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5 mins read
Will September inflation cement US interest rate policy for the rest of the year?
Market Questions is the FT’s guide to the week ahead
A modest increase in the core reading of US consumer price inflation data next week could quash any remain...
12:45
6 mins read
Ukraine’s allies vow to pressure Moscow as Trump claims ‘energy ceasefire’ in place
US president’s suggestion that Zelenskyy should be replaced shocked Kyiv and European nations
Ukraine’s European allies said they would seek to increase econom...
02:45
3 mins read
US hits commercial tanker in Gulf of Oman as tensions flare
Ship tried to break through American naval blockade of Iranian ports, Central Command says of its first attack in a month
Centcom disabled a commercial cargo v...
00:00
5 mins read
The LA home that became the peak of Hollywood chic
Remembering Harriet Raymond – feminist, social gadfly and decorator to the stars
On a bright, golden morning in the Beverly Hills Flats, the air is tinged with...
00:00
3 mins read
The FT Alphaville Pub Quiz returns to New York City on 17 November. Sign up NOW!
Fun times this way ↓↓↓
Start spreading the news: the FT Alphaville Pub Quiz returns to New York City next month.
Thanks to the kind support of Basic Capital w...
00:00
3 mins read
No peace, no quiet
Bond yields continue to push higher alongside tensions in the Middle East
Government bonds continue to be in focus with the 10-year US Treasury yield reaching...
00:00
3 mins read
US announces sanctions campaign to ‘end’ ICC
Sweeping new measures give companies 180 days to stop trading with The Hague-based war tribunal
The US has announced sanctions against the entire International...
00:00
7 mins read
Rubio and the will to power
His recent Athens speech was a paean to a very narrow idea of ‘western civilisation’
This article is an onsite version of our Europe Express newsletter. Sign u...
00:00
1 min read
Submit your questions: who’s doing better in their trade battles with China — the EU or the US?
Senior trade writer Alan Beattie and economics columnist Soumaya Keynes will answer reader questions in a live Q&A on Thursday October 15 at 1pm (BST)
Trade di...
00:00
3 mins read
US announces sanctions campaign to ‘end’ International Criminal Court
Sweeping new measures give companies 180 days to stop trading with The Hague-based war tribunal
The US has announced sanctions against the entire International...
00:00
3 mins read
My secret stash: pro skiers on where to avoid the crowds
After a lifetime of powder hunting, six freeriders and ski-industry insiders reveal where they go for fresh tracks
My base is Chamonix but sometimes you have t...
00:00
4 mins read
Donald Trump launches committee to investigate Federal Reserve governor Lisa Cook
Move comes after Supreme Court in June rebuffed president’s attempt to sack central banker
Donald Trump has launched a committee to investigate Lisa Cook, just...
00:00
3 mins read
Donald Trump pressures Mexico for energy deals in crunch trade talks
Move triggers alarm in Mexico City, where domestic control of sensitive sector is part of modern political identity
Donald Trump has pressed Mexico to ink ener...
00:00
4 mins read
Airlines sound the alarm as bleak winter looms
The industry is reeling from the energy shock unleashed by the Iran war
Airlines face a mounting crisis in coming months, industry bosses have warned, as persi...
00:00
2 mins read
US telcos shed $60bn in value after SpaceX announces spectrum purchase
Elon Musk takes big step towards launching Starlink mobile service for US consumers
SpaceX has taken a big step towards launching a Starlink mobile service for...
00:00
10 mins read
Seeking solace on the slopes of Everest
Beset by a series of losses, ski mountaineer Jim Morrison sought redemption on the world’s highest peak
Jim Morrison was standing about 10 metres to the right...
00:00
2 mins read
Scott Bessent to miss IMF annual meetings in Bangkok
US Treasury secretary’s absence is due to ‘domestic engagements’, say officials
US Treasury secretary Scott Bessent will skip the IMF and World Bank annual mee...
00:00
23 mins read
Napa Valley’s hangover
People are drinking less. Vines are being ripped up. Winemakers are going bust. Can the Disneyland of wine survive the downturn?
Joseph Phelps Vineyards looks...
