US President Donald Trump’s second son Eric, who oversees the family business empire, is among the US entourage for the state visit to China. Eric and his wife Lara followed the US president down the steps from Air Force One on arrival in Beijing on Wednesday night. The executive vice-president of his father’s businesses, Eric oversees investments in areas including real estate and golf. More rece...
US President Donald Trump’s second son Eric, who oversees the family business empire, is among the US entourage for the state visit to China. Eric and his wife Lara followed the US president down the steps from Air Force One on arrival in Beijing on Wednesday night. The executive vice-president of his father’s businesses, Eric oversees investments in areas including real estate and golf. More recently, he has pivoted to cryptocurrency and blockchain technology, focusing on decentralised...
Steven Soderbergh and Ed Solomons provide a vision of haughty Englishness up there with Gosford Park and Phantom Thread Steven Soderbergh has a certain superpower, not always bestowed on even the most important directors: a capacity to surprise. This is a restlessly productive film-maker, travelling light creatively, developing eclectic projects, shooting on digital, using intimate locations and g...
Steven Soderbergh and Ed Solomons provide a vision of haughty Englishness up there with Gosford Park and Phantom Thread Steven Soderbergh has a certain superpower, not always bestowed on even the most important directors: a capacity to surprise. This is a restlessly productive film-maker, travelling light creatively, developing eclectic projects, shooting on digital, using intimate locations and getting the very best from an invariably classy cast. He has recently found himself in the UK and his latest London-set movie is terrifically exhilarating and funny, as bracing as a large vodka and tonic before lunch: fast, literate and funny with a key plot progression elliptically and unsentimentally managed. The Christophers is a movie about contemporary art and about what Alan Bennett in his play about Anthony Blunt called “a question of attribution”, and it puts new life and wit into the (perhaps) tiresome subject of movies on this subject: what has value and what does not. An irascible, dyspeptic old English painter called Julian Sklar, wonderfully played by Ian McKellen, is a once dominant but now outmoded and disliked artist of the School of London variety, living solo in a chaotic bohemian townhouse in the capital’s Bloomsbury district; he is a man given to toweringly witty and cantankerous rants against everything that presents itself to his raddled senses. Continue reading...
This moving work about an irascible woman in her 70s who conducts her most intimate relationships through letters has been shortlisted for the Women’s prize Epistolary novels were once all the rage, from the epic Clarissa to the lurid fun of Dracula. They don’t come along very often now, perhaps because they can be tricky to do well: all those gaps and omissions, the need for a flawless command of...
This moving work about an irascible woman in her 70s who conducts her most intimate relationships through letters has been shortlisted for the Women’s prize Epistolary novels were once all the rage, from the epic Clarissa to the lurid fun of Dracula. They don’t come along very often now, perhaps because they can be tricky to do well: all those gaps and omissions, the need for a flawless command of tone and voice, the problem of creating movement within an unusually hermetic form. But every now and then a book appears that’s a breakout success. The 2000s saw two epistolary smash hits in We Need to Talk about Kevin and The Guernsey Literary and Potato Peel Pie Society (boy, are those different reading experiences), while in the 2010s there was Where’d You Go, Bernadette? Now we have Virginia Evans’s The Correspondent. It’s been one of those word-of-mouth sensations that puts a spring back into publishers’ steps, a bestseller on both sides of the Atlantic, now shortlisted for the Women’s prize for fiction . It’s easy to see why, given that it’s such an immensely enjoyable read. Continue reading...
Listen to Odd Lots on Apple Podcasts Listen to Odd Lots on Spotify Watch Odd Lots on YouTube Subscribe to the newsletter Last year, when we talked to Martin Wolf, the global order seemed like it was being upended after President Trump unveiled his sweeping tariffs against nearly every US trading partner. A lot has happened since then. In fact, April 2025 seems almost quaint when compared to 2026 s...
