At times like these, it’s worth remembering just how bad Kwasi Kwarteng was as chancellor
Sentencing concludes historic first criminal trial of a former US president as he prepares for White House comeback
After a plague of overcapacity and falling prices, there are signs the sector may be approaching a bottom
Groups including Sainsbury’s, Next and M&S warn of higher prices and weaker demand as costs and inflation rise
Lucy and the team on the FT scoop that Musk is seeking to oust Starmer
History has a funny way of casting new light on events
CFPB proposes to put digital wallets under same standard as bank accounts
Bonds steady after sell-off that threatens to wipe out room for extra borrowing under Labour’s budget rules
Why is it so difficult to transfer your retirement savings to a new provider?
New data shows the shape of child sexual abuse after Elon Musk highlights decades-old scandal
Home of Hollywood struggles to cope after thousands of homes and businesses are destroyed
Trump’s return to the White House augurs the ‘apokálypsis’ of the ancien regime’s secrets
The former Scottish first minister on SNP scandals, falling out with Alex Salmond — and why pressure for a new referendum will return
US president-elect says meeting being set up, emphasising a push to end war in Ukraine
California’s wildfire fund could face a test
Insurance companies have refused to renew policies for hundreds of thousands of homes in recent years
America’s grip on global financial services could provide Trump with another source of leverage
Also in today’s newsletter, the resurrection of Andersen Consulting, and hiding savings from a significant other
As birth rates fall in Asia, companies focus on nostalgic toys for young adults
Rising cost of borrowing piles pressure on UK fiscal rules and government’s promises, but politics make cuts complicated
Impeached president has barricaded himself behind personal security unit to avoid arrest as police plot next move
Real estate company reveals winding-up request filed in Hong Kong
Plus: what’s the point of stablecoins?
Also in this newsletter: Will Slovakia really cut off electricity supplies to Ukraine?
Firefighters make some progress in Hollywood Hills after new blaze puts show business sites at risk
