International travel to the US has plunged in the first year of Donald Trump’s second term, as the president has overseen a dramatic expansion of immigration enforcement, mounting scrutiny at the border and global tariffs. The number of foreign visitors who travelled to the US in 2025 fell 4.2 per cent — the first annual … 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 Ken Griffin, the billionaire founder of hedge fund Citadel, is often viewed as a market maverick. This week, however, he turned politically contrarian too. Speaking in West Palm Beach, he complained that US President … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Toyota Motor has appointed chief financial officer Kenta Kon to take over from Koji Sato as chief executive of the world’s largest automaker as it navigates global trade disruption and rising competition from China’s electric … Read more
Big Tech stocks sold off heavily after unveiling plans to spend $660bn this year on AI, as investors fret that the “breathtaking” capital expenditures are outpacing the earnings potential of the new technology. Amazon, Google and Microsoft are set to lose a combined $900bn in market value since filing their quarterly earnings over the past … 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 The US state department is set to fund Maga-aligned think-tanks and charities across Europe to disseminate Washington’s policy positions and challenge perceived threats to free speech. Senior state department official Sarah Rogers travelled … Read more
Stay informed with free updates Simply sign up to the UK tax myFT Digest — delivered directly to your inbox. Millions more workers than previously thought are set to be hit by Rachel Reeves’ plan to cap the tax benefits of salary sacrifice pension schemes as companies are likely to lower wages, according to analysis … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Amazon shares slumped 10 per cent on Thursday after it announced plans to spend $200bn on capital expenditure in 2026, roughly a third more than Wall Street had forecast, as it increases its bet on … 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 Donald Trump has called for a new, “modernised” nuclear arms control treaty between Washington and Moscow, instead of extending the expired New Start agreement. “Rather than extend “NEW START” (A badly negotiated deal … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer tried to pacify mutinous MPs on Thursday by hosting them at his Chequers country retreat in the latest of a series of gatherings for Labour backbenchers. “At the last two events the … Read more
Stay informed with free updates Simply sign up to the Artificial intelligence myFT Digest — delivered directly to your inbox. Anthropic has launched a powerful new AI model aimed at businesses, pressing its advantage in enterprise software at a time when the start-up’s technology has rattled markets. The San Francisco-based group on Thursday unveiled Claude … Read more