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Business
Mortgage refinance falls again, despite homeowners sitting on $17T in equity
American homeowners are sitting on a record $17 trillion in equity, yet the rapid rise in mortgage rates over the past two years has prevented many of them from tapping their!-->-->…
The Nvidia sceptics
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Good morning. Bill Huang, whose Archegos hedge fund blew…
Texas residents turn to Whataburger app to track power outages amid Hurricane Beryl devastation
As Texans grapple with Hurricane Beryl, many have found an unexpected way to decipher where the lights are still on. Some residents appear to be turning to the Whataburger!-->-->…
FirstFT: Support for Joe Biden wavers among Democratic donors
Good morning. Joe Biden’s performance at a high-stakes press conference later this evening will be under intense scrutiny as pressure on him to quit the presidential race…
Here's how to evaluate homeowners insurance coverage amid hurricane season
Hurricane season runs from June 1 to November 30, and over the years, the storms that happen during this time frame have grown increasingly more violent. Not only has this led!-->-->…
Texans swelter after Hurricane Beryl knocks out power
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Almost 2mn households remained without power in Texas on…
Bipartisan group of senators reaches agreement on bill to ban lawmakers from trading stocks
A bipartisan group of senators has reached an agreement on legislation that would ban members of Congress from trading stocks. Sen. Josh Hawley, R-Mo., joined Democratic Sens.!-->-->…
Live news: Chinese equities rise on first day of new short-selling restrictions
Events: Ofwat, Britain’s water regulator, announces its draft decision on how much household bills will be allowed to rise over the next five years. Buckingham Palace opens its…
Stolen Lego sets, worth over $200,000 confiscated by Oregon police
An eye-popping amount of Lego sets swiped from local businesses were recently confiscated by Oregon police. The Springfield Police Department said Tuesday its Crime Reduction!-->-->…
Have it your way: how luxury brands embraced personalisation
It was the subtle diaphanous shading of the 17th-century walnut tree, felled in a storm back in 2007, that first caught Ioannis Papagiannakopoulos’s eye. That and the “not for…