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Accessibility helpSign InSubscribeFinancial TimesSubscribeSign InHomeWorldWorld HomeMiddle East warGlobal EconomyUKUSChinaAfricaAsia PacificEmerging MarketsEuropeWar in UkraineAmericasMiddle East & North AfricaTrump’s Venezuela strategy has failed in IranKharg Island: Iran’s oil lifeline that Trump has left untouchedWhich economies will pay the biggest price for the Iran war?Farage misses out on Trump meeting as their relationship coolsG7 discuss joint release of emergency oil reservesUSUS HomeUS EconomyUS CompaniesUS Politics & PolicyTrump’s Venezuela strategy has failed in IranKharg Island: Iran’s oil lifeline that Trump has left untouchedWhich economies will pay the biggest price for the Iran war?Farage misses out on Trump meeting as their relationship coolsIran war will leave a complex geoeconomic legacyCompaniesCompanies HomeEnergyFinancialsHealthIndustrialsMediaProfessional ServicesRetail & ConsumerTech SectorTelecomsTransportKharg Island: Iran’s oil lifeline that Trump has left untouchedWhich economies will pay the biggest price for the Iran war?G7 discuss joint release of emergency oil reservesEx-EY executive launches private equity-backed tax firm to challenge Big FourSheryl Sandberg and Nick Clegg join Nvidia-backed AI start-up NscaleTechTech HomeArtificial intelligenceSemiconductorsCyber SecuritySocial MediaSheryl Sandberg and Nick Clegg join Nvidia-backed AI start-up NscaleAnthropic sues Pentagon claiming supply chain risk label could cost billions in revenueKKR eyes multibillion-dollar sale of data centre cooling companyMicrosoft adds Anthropic AI models to its Copilot workplace toolsDarktrace names third chief in 18 months amid US expansion driveMarketsMarkets HomeAlphavilleMarkets DataCryptoCapital MarketsCommoditiesCurrenciesEquitiesMonetary Policy RadarWealth ManagementMoral MoneyETF HubFund ManagementTradingKharg Island: Iran’s oil lifeline that Trump has left untouchedWhich economies will pay the biggest price for the Iran war?G7 discuss joint release of emergency oil reservesIran war will leave a complex geoeconomic legacyPimco sticks with bet on gilts despite market slumpClimateOpinionOpinion HomeColumnistsThe FT ViewThe Big ReadLexObituariesLettersTrump’s Venezuela strategy has failed in IranIran war will leave a complex geoeconomic legacyAmerica chose this war — and must now choose how to end itStagflationary forces are buildingWhy it’s time to end the grim march of the touchscreenLexWork & CareersWork & Careers HomeBusiness School RankingsBusiness EducationEurope's Start-Up HubsEntrepreneurshipRecruitmentBusiness BooksBusiness TravelWorking ItWhy it’s time to end the grim march of the touchscreenYou can turn this to your advantage if every news story has ‘tax exile’ in itBusiness school professors’ picksLife & ArtsLife & Arts HomeArtsBooksFood & DrinkFT MagazineHouse & HomeStylePuzzlesTravelFT GlobetrotterHow to wear a tie: HTSI’s definitive guideThe new food fad sweeping KoreaWine storage is emerging from the cellarFlip it and reverse it: the enduring fun of Jaeger-LeCoultre’s Reverso ‘Match of the century’ referee Lothar Schmid’s chess library up for auctionHow To Spend ItHomeWorldUSCompaniesTechMarketsClimateOpinionLexWork & CareersLife & ArtsHow To Spend ItFinancial TimesSubscribeSign InUK taxTax ‘cliff edges’ remove incentive to work, save and invest, say finance expertsEffective marginal tax rates discourage higher earners from pursuing career advancementInside PoliticsEconomic history suggests welfare reform will take a whileHigh-impact decisions of the Thatcher and Major eras show policies need time to bear fruitTravel & leisure industryCan the Gulf still act as an airline hub for the world?All regular flights at the three hubs of Dubai, Abu Dhabi and Doha remain suspendedMiddle East warStrait of Hormuz disruption threatens Middle East food importsUAE and Iran have urged citizens to avoid stockpilingChinese politics & policyChina’s elite pushes for overtime curbs and public holiday to tackle low birth rateDelegates pitch cash handouts to country’s 1.4bn people as Communist party leaders gather in BeijingDisease control and preventionNew single-pill HIV therapy promises boost for long-term virus survivorsSolo tablet worked well for patients who were older and in many cases resistant to existing treatmentsUK government spendingSchools budget to get £3.5bn top-up for special needs education in EnglandBridget Phillipson unveils plan to improve Send provision, promising more money alongside contentious reformsHealthcareWe must change our conception of palliative careThe NHS is ill-equipped to deal with the needs of a growing and ageing populationSarah HolmesSocial affairsParents to lose free choice of schools under special needs education reformsTheir ability to challenge amount of support their child receives will also be curbed as government overhauls system in EnglandGlobal EconomyThe FT View. Europe’s resurgent peripheral economiesFiscal discipline and structural reforms are paying offThe editorial boardMental health‘Tetris’-based therapy shown to help PTSD sufferers relieve symptomsStudy found computer game benefited more than two-thirds of health workers traumatised during pandemicUK universitiesUCL students win £21mn over Covid disruption in watershed UK settlementMove involving 6,500 claimants is set to put pressure on other universities to compensate graduatesScienceBrain drain is undermining America’s scientific edgePolicy decisions grounded in Maga talking points are helping to fuel a PhD exodus from governmentAnjana AhujaUK employmentThe FT View. Labour’s own goals on jobsRaising payroll taxes and the minimum wage has hurt young workersThe editorial boardUS economyThis time really could be different on jobsThree catalysts are driving an intensifying divergence between a cooling US labour market and strong GDP growthMohamed El-ErianCSL LtdWorld’s largest plasma business seeks new blood as CEO departsAustralia’s CSL pledges to ‘deeply examine’ what has gone wrong at former stock market darlingDrugs researchLabels on statins overstate side effects, study findsMany listed adverse reactions of widely used medicine to reduce cholesterol are not supported by evidence, it saysDisease control and preventionAirport screening won’t stop the next pandemicAn outbreak of the Nipah virus near Kolkata is a reminder that hospital containment matters more than thermal scanningAnnie SparrowPharmaceuticals sectorPfizer shares dip as vaccines continue to weigh on salesPharmaceutical company’s stock price move diverges from rival Merck as both groups bolster new treatment pipelinesAI and jobsUBI fans must remember a job is about more than the moneyThe value of work often gets left out of discussions about AIStephen BushFederal ReserveFT Alphaville. An oral history of the Fed’s Covid-19 crisisWe read a bajillion pages of transcripts so you don’t have to (unless you really want to, of course)Life & ArtsHow economies forgetFrom Nasa’s shuttle programme to Polaroid film, societies can lose capabilities as well as gain them. Why they are so hard to get back?US employmentBig US companies set to lay off at least 52,000 workers as jobs market coolsEmployers look to cut down on costs as they accelerate investments in AIUK employmentThe employees secretly working a four-day weekSome businesses have adopted it as policy while many employees are embracing a more casual attitude to working on FridaysUK employmentCompanies urged to bypass ‘fit note’ system with health plans for sick staffInitiative aims to create national standards of support that help employees and reduce long-term absenceCovid-19 vaccinesCovid-19 vaccine tracker: Lowest-income countries lag further behind rest of the worldCoronavirus: free to readCoronavirus tracker: the latest figures as countries fight the Covid-19 resurgenceCoronavirus economic impactExplainer. 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