Why the shift from savings glut to grab is good for investors - Financial Times

Open this photo in gallery:U. S. President Donald Trump in the Oval Office of the White House on Tuesday. Jacquelyn Martin/The Associated PressA lawsuit challenging U. S. President Donald Trump’s tariffs targeting Canada has been filed in the United States Court of International Trade. The lawsuit, filed today by the non-profit Liberty Justice Center on behalf of U. S. food importer Gellert Global Group, argues Trump’s use of a Depression-era trade statute exceeds his power as president. Trump used Section 338 of the Tariff Act of 1930 to slap an array of Canadian goods with a 50 per cent levy after trade talks broke down in August. Ottawa’s accounting obscures true scale of borrowing, PBO says ahead of 2026 budgetThe same statute was used the following month to ban the import of other Canadian goods, including motorcycles and some alcohol and dairy products. Liberty Justice Center CEO Sara Albrecht says in a news release that no president should have the power to pull a dormant statute off the shelf and use it to impose sweeping tariffs or import bans. The lawsuit asks the court to declare the tariffs unlawful and order a refund.

I’ve written columns on the topic of healthy life expectancy before but never through the lens of income or gender. In addition, this week I’ll look at the impact the COVID-19 pandemic had on healthy life expectancy. Healthy life expectancy (HLE) is the number of years we can expect to live in good health, taking into account vision, hearing, speech, ambulation, dexterity, emotion, cognition and pain. HLE is shorter than total life expectancy, since most of us can expect to face one or more serious health problems in the last five to 10 years of our lives. In the charts, I am measuring HLE from age 65, since that is more relevant to retirees and near-retirees than measuring it from birth. As the charts show, HLE varies by sex and income level. Women in the top income quintile – the top 20 per cent – can generally expect the longest healthy life expectancy while men in the bottom income quintile will have the shortest. That said, the difference in HLE by income level between the top and the middle quintile is surprisingly small – less than two years. The difference by sex is also less than two years.

For years, artificial-intelligence evangelists have boasted about the technology’s capacity to revolutionize drug development and medical research.

Oct 20, 2026, 2:26 p.m. EDT3 min readAndrew Cuomo, co-chair of OKX-ICE and board member of OKX (OKX)SummaryOKX-ICE co-chair Andrew Cuomo called issuer objections to tokenized stock trading a “natural response,” saying companies were expected to take a wait-and-see approach. Sixteen companies, including Microsoft, Alphabet and Goldman Sachs, have objected to trading on the planned venue under the SEC’s experimental framework. Securitize and Vertalo executives said issuers need answers about pricing, investor protections, custody and shareholder rights as the new markets develop. A growing list of companies rejecting tokenized trading of their shares is an expected part of testing a new market structure, Andrew Cuomo, co-chairman of the OKX-ICE joint venture, said after Microsoft, Alphabet and Goldman Sachs joined the objectors. “This is a very natural response,” Cuomo, an OKX board member and former New York governor, said during a press call on Tuesday.