Economics

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private equity group Clearlake Capital is close to clinching a deal to buy a majority stake in healthcare software company Modernizing Medicine in a buyout that values the group at $5.3bn including debt, according to…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prada has emerged as the frontrunner to buy Versace from Capri Holdings for about €1.5bn, in a move that would combine two of Italy’s best known luxury fashion brands. After months of on-off talks between…

At Lancaster House, a 19th century mansion adjacent to Buckingham Palace, it felt like a moment of truth for Europe, as the continent’s biggest powers gathered to try to rescue something from a crumbling postwar order. Sir Keir Starmer and French President Emmanuel Macron, working in tandem, had a clear message in London: Europe has…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Britain and France are to lead a desperate European attempt to salvage peace hopes in Ukraine, after last week’s explosive meeting between US President Donald Trump and his Ukrainian counterpart Volodymyr Zelenskyy. Sir…

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 will impose tariffs on Mexico and Canada on Tuesday but is still deciding on the levels, commerce secretary Howard Lutnick has said. Mexico and Canada have done “a lot” to…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Cryptocurrency prices jumped on Sunday after President Donald Trump said a potential US strategic reserve of digital assets will include lesser-traded tokens Solana, XRP and Cardano. Trump made the disclosure on his Truth…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world “This is going to make great television, I will say that.” Those were the final words spoken by Donald Trump to the somewhat shell-shocked media dispersing from the Oval Office on Friday, after…

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The most important task of the US legislature — America’s first branch of government — is to check the executive. By that measure, the country’s 119th Congress has lost its purpose less than…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Iran’s hardline-dominated parliament has impeached and sacked economy and finance minister Abdolnaser Hemmati, delivering a significant setback to the reformist government of President Masoud Pezeshkian. The move highlights tensions over how to handle Iran’s crisis,…

Stay informed with free updates Simply sign up to the US economy myFT Digest — delivered directly to your inbox. High interest rates and uncertainty surrounding President Donald Trump’s plans for tariffs and mass deportations are biting into demand for US home improvements, the latest signs of a tepid housing market. Shares of Jeld-Wen Holdings,…