Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Spotify turned the largest quarterly profit in its 18-year history as chief executive Daniel Ek makes good on his promise of a “new phase” for the streaming group after decades of freer…

Britons hoping to buy their first home face the most difficult conditions in 70 years, according to a new report released Monday. First-time buyers are grappling with the twin challenges of historically high down payments and steep mortgage repayments, whereas many previous generations faced either one or the other, says the study…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Two men in the UK including a former parliamentary aide have been charged with spying for China.The Crown Prosecution Service said on Monday it had authorised charges against Christopher Cash, 29, from…

The mighty US dollar flexed some muscle last week in a positive sign for Americans’ purchasing power. The US dollar index, which measures the currency’s strength against six of its peers, closed Tuesday at 106.26, its highest level since early November. The US economy’s remarkable strength is a big reason…

Stay informed with free updatesSimply sign up to the EU economy myFT Digest — delivered directly to your inbox.“Economic giant, political dwarf” — the epithet so often used about Japan and Germany — has been used about the EU, too. Many of its leaders nowadays see their challenge as finding…

This year’s musical performer at the Formula 1 United States Grand Prix in Austin, Texas, is so big, Circuit of the Americas (COTA) is offering to buy “early bird” tickets back from buyers and pay ticket holders an extra $50. Similar to a music festival, the Grand Prix has artists…

For Moses Hendrix, the first sign that something was afoot in his patch of Harlem was the appearance of the “big white Terminator dudes” a week ago. They were poking around the Sanaa Convenient Store at the corner of 139th Street and Broadway owned by his friend, Maad Ahmed.So he…

Tesla may be close to unlocking a massive new market. CEO Elon Musk is due to arrive in India next week for a visit that is expected to include a meeting with Prime Minister Narendra Modi and confirmation that Tesla plans to build a factory in the world’s most populous…

The US House of Representatives is expected to vote this weekend on sending $60bn in new military aid to Ukraine, a move that could end a months-long stalemate in Washington at a time Kyiv is starting to lose ground in its attempt to repel Russian aggression. But the package unveiled…

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio version of the newsletter by clicking the same link. Despite overcoming a crisis in 2023, the pain isn’t over for America’s regional…