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What‘s really driving the US stock market rally? | FT #shorts
Financial Times· 2026-07-06 16:11
If the first half of 2026 teaches us anything, it's that worrying about geopolitics doesn't make you rich. In a year where President Trump has threatened to invade Greenland, he's launched a war against Iran that shut the straight of Hormuse and put his own guy in at the Federal Reserve, the US stock market is up 10%. And we're only halfway through.So what's driving the rally. It's not expectations of lower interest rates, which are up sharply since the beginning of the year. The common answer is booming ea ...
UAE billionaire’s son revealed as buyer of £190mn London mansion | FT #shorts
Financial Times· 2026-07-06 13:00
The region's park property known as the home [music] is being sold for about 190 million pounds. And now, for the first time since 2024, we know who will own one of London's largest and priciest mansions. [music] It's being sold to Abbas Sajwani, son of Emirati billionaire developer Hussain Sajwani, who is sometimes called the Donald of Dubai because of his business links to President Donald Trump.Abbas Sajwani is a 26-year-old real estate developer in his own right, and he bought the house on behalf of the ...
Trump’s building spree in Washington DC | FT #shorts
Financial Times· 2026-07-06 07:05
This is the view today as you drive along Memorial Avenue toward Washington's Abraham Lincoln Memorial. And here's [music] how Donald Trump wants it to look by the end of his term in 2028 with a 250-ft [music] high triumphal arch. Critics have nicknamed it the Arc de Trump.This is just one of several controversial building projects that are transforming Washington. Elsewhere, Trump's also planning a National Garden of American Heroes featuring statues of historical figures from third President [music] Thoma ...
Uber adds hotel booking with Expedia in ‘super app’ push | FT Tech
Financial Times· 2026-07-06 06:18
[music] >> Uber is making a new super app push. The company that has come to dominate Western ride-hailing market has partnered with Expedia >> [music] >> to allow users to book travel within its app. The move forms part of a longer-term ambition at Uber, which wants to keep customers on its platform by offering them a wide array of services.The company expanded into food delivery in 2019, quickly followed by groceries and shopping, and well, now travel. Uber chief executive Dara Khosrowshahi says that the ...