The world in a glance.

Global imbalances are back. Who’s to blame?

The suspects look familiar

Pakistan’s deft diplomacy is an economic blessing. And a curse

It allows the country’s rulers to put off necessary reforms

EU to relax merger rules in bid to create ‘European champions’

Draft reforms stress benefits of scale and investment in competition regulator’s assessment of proposed deals

Shares at world’s biggest chocolate maker plunge as cocoa prices collapse

Company warns of effect of falling cocoa prices, industry overcapacity and supply disruptions

Taiwan overtakes UK in stock market value on AI chip boom

Crossover comes as chipmaker TSMC reports record first-quarter profit

Ceasefire with Israel expected ‘soon’, say Lebanese officials

Deal to halt war between Israeli and Hizbollah could boost efforts to reach a peace accord between the US and Iran

Deterrence costs and we will all have to pay

There is a need to stop wishful thinking on defence expenditure

Nato in ‘turf war’ with EU over defence spending

At the heart of the dispute is buying US weapons with EU money

Gulf states turn to private deals in $10bn wartime borrowing spree

Abu Dhabi, Qatar and Kuwait avoid public markets for fundraising as Iran conflict delivers economic hit

How the Strait of Hormuz will change Iran’s regime

A system fixated on building up military deterrents has discovered its most important point of leverage over the world

Pensions drawdown: can the 4 Per Cent Rule survive stagflation?

Ensuring a fund lasts at least 30 years is trickier with asset values falling and prices soaring

The NHS should keep Palantir for patients’ sake

The US technology company is opposed by some employees but its software is getting results

The pope versus the president: how Leo became Trump’s fearless foe

As he steps up his criticism of the Iran war, the pontiff’s American background has given him a role in US politics unlike any predecessor

The tax-focused hedge fund craze taking over Wall Street

New breed of products from firms such as AQR and Quantinno has soared in popularity, raising regulatory concerns

Is Tesla a chip stock now? Investors are cheering a semiconductor milestone.

The AI5 chip, which Tesla says will power humanoid robots and supercomputers, has completed a critical step.

Allbirds’ AI pivot sends its stock soaring nearly 600%. We’ve seen this movie before.

It’s not unprecedented for struggling companies to latch on to the hot trend of the moment — remember the blockchain hype cycle?

Live Nation stock falls as jury finds ticketing giant acted as an illegal monopoly. Here’s what happens next.

Shares of Live Nation sank on Wednesday after a jury found that the Ticketmaster parent had acted as an illegal monopoly over the ticketing industry, according to reports.

‘She’s a smoker’: My mother, 55, has no car and no job. Should I buy her life insurance?

“My brothers and I are willing to split the cost of life insurance for her, if we can find a policy.”

Goldman president warns private credit funds are not marketed properly

John Waldron says vehicles lack ‘clarity that this is really not a liquid product’

Microsoft’s stock has sprung back to life — and is on its strongest run in 3 years, by one measure

After frustrating investors for months, Microsoft shares just clinched their best three-session performance since April 2023.

U.S. businesses hit the brakes on hiring and spending as Iran war dims optimism over economy, Fed report finds

Many Fed districts also reported growing signs of financial strain among consumers, along with increased price sensitivity and rising demand at food banks.

Goldman traders wrongfooted as Iran war upended interest rate expectations

Wall Street bank’s rates desk was key driver behind unexpected drop in fixed-income revenue

Goldman Sachs bond traders stumbled as Wall Street rivals thrived: 'A fire is being lit under' them

Goldman's identity as a trader's firm — one expected to perform in turbulent markets — makes any stumble in the division notable.

Ford EV chief leaving automaker amid new restructuring efforts

The departure was announced alongside Ford detailing a new restructuring that includes the establishment of a "Product Creation and Industrialization" unit.

Ford EV leader leaving automaker amid new restructuring efforts

The departure was announced alongside Ford detailing a new restructuring that includes the establishment of a "Product Creation and Industrialization" unit.

Live Nation stock falls as jury finds ticketing giant acted as an illegal monopoly

Shares of Live Nation sank on Wednesday after a jury found that the Ticketmaster parent had acted as an illegal monopoly over the ticketing industry, according to reports.

