25-06-2026 15:45 via ft.com

Rising PCE inflation reinforces hawkish Fed turn

Higher than expected headline and core inflation in May is accompanied by some good news beneath the surface

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Global markets fall as investors fret about AI demand

FirstFT: UK higher-earners in crosshairs for job cuts

Outlook for Fed interest rates shifts in a hawkish direction

The shrinking arguments for degrowth

Kevin Warsh’s tough talk on inflation reassures investors

Chinese carmakers ‘knocking at US gate’ from Mexico and Canada

Cost of applying for probate to rise by 75% – what is it?

Cost of applying for probate to rise by 75% – what is it?

Will Rachel Reeves still be the chancellor following Starmer’s resignation?

Will Rachel Reeves still be the chancellor following Starmer’s resignation?

UK housebuilders warn of ‘shockwaves’ as tariffs on steel imports double

FirstFT: Oil price returns to prewar level

Cheat sheet for an EU financial geopolitics plan

Lessons from Brexit for the world economy

FirstFT: Trump demands ‘loyalty’ from Nato allies

Bank of England to keep steady all year amid ‘second-round’ worries