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Outgoing President Joe Biden granted 39 pardons and commuted the sentences of roughly 1,500 federal offenders serving the remainder of their sentences on home confinement today. The orders came under intense pressure from a coalition of civil rights, criminal justice, and religious groups urging Biden to use his clemency power to grant relief to several

Israeli forces are continuing a large-scale bombing campaign of Syrian targets following the ouster of Bashar al-Assad, attacking the Port of Latakia and a weapons storehouse in Tartus. Israeli troops have pushed deeper into the occupied Golan Heights and a demilitarized buffer zone established by the United Nations a half-century ago.

In northern Syria’s Latakia region, opposition fighters set fire to the tomb of Hafez al-Assad, Syria’s longtime authoritarian leader and father of ousted President Bashar al-Assad.

Stanley, the brand name whose cups became a cultural phenomenon in recent years thanks to the viral trend on TikTok, is recalling 2.6 million mugs due to dozens of people suffering burn injuries caused by a defect in the lid. The federal government announced on Thursday that Stanley was recalling 2.6 million of its 12-

The politician waiting in a little nook of the higgledy-piggledy restaurant, a former fisherman’s cottage on the Atlantic coast just north of Cape Town, is known as South Africa’s “Iron Lady”. But the outfit Helen Zille is wearing, a flowery dress and a wide-brimmed sun hat with a chinstrap, makes her look more like Bo

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Citadel has poached a second London-based portfolio manager from rival Elliott Investment Management, suggesting Ken Griffin’s hedge fund is looking to adopt activist tactics. Pawel Serej, who left Elliott in the summer, is joining $65bn

This article is part of the FT’s Financial Literacy and Inclusion Campaign joint seasonal appeal with Magic Breakfast I’ve been getting into the Christmas spirit this week, and thought the holidays would be the perfect time to introduce my twin nephews to the joys of Monopoly. I fondly remember the marathon games of my childhood,

What on earth will happen to US economic policy when Donald Trump becomes president? That question is already sparking widespread concern. And even the supposedly smart money seems unsure of the answer. This week, for instance, the hedge fund Bridgewater told clients that Trump’s “nominations and rhetoric so far appear to suggest he will try

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

€69 per month Complete digital access to quality FT journalism with expert analysis from industry leaders. Pay a year upfront and save 20%. What’s included Global news & analysis Expert opinion FT App on Android & iOS FT Edit app FirstFT: the day’s biggest stories 20+ curated newsletters Follow topics & set alerts with myFT

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The UK economy unexpectedly shrank 0.1 per cent in October, the second contraction in a row, in a blow to the Labour government’s economic agenda. The monthly change in GDP published on Friday by the

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water should be “put out of its misery” and renationalised, according to the deputy leader of Reform UK, in a sign that the backlash against water privatisation has become an increasingly populist issue. Richard

Syrian rebels who helped topple Bashar al-Assad’s regime less than a week ago have pressed ahead with a separate, less-publicised offensive. The Syrian National Army, a rebel group supported by Turkey, has in recent days battled the Kurdish-led Syrian Democratic Forces, a US-backed militant movement that Ankara deems a severe threat. Syrian Kurds, who at

Standing under a “Bitcoin 2024” logo at a US crypto conference this summer, Donald Trump likened the audience of “bitcoiners” to the inventors and industrialists who pioneered high-tech industries at the turn of the 20th century. “You are the modern day Edisons and Wright Brothers and Carnegies and Henry Fords,” he said. “My job will

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Rachel Reeves has insisted she will not give “false hope” to proponents of building a new railway line north of Birmingham as an alternative to the cancelled leg of HS2. The chancellor said the government’s

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The writer is a faculty member at Yale, formerly chair of Morgan Stanley Asia, and is the author of ‘Accidental Conflict: America, China, and the Clash of False Narratives’ A tit-for-tat between China

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world It is taken as read that America’s next president is bad news for diversity, equity and inclusion — the now-ubiquitous shorthand for the notion that workplaces should be fair, encouraging and open to