Pope Leo XIV will need to tread a fine line in an era of geopolitical turmoil. on.ft.com/4kaELIi

BP rivals run the numbers on takeover of struggling oil major: but will Shell, Exxon or Chevron bite with oil down at $60? Financial Times takes a look Malcolm Moore Ian Johnston ft.com/content/dd448d… via @ft

Joe Biden ‘redemption tour’ backfires as cognitive doubts resurface ft.com/content/2114a5… via @ft

"He's not doing himself any favours" - Myles McCormick on the Biden shadow continuing to weigh on the Democrats ft.com/content/2114a5… via @ft

US economy added 139,000 jobs in May as labour market weakens - Myles McCormick ft.com/content/b79bd1… via @ft

#Texas isn’t just resisting #Washington—it’s learning how to rewrite the rules. My interview in today’s Financial Times Big Read with Myles McCormick looks at how Texas is reshaping its relationship with federal policy—and what it means for economic development. 🧵 1/4]

🇺🇸 Fed Split Over How Soon To Cut Rates ▫Officials spar on effect of tariffs ▫Trump appointee plays down inflation ▫Markets bet on 2 reductions ▫Claire Jones Myles McCormick @kateduguid & George Steer #frontpagestoday #USA Financial Times

Congrats Myles McCormick - thrilled that you are joining our top-notch FT economics team !

Jay Powell declines to rule out a July rate cut at Sintra conference. Story w/ Olafstorbeck.ft.com (on bsky.social) and @kateduguid

🇺🇸 Slim Senate Victory Brings Trump's 'Big, Beautiful' Fiscal Bill A Step Closer ▫Tie-breaker vote seals win ▫Tax cut extension ▫Health spending cut ▫Legislation returns to House ▫Lauren Fedor Myles McCormick Stefania Palma #frontpagestoday #USA Financial Times 🇺🇸

“the independence of the Fed is absolutely critical — and not just for the current Fed chair, whom I respect, Jay Powell, but for the next Fed chair” Jamie Dimon quoted by Myles McCormick ft.com/content/8732cf… Financial Times

Brief appearance on RTÉ News Morning Ireland today to speak about Trump’s threat to sack Powell as Fed chair. rte.ie/radio/radio1/c…

How soon is too soon to be talking about 2028? My Financial Times dispatch this week from Iowa, where the GOP grassroots are weighing who might be Trump’s heir apparent: ft.com/content/c4c15a…

White House presses Fed to ‘dramatically lower’ rates as meeting looms on.ft.com/3IN7mWE

What have the US and EU agreed on trade? on.ft.com/4m99giK

Despite the upheaval in Washington, the US economy has proved surprisingly resilient. Myself and Claire Jones wrote an Financial Times Big Read asking how long the good times can last. ft.com/content/b9f739…

The world’s ageing offshore oil and gas infrastructure scream for BILLIONS. Over 2,700 wells and 500 platforms in the Gulf of Mexico are overdue for dismantling. In the North Sea, ~940 wells await decommissioning, and ~200 more will stop producing in South Asia by 2030,