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Business
New IRS tax brackets take effect in 2024, meaning your paycheck could be bigger next year
Higher federal income tax brackets and standard deductions will take effect at the beginning of January, potentially giving Americans a chance to increase their take-home pay…
AstraZeneca set to make one of its first acquisitions in China
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.AstraZeneca is set to make one of its first acquisitions…
Financial services: bank runs stoke accounting debate
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.How much is a bond worth? In 2023, investors learned that…
‘Career cushioning,’ latest workplace trend, has employees trying to protect themselves heading into 2024
The unpredictability of the state of the American workplace continues to be on the minds of employees as the New Year of 2024 beckons. The response to this instability of job…
How anti-obesity drugs built the world’s largest charitable foundation
A century ago the makers of a revolutionary new drug called insulin promised not to make “nasty profits”. Their commitment created what is now the largest charitable foundation in…
Big-city crime in 2023 had some businesses saying enough is enough
In major cities across the country in 2023 a number of retail stores and other businesses faced with rampant crime, to the detriment of their livelihood and customers'…
Porsche reckons with history of forgotten Jewish co-founder
Porsche’s 75th anniversary extravaganza this summer included a frenzy of sports cars whizzing around its Stuttgart headquarters in front of an audience including heirs to…
Nike challenger Anta faces fresh rivals in Chinese sportswear race
In 1987, a teenage Ding Shizhong boarded a train from the southern Chinese city of Fuzhou to Beijing, carrying leather shoes manufactured at his family’s factory in the coastal…
FirstFT: Banks reverse post-pandemic hiring spree with 60,000 job cuts in 2023
Stay informed with free updatesSimply sign up to the WorldmyFT Digest -- delivered directly to your inbox.Good morning, and happy Boxing Day!Twenty of the world’s biggest banks…
Powerball jackpot rises to estimated $685M after no winner in Christmas Day drawing
The Powerball jackpot continues to rise after no tickets matched all six numbers Monday night to claim the $638 million grand prize. The jackpot now sits at an estimated $685…