Welcome to our rolling coverage of Barack Obama’s inauguration for another four years as US president, complete with agenda-setting speech. By Johanna Kassel in New York and Stephanie Kirchgaessner in Washington with contributions from FT correspondents. All times are EST.

5.40 As we wrap things up for the night, a round up of the best the FT has to offer about President Obama’s second inauguration. Thanks for joining us

5.30 As the parade continues, running about 45 minutes behind schedule, the arrival of the president and first lady at the balls will be delayed. We’ll leave them to review the rest of the floats and bands as the sun sets on Washington.

 

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They wanted an admission of cheating, an apology and some sense of remorse from Lance Armstrong.

They got that, within the first 90 seconds.

More memorably, they got a glimpse of a silver-tongued egomaniac as he justified his way through a one-and-a-half-hour sit-down with Oprah Winfrey.

The stories that the world’s most famous cyclist was a jerk (Oprah’s words, not mine) have circulated for years. This time, the world saw it first hand instead of reading about him threatening former teammates, cornering people in bars and publicly accusing them of being crazy and vindictive.