Maybe it is a healthy correction
Plus the flat dollar
FTAV’s further reading
Picking stocks; institutional landlords; Canada; Nick Leeson; restaurant productivity; Substack; The Beatles; and a coup
The fall of a trading titan
Plus, market turmoil hits hedge funds, gold price reaches a record high, and Women in Revolt at The Whitworth gallery
Why EU capitals are still arguing over more military aid to Ukraine
Also in this newsletter: why businesses want greater European tech independence
FirstFT: Investors make sanctions-proof bets on Russia as Trump seeks rapprochement
Also in today’s newsletter, Netanyahu plans to sack Shin Bet chief and the end of Europe’s ‘peace dividend’
Trump plans Tuesday talks with Putin on Russia-Ukraine war
US president says ‘a lot of work’ has been done over weekend towards ceasefire deal
The best of TV and streaming this week
Stephen Graham’s ★★★★★ crime drama ‘Adolescence’; Michael Jackson’s accusers fight for a jury trial in ‘Leaving Neverland 2’; two hustlers pull off a daring drug heist in ‘Dope Thief’; Tamara Lawrance stars in gritty drama ‘Get Millie Black’ by Marlon James; ‘A Cruel Love: The Ruth Ellis Story’ revi
Why the baguette-cut diamond is baking hot again
The classic rectangular gem has gone from support act to star of contemporary jewellery
The welfare dilemma: how to help 3.5mn people trapped on health-linked benefits?
As costs spiral, ministers search for ways to get people with medical problems into work
UK deregulation frees space ‘for bolder reforms’, says top bank lobbyist
David Postings tells FT he has been ‘working closely’ with Treasury on measures aimed at boosting growth
Swedish companies join forces to steer children away from gang crime
Dozens of big businesses from Ikea to Spotify back youth job initiatives as country grapples with epidemic of violence
What should Reeves and Starmer say and do next?
The government needs to view the hard times coming upon us as an opportunity, as well as a crisis
Michelle Obama and her brother struggle to muster opinions in bland new podcast IMO
The former first lady teams up with her elder sibling Craig Robinson in a series about . . . well, what?
Transcript: Saudi Arabia puts outside consultants on notice
Kasia Broussalian talks to Leslie Hook and Chloe Cornish
US listings often fail to boost European companies’ valuations
FT analysis finds that while liquidity usually improves, adding a New York listing does not always boost multiples or coverage
The end of Europe’s ‘peace dividend’
Defence spending at 3.5% of GDP would have cost EU an extra nearly $390bn a year since end of Cold War
Trump’s tariff volatility complicates Fed’s rate messaging
US central bank risks relying too much on backward-looking data, economists warn
Transcript: Why do companies make terrible decisions? With Dan Davies
Andrew Hill talks to economist Dan Davies
Obsessed with: London’s whole roast chicken craze
It’s the hottest dish in town. Here’s where everyone’s flocking to find the tastiest and most succulent takes
Eight gripping new crime stories — from a fantasy whodunnit to Franco-Nordic noir
Plus the latest Anthony Horowitz mystery; paranoia in revolutionary Kyiv; and a Hamptons holiday gone horribly wrong
What would Grayson Perry steal from the Wallace Collection?
The artist on staging a playful response to London’s Wallace Collection — and an imaginary raid of its contents
How Jack Ma’s pivot to AI rehabilitated Alibaba
The Chinese tech giant is establishing a lead in a fiercely competitive sector, and its billionaire founder is back in favour
Maritime regulator says ‘fight fire with fire’ and levy China ships at US ports
Federal Maritime Commission chair says taxes on Chinese vessels docking in US should be used to create domestic champions
AI won’t fix the real issue with customer service
The priority should be to enhance human connection, not replace it