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Business
German rail network at near standstill as drivers begin six-day strike
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.German train drivers have begun a six-day strike over…
Longtime Tesla shareholder calls Elon Musk the most ‘delusional’ CEO he’s ever invested with
One of Tesla’s most loyal and longtime shareholders is expressing wavering faith in the electric vehicle (EV) company with Elon Musk at the helm. "Most of our clients have…
UK government eyes AstraZeneca factory expansion deal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK ministers are hoping to secure a major new vaccines…
Social Security recipients could get hit with a surprise tax bill this year
The record-high Social Security payment increase in 2023 could bring along an unwelcome side effect for retired Americans still grappling with the sting of inflation: higher…
UK business activity growing faster than forecast in sign of ‘renewed momentum’
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK economic activity increased at the fastest pace for…
Most Americans cannot afford a $1K emergency expense
A majority of Americans say a $1,000 emergency expense would be too great of a hit to their savings and that they could not afford it, according to new data released…
Royal Mail could cut deliveries to three days a week, says Ofcom
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Royal Mail could cut postal deliveries to as few as three…
IRS to start simplifying notices to taxpayers this year
The IRS on Tuesday announced that it will redesign and simplify the long and often complicated notices it sends to taxpayers every year. Each year, the tax-collecting agency…
EasyJet forecasts shrinking losses despite £40mn hit from Middle East conflict
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.EasyJet said it expected winter losses to narrow this…
Millennials and Zoomers aren’t leaving the nest anytime soon. This realtor says that’s a smart decision
Zoomers and Millennials are leaving the nest later than generations before them, delaying a major milestone of young adulthood – or skipping it altogether and, though it might…