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1806 posts

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Business

Business

Most people would love a four-day workweek. But it doesn’t work for everyone

By Press Room
November 8, 2023
2 Mins read
Business

Israel-Hamas war: 2-minute briefing, day 33

By Press Room
November 8, 2023
2 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Israel’s defence…
Business

US credit card balances see largest yearly leap on record

By Press Room
November 8, 2023
3 Mins read
The resilient consumer has kept the US economic engine running, but it’s coming at a big cost: Americans are piling up record credit card balances,…
Business

Soaring wage growth risks blunting eastern Europe’s edge, IMF warns

By Press Room
November 8, 2023
2 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The IMF…
Business

Optus outage affects millions of Australians, phone and internet connections still down

By Press Room
November 8, 2023
2 Mins read
Millions of Australians were left without a phone or internet connection on Wednesday after the country’s second-largest telecommunications provider experienced an unexplained…
Business

Cravath creates non-equity partner tier as it seeks to retain legal talent

By Press Room
November 8, 2023
2 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Cravath, Swaine…
Business

More Americans are yanking money from their 401(k) plans to pay the bills

By Press Room
November 8, 2023
2 Mins read
A growing number of cash-strapped Americans are cracking their nest eggs for emergency funds. The number of 401(k) plan participants taking hardship distributions increased…
Business

BlackRock set to invest $550mn in Occidental direct air capture project

By Press Room
November 8, 2023
2 Mins read
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BlackRock is…
Business

Execs ignored the damage Instagram does to teens, Meta whistleblower tells Congress

By Press Room
November 8, 2023
5 Mins read
Meta’s top executives, including CEO Mark Zuckerberg, ignored warnings for years about harms to teens on its platforms such as Instagram, a…
Business

Live news: Asian equities edge lower as Fed cautions on pause in interest rate rises

By Press Room
November 8, 2023
1 Mins read
Rivian plans to make an additional 2,000 vehicles this year, while cutting its full-year projection for adjusted losses to $4bn. The California…
Business

S&P 500 and Nasdaq Composite notch longest streak of gains in two years

By Press Room
November 7, 2023
1 Mins read
Wall Street gained Tuesday as the continued slide in Treasury yields helped propel stocks higher. The S&P 500 index climbed for the…
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