Listen to Odd Lots on Apple Podcasts Listen to Odd Lots on Spotify Watch Odd Lots on YouTube Subscribe to the newsletter Last year, when we talked to Martin Wolf, the global order seemed like it was being upended after President Trump unveiled his sweeping tariffs against nearly every US trading partner. A lot has happened since then. In fact, April 2025 seems almost quaint when compared to 2026 so far, from the Supreme Court's tariff ruling to the US-Israel war with Iran. The war's effect on the world's economy is at once stunning and utterly strange: even as the prices of major commodities — oil chief among them — rise, the markets seem unaffected, closing at record levels in recent weeks. Today we speak with Wolf, the chief economics commentator for the Financial Times, about all this chaos and why, so far, it seems disconnected from the logic of the market. There is, he says, a great deal of ruin in the world economy, but growth remains a constant fact of life. Why is that? There's no straightforward answer, but to begin understanding how we got here, Wolf takes us to the early 20th century and paints us a picture of the world after the two World Wars. We also talk about the \
Alex Rodriguez and Jason Kelly talk with Sixth Street’s Alan Waxman about taking a stake in the New England Patriots, international growth in the NBA and why a historic NWSL expansion fee paid off. (Source: Bloomberg)
Alex Rodriguez and Jason Kelly talk with Sixth Street’s Alan Waxman about taking a stake in the New England Patriots, international growth in the NBA and why a historic NWSL expansion fee paid off. (Source: Bloomberg)
Last year, when we talked to Martin Wolf, the global order seemed like it was being upended after President Trump unveiled his sweeping tariffs against nearly every US trading partner. A lot has happened since then. In fact, April 2025 seems almost quaint when compared to 2026 so far, from the Supreme Court’s tariff ruling to the US-Israel war with Iran. The war’s effect on the world’s economy is ...
Last year, when we talked to Martin Wolf, the global order seemed like it was being upended after President Trump unveiled his sweeping tariffs against nearly every US trading partner. A lot has happened since then. In fact, April 2025 seems almost quaint when compared to 2026 so far, from the Supreme Court’s tariff ruling to the US-Israel war with Iran. The war’s effect on the world’s economy is at once stunning and utterly strange: even as the prices of major commodities — oil chief among them
Now that crypto investors can buy exchange-traded funds (ETFs) holding everything from Bitcoin (CRYPTO: BTC) to XRP (CRYPTO: XRP) , the big question is which fund or coin deserves the largest allocation. For instance, the iShares Bitcoin Trust (NASDAQ: IBIT) gives investors exposure to Bitcoin, whereas the Bitwise XRP ETF (NYSEMKT: XRP) does the same for XRP. Both funds remove the hassle of self-c...
Now that crypto investors can buy exchange-traded funds (ETFs) holding everything from Bitcoin (CRYPTO: BTC) to XRP (CRYPTO: XRP) , the big question is which fund or coin deserves the largest allocation. For instance, the iShares Bitcoin Trust (NASDAQ: IBIT) gives investors exposure to Bitcoin, whereas the Bitwise XRP ETF (NYSEMKT: XRP) does the same for XRP. Both funds remove the hassle of self-custody, but the ETF structure doesn't actually determine whether the underlying asset deserves your capital. So let's look at the case for buying each. Image source: Getty Images. Continue reading
The backup power generator stock is riding the power-hungry AI data center boom, electrification, and other long-term trends. Generac stock has soared 95% YTD, yet it is still down 45% from its highs.
The backup power generator stock is riding the power-hungry AI data center boom, electrification, and other long-term trends. Generac stock has soared 95% YTD, yet it is still down 45% from its highs.
Turkey’s central bank presented a bigger than expected revision to its year-end inflation target and suspended the use of a forecast range, citing major uncertainty precipitated by the US-Israeli war on Iran. Governor Fatih Karahan said during a quarterly presentation in Istanbul on Thursday that the bank is now aiming for a year-end inflation target of 24%, up from the previous 16%. Policymakers ...
Turkey’s central bank presented a bigger than expected revision to its year-end inflation target and suspended the use of a forecast range, citing major uncertainty precipitated by the US-Israeli war on Iran. Governor Fatih Karahan said during a quarterly presentation in Istanbul on Thursday that the bank is now aiming for a year-end inflation target of 24%, up from the previous 16%. Policymakers use the target to determine the interest-rate path. Karahan added that the monetary authority expects prices may settle closer to 26% by the end of the year. Annual inflation accelerated to 32.4% in April, a percentage point higher than the median forecast in a Bloomberg survey. Karahan said that the bank is also suspending its use of a forecast range — meant to reflect a broader set of scenarios — because geopolitical uncertainty makes it too hard to gauge. The central bank revised its 2026 Brent price expectations to $89.4 per barrel, up from $60.9, he said, adding that the monetary authority also expects year-end food inflation to hit 26.3%, up from 19%. Deutsche Bank AG analysts led by Christian Wietoska warned in a report on May 8 that the shock resulting from higher energy prices “is no longer contained” and that “broader price dynamics are deteriorating” in Turkey.