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Business
Wholesale inflation cools more than expected in May
Inflation at the wholesale level moderated more than expected in May, the latest sign that price pressures within the U.S. economy are loosening their grip. The Labor…
Aviva chief rejects Labour’s ‘flawed’ view on car insurance pricing
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Aviva’s chief executive has said that Labour’s promised…
California brewery named winner of Samuel Adams’ craft beer competition
Crowns & Hops, a Black and woman-owned, veteran operated business, emerged as the champions of Samuel Adams' 13th annual craft brewers' competition. The brewery's…
Tariffs will do little to slow BYD’s advance in Europe
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The hostile imposition of tariffs would usually mean a…
Musk says shareholders are backing his $56 billion pay package
Tesla CEO Elon Musk said shareholders are voting to approve his $56 billion pay package and move the electric vehicle company to reincorporate in Texas from Delaware. "Both…
Florida’s anti-climate law won’t slow renewables growth
Hello, and welcome back to Energy Source, coming to you from New York.We start this morning with a scoop that US company Venture Global has secured the first major deal to supply…
What sky-high borrowing costs mean for you and your money
The Federal Reserve signaled at the conclusion of its two-day meeting on Wednesday that interest rates will remain elevated for some time, forcing Americans to adapt to a…
St James’s Place poaches finance chief from UBS
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.St James’s Place’s chief financial officer Craig Gentle…
Stuart Varney: Is Hunter Biden's conviction the straw that broke the camel's back?
During his "My Take" on Wednesday, "Varney & Co." host Stuart Varney questioned whether Hunter Biden's felony conviction is putting more stress on President Biden as he…
Oracle pulls an upset as one of AI’s big winners
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.It has been a fun week for Oracle. First, one of its…