00:00
3 mins read
US avocado giant looks beyond Mexico as cartels meddle with supply
Farms in Peru and Guatemala help offset import troubles from violence-stricken growing regions
The largest US avocado company is banking on an acquisition and...
00:00
2 mins read
Goldman Sachs to pay top executives $500mn in special bonuses
Wall Street bank preparing to hand out equity awards from five-year scheme to senior leaders
Goldman Sachs’ most senior executives are in line to receive more...
00:00
2 mins read
US mortgage rates rise for seventh straight week to hit highest since 2023
Benchmark borrowing costs continue to climb against backdrop of surging Treasury yields, elevated energy prices and expected tightening by Fed
US mortgage rate...
00:00
3 mins read
Daughter of Trump’s chief of staff works at firm that lobbies for Republika Srpska
Susie Wiles’s daughter is latest White House-linked adviser to the Russian-aligned Balkan entity
The daughter of Donald Trump’s chief of staff Susie Wiles is w...
00:00
2 mins read
US telcos stocks tumble after SpaceX announces spectrum acquisition
Elon Musk takes big step towards launching a Starlink mobile service for US consumers
SpaceX has taken a big step towards launching a Starlink mobile service f...
00:00
3 mins read
US adds torture charges to case against former Venezuelan president
New York federal prosecutors allege Nicolás Maduro and his wife Cilia Flores conspired to commit torture of American citizens
US authorities have added torture...
00:00
2 mins read
Donald Trump says US ‘will not be attacking Iran’ before midterm elections
President says Washington and Tehran are having ‘productive discussions’
Donald Trump has said Washington will not strike Iran ahead of the US midterm election...
00:00
3 mins read
Starbucks has explored takeover of Chipotle in restaurant megadeal
Purchase of $41bn market-value burrito chain would rank as largest restaurant acquisition of all time
Starbucks has explored a takeover of Chipotle Mexican Gri...
00:00
3 mins read
OpenAI annualised revenues $20bn less than previously signalled
AI group recently told investors the critical figure was nearing $50bn in September, far less than the $70bn widely reported
OpenAI’s annualised revenue is abo...
00:00
3 mins read
US justice department orders playbook refresh for frauds on government
Prosecutors told to deploy full range of powers to claw back funds and seek stiffer sentences
The US Department of Justice is directing federal prosecutors to...
00:00
2 mins read
Amex fined $350mn for failing to flag suspected money laundering
US regulator finds ‘systemic’ failures that left $13bn in suspicious transactions unreported
American Express has been hit with a $350mn penalty for “critical...
00:00
4 mins read
Working in insurance guarantees a wide range of careers
Investigation teams are as important as data analysts and client-facing work
When the Bayeux Tapestry came to England this summer for the first time in nearly...
00:00
3 mins read
US to publicly execute former soldier by firing squad
American military will live-stream the execution of an extremist who killed 13 people at Fort Hood in Texas in 2009
The Pentagon will livestream the execution...
00:00
7 mins read
Can Democrats win back blue-collar voters? Ohio will answer
Donald Trump’s Republicans try to hold their gains in America’s industrial heartland
Rob Hines has been unable to find a new job since being told in January th...
00:00
6 mins read
Four Seasons Hotel at The Surf Club review: the glamour of Miami’s golden age
This former playground of Hollywood royalty may be the Magic City’s most atmospheric and alluring hotel
This article is part of FT Globetrotter’s guide to Miam...
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6 mins read
David Ellison built a Hollywood colossus. Now he needs to run it
Media mogul faces a steep challenge after closing his $111bn deal to bring together Paramount and Warner Bros
David Ellison has finally sealed his $111bn deal...
00:00
4 mins read
UK urged to impose tariffs on Chinese chemical at centre of EU trade dispute
Trade watchdog’s findings leave ministers facing tough decision on whether to follow recommendation
The UK government should impose steep tariffs on Chinese im...
00:00
5 mins read
US oil trader takes $2bn gamble on tankers as carriers steer clear of Hormuz
American security push aims to spur Asian refining as diesel shortages stoke inflation
A Dallas oil trader says he is buying $2bn worth of supertankers to get...
