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Business
Credit card debt surges to another record high, New York Fed data shows
Americans' credit card debt continues to climb, hitting a fresh record at the end of September, according to a new report from the New York Federal Reserve. Total credit card…
Monte dei Paschi shares jump 9% after rival BPM takes stake
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shares in Monte dei Paschi di Siena jumped 9 per cent in…
New Burberry boss ‘acting with urgency’ after half-year loss
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Burberry’s new chief executive said he was “acting with…
BlackRock files to launch lower-risk money market fund ETFs
Stay informed with free updatesSimply sign up to the Exchange traded fundsmyFT Digest -- delivered directly to your inbox.BlackRock has filed to launch two money market funds in…
FirstFT: Investors bet on Donald Trump’s promise to end Ukraine war
Today’s agenda: Republicans win House majority; Germany’s warning against Russian LNG; HRW’s report on Israel; EU’s growth prospects; and the rise of padelGood morning. Our top…
Provide financially for yourself, your family with extra income by starting your own small business
Millions of Americans have launched their own small businesses. In fact, there are a whopping 33.2 million small businesses in the country, according to the U.S. Chamber of…
Canadian indigenous groups seek deals with China despite security fears
Canada’s indigenous communities are seeking deals with China that could give Beijing access to the country’s natural resources, despite warnings from Canadian security services…
Howard Lutnick making push for Treasury job, setting up battle with leading contender Bessent
Billionaire hedge fund manager Scott Bessent was all but certain to be named Treasury secretary in President-elect Trump’s new administration on Tuesday morning, but his…
UK renters hit by housing supply squeeze
Stay informed with free updatesSimply sign up to the UK propertymyFT Digest -- delivered directly to your inbox.A dwindling number of properties coming to the rental market…
Spirit prepares for bankruptcy filing after failed Frontier talks: report
Spirit Airlines is reportedly planning to file for Chapter 11 bankruptcy protection after its latest attempt to merge with Frontier Airlines fell through. This marks the…