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Trump administration approves $24bn sale of F-35 jets to Saudi Arabia

Deal is a win for Riyadh while it is embroiled in a regional crisis triggered by the Iran war

US regulator opens markets to tokenised stock trading

Blockchain-based representations of traditional equities can be traded around-the-clock and more easily used as collateral

OpenAI staff knew the ‘existential threat’ AI posed to publishers, New York Times claims

Lawyers say AI co-founder Greg Brockman was ‘motivated by the gazillions’ he hoped to gain from models trained on copyrighted content

Bank of England follows FTAV advice

Although maybe correlation ≠ causation

Reform UK’s mega-donor backed a friend’s libel claim. Now he controls her home

Crypto billionaire Ben Delo loaned more than £300,000 to former academic Nina Power

Hispanics feel ‘betrayed’ by Trump, top Republican says

Florida lawmaker María Elvira Salazar rebukes president in TV ad for heavy-handed immigration policies

Sun, stats and suspicious productivity

UK workers are better and more offline than previously thought

Addison Lee founder loses £20mn tax battle over ‘non-dom’ status

John Griffin cited his deep emotional attachment to Ireland despite having started minicab service in Britain in 1975

Has AI broken the old VC model?

A spate of mega-IPOs triggered by the AI boom is stretching the feast-or-famine industry dynamic to an extreme

Glencore suspends senior executive in review of ties to iron ore trader

Head of steelmaking raw materials Peter Hill stood down from position pending outcome of review into Glencore’s business with Radiant World

Where Ed Sheeran really went wrong on Macklemore and Palestine

The British solo musician has never looked so alone or exposed — but he only has himself to blame

Carney is playing a bad hand well

Economic reforms and broader alliances are Canada’s best response to Trump’s trade war

Rising rates throw a spanner in investment bankers’ spreadsheets

When the cost of capital goes up, the value of a company theoretically goes down. Share prices tell a different story

Bank of England’s bond plan brings finality to quantitative tightening

Multiyear plan announced at September rate decision will unwind BoE’s quantitative-easing-era gilt purchases by 2034

Going faster will only slow AI down

Without stronger safeguards, the danger is that any disaster could trigger a furious public backlash and regulatory overreaction

Bank of England says rates likely to rise as it overhauls gilt sales

BoE holds rates at 3.75% but signals higher borrowing costs are likely

Gustavo Dudamel takes the reins at the New York Philharmonic

His impressive opening subscription concerts offer hard-hitting Prokofiev and the emotional catharsis of John Adams’ work commemorating 9/11

A Killer Story — fascinating true crime docuseries about a Kansas double murder

This intelligent three-part HBO series follows a couple who spent years trying to exonerate a woman convicted of homicide

Six films to watch this week

Juliette Binoche and Tom Courtenay lead the outstanding ‘Queen at Sea’; ‘Resident Evil’ gives the horror franchise new blood; Saoirse Ronan makes discipline a core topic in ‘Bad Apples’; Aardman strikes again with ‘Shaun the Sheep: The Beast of Mossy Bottom’; Andrew Scott is superb as D-Day weatherm