Stay informed with free updates Simply sign up to the US economy myFT Digest — delivered directly to your inbox. The stock market car crash is naturally dominating attention. After all, this is only the fourth two-day 10 per cent decline since at least 1952. But the more alarming developments are happening in currency markets. … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump’s bid to upend the international trading order with huge tariffs has wiped $5.4tn from US stocks in two days, as China hit back with its own levies, deepening fears of recession … Read more
Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Hedge funds have been hit with the biggest margin calls since Covid shut down huge parts of the global economy in 2020, after Donald Trump’s tariffs triggered a powerful rout in global financial … Read more
new video loaded: SpaceX Dragon Capsule Lands in Pacific Ocean transcript Back transcript SpaceX Dragon Capsule Lands in Pacific Ocean After more than five years of landing its returning vessels off the Florida coast, SpaceX’s Dragon capsule splashed down off the California coast for the first time. “We are expecting the main parachutes to deploy … 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 US stock market absolutely hates President Donald Trump’s tariff proposals. The day after they were announced, the S&P 500 fell 5 per cent, its worst day since 2020, and the pain continued … Read more
Stay informed with free updates Simply sign up to the Investments myFT Digest — delivered directly to your inbox. Israeli gas producer Energean used to have a unique approach to new investment — it limited prospective new assets to those within three hours’ flight from Athens, where chief executive Mathios Rigas is based. Its search … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. In an early interview as US Treasury secretary back in February, Scott Bessent made it clear that bond yields, rather than stock prices, were the financial market metrics that he and President Donald Trump cared … Read more
Federal Reserve chair Jay Powell has warned that Donald Trump’s tariffs will stoke “higher inflation and slower growth” as the president’s plans for steep levies on the US’s trading partners shake global financial markets. “It is now becoming clear that the tariff increases will be significantly larger than expected,” Powell said in prepared remarks to … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Klarna has paused plans to launch a long-awaited $15bn New York IPO because of market turbulence in the US in the wake of President Donald Trump’s wide-ranging tariffs announcements. The Swedish “buy now, pay later” … Read more
This article is an on-site version of our Moral Money newsletter. Premium subscribers can sign up here to get the newsletter delivered three times a week. Standard subscribers can upgrade to Premium here, or explore all FT newsletters. Visit our Moral Money hub for all the latest ESG news, opinion and analysis from around the … Read more