00:00
2 mins read
Chrysler Building taken over as New York luxury office market booms
New owners to pay $235mn and plan an upgrade for the landmark suffering from low occupancy and disrepair
The Chrysler Building, one of New York’s most iconic s...
00:00
2 mins read
SpaceX credit risk jumps on worries over its borrowing spree
Leap in credit default swaps tracking Elon Musk’s aerospace group follows an FT report that it is seeking to raise $40bn to buy Nvidia chips
A measure of credi...
00:00
2 mins read
Marco Rubio urges western countries to uphold traditional values
US secretary of state warns alternative is ‘atrophy, servitude and decline’ in Athens speech
US secretary of state Marco Rubio has called on western nations to...
00:00
3 mins read
US government bonds steady after strong 10-year Treasury auction
French, Italian and UK government bonds under pressure in volatile trading
A sell-off in US government bonds eased after an auction of 10-year Treasuries drew...
00:00
3 mins read
SEC warns asset managers against collaborating on activist campaigns
US regulator says fund groups risk stricter rules after a probe into the ousting of ExxonMobil board members
The US securities watchdog moved to prevent asset...
00:00
2 mins read
Trump considers ‘terminating’ campaign advisers after Balkans trip
President says Chris LaCivita and James Blair guiding pro-Russian government less than a month before midterms could be a ‘conflict’
Donald Trump has distanced...
00:00
2 mins read
Fed minutes indicate broad agreement for another rate rise this year
Records from the Fed’s September decision showed a clear consensus
Minutes from the Federal Reserve’s September meeting confirmed there was little opposition t...
00:00
4 mins read
The Shelborne by Proper: a Miami landmark is back in business
Following a $100mn restoration, the 1940s Art Deco hotel offers a stylish base for soaking up South Beach
This article is part of FT Globetrotter’s guide to Mi...
00:00
8 mins read
How a trillion-dollar hedge fund borrowing spree became Wall Street’s cash cow
Banks’ trading businesses are booming, but post-crisis regulation means it is no longer them placing the bets
In February Goldman Sachs invited top hedge fund...
00:00
5 mins read
Democratic powerbroker Clyburn urges Black voters not to be ‘fooled’ by Donald Trump
Civil rights veteran says Republicans will ‘reap the reaction’ for redistricting moves ahead of midterm elections
Jim Clyburn, the Democratic veteran of the ci...
00:00
3 mins read
Police make seventh arrest over RAF Fairford incident
Arrest of 22-year-old UK national comes days after US military moved aircraft from the base
UK police said they have arrested a 22-year-old British man on susp...
00:00
3 mins read
Billionaire family rules out sale of Condé Nast after CEO’s abrupt exit
Steven Newhouse says publishing dynasty will not give up magazines including Vogue, The New Yorker and Vanity Fair
The Newhouse family has ruled out selling Co...
00:00
4 mins read
Big Oil’s day in court
The US Supreme Court heard arguments in a pivotal case that seeks to hold top polluters liable for the costs of climate change
This article is an on-site versi...
00:00
5 mins read
Donald Trump fumes over disloyal Supreme Court judges
Also in today’s newsletter, Pentagon bombers pulled from UK air base after Iranian drone attack threat
This is an on-site version of the White House Watch news...
00:00
3 mins read
Debt in the spotlight as Paramount closes $111bn deal for Warner Bros
Heavy cuts expected as boss David Ellison seeks to deliver $6bn of cost savings at combined group to be known as Skydance
David Ellison on Tuesday cemented his...
00:00
2 mins read
McKesson and CD&R strike $5.8bn deal to buy infusion services provider
Acquisition of Option Care Health is latest buyout of a healthcare services company trading below historic valuation multiples
Healthcare group McKesson and pr...
00:00
3 mins read
Palmer Luckey’s Erebor surges to more than $7bn in deposits since launch
Start-up bank for technology industry seeks to fill the void left by the collapse of Silicon Valley Bank
Palmer Luckey’s bank for the technology industry has s...
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2 mins read
Donald Trump says he is considering suspending federal petrol tax
Surging fuel prices are heaping pressure on the president and his Republican Party four weeks ahead of midterm elections
Donald Trump said he was considering s...
