Was Francis the first Peronist pope?

For many, Francis was the “people’s pope” or the “pope of the poor” but in his native Argentina, the pontiff had another name: the Peronist pope. Depending on your political persuasion, that would either be a badge of honour or a mark of shame. Peronism has defined and divided Argentina for much of the past … Read more

A crucial earnings season

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

Easing leverage limits on banks could backfire

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 former chair of the FDIC and author of ‘Money Tales’, financial education books for children US Treasury Secretary Scott Bessent has said he wants to deregulate the financial system responsibly. He has … Read more

How to think about returns in a bear market

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. There are many oddities in how we think about our finances. Returns are one elephant trap. They are the only meaningful output from investment. But most of us, I suspect, put little effort into assessing … Read more

US defence stocks look a little less than defensive

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The Trump administration’s pivot away from being the primary guarantor of European security has been a boon for the continent’s arms makers. Shares in the UK’s BAE Systems, Italy’s Leonardo, France’s Thales and … Read more

Vance’s trolling audition to be Trump’s heir

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world It was inevitable that memes about JD Vance would surface the moment Pope Francis passed away. “It’s good to see you in better health,” the US vice-president told the pope on Sunday. The … Read more