A reframed Moby-Dick surfaces at the Metropolitan Opera — review
Jake Heggie’s opera opens in New York with fine singing and spellbinding effects
UK defence secretary to discuss ‘parameters’ of Ukraine peace plan in Washington talks
John Healey will seek to persuade US counterpart Pete Hegseth of need for military ‘backstop’
What economists get wrong about tariff wars
The history of global trade challenges Ricardo’s enduring economic theory
Bank of England plans to ease leverage rules on UK lenders
Proposal is latest sign of regulators responding to government pressure to cut business red tape
Turing Award winners warn over unsafe deployment of AI models
Two pioneers of reinforcement learning have won the $1mn prize from the Association for Computing Machinery
Sum of employment reforms risks stifling labour market
The government’s far-reaching plans could make the economy less dynamic
Key moments from Trump’s address to Congress
President touts achievements of first six weeks in office during marathon address to lawmakers
FTAV’s further reading
Tariffs; solar power; neo-liberalism: military spending; AI: electric cars; boiler rooms; and the temperature on Reddit
UK chancellor to propose spending cuts to fix worsening public finances
Welfare bill in focus as Rachel Reeves’ £9.9bn of fiscal ‘headroom’ wiped out by higher borrowing costs
German borrowing costs soar as Merz moves to ease debt brake
Proposal to relax borrowing rules described as ‘sea change’ for debt issuance