The markets just don’t believe Trump on tariffs

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all … Read more

The natural gas trap

Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. The writer is David S Lobel professor in business and sustainability and professor of political economy at Stanford University I recently served as an expert witness in court. A question put to me … Read more

ASML finds even monopolists get the blues

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Holding a virtual monopoly in a product on which the artificial intelligence boom relies should be a golden ticket. For chipmaker Nvidia, it has been. But ASML, which makes extraordinarily complex machines that etch silicon … Read more

Gates open for affluent to invest in private credit

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The author is vice-chair at Oliver Wyman and former global head of banks and diversified financials research at Morgan Stanley Once the domain of pension funds, insurers and the uber-wealthy, private credit is undergoing a … Read more

How Labour can resurrect itself

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Since coming to power, the thing Labour has most successfully communicated is helplessness. A sense of despair has spread to businesses, to households, to the Parliamentary Labour party and across Westminster.  It has become commonplace … Read more

Fox got a big Trump bump — now comes the hard part

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Fox Corporation has been riding on a ratings high since Donald Trump’s re-election in November. Shares in the conglomerate — now primarily a news and sports media company after Disney bought out its film and … Read more

America’s police-industrial complex has a meme stock

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Violent encounters between police and US residents claim about 2,000 lives a year. Axon Enterprise claims it has a way to reduce the frequency of such tragedies: by selling “neuromuscular incapacitation” devices to law enforcement. Readers … Read more

All hail the equity vigilantes

Stay informed with free updates Simply sign up to the Capital markets myFT Digest — delivered directly to your inbox. Everyone knows bureaucracies don’t shrink themselves. Why on earth would they? Rather, their sole aim is to grow bigger, concluded economist William Niskanen in his budget-maximising theory of 1968. No one in Britain should have expected … Read more

The BBC’s constant cornucopia of trouble

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is a former controller of BBC Radio 4 Another day another crisis. The BBC can always be guaranteed to provide fodder for outrage — perceived bias in the corporation’s news coverage (the most … Read more