The Muskverse enters a new era

France has adopted a deficit-cutting budget for 2026 after months of political wrangling, and the FT’s Christopher Grimes tells us about the front runner to be Disney’s next CEO. Plus, US President Donald Trump said he had struck a trade deal with India, and Société Générale is E ...  Show more

Europe’s largest oil companies are poised to curb share buybacks, and Kevin Warsh’s nomination to Fed chair could spark a rethink of how America’s central bank works. Plus, consumer giants deal with backlash over contaminated baby formula. And, a rollercoaster in precious metals ...  Show more

The countdown is on: Chancellor Rachel Reeves has just six weeks to finalise her Autumn Budget before the November 26 deadline. This week, she was in Washington DC for the annual meeting of the IMF, where she hinted at tax rises for the rich, while pinning some blame for Britain’ ...  Show more

US stocks edge higher as Wall Street extends its record run despite the government shutdown entering day three. Economic data remains frozen, with the September jobs report delayed, but investors continue to ride the AI wave as Nvidia (NVDA) and OpenAI unveil new partnerships. Pr ...  Show more

Austan Goolsbee, president of the Federal Reserve Bank of Chicago and a voter on the Fed’s interest rate-setting committee, speaks to the FT’s economics commentator Chris Giles about the outlook for the US economy amid a boom in AI investment, sluggish hiring, President Donald Tr ...  Show more

As the prime minister prepares for his annual party conference, the mayor for Greater Manchester, Andy Burnham, seems to be mounting a thinly veiled bid for the Labour leadership. In numerous interviews given to the media this past week, Burnham said he had been privately urged b ...  Show more