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

Tensions flare as the U.S. seizes an Iranian cargo ship, threatening a fragile ceasefire. Elon Musk has scorned “shady” loopholes, but offshore tax tricks likely saved Tesla hundreds of millions of dollars. Companies scramble to claw back cash using the tariff refund system. And ...  Show more

U.S. President Donald Trump accuses Iran of a "total violation" of the ceasefire, threatens to wipe out Iran's bridges and power plants, and says his envoys will arrive in Pakistan on Monday for more talks. Bulgarians head to the polls with a pro-Russia candidate leading the race ...  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 ...