How the US used propaganda to fund World War One | The Story of Money
During the First World War, the US government needed to raise enormous amounts of money - so it turned to Hollywood
Brussels pleads with EU capitals not to slash the bloc’s next shared budget
Also in this newsletter: what does ‘Made in Europe’ really mean?
Who’d be betting against Webuild, the builder that built Italy?
Treni, porti, politica, ma nessun ponte
FirstFT: Brussels explores broad levy targeting revenue from US tech
Also in today’s newsletter: Man City’s tax probe and ‘danger money’ for ship captains
Transcript: How the US financed World War I using Charlie Chaplin and Girl Scouts
Gillian Tett and Robin Wigglesworth talk about Liberty bonds
Transcript: Skydance’s debt pile takes the spotlight
Marc Filippino speaks to Eric Platt, Alice Hancock and Krishn Kaushik
The Story of Money with Gillian Tett and Robin Wigglesworth
They say money makes the world go round, but was it always this way? Join Gillian Tett and Robin Wigglesworth on The Story of Money as they revisit the pivotal moments when money shaped history.
Germany’s spies face a fresh scandal
The BND intelligence agency had been seeking a return to the top table. Then prosecutors accused its ex-chief of treachery
Private equity’s future after the boom and bust
The mood in the $22tn private capital industry was captured on Tuesday at the FT’s Private Capital Summit
How tribology makes the economic world go round
The science of friction and wear plays a central role in making industry run more smoothly
If supermarket M&A is back, Sainsbury’s is in a sweet spot
Consolidation makes sense because there are too many stores chasing a market where demand is not growing
HMRC opened probe into Man City’s tax affairs in 2018
Investigation into whether English football club was underpaying tax began after its internal emails were leaked
Robust AI spending sets investors up for another bumper US earnings season
S&P 500 earnings are forecast to rise 27% against a backdrop of stock market highs and elevated longer-term borrowing costs
Bank mergers arrive in Europe with a whimper rather than a bang
More banking consolidation requires things that don’t yet exist, such as harmonised regulation and acquiescent local politicians
Greens braced for loss in Keir Starmer’s old seat in London
Bookmakers put Labour ahead in Holborn and St Pancras, which Zack Polanski said his party was ready to win a month ago
HSBC plans sweeping job cuts across UK wealth business in AI push
Bank is consulting with staff on reductions in roles affecting managers, specialists and financial advisers
Blue Owl to launch ‘big push’ into insurance
Group at centre of recent private credit turmoil says it is ‘not managing enough capital’
Chemical groups succeed in watering down EU pesticide rules
European Commission and leading MEPs side with industry demands for laxer standards
How AI tempts the lazy mind
The real risk of generative artificial intelligence is not that we will trust it completely, but that we will stop caring enough to check
San Francisco’s newest exhibition curator? K-pop superstar RM
The BTS leader brings gems from his vast visual art collection to SFMOMA for ‘Between You and Me’
Can I appoint a guardian to look after my children if I die?
I do not believe it would be in their best interests to be cared for by their father
Brussels looks to capture Big Tech through tax on large corporations
European Commission considers a broad levy on all large companies to avoid singling out US digital services groups
Russian hostile activity costs UK up to £2.5bn a year, report warns
Labour MP Graeme Downie’s research highlights lack of consistent framework for measuring economic impact of Moscow-backed hybrid warfare
African governments launch rating agency to challenge global ‘big three’
AfCRA aims to end ‘Africa premium’ that policymakers say has been imposed by Moody’s, S&P Global and Fitch Ratings