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Business
Will U.S. return to easy money era?
Investors celebrated what could be the return of an easy money era after the Federal Reserve cut interest rates for the first time since March 2020 and projected rates may…
Fed’s high-rates era handed $1tn windfall to US banks
US banks made a $1tn windfall from the Federal Reserve’s two-and-a-half-year era of high interest rates, an analysis of official data by the Financial Times has found.Lenders got…
Dave Ramsey reveals how he taught his children financial responsibility and what Gen Z can learn from it
It's never too late to teach your kids how to be financially responsible. In fact, the earlier, the better, according to personal finance expert Dave Ramsey. "It starts…
EU’s defence commissioner wants obligatory ammunition stockpiles
Stay informed with free updatesSimply sign up to the War in UkrainemyFT Digest -- delivered directly to your inbox.The EU’s first defence commissioner wants to force countries to…
HSBC hit by sixfold surge in Hong Kong property loan defaults
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.HSBC’s exposure to defaulted commercial property loans in…
China’s BYD raises car export hopes in Pakistan after being spurned by India
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Chinese electric-car maker BYD’s expected expansion into…
Lactaid Milk recalled in 27 states for potential traces of almonds not included on labels
Dairy company HP Hood has voluntarily recalled Lactaid, a lactose-free dairy milk, in 27 states due to potential exposure to almonds, according to the company and the Food and…
It is all beer and skittles in the no-alcohol drinks space
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.For all the (metaphorical) buzz they generate,…
UK traders set up own ‘inspection points’ for EU goods to tackle Brexit chaos
At Provender wholesale plant nursery in Swanley, Kent, employees are unloading the first lorry load of goods into a newly-fitted, large biosecure barn established to carry out…
Cards Against Humanity files lawsuit against Elon Musk's SpaceX on allegations of trespassing in Texas
Game company Cards Against Humanity filed a lawsuit against billionaire Elon Musk's SpaceX, claiming the spacecraft launch company of illegally trespassing on South Texas land…