administration is creating new opportunities and threatsFinancial Times - 2h
More in World
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Live Updates: Israel Carries Out Deadly Strikes in Gaza and Warns of Intensified Attacks
The assaults targeting Hamas killed more than 400 people, local officials said, and were the first major strikes in Gaza since both sides agreed to a truce in January.The New York Times - 8m -
Benefits crackdown ‘to save £5bn by 2030’, claims Liz Kendall as disability charities say cuts are ‘immoral’ – UK politics live
Work and pensions secretary says one in 10 people of working age are claiming sickness or disability benefit. Q: Why have you changed your mind on this? . Badenoch says she has not changed her ...The Guardian - 11m -
Israel shatters Gaza ceasefire as more than 400 Palestinians killed in IDF strikes – Middle East crisis live
Benjamin Netanyahu says attacks were carried out to ‘achieve war objectives’ as Hamas labels strikes a ‘blatant violation of humanitarian conventions’. Israeli strikes kill hundreds in Gaza ...The Guardian - 12m -
Duterte’s arrest gives ‘a sense impunity ends’, says Nobel peace prize winner
Maria Ressa said rules-based order ‘can perhaps still exist’ but social media is being used to undermine democracy around the world. The arrest of Rodrigo Duterte is a welcome sign that the ...The Guardian - 19m -
U.S. Foreign Aid Cuts Hit Sudanese Refugees Fleeing Violence and Famine in Darfur
Just weeks after the U.S. government suspended its work in massive foreign aid cuts announced in January, humanitarians say much of the damage to critical programs has already been done.The New York Times - 32m