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Business
Private equity groups’ assets struggling under hefty debt loads, Moody’s says
Stay informed with free updatesSimply sign up to the Private equitymyFT Digest -- delivered directly to your inbox.Private equity groups including Platinum Equity, Clearlake…
Inflation sees the lowest annual rise since 2021
The Consumer Price Index (CPI), the main measure of inflation, increased 0.2% in September, a similar increase consumers saw in August and July, the Bureau of Labor Statistics…
Elizabeth Warren blasts accounting watchdog over BDO audit failures
Stay informed with free updatesSimply sign up to the US financial regulationmyFT Digest -- delivered directly to your inbox.Members of the US Senate finance committee are…
Stuart Varney: Biden-Harris want critics to 'shut up' about their hurricane response
During his "My Take," Thursday, "Varney & Co." host Stuart Varney reacted to JD Vance slamming the Biden-Harris administration's response to Hurricane Helene and for…
Rise of ‘mega trials’ fuels fee bonanza for London’s top lawyers
London’s top commercial courts are grappling with some of the highest value and most complex cases in English legal history, handing lawyers a fees bonanza but increasing pressure…
Social Security cost-of-living adjustment will be 2.5% in 2025, less than prior year
The Social Security Administration on Thursday announced that the cost-of-living adjustment for 2025 will be 2.5%, the lowest since 2021. Social Security retirement benefits,…
7-Eleven owner plans split as it resists record $47bn buyout proposal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Seven & i Holdings plans to split its convenience…
SEC commissioner confesses its crypto approach has fueled 'disaster for the whole industry'
As markets have embarked into the new frontier of cryptocurrency in recent years, the top federal agency that oversees financial services is admitting its crypto approach has…
Unilever sells Russian business for €520mn
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Unilever has sold its Russian business for €520mn…
Knicks tickets are most in-demand in NBA after blockbuster trades in offseason
The near future for the New York Knicks is extremely bright. The Knicks earned the No. 2 seed in the Eastern Conference last season, and had it not been for untimely injuries,…