Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. US stocks fell the most in two months as a bout of gloomy economic data showed sentiment among consumers and businesses has cooled a month into Donald Trump’s presidency. The S&P 500 fell 1.7 per
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Some of you may remember that less than a year ago this column went dark for a while. I had rushed to Sydney after my dad was knocked off his motorbike by a driver who considered red lights merely a suggestion to stop. He survived that one — just. A few weeks ago, however, when
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Kyiv’s defence intelligence unit rigged with explosives a batch of drone pilot goggles destined for use by Russians on battlefields in Ukraine, said officials with direct knowledge of the operation. The officials told the Financial
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Heidi Alexander, UK transport secretary, offered a beguiling vision this week as she unveiled Labour’s proposals to unify the country’s creaking rail services under public ownership. The government will now “sweep away decades of failure,
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Civilised societies depend on institutions. The more complex the society, the more vital those institutions. Institutions provide stability, predictability and security. Companies, schools, universities, and courts are all institutions. But the most important
US and Russian officials have started talks in Riyadh about the war in Ukraine, amid fears in Kyiv and in European capitals that Donald Trump wants to settle the conflict on Vladimir Putin’s terms. US secretary of state Marco Rubio, national security adviser Mike Waltz, and Steve Witkoff, Trump’s special envoy to the Middle East,
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Senior US and Russian officials will meet in Riyadh on Tuesday for talks that the Kremlin has hailed as a step to restoring full bilateral relations and ending the Ukraine war but which
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Generative AI is a transformative technology that has the potential to redefine the nature of work. Understanding its role in the workplace, and what makes it different from past automation, requires a shift from what
Ukrainian President Volodymyr Zelenskyy has rejected a US bid to take ownership of around 50 per cent of the rights to his country’s rare earth minerals and is trying to negotiate a better deal, according to several people familiar with the matter. Treasury Secretary Scott Bessent offered Zelenskyy the deal during a visit to Kyiv
Stay informed with free updates Simply sign up to the US equities myFT Digest — delivered directly to your inbox. The Magnificent Seven club of giant tech stocks has lost some of its lustre as investors sell shares in groups that have dominated Wall Street in recent years. Apple, Microsoft, Google parent Alphabet, Amazon, Tesla,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hedge fund Citadel has made a £305mn bet against drugmaker GSK, the biggest short position against the company in more than a decade. Billionaire Ken Griffin’s hedge fund disclosed that it had entered the net
Show video info JD Vance has said Europe’s “threat from within” is graver than that posed by Russia and China in a confrontational speech that hit out at alleged infringements of democracy and provoked a furious response from the continent’s officials. In an address to the Munich Security Conference, the US vice-president criticised the cancellation
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world European states are working with Arab allies to urgently devise a Gaza plan to present to Donald Trump as an alternative to his proposal for the strip to be emptied of Palestinians and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prospective undergraduate students are turning to engineering courses in increasing numbers while shunning teaching and nursing degrees, according to the UK’s university admissions service. Data published by Ucas on Thursday showed almost 217,000 applications were
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Alexander Vinnik, a Russian who operated cryptocurrency platform BTC-e, is to be released as part of the exchange that freed American teacher Marc Fogel, according to a US official. Vinnik, who was arrested
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer was permanent secretary of the Department for International Development from 2008-2011 and is leading a review of international development for the UK government The wanton destruction of the US Agency for
Stay informed with free updates Simply sign up to the UK employment myFT Digest — delivered directly to your inbox. Recruiters are reporting the toughest conditions in the British jobs market since the Covid-19 pandemic, with no sign of employers regaining confidence to hire following Rachel Reeves’ tax-raising Budget in October. A monthly survey by
Kash Patel, Donald Trump’s nominee for FBI director, has come under scrutiny over his business ties, including holding stock in a group that owns Shein, the Chinese fast-fashion retailer accused of using forced labour. Patel stated in a financial disclosure form that he held $1mn-$5mn worth of shares in Elite Depot, a Cayman Islands group
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US President Donald Trump has temporarily paused measures to close a tariff exemption on low-cost shipments from China while officials figure out how to tax the millions of packages that arrive in the US every
Donald Trump’s new cryptocurrency has sparked a flood of imitators, leading to warnings that investors risk being duped. More than 700 copycat and spam coins have been sent to Trump’s digital wallet by people apparently seeking to suggest their creations have his endorsement, according to a Financial Times analysis. It comes after the president and
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