The world in a glance.

Bolsonaro biopic threatens to sink his son’s election bid

Flávio Bolsonaro’s presidential run thrown into doubt by revelations he procured film funding from suspected fraudster

Bolsonaro film threatens to sink his son’s election bid

Flávio Bolsonaro’s presidential run thrown into doubt by revelations he procured film funding from suspected fraudster

Can Exxon build the world’s biggest carbon capture business?

Oil major bets billions on technology but backlash on US Gulf Coast threatens its ambitions

Europe’s dealmakers warn of EU merger policy confusion

Mixed messages from top EU officials cloud promised overhaul of competition rules

Fertiliser groups cut production as Iran war squeezes sulphur supplies

Farmers in poorer countries risk lower yields as they reduce how much phosphate they apply to crops

How Europe learnt to love subsidies

EU state aid has increased. Will that fend off China or fragment the single market?

Oil prices tumble as deal to end Iran war appears close, though Trump says there’s no rush

The U.S. appears close to reaching an agreement that would end the war with Iran and reopen the strategic Strait of Hormuz, according to reports Sunday, sending oil prices sharply…

AI fever and off-exchange boom grip Japanese retail traders

Average daily trading volume on Tokyo Stock Exchange’s prime market almost doubles in 12 months

Oil prices tumble as deal to end Iran war appears close, though Trump says there’s no rush

The U.S. appears close to reaching an agreement that would end the war with Iran and reopen the strategic Strait of Hormuz, according to reports Sunday, sending oil prices sharply…

Uber weighs higher bid for Delivery Hero after €11.5bn offer rebuffed

San Francisco-based group approached major shareholder in German food group

‘He didn’t really pay attention’: I told my friend he left millions on the table in retirement. Did I do the right thing?

“He lived very frugally and maxed out his 401(k)s.”

Republican hardliners warn Trump is giving up too much in Iran talks

US president is trying to quell an internal backlash from hawks who demand Tehran’s complete surrender

Trump says US will not ‘rush into a deal’ with Iran as talks continue

Comments downplay hopes of an imminent reopening of the Strait of Hormuz

Is the stock market closed on Memorial Day? Does the post office deliver mail?

The holiday weekend will affect the stock and bond market. Here’s what you need to know.

ECB summons banks to urge them to fix flaws exposed by latest AI models

Supervisor to stress seriousness of risks to financial system at hastily arranged meeting

Just stop moaning and pay your taxes

Fetishising tax avoidance in the US must end if the republic is to survive

Robotaxis need to be tested in real traffic

To achieve safe, cost-effective autonomy we need to see how other road users react to the vehicles

Short sellers reap more than $2.3bn profit betting against gambling companies

Online groups under pressure from jump in prediction markets’ popularity in US and steep tax rises in UK

Trump says there’s no rush as deal to end Iran war, reopen Strait of Hormuz appears close

The U.S. appears close to reaching an agreement that would end the war with Iran and reopen the strategic Strait of Hormuz, according to reports Sunday.

Xi railed against Japan’s ‘remilitarisation’ at Trump summit

Chinese president became heated when criticising US ally for its increased defence spending

Stocks are riding an earnings hot streak — but investors are facing a summer that’s rife with risks

The U.S. stock market has arrived at the unofficial start to summer with major benchmarks sitting at record highs. But a few factors could make for a bumpy ride in the months…

‘We have longevity in the family’: My sister is turning 67. Should she wait until 70 to claim Social Security?

“Others say she should start at full retirement age.”

Move over, seltzer. Non-carbonated drinks are taking the spotlight

Non-carbonated alcoholic drinks like Surfside and BeatBox are stealing "share of throat" from hard seltzers, particularly among Gen Z.

Bombing near railway track in Pakistan kills at least 16

Separatist group claims responsibility for attack in capital of restive south-western Balochistan province

I’m 67. Our family trust earns $300,000 annually for my kids. How do I ensure they won’t get killed on taxes?

