Reader callout: Is being a grandparent more expensive than you expected?
With parents’ budgets squeezed by the modern economy, grandparents are increasingly asked to help out
Meta claims Ofcom ‘unprecedented’ fining power is unlawful
Facebook owner mounts legal challenge over UK online safety rules and penalties
Citi disappoints investors with modest profit targets
Wall Street bank seeks to persuade investors that the hard part of a years-long turnaround is done
Six films to watch this week
‘Romería’ is a five-star Spanish coming-of-age tale; ‘Kokuho’ is a maximalist film about Japanese kabuki theatre; back to the catwalk with ‘The Devil Wears Prada 2’; ‘Severance’ star Adam Scott in Irish-set horror ‘Hokum’. Reviews by Danny Leigh & Jonathan Romney
Romería — dazzling coming-of-age tale takes bold imaginative leap
Carla Simón follows ‘Alcarràs’ with luminous film about a teenager’s quest to discover the truth about her parents
Braver New World by John Kampfner — how to be bold in troubled times
A rattlingly readable analysis of good public policy in 10 countries — and what the rest of the globe can learn from it
McDonald’s warns of price pressures from rising beef and energy costs
Fast food group beats expectations but executives say rising expenses are constricting cash flows for franchisees
NBA offers $3bn sweetener for European basketball league bids
US league looks to reassure potential team owners over slow path to profits
Kalshi valuation quadruples to $22bn in less than a year
Platform raises $1bn in fundraise led by Philippe Laffont’s investment firm Coatue
FT quiz: the week in news
Ten topical questions to test your news nous
China hands two former defence ministers suspended death sentences
Punishment underlines severity of Xi Jinping’s sweeping purge of powerful military
British-Chinese nationals found guilty of spying for Hong Kong
Two men, including former Border Force official, convicted in trial at London’s Old Bailey
UK and US launch disease control measures over hantavirus
Nearly 30 passengers had already left cruise ship struck with rodent-borne illness before alarm was raised
Africa’s richest man Dangote plans London listing of cement empire
Billionaire behind $13bn company says rule changes to encourage UK listings make plan more attractive
Wall Street rebound driven by smallest number of stocks on record
Soaring S&P propelled by Big Tech equities prompts warnings about ‘fragility’ of rally
Let’s stop blaming retail investors for wonky markets
They are finance’s saviours as well as its villains
Starmer scrambles to resolve dispute over delayed UK defence budget
Prime minister holds talks in effort to finalise 10-year investment plan as part of post-election reset
Rubio seeks to mend ties with Pope Leo after Trump row
Secretary of state dispatched to Vatican to defuse tensions over Iran war
Who will drive the driverless car revolution?
US companies still lead in innovation but their Chinese rivals are speeding ahead in the deployment race
What will Trump’s war on Iran mean for global trade?You asked, Alan Beattie answered
The FT’s trade columnist replied to reader questions
Democrats turn to working-class candidates to win back voters
Also in today’s newsletter, the US’s hunt for a new missile interceptor and Marco Rubio’s audience with Pope Leo
Lloyd’s of London debates disclosing findings of probe into governance concerns
Insurance market hired Freshfields to investigate promotion of executive close to then-CEO
Police arrest man on suspicion of selling Morgan McSweeney’s phone
Former Downing Street chief of staff said his device was stolen in October last year
Pragmata and Saros — these sci-fi shooters are enormous fun to play
Two of the year’s biggest and flashiest games offer gruesome, tentacular monsters and robots hell-bent on extermination