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Business
How it started… how it's going: Cost of living still way up compared to pre-Biden norm
President Biden welcomed Wednesday's inflation report that showed prices rose less than expected in May, but the cost of living for millions of Americans is still much higher…
What the EU’s tariffs on electric vehicles mean for China
The EU’s announcement of sharply increased tariffs on Chinese electric vehicle imports marks a major setback to President Xi Jinping’s efforts to persuade Brussels not to follow…
Waffle House will raise wages for tipped workers amid labor advocacy efforts
The famed Waffle House fast-food franchise is increasing wages for its workforce of more than 40,000 employees. This move comes after a persistent year-long push from labor…
Revolut expands in Canary Wharf despite regulatory limbo
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK fintech Revolut will move its headquarters to one of…
Politics increasingly driving consumers' buying decisions, study shows
Consumers across the globe are increasingly making buying decisions based on their political views, with a sharp rise in brand nationalism since last year, according to new…
What does Peltz want from Rentokil?
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.“Does Nelson Peltz understand termites?” is a question…
LARRY KUDLOW: The Republican Party has an opportunity to change the direction of this great country
Mr. Trump goes to Washington. That's the subject of "The Riff." Republican standard-bearer Donald Trump goes to Washington tomorrow to meet with the House and Senate…
The Peltz playbook at Rentokil can’t just be a listing change
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Rentokil Initial specialises in ridding premises of…
Equinox offers whopping $40K gym membership with personalized wellness program: 'New era'
Equinox is upping the ante on expensive gym memberships. The luxury fitness club — which is headquartered in New York and has 300 locations across the U.S. — announced the…
Iran-backed Houthis hit ship with sea drone
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Yemen’s Iran-backed Houthis have staged their first…