每日晨读金融时报|英语口语听力|原文及实用单词短语

US groups includ­ing Microsoft, Nvidia, Google and OpenAI have pledged to invest bil­lions of pounds in the UK, as Sir Keir Starmer hailed a tech alli­ance with Don­ald Trump before he landed in the UK for his state visit last night. The largest com­mit­ment is from Microsoft, which plans to invest $30bn in arti­fi­cial intel­li­gence in the four years to 2028, about half of which will go towards...

▸ Euro climbs to four-year high against dol­lar ahead of Fed rate decision ▸ Treas­ury yields fall des­pite stronger than expec­ted US retail sales data ▸ Wall Street’s blue-chips edge lower but European stocks hit by big­ger losses The euro reached a four-year high against the dol­lar yes­ter­day ahead of a highly anti­cip­ated US Fed­eral Reserve interest rate decision due today. The single cur­...

Don­ald Trump has called for Amer­ican com­pan­ies to stop report­ing quarterly res­ults, as his Wall Street watch­dog moved to scrap its aggress­ive enforce­ment agenda in a sign of a more busi­ness-friendly stance. The US pres­id­ent said on his Truth Social net­work that com­pan­ies should shift to pub­lish­ing fig­ures twice a year, con­trast­ing stand­ard prac­tice in the US with what he depi...

▸ Tech sec­tor boosts stock mar­kets and Google par­ent hits $3tn valu­ation ▸ Weaker US eco­nomic data lift hopes for interest rate cut from the Fed ▸ Gold price at fresh record high on hopes of rate fall and weaker dol­lar Global stock mar­kets star­ted the week on a bright note as tech head­lines buoyed investors hop­ing for the first US interest rate cut of the year. A pos­it­ive tone in equit...

The US Fed­eral Reserve is this week expec­ted to make its first interest rate cut this year, as it faces fierce pres­sure from Don­ald Trump and a split over whether the weak­en­ing jobs mar­ket can counter the infla­tion­ary risk posed by the US pres­id­ent’s tar­iffs. Investors widely expect rate-set­ters to lower bor­row­ing costs by a quarter of a per­cent­age point at Wed­nes­day’s vote. Aft...

The US and UK are rush­ing to final­ise deals on nuc­lear react­ors, AI data centres and whisky ahead of a state visit by Don­ald Trump over­shad­owed by the fir­ing of Lord Peter Man­del­son. OpenAI is set to announce a Brit­ish arm to its $500bn Star­gate data centre project, as part of a series of tech and trade agree­ments to coin­cide with the US pres­id­ent’s visit next week. The tech part­n...

▸ Global gov­ern­ment bonds lose ground after four-week rally ▸ Gold prices move higher to near a recent record peak ▸ Dol­lar bucks two days of selling to register gains on index against rivals Global bond mar­kets lost some ground yes­ter­day after a rally driven by grow­ing expect­a­tions of US interest rate cuts. A fall in price for 10-year Treas­ury bonds — the bench­mark for global asset pri...

Con­ser­vat­ive act­iv­ist Charlie Kirk hands out hats dur­ing an event at Utah Val­ley Uni­versity in Orem, Utah on Wed­nes­day, before he was killed in a shoot­ing that has rocked a divided Amer­ica. Don­ald Trump has con­demned the attack as a “hein­ous assas­sin­a­tion” as he vowed to address “rad­ical left polit­ical viol­ence”. At a 9/11 memorial cere­mony yes­ter­day, he said he would posth...

▸ Trader con­fid­ence over Fed rate cut pushes global stocks to all-time highs ▸ Treas­ur­ies and UK gilts prices rise while dol­lar slips against major rivals ▸ European equit­ies indices advance, also buoyed by US infla­tion data Global stocks rose to record highs yes­ter­day after Amer­ican infla­tion data gave traders con­fid­ence that the US Fed­eral Reserve will cut interest rates next week....

Larry Ellison, right, was pro­pelled past fel­low tech bil­lion­aire Elon Musk, left, yes­ter­day to take the crown as the world’s richest per­son. The value of the Oracle co-founder’s stake in the soft­ware group was worth $387bn alone after its shares rose more than 40 per cent fol­low­ing bumper res­ults. Musk’s worth is about $384bn, Bloomberg’s Bil­lion­aire Index says. Oracle’s rapid growth...

▸ Oracle’s bumper earn­ings push Wall Street bench­marks to all-time peaks ▸ Investors snap up US Treas­ur­ies but dol­lar slips against bas­ket of rivals ▸ French stocks and gov­ern­ment bond prices rise slightly after PM appoin­ted Wall Street rose to fresh record highs yes­ter­day after soft­ware com­pany Oracle announced bumper earn­ings driven by demand for arti­fi­cial intel­li­gence. The bl...

The US added 911,000 fewer jobs than pre­vi­ously thought in the year to March, accord­ing to new offi­cial stat­ist­ics that sug­gest the labour mar­ket in the world’s biggest eco­nomy began cool­ing sharply in 2024. The fig­ures from the Bur­eau of Labor Stat­ist­ics show national employ­ment in the 12 months to March 2025 was far below levels in its closely watched monthly reports and indic­ate...

