37 h. ago King Charles donates £50,000 for repairs to one of late Queen’s favourite churches

The church has long been close to the hearts of the royal family, who previously helped fund its restoration when it fell into disrepair in the 19th Century

Politics

39 h. ago Big Short investor Michael Burry shutters hedge fund after big bets against AI giants

A hedge fund manager made famous for major bets against the US housing market ahead of the 2008 financial crisis is set to close his firm.

Economics

58 h. ago ‘Big Short’ star Michael Burry names FT Alphaville charts quiz winner as successor

while pub quiz photographer misses scoop

Politics

58 h. ago Michael Burry names FT Alphaville charts quiz winner as successor

while pub quiz photographer misses scoop

Politics

59 h. ago ‘Big Short’ investor Michael Burry to close fund as he warns on valuations

Asset manager famous for bet against US housing market says stock prices are unhinged from fundamentals

Events

5 d. ago Sam Altman’s bet: Can OpenAI’s ambitions keep pace with industry’s soaring costs?

As investor jitters grow, the loss-making ChatGPT firm’s vast spending commitments test the limits of Silicon Valley optimismIt is the $1.4tn (£1.1tn) question. How can a loss-making startup such as OpenAI afford such a staggering spending commitment?Answer that positively and it will go a long way to easing investor concerns over bubble warnings in the artificial intelligence boom, from lofty tech company valuations to a mooted $3tn global spend on datacentres. Continue reading...

Politics

5 d. ago Brunaupark review – housing estate dwellers vs property developers in rousing but unequal battle

This heartfelt film bears witness to a defiant community, forms a vital piece of oral history and shows the resilience of those determined to stay onIn many cities across Europe, there is a familiar sight of longstanding housing estates being gutted to make way for more expensive builds. Felix Hergert and Dominik Zietlow’s heartfelt film focuses on one such complex, the vibrant Brunaupark in Zurich. Consisting of five residential tenements, the area is home to more than 400 tenants, who have created a close-knit multicultural community over the decades. Credit Suisse, whose pension fund owns the building, has other ideas. The people of Brunaupark are served with notices as proposals for partial demolition and new construction get under way.Going from door to door, this documentary forms a vital piece of oral history, bearing witness to the defiance and resilience of those determined to stay. Each story is filled with colourful memories: one restaurant owner, who has been forced to g...

Events

8 d. ago 'Big Short' Michael Burry's $1bn bet on a market crash pays off as stocks suffer WORST day since tariff meltdown

Cracks are showing on Wall Street. With trillions in market value wiped away in a matter of days, the man behind The Big Short may have just called the top of the tech bubble.

Economics

1 week ago The Big Short investor who called 2008 crash is betting big against AI

Tech stocks took a nosedive Tuesday as a result of the investor’s bets

Economics

1 week ago Palantir shares slide after Michael Burry reveals bet against stock

Star hedge fund manager discloses $912mn bearish wager

Politics

1 week ago Palantir shares slide after Michael Burry bets against stock

Star hedge fund manager discloses $912mn bearish wager

Politics

1 week ago Palantir shares drop as much as 10% after Michael Burry shorts stock

Hedge fund manager discloses $912mn short against tech group’s shares using derivatives

Politics