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.
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Latest fromFinancial Times
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.
China steps up drive to break grip of Boeing and Airbus on plane market
Financial Times: State-owned Comac opens offices abroad and pushes for certification.
Xi Jinping signals growth is ‘top priority’ in speech acknowledging China’s strains
Financial Times: President uses address to stress support for country’s vulnerable people.
Brand Beckham shareholders score $220m in dividends
Financial Times: Footballer continues to earn healthily from his name.
Mexico left with 500 million-litre tequila lake after demand slows
Financial Times: The post-pandemic thirst for the spirit has faded.
How America First will transform the world in 2025
Financial Times: The US, Russia and China have all become revisionist powers.
Boom in US retail real estate defies prediction of ecommerce apocalypse
Financial Times: Analysts had spoken of a 'retail apocalypse'.
India roars ahead of China to top Asian IPO rankings
Financial Times: Buoyant stock prices spark a boom in initial public offerings.
De Beers amasses biggest diamond stockpile since 2008 financial crisis
Financial Times: Competition from lab-grown alternatives has increased.
Fine wine market in the red as Chinese demand dries up
Financial Times: Prices of top-end Burgundies and vintage Champagnes fall for second year.
The great Guinness shortage has lessons for Diageo
Financial Times: Firms should beware neglecting historic brands for celebrity start-ups.
Microsoft acquires twice as many Nvidia AI chips as tech rivals
Financial Times: Race on as demand outstrips supply of Nvidia’s most advanced units.
US dollar hits two-year high as Fed signals cautious rate cuts
Financial Time: US stocks drop as Fed signals cautious rate cuts; dollar surges.
Wall Street bets Trump will fuel further dollar gains
Financial Times: Trump unlikely to get his wish of a weaker currency, investors say.
Argentina’s economy exits recession in milestone for Javier Milei
Financial Times: GDP expanded in third quarter as long-running crisis begins to ease.
Global mental health crisis hits workplaces
Financial Times: Billions of working days lost to burnout, depression, anxiety each year.
Ruchir Sharma: How ‘the mother of all bubbles’ will pop
Financial Times: It’s time to bet against American exceptionalism.
London Stock Exchange suffers biggest exodus since financial crisis
Financial Times: Allure of New York grows despite planned UK reforms.
Why business should not ape football when it comes to pay
Bosses comparing themselves too readily with sporting heroes might be an own goal.
Opinion: BlackRock’s ringmaster and his private capital lions
Financial Times: Now comes the challenge of keeping them in line.
China Evergrande liquidators put founder’s private jet up for sale
Financial Times: Evergrande had more than US$300b in total liabilities when it defaulted.
Rupert Murdoch loses attempt to overhaul family trust in bitter legal dispute
Financial Times: Attempt to put son Lachlan in charge of news empire rejected.
Scientific breakthrough gives new hope to building quantum computers
Financial Times: Experts compare achievement to first human-made nuclear chain reaction.
Billionaires plan overhaul of US news groups as media confronts trust issue
Financial Times: Overhaul an effort to 'restore trust' in news.
As South Korean investment grows, so do ‘Koreatowns’
Financial Times: Samsung, Hyundai, LG bring Korean culture to unexpected parts of the US.
Donald Trump says he will not remove Jay Powell from Fed before term ends
Financial Times: President-elect also won’t rule out higher inflation from his tariffs.
Rare whisky ‘bubble’ bursts as sales tumble
Financial Times: Value of rare malts sold at auction is down 40% this year.
TikTok fails to halt law that could lead to US ban
Financial Times: App targeted over security concerns but politics may complicate matters.
Billion-dollar squirrel: Trump effect fuels crypto’s ‘memecoin’ boom
Financial Times: Tokens based on online viral moments outpace bitcoin over past month.
‘Could this happen to us?’ UnitedHealth shooting spurs corporate security rethink
Financial Times: Companies rush to reassess protection provided to top executives.
How Elon Musk could bridge US-China divide under Trump
Financial Times: Elon Musk is very pro-China, and always has been.
UK uncovers vast crypto laundering scheme for gangsters and Russian spies
Financial Times: Ring connected cash-rich criminals with sanctions evaders.
Wall Street’s AI-powered rally risks ‘correction’, Vanguard warns
Financial Times: Asset management giant says investors are overplaying their hand.