Fed dissenters warn of challenges in taming inflation
Three rate-setters rebelled against US central bank’s majority decision to hold rates steady this week
Amazon increases AI infrastructure spending to $220bn this year
Seattle-based group had in April expected to spend $200bn in 2026
US nuclear reactor company Westinghouse files for IPO
Brookfield-owned company plots listing nine years after cost overruns forced it into bankruptcy protection
The twilight of Dr Fauci
Scientist’s congressional testimony came amid the most sustained assault on US public service since the McCarthy era
Markets are getting AI right
Recent volatility reflects economic reality
London residents lose legal challenge against Chinese ‘mega’ embassy
Locals had sought to block construction partly on basis the complex could be used to target Chinese dissidents
Novo Nordisk shares drop 10% after cardiovascular drug trial disappoints
Danish drugmaker has been trying to diversify beyond its blockbuster obesity treatments Wegovy and Ozempic
Leopold Aschenbrenner vows to ‘fight another day’ after fund plunges 67% in July
Manager of AI hedge fund Situational Awareness tells investors he will learn from ‘very expensive scars’
The talent raid that shook New York’s most prestigious law firm
Gibson Dunn’s move on a group of Wachtell litigation partners has expanded the law firms’ talent war beyond dealmakers
Burnham says Infantino is ‘wrong man’ to lead Fifa after stake-sale plan
UK prime minister’s intervention raises pressure on Fifa president after resignation of a top adviser
FT Weekend Magazine Crossword Number 804
FT Weekend Quiz: Herman Wouk, Beano and Queen Elizabeth II
Our ‘Round on the Links’ quiz tests your ability to draw connections. Thinking caps on!
FT Weekend Quiz solutions
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The best books of the week
From graphic novels to the hounding of royal women and a foray into crime-scene forensics. Plus: French philosophers, a standout Bulgarian debut, Lawrence Osborne’s page-turner, a novel of female friendship — and Pilita Clark’s pick of environment titles
‘Total devastation’: Suffolk confronts aftermath of unprecedented wildfire
Homeowners and holidaymakers affected as flames sweep across heathland and approach nuclear power plant
Burnham’s policy bonanza
Can the new PM succeed where so many have failed?
Israel’s far right urges Netanyahu to reject Trump’s Gaza plan
Prime minister has not yet commented on US president’s claim that Hamas has agreed to disarm
Bridgerton author Julia Quinn: ‘Sex scenes have to serve a purpose’
The novelist on the big business of romance fiction, the appeal of Regency England — and why she’s a fan of BookTok
Love’s Labour’s Lost — Globe’s flamenco-infused production is a foot-stamping fiesta
Dance adds a welcome dash to one of Shakespeare’s more laborious comedies
Spain says 49,000 migrants entered Ceuta enclave in one day
Record influx into North African territory is nearly five times higher than at peak of Europe’s 2015 migration crisis
Burnham’s policy bonanza
Can the new PM succeed where so many have failed?
Born of Guilt — the heavy baggage of migration
In Joanna Elmy’s award-winning debut novel, moving from post-communist Bulgaria to the US fails to upend the hardship a young woman’s life