Financial Times

Middle-income households are under increasing pressure as inflation rises

Additional funding controls by Office of Management and Budget will make new discoveries less likely, say critics

Industry warns prices could soon jump as inventories reach ‘critically low’ threshold

EU should be wary of curbing access to US providers as it tries to nurture its own

Move comes amid concerns that AI will exacerbate youth unemployment

Bank wants the government to make changes that encourage more foreign companies to manage their cash from the UK

Tech billionaire writes 110 posts, retweets and replies about British affairs in space of week

UK prime minister could be ousted within weeks if Andy Burnham wins Makerfield by-election

Move by Nicola Byrne comes after FT reported that health service had agreed new ‘admin’ role for some external staff

Oil exporters seek alternative ways to export, as crucial waterway has been disrupted for over three months

Legal claim by Jess Asato challenges whether AI model-makers are liable for what their systems produce

Treasury secretary defends Donald Trump’s economic record amid mounting frustration over Iran war

Fund alleges Pillsbury Winthrop lawyer sent it ‘fake financials’ to secure loans linked to Aspiration Partners

President Lula lashes out at lead election rival Flávio Bolsonaro over US lobbying effort

Future of UK’s largest car plant was thrown into doubt by massive restructuring of Japanese group

Tech giant launches first stock offering in more than two decades in effort to fund AI spending

Rapid growth shows volume of passive money ready to buy IPOs such as SpaceX and Anthropic

Mark Zuckerberg expands group’s AI push as it seeks to turn messaging app into bigger business

This is how the new chair should approach his first rate-setting meeting

Comcast’s £5bn Universal resort is due to open in 2031 and employ 20,000 during construction

Sizing up private credit

Fractured party politics and enthusiasm from Labour’s hopefuls are not a sign of imminent proportional voting

An outbreak of peacemaking that should rank as a minor miracle in a troubled world

Pollsters warn that Reform UK leader’s response to Southampton murder risks alienating moderate voters

Adani investment reflects shifting economics of clean baseload power

The historian and thriller and erotic novelist insists there are no bodies in the wardrobe or sex toys on the sofa; but her courtyard apartment is filled with surprises nonetheless

Pressure to appear youthful and normalisation of aesthetic procedures drive a booming industry

Fernando Fernández argues $66bn combination of its food business with McCormick is right step despite upheaval

Sarah Jones responds to far-right claims of racial bias against white people

Kyiv hits oil terminal after deadly Russian strikes on Ukrainian cities

Ex-UK political adviser expected to face Democrat Xavier Becerra in November

The soprano turned dealer is playing a new tune on Pimlico Road

Men’s team’s first appearance at tournament for five decades offers rare moment of unity for Caribbean nation

Four-party coalition led by Mette Frederiksen will also eliminate income tax bands for highest earners

Swiss private capital firm caps redemptions from its $8.6bn flagship vehicle

Kemi Badenoch says his killing needs to be seen as a ‘Stephen Lawrence moment’ but the failures in both cases differ

Growth rates would tumble to levels rarely seen outside of major global events such as the Covid-19 pandemic

First significant effort by the White House to resurrect sweeping tariffs since its defeat at the US Supreme Court

Plus, corporate culture and returns

Also in this newsletter: Counterfeit cigarette use surges across Europe, new report finds

Also in today’s newsletter: renewed Gulf strikes and Fed ‘forward guidance’

The European bank has finally learned that it doesn’t need the US to reach success

Lawyers and financiers complain that policymakers could be undermining the success of the country’s model

Budapest has to find projects for €10bn from pandemic recovery fund which lapses in December

The Bundibugyo strain is a reminder that serious health threats can escalate from under-the-radar pathogens

Guilty verdict for famed short seller raises questions on line between public commentary and illegal trading

Inquiry warns country risks missing out on potential benefits of new form of digital money because of excessive regulation

Muse Spark model has brought momentum, but doubts linger over whether billionaire prodigy can close the gap with rivals

Abhijeet Dipke, leader of viral youth movement, to lead demonstrations calling for education minister to step down

Companies such as Jane Street and Citadel Securities continue to push into territory once dominated by banks