stress

Top US banks pass annual ritual of Federal Reserve ‘stress testing’

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Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. All 31 largest U.S. banks have passed the Federal Reserve’s annual so-called stress tests, leaving regulators confident they can withstand a theoretical scenario in which unemployment rises to 10 percent during a severe recession. The … Read more

Panel advising the US regulator rejects MDMA as a treatment for post-traumatic stress disorder

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Stay informed with free updates Simply log in to the Pharmaceutical sector myFT Digest – delivered straight to your inbox. A panel of experts convened by the US Food and Drug Administration has voted decisively against the use of MDMA, better known as party drug ecstasy, as a treatment for post-traumatic stress disorder. Tuesday’s ruling … Read more