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Business
Some holiday shoppers are buying for themselves instead of gift-giving
Retailers could see some consumers make purchases for themselves that they won’t use for gift-giving while participating in two popular upcoming holiday shopping days,…
China culls spend in response to US trade hostility
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Chinese businesses are retreating from the US as…
Leah Remini lists LA mansion for $12.5M as ‘King of Queens’ star becomes empty nester
"King of Queens" star Leah Remini has put her Los Angeles area home on the market for $12.5 million. Located in the ultra-private Lockridge Estates of Fryman Canyon, near…
UK house prices register first increase since March, says Halifax
Stay informed with free updatesSimply sign up to the UK house pricesmyFT Digest -- delivered directly to your inbox.UK house prices have registered their first monthly increase…
Back-to-office mandates are pushing some Americans to sell homes at a loss
In a housing market plagued by record-low availability, homebuyers could see more listings as back-to-office mandates force sellers to find a deal sooner – even if it means…
UBS chair warns next crisis will be in private markets
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The next financial crisis is likely to be in the “shadow”…
OpenAI unveils customized AI bots; offers cheaper, more powerful models
OpenAI will enable ChatGPT users to build customized bots to handle specific tasks, and it has slashed costs on more powerful models for developers, the artificial…
UBS posts $785mn quarterly loss due to Credit Suisse integration costs
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UBS has unveiled its first quarterly loss in nearly six…
Microsoft’s Xbox developing generative AI tools for game creators
Microsoft-owned Xbox is working on a set of generative artificial intelligence-powered tools for game developers that will enable them to use the new technology to build…
Taylor Swift may hand out bigger bonuses than many banks this year
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.This is the time of year when the financial press writes…