IMF urges US to change course on economic policy

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world The IMF has taken aim at the Trump administration’s economic policies, attacking US tariffs and warning that the role of the country’s statisticians, supervisors and tax collectors needs to be respected. The fund said … Read more

Iran to offer ‘commercial bonanza’ to US companies

Iran is aiming to tempt Donald Trump with financial incentives, including investments in its vast oil and gas reserves, as part of efforts to convince the US president to agree a deal on its nuclear programme and avoid war. One person familiar with the matter described the prospect of a “commercial bonanza”, with Tehran seeking … Read more

UK investors unable to put crypto products in Isas from April

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK investors will be unable to buy cryptocurrency for their Isa from the start of the new tax year, in spite of chancellor Rachel Reeves’ pledge to make the UK “a world-leader in digital assets”. … Read more

Salesforce issues soft outlook amid concerns about AI’s threat to software

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Salesforce issued weaker than expected guidance for the coming year, doing little to allay investor concerns that AI start-ups will disrupt the software giant’s business model. The group said on Wednesday that its full-year revenue … Read more

Nvidia posts first $200bn year on back of AI investment boom

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Nvidia gave a strong growth forecast on Wednesday as Big Tech’s AI investment spree propelled the world’s most valuable company past $200bn in annual revenue for the first time. The semiconductor behemoth said it expects … Read more

The Bank of England does not need to ‘follow the Fed’

Stay informed with free updates Simply sign up to the Central banks myFT Digest — delivered directly to your inbox. The writer is an external member of the Bank of England’s Monetary Policy Committee Major central banks have tended to move in lockstep over the past few decades in the face of big, global shocks … Read more

Democrats probe missing files alleging Trump link to Epstein

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Democratic lawmakers in Congress have launched an investigation into allegations that the US Department of Justice withheld files from the Jeffrey Epstein investigation in which a minor accused Donald Trump of sexual abuse. … Read more

Lawrence Summers to step down from Harvard teaching role

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lawrence Summers has announced he will retire from teaching at Harvard University, as the former US Treasury secretary continues to retreat from public roles following revelations of his ties to late sex offender Jeffrey Epstein. … Read more

UK business secretary urges EU to stop ‘putting up barriers’

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK business secretary Peter Kyle has urged the EU to stop “putting up barriers” with its allies, as he attempts to secure British access to the bloc’s “Made in Europe” initiative. Almost 10 years after … Read more

Keir Starmer promises to look at making student loans system ‘fairer’

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer has promised to look at making Britain’s student loans “fairer” as Labour MPs condemned a “rip-off” system for younger people. The prime minister described the student loan system as “broken” on Wednesday … Read more