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Business
US budget gap soars to $1.7 trillion, largest outside COVID era
The U.S. government on Friday posted a $1.695 trillion budget deficit in fiscal 2023, a 23% jump from the prior year as revenues fell and outlays for Social Security, Medicare…
Biden admin proposes reforms to controversial H-1B visa program
The Biden administration this week rolled out its proposals to reform the H-1B visa program, which has faced accusations for years that it is being abused by Big Tech…
Adult kids are moving in with parents to save for homes
With fall buying season in full swing, and mortgage rates nearing 8%, prospective homebuyers are facing affordability challenges forcing some adults to move back in with their…
Poker pro Annie Duke warns against small losses leading to ‘terrible decisions’
With adrenaline pumping and your money on the line, sometimes brash decisions aren’t always profitable ones. Author and former U.S. professional poker player Annie Duke noted…
Dame Sharon White describes ‘difficult week’ after decision to leave John Lewis and Waitrose
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Dame Sharon White told workers at John Lewis and Waitrose…
Man fakes heart attacks to avoid paying the bill at 20 restaurants
Multiple restaurants located in a Spanish city reportedly had encounters with a man allegedly trying to get away without paying by using a tricky tactic. Spanish media outlets…
UK Treasury set for £100mn windfall from nationalised banks’ pension funds
Stay informed with free updatesSimply sign up to the Workplace pensionsmyFT Digest -- delivered directly to your inbox.The UK Treasury is in line for a windfall of more than…
Wall Street CEOs standing up for Israel
Israel declared war against Hamas after the terrorist group infiltrated the country on Oct. 7, firing thousands of rockets at residential areas and killing civilians. At…
Costco is so beloved by this couple, they wrote a book about the retailer
A married couple with a mutual love of Costco have written a book about the retailer – and they have also discovered many tips about navigating shopping there over the years.…
Taylor Swift’s ‘Eras Tour’ movie may have missed out on making millions more: report
Taylor Swift had a remarkably successful summer, with her Eras Tour bringing in billions of dollars. Now, the pop icon is bringing the tour to a new audience. Last week,…