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Dear fellow investors The year 2025 was marked by escalating ‘climate realism’ – a new and cynical term for climate

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Trump says he will double tariffs on US steel imports to 50%

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Elon Musk ‘not really leaving’ the US government, says Donald Trump

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Jamie Dimon warns US bond market will ‘crack’ under pressure from rising debt

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Emmanuel Macron calls for European and Asian ‘coalition’ during US-China tension

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Why doesn’t government work in the US?

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NatWest returns to full private ownership 17 years after £46bn UK bailout

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

US goods imports tumble 20% in April as Trump’s tariffs disrupt trade

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Nomura hails progress in weaning staff off smoking

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

OpenAI risks being undercut by cheaper rivals, says star investor

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There’s a ticking time bomb in Trump’s ‘big, beautiful bill’

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US-China trade talks ‘stalled’, says Scott Bessent

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Elon Musk counts the cost of his ‘government efficiency’ blitz

Elon Musk’s four-month blitz through the US government briefly made him Washington’s most powerful businessman

Welcome to the age of cyber insecurity in business

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EU to launch age-check app as pressure builds on Big Tech

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

Trump tariffs take Detroit and Windsor from ‘best friends’ to verge of break-up

The Ambassador Bridge soars over the river dividing Detroit and Windsor, Ontario, a symbol of