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Business
Bessent wraps up Fed chair interviews as Trump’s decision expected before Christmas
Treasury Secretary Scott Bessent has wrapped up interviews this week for the top spot at the Federal Reserve. Bessent, who has been interviewing candidates since Labor Day,…
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Major retailers and restaurants closing for Thanksgiving: Here’s where you can still shop or eat
Many of the nation's largest retailers and restaurants will close their doors or operate with reduced hours on Thanksgiving Day, as Americans gather with loved ones for the…
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USDA calls SNAP benefits program 'out of control,' plans major overhaul
The U.S. Department of Agriculture says it’s working to reform what it calls the "out of control" SNAP benefits program. The agency plans to redirect more of its nutrition…
Chancellor swoops on landlords and wealthy homeowners
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Landlords and owners of expensive homes are to be hit by…
Apple projected to beat Samsung in smartphone shipments for first time since 2011
Apple's smartphone shipments in 2025 are expected to top Samsung's for the first time in over a decade and become the world's leading seller of smartphones, according to a new…
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Amazon investigated by FAA after delivery drone strikes internet cable
The Federal Aviation Administration (FAA) is investigating an incident in which an Amazon delivery drone struck an overhead internet cable in Texas, the agency confirmed to…
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