Business

The social media company X, which was formally called Twitter until it was purchased by Elon Musk, will reportedly close its San Francisco headquarters and move to Texas.  An…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Spending in UK pubs, bars and clubs almost tripled on the…

Prominent financial analyst Robert Prechter says he believes the Federal Reserve will make the rare move of implementing an emergency rate cut ahead of its September meeting,…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lucid Motors has received another $1.5bn in funding from…

Stocks suffer third straight drop and worst session since September 2022 The "Magnifient Seven" tech leaders lost nearly $800 billion in market value, this as Warren Buffett…

Volatility in the US equity market had eased from a four-year high, but was still hovering around its highest level since early 2022.The Chicago Board Options Exchange’s volatility…

Vice President Harris' past comments about the impact of inflation on American consumers and how the Biden-Harris administration would address it are resurfacing in the wake…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Carlyle doubled its fundraising in the second quarter to…

Multiple billionaires saw their net worth shrink on Monday while the global markets experienced significant turbulence.  Amazon founder Jeff Bezos, Nvidia CEO Jensen Huang and…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.From MainFT:Mars, the candy, food and petcare…