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An effective altruist’s guide to Christmas
Doing the most good means applying a cost-benefit analysis to everything — start with gift-giving
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Biden’s troubled Gaza strategy: ‘the US looks feckless’
The administration’s approach has been to support Israel in public and urge caution in private. But it faces growing disquiet at home and abroad
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Morgan Stanley’s Gorman sees markets ‘taking off’ as Fed turns to rate cuts
Outgoing CEO highlights safer financial system, which leaves banks’ own ‘stupidity’ as one of their biggest threats
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Biden calls for investigation of Nippon Steel’s bid for US Steel
White House says $14.9bn deal merits scrutiny on security grounds despite Japan being an ally
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BoE losses on QE greater than other central banks, says ex-rate setter
Michael Saunders warns counting costs of bond-buying programme in public debt could force fiscal retrenchment
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Hunt raises prospect of Bank of England rate cuts in 2024
UK chancellor says lowering cost of borrowing would be crucial moment in shifting country’s economic mood
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Thousands of UK rail passengers face Christmas getaway chaos
West Coast mainline hit by storm while strike at Channel Tunnel forces Eurostar to cancel services
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