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Business
WeightWatchers shares slump as it struggles to adapt in anti-obesity jab era
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Shares in the company behind WeightWatchers fell sharply…
US job growth slows to 114K in July while unemployment unexpectedly jumps
U.S. job growth cooled sharply in July while the unemployment rate unexpectedly rose to the highest level in nearly three years. The Labor Department reported Friday that…
Succession lessons of the Murdochs’ dynastic drama
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.A volatile combination of money, power and dysfunction…
Trump calls US-Russia prisoner swap a 'win for Putin,' says detainments 'wouldn't have happened with…
Former President Trump reacted to the historic prisoner swap between the U.S. and Russia, calling the deal a "win for Putin" after the Biden administration facilitated the…
Crypto brokers get into prime positions for a rebound
Hello and welcome to the FT Cryptofinance newsletter Lending is back in vogue in the crypto market.More than two years have passed since the credit crisis triggered by the collapse…
Shoplifting, retail crime in pharmacies driving customers to Amazon, CEO says
The high rate of crime in U.S. cities is contributing to customers' migration to Amazon, the shopping platform's CEO thinks. Amazon CEO Andy Jassy said Thursday in an…
Turkey blocks Instagram over ‘censorship’ of Hamas leader’s death
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Turkey has blocked access to Instagram after accusing the…
Interest rate cuts are on the horizon, but high mortgage rates could be here to stay
The Federal Reserve laid the groundwork for a September interest rate cut at the conclusion of its two-day meeting Wednesday, but the much-anticipated reduction may offer…
Prada shows how to win in a luxury slump
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.There is little doubt that the luxury sector is showing…
NCAA student athletes can earn money; a wealth management firm wants to help educate them on finances
Merrill Private Wealth Management and IMG Academy recently announced a new partnership for a financial literacy program to help the school's student-athletes have a better…