Finance

A year of internal disorder, fluctuating priorities and colossal spending at Meta has rattled insiders and investors

Stay informed with free updates Simply sign up to the US banks myFT Digest — delivered directly to your inbox. JPMorgan Chase has withdrawn almost $350bn in cash from its account at the Federal Reserve since 2023 and ploughed much of it into US government debt, as the bank tries to defend itself against rate … Read more

Investors including Accel and Iconiq are also pressing for greater board representation for shareholders

Outsourcing this infrastructure to space comes with a host of problems

Stay informed with free updates Simply sign up to the UK inflation myFT Digest — delivered directly to your inbox. UK inflation fell more than expected to 3.2 per cent in November, strengthening the case for the Bank of England to cut interest rates at its meeting on Thursday. Wednesday’s figure from the Office for … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Germany’s parliament is set to agree to more than €50bn in military purchases on Wednesday, rounding off a bumper year as the EU’s largest nation ploughs ahead with a vast rearmament. Members of the Bundestag’s … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prime Minister Sir Keir Starmer has asked military chiefs to rework aspects of the defence investment plan that will map out the spending necessary for the biggest overhaul of the UK armed forces in a … Read more

While markets were buoyant this year, volatility is never far away

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amazon is in talks to invest more than $10bn in OpenAI and sell it more chips and computing power, in the latest investment deal tying the AI start-up to its infrastructure providers. Amazon is discussing … Read more

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Private equity-owned medical supply group Medline Industries raised $6.3bn in an upsized share sale on Tuesday, drawing robust investor interest in the biggest IPO of 2025. The group floated its shares at $29 each, towards … Read more