Accessibility helpSign InSubscribeFinancial TimesSubscribeSign InHomeWorldWorld HomeMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaIran warns it will hit US bases across region hours after president’s apologyThe war of unintended consequencesWe’ll always have DubaiIn the centre of the storm: what does the Iran war mean for Dubai?Trump’s war on Iran is spreading. Where does it stop?USUS HomeUS EconomyUS CompaniesUS Politics & PolicyIran warns it will hit US bases across region hours after president’s apologyThe war of unintended consequencesTrump’s war on Iran is spreading. Where does it stop?Donald Trump calls for more US military action in Latin AmericaUS faced with few good options to tamp down surging oil pricesCompaniesCompanies HomeEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportIn the centre of the storm: what does the Iran war mean for Dubai?Is the nightmare scenario for global energy here?Palmer Luckey’s $1bn pitch to reboot 1990s video game consolesThe last of Hong Kong’s colonial-era trainee schemesShips in Gulf declare themselves Chinese to dodge attackTechTech HomeArtificial intelligenceSemiconductorsCyber SecuritySocial MediaPalmer Luckey’s $1bn pitch to reboot 1990s video game consolesUS draws up strict new AI guidelines amid Anthropic clashGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnOracle and OpenAI scrap deal to expand flagship Texas data centreIran hits Amazon data centres in jolt to Gulf AI driveMarketsMarkets HomeAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingIs the nightmare scenario for global energy here?US faced with few good options to tamp down surging oil pricesBritain is now the home of the Middle ManInvestors are not ready for a true shockA week of war in charts: the impact on the USClimateOpinionOpinion HomeColumnistsThe FT ViewThe Big ReadLexObituariesLettersThe war of unintended consequencesWe’ll always have DubaiIs the nightmare scenario for global energy here?Britain is now the home of the Middle ManHow mackerel became Schrödinger’s fishLexWork & CareersWork & Careers HomeBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItGoogle gives CEO Sundar Pichai new pay deal worth up to $692mnPapier founder: ‘I don’t own stocks or shares — it’s too much risk’Are you financially ‘prepped’ for higher inflation?Couples navigate their new money dynamicsAfter years of pay gap reporting, what do we know?Life & ArtsLife & Arts HomeArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterWe’ll always have DubaiTrump’s war on Iran is spreading. Where does it stop?Palmer Luckey’s $1bn pitch to reboot 1990s video game consolesHereditary peer Lord Mancroft: ‘They don’t care about fox hunting. It’s about us’Marinelli: my 15-year quest to ski the biggest face in the AlpsHow To Spend ItHomeWorldUSCompaniesTechMarketsClimateOpinionLexWork & CareersLife & ArtsHow To Spend ItFinancial TimesSubscribeSign InFT SchoolsManage your delivery channels hereDetails/registration hereMRU’s Econ in the NewsHow much sick pay is too much sick pay?Economists are overly reliant on rulesThe bitter lessons of BrexitAre economists selfish? Not according to MonopolyLuxury car sales plunge as buyers put off by South Korea’s neon green licence platesOutlook. Baseball tries to beat the clock to appeal to younger fansInternet ratings get only three stars from meHow protein rose to the top of the food chainThe ‘lipstick effect’ now has a counterpart in the cake aisleWhy carmakers are falling back in love with petrolApple launches skinny iPhone as it holds prices despite tariff costsUS beef prices extend surge as ranchers face thinnest herds in 70 yearsCopper price hits $10,000 on US tariff fearsEggciting newsWould $50 oil really be good for the US?