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US-China relations

CIA chief made secret visit to China in bid to thaw relations

Bill Burns’ trip last month was most senior to Beijing by Biden administration official

Musk and Dimon lead corporate charge to Beijing as ties with US fray

The Big Read. How the US is deepening military alliances in China’s backyard

‘Stream’ and ‘Torch’: the Gazprom-backed militias fighting in Ukraine

Editor's picks

Lunch with the FT. Sci-fi writer Ted Chiang: ‘The machines we have now are not conscious’

Obituary. Harvey Pitt, former SEC chair, 1945-2023

Top stories

JPMorgan president tips Fed to pause tightening when rates hit 5.5%

Live

Markets Briefing. Stocks climb after jobs data point to robust US economy

US economy defies expectations of slowdown to add 339,000 jobs in May

Unemployment rate climbs to 3.7% while wage growth cools

Why America’s economic policy muddle matters

Russian concerns on Ukraine must ‘be taken into account’, says Brazil

Foreign policy adviser to leftwing president Lula warns western leaders’ stance risks provoking a wider conflict

Brussels woos banks to provide guarantees for gas stored in Ukraine

2 hours ago

Iran nuclear deal

West considers renewed engagement on Iran nuclear crisis

Diplomatic shift comes amid fears Tehran’s expansive programme risks regional war

new

Spotlight

AI will create ‘more losers than winners’ even as Nvidia soars

Big investor says chipmaker will be among handful of tech groups to drive stocks higher

FT Swamp Notes. The west should pay heed to Ajay Banga

His appointment is an opportunity for the World Bank to try to take centre stage again

News

Facebook to block news for some users in Canada

Social media platform’s parent company Meta seeks to deter law forcing online groups to pay publishers and broadcasters for content

Turkish politics

Investor favourite Mehmet Şimşek set to return as Turkish finance minister

Move signals that President Recep Tayyip Erdoğan may be open to a more orthodox economic approach

US politics & policy

US Senate passes bill to end debt ceiling stand-off and avoid default

Legislation heads to Biden for his signature just four days before Treasury deadline

‘Faith in the Speaker’: McCarthy defies critics with US debt ceiling win

Most read

Women’s football prepares for record-breaking Champions League final

This weekend’s showcase final is a sellout but making the game commercially sustainable remains daunting

Nine die in Senegal clashes after opposition leader jailed

Violence erupts in Dakar and southern town of Ziguinchor after presidential hopeful Ousmane Sonko convicted of ‘corrupting youth’

Brussels urges UK to join trade pact to ease risk of post-Brexit car tariffs

Trade experts warn British membership of Pan-Euro-Mediterranean convention is not ‘immediate fix’

Emmanuel Macron

Global Insight. Macron offers ‘strategic humility’ to woo Europe’s east

The French president has laid a path to repair relations that frayed over Russia’s invasion of Ukraine

North American prime property

‘It’s the opposite of last year’: the Hamptons’ shifting property market

As the pandemic-era buying boom abates, the old seasonal pattern may be returning to New York’s favourite getaway

Dechra agrees £4.5bn takeover offer from buyout group EQT

Move for veterinary pharma company would represent one of biggest UK private equity deals this year

Lex. Dechra/EQT: expect competition authorities to vet pet drug takeover

3 hours ago

Saudi Arabia expands lithium processing to supply BMW

Second facility planned as EV battery supply chains begin to develop outside China

UK Covid inquiry

UK government takes legal action over Boris Johnson’s Covid messages

Cabinet office reveals former PM’s WhatsApp communications only date back to May 2021

Opinion

Why Wall Street is trying to shake up the 2024 race

American investors fear a Biden-Trump rematch, but history may beat chatter when it comes to a third-party candidate

Refugee children must be exempted from cruel and punitive ban

There is no evidence that including under-18s in the illegal migration bill’s block will deter them, but it will cause misery

Interview. Andrew Scott: ‘We have to invest much more in our future selves’

The great ‘Brexit’ and ‘coalition’ taboos are holding the Lib Dems back

Expectations for Nigeria’s president are so low, all he has to do is beat them

Beware ‘death by GPT syndrome’

Inside Business. Apple’s mixed reality headset is a hedge against disruption

Markets Insight. Why private capital flows in the EU remain sluggish

More Opinion

US News

‘People rot from the inside out’: lethal xylazine deepens the US drug crisis

Cartels are cutting fentanyl with the cheap sedative, driving a surge in overdoses in cities such as Philadelphia

US-China tensions have upended global order, Jamie Dimon warns

Loan market braced for rush to Libor finish line

Top Fed official sees no ‘compelling’ reason to wait for fresh rate rise

Pentagon accuses Chinese fighter jet of ‘aggressive’ action near US plane

Total and Belgian energy start-up plan US synthetic gas investment

Goldman weighs another round of job cuts as dealmaking drought persists

Podcasts

FT Weekend podcast. The gangs risking their lives for copper in South Africa

22 min listen

FT News Briefing. What did the fight over the US debt ceiling cost?

9 min listen

Rachman Review. Is the Ukraine war reaching a turning point?

17 min listen

Behind the Money. Best Of: Inside Johnson & Johnson’s bankruptcy two-step

35 min listen

HTSI. The reinvention of Lily Allen

The many perils — and occasional pleasure — of owning a vineyard

The laid-back charm of octogenarian style

Review. The best books of the week

Review. Six films to watch this week

Video

Hillary Clinton52 min

Hillary Clinton on China, Putin and the threat to US democracy

287 hours ago

Italian politics19 min

Italian companies suffer Russia market loss | FT Film

926 hours ago

US manufacturing29 min

Why 3D printing is vital to success of US manufacturing | FT Film

1070 hours ago

World36 min

North Korea and the triads: gangsters, ghost ships and spies | FT Film

1526 hours ago

Highlights

How Taiwan became the indispensable economy

Fearing a potential conflict in Asia, western companies are looking to move production out of Taiwan. But turning away from the self-ruled island will come at a high price for manufacturers

Summer of loveliness: bedding plants that promise masses of blooms

‘The garden of war’: horseback killers return to Darfur

Nikkei Asia. Indian start-up valuations are slashed by global investors

How reliable are the UK’s migration statistics?

The Big Read. Has China become too cosy with private equity?

Letter from the editor on generative AI and the FT

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