Economic news
US health insurer shares fall on proposal to cut rise in Medicare payments
UnitedHealth and Humana drop more than 10% after-hours on Monday on news of the Trump administration’s plan
FirstFT: Yen leaps on speculation of joint US-Japan market intervention
Also in today’s newsletter: Trump sends border tsar to Minnesota and Keir Starmer prepares for China trip
US natural gas prices soar to highest level in three years after winter storm
Jump expected to push up consumer bills as White House faces criticism that it has failed to deliver on affordability
FTSE Russell aims to ease path for overseas groups to join City’s blue-chip index
Proposals would cut amount of shares required to trade in public hands to 10% for non-UK incorporated companies
AI spending wasn’t the biggest engine of U.S. economic growth in 2025, despite popular assumptions
The GDP value of AI is smaller than it might appear given that a lot of high-tech equipment is imported, according to a recent MRB Partners report.