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. In the past few years, the global economy has been battered by a succession of … Read more
Bitcoin’s slide through $65,000 and toward $60,000 felt like a stress test the market had been postponing. The move was sharp enough to force a reset in positioning, and broad enough to pull the conversation away from single-catalyst explanations. Even mainstream media described the week as Bitcoin’s worst weekly performance since late 2022, with price briefly … Read more
Lindsey Vonn‘s Olympic dream is in tatters after she crashed out of the Women’s Downhill final. The 41-year-old Team USA skiing legend had taken a huge risk competing just days after announcing she had suffered an ACL rupture on her knee. However, the legendary Olympian crashed near the top of the Olympia delle Tofane course … Read more
Jack Dorsey’s payments company Block Inc. has begun informing hundreds of employees that their roles could be eliminated during annual performance reviews, as the firm undertakes a wider restructuring effort. As much as 10% of Block’s workforce may be affected, Bloomberg reported on Sunday, citing people familiar with the matter. The company employed just under … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sanae Takaichi is on track to secure a crushing victory in Japan’s snap general election as voting closes on Sunday. Exit polls project that the prime minister’s ruling Liberal Democratic Party and its coalition partner, … Read more
Matthew Stockman/Kevin Sabitus/Getty Images Every day, TVLine’s What to Watch column spotlights new and returning English-language shows (and select movies) premiering or airing fresh episodes across broadcast, cable and streaming — organized below by release time and alphabetically within each slot. On TV this Sunday: The Patriots and … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Top academics have dismissed Kevin Warsh’s claim that an AI-induced productivity boom will create room for interest rate cuts, according to a snap FT economists’ poll that highlights the challenges facing Donald Trump’s pick for … Read more
Exclusivity, like any product, gets more valuable the more people want it; it is both the cruellest and the most honest thing that a restaurant can sell. The Eighty-Six, a mega-swank steak house that opened in the West Village last fall, was, from Day One, clubby, celeb-packed, and impossible to get into—no surprise, as it’s … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Foreign Office is reviewing a payout of up to £40,000 to Lord Peter Mandelson after he was sacked as UK ambassador to the US last year, as the scandal over the peer’s links to … Read more
Cathie Wood’s ARK Invest continued reducing its exposure to crypto exchange Coinbase on Friday, unloading $22 million worth of shares across multiple exchange-traded funds (ETFs) while adding to its position in digital asset platform Bullish. According to ARK’s trade disclosures, the firm sold 92,737 Coinbase Global shares from the ARK Innovation ETF (ARKK), 32,790 shares … Read more