Economics

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Investors fear that Donald Trump’s tolerance for a steep stock sell-off is far higher than it was in his first term as Wall Street loses faith that financial markets will restrain the president’s…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. OpenAI has forged a near-$12bn contract with CoreWeave and will take a stake in the cloud computing provider, boosting the group ahead of its expected $35bn public listing. The ChatGPT maker has signed a five-year…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Elon Musk has claimed a cyber attack on his social media platform X on Monday was orchestrated by “IP addresses originating in the Ukraine area”, the latest in a series of recent troubles…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Delta Air Lines slashed its sales and earnings expectations for the first quarter, blaming a decline in consumer and corporate confidence triggered by economic “uncertainty” for hitting US demand. The Atlanta-based group’s profit warning after…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world UK Prime Minister Sir Keir Starmer has told Donald Trump he wants to see “positive” talks between top US and Ukrainian officials that would pave the way for a resumption of Washington’s military…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Canada’s Ontario province has hit US power exports with a 25 per cent surcharge as Canada steps up its retaliation against Donald Trump’s tariffs. The levy will have an impact on 1.5mn homes…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Nowhere has Donald Trump’s return as US president shaken up domestic politics quite as much as in Canada. It is remarkable enough that Mark Carney, a former central banker with no experience in…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Energy companies are asking the White House for a more steady approach after a whirlwind few weeks of tariff threats and changing policies that have buffeted the industry.  “Swinging from one extreme to…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Blowback against Elon Musk has lit a rocket under Europe’s besieged space sector, as countries rethink their reliance on Starlink, the satellite system of President Donald Trump’s favoured tech billionaire. In Italy, a proposed $1.5bn…

Last week, data indicated that the US trade deficit surged to a record $131.4bn in January, as businesses scrambled to stockpile goods ahead of President Donald Trump’s Schrodinger’s tariffs. American economic data has generally been disappointing, but the worsening news on imports has in particular stirred up some angst. Because of the mechanics of how…