00:00
3 mins read
AI boom puts US earnings on course for third quarter of 25% growth
S&P 500 earnings are forecast to rise 27% against a backdrop of stock market highs and elevated longer-term borrowing costs
The US is gearing up for another qu...
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3 mins read
Anduril plans shipyard to manufacture parts for US Navy’s top submarines
Palmer Luckey’s defence tech start-up to invest $3.7bn as Trump attempts to reduce dependence on leading ‘prime’ contractors
Anduril announced plans to build a...
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4 mins read
S&P 500 hits record high as AI stocks shrug off bond market slump
Wall Street’s benchmark index closes at fresh peak but rally is increasingly reliant on handful of tech stocks
The S&P 500 closed at a record high on Tuesday a...
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3 mins read
SpaceX looks to raise $40bn to buy Nvidia chips
Blockbuster debt deal is the latest sign of the vast spending on chips and other infrastructure underpinning AI
Elon Musk’s SpaceX is seeking to raise $40bn to...
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2 mins read
David Ellison sticks with Mark Thompson as CNN boss amid Trump attacks
Decision comes a day before blockbuster deal to combine Paramount and Warner Bros is expected to close
David Ellison’s Paramount Skydance will keep Mark Thomps...
00:00
3 mins read
US ‘monitoring’ situation around suspected case of plague in Russia
Moscow has imposed sweeping quarantine measures in Siberia after death of plague research institute worker
The US has said it is monitoring developments relati...
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4 mins read
Nvidia’s $20bn licensing deal with Groq faces lawsuit from jilted engineers
Employees of start-up say they were short-changed when the chip titan left them out of the ‘acqui-hire’ transaction
Nvidia’s $20bn licensing deal with Groq fle...
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3 mins read
Reflection AI boosts US ambition to compete with Chinese ‘open’ models
Start-up claims new model Beam is on par with leading Chinese competitor as battle with Beijing intensifies
A US AI start-up backed by Nvidia and the Trump adm...
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2 mins read
Citi to speed up promotion path for junior bankers as hiring war heats up
Length of investment banking analyst programme to be cut to two years to try to stave off poaching of young workers by private equity
Citigroup is cutting the...
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2 mins read
Wall Street banks launch record $60bn chip deal for Broadcom and Anthropic
Syndication of the massive financing package tests lending appetite amid growing concerns over mounting AI debt
Wall Street banks on Monday began offloading pa...
00:00
3 mins read
McKesson and CD&R near $5bn-plus deal to buy infusion services provider
Acquisition of Option Care Health would be the latest buyout of an undervalued healthcare services company
Healthcare group McKesson and private equity firm Cl...
00:00
6 mins read
Big Oil goes to US Supreme Court over pivotal climate damages claim
ExxonMobil and Suncor Energy look to the high court to block state action
The US Supreme Court grappled on Monday with a pivotal case that stands to determine...
00:00
2 mins read
Donald Trump says US pulled bombers from UK after ‘threats’
Washington and London have suggested Iran was involved in a recent incident near RAF Fairford base
US President Donald Trump said the Pentagon pulled its bombe...
00:00
2 mins read
Donald Trump eases red diesel limits in attempt to quell fuel inflation
US president announces the move during a trip to the agricultural state of Nebraska
Donald Trump has temporarily eased limits on the use of tax-exempt red dies...
00:00
5 mins read
Blockers: Rebels in the Deep State by Michael Lewis — Doge’s wrecking ball
‘The Big Short’ author’s latest tells the story of the people who held out against Elon Musk’s 18-week mission to destroy much of the US state
Early into Elon...
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4 mins read
Largest-ever US utility megadeal faces backlash in Virginia
Rising power bills and concerns about monopoly power prompt officials to intervene in NextEra’s $67bn Dominion takeover
The US’s largest utility megadeal is ru...
00:00
2 mins read
Donald Trump says Maga Inc will pay for ads instead of taxpayers after backlash
US president reverses course after defending television spots that ran during National Football League games and ‘Saturday Night Live’
Donald Trump said he wou...
04:00
4 mins read
US affordability tracker: the data that could decide the 2026 midterm elections
The FT is tracking changes to the cost of living that will affect American voters
The affordability crisis is dominating midterm election campaigns in the US a...