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Business
Sam's Club boosting pay for workers
Sam's Club, the membership-only warehouse owned by Walmart, is boosting pay for roughly 100,000 frontline workers. The company created a road map for associates "to plan and…
US homebuilders really do look as safe as houses
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Few investors predicted that US homebuilders would prove…
Vanguard experiment in shareholder democracy finds investors prefer to defer
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Vanguard gave investors in a handful of its funds the…
Federal Reserve kicks off highly anticipated meeting with interest rate cuts on the docket
The Federal Reserve on Tuesday begins a highly anticipated two-day meeting where policymakers are expected to cut interest rates for the first time in four years as stubborn…
Microsoft calls for ‘clarity’ over AI chip curbs to Middle East
Stay informed with free updatesSimply sign up to the Artificial intelligencemyFT Digest -- delivered directly to your inbox.Microsoft has called for “clarity and consistency” over…
American workers' wages are still losing the inflation race, new data confirms
It’s true that inflation has plunged from its post-pandemic highs, but American workers’ "real wages" haven’t kept up with those pricey pressures, according to new data.…
The great aircon paradox will keep this Hong Kong IPO simmering
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The air conditioning paradox is that the same technology…
Policy group says Harris' small business break gets drowned out by other higher taxes
Vice President Kamala Harris is proposing to increase the standard tax deduction for small business startup costs tenfold as part of her broader economic agenda if she wins…
Brompton tackles tougher terrain with first bike on bigger wheels
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The UK’s biggest bicycle maker, fold-up specialist…
Revolut prepares for 2025 India launch
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Revolut is preparing to launch its services in India next…