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Retail investors drive ‘penny stock’ boom but are being hurt by fundraisings that flood market with shares

A serious reset led by the next government is vital for an industry that delivers this human necessity

And a question for readers on manufacturing

Fruit, tequila and even cars could be more expensive as a result of the president’s decision

The end of price stability has unleashed an epidemic of rigid or sloppy thinking

And more on American exceptionalism

Plus, FT exclusive: a new job for Rishi Sunak’s spokesperson, who last year apologised to journalists for ‘failings’ over Partygate

The end of the historic bull market in the asset class just means a different approach is needed from investors

A self-guided ride through La Mancha and Extremadura visits converted castles, monasteries and palaces. Plus: five more paradors not to miss

Allegations of labour abuse on Brazil building site cast a shadow over BYD’s plan for its first car factory outside Asia