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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Tennis stars accuse governing bodies of ‘cartel’ to deny them more prize money
Players’ group behind lawsuit is affiliated with sports company backed by hedge fund tycoon Bill AckmanFinancial Times - 40m -
What auto bosses worry will become the next front in the tariff war
Executives are concerned that levies on components could be nextFinancial Times - 1h -
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 - 2h -
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 - 2h -
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 - 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 - 7m -
Germany passes huge spending package amid Ukraine fears as White House says Trump-Putin call ‘going well’ – Europe live
US and Russian presidents speak on phone as Bundestag votes to release a €500bn infrastructure fund to boost German defence. Trump and Putin to hold high-stakes call on Ukraine Speaking for ...The Guardian - 18m -
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 - 19m -
What is EV maker BYD and can its batteries really charge in five minutes?
The Chinese carmaker’s shares have jumped as investors speculated it could outdo Elon Musk’s Tesla. BYD says new charging system could be as quick as filling up a tank The leading Chinese ...The Guardian - 22m -
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 - 22m