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Holding bitcoin is cool again. President Donald Trump has vowed to make America the “crypto capital of the planet”, words that have helped supercharge the token’s price to eye-watering six-figure highs. Wall Street banks and money managers are preparing to jump in. Investors hope Trump will turn the often-derided token into a mainstream financial asset

Israel’s Prime Minister Benjamin Netanyahu ordered his military to mass around the Gaza Strip and threatened to resume “intensive fighting” against Hamas if the Palestinian militant group failed to release Israeli hostages by midday on Saturday. Netanyahu’s ultimatum on Tuesday came after Hamas’s announcement that it was delaying “until further notice” the planned release of

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer is chair of Rockefeller International. His latest book is ‘What Went Wrong With Capitalism’  The mystery of the moment is why rampant speculation persists in the all-American bull market despite the

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world French President Emmanuel Macron has announced €109bn worth of investments in artificial intelligence in France over the coming years, as Europe seeks a greater foothold in the fast-growing industry dominated by the US

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Donald Trump announced Nippon Steel had abandoned its plan to buy US Steel but would “invest heavily” in the iconic Pittsburgh producer. At a joint press conference with Japanese Prime Minister Shigeru Ishiba

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An arresting claim has dropped into my inbox. A quarter of Brits, a new survey says, are sending emails from the loo, because they are so pressed for time. “Relaxing is a thing of the

Donald Trump’s new cryptocurrency has sparked a flood of imitators, leading to warnings that investors risk being duped. More than 700 copycat and spam coins have been sent to Trump’s digital wallet by people apparently seeking to suggest their creations have his endorsement, according to a Financial Times analysis. It comes after the president and

Stay informed with free updates Simply sign up to the UK interest rates myFT Digest — delivered directly to your inbox. The Bank of England has halved its 2025 growth estimate and cut interest rates by a quarter-point to 4.5 per cent, as it contends with a stagnant UK economy and an increasingly uncertain international

Financial markets have been roiled by US President Donald Trump’s announcement of tariffs on key trading partners, and investors are bracing for further volatility ahead. Here’s how they are trading Trump’s on-again, off-again trade war. Equities: ‘impossible to avoid risk’ Wall Street has been working since before November’s presidential election on how it should position

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world President Donald Trump’s plans for the US to take over Gaza have been met with anger and dismay across the Arab world, and raised fears of reigniting conflict in the region. The US

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US consumers face the possibility of higher prices for popular goods such as tomatoes, avocados and tequila following Donald Trump’s decision to slap tariffs on imports from China, Mexico and Canada.  The potential

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The EU has said it regrets US President Donald Trump’s decision to hit Canada, Mexico and China with sweeping tariffs, and said it would respond firmly if a threat to expand the trade

President Donald Trump’s tariffs on Canada and Mexico sparked panic and condemnation from the US’s top trading partners, who said the levies would devastate North America’s economy and overturn decades of integration. Politicians, business leaders and trade associations in all three countries reacted with disbelief, warning the tariffs would bring inflation, supply chain disruption and

On Monday, the world watched as $1tn was wiped off the stock market in a single day, a huge bonfire kindled by the little-known Chinese artificial intelligence start-up DeepSeek. Its release of a new AI model, known as R1, upended assumptions about US supremacy in AI and raised the prospect that some in China are

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The US will go ahead with plans to hit Canada, Mexico and China with new tariffs, the White House has said, heightening the risks of a trade war. Washington will hit Canada and

Bank of Canada governor Tiff Macklem said the central bank’s projections showed US tariffs would probably put Canada into a recession. BoC modelling, based on a scenario in which the US imposes permanent 25 per cent tariffs on every one of its trading partners and those nations respond in kind, shows a likely 2 per

Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. A frantic sell-off of energy and infrastructure shares this week after advances in artificial intelligence by Chinese start-up DeepSeek shows how little is understood about the power demands of AI, the International Energy Agency has

OpenAI chief executive Sam Altman said he would fast-track product releases and “deliver much better models” after the release of a powerful new model by Chinese start-up DeepSeek undermined Silicon Valley’s lead in a global artificial intelligence arms race. DeepSeek’s generative AI chatbot, a direct rival to ChatGPT, is able to perform some tasks at

When Italian financial power broker Mediobanca helped its longtime client Monte dei Paschi di Siena structure a make-or-break capital raising in 2022, little did it know it would ultimately become a takeover target for the former poster child of the country’s failed banking system.  On Friday, MPS astonished investors by launching a €13.3bn all-share bid

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world US diplomats have requested an urgent exemption for Ukraine-related programmes from a 90-day freeze on foreign aid and “stop work” orders issued by secretary of state Marco Rubio, according to documents seen by