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Business
New Taylor Swift book hits Target shelves on Black Friday: What to know
Target is aiming to draw in Swifties over the upcoming holiday shopping weekend with an exclusive book, vinyl and CD from Taylor Swift. The retailer said it will exclusively…
Coffee futures hit 47-year high on global supply and EU law fears
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Coffee climbed to its highest in nearly 50 years on…
Trump's proposed tariffs on Mexico, Canada, China will increase inflation, Goldman Sachs warns
President-elect Donald Trump's plan to impose a 25% tariff on all goods from Mexico and Canada while hiking the levies on products from China will drive up costs for…
Europe’s banks need deals to keep pace with a runaway US sector
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.European politicians pay lip service to the need to…
Mortgage demand jumps as rates drop
Long-term mortgage rates fell over the past week, reigniting demand for home purchases and breathing new life into what has been a stagnant housing market. The Mortgage…
Republican US states sue BlackRock for ‘destructive’ green agenda
Stay informed with free updatesSimply sign up to the ESG investingmyFT Digest -- delivered directly to your inbox.Texas and 10 other Republican-led states are suing BlackRock,…
Dow hits all-time high, on pace for 47th record close
U.S. stocks continued marching higher on Wednesday with the Dow Jones Industrial Average hitting a fresh record high, on pace for its 47th record of the year. The S&P 500…
Grifols shares sink after Brookfield walks away from €6.45bn offer
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Brookfield Asset Management has walked away from an…
Fed's favored inflation gauge showed price growth picked up in October
An inflation gauge closely watched by Federal Reserve policymakers ticked higher in October, though it remains near the Fed's inflation target. The Commerce Department on…
Handbags at dawn: is there life for Capri after Tapestry?
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Tapestry’s dream of building a US “accessible luxury”…