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In a major bureaucratic reshuffle, the Appointments Committee of the Cabinet has cleared four top-level appointments across crucial departments under the Ministry of Finance, signalling a significant change in North Block’s leadership. Anuradha Thakur, a 1996-batch IAS officer from Himachal Pradesh and currently Additional Secretary in the Ministry of Corporate Affairs, has been named Officer…

‘The Big Money Show’ panel discusses Federal Reserve Chairman Jerome Powell’s warning about the impact of tariffs on inflation. President Donald Trump continued lambasting Federal Reserve Chair Jerome Powell while demanding interest rate cuts on Thursday. Trump nominated Powell to serve as chair of the board of governors of the Federal Reserve System during his…

BlueBay sells US dollars short, citing low investor confidence [og_img] 2025-04-17 05:20:37

Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. Tech stocks led a Wall Street sell-off on Wednesday after chipmaker Nvidia revealed that new US controls on sales to China would wipe billions of dollars from its earnings, dragging its peers sharply lower. The…

A photo illustration depicting gene editing. Using its new ProGen3 AI model, biotech startup Profluent has developed new gene editing proteins that may be more effective than the CRISPR-Cas9 systems that underpin most contemporary gene editing therapies. Photo illustration—Getty Images https://fortune.com/img-assets/wp-content/uploads/2025/04/GettyImages-1359391658_89f21f-e1744742272513.jpg?resize=1200,600 2025-04-16 13:00:00

LVMH reported its first-quarter earnings of 2025 Monday, and Sephora was a notable weak point for the luxury conglomerate’s U.S. presence—even though the fashion brand is performing well globally. While U.S. demand for jewelry, leather, and fashion “remained well oriented and accelerated modestly” compared to the back half of 2024, “Sephora on the other hand…

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Luigi Mangione, the 26-year-old man accused of murdering UnitedHealthcare CEO Brian Thompson in New York last year, is seeking to avoid the death penalty in the state by saying his case has become politicized. Mangione has pleaded not guilty to state and federal murder charges after Thompson was gunned down outside a hotel in Manhattan…