Finance

The US president has an uncanny ability to spot the faultlines in the old order and manipulate them to his advantage

Investment bankers embrace ‘intense’ pitching as groups in defence, tech and wider economy prepare to go public

A network of ordinary people is trying to hold officers involved in Donald Trump’s sweeping Minnesota crackdown to account

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The price of gold has passed $5,000 for the first time as investors flock to the haven asset amid rising geopolitical tensions and mounting concerns over fiscal spending in developed economies. Gold rose as much … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The yen surged to a two-month high against the US dollar on Monday, sparking speculation that Japanese authorities were intervening directly in the market to support the currency. The yen gained around 1.1 per cent … Read more

After often struggling to form an effective opposition to Donald Trump, Democrats this weekend found an issue on which they could unite — threatening to shut the government over the US president’s immigration crackdown. Senators have been loath to risk another costly government closure, fearing a backlash if thousands of federal workers were furloughed and … Read more

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Protests spread across the US despite freezing conditions after a second person was killed by federal agents in the city of Minneapolis, which has become a flashpoint in Donald Trump’s tough immigration crackdown. … Read more

The city of Minneapolis was already on edge after the killing of a 37-year-old woman by a federal immigration agent earlier this month. Then, on Saturday, came the news many had been dreading. Another shooting. And another US civilian dead. Alex Pretti, an intensive care nurse who was also 37, died of multiple gunshot wounds … Read more

This article is an on-site version of the Free Lunch newsletter. Premium subscribers can sign up here to get the newsletter delivered every Thursday and Sunday. Standard subscribers can upgrade to Premium here, or explore all FT newsletters Welcome back. The White House has been busy trumpeting the first 12 months of its “America First” … Read more

China’s military has accused its top general of undermining the command authority of Xi Jinping, suggesting that ensuring the powers of the Chinese leader is behind a probe of Zhang Youxia announced on Saturday, rather than just charges of corruption. Zhang, vice chair of the Central Military Commission, and Liu Zhenli, another CMC member and … Read more