Small-cap stocks are not signalling recession

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. 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 … Read more

US allies in Asia must also rethink their defence

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world President Donald Trump’s transformation of the US into a deeply unreliable partner has prompted a radical reconsideration of defence policy among Nato members. The implications for Washington’s allies in the Asia-Pacific have drawn … Read more

Gold investors chase the carat, ignore the stick

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Where to find investment outperformance in 2025? Defence stocks, Chinese internet companies and Warren Buffett’s Berkshire Hathaway have all beaten the market. But when the flight to safety is on, gold still gleams. The precious … Read more

Who is Manchester United’s new stadium for?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is the FT’s architecture and design critic It’s an oddity that the Premier League is the most successful football league in the world but the best club football stadiums are all, pretty much, … Read more