The Federal Reserve Bank of New York announces plans to inject another $75bn into the US financial system to alleviate funding pressures in short-term lending markets, researchers find that smart TVs are leaking sensitive user data to companies including Netflix and Google and Israeli prime minister Benjamin Netanyahu fails to clinch an outright majority for his Likud party in Tuesday’s general election. Plus, the FT’s chief economics commentator, Martin Wolf, says economies are not delivering for most citizens. He tells us what corporations can do to fix the damage.
FT.com is free to read today for #FTOpenDay. You can read all of the stories linked below without hitting the paywall.
Take a look at the stories we covered in today’s briefing:
Fed plans second intervention to ease funding squeeze
Benjamin Netanyahu left vulnerable by inconclusive Israel election
Smart TVs sending sensitive data to Netflix and Facebook
Martin Wolf: why rentier capitalism is damaging liberal democracy
Marc's suggested reads:
WeWork’s Adam Neumann admits to being ‘humbled’
My daughter, the footballer: sexism and the beautiful game
Global cities begin to shrink as inner areas empty out
Russia’s role in producing the taxman of the futureacast.com/privacy
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