Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. John Paulson, the Republican megadonor considered to be a potential Treasury secretary if Donald Trump wins the presidential election, has warned that the US must not “decouple” from China, striking a more measured tone than
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Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. Traders slashed bets on imminent Federal Reserve rate cuts on Wednesday after data showed US inflation rose to 3.5 per cent in March, surpassing expectations and marking the second increase in a row. The annual
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. The capability of new artificial intelligence models will surpass human intelligence by the end of next year, so long as the supply of electricity and hardware can satisfy the demands of the increasingly powerful technology,
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The evidence is strong, if not quite conclusive, that smartphones damage children and girls in particular. Governments should enact at least some of the legal curbs proposed in Jonathan Haidt’s The Anxious Generation. But take
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Benjamin Netanyahu said Israel had set a date for an assault on Rafah, after far-right allies warned that his premiership would not be tenable if he did not launch an attack on the town in
Simon Kuznets, the Nobel laureate known for his work on standardising the measurement of gross national product, used to group economies into four broad categories: under-developed, developed, Argentina and Japan. From the 1960s, Japan’s extraordinary growth appeared so unique to Kuznets that it warranted its own category. But, starting in the late 1990s, Japan became
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. President Joe Biden will warn China about its increasingly aggressive activity in the South China Sea this week during summits with Japanese Prime Minister Fumio Kishida and Philippines President Ferdinand Marcos Jr. Two senior US
The accounting firm picked to audit Donald Trump’s social media venture has had repeated run-ins with regulators and faced criticism for its failure to live up to professional standards in the US and Canada, according to a review of public filings. BF Borgers has become one of the most prolific auditors of US public companies
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Two Chinese state-owned banks hold a crucial role in the future of Thames Water, as part of a group of lenders involved in a stand-off over debt at the parent company of Britain’s largest water
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s military said on Friday that its soldiers had made errors and violated its operating procedures in their strike on a humanitarian convoy this week that killed seven aid workers. The deaths of the workers
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joe Biden has warned Benjamin Netanyahu that US support for Israel’s war in Gaza depended on its efforts to address the humanitarian suffering in the enclave, as he called for an “immediate ceasefire” in the
Janet Yellen said she would “not rule out” raising trade barriers to protect US green tech businesses from Chinese competition. The US Treasury Secretary is headed to Guangzhou and Beijing to meet top Chinese economic officials later this week, and plans to use the trip to call out officials over the glut of cheap Chinese
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Google is working on the biggest shake-up of its search business by charging for new “premium” features powered by generative artificial intelligence, the first time it would put any of its core product behind a
Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine has carried out its longest-range drone strikes in Russia more than two years into Moscow’s full-scale war, injuring at least a dozen people in an attack on an industrial facility and a refinery
The S&P 500 retreated from a record high to start the second quarter of 2024 on the back foot, with Treasury yields rising as resilient economic data prompting traders to reassess their bets on rate cuts this year. Despite opening in positive territory on Monday, Wall Street’s benchmark swung to close 0.2 per cent lower
Three senior members of Iran’s Revolutionary Guards were killed on Monday in an air strike on the consular section of Iran’s embassy in Damascus, an attack that Tehran has blamed on Israel. The death of Brigadier General Mohammad-Reza Zahedi, a prominent commander of the Revolutionary Guards, marks a significant escalation in hostilities that have engulfed
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Companies are rushing to meet their financing needs before the US election this year, in a bid to get ahead of potential market volatility in the final stages of the presidential race. Corporate borrowers have
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is an FT contributing editor and writes the Chartbook newsletter In a world of polycrisis, in which intersecting problems compound each other and there are few easy wins, it is all the more
Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US inflation rose slightly to 2.5 per cent in February, according to the metric that the Federal Reserve uses for its target. The rise in headline Personal Consumption Expenditures inflation, from 2.4 per cent in
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sam Bankman-Fried has been sentenced to 25 years in prison over his role in the collapse of his FTX cryptocurrency exchange, after being convicted of stealing billions of dollars in customer funds to make risky
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