Economics

This article is an on-site version of our Unhedged newsletter. Premium subscribers can sign up here to get the newsletter delivered every weekday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Good morning. Yesterday was a wild ride in the stock and bond markets, with shares forming a reverse N shape…

Donald Trump has warned tariffs on the US’s biggest trading partners will cause “a little disturbance”, as he vowed to push ahead with his sharply divisive domestic agenda in a combative speech to Congress. In the first major policy speech of his second term, the president doubled down on his decision to impose 25 per…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world It is Mardi Gras in New Orleans. Yet no parade could match the carnival in Donald Trump’s Tuesday night speech to Congress. As the US president declared himself author of not only the…

Rare earths have been thrust into the spotlight as a deal granting the US access to Ukraine’s mineral resources edges closer to being signed even after the collapse of talks last week between Volodymyr Zelenskyy and Donald Trump. The American president has pressed his Ukrainian counterpart to sign a deal that would let the US…

In late 2019, hedge fund trader Chris Rokos convened his top portfolio managers at the firm’s Mayfair offices. Performance at his four-year-old hedge fund Rokos Capital Management had been poor, and it was time for the firm’s mercurial founder to take matters into his own hands. Rokos told his assembled lieutenants that all key investment…

Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. Private equity assets under management fell last year for the first time in decades as investors confronting a $3tn backlog of ageing and unsold deals pulled back from committing new funds to the sector. Buyout…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Norway’s $1.8tn sovereign wealth fund has made its first investment with an external hedge fund betting on rising and falling stock prices, and plans to allocate billions of dollars more to this strategy as it…

President Donald Trump has declared that his administration is “just getting started” in his first joint address to Congress of his second term, as he touted his domestic and international achievements and criticised Democrats. The speech, delivered to a palpably divided chamber in which several Democrats held signs of protest, caps a dramatic few months…

Stay informed with free updates Simply sign up to the Chinese economy myFT Digest — delivered directly to your inbox. China has announced an ambitious GDP growth target of 5 per cent for 2025 despite a slowdown in the domestic economy and mounting trade tensions with the US. The figure, which was in line with…