▸ Wall Street stocks give up early gains after US jobs data revised lower ▸ Dol­lar moves higher but US gov­ern­ment bonds sold by investors ▸ Paris stocks make mod­est gains as gov­ern­ment col­lapse priced in Wall Street stocks gave up early gains yes­ter­day after revised data sug­ges­ted that the world’s biggest eco­nomy was in a weaker pos­i­tion than investors had thought. After rising at th...

The US has informed coun­tries in Europe that it is step­ping back from joint efforts to com­bat dis­in­form­a­tion from coun­tries such as Rus­sia, China and Iran, accord­ing to three European offi­cials famil­iar with the mat­ter. European coun­tries received a notice from the state depart­ment last week that the US was ter­min­at­ing memor­anda of under­stand­ing signed under Joe Biden’s admin­...

▸ US stocks climb as investors turn focus to pos­sible Fed rate cut ▸ Europe-wide Stoxx 600 index and Asian bourses gain ground ▸ Green­back slides against bas­ket of other major cur­ren­cies US stocks rose yes­ter­day as investor focus shif­ted to the pos­sib­il­ity of Fed­eral Reserve interest rate cuts, fol­low­ing dis­ap­point­ing eco­nomic data at the end of last week. Weaker than expec­ted n...

Tesla’s board has pro­posed a new pay pack­age for chief exec­ut­ive Elon Musk worth $1tn over the next dec­ade if he is hits a series of for­mid­able tar­gets. Musk will receive no salary or bonus under the plan unveiled yes­ter­day, but would col­lect shares in instal­ments unlocked by increases in Tesla’s mar­ket value, along­side mile­stones includ­ing a huge increase in earn­ings and selling...

▸ Wall Street slides on fears of a sus­tained eco­nomic slow­down ▸ Dol­lar retreats while Treas­ur­ies rally as investors bet on faster US rate cuts ▸ Paris stocks weaker ahead of cru­cial French gov­ern­ment con­fid­ence vote Wall Street stocks slid yes­ter­day after US employ­ment data indic­ated that the world's biggest eco­nomy was slow­ing down. The closely watched fig­ure for non­farm payro...

Busi­nesses cut jobs at the quick­est rate for four years this sum­mer and repor­ted the worst employ­ment out­look since the pan­demic, point­ing to the impact of chan­cel­lor Rachel Reeves’ decision to raise payroll taxes. Com­pan­ies reduced employ­ment by an annual rate of 0.5 per cent in the three months to August, the worst fig­ure since 2021, accord­ing to a Bank of Eng­land sur­vey of chie...

▸ Core gov­ern­ment bonds extend gains after soft US labour mar­ket data ▸ Dol­lar advances, climb­ing against both the euro and ster­ling ▸ Wall Street edges higher as investors lean into their bets on Fed rate cuts Core gov­ern­ment bonds made fur­ther gains glob­ally yes­ter­day after the latest sign of weak­ness in the Amer­ican labour mar­ket gave traders renewed hope of an interest rate cut...

Shares in Google par­ent Alpha­bet rose yes­ter­day after the tech giant avoided a court order requir­ing it to be broken up fol­low­ing a rul­ing that it had cre­ated an illegal mono­poly. Judge Amit Mehta said the threat to Google’s search engine posed by arti­fi­cial intel­li­gence chat­bots was cru­cial to his decision to impose a less oner­ous set of require­ments on it. The US Depart­ment of...

▸ Core gov­ern­ment bonds rally glob­ally after dis­ap­point­ing US eco­nomic data ▸ UK gilt yields fall back from post-1998 high amid investor buy­ing ▸ Wall Street strengthens ahead of this week’s key Amer­ican job num­bers Bond mar­kets ral­lied yes­ter­day, recov­er­ing from a global sell-off, as dis­ap­point­ing data on Amer­ican job open­ings promp­ted bets that the US Fed­eral Reserve would...

Hedge fund bil­lion­aire Ray Dalio has warned that Don­ald Trump’s Amer­ica is drift­ing into 1930s-style auto­cratic polit­ics — and said other investors were too scared of the pres­id­ent to speak up. The Bridge­wa­ter Asso­ciates founder told the Fin­an­cial Times that “gaps in wealth” were driv­ing “more extreme” policies in the US. “I think that what is hap­pen­ing now polit­ic­ally and socia...

The pound fell sharply yes­ter­day as long-term bor­row­ing costs in the UK reached their highest level since 1998, with con­cerns over the coun­try’s pub­lic fin­ances com­bin­ing with a global move higher in bond yields. Ster­ling slumped as much as 1.5 per cent against the dol­lar to $1.334 before edging up to $1.338, put­ting it on track for its biggest one-day drop since April, a day after Si...

▸ Global stocks fall as gov­ern­ment bond sell-off spills into equit­ies trad­ing ▸ World’s biggest lis­ted com­pany Nvidia extends last week’s declines ▸ Gold hits record with investors look­ing for safe altern­at­ives to sov­er­eign debt Global stocks fell yes­ter­day as a sell-off in gov­ern­ment bonds spilled into the equity mar­ket, extend­ing the recent wobble for tech shares on Wall Street....

JPMor­gan Chase has hired a record num­ber of senior com­mer­cial and invest­ment bankers in the past year as part of an assault on mar­kets it is tar­get­ing for growth. The Wall Street bank has poached about 100 man­aging dir­ect­ors from com­pet­it­ors includ­ing Gold­man Sachs and Cit­ig­roup since early last year, people famil­iar with the details told the Fin­an­cial Times. The recruit­ment...