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Middle East war

Fragile truce takes hold after Trump rebukes Israel and Iran

US president had accused both sides of violating ceasefire

Live

Gulf expat bubble punctured by missiles

updated

Trump’s fragile peace in the Middle East

Nato chief Rutte praises Trump for making Europe ‘pay in a BIG way’

Middle East war

How Trump brokered a tentative Israel-Iran ceasefire

1 hour ago

Europe should not go it alone on defence

TOP STORIES

US interest rates

Powell pushes back on calls for Fed rate cuts as soon as July

US central bank chair tells congressional committee economy remains ‘solid’ but tariffs could push up prices

updated

Stablecoins ‘perform poorly’ as money, central banks warn

BIS says they fail crucial tests for a sound currency and are exploited by criminals

EU readies retaliatory tariffs to secure better trade deal with Trump

German chancellor backs more muscular approach ahead of July talks deadline

new

US Congress plots big tax cut for private credit investors

Deal under consideration would limit taxes on dividends even as spending plan deepens debt and cuts programmes for poor

Spotlight

US politics & policy

Cuomo vs Mamdani: New York mayoral race showcases Democratic rift

Former governor and 33-year-old progressive represent two poles of the party

EU business regulation

The Big Read. Europe’s plan to finally make its single market work

Three decades after it was launched, hundreds of barriers still persist within the EU. In an era of trade wars, Brussels has made it a key priority

News

Jeff Bezos’s wedding draws storm of protest in Venice

Billionaire’s nuptials become lightning rod in city plagued by overtourism and climate change

The Bezos merger we all want a piece of

French politics

French Socialists threaten to topple Bayrou government over pensions

Failure of talks between unions and employers about retirement age could trigger censure vote

Gavi, the Vaccine Alliance

Bill Gates says he will not fill vaccine funding gap left by aid cuts

Billionaire philanthropist says his foundation will maintain funding at previous levels ahead of pledging event

Most read

Artificial intelligence

The struggle to get inside how AI models really work

Anthropic, Google and OpenAI deploy ‘chains-of-thought’ to better understand the operations of AI systems

Tesla threatened with fine in France over ‘deceptive’ claims

Government probe found offences that were unfair to consumers and that breached the law

1 hour ago

Banco de Sabadell SA

Spain blocks BBVA from merging with Sabadell for at least three years

Government imposes new conditions on hostile takeover bid

updated

Banca Monte dei Paschi di Siena SpA

Italy’s Monte dei Paschi sale sparks EU scrutiny after global investors sidelined

UniCredit, Norway’s oil fund and BlackRock were among investors wanting shares in process run by small local bank

The joy of the office packed lunch

Tips from food writers and FT staff show bringing your own doesn’t have to mean limp lettuce and bland microwaved meals

Emerging market investing

Emerging markets defy investor gloom to outshine developed world

Currencies, bonds and stocks rally as global fund managers diversify away from dollar assets

Asian Infrastructure Investment Bank

‘Tiger-fighting’ anti-graft official takes helm at China-backed AIIB

Former anti-corruption official Zou Jiayi will lead Beijing’s answer to the World Bank

China has influence over ports across Latin America, US think-tank reports

Why the serial CEO has fallen out of fashion

Higher pressure and more scrutiny mean leaders are often taking a ‘one and done’ approach to the top corporate job

Opinion

Labour’s industrial policy can succeed where Biden failed

The UK government faces few of the obstacles that stymied the former US president’s agenda

Heather Boushey

Why global imbalances do matter

If the US wants to accelerate a worldwide discussion with a policy intervention, the obvious one would be a tax on capital inflows

Are we human or are we spammer?

Lex. Revolut takes more than one leaf out of Tesla’s book

London’s independent ad agencies will survive the AI apocalypse

Macron and Merz: Europe must arm itself in an unstable world

The FT View. A road map to rebalance the Nato alliance

The editorial board

Business Insight. Wall Street should heed the signal from Mamdani’s mayoral race

James Fontanella-Khan

More Opinion

US News

‘Regime change’ or peace: Trump’s head-spinning Iran policy

President claims another Middle East war has ended — just days after the US joined it

Oil prices pare losses as ceasefire threatened

Fed official Michelle Bowman calls for rate cut as soon as July

US House of Representatives bans WhatsApp on government devices

Trump promises end to ‘12 day war’ between Israel and Iran

Trump taunts Iran with prospect of ‘regime change’ after strike on nuclear sites

Trump calls for immediate boost in US oil production

Podcasts

The Economics Show. The Wolf-Krugman Exchange: AI hype vs reality

42 min listen

Tech Tonic. Trump’s Tech Bros: Has Jeff Bezos sold out?

26 min listen

FT News Briefing. Will the wheels come off Nato?

10 min listen

Behind the Money. Inside Moët Hennessy’s crisis

23 min listen

Reading the World. The novelists exploring the wonders, terrors and untold possibilities of space

Shopping and gifts

HTSI. The poppiest pop-ups of summer 2025

Review. Showmanism — Dickie Beau’s ingenious lip-sync show is a spellbinding tribute to theatre

A new museum celebrates the stylish women of Arles

Things to do in London

FT Globetrotter. Smash hits: nine Londoners’ favourite public courts

Video

20 min

The fight to save Filipino chocolate | FT Film

8 hours ago

World46 min

The Wolf-Krugman Exchange: The economy in an uncertain world

128 hours ago

Petrobras: fuelling the future or stuck in the past? | FT Film

491 hours ago

20 min

Japan's population crisis reaches tipping point | FT Film

784 hours ago

Highlights

Scoreboard. A $20,000 credit card bill and no avocado: life as the world’s 150th-ranked tennis player

For those outside the top 100, it can be tough to balance the books

The Big Read. Why the world cannot quit coal

FT Magazine. The truth about Mark Zuckerberg’s macho-man makeover

The Monday Interview. Scott Galloway: ‘This is the time to fight for America’

The Big Read. Why Big Tech cannot agree on artificial general intelligence

White British — the two words toxifying politics

Robert Shrimsley

Why Keir Starmer made Nigel Farage Britain’s ‘real opposition’

Technology

Lex. Britain will search in vain for ways to hobble Google

The Competition and Markets Authority has listed a series of possible measures against the search giant

new

Australia regulator calls to restrict YouTube access for under-16s

Google faces UK push to loosen its grip on search

Europe Express. Rutte guides shaky Nato spending ship through Trump-infested waters

Are we human or are we spammer?

Tech Tonic. Trump’s Tech Bros: Has Jeff Bezos sold out?

The Economics Show. The Wolf-Krugman Exchange: AI hype vs reality

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