Europe firm on Wall Street’s lead

Dollar and Treasury yields higher as Fed remains in focus

New York city skyline. Manhattan buildings

Manhattan’s high-end property prices fall

Prices for high-end property are down 7% from September peak

©FT montage; AFP/Getty; Dreamstime

The pensions crisis script can be changed

Overhauling the design of pension plans and saving more are critical to healthy retirements

House market’s Brexit fears lack foundations

Housebuilders remain in good health but deficit of homes remains

©FT; Dreamstime

Pensions’ shift into private equity ignores risks

Doubts are being raised over whether buyout funds can still deliver strong returns

Oil recovers as Iran confirms Opec attendance

Fuelling speculation of co-ordinated action to prop up prices in the face of persistent oversupply