Trump’s Top Trade Representative Details Offer That Canada Rejected
In an interview, Jamieson Greer, President Trump’s trade representative, laid out details of what the United States offered to Canada before talks crumbled.
Occidental tries to free itself from the messy legacy of Anadarko deal
Oil and gas group charts a steadier course seven years after Vicki Hollub’s notorious Berkshire-backed acquisition
US buyers snap up Europe’s asset managers at fastest rate in decades
European fund groups struggle as firms race to bulk up and expand globally
Investors try to catch ‘falling knife’ with bets on risky funds during chip rout
Leveraged single-stock ETFs attracted billions of dollars of net inflows even as they plunged during market sell-off
Mark Walter’s unravelling empire tests the insurance trade behind private credit’s rise
Private capital saw an opportunity to make insurance much more profitable. At what risk?
FT launches charity auction of star journalists
Bid for lunch with your favourite columnist to support the Financial Literacy and Inclusion Campaign (FT FLIC)
The financial question most couples cannot answer
There are sound reasons to rethink how couples approach investing for the future
How Germany’s doctors, lawyers and dentists got burnt by private markets bets
Questions mount over management of mandatory pension schemes for professionals worth €300bn
Trump Announces Move to Lift Ground Beef Tariffs in Bid to Lower Prices
The move prompted blowback from cattle ranchers and Republicans who represent them.
IFDP Paper: Optimal Monetary and Fiscal Policy under Limited Foresight
Martin Bodenstein and Junzhu ZhaoWe investigate Barro's random walk hypothesis according to which distortionary labor taxes should follow a random walk for any stochastic process of government expenditures, see Barro (1979). When agents experience cognitive discounting as in Gabaix (2020), they perceive government debt as wealth, and the random walk result breaks down except for knife-edge combinations of limited rationality by policymakers and the private sector.
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