‘No signs of slowing’: US egg prices soar as avian flu rips across farmsMexico left with 500mn-litre tequila lake after demand slowsOzempic is transforming your gymSoaring olive oil prices hurt sales of ‘liquid gold’ in Mediterranean heartlandCoffee prices set to rise even higher, warns Italian roaster LavazzaOrange juice crisis prompts search for alternative fruitsWall Street turns to ‘solar grazing’ sheep in its push to go greenLegoland and Madame Tussauds owner to roll out surge pricingIntroducing the ‘TSwift Lift’Russia bombs Ukraine grain silos in ‘barbarian’ attack on food suppliesEurope’s airlines clash with Italian premier over planned fare capPepsi revenue declines after US consumers flinch at higher pricesWhy are caps now attached to bottles? Blame the EUDenmark to charge farmers €100 a cow in first carbon tax on agricultureThe hidden cost of your supermarket salmon‘Easier than pensions’: why electric cars are the hot company perkUrsula von der Leyen calls on EU to subsidise defence productionCould a tax curb meat’s health and environmental problems?It is time to fix Britain’s broken tax systemUS businesses and consumers pay 90% of tariff costs, New York Fed saysUK pledges to defend steel industry after EU says it will raise tariffs to 50%Scotch makers toast UK trade deal with IndiaSports shoes’ supply chain is pain point in Trump’s tariff warCarmakers rush to ship vehicles to US ahead of new round of April tariffsHalf of Mexico’s exports to US risk steep tariffsJavier Milei’s next economic mission: affordable air fryersShipowners switch to smaller vessels as world trade reroutes from ChinaThe EU’s impossible choice on trade and tariffsWhy Vietnam risks ending up a big loser from Donald Trump’s tariffsHow national security has transformed economic policyEU to hit Chinese electric cars with tariffs of up to 48%US sharply raises tariffs on Chinese EVs and semiconductor importsAre there any steaks left to be discovered?What the birth of the spreadsheet can teach us about generative AIMartin Wolf: the world economy’s story remains one of integrationThe bitter lessons of BrexitAdam Posen: ‘Russia and North Korea worked hard to be self-sufficient, it has not turned out well for them’‘The Opec of nickel’: Indonesia’s control of a critical metalBrompton profits almost wiped out after lower UK and Europe salesUS seeks Google divestitures including Chrome sale in search monopoly caseMcDonald’s accuses meatpackers of price-fixing in lawsuit over beef costsPrimacy in pickleball could push Asics over the ‘funish’ lineHow hardware is (still) eating the worldWhy United Airlines’ huge bet on Newark airport is not paying off Amazon & the FTCThe environmental cost of AIIt’s up to governments to declutter spaceUK set to push back new recycling scheme amid industry concernsJapan struggles to adapt to an era of rising pricesUS inflation unexpectedly increases to 3% in JanuaryUK house prices rise more than expected in DecemberYoung people are rejecting work. Why?US economy is heading for soft landing, FT survey saysWhat burger flipping tells you about the US economyChocolate lovers given taste of inflation as Freddo frog prices jumpMarkets slash bets on rate cuts after US inflation rises to 3.5%European Central Bank holds interest rates at 4% in contested decisionUS inflation eases to 2.4%, according to Federal Reserve’s target indexUK economy slipped into recession in 2023Companies’ reluctance to roll back price rises poses US inflation riskIs deflation really China’s next big export?China’s deflation worsens as economic pressures mountShould we believe Americans when they say the economy is bad?Global inflation tracker: see how your country compares on rising pricesUK inflation highest for mortgaged householdsUS inflation higher than expected in SeptemberHow the UK’s radical data revisions shattered its economic narrativeJust blaming wage growth for inflation is misleading and dangerous Beyoncé, statistical nightmareArgentina risks hyperinflation after election giveaways and dollar pledgeShares in US credit card issuers slide after Trump calls for 10% rate capThe paradoxical problem with simplifying bank regulationsThe money menders of GazaWhy Argentina is back in love with the peso — for nowJavier Milei’s quest to defuse Argentina’s currency control bombGold stockpiling in New York leads to London shortageThe meaning of the market sell-offDid summer holidays make the market turmoil worse?Former Federal Reserve chiefs attack Department of Justice probe into Jay PowellUS prosecutors launch criminal investigation into Federal Reserve’s Jay PowellLessons for the Fed from my time at the helm of Argentina’s central bankTop Federal Reserve official says market angst over inflation would be ‘red flag’China’s central bank plans policy overhaul as pressure mounts on economyUS Fed will cut interest rates just once this year, say economistsZimbabwe launches ‘gold-backed’ currency to replace collapsing dollarMilei clashes with Argentine province over plans to issue