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Business
Demand for tiny homes spikes as housing affordability crisis weighs on would-be buyers
The housing affordability crisis that continues to trouble would-be homebuyers is sparking an increase in demand for tiny homes. In response to this demand for more affordable…
Alphabet’s M&A flops underscore its strategic dilemma
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Alphabet wants to spend on capital expenditures ($13bn in…
Home prices smashed another record in June as sales slump
The cost of buying a new house just hit another all-time high, according to a new report. Data published by the National Association of Realtors shows the median existing U.S.…
Deutsche Bank shares drop as buyback plan halted
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Deutsche Bank has ditched plans for more share buybacks…
Forever chemicals: What they are and which products they are in
It's likely you've heard the term "forever chemicals" in recent news, whether it was in relation to a lawsuit alleging their presence in a coveted product, a report exposing…
Reckitt launches wide-ranging restructuring plan
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Consumer group Reckitt has launched a strategic review of…
More student loan borrowers are getting relief through bankruptcy thanks to Biden's rule change
An increasing number of borrowers who filed cases seeking student debt discharge are successfully receiving debt relief through bankruptcy after a policy change by President Joe…
BlackRock hit by $17bn Asia-Pacific outflows in first half
Stay informed with free updatesSimply sign up to the Exchange traded fundsmyFT Digest -- delivered directly to your inbox.BlackRock, the world’s largest asset manager, posted…
Elon Musk pushes back on reports that he's donating $45M a month to super PAC backing Trump
Billionaire Elon Musk is denying reports that said he is donating $45 million a month to a super PAC supporting former President Trump each month leading up to the November…
FirstFT: Tesla profits slip as Elon Musk delays ‘robotaxi’ launch
Good morning. Is the tide finally turning for London’s ailing stock market? We have new data that could shed some light, as well as updates on Kamala Harris’s campaign.But first,…