Summary: The economy performs much better during Democratic presidential administrations than during Republican ones. Key findings Since 1949, there...
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Banks will have to cut their exposure to commercial real estate because of a $2tn “wall” of property debt coming due in the next three years, according to a leading US brokerage. “Banks will be under pressure,” said Barry Gosin, chief executive of Newmark, which handled $50bn of loan sales for failed Signature Bank. Post-financial crisis regulation meant some lenders would need “to liquidate their loans or find other ways to reduce their...
Top US and Israeli officials have ‘constructive engagement on Rafah’ during talks previously delayed by Israel’s Prime Minister Netanyahu.Washington, DC...