Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects you
US prices are from Mars and the Eurozone’s are from Venus — or maybe not
Japanese company’s $14.9bn proposed purchase of US Steel sparked bipartisan political backlash
There’s always bad news somewhere
Swedish central bank governor Erik Thedéen fuels debate on continent’s struggle to boost competitiveness
The president’s focus on tackling climate change has upset US producers, who are instead funding Trump
Resilience of global economy, higher commodity prices and support from IMF help drive returns for lower-rated bonds
After decades of shunning alliances, New Delhi is rethinking how to project power on the high seas
Washington has already held up one bomb shipment over ongoing disagreements with Benjamin Netanyahu
Marjorie Taylor Greene booed as she fails in campaign that has consumed Republicans in Congress
A human-free utopia is disrupted by revolution in the rebooted franchise’s fourth instalment
Also in this newsletter: UK expels Russian defence attaché for spying, Toyota profits drop 20%, regulatory costs hit Uber
CEO Lachlan Murdoch ‘extremely confident’ campaigns funds will flow to local television stations
Move marks Biden administration’s latest effort to target Chinese tech sector
For Biden, Israel’s war on Hamas is a serious drain
Higher interest rates and inflation undercut allure of tax-advantaged Opportunity Zones
The economist on the mis-steps of the Fed over interest rates and the markets
Investors raise short positions to 16-month high as conviction grows that UK borrowing costs will fall ahead of US
FDIC chair Gruenberg faces fresh calls to quit after being singled out as an angry boss who lacks trust to lead change
Aileen Cannon says it would be ‘imprudent’ for Florida court to proceed with planned May 20 start date
Adult film actress describes 2006 hotel room meeting that is at centre of ‘hush money’ case
Lawsuit including parent company ByteDance claims legislation would breach free speech rights
A failure to acknowledge the US debt problem puts growth and stability on the line
Trump’s rhetorical style seems to appeal more to voters than the economic reality
Also in today’s newsletter, FT editor Roula Khalaf interviewed Nancy Pelosi at the FT Weekend Festival in Washington
International Edition