Veteran investor Mark Mobius dies at 89

Renowned fund manager was a pioneer in emerging market investing

Saudi wealth fund resets priorities after decade of heavy spending

Governor says near-$1tn PIF will focus on efficiency without retreating from global deals

Lebanon says efforts are under way to reach ceasefire with Israel ‘soon’

The duration of a possible peace would likely be linked to how long a truce between the US and ‌Iran holds

Here’s where to find the cheapest gas in America right now — up to 34 cents a gallon below the national average

Americans are already biking to work, pooling trips and adjusting travel plans, MarketWatch has reported. Those who can are looking for cheaper gas prices in their area.

CoreWeave sees a $7 billion win from an unconventional customer. Financial firms want AI chips, too.

The arrangement shows that computing is increasingly relevant to the financial sector.

Saudi Arabia’s PIF on verge of cutting support for LIV Golf

Sovereign wealth fund reconsiders backing for lossmaking golf tour as Iran war prompts investment rethink

US crude exports hit record as Iran war disrupts Middle East supplies

Foreign sales could push up US petrol prices and increase political pressure on Trump administration to curtail exports

UK gas prices dip below pre-Iran war levels in boost for Reeves

Concerns about a full-blown supply crisis recede as Asia cuts consumption

Trading firm boss revealed as buyer of Nick Candy’s £275mn mansion

Suneil Setiya of Quadrature Capital, a Labour donor, was behind the UK’s most expensive house purchase

Trump warns he could rip up trade deal with UK

Threat comes as tensions rise between Washington and London over Iran war

Rate setters face ‘double danger’ from Iran war and tariffs, Fed official warns

Chicago Federal Reserve president Austan Goolsbee says public may ‘misinterpret’ price rises as persistent

You have until April 15 to claim this $8,000 Roth IRA freebie — no matter what your income

All U.S. taxpayers have until tax day — Wednesday, April 15 — to take advantage of the Roth IRA tax break for 2025, even if they think they earn too much.

Bank of America tops estimates as CEO Brian Moynihan says consumer banking is 'healthy'

Bank of America, the second-largest U.S. bank by assets, has topped expectations for earnings per share for 23 consecutive quarters.

Allbirds’ AI pivot sends its stock soaring 300%. We’ve seen this film before.

It’s not unprecedented for struggling companies to latch onto the hot trend of the moment. Remember the blockchain hype cycle?

Inflation watch: High oil prices boost the cost of imports again. How long will the pain last?

The cost of imported goods rose sharply in March for the third month in a row, heralding further increases in U.S. inflation in the next few months, mostly due to higher oil…

United CEO had been considering a merger last fall, months before bringing it up to the Trump administration

United Airlines CEO Scott Kirby has said the next phase for U.S. carriers is figuring out how to better compete on a global stage.

Trump threatens to fire Jay Powell and refuses to halt criminal probe

US president insists Justice Department will not drop investigation into central bank chair

War will drain the Gulf’s $6trn treasure chest

The conflict complicates life for the custodians of Middle Eastern oil fortunes

Morgan Stanley tops estimates as trading revenue exceeds expectations by nearly $1 billion

Morgan Stanley's results in the quarter were powered by the firm's fixed income and equities trading operations, which produced about $8.5 billion in revenue.

Morgan Stanley profits jump 30% as Iran war drives trading boom

Results from two remaining big investment banks cap earnings season marked by gains from Wall Street traders

Big Tech’s giant headache: billions in AI capital spending means investors demand results

Implementing AI carries plenty of risks — most of which stem from its tremendous potential.

Starbucks launches beta app in ChatGPT to fuel new drink discovery

Starbucks is trying to find ways to entice U.S. customers back to its cafes.

These stocks and ETFs can beat the ‘sell in May’ slump — and dodge the 2026 midterm blues

You don’t have to exit the market to survive a summer lull. Here’s your ‘stay and play’ strategy for the 2026 election cycle.

The Netherlands is the best bet to win the FIFA World Cup

The man who predicted the tournament’s last three winners says you need to understand the risks of gambling on the Dutch.