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FINANCIAL TIMES
Saturday, 23 May 2026
Start your day with the top stories from the United States
 
 
 

Politics

 
 
 
US oil producers increase output to capture price surge from Iran war
 
Drilling expansion follows 40 per cent jump in cost from global supply crunch that has dented president’s approval ratings
 
 
Marco Rubio combats Cuban American backlash as he seeks Havana deal
 
US secretary of state focuses on economic shift over dramatic change to country’s political system
 
 
Pakistan army chief travels to Tehran in push for US-Iran deal
 
Asim Munir joins mediators including Qatar as effort to prevent resumption of full-scale war intensifies
 
 
Trump administration to make foreigners leave US to apply for green cards
 
Move to tighten permanent residency requirements could have significant implications for businesses
 
 
 

Economy and markets

 
 
 
Wall Street bets on 2026 rate rise as Kevin Warsh takes charge of the Fed
 
Markets expect US central bank to lift borrowing costs by end of year as Iran war intensifies inflation
 
 
 

Companies

 
 
 
SpaceX, OpenAI and Anthropic IPOs set to test limits of AI boom
 
Elon Musk, Sam Altman and Dario Amodei battle over who can command Wall Street’s deepest pools of capital
 
 
How AI has changed M&A
 
Deals hit record highs, unloved companies turn sexy and PE finds a new gold mine
 
 
SpaceX launches redesigned Starship in successful pre-IPO test
 
Elon Musk’s company demonstrates the technology at the heart of the biggest initial public offering in history
 
 
 

Opinion

 
 
 
US crime and mortality is declining fast — what can the rest of us learn?
 
America is making progress in driving down violent deaths and those from some dangerous diseases
 
 
Get ready to take sides in Big Tech’s giant IPO bake-off
 
With SpaceX, OpenAI and Anthropic targeting the same market, investors must decide what qualities they prize most
 
 
The risks to the legacy of Barney Frank
 
A key feature of the annual stress test for US banks is being undermined
 
 
The boutique bank that eschews blockbuster bragging rights
 
Lincoln International may not be a household name but it occupies a niche in the market
 
 
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