its own currencyCompanies rush to take advantage of sharp drop in borrowing costsFederal Reserve launches real-time payments system in first big upgrade since 1970sUS Treasury’s $1tn borrowing drive set to put banks under strainCash is no longer king in Japan as use of coins drops sharplyIs Norway too rich for its own good?Germany’s ‘whatever it takes’ spending push to end years of stagnationIreland’s luxury problem: what to do with its €8.6bn surplusUS faces Liz Truss-style market shock as debt soars, warns watchdogArgentina’s Javier Milei says he doesn’t need congress to save the economyHow Germany’s ‘debt brake’ broke the budgetEconomist Kate Barker: ‘To tackle inflation we should put taxes up for the better-off’Do central banks really have more gold than US Treasury bonds?Federal Reserve cuts US growth forecast as Trump’s policies weigh on outlookCanada cuts rates as trade war shakes consumer and business confidence‘Neutral’ rate not driving monetary policy, say ECB officialsTrump’s trade war adds to ‘clear decoupling’ on central bank rate cutsJay Powell signals Federal Reserve will revert to quarter-point cut in NovemberECB to rely more on bank lending as it shrinks balance sheetSwitzerland makes surprise cut to interest ratesThe risk of premature central bank celebrations on inflationIs the last mile really the hardest?Economists see Fed keeping rates at 22-year high until at least JulyYes, the US economy looks resilient now — but that may not lastWhen presidents lean on Fed chairs, everybody losesChristine Lagarde: ‘I should have been bolder’Can corporate America cope with its vast debt pile?US Federal Reserve holds interest rates at 22-year highBets against shekel heap pressure on Israeli central bankAdapting to a higher-for-longer worldHigher rates for longer are a good thingECB raises interest rates to all-time highCentral Banks debate: an ‘high for longer’ substitute for rate rises?Interview. John Williams: ‘I don’t have a recession in my forecast. I have pretty slow growth’Life in a depopulating worldCan Europe’s economy ever hope to rival the US again?The weakest links in the global economy are on the mendDeclining fertility rates will transform global economy, report saysArgentines snap up foreign goods as Javier Milei strengthens pesoChina’s leaders sweat over ‘difficult to heat’ economy(Mis)remembering Chile’s military coupIt may not feel like it, but the planet has many reasons to be cheerfulHow is the US economy managing to power ahead of Europe?Nigeria’s economic reforms need to regain momentumObesity drugmaker’s expansion raises dominance worries for DenmarkHow can we defuse the household debt time bomb?Late payments rise on US loans tied to inflated pandemic credit scoresConsumers cut back on credit cards as repayment charges hit record highCopyrightReuse this content (opens in new window)FT SchoolsHelp CentreContact UsAbout UsAccessibilityCareersSuppliersTerms & ConditionsPrivacy PolicyCookie PolicyManage CookiesCopyrightSlavery Statement & PoliciesShare News Tips SecurelyIndividual SubscriptionsProfessional SubscriptionsRepublishingExecutive Job SearchAdvertise with the FTFollow the FT on XFT ChannelsFT SchoolsPortfolioFT AppFT Digital EditionFT EditAlerts HubBusiness School RankingsSubscription ManagerNews feedNewslettersCurrency ConverterFT Live EventsFT ForumsFT Leaders AcademyMore from the FT GroupFT Editorial Code of PracticeUKSubscribe for full accessHomeWorldMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaUSUS EconomyUS CompaniesUS Politics & PolicyCompaniesEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportTechArtificial intelligenceSemiconductorsCyber SecuritySocial MediaMarketsAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingClimateOpinionColumnistsThe FT ViewThe Big ReadLexObituariesLettersLexWork & CareersBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItLife & ArtsArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterPersonal FinanceProperty & MortgagesInvestmentsPensionsTaxBanking & SavingsAdvice & CommentHow To Spend ItSpecial ReportsAlphavilleFT EditLunch with the FTFT Globetrotter#techAsiaMoral MoneyVisual and data journalismNewslettersVideoPodcastsNews feedFT SchoolsFT Live EventsFT ForumsFT Leaders AcademymyFTPortfolioFT Digital EditionCrosswordOur AppsHelp CentreSubscribeSign In
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