business
America needs a serious opposition
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s record-breaking 100-minute speech on Tuesday to a rowdy joint session of Congress made for a curious and cringeworthy spectacle — and I am not even referring to the (largely predictable) braggadocio … Read more
Tesla stock is falling because Elon Musk’s stock is falling
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The post-election Trump bump has come and gone. Along the way, no US stock was more powerfully buffeted than Tesla. Elon Musk’s carmaker had, at one point in December, gained $733bn in market capitalisation since … Read more
Another day, (maybe more than just) another rout
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 FT newsletters Good morning. US stocks got taken out to the woodshed yesterday. The S&P 500 fell 2.7 per cent and the … Read more
Berlin’s about-turn can get Europe more bang for the buck
Stay informed with free updates Simply sign up to the German economy myFT Digest — delivered directly to your inbox. The word “bazooka” is an overused metaphor for financial policy decisions. But it is entirely fitting to describe Germany’s Damascene conversion to deficit spending — a political agreement to ditch deficit limits altogether for defence … Read more
How to cut Britain’s rising welfare bill
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Britain’s spending on welfare is growing inexorably. The Office for Budget Responsibility has estimated that the country’s total expenditure on benefits will increase by more than 25 per cent to £378bn by 2030. This is … Read more
What is behind the dramatic shift in markets
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is president of Queens’ College, Cambridge, and an adviser to Allianz and Gramercy Financial markets have witnessed a dramatic change that is overturning the consensus trades that dominated until early February of this … Read more
Will new bill make it harder to evict our lodger?
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. We’ve rented our attic room to a lodger for almost five years. The tax-free income we make has covered trips away and we like having the security of someone there when we’re on holiday. But … Read more
Monopoly without the money? There’s an app for that
Monopoly without the money? There’s an app for that