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Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US federal agencies are set to freeze the payment of hundreds of billions of dollars of domestic federal grants and loans on Tuesday in President Donald Trump’s latest aggressive move to slash and

OpenAI chief executive Sam Altman said he would fast-track product releases and “deliver much better models” after the release of a powerful new model by Chinese start-up DeepSeek undermined Silicon Valley’s lead in a global artificial intelligence arms race. DeepSeek’s generative AI chatbot, a direct rival to ChatGPT, is able to perform some tasks at

Stay informed with free updates Simply sign up to the European banks myFT Digest — delivered directly to your inbox. European banks are on course to return close to €123bn to shareholders for the second consecutive year as lenders lift dividends above their pre-financial crisis peak and buybacks soar. The largest listed European and UK

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Ray Dalio, the billionaire founder of hedge fund firm Bridgewater Associates, warned that the UK could be heading for a “debt death spiral”, in which it has to borrow more and more money to service

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Show video info Donald Trump promised a “golden age of America”, as he used his inaugural address to unveil sweeping moves to undo Joe Biden’s policies and reverse a “crisis of trust” he

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Labour will have to focus heavily on developing service exports to deliver faster economic growth, according to an analysis that warns that the UK’s Northern regions continue to lag far behind the more prosperous South

It was the moment Israelis had been yearning for. On Sunday afternoon, 471 long days after they were seized by Hamas in the blackest hour of Israel’s history, three young hostages made the painstaking journey from imprisonment in Gaza to freedom in their homeland. The release of the three women — Romi Gonen, Emily Damari

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A truce between Israel and Hamas due to come into effect on Sunday morning has been delayed after Hamas failed to provide the names of hostages to be freed later in the day for what

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world President-elect Donald Trump said he would “most likely” extend the deadline for ByteDance, the Chinese owner of TikTok, to divest the video app which faces a nationwide ban that is set to come

Sir Keir Starmer, Britain’s prime minister, said he could strike a trade deal with Donald Trump and avoid punitive tariffs on the UK as he dismissed as “noises off” Elon Musk’s strident criticism of his leadership. Starmer, speaking to the Financial Times on a visit to Kyiv, insisted Trump’s inauguration on Monday would not add

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Scott Bessent said the US should increase sanctions on Russian oil producers to force Moscow to negotiate with Ukraine as he criticised the Biden administration for not being tougher on Vladimir Putin’s regime.

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world It is not yet clear that the Gaza ceasefire will even come into force. But, if the war is indeed ending, what has it meant for the world? For Israel, the impact seems

Stay informed with free updates Simply sign up to the US inflation myFT Digest — delivered directly to your inbox. US stocks and bonds rallied after data published on Wednesday showed underlying price pressures easing more than expected, prompting investors to bet on swifter interest rate cuts this year. The figures from the Bureau of

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Investors are ditching emerging market stocks as they brace themselves for president-elect Donald Trump’s proposed trade tariffs and contend with a soaring US dollar and rising bonds yields. MSCI’s emerging markets index, which

The day the flour finally ran out, and the caved-in roof of their two-storey house no longer held the rain at bay, Abdallah Abu Saif’s family gently lifted the 82-year-old grandfather on to a donkey cart and fled Jabalia. Weak from hunger, deaf from months of air strikes and dimly aware he might never return,

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Brussels is reassessing its investigations of tech giants including Apple, Meta and Google, just as the US groups urge president-elect Donald Trump to intervene against what they characterise as overzealous EU enforcement. The review, which

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. EU shipyards are repairing Russian ice-class tankers and offering them dry dock facilities, enabling Moscow to continue moving gas through the Arctic despite western sanctions on its energy sector. Without the maintenance work —

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The California wildfires could be the costliest disaster in US history, the state’s governor said, as forecasts of heavy winds raised fears that the catastrophic fires would spread further. In remarks to NBC’s

Standard Digital was €540 now €319 per year Save now on essential digital access to quality FT journalism on any device. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT FT Videos

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The IMF has warned that jitters surrounding Donald Trump’s threat to impose trade tariffs were driving up longer-term borrowing costs and would add to pressures facing the global economy in 2025. Speaking to