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Elon Musk’s cuts fail to stop US federal spending hitting new record

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Senate Democrats decline to back bill to avert US government shutdown

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Germany’s CDU to offer voters tax cuts and immigration controls

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Concern grows over mysterious drone sightings along US east coast

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Jaguar’s rebrand has divided opinion. Is ‘Project Roar’ the road to success?

In 2005, Jaguar desperately needed a rebrand. The carmaker was losing money. Its traditional customer,

South Korea votes to impeach president

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

David Sacks, from ‘PayPal mafia’ to Trump’s AI and crypto tsar

At a Christmas party this month for his All-In podcast, David Sacks took to the

Assad’s fall brings joy and the call of home

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‘Massive’ Russian air attack targets Ukraine’s battered energy grid

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Israel instructs army to bolster its position inside Syria

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

TikTok loses bid for emergency halt to looming US ‘divest or ban’ law

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Trump’s tricky dollar problem

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Ukraine sacks commander as Russia advances on key logistics hub

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‘The original centrist’: France’s new prime minister seizes his moment

The previous prime minister of France, conservative Michel Barnier, lasted just three months in office.

Porsche holding company warns of writedown in Volkswagen stake of up to €20bn

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories

OpenAI’s Sam Altman to donate $1mn to Donald Trump’s inauguration fund

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Mid-America Apartment Communities: Quality REIT With Rising Dividends (NYSE:MAA)

This article was written byFollowDavid A. Johnson is founder and principal of Endurance Capital Management,