US Senate widely expected to confirm the 56-year-old financier to replace Jay Powell this week
US president rejects Tehran’s proposal for temporary peace deal ahead of trip to China
FCC chair Brendan Carr cracks down on goods from drones to routers despite trade thaw with Beijing
Republican Senator Josh Hawley introduces legislation after Donald Trump backs move
US president arrives in Beijing on Wednesday for his second in-person meeting with Chinese leader
Oil prices climb again as Washington and Tehran fail to agree terms to end war and reopen Strait of Hormuz
‘Tariff man’ wants to recover from a wounding Supreme Court ruling. But Congress is restive and voters are unhappy
China holds the cards — and might settle for flashy but empty announcements while playing a long game
Conflict affects American businesses and consumers at cost of hundreds of billions of dollars in lost output
Supreme Court ruling has deepened an already ugly battle over gerrymandering
Fixing it will require much more than the new farm bill can deliver
Plus, the ‘buy Europe’ trade
Currency weakens after US Treasury secretary meets finance minister Satsuki Katayama
The move is a value play for the hamburger chain whose shares have slid 70% in the past 5 years
Selling the same thing to different people at a different price sounds unfair, but it needn’t be bad news for consumers
Exxon and Shell among those resuming Arctic exploration in Trump’s ‘drill, baby, drill’ era
In-house MeshClaw tool enables employees to delegate jobs to AI agents and climb company’s AI leaderboard
Bankers had been on pace for $1bn in deal fees for the first time in almost 20 years. Now, they’re waiting for peace.
Microsoft chief explains his decision to back AI lab’s boss in 2023 coup attempt during testimony in Elon Musk’s lawsuit
Volatile markets fuelled by Iran war help to propel proprietary trading firm
Current liquidation and prior restructuring procedure have cost more than $110mn combined
Acquisition of Recognition’s catalogue hands over 45,000 songs, including Leonard Cohen’s ‘Hallelujah’
Proposals for FDI from China into the US have been delayed and scaled down thanks to White House actions
Plus, how to protect central bank independence
Chamber of Commerce says west is running out of time to sever its growing reliance on Chinese supply chain
Trading desks at BP, Shell and TotalEnergies outshine US rivals
Father-son duo sell 15% of Matchroom, which has been propelled by stars such as Anthony Joshua and Luke Littler
What happens if Washington pulls the ‘kill switch’ on digital services?
GLP-1s and a backlash against woke attitudes have dented the body positivity movement. Who stands to gain from it?
Data shows deflationary pressures are easing in world’s second-largest economy
Beijing could turn instability in the Middle East into a strategic gain
Bond giant and Franklin Templeton warn in interviews with FT against cuts in borrowing costs
Market Questions is the FT’s guide to the week ahead
Deal advice has evolved into a huge legal business but leaves firms vulnerable to misuse of confidential information
The city’s wealthy property owners say they are sick of being vilified
Think-tank network that has prospered under Donald Trump has close operational ties to secretive Catholic group
