Dimon warns Trump administration’s attacks on Fed could boost inflation
JPMorgan chief says he has ‘enormous respect’ for central bank chair Jay Powell
Netflix preparing all-cash deal for Warner Bros to fend off Paramount
Streaming service could convert terms for celebrated studio as Ellison-led rival appeals directly to shareholders
Trump says ‘help is on its way’ for Iranian protesters
US president calls on demonstrators to ‘take over’ the country’s institutions
Reeves to unveil £45bn railway upgrade in northern England
But chancellor only committing to ‘planning, development and design work’ worth £1.1bn during current parliament
US Senate introduces bill to stop military from occupying Nato territories
Legislation would prevent American forces from using congressional funds to annex Greenland
Powell sent senators details on $2.5bn Fed project following testimony
Letter seen by FT appears to undermine claims that the chair of US central bank misled Congress over renovation
FirstFT: Trump tells Iranian protesters ‘help is on its way’
Also in today’s newsletter: Jay Powell sent US senators details on $2.5bn Fed project following testimony, and Japanese stocks surge to all-time high
Transcript: Showdown at the Federal Reserve
Robert Armstrong speaks to Katie Martin
Showdown at the Federal Reserve
How will the feud between Jay Powell and Donald Trump end?
Amazon pushes suppliers for cuts ahead of Supreme Court tariff ruling
Tech giant moves to reverse concessions made to limit the shock of US President Donald Trump’s trade levies
Starmer set to drop plans to make digital ID mandatory for UK workers
Latest U-turn comes after Labour MPs expressed concern about compulsory nature of proposed scheme
Tricolor executives plead not guilty to charges stemming from collapse
CEO and chief operating officer of subprime auto lender and retailer stand accused of misleading creditors on collateral
UK fiscal rules do ‘very little’ to fix public finances, says former watchdog
Ex-chair of Office for Budget Responsibility gives downbeat assessment
Container ship captain ‘did nothing’ to prevent North Sea collision, court hears
Vladimir Motin owed ‘duty of care’ to crew member who died after Solong hit Stena Immaculate last March, prosecutor says
Clintons refuse to testify to oversight committee investigating Jeffrey Epstein
Former US president and secretary of state accuse Republican chair of partisanship in handling case of late sex offender
Dispatch from Tehran: the week Iranians revolted against the regime
Cut off from the outside world, Iran has been convulsed by some of the worst violence since the 1979 Islamic revolution
Curbing sexual deepfakes is a moral imperative
Musk has mischaracterised the dispute with the UK and others over indecent AI images as censorship
Scottish government to impose ‘mansion tax’ and private jet levy
SNP administration says last Budget before elections asks wealthiest ‘to contribute that little bit more’
South East Water bosses recalled by MPs over outage
About 25,000 properties remain without water in Kent after new supply issues
JPMorgan investors find out who their friends are
Monetary policy isn’t the only thing at stake in Trump’s battle with the Fed
Microsoft vows to ‘pay its way’ as it seeks to defuse data centre backlash
Soaring electricity demand from AI has become political issue for Big Tech and the Trump administration
Yen tumbles and Japan stocks soar as election talk reignites ‘Takaichi trade’
Currency at lowest since July 2024 after finance minister expresses concern over ‘one-way’ weakening
US inflation stays at 2.7% in December
Figures suggest cost pressures are being contained even as price growth remains above Fed’s target
Trump administration prepares to unveil new Gaza leadership
US and Israeli officials who will shepherd fragile ceasefire were linked with contentious Gaza Humanitarian Foundation