TikTok music fight, Fed caution and Trump’s i...

Iran closes the Strait of Hormuz as fighting flares in Lebanon. The U.S. team seals its place in the knockout rounds of the World Cup with a 2-0 win over Australia. Giorgia Meloni accuses Donald Trump of fabricating a story about her. And China may overtake France as the biggest ...  Show more

Vice President JD Vance warns Israel the U.S. is its last ally, as he pulls out of a trip to Switzerland for Iran peace talks. Republicans tear apart President Donald Trump’s Iran deal. Ukraine brings the war to Moscow in its most significant strike yet. New York finally gets its ...  Show more

Central banks in Europe and the US left borrowing costs untouched this week. But the latter went a step further and unexpectedly promised cuts. In this Viewsroom podcast, Breakingviews columnists explain how ratesetters, who were slow to tackle inflation, could be laggards again. ...  Show more

Hedge funds have cut their bets on a rising US stock market to the lowest level in at least a decade and pivoted to Europe, a top US banking regulator has announced tougher capital rules for a broader range of lenders, and Dutch PM Mark Rutte is quitting politics after the col ...

The Federal Reserve has lifted its benchmark interest rate by a quarter of a percentage point, Europe’s largest energy traders have called on central banks for help to avert a cash crunch, and the FT’s Tom Mitchell discusses the rising cost of Beijing’s loyalty to Moscow.  ...

EU leaders prepare to meet in Versailles today for a summit aimed at a unified response to the war in Ukraine, and Citigroup is having a hard time selling its retail bank in Russia. Plus, the FT’s Paris bureau chief Victor Mallet explains how the Ukraine war is boosting Emmanu ...