Greg Abel finally puts Buffett’s cash pile to work
Berkshire Hathaway chief ends more than three-year selling streak as he ploughs a net $20bn into stocks
US Senate narrowly confirms Todd Blanche as US attorney-general
Vote follows tense fight that exposed bipartisan concerns about installing an ally of President Donald Trump
Iranian missile targets UAE tanker despite talks to reopen strait
Latest attacks launched as Iran said it was close to finalising deal with Oman to manage shipping through Hormuz
Solar eclipse threatens to tighten Europe’s electricity squeeze
Continent’s power system already under stress from heatwaves
First Brands urges court to approve bankruptcy settlement
Plan would fund lawsuits to pursue billions of dollars in claims arising from alleged fraud scheme at collapsed car-parts maker
Landmark crypto bill stalls in US Senate despite $225mn spending push
Lobby struggles to pass top priority in Congress as lawmakers spar over legislation
Pfizer grapples with ‘a world of hurt’ after Covid triumph
Sliding vaccine revenues and fears it overpaid for new drugs pile pressure on boss Albert Bourla
Spain reinstates border controls on Italy as tensions rise over migrants
Decision widens rift between Pedro Sánchez’s government and rightwing Italian premier Giorgia Meloni
Currency interventions have a mixed record
You can’t fight macro with FX interventions
Gianni Infantino’s fight for survival
Also in today’s newsletter: LIV Golf’s lifeline
Widdecombe murder probe reopens inquiry into attempted burglary at Farage’s house
Counterterror officers have identified ‘relevant’ information missed during an investigation last year
Games special: puzzles, quizzes, Plato and wizards
A special summer issue of FT Weekend Magazine — it’s playtime!
Six hot takes from Copenhagen Fashion Week
The 20th-anniversary edition of the event championed underwear as street style, smart sustainability and cycling chic everywhere
Parents of UK students dig deep to fund university costs
Many expect to provide more than £50,000 towards tuition fees and living expenses, says survey
Venezuelans take to the streets as country hit by daily blackouts
Caracas experiencing power cuts for first time in 7 years despite government pledges to invest in grid
Credit insurer to cut cover for UK housebuilder Vistry’s suppliers
Allianz Trade’s planned move could exacerbate squeeze on cash flow of struggling company
Sainsbury’s needs a dose of Big Tech’s boldness
UK’s second-largest supermarket has spent the last two decades delivering distinctly terrestrial returns
Kids, flats and student loans: Why UK first-time buyers are getting older
One in three starts a family before having a home of their own
The exciting boring decade
Why hasn’t all the chaos in the real world inspired more interesting art?
London’s dejected housebuilders finally catch a break
Merely returning to normal won’t be enough if the government wants to meet its ambitious construction targets
Burnham urged to rule out changes to pension lump sums in next Budget
Do not invite pre-Budget speculation for third year running, City bosses warn new PM
The US bares its financial weak spot
Yen intervention points to the squishy underbelly of American weakness
State of the nation: a jumbo American crossword
Solve this Texas-sized puzzle — then solve its nationwide meta-puzzle