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Wall Street broker Clear Street cancels U.S. IPO plans amid market volatility and fintech sector weakness, reflecting renewed pressure on listings sentiment.    Discover top fintech news and events! Subscribe to FinTech Weekly’s newsletter Read by executives at JP Morgan, Coinbase, Blackrock, Klarna and more       Clear Street Withdraws IPO as AI Fears Hit Listings Market The fragile recovery in U.S. public listings has taken another setback. Clear Street, a Wall Street brokerage firm founded in 2018, has withdrawn plans for a U.S. initial public offering after delaying the deal only a week earlier, underscoring how market volatility…

Analysis-Supreme Court checks Trump’s expansive view of executive power

If you’re trying to get into New York City on Monday, unless it’s essential, you’re probably better off hunkering down at home.

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The Conservatives should do more to win back voters who have drifted left or disengaged from politics and not just focus on the threat of Reform UK, according to analysis released by a new centre-right movement in the party.Polling analysis released by Prosper UK on Monday shows that in more than 85 per cent of seats lost by the Tories in 2024, the bigger challenge is not Reform but winning back voters who are now undecided or have moved to Labour, the…

On the subject of student debts (Student debt is a generational injustice. Why are we squeezing graduates harder than the super-rich?, 16 February), Gaby Hinsliff writes: “If the government has better options, then let’s hear them sooner rather than later.” Any better option must address the problem that the courses that universities offer – brilliant though they mostly are – aren’t what the economy needs and so aren’t maximising returns.Universities are funded to offer the courses students want to study, not what society and employers value most. Understandably, young people pursue choices based on their ambitions rather than the national interest.…

UK must be tough to reverse productivity slippage, BCG says

Summary:FT reports Iran agreed €500m arms deal with Russia in DecemberContract covers 500 Verba MANPADS launchers and 2,500 9M336 missilesDeliveries scheduled in tranches from 2027 to 2029Deal negotiated between Rosoboronexport and Iran’s defence ministry representativeTehran formally requested systems in JulyEarlier:Iran has reportedly agreed to a €500 million arms deal with Russia to purchase thousands of advanced shoulder-fired surface-to-air missiles, according to a report by the Financial Times.Citing leaked Russian documents and individuals familiar with the matter, the FT said the agreement was signed in Moscow in December. The contract commits Russia to supply 500 man-portable air defence system (MANPADS) launch…

“As the children grew, life became more complicated.”

Blue Owl BDC’s CEO Craig Packer speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Nov. 19, 2025.Brendan McDermid | ReutersThe latest tremor in the private credit world involved a deal that should’ve been reassuring to markets. Blue Owl, a direct lender specializing in loans to the software industry, said Wednesday it had sold $1.4 billion of its loans to institutional investors at 99.7% of par value. That means sophisticated players scrutinized the loans and the companies involved and felt comfortable paying nearly full price for the debt,…

“I have $650,000 in investments, $250,000 in life insurance and about $150,000 equity in my home.”