Economics

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world Almost 10,000 organisations receiving aid dollars from the US will have their grants permanently axed as President Donald Trump pushes ahead with his plan to dismantle the country’s wide-ranging foreign assistance programme. Letters…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. As you might expect, the protests have been creative, even quirky. More than 1,000 artists, including Annie Lennox and Kate Bush, supported the release this week of a silent album containing nothing more than background…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Stripe has shot back to a valuation of more than $90bn, in a sign of rebounding fortunes for financial technology businesses that have been boosted by a surge in demand from artificial intelligence companies. The…

Merit is the word of the moment. In its annual report last week, oil company ExxonMobil said that it was focused “on building an engaged, global workforce; grounded in meritocracy”. Rich Lesser, global chair of Boston Consulting Group, spoke last month about creating a “meritocracy where everyone has the opportunity to succeed”. Accenture’s Julie Sweet…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BP’s chief executive wants to more than double the oil major’s market value within five years to $200bn, the level it achieved before the 2010 Deepwater Horizon disaster. Murray Auchincloss told the Financial Times that…

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rightwing influencer Andrew Tate and his brother Tristan have left Romania on a private jet bound for the US, after prosecutors lifted restrictions banning them from leaving the country where they were being held on…

Until last month, Canada’s Liberal party appeared destined for electoral oblivion. Its leader, Prime Minister Justin Trudeau, had just quit amid plunging poll ratings, blamed by voters for a stagnating economy and taunted as a “woke liberal” by a newly elected US president. But Donald Trump’s first month in power has galvanised Canadian politics. He…