“My thought is to distribute all of the income to my children each year so that the trust itself pays little to no tax.”

Iran war could add billions of dollars in interest payments to US debt

Government borrowing costs have reached their highest levels since 2007 after three months of the conflict

Why IPO mania could signal top of the market

A potential deluge of AI-related equity supply removes a source of upthrust for prices

‘My husband is leery of my plan’: We are both 60 and have $5 million. Is now a good time to dip into our savings?

“We have been scrimping for a long time.”

Russia pounds Ukraine with hypersonic ‘Oreshnik’ missile

Capital rocked by explosions after Ukrainian leader Volodymyr Zelenskyy warned of imminent large-scale attack

Commerzbank rallies shareholders in fight for independence from UniCredit

At its annual meeting this week, the German lender’s long-suffering shareholders finally had something to cheer

Iran’s Guards used UAE company to buy military satellite equipment

Records seen by FT show Tehran used procurement network in Gulf state that it later hit with missiles and drones

Egypt deploys jets to UAE as Iran war strains Arab alliances

Abu Dhabi had hit out at countries in region for not doing more to help defend against Iranian attacks

The power struggle in the world’s narrow seas

As the Strait of Hormuz crisis grips the global economy, nations are vying to secure other vulnerable waterways

Please stop talking about Gen Z in the office

Mindless generational labels don’t help at a time when the workplace is one of the few places where young and old mix

Trump says deal with Iran to reopen Hormuz ‘largely negotiated’

US president says he will announce agreement to end the war after talks with Gulf leaders and allies

South-east Asian economies struggle to counter energy shock

Iran war leaves oil-poor nations trying to shore up countermeasures while battling inflation

Suspect killed after gunfire exchange with Secret Service outside White House

Donald Trump was in the executive mansion when witnesses reported hearing dozens of shots

Gunshots fired near White House, says FBI director

President Trump had been in the executive mansion before witnesses reported hearing dozens of shots

Russia pounds Kyiv with missiles and drones in heavy overnight assault

Capital is rocked by explosions after Ukraine’s Zelenskyy warned of an imminent large-scale attack

US warns Japan of severe delays in Tomahawk deliveries due to Iran war

Missiles could come two years late as Pentagon works to replenish stocks depleted in Middle East military campaign

This bond strategy can protect your portfolio even if interest rates go up

A little-known investing formula shows exactly how long to hold bonds to neutralize interest-rate hikes.

Nvidia can deliver chips — but it can’t buy Big Tech out of its credit and power-grid crisis

Corporate profits can’t fix a chaotic trade war with China, climbing credit premiums and AI infrastructure limits.

Kevin Warsh walks into a trap where the Fed can’t cut rates even if it wants to

Kevin Warsh is becoming Federal Reserve chair at a pivotal moment for the U.S. economy — forcing him to be something other than the disruptor he hoped to be.

Your bond portfolio is facing a ‘termite’ infestation far worse than Jamie Dimon’s ‘cockroaches’

JP Morgan Chase CEO warned of credit-market ‘cockroaches.’ But opaque AI loans and excessive leverage — ‘credit termites’ — are hollowing out the economy.

The surprising cost of caring for aging parents: Divorce

Mental-health and financial pressures can strain even strong marriages.

Delivery Hero reveals Uber takeover bid at €10bn valuation

German food group has also been approached by rival DoorDash, people familiar with the situation said

These 4 market sectors look frothy — and Nvidia’s isn’t even the biggest bubble

S&P 500 has a 30% chance of crashing over the next two years. That’s the good news.

‘It will not bring you happiness’: I have advice for your single, childless 62-year-old multimillionaire reader

“Go to Walmart and pay off someone’s layaway account.”

I’m 66 and have $85,000 in my HSA. When should I start spending it?

Most people don’t save in an HSA, so there’s little consensus on when to start drawing down the funds.

I almost fell for a scammer. This one rule saved me — and could help you, too.

Scams are sophisticated and come in many shapes and forms. It’s easy to be fooled.