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Transcript: The cost of Trump’s ‘big, beautiful bill’
4+ mon, 3+ week ago (472+ words) Sonja Hutson, Sarah Neville and Myles McCormick This is an audio transcript of the FT News Briefing podcast episode: "The cost of Trump's "big, beautiful bill" Sonja Hutson Good morning from the Financial Times. Today is Friday, July 4th, and this is your FT News Briefing. US President Donald Trump's signature budget bill got the green light. And the American jobs market is looking better than expected. Plus, can the UK Labour party save the National Health Service? I'm Sonja Hutson, and here's the news you need to start your day. Myles McCormick Hey, Sonja." Sonja Hutson OK, so every budget bill has two parts: impacts on taxation and then impacts on spending. Let's start with the first one. How does the "big, beautiful bill change the US tax code?" Sonja Hutson Alright, well, let's talk about changes to spending " the…...
Elizabeth Warren demands information on PE firms’ lobbying efforts for tax breaks
5+ mon, 5+ day ago (96+ words) US Senator Elizabeth Warren has demanded that some of the country's biggest private investment groups give up information about their lobbying efforts to secure tax breaks in Donald Trump's spending ... Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial. Print + Premium Digital Complete digital access to quality analysis and expert insights, complemented with our award-winning Weekend Print edition. Explore our full range of subscriptions. Discover all the plans currently available in your country Digital access for organisations. Includes exclusive features and content....
South Africa pushes for fairer funding of the energy transition
3+ week, 9+ hour ago (458+ words) We're opening up generation to competition aimed at finding least-cost energy," says Crispian Olver, executive director of South Africa's presidential climate commission. Since solar and wind are already the cheapest sources, the transition is both economically rational and positive for emissions." Yet the country faces constraints familiar across other parts of the world. South Africa depends on coal for about 80 per cent of electricity and has per capita emissions of 6.7 tonnes a year. At the same time, unemployment remains high at nearly 32 per cent. Policymakers must therefore manage the transition in ways that protect workers and communities tied to the coal economy. Financing is a particular challenge. The government argues that the $11.5bn pledged for its move to renewable energy through JETP falls short of requirements and relies too heavily on loans, adding to an already considerable debt burden. Since taking…...
FT Investigation: The covert trip by Iranian nuclear experts to Russia
3+ mon, 3+ week ago (78+ words) But it was a cover story. The Iranians had flown to Russia on diplomatic service passports, some sequentially numbered and issued on the same day just weeks before the trip took place. One of the ... Get 2 months free with an annual subscription at was Then $75 per month. Complete digital access to quality FT journalism. Cancel anytime during your trial. Check whether you already have access via your university or organisation. Explore our full range of subscriptions....
The Florida phone network behind Trump Mobile’s ‘Made in America’ ambitions
5+ mon, 1+ week ago (113+ words) Liberty Mobile Wireless, which will provide Trump Mobile's phone plan, was founded in 2018 by an entrepreneur called Matt Lopatin, according to company filings. The company is a "mobile virtual ... Continue reading and get the indispensable White House Watch newsletter for free. Want a deeper look? Trump tracker: US tariffs As the president threatens a trade war, follow the latest on tariffs and executive orders US politics & policy Stay on top of the latest events in US politics with the FT's trusted and impartial coverage. Expert Opinion & Analysis Insight and analysis on US politics from commentators such as Ed Luce and James Politi Explore our full range of subscriptions....
Donald Trump picks Heritage economist to head US Bureau of Labor Statistics
3+ mon, 2+ week ago (119+ words) Donald Trump has picked a loyalist from the rightwing Heritage Foundation to head the Bureau of Labor Statistics, after firing the former commissioner for a gloomy jobs report he claimed was "rigged. Continue reading and get the indispensable White House Watch newsletter for free. Want a deeper look? Trump tracker: US tariffs As the president threatens a trade war, follow the latest on tariffs and executive orders US politics & policy Stay on top of the latest events in US politics with the FT's trusted and impartial coverage. Expert Opinion & Analysis Insight and analysis on US politics from commentators such as Ed Luce and James Politi Check whether you already have access via your university or organisation....
Live news: Trump hits out at UN in address to General Assembly
2+ mon, 1+ week ago (211+ words) President Donald Trump is setting out his "vision for the world" to global leaders at the UN General Assembly meeting in New York against a backdrop of deepening tensions between the US and many of ... Want a deeper look? Save now on essential digital access to quality FT journalism on any device. Saving based on monthly annualised price. Print + Premium Digital Get Premium & FT Weekend Print edition for the price of Premium. Complete digital access to quality analysis and expert insights, complemented with our award-winning Weekend Print edition. FT newspaper delivered Monday-Saturday, plus FT Digital Edition delivered to your device Monday-Saturday. Check whether you already have access via your university or organisation. Explore our full range of subscriptions. Want a deeper look? Save now on essential digital access to quality FT journalism on any device. Saving based on monthly annualised…...
Donald Trump says he is close to a deal with Harvard
5+ mon, 1+ week ago (19+ words) Comments come as a judge rejects his administration's attempt to block foreign students from the elite US university...
Lutnick hails Trump’s $5mn investor visa as almost 70,000 apply
5+ mon, 2+ week ago (101+ words) Programme to grant foreigners legal residency in US in exchange for $5mn registers 68,703 people on waiting list ... Continue reading and get the indispensable White House Watch newsletter for free. Want a deeper look? Trump tracker: US tariffs As the president threatens a trade war, follow the latest on tariffs and executive orders US politics & policy Stay on top of the latest events in US politics with the FT's trusted and impartial coverage. Expert Opinion & Analysis Insight and analysis on US politics from commentators such as Ed Luce and James Politi Explore our full range of subscriptions....
Donald Trump sues Wall Street Journal’s publisher and Rupert Murdoch
4+ mon, 1+ week ago (88+ words) Trump spent several days lobbying Murdoch, Wall Street Journal editor Emma Tucker and News Corp chief executive Robert Thomson to stop the paper from publishing the story. After the Journal published ... Then $75 per month. Complete digital access to quality FT journalism on any device. Cancel anytime during your trial. Print + Premium Digital Complete digital access to quality analysis and expert insights, complemented with our award-winning Weekend Print edition. Check whether you already have access via your university or organisation. Explore our full range of subscriptions....