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Business
Elon Musk says Warren Buffett should buy Tesla shares
Elon Musk on Sunday seemingly offered some investment advice to Berkshire Hathaway CEO Warren Buffett, saying he should purchase a stake in Tesla. "He should take a position…
Renters fear they’ll never own a home: Fed survey
The share of renters in the U.S. who believe they will someday own a home has plummeted over the past year, as the home affordability crisis continues to make the American…
Kenya aims to build on good relations with US
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Kenya’s president said his country was “very good friends…
Warren Buffett predicts higher taxes due to rising deficit
Billionaire Warren Buffett believes the federal government will raise taxes in the future to address widening budget deficits rather than cutting spending. "I think higher…
Living close to mom is a major consideration for Americans buying a home
The location of a homebuyer's mom is playing a crucial role in purchasing decisions, according to a new study from Realtor.com. Nearly half of U.S. adults – about 47% – have…
Fed president says next move likely to lower rates, but timing uncertain
Federal Reserve Bank of New York President John Williams said Monday that the central bank's next move will likely be to lower interest rates — though he didn't specify a…
Boeing subject to new FAA probe over 787 Dreamliner inspections
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US aviation safety regulators have opened their second…
Martha's Vineyard man wins $1M grand lottery prize after playing 'Jaws' instant game
The Massachusetts State Lottery has given out another $1 million prize and the winner is "gonna need" a bigger wallet. Gecimar Silva is now the third grand prize winner of the…
Wet weather and early Easter damp UK spring sales
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK retail sales and spending fell in April as shoppers’…
Billionaire Columbia alum Leon Cooperman says protests are 'organized anarchy'
Billionaire Columbia University graduate and CEO Leon Cooperman is doubling down on previous comments he made blasting the anti-Israel protests that have taken place at his…