Donald Trump has had his first Liz Truss moment

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 Greetings. For our American readers, are you tired of winning yet? Much has been said about President Donald … Read more

A new who’s who of the global elites

Stay informed with free updates Simply sign up to the Life & Arts myFT Digest — delivered directly to your inbox. How does each country select its economic elite? What are the differences between, say, US and Chinese elites? The new World Elite Database (WED) offers the best comparative data yet, drawn from 16 countries … Read more

Markets 1, Trump 0

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world 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 … Read more

Private equity is more stuck than ever — and secondaries will benefit

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Who benefits when markets lurch? Generally, those sitting on giant piles of cash. Investors who find themselves with dry powder during a crisis can relieve overextended owners of their assets, ease liquidity crunches and hopefully … Read more

Do these trousers make me look fascist?

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. On a recent work trip in Madrid, I picked up a new word: fachaleco. You will not find it in a Spanish dictionary. It is a compound of facha (fascist) and chaleco (vest). It refers, … Read more

Trump has no idea what he has unleashed

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world We should trust in Donald Trump’s instincts, says Mike Johnson, Speaker of the House of Representatives. Alternatively, Johnson and his caucus should run screaming in the opposite direction. It is too late for … Read more

How to celebrate the world as it falls apart

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Picture a couple taking their truculent, bickering, late-teenage children on what no one wants to admit will probably be their last family holiday together. The well-intentioned project is propelled by nostalgia for happier, younger and … Read more

Grocers can provide shelter from tariff storm

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The market meltdown that wiped more than $5tn dollars from US stock markets last week has left investors with few places to hide. From Big Tech to low tech, virtually every industry took … Read more