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Ex-Trump aide Steve Bannon indicted for contempt of Congress

Federal charges triggered by refusal to comply with subpoena issued in Capitol attack investigation

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The FT ViewThe editorial board

Jay Powell should get a second term at the Fed

Travel & leisure industry

‘An unbelievable feeling’: joyous passengers head to US as travel ban lifts

News in-depthEmployment

The night shift is back as Americans work overtime to clear backlogs

FT Globetrotter

Hot spots: Miami’s best places for power dining

US politics & policy

Biden seeks course out of doldrums after US legislative victory

Rana Foroohar

Why innovation could stop inflation

More US

• November 15 2021
  Inside BusinessSujeet Indap

  Wall Street eyes NYC taxis as beleaguered drivers win relief

  Debt restructuring eases painful burden and opens the way for new capital to enter the cab market

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• November 15 2021
  News in-depthAutomobiles

  Biden’s electric vehicle plans spark outrage in Mexico and Canada

  US trading partners insist that EV incentives breach terms of USMCA pact

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• November 15 2021
  FT Globetrotter

  Hotelier and financier Lesley Goldwasser’s guide to Miami Beach

  The co-owner of South Beach’s The Betsy channels the ‘electric energy’ of her neighbourhood via its world-class culture and cuisine

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• November 15 2021
  The Big Read

  China’s nuclear build-up: ‘one of the largest shifts in geostrategic power ever’

  The US believes Beijing will quadruple its warhead arsenal by 2030. Could this alter the balance of power in Asia?

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• November 15 2021
  Special ReportRisk Management: Exchanges, Trading and Clearing

  Reform of US bond trading in balance

  After the Covid turmoil, regulators are weighing a move to make the clearing of Treasuries mandatory

  an hour ago

  
• November 15 2021
  Premier League

  Premier League closes in on record sale of US TV rights

  Second-round bids are due next week in an auction expected to fetch $2bn

  2 hours ago

  
• November 15 2021
  Coronavirus pandemic

  Medical products maker BD says inflation will persist for two years

  Chief says pandemic is coming ‘under control’ but prices will not return to previous levels

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• November 15 2021
  US-China relations

  Biden and Xi to tackle Taiwan and nuclear build-up

  First virtual meeting takes place as fears rise over China’s expanding arsenal

  4 hours ago

  
• November 14 2021
  InterviewRussian politics

  Ukraine warned of ‘high probability’ of Russian military escalation this winter

  Kyiv’s deputy defence minister tells FT western intelligence not just based on troop surge at border

  
• November 14 2021
  US Inflation

  Yellen says inflation will stay high until Covid is under control

  US Treasury secretary says the pandemic is ‘calling the shots’ on the economy

  
• November 14 2021
  Willem Buiter

  The Fed must abandon average inflation targeting

  Why should failures in the past drive monetary policy in the future?

  
• November 14 2021
  George Robertson

  US nuclear arms shift could raise risk of inadvertent conflict

  Policies on ‘sole purpose’ or ‘no first use’ sound appealing but would weaken security guarantees

  
• November 14 2021
  FT Globetrotter

  The best Latin American food in Miami

  Venezuelan for breakfast, Honduran at lunchtime, maybe Cuban in the evening (with coffee stops in Little Havana en route)? Let the city take you on a culinary tour of Latin America

  
• November 14 2021
  FT Globetrotter

  Explainer: how Miami became a great Latin American city

  Hard to believe, but this global meeting point of the Americas used to be a sedate Southern resort — before morphing at speed into a multicultural metropolis where Spanish is the lingua franca

  
• November 13 2021
  ExplainerCOP26

  COP26: what is in the Glasgow Climate Pact

  A guide to the key elements of the agreement from the UN summit

  
• November 13 2021
  US politics & policy

  Republicans focus on education in bid to win back suburban America

  Strategists argue Glenn Youngkin’s winning pitch to parents in Virginia could provide blueprint for the midterms

  
• November 13 2021
  Taiwan

  Australia vows to help US defend Taiwan from Chinese attacks

  Defence minister’s comments follow Biden efforts to strengthen Washington’s Asia-Pacific alliances

  
• November 13 2021
  FT Globetrotter

  Laps of honour: four of Miami’s most beautiful hotel pools

  Pools in Miami are more a stage set for posing, drinking and relaxing than places for clocking up lengths. Not for this Miami-loving globetrotter, however, who finds he is often the only one in the water

  
• November 13 2021
  On Wall StreetJustin Jacobs

  Biden’s green agenda is not the driver of the US petrol price surge

  Investor pressure on companies to be more disciplined on growth has reined in domestic oil production

  
• November 13 2021
  John Dizard

  Puerto Rico debt deal highlights the dilemma of pension liabilities

  Restructurings typically leave a greater burden to meet retirement costs on those still working

  
• November 12 2021
  US Treasury bonds

  Yardstick of future US inflation climbs to highest in over a decade

  Bond sell off continues as 10-year break-even rate reaches 2.76% propelled by fears of rising prices

  
• November 12 2021
  The FT ViewThe editorial board

  Joe Biden cannot ignore the political cost of rising energy prices

  US president has reason to fear his domestic agenda and popularity will be forever tainted

  
• November 12 2021
  Aerospace & Defence

  UK’s Avon Protection takes hit after body armour product fails US test

  Defence supplier launches strategic review of business and warns of delays

  
• November 12 2021
  News in-depthCOP26

  Crunch time for rich at COP26 on climate finance for developing countries

  A growing bloc says it needs to see more clear financial commitments by the end of the summit

  
• November 12 2021
  Federal Reserve succession

  ‘A dangerous man’: the messy politics of Fed chair nominations

  Biden’s decision on reappointing Powell to lead the US central bank follows years of controversy over the role