Mike Pence suspends 2024 presidential campaign

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mike Pence has dropped out of the race for the 2024 US presidential election as the former vice-president struggled to mobilise support and boost flagging poll numbers.  In a surprise announcement during a speech at…

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UK Inflation Holds for September Following as Bank of England Suspends Further Interest Rate Hikes

The UK Chancellor of the Exchequer Jeremy Hunt is optimistic that inflation would ease. UK inflation came in for September at 6.7%, higher than expectations set by analysts. Also, inflation in the UK remained unchanged from August. While inflation remained unaltered, the UK’s headline consumer price index (CPI) met expectations from economists polled by Reuters….

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Goldman Sachs Selling Its Investment Advisory Business as It Suspends Attempts at Mass Market Businesses

Goldman Sachs has endured from losses from trying to cater to the broader market and is now looking to sell its investment advisor. Leading global investment banking and financial services company Goldman Sachs (NYSE: GS) is considering selling its investment advisory business. According to a Financial Times report, Goldman is “currently evaluating alternatives” for the company, which…

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Upbit Suspends CRV Trading after Curve Finance Exploit

Upbit noted that CRV has experienced increased volatility. South Korean exchange Upbit has halted trading of the Curve Finance (CRV) token after the project suffered a major exploit over the weekend. According to an Upbit announcement, the exchange temporarily halted CRV deposits and withdrawals to safeguard all transactions and protect users from potential losses. How…

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