Shortly before my mother’s death, my brother, with whom I have a poor relationship, persuaded her to vary her will, meaning I’ve ended up with one-quarter of the estate instead of half. I need the full half for my retirement, but don’t have funds for a legal fight if my brother drags it out. What … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mad for it, I am. I just bought my ticket for the big Oasis reunion at Wembley in July. It cost me £1,537 on resale site Viagogo. My seat will be way up behind the … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Debates over the merits of ebit versus ebitda would be at home in a Reddit thread or a business school seminar. But the gap between these two measures of a company’s earnings has lately become … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Argentine peso, Javier Milei told voters while seeking the presidency, was “worth less than excrement”. His solution? To replace it with the US dollar and burn down the central bank. Eighteen months later, Milei … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The author is vice-chair at Oliver Wyman and former global head of banks and diversified financials research at Morgan Stanley What will the longer-term financial consequences of Trump’s tariffs be? We may be … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. It never rains, but it pours. This is how UK economic policymakers must feel right now. The economy performed terribly after the financial crisis of 2007-09, then performed even worse after the pandemic and is … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Some people follow trends; real fashionistas anticipate them. Unhappy earnings from luxury behemoth and bellwether LVMH should therefore trouble discerning investors. The Louis Vuitton owner’s shares fell 7 per cent on Tuesday after poor first-quarter … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Donald Trump’s latest wave of tariffs seemed like a win for Tesla. Heightened protectionism promised a well-timed shield for the US electric-vehicle maker just as Chinese rivals — especially BYD — were rapidly gaining ground. … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Given the recent thumping their portfolios have taken, investors could be forgiven for thinking that equities must now be factoring in a lot of downside risk. False hopes help no one, however. US stocks are … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer is founding partner and head of research at Gavekal Dragonomics A week of tariff trauma has left the world economy not much worse off than it was on President Donald Trump’s … Read more