Oil prices are near three-year lows. Gas prices are sinking below $3 in many parts of America. So why were Vice President Kamala Harris and former President Donald Trump talking so much about expanding oil production during Tuesday night’s debate? Harris, criticized for her previous stance against fracking, noted that…

Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.Vladimir Putin has called on Russian officials to consider restrictions on exports of commodities including uranium, in retaliation against fresh western sanctions against Moscow and its allies. “Please take a look…

Starbucks has been on the decline, with shrinking sales as it moved from a traditional sit-down coffee shop into one where people place orders on their phones and grab a drink from the counter. Its new CEO has a plan to fix it all. And it starts with comfortable chairs.…

Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseDonald Trump and JD Vance have stepped up their attacks on immigrants with baseless claims about Haitians abducting pets and Venezuelan gangs taking over apartment buildings, betting that attacking…

The U.S. government’s road safety agency wants the auto industry to design new vehicles including increasingly large SUVs and pickup trucks so they reduce pedestrian deaths and injuries. The National Highway Traffic Safety Administration said Monday that it’s proposing a new rule setting testing and performance requirements to minimize the risk…

Guidance allowing companies to collaborate with rivals on investment. A regime to police potentially worrying mergers after they are approved, rather than before. New principles to vet corporate tie-ups on an EU-wide basis, instead of reviewing market power at the national level. Of all the 400 pages of Mario Draghi’s…

Buying this week’s groceries or paying for a full tank of gas with a credit card might contribute more to the profits of the airline industry than buying a one-way ticket. That’s because frequent flyer programs have become a crucial part of the airline industry’s profitability. And that’s due to…

Stay informed with free updatesSimply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox.Iran has sent “hundreds” of ballistic missiles to Russia in what Kyiv officials said marks a “serious escalation” of Tehran’s support for Moscow’s invasion of Ukraine. “More than 200” Fath-360 short-range ballistic…

Apple excited fans with its vision for its “Apple Intelligence” artificial intelligence system earlier this year. Now, it’s time for the company to prove it really works. The company is set to introduce the first lineup of iPhones purpose-built for generative artificial intelligence (which lets users create text and images)…

Watch the FT Weekend festival session here.Ukraine’s Kursk offensive has dented Vladimir Putin’s war narrative and triggered “questions” among the Russian elite about the point of the war, two of the world’s leading spy chiefs have said.CIA director Bill Burns said Kursk was “a significant tactical achievement” that had boosted…