Wall Street ‘euphoria’ sparks bubble warnings

Analysts point to signs of market froth as bitcoin soars and ‘meme stocks’ re-emerge
What bankers should learn from the Tom Hayes acquittal

Justice has been served in this case but there is no safety in numbers
UK business secretary dismisses wealth tax as ‘daft’

Jonathan Reynolds rules out targeting assets of the rich to plug growing hole in public finances
Fashion designer Brunello Cucinelli: ‘It’s not easy for anyone to let go of power’

The ‘king of cashmere’ on his €7bn empire, the challenges facing the luxury industry — and how it all began on a farm
Reeves faces ‘significant challenges’ from trade war and small headroom, warns IMF

Fund renews call for UK chancellor to ‘refine’ budget regime in annual report on economy
Meta to pull political ads in EU in response to new disinformation rules

Facebook and Instagram owner says new transparency regulations are ‘unworkable’ in latest attack on Brussels