BUSINESS

Introducing the ‘Maleficent 7’

The S&P 500 dipped into correction territory on Tuesday and Nissan has pushed out chief executive Makoto Uchida in the wake of the collapse of merger talks with Honda. Plus, banks are trying to catch up to one of the hottest trends in consumer finance: interest-free buy now, pay later loans. Mentioned in this podcast: … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The writer is chief executive and chief investment officer of Richard Bernstein Advisors Every introductory economics student knows that prices go up when demand outstrips supply. Accordingly, investing in scarcities has typically been a good … Read more

Stay informed with free updates Simply sign up to the Oil & Gas industry myFT Digest — delivered directly to your inbox. A plan mapping out a green future for Scotland’s imperilled Grangemouth oil refinery proposes £3.8bn of investments over a decade, rising to almost £13bn under a best-case scenario. A feasibility study of potential … Read more

new video loaded: NASA Launches Powerful Space Telescope transcript Back transcript NASA Launches Powerful Space Telescope A SpaceX Falcon 9 lifted off from California carrying the telescope, named SPHEREx, along with a suite of satellites called PUNCH. 3, 2, 1, ignition. Liftoff of the Falcon 9. Go SpaceX. Go SPHEREx, Go PUNCH. SPHEREx and PUNCH … Read more

Latest news on ETFs Visit our ETF Hub to find out more and to explore our in-depth data and comparison tools The world’s largest active asset manager is throwing its weight behind an emerging trend at the confluence of two fast-developing themes: model portfolios built entirely out of actively managed exchange traded funds. Los Angeles-based … Read more

Donald Trump and his team of economic advisers are racing ahead with an attempt to radically reshape the US economy from a consumption behemoth with a huge trade deficit to a manufacturing powerhouse. The economic pivot, which has focused on aggressive tariffs and significant cuts to government spending, has sent US equities reeling and prompted … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A small cohort of global steel producers has emerged as unlikely winners from Donald Trump’s sweeping import tariffs, as the US president expands his trade war in an attempt to protect US manufacturing industries. US … 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 25 per cent tariffs on steel and aluminium imports into the US took effect on Wednesday as he continued to pursue his protectionist trade agenda despite growing concern over the risk … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Investors have long been wary of China, piling into US markets, no matter what the climate. But is that changing? Today on the show, Rob Armstrong and Aiden Reiter talk to Ruchir Sharma, a columnist … Read more