Latest fromFinancial Times

Buying frenzy for ETFs after Trump's win
Morningstar data shows globally traded ETF flows hit a record US$1.5 trillion in 2024.

American Express to pay $410m to resolve deceptive marketing allegations
Financial Times: US says Amex misrepresented some tax benefits, card rewards and fees.

Wall Street posts biggest rally since Donald Trump’s election victory
Financial Times: Easing underlying US inflation and strong bank earnings boost equities.

Falling birth rates raise prospect of sharp decline in living standards
Financial Times: Warnings people must produce more and work longer to plug growth gap.

Qantas delays flights to avoid SpaceX rocket parts
Financial Times: Airline warned by US about risk of debris re-entering atmosphere.

Meta’s ‘free speech’ overhaul sparks advertisers’ concern; Zuckerberg calls for more ‘masculine energy’
Financial Times: Zuckerberg escalates push to curry favour with Trump.

Los Angeles braces for ‘explosive fire growth’ as high winds near
Financial Times: Claims utility group equipment to blame for igniting one of the blazes.

Los Angeles fires could be costliest disaster in US history, says Governor
Financial Times: Fire damage could cost more than a quarter of a trillion dollars.

Logistics groups move Chinese staff to help companies tackle Sino-US trade tensions
Financial Times: Firms redeploy Mandarin speakers to help manufacturers set up overseas.

Los Angeles wildfires: Insurers brace for losses of up to $36b
Financial Times: Disaster analysts double estimates as blazes keep raging.

BlackRock quits climate change group in latest green climbdown
Financial Times: The world’s largest money manager bails out of a climate change group.

The rise of nuclear-powered batteries
Financial Times: Companies vie to create small plants for data centres to oil platforms.

The ‘Anti-Elon Tesla Club’: Musk’s politics gives some owners second thoughts
Financial Times: “Owning a Tesla feels like wearing a Maga hat".

Elon Musk calls on states to force auction of OpenAI stake
Latest salvo in legal battle over ChatGPT-maker’s restructuring as a for-profit company.

Javier Milei’s next economic mission: affordable air fryers
Financial Times: Libertarian leader scraps tariffs to break open protectionist economy.

John Plender: Where the next financial crisis could emerge
Financial Times: The rise and rise of private credit brings systemic risks

Elon Musk calls for Nigel Farage to be replaced as Reform party leader
Financial Times: Surprise split comes after two men disagreed over jailed activist.

Shares fall after US surgeon-general calls for cancer warnings for liquor
Surgeon-general calls for more prominent warning labels, shares tumble in drinks makers.

Donald Trump’s ‘Maganomics’ will damage growth, economists tell FT polls
Financial Times: Most surveyed claim a protectionist shift will overshadow other policies.

Janan Ganesh: Things have to get worse to get better
Financial Times: Voters can’t be sold on change until their nation is in acute trouble.

Mining start-up backed by Bill Gates and Jeff Bezos valued at US$2.96b
Financial Times: KoBold Metals aims to lead race for critical minerals needed for energy.