The challenge of using excess global savings

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. “Consumption is the sole end and purpose of all production.” Thus taught Adam Smith. It is hard to see what else production is for, now or in future. Consumption must be the goal of international … Read more

More animal spirits than London Zoo

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Bulls and Tigers and Moomoos — oh my! Online brokers, sensibly named and otherwise, have this year proved a better trade than betting on the broader market. On Wednesday, eToro joined the herd with an … Read more

Labour needs to bend its promise of clean energy

Stay informed with free updates Simply sign up to the Renewable energy myFT Digest — delivered directly to your inbox. Ed Miliband, UK energy secretary, came to office promising to “move fast and build things” by unleashing £40bn of investment a year to convert Britain’s energy infrastructure to clean power by 2030. He remains a … Read more

In praise of America’s trade deficit

This article is an on-site version of Free Lunch newsletter. Premium subscribers can sign up here to get the newsletter delivered every Thursday and Sunday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters I have had two takes on US President Donald Trump’s trade war in the past month. First, I … Read more

Berkshire and the power of reputation

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. More details are emerging about the congressional Republican’s proposed budget. The House version, in its